Predictive Analytics Market to Reach USD 6,546.4 Million by 2019, Globally: Transparency Market Research

Predictive Analytics Market to Reach USDPredictive Analytics Market to Reach USD 6,546.4 Million by 2019, Globally: Transparency Market Research PR Newswire ALBANY, New York, November 28, 2013 According to a new market report "Predictive Analytics Market (Customer intelligence, Decision support systems, Data mining and management, Performance management, Fraud and security intelligence, Risk management, Financial intelligence, Operations and Campaign management) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019," published by Transparency Market Research, the market for predictive analytics software is forecast to reach USD 6,546.4 million globally by 2019. The market growth is driven by increased demand for 'customer intelligence' and 'fraud and security intelligence' software. Cloud hosted predictive analytics software solution is seen as an emerging market and is expected to drive growth in the near future. Browse the full report with complete TOC at http://www.transparencymarketresearch.com/predictive-analytics- market.html Globally, the predictive analytics market was valued at USD 2,087.3 million in 2012 and is forecast to grow at 17.8% CAGR from 2013 - 2019. End-use sectors such as banking and finance services, insurance, government, pharmaceuticals, telecom and IT, and retail, are seen as key demand drivers during the forecast period. Collectively these segments accounted for 71.8% of the marker share in 2012.