The Predictive Analytics Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Predictive Analytics Market?
The market for predictive analytics has significantly expanded in recent years. It is anticipated to increase from a size of $17.07 billion in 2024 to $20.77 billion in 2025, with a compound annual growth rate (CAGR) of 21.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Predictive Analytics Industry?
The Predictive Analytics Global Market is projected to reach $52.91 billion in 2029, with a compound annual growth rate (CAGR) of 26.3%.
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What are the Key Growth Drivers Fueling the Predictive Analytics Market?
The key drivers in the predictive analytics market are:
• Customization and scalability of predictive analytics tools
• Optimization of energy consumption
• Automation of regulatory compliance
• Continuous monitoring of model performance and human resources analytics
• Increased adoption across various industries and focus on advanced machine learning models
• Exponential growth of big data
• Use of explainable AI for transparency
• Enhanced fraud detection and cybersecurity measures
• Ethical and responsible AI practices.
Global Market Segmentation: Identifying Major Predictive Analytics Industry Segments
The predictive analytics market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Deployment Mode: Cloud, On-Premises
3) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
4) By Vertical: BFSI, Manufacturing, Retail And Ecommerce, Government And Defense, Healthcare And Life Sciences, Energy And Utilities, Telecommunications And IT, Transportation And Logistics, Media And Entertainment, Travel And Hospitality
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What are the Emerging Trends Shaping the Future of the Predictive Analytics Market?
The key trends in the food inclusions market are:
• There is a rising trend of wider adoption of predictive analytics across various industries.
• Focus on advanced machine learning models is a key emerging trend.
• The exponential growth of big data is shaping the future of predictive analytics market.
• Trends such as explainable AI, enhanced fraud detection and cybersecurity, and ethical AI practices are significantly influencing the market.
Who Are the Top Competitors & Leading Players in the Predictive Analytics Market?
Major companies in the predictive analytics market are:
• IBM Corporation
• Microsoft Corporation
• Oracle Corporation
• SAP SE
• SAS Institute Inc.
• Alteryx Inc.
• RapidMiner Inc.
• DataRobot Inc.
• Domo Inc.
• TIBCO Software Inc.
• KNIME Inc.
• Sisense Inc.
• FICO
• GoodData
• Angoss Software Co.
• QlikTech Inc.
• Rapid Insight Inc.
• TARGIT Inc.
• Opera Solutions India Private Limited
• SymphonyAI Group
• Exago Ventures S. A.
• Rapid7 Inc.
• Stratifyd Inc.
• Thoughtspot India Private Limited
• Ayasdi
Regional Dominance: Which Area Leads the Global Predictive Analytics Market?
North America was the largest region in the predictive analytics market in 2024
