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Predictive Analytics Market to Take Huge Leap with Returns worth USD 39.1 Billion by 2028 - Zion Market ResearchNEW YORK, Oct. 20, 2021 /PRNewswire/ -- As per the research based on Zion Market Research study, predictive analytics industry gathered revenue about US$ 8.12 billion in 2020 and is set to garner revenue of approximately US$ 39.1 billion by 2028. The predictive analytics market is projected to register highest gains of approximately 21.5% in 2021-2028. In addition to this, predictive analytics helps businesses for predicting what is going to happen in future with the statistical methods empowering managers & executives for taking proactive as well as data-driven approach for setting apt business strategy and facilitating effectual decision-making.  All these aspects are expected to steer growth of predictive analytics market. Furthermore, firms are making use of predictive analytics for forecasting consumer buying behaviour and purchasing patterns for determining product sales trends. Apparently, predictions made through use of predictive analytics tools also help in accurately forecasting inventory demand, medical diagnostics, stock market data, wage data, and gene expression data. In addition to this, the tools of predictive analytics tailor to customer service requirements along with assessing firms in detecting frauds taking place in credit card transactions and other financial deals. They also help in candidate screening along with avoid data duplication as well as mistaken data collection through outlier detection. Moreover, predictive analytics find numerous applications in e-commerce, healthcare, sales, HR functions, and IT security. In addition to this, predictive analytics is utilized in business management, marketing, retail, transportation, social networking, pharmaceuticals, actuarial science, insurance, capacity planning, telecommunications, and sports events. All these aforementioned aspects will create lucrative growth avenues for predictive analytics industry during assessment period. Get Sample PDF of this Research Report for more Insights with Table of Content, Research Methodology and Graphs - https://www.zionmarketresearch.com/sample/predictive-analytic-market Inception of Big Data, Data Mining, and Data Analytics Concepts to Drive Market Trends By 2028 Growth of predictive analytics market over forecasting timeline is owing to increase in data witnessed across various sectors. Businesses can also use predictive analytics tools for targeting potential customers. Furthermore, large-scale use of association rule mining and frequent item set mining methods have also helped firms to expand their business leaps & bounds. With massive data available from internet, cookies, and social networking sites such as Facebook, Instagram, twitter, and Pinterest, predictive analytics is projected to be catch phrase anda next-gen tool. This will steer growth of predictive analytics market over forecast timeframe. With use of deep learning and machine learning algorithms by various firms, the market for predictive analytics is projected to gain traction over coming years. Large-scale use of clustering methods, ordinary least squares method, Naïve-Bayes classifier, and convex optimization techniques of machine learning will prompt size of predictive analytics market over forthcoming years. Asia Pacific Market to Record Highest CAGR over Assessment Period Expansion of predictive analytics market in Asia Pacific in forecasting years is owing to large-scale use of AI techniques and machine learning tools by various sectors such as IT, manufacturing, textile, pharmaceuticals, and oil & gas in countries such as India and China. Moreover, surge in web penetration in the sub-continent will contribute humungously towards market revenue in Asia Pacific during estimated timeframe. Rise in funding of research activities pertaining to development of AI and Deep learning algorithms by countries such as Japan and China will elicit massive growth in upcoming years. Request for Customization on this Report as per your requirements - https://www.zionmarketresearch.com/custom/718 Key players influencing market growth and profiled in report include Tableau Software Inc., SAP SE, Teradata Corporation, Fair Isaac Corporation (FICO), TIBCO Software Inc, SAS Institute, Actify Data Labs, Acxiom Corporation, CyberLabs, Information Builders, Microsoft Corporation, Alteryx, Amlgo Labs, Amazon Web Services, Google, Inc., and IBM Corporation. This report segments global predictive analytics market as follows: By Delivery Mode
By Software Solutions
By End-User
By Application
By Region
Inquire before Purchase of this Research Report - https://www.zionmarketresearch.com/inquiry/predictive-analytic-market Browse More Latest Market Research Reports - https://www.zionmarketresearch.com/all-reports About Us: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us. Contact Us: Zion Market Research Logo: https://mma.prnewswire.com/media/1605489/Zion_Market_Research_Logo.jpg 
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