By: Raul Fowler
Originally published in Market.News.Biz on April 4, 2019
HTF MI recently broadcasted a new study in its database that highlights the in-depth market analysis with future prospects of Advanced and Predictive Analytics market. The study covers significant data which makes the research document a handy resource for managers, industry executives and other key people get ready-to-access and self analyzed study along with graphs and tables to help understand market trends, drivers and market challenges. Some of the key players mentioned in this research are International Business Machines Corporation (IBM), SAS Institute, Microsoft Corporation, SAP, Tableau Software, Information Builders, Fair Isaac Corporation (FICO), Teradata Corporation, Acxiom Corporation, Oracle Corporation & TIBCO Software.
The growth of the Advanced and Predictive Analytics (APA) software market is primarily driven by the implementation of Big Data repositories, such as NewSQL, NoSQL, Hadoop databases and other platforms, to enhance the ability of computing data and business value from APA. Additionally, the shift in preference of business analysts towards becoming data scientists is also contributing in boosting the growth of the global Advanced and Predictive Analytics software market.
The market in Asia Pacific is expected to expand at a CAGR of 8.3% during the
forecast period, with countries such as India, China, Japan, South Korea,
Singapore and Philippines driving the adoption of APA solutions in the region.
The growth across these countries is primarily driven by several leading
players, which are setting up their offices in this region with a view to
expanding their operations. Also, growing Internet-based business models and
application of Internet solutions in the traditional business models of
enterprises is expected to create potential growth opportunities for players in
the Advanced and Predictive Analytics (APA) software market during the forecast
period.
In 2018, the global Advanced and Predictive Analytics (APA) Software market
size was xx million US$ and it is expected to reach xx million US$ by the end
of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Advanced and Predictive Analytics (APA) Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Advanced and Predictive Analytics (APA) Software development in United States, Europe and China.
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