Middle East & Africa Predictive Analytics Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Component, Deployment Mode, Organization Size, and Industry Vertical

Description

List of Tables

The predictive analytics market in Middle East & Africa is expected to grow from US$ 521.31 million in 2022 to US$ 1,281.91 million by 2028. It is estimated to grow at a CAGR of 16.2% from 2022 to 2028.

Expansion of Dark Data

Dark data is the data that a company does not use in any of its analytics systems. The data is gathered from several network operations that are not used to determine insights or to predict. Organizations might consider dark data inaccurate as it does not provide the exact result. But they know that this will be a valuable thing. As the data is expanding daily, the industry must understand that any undiscovered data can pose a security risk. Dark data analytics is a software or solution that enables organizations to better locate, identify, and leverage previously unknown data to make important business decisions. According to the State of Dark Data report, respondents see analytics as a key solution that can better address the growing challenges of dark data and enable a wider range of non-technical employees to understand the organization's needs. These advantages of dark data analytics solutions are expected to propel the predictive analytics market in the coming years.

Market Overview

The predictive analytics market in the MEA is sub segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The Saudi Arabian Data and Artificial Intelligence Agency (SDAIA) has launched a national AI policy to lead the country's transformation into a data-driven economy. In addition, the Vision 2030 of the Saudi Arabian government is aimed at creating sustainable cities and ensuring optimal use of resources in important segments of the economy. This further highlights the importance of AI and automation in boosting the skills of the workforce. Further, the country plans to launch education reforms to prepare its future workforce with hands-on experience in AI and digital technologies. As a result, the development of AI will enhance its use in data analysis and predictive analytics.

Middle East & Africa Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Predictive Analytics Market Segmentation

The Middle East & Africa predictive analytics market is segmented into component, deployment mode, organization size, industry vertical, and country.

Based on component, the market is segmented into solution and service. By solution, the market is sub segmented into risk analytics, marketing analytics, sales analytics, customer analytics, and others. The solution segment registered the largest market share in 2022.

Based on deployment mode, the market is segmented into on-premise and cloud-based. The on -premise segment held a larger market share in 2022.

Based on organization size, the market is segmented into small and medium enterprises (SMEs) and large enterprises. The large enterprises segment held the larger market share in 2022.

Based on industry vertical, the market is segmented into IT & Telecom, BFSI, energy & utilities, government and defence, retail and e-commerce, manufacturing, and others. The BFSI segment held the largest market share in 2022.

Based on country, the market is segmented into Saudi Arabia , UAE , South Africa and Rest of Middle East & Africa. Saudi Arabia dominated the market share in 2022.

IBM Corporation; Microsoft Corporation ; Oracle Corporation; SAP SE; Google LLC; SAS Institute Inc.; Salesforce.com, inc.; Amazon Web Services; Hewlett Packard Enterprise Development LP (HPE) ; and NTT DATA Corporation are the leading companies operating in the predictive analytics market in the region.

Reasons to Buy:

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The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa Predictive Analytics Market, thereby allowing players across the value chain to develop effective long-term strategies.
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Product Code: BMIRE00027138

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 Middle East & Africa Predictive Analytics Market - By Component
- 1.3.2 Middle East & Africa Predictive Analytics Market - By Deployment Mode
- 1.3.3 Middle East & Africa Predictive Analytics Market - By Organization Size
- 1.3.4 Middle East & Africa Predictive Analytics Market - By Industry Vertical
- 1.3.5 Middle East & Africa Predictive Analytics Market - By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Middle East & Africa Predictive Analytics - Market Landscape

4.1 Market Overview
4.2 Middle East & Africa PEST Analysis
- 4.2.1 MEA
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Middle East & Africa Predictive Analytics Market- Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Rise in Adoption of Big Data Technologies
- 5.1.2 Increase in Uptake of Predictive Analytics Tools
5.2 Market Restraints
- 5.2.1 Changing Data Regulations in the Region
5.3 Market Opportunities
- 5.3.1 Emergence of AIoT Technologies
5.4 Future Trends
- 5.4.1 Expansion of Dark Data
5.5 Impact Analysis of Drivers and Restraints

6. Predictive Analytics Market - Middle East & Africa Analysis

6.1 Overview
6.2 Middle East & Africa Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)

7. Middle East & Africa Predictive Analytics Market Revenue and Forecast to 2028 - Component

7.1 Overview
7.2 Middle East & Africa Predictive Analytics Market, By Component (2021 And 2028)
7.3 Solutions
- 7.3.1 Overview
- 7.3.2 Solutions: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
  - 7.3.2.1 Risk Analytics
    - 7.3.2.1.1 Overview
    - 7.3.2.1.2 Risk Analytics: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
  - 7.3.2.2 Marketing Analytics
    - 7.3.2.2.1 Overview
    - 7.3.2.2.2 Marketing Analytics: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
  - 7.3.2.3 Sales Analytics
    - 7.3.2.3.1 Overview
    - 7.3.2.3.2 Sales Analytics: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
  - 7.3.2.4 Customer Analytics
    - 7.3.2.4.1 Overview
    - 7.3.2.4.2 Customer Analytics: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
  - 7.3.2.5 Others
    - 7.3.2.5.1 Overview
    - 7.3.2.5.2 Others: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
7.4 Services
- 7.4.1 Overview
- 7.4.2 Services: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)

8. Middle East & Africa Predictive Analytics Market Revenue and Forecast to 2028 - Deployment Mode

8.1 Overview
8.2 Middle East & Africa Predictive Analytics Market, By Deployment Mode (2021 And 2028)
8.3 Cloud based
- 8.3.1 Overview
- 8.3.2 Cloud based: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
8.4 On Premise
- 8.4.1 Overview
- 8.4.2 On Premise: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)

9. Middle East & Africa Predictive Analytics Market Revenue and Forecast to 2028 - Organization Size

9.1 Overview
9.2 Middle East & Africa Predictive Analytics Market, By Organization Size (2021 And 2028)
9.3 Large Enterprises
- 9.3.1 Overview
- 9.3.2 Large Enterprises: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
9.4 Small and Medium-Sized Enterprises
- 9.4.1 Overview
- 9.4.2 Small and Medium-Sized Enterprises: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)

10. Middle East & Africa Predictive Analytics Market Revenue and Forecast to 2028 - Industry Vertical

10.1 Overview
10.2 Middle East & Africa Predictive Analytics Market, By Industry Vertical (2021 And 2028)
10.3 BFSI
- 10.3.1 Overview
- 10.3.2 BFSI: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
10.4 Manufacturing
- 10.4.1 Overview
- 10.4.2 Manufacturing: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
10.5 Retail and eCommerce
- 10.5.1 Overview
- 10.5.2 Retail and eCommerce: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
10.6 IT and Telecom
- 10.6.1 Overview
- 10.6.2 IT and Telecom: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
10.7 Energy and Utilities
- 10.7.1 Overview
- 10.7.2 Energy and Utilities: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
10.8 Government and Defense
- 10.8.1 Overview
- 10.8.2 Government and Defense: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
10.9 Others
- 10.9.1 Overview
- 10.9.2 Others: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)

11. Middle East & Africa Predictive Analytics Market - Country Analysis

11.1 MEA: Predictive Analytics Market
- 11.1.1 Overview
- 11.1.2 MEA: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
- 11.1.3 MEA: Predictive Analytics Market Revenue and Forecast, by Country
  - 11.1.3.1 South Africa: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.3.1.1 South Africa Predictive Analytics Market Breakdown, By Component
    - 11.1.3.1.2 South Africa Predictive Analytics Market Breakdown, By Deployment Mode
    - 11.1.3.1.3 South Africa Predictive Analytics Market Breakdown, By Organization Size
    - 11.1.3.1.4 South Africa Predictive Analytics Market Breakdown, By Industry Verticals
  - 11.1.3.2 Saudi Arabia: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.3.2.1 Saudi Arabia Predictive Analytics Market Breakdown, By Component
    - 11.1.3.2.2 Saudi Arabia Predictive Analytics Market Breakdown, By Deployment Mode
    - 11.1.3.2.3 Saudi Arabia Predictive Analytics Market Breakdown, By Organization Size
    - 11.1.3.2.4 Saudi Arabia Predictive Analytics Market Breakdown, By Industry Verticals
  - 11.1.3.3 UAE: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.1.3.3.1 UAE Predictive Analytics Market Breakdown, By Component
    - 11.1.3.3.2 UAE Predictive Analytics Market Breakdown, By Deployment Mode
    - 11.1.3.3.3 UAE Predictive Analytics Market Breakdown, By Organization Size
    - 11.1.3.3.4 UAE Predictive Analytics Market Breakdown, By Industry Verticals
  - 11.1.3.4 Rest of MEA: Predictive Analytics Market, Revenue and Forecast to 2028 (US$ Million)
    - 11.1.3.4.1 Rest of MEA Predictive Analytics Market Breakdown, By Component
    - 11.1.3.4.2 Rest of MEA Predictive Analytics Market Breakdown, By Deployment Mode
    - 11.1.3.4.3 Rest of MEA Predictive Analytics Market Breakdown, By Organization Size
    - 11.1.3.4.4 Rest of MEA Predictive Analytics Market Breakdown, By Industry Verticals

12. Industry Landscape

12.1 Market Initiative
12.2 Merger and Acquisition
12.3 New Development

13. Company Profiles

13.1 IBM Corporation
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Microsoft Corporation
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Oracle Corporation
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 SAP SE
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Google LLC
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 SAS Institute Inc.
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Salesforce.com, inc.
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Amazon Web Services
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Hewlett Packard Enterprise Development LP (HPE)
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 NTT DATA Corporation
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners
14.2 Glossary of Terms