Europe Predictive Analytics Market is Expected to Reach a Value of $2,106.8 Million by 2019

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Forecasts Europe Predictive Analytics Market is Expected to Reach $2,106.8 Million by 2019

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The report “Europe Predictive Analytics Market by Application (Customer Analytics, Marketing Analytics, Operation & Workforce Management, Risk Analytics, Fraud Analytics, Network Analytics), by Vertical (BFSI, Consumer Goods & Retail, Environment & Government) - Analysis & Forecast to 2019� defines and segments the predictive analytics market with an analysis and forecast on the basis of revenue. This market was estimated to be $670.5 million in 2014 and is expected to reach $2,106.8 million by 2019, at a CAGR of 25.7% from 2014 to 2019.

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Predictive analytics uses clustering, text mining, regression modelling, statistical analysis, data exploration techniques and rule induction to find out relation between historical and present data.

These techniques are implemented to find out the relation that is hidden and complex. After finding out the relation, predictions are made regarding the market trends and possible ups and downs.

Predictive analytics is used in Banking, Financial Services & Insurance (BFSI), consumer goods & retail, healthcare, environment & government, transportation & logistics, media & entertainment, telecommunication & IT and other verticals. http://www.pitchengine.com/pitches/438a1c78-70d6-421f-adce-abc6ea4f121a

Browse through the market data tables, figures and detailed ToC on the “Europe Predictive Analytics Market�.

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The BFSI vertical has the maximum application of predictive analytics followed by consumer goods & retail and environment & government. The increasing importance of predictive analytics has forced many of the leading companies in predictive analytics to take actionable steps to further increase their market share.

For example, SAP acquired KXEN, one of the leading providers of predictive analytics to increase its market share. Similarly, Teradata acquired Think Big Analytics to increase its market share. Thus, it is evident that companies have started to realize the importance of predictive analytics. http://www.pitchengine.com/pitches/438a1c78-70d6-421f-adce-abc6ea4f121a

Key players in the Europe Predictive Analytics Market include – •IBM Corporation •Oracle Corp •SAS institute, Inc. •SAP SE •Teradata Corporation •Microstrategy Inc

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North America Predictive Analytics Market • The North America predictive analytics market was valued at $761.3 million and is expected to reach $2,276.4 million by 2019 at a CAGR of 24.5%. The major driver for this growth is the amount of unstructured data present in the ecosystem. The high volume of unstructured data needs proper analysis for use and for that predictive analytics is used. Furthermore, the user friendly nature of the technique and the technological advancements in the market also fuel the growth of this technique.

• http://www.micromarketmonitor.com/market/north-america-predic

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U.S. Predictive Analytics Market • The United States predictive analytics market is expected to grow from $543.1 million in 2014 to $1,549.5 million in 2019 at an estimated CAGR of 23.3% during the forecast period. The use of new technologies is one of the driving factor drivers of this market.

• United States has the largest market share in the predictive analytics market and is expected to boom in the near future. In today’s dynamic world, we are seeing developments such as increasing usage of computing technology, mobile devices, social media, broadband network, and analytics technology.

• http://www.micromarketmonitor.com/market/u-s-predictive-analyti

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United Kingdom Predictive Analytics Market • The United Kingdom predictive analytics market is expected to grow from $171.1 million in 2014 to $487.5 million by 2019, at a CAGR of 23.3% during the forecast period. The drivers of this market include huge data deluge and product usability for experts and non-experts. The U.K. market is growing steadily due to the analysis of high volume data, the velocity of data growth, and the variety of data used for effective business decisions.

Real-time data is important for verticals such as BFSI and healthcare, among others, for the efficient processing of unstructured data.

• http://www.micromarketmonitor.com/market/united-kingdom-pred http://www.pitchengine.com/pitches/438a1c78-70d6-421f-adce-abc6ea4f121a

Latin America - Brazil Predictive Analytics Market • The Brazilian predictive analytics market is expected to grow from $22.0 million in 2014 to $134.6 million in 2019 at a CAGR of 42.4% during the forecast period. Utility in multiple verticals is one of the main drivers of this market.

• Brazil is a potential market for the implementation of predictive analytics solutions due to its usage in various growing verticals such as BFSI, healthcare, manufacturing, and others.

• http://www.micromarketmonitor.com/market/latin-americabrazil-predictive-analytics-4796563524.html http://www.pitchengine.com/pitches/438a1c78-70d6-421f-adce-abc6ea4f121a

Middle East and Africa Enterprise Governance, Risk, and Compliance Market • Corporate Governance and risk management are the two main factors which drive the Middle East and African EGRC market.

The EGRC solutions and services are used in the companies to manage the various resources in an effective manner.

• Organizational control can be done better way with the usage of such tools.

• The Middle East and African EGRC Market is expected to grow $594.9 million from 2013 to $1,057.1 million by 2018, at a CAGR of 13.20%, for the given period. http://www.pitchengine.com/pitches/438a1c78-70d6-421f-adce-abc6ea4f121a

About MicroMarket Monitor MicroMarketMonitor provides deep dive insight into 5000 granular markets along with the updates. The MMM Reports are uniquely differentiated by its ecosystem analysis (value chain) analysis for each granular market. It provides pictorial methodology along with the market sizing at each market capturing all dependent markets (demand side), macro indicators (demand side), and supply side company data. The Report Plots all the dependent cascaded market with their growth/slow down indicators, which influences revenues of the targeted market. The report provides you competitive landscape, competitive profile along with the competitive SWOT analysis. The report also provides Customer landscape identifying the top customers for the target market. It plots market landscape of the technologies, ingredients, vendors servicing the target market including the cannibalization of the prevailing technologies/products. http://www.pitchengine.com/pitches/438a 1c78-70d6-421f-adce-abc6ea4f121a

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