Predictive Analytics Market to Rise at 17.90% CAGR, BFSI Boosts Demand
The global predictive analytics market is projected to witness immense growth in the coming years according to Transparency Market Research (TMR). The market’s vendor landscape features intense consolidation at present. The top 3 leading vendors in the global predictive analysis market currently hold nearly 80% of the total market share. These players are seen focusing on different organic and inorganic growth strategies in order to maintain their market share. Collaborations, partnerships, and mergers and acquisitions are key strategies that vendors could deploy to gain market traction. Vendors in the global predictive analysis market are expected to focus fundamentally on employing the latest innovations, methods, and techniques. The new players in the market may find benefit in the form of financial funding from venture capitalists. New vendors are expected to leverage this factors and turn it into a lucrative growth opportunity in the global predictive analytics market. ...