Worldwide Advanced and Predictive Analytics Software Forecast, 2018-2022

Worldwide Advanced and Predictive Analytics Software Forecast, 2018-2022

  • June 2018 •
  • 11 pages •
  • Report ID: 5445199 •
  • Format: PDF
This IDC study presents the historical view of the worldwide APA software market for 2013-2017 and the forecast of the market for 2018-2022. The study includes a breakdown of the market by three geographic regions and public cloud versus on-premises/other software deployment methods. It also includes a discussion of key market drivers and inhibitors as well as guidance for vendors."The APA software market, which in 2017 reached $3.1 billion worldwide, is expected to grow at a five-year CAGR of 9.4%. Sophisticated analytical techniques are being embedded into more and more applications," said Chandana Gopal, research manager, Analytics and Information Management. "Forward-looking analytics is going to become much more mainstream, as enterprises are able to harness more and more data from a variety of sources."
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