Brooklyn, New York, May 16, 2022 (GLOBE NEWSWIRE) — According to a new market research report released by Global Market Estimates, the Global Predictive Analytics in Retail Market is expected to grow at a CAGR of 23.5% from 2022 to 2027.
The demand for real-time analytics methods to track and monitor consumer behavior and purchase history, especially on online platforms, is expected to drive the predictive analytics market in the retail industry .
Browse 153 Market data tables and 113 Numbers split over 185 Pages and in-depth table of contents at “Global Predictive Analytics in Retail Market – Forecast to 2027”
Key market information
- According to component outlook, software/hardware is expected to be the largest predictive analytics segment in the retail market from 2022 to 2027
- Asia-Pacific region is analyzed as the fastest growing market segment
- According to the technology outlook, machine learning is expected to be the largest predictive analytics segment in the retail market from 2022 to 2027.
- According to the application outlook, the behavior analysis segment is expected to hold the largest market share
- North America (United States, Canada, and Mexico) will have a dominant share in the global predictive analytics in the retail market from 2022 to 2027
- Dor, True Fit, Orbit Insight, Cuebiq, Rubikloud, Radius Network, Wasteless, Mappedin, Exchange Solutions, Sensing Feeling, Sightcorp, Blesh, Edited, Vend, Datapine, Carto, RetailNext, eSite Analytics, Buxton, Sensormatic IQ, SiteZeus, Tango Analytics, Reonomy among others are some of the essential predictive analytics players in the retail market
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Making up Outlook (Revenues, USD Billion, 2022-2027)
- computer hardware software
- Services
Technology Outlook (turnover, billion USD, 2022-2027)
- Data mining
- Predictive modeling
- machine learning
Application Outlook (turnover, billion USD, 2022-2027)
- Behavioral analysis
- Personalized recommendation
- Spatial analysis
- Price and inventory analysis
- Customer Engagement
- Pedestrian traffic analysis
- Others
Regional Outlook (Revenue, USD Billion, 2022–2027)
North America
Europe
- Germany
- UK
- France
- Spain
- Italy
- The rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of APAC
Central and South America
- Brazil
- Argentina
- Rest of CSA
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
Contact: Yash Jain Email address: yash.jain@globalmarketestimates.com Phone Number: +1 6026667238
