Predictive Analytics Market

  The increasing popularity of advanced technologies, such as cloud-based technologies, big data, and IoT, is propelling the growth of the predictive analytics market. Market Size – USD 5.81 Billion in 2018, Market Growth - CAGR of 21.7%, Market Trends – Booming retail and e-commerce industry. The Global  Predictive Analytics Market  is forecast to reach USD 28.19 Billion by 2026, according to a new report by Reports and Data. Predictive analysis can be an essential business tool for planning, technology management, and decision making, by extracting information from existing data sets. Predictive models are used to analyze existing data and find hidden trends to understand customers and future opportunities & risks better. These business intelligence models gain insights by integrating data mining, artificial intelligence, statistical modeling, machine learning, and other data technologies. Business functions such as finance, marketing, retail, insurance, tourism, healthcare &a