Advanced Predictive Analytics Software Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region:

Description

Fairfield Market Research, a leading provider of market intelligence, has released its latest report detailing the growth trajectory of the Advanced Predictive Analytics Software Market from 2024 to 2031. According to the report, the market, valued at US$ 11 billion in 2024, is projected to reach a staggering US$ 50 billion by the end of the forecast period, registering a robust CAGR of 24.0%.

Factors Fueling Market Expansion:

Growth in the Number of Data Sources and Amount of Data - Companies are increasingly leveraging advanced predictive analytics software to harness insights from a myriad of data sources, ranging from IoT sensors to customer interactions. This influx of data enables more accurate predictions, aiding organizations in making informed decisions, enhancing service offerings, and mitigating risks effectively.

Key Market Dynamics:

United States Emerges as Market Leader - The United States dominates the global advanced predictive analytics software market, attributed to its plethora of large enterprises equipped with cutting-edge technologies. With multinational corporations generating diverse predictions from extensive data pools, the US retains the largest market share in this segment.

India's Rapid Growth - India emerges as the fastest-growing market for advanced predictive analytics software, fueled by the burgeoning e-commerce sector and the exponential increase in internet users. Start-ups leveraging social media analytics capitalize on consumer behavior insights, contributing to India's remarkable market expansion.

UK Market Dynamics - The UK's technological and industrial advancements, coupled with economic prosperity, drive significant growth in the advanced predictive analytics software market. With skilled labor, multinational presence, and robust economic fundamentals, the UK market is poised to exhibit a commendable CAGR of 17.3% over the forecast period.

Category-wise Insights:

Media and Entertainment Sector Leads Growth - The media and entertainment industry emerges as the fastest-growing segment for advanced predictive analytics software. With a diverse consumer base and direct interaction through mainstream and social media, this sector harnesses predictive analytics to understand consumer behavior, enhance content creation, and stay ahead of evolving trends.

Competitive Analysis:

Fairfield Market Research's analysts have tracked recent developments in key players within the advanced predictive analytics software market:

Key Companies Profiled

International Business Machines Corporation (IBM)
SAS Institute Inc.
Microsoft Corporation
SAP AG
Tableau Software Inc.
Information Builders, Inc.
Fair Isaac Corporation (FICO)
Teradata Corporation
Acxiom Corporation
Oracle Corporation
TIBCO Software Inc.

Key Segments of Advanced Predictive Analytics Software Market Research

By End User:

Banking and Financial Services
Insurance
Government, Public Administration and Utilities
Pharmaceuticals
Telecom and IT predictive
Retail (Consumer Goods)
Transportation and Logistics
Healthcare
Manufacturing
Media and Entertainment
Energy (Electricity, Oil and Gas)
Engineering and Construction
Tourism
Sports

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East and Africa (MEA)

1. Executive Summary

1.1. Global Advanced Predictive Analytics Software Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Advanced Predictive Analytics Software Market Outlook, 2018 - 2031

3.1. Global Advanced Predictive Analytics Software Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Banking and Financial Services
  - 3.1.1.2. Insurance
  - 3.1.1.3. Government, Public Administration and Utilities
  - 3.1.1.4. Pharmaceuticals
  - 3.1.1.5. Telecom and IT predictive
  - 3.1.1.6. Retail (Consumer Goods)
  - 3.1.1.7. Transportation and Logistics
  - 3.1.1.8. Healthcare
  - 3.1.1.9. Manufacturing
  - 3.1.1.10. Media and Entertainment
  - 3.1.1.11. Energy (Electricity, Oil and Gas)
  - 3.1.1.12. Engineering and Construction
  - 3.1.1.13. Tourism
  - 3.1.1.14. Sports
3.2. Global Advanced Predictive Analytics Software Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. North America
  - 3.2.1.2. Europe
  - 3.2.1.3. Asia Pacific
  - 3.2.1.4. Latin America
  - 3.2.1.5. Middle East & Africa

4. North America Advanced Predictive Analytics Software Market Outlook, 2018 - 2031

4.1. North America Advanced Predictive Analytics Software Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Banking and Financial Services
  - 4.1.1.2. Insurance
  - 4.1.1.3. Government, Public Administration and Utilities
  - 4.1.1.4. Pharmaceuticals
  - 4.1.1.5. Telecom and IT predictive
  - 4.1.1.6. Retail (Consumer Goods)
  - 4.1.1.7. Transportation and Logistics
  - 4.1.1.8. Healthcare
  - 4.1.1.9. Manufacturing
  - 4.1.1.10. Media and Entertainment
  - 4.1.1.11. Energy (Electricity, Oil and Gas)
  - 4.1.1.12. Engineering and Construction
  - 4.1.1.13. Tourism
  - 4.1.1.14. Sports
- 4.1.2. BPS Analysis/Market Attractiveness Analysis
4.2. North America Advanced Predictive Analytics Software Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. U.S. Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 4.2.1.2. Canada Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
- 4.2.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Advanced Predictive Analytics Software Market Outlook, 2018 - 2031

5.1. Europe Advanced Predictive Analytics Software Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Banking and Financial Services
  - 5.1.1.2. Insurance
  - 5.1.1.3. Government, Public Administration and Utilities
  - 5.1.1.4. Pharmaceuticals
  - 5.1.1.5. Telecom and IT predictive
  - 5.1.1.6. Retail (Consumer Goods)
  - 5.1.1.7. Transportation and Logistics
  - 5.1.1.8. Healthcare
  - 5.1.1.9. Manufacturing
  - 5.1.1.10. Media and Entertainment
  - 5.1.1.11. Energy (Electricity, Oil and Gas)
  - 5.1.1.12. Engineering and Construction
  - 5.1.1.13. Tourism
  - 5.1.1.14. Sports
- 5.1.2. BPS Analysis/Market Attractiveness Analysis
5.2. Europe Advanced Predictive Analytics Software Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Germany Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.2.1.2. U.K. Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.2.1.3. France Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.2.1.4. Italy Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.2.1.5. Turkey Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.2.1.6. Russia Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.2.1.7. Rest of Europe Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
- 5.2.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Advanced Predictive Analytics Software Market Outlook, 2018 - 2031

6.1. Asia Pacific Advanced Predictive Analytics Software Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Banking and Financial Services
  - 6.1.1.2. Insurance
  - 6.1.1.3. Government, Public Administration and Utilities
  - 6.1.1.4. Pharmaceuticals
  - 6.1.1.5. Telecom and IT predictive
  - 6.1.1.6. Retail (Consumer Goods)
  - 6.1.1.7. Transportation and Logistics
  - 6.1.1.8. Healthcare
  - 6.1.1.9. Manufacturing
  - 6.1.1.10. Media and Entertainment
  - 6.1.1.11. Energy (Electricity, Oil and Gas)
  - 6.1.1.12. Engineering and Construction
  - 6.1.1.13. Tourism
  - 6.1.1.14. Sports
- 6.1.2. BPS Analysis/Market Attractiveness Analysis
6.2. Asia Pacific Advanced Predictive Analytics Software Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. China Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.2.1.2. Japan Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.2.1.3. South Korea Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.2.1.4. India Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.2.1.5. Southeast Asia Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.2.1.6. Rest of Asia Pacific Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
- 6.2.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Advanced Predictive Analytics Software Market Outlook, 2018 - 2031

7.1. Latin America Advanced Predictive Analytics Software Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Banking and Financial Services
  - 7.1.1.2. Insurance
  - 7.1.1.3. Government, Public Administration and Utilities
  - 7.1.1.4. Pharmaceuticals
  - 7.1.1.5. Telecom and IT predictive
  - 7.1.1.6. Retail (Consumer Goods)
  - 7.1.1.7. Transportation and Logistics
  - 7.1.1.8. Healthcare
  - 7.1.1.9. Manufacturing
  - 7.1.1.10. Media and Entertainment
  - 7.1.1.11. Energy (Electricity, Oil and Gas)
  - 7.1.1.12. Engineering and Construction
  - 7.1.1.13. Tourism
  - 7.1.1.14. Sports
7.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Advanced Predictive Analytics Software Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 7.3.1.2. Brazil Advanced Predictive Analytics Software Market by Distribution Channel, Value (US$ Bn), 2018 - 2031
  - 7.3.1.3. Mexico Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 7.3.1.4. Argentina Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 7.3.1.5. Rest of Latin America Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Advanced Predictive Analytics Software Market Outlook, 2018 - 2031

8.1. Middle East & Africa Advanced Predictive Analytics Software Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Banking and Financial Services
  - 8.1.1.2. Insurance
  - 8.1.1.3. Government, Public Administration and Utilities
  - 8.1.1.4. Pharmaceuticals
  - 8.1.1.5. Telecom and IT predictive
  - 8.1.1.6. Retail (Consumer Goods)
  - 8.1.1.7. Transportation and Logistics
  - 8.1.1.8. Healthcare
  - 8.1.1.9. Manufacturing
  - 8.1.1.10. Media and Entertainment
  - 8.1.1.11. Energy (Electricity, Oil and Gas)
  - 8.1.1.12. Engineering and Construction
  - 8.1.1.13. Tourism
  - 8.1.1.14. Sports
8.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Advanced Predictive Analytics Software Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.3.1.2. South Africa Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.3.1.3. Egypt Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.3.1.4. Nigeria Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.3.1.5. Rest of Middle East & Africa Advanced Predictive Analytics Software Market by End User, Value (US$ Bn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Company Market Share Analysis, 2023
9.2. Competitive Dashboard
9.3. Company Profiles
- 9.3.1. IBM
  - 9.3.1.1. Company Overview
  - 9.3.1.2. Product Portfolio
  - 9.3.1.3. Financial Overview
  - 9.3.1.4. Business Strategies and Development
- 9.3.2. SAS Institute Inc.
  - 9.3.2.1. Company Overview
  - 9.3.2.2. Product Portfolio
  - 9.3.2.3. Financial Overview
  - 9.3.2.4. Business Strategies and Development
- 9.3.3. Microsoft
  - 9.3.3.1. Company Overview
  - 9.3.3.2. Product Portfolio
  - 9.3.3.3. Financial Overview
  - 9.3.3.4. Business Strategies and Development
- 9.3.4. SAP AG
  - 9.3.4.1. Company Overview
  - 9.3.4.2. Product Portfolio
  - 9.3.4.3. Financial Overview
  - 9.3.4.4. Business Strategies and Development
- 9.3.5. Tableau Software Inc.
  - 9.3.5.1. Company Overview
  - 9.3.5.2. Product Portfolio
  - 9.3.5.3. Financial Overview
  - 9.3.5.4. Business Strategies and Development
- 9.3.6. Information Builders, Inc.
  - 9.3.6.1. Company Overview
  - 9.3.6.2. Product Portfolio
  - 9.3.6.3. Financial Overview
  - 9.3.6.4. Business Strategies and Development
- 9.3.7. Fair Isaac Corporation (FICO)
  - 9.3.7.1. Company Overview
  - 9.3.7.2. Product Portfolio
  - 9.3.7.3. Financial Overview
  - 9.3.7.4. Business Strategies and Development
- 9.3.8. Teradata Corporation
  - 9.3.8.1. Company Overview
  - 9.3.8.2. Product Portfolio
  - 9.3.8.3. Financial Overview
  - 9.3.8.4. Business Strategies and Development
- 9.3.9. Acxiom Corporation
  - 9.3.9.1. Company Overview
  - 9.3.9.2. Product Portfolio
  - 9.3.9.3. Financial Overview
  - 9.3.9.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations