Global Predictive Analytics Market Outlook, Demand Forecast and Key Trends 2022-2032
The Predictive Analytics Market revenues were estimated at US$ 10.5 Bn in 2021 and is anticipated to grow at a CAGR of 15.8% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 55.5 Bn. Cloud deployment is employed by 94% of enterprises, according to the Right Scale 2019 State of the Cloud survey. As of now, the cloud holds more than half of all corporate data, and this trend is projected to continue as cloud-based predictive analytics grows. Predictive analytics is preferred for cloud deployment as it offers intuitiveness, and ease of maintenance. The cloud-based segment, according to the manufacturers, is a profitable deployment choice owing to the simplicity with which AI and cognitive capabilities can be incorporated. It is possible to achieve more scalability, agility and enhanced resource management, less investment, and a reliable revenue curve. Google Drive, One Driv...