Research Reports
What is the Real Potential of Predictive Analytics Market?
Published by Coherent Market Insights
Posted on October 5, 2021
3 min readLast updated: January 31, 2026
Global Banking & Finance Review®
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Published by Coherent Market Insights
Posted on October 5, 2021
3 min readLast updated: January 31, 2026
Predictive analytics uses data to forecast trends, with major players like Oracle and Microsoft driving market growth across industries.
United States/WA: Predictive Analytics Market Will Boom In Near Future
Report Pages:[130 Pages]
Market Competitive Landscape:-
Major layers operating in the Global Predictive Analytics Market are: Oracle Corporation, SAP SE, Microsoft Corporation, SAS Institute, Inc., Fair Isaac Corporation (FICO), NTT Data Corporation, Tableau Software, Inc., Tibco Software, Inc., and Rapidminer, Inc.
Predictive analytics encompasses a variety of statistical techniques from data mining, predictive modeling, and machine learning that analyze current and historical facts to make predictions about future or otherwise unknown events. Predictive analytics is an area of statistics that deals with extracting information from data and using it to predict trends and behavior patterns. The enhancement of predictive web analytics calculates statistical probabilities of future events online. Predictive analytics statistical techniques include data modeling, machine learning, AI, deep learning algorithms, and data mining. Often the unknown event of interest is in the future, but predictive analytics can be applied to any type of unknown whether it be in the past, present or future. For example, identifying suspects after a crime has been committed, or credit card fraud as it occurs.
The core of predictive analytics relies on capturing relationships between explanatory variables and the predicted variables from past occurrences and exploiting them to predict the unknown outcome. It is important to note, however, that the accuracy and usability of results will depend greatly on the level of data analysis and the quality of assumptions. Predictive analytics are used to determine customer responses or purchases, as well as promote cross-sell opportunities. Predictive models help businesses attract, retain and grow their most profitable customers. Combining multiple analytics methods can improve pattern detection and prevent criminal behavior. As cybersecurity becomes a growing concern, high-performance behavioral analytics examines all actions on a network in real-time to spot abnormalities that may indicate fraud, zero-day vulnerabilities, and advanced persistent threats.
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Predictive Analytics Market: Taxonomy
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The post What is the Real Potential of Predictive Analytics Market? appeared first on Gatorledger.
The article discusses the potential and growth of the Predictive Analytics Market.
They are used to forecast trends, enhance customer retention, and prevent fraud.
Major players include Oracle Corporation, SAP SE, and Microsoft Corporation.
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