Predictive Analytics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 – 2019

Transparency Market
Research

Predictive Analytics Market - Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast 2013 – 2019

Published Date
2013-11-28

100 Page Report

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Press Release
Predictive Analytics Market: Rising Awareness towards Big Data to
Drive Market at a CAGR of 17.8% during 2013-2019 :

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Predictive Analytics Market

REPORT DESCRIPTION

According to a recent market research report published by Transparency Market Research, the global
predictive analytics market is expected to grow positively at a CAGR of 17.8% during the period between
2013 and 2019. The report, titled “Predictive Analytics Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast, 2013 - 2019”, projects the global predictive analytics market to be worth
US$6,546.4 million by 2019. The overall market was valued at US$2,087.3 million in 2012. The report
points out that the rise in awareness towards big data and its analysis for future estimation will drive the
global predictive analytics market during the forecast period. Increasing business interest in advanced big
data analytics will further boost the market’s growth prospects. The presence of a large number of players
in the predictive analytics market will induce price-competitiveness. The growing need for product
differentiation has led to the introduction and adoption of new technologies, which will positively impact
the overall market.
Browse the full Predictive Analytics Market report at
http://www.transparencymarketresearch.com/predictive-analytics-market.html
However, the report mentions that the cost and complexity of software and the dearth of skilled resources
will restrict the growth of the global predictive analytics market. The market has a huge opportunity to...