FORT WORTH, Texas, June 3, 2015 /PRNewswire/ --
The North America predictive analytics market report defines and segments the concerned market with analysis and forecast on the basis of revenue. This market was valued at $761.3 million in 2014 and is expected to reach $2,276.4 million by 2019, at a CAGR of 24.5% from 2014 to 2019.
Browse through the TOC of the North America Predictive Analytics market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentations in the market, and is supported by various tables and figures.
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The North American predictive analytics market has been segmented on the basis of application, industry vertical, geography, and company. The market has been segmented on the basis of four countries-the U.S., Canada, Mexico and others. Others here include the rest of countries such as Panama, Nicaragua, Caribbean islands, and Bahamas. The growth of predictive analytics is primarily driven by the increased demand for structured data and prediction of consumer behavior and trends. Knowledge of algorithms and time consumption in testing are the major restraining factors of this market.
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The report also provides an extensive competitive landscape of companies that operate in this market. The main companies that operate in the market, which are extensively covered in this report are IBM, Oracle, SAP, SAS, Teradata and FICO. The report also includes the developments done by these companies regarding product launch, mergers and acquisitions, global alliances and partnerships. In order to present an in-depth understanding of the competitive landscape, this report has also mentioned the company profiles of certain key market participants. The market share analysis of these key players are arrived at, based on key facts, annual financial information, and interviews with key opinion leaders such as CEOs, directors, and marketing executives.
The report further analyzes the market on the basis of applications. These applications are customer analytics, marketing analytics, operations & workforce management, risk analytics, fraud analytics, network analytics and others. The applications contain major shares of the market, and their implications have also been covered.
The European predictive analytics market is expected to grow from $670.5 million in 2014 to $2,106.7 million by 2019 at a CAGR of 25.7% for the forecast period, 2014-2019. The market is primarily driven by the challenge of managing unstructured data, intense competition, high penetration rate in media & entertainment and healthcare verticals and its user friendly nature.
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