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Asia Pacific Predictive Analytics Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Component [Solution (Risk Analytics, Marketing Analytics, Sales Analytics, Customer Analytics, and Others) and Service], Deployment Mode (On-Premise and Cloud-Based), Organization Size [Small and Medium Enterprises (SMEs) and Large Enterprises], and Industry Vertical (IT & Telecom, BFSI, Energy & Utilities, Government and Defence, Retail and e-Commerce, Manufacturing, and Others)
Market Report I 2022-10-13 I 167 Pages I The Insight Partners
The predictive analytics market in Asia Pacific is expected to grow from US$ 2,893.78 million in 2022 to US$ 9,597.20 million by 2028. It is estimated to grow at a CAGR of 22.1% from 2022 to 2028.
Emergence of AIoT Technologies
The artificial intelligence of things (AIoT) is the combination of artificial intelligence (AI) technologies and the internet of things (IoT) infrastructure. AIoT aims to create more efficient IoT operations, improve human-machine interaction, and improve data management and analysis. AI is the simulation of human intelligence processes by machines, especially computer systems, and is commonly used in natural language processing, speech recognition, and machine vision. IoT is a system of interdependent computing devices, mechanical and digital machines, or objects with unique identifiers and the ability to transmit data over a network without requiring human-to-human or human-to-computer interaction. AIoT is transformative and mutually beneficial for both types of technologies, as AI adds value to IoT through machine learning capabilities and enhances decision-making, while IoT adds value to AI through connectivity, signaling, and data exchange. AIoT can improve businesses and services by creating more value from IoT-generated data. AI enables the IoT device to use collected big data to analyze, learn, and make better decisions without the need for humans. With the integration of AI, IoT creates a much smarter system. The aim of having these systems is to make accurate judgments without the need for human intervention. One of the biggest possible innovations in AIoT is the inclusion of 5G. 5G is designed to enable faster transmission of large data files in IoT devices through higher bandwidth and lower latency. AIoT can help solve existing operational problems, such as the costs associated with effective human capital management or the complexity of supply chains and delivery models, providing a lucrative opportunity for the growth of the predictive analytics market.
Market Overview
The predictive analytics market in APAC is sub segmented into China, India, Japan, Australia, South Korea, and the Rest of APAC. The market in APAC is driven by the wide adoption of Big Data analytics tools in the region, which help manage and analyze huge volumes of data to develop some understanding and make necessary predictions or analyses. Furthermore, a surge in technological advancements, and the launch of new analytical tools and techniques by major vendors are expected to create lucrative opportunities for the predictive analytics market in APAC during the forecast period. However, the lack of skilled professionals to study the data and derive predictions from it may hinder the growth of the market in the coming years. In addition, the limited awareness and adoption in several countries in the region is also hindering the predictive analytics market growth in APAC.
Asia Pacific Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Predictive Analytics Market Segmentation
The Asia Pacific predictive analytics market is segmented into component, deployment mode, organization size, industry vertical, and country.
Based on component, the market is segmented into solution and service. By solution, the market is sub segmented into risk analytics, marketing analytics, sales analytics, customer analytics, and others. The solution segment registered the largest market share in 2022.
Based on deployment mode, the market is segmented into on-premise and cloud-based. The on -premise segment held a larger market share in 2022.
Based on organization size, the market is segmented into small and medium enterprises (SMEs) and large enterprises. The large enterprises segment held the larger market share in 2022.
Based on industry vertical, the market is segmented into IT & Telecom, BFSI, energy & utilities, government and defence, retail and e-commerce, manufacturing, and others. The BFSI segment held the largest market share in 2022.
Based on country, the market is segmented into China , Japan ,India , Australia ,South Korea , Rest of Asia Pacific. China dominated the market share in 2022.
IBM Corporation; Microsoft Corporation ; Oracle Corporation; SAP SE; Google LLC; SAS Institute Inc.; Salesforce.com, inc.; Amazon Web Services; Hewlett Packard Enterprise Development LP (HPE) ; and NTT DATA Corporation are the leading companies operating in the predictive analytics market in the region.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Predictive Analytics Market - By Component
1.3.2 Asia Pacific Predictive Analytics Market - By Deployment Mode
1.3.3 Asia Pacific Predictive Analytics Market - By Organization Size
1.3.4 Asia Pacific Predictive Analytics Market - By Industry Vertical
1.3.5 Asia Pacific Predictive Analytics Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Predictive Analytics - Market Landscape
4.1 Market Overview
4.2 Asia Pacific PEST Analysis
4.2.1 APAC
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Asia Pacific Predictive Analytics Market- Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Adoption of Big Data Technologies
5.1.2 Increase in Uptake of Predictive Analytics Tools
5.2 Market Restraints
5.2.1 Changing Data Regulations in the Region
5.3 Market Opportunities
5.3.1 Emergence of AIoT Technologies
5.4 Future Trends
5.4.1 Expansion of Dark Data
5.5 Impact Analysis of Drivers and Restraints
6. Predictive Analytics Market - Asia Pacific Analysis
6.1 Overview
6.2 Asia Pacific Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
7. Asia Pacific Predictive Analytics Market Revenue and Forecast to 2028 - Component
7.1 Overview
7.2 Asia Pacific Predictive Analytics Market, By Component (2021 And 2028)
7.3 Solutions
7.3.1 Overview
7.3.2 Solutions: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
7.3.2.1 Risk Analytics
7.3.2.1.1 Overview
7.3.2.1.2 Risk Analytics: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
7.3.2.2 Marketing Analytics
7.3.2.2.1 Overview
7.3.2.2.2 Marketing Analytics: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
7.3.2.3 Sales Analytics
7.3.2.3.1 Overview
7.3.2.3.2 Sales Analytics: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
7.3.2.4 Customer Analytics
7.3.2.4.1 Overview
7.3.2.4.2 Customer Analytics: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
7.3.2.5 Others
7.3.2.5.1 Overview
7.3.2.5.2 Others: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
8. Asia Pacific Predictive Analytics Market Revenue and Forecast to 2028 - Deployment Mode
8.1 Overview
8.2 Asia Pacific Predictive Analytics Market, By Deployment Mode (2021 And 2028)
8.3 Cloud based
8.3.1 Overview
8.3.2 Cloud based: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
8.4 On Premise
8.4.1 Overview
8.4.2 On Premise: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
9. Asia Pacific Predictive Analytics Market Revenue and Forecast to 2028 - Organization Size
9.1 Overview
9.2 Asia Pacific Predictive Analytics Market, By Organization Size (2021 And 2028)
9.3 Large Enterprises
9.3.1 Overview
9.3.2 Large Enterprises: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
9.4 Small and Medium-Sized Enterprises
9.4.1 Overview
9.4.2 Small and Medium-Sized Enterprises: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
10. Asia Pacific Predictive Analytics Market Revenue and Forecast to 2028 - Industry Vertical
10.1 Overview
10.2 Asia Pacific Predictive Analytics Market, By Industry Vertical (2021 And 2028)
10.3 BFSI
10.3.1 Overview
10.3.2 BFSI: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
10.4 Manufacturing
10.4.1 Overview
10.4.2 Manufacturing: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
10.5 Retail and eCommerce
10.5.1 Overview
10.5.2 Retail and eCommerce: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
10.6 IT and Telecom
10.6.1 Overview
10.6.2 IT and Telecom: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
10.7 Energy and Utilities
10.7.1 Overview
10.7.2 Energy and Utilities: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
10.8 Government and Defense
10.8.1 Overview
10.8.2 Government and Defense: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
10.9 Others
10.9.1 Overview
10.9.2 Others: Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
11. Asia Pacific Predictive Analytics Market - Country Analysis
11.1 APAC: Predictive Analytics Market
11.1.1 Overview
11.1.2 APAC: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
11.1.3 APAC: Predictive Analytics Market, by Key Country
11.1.3.1 Australia: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
11.1.3.1.1 Australia Predictive Analytics Market Breakdown, By Component
11.1.3.1.2 Australia Predictive Analytics Market Breakdown, By Deployment Mode
11.1.3.1.3 Australia Predictive Analytics Market Breakdown, By Organization Size
11.1.3.1.4 Australia Predictive Analytics Market Breakdown, By Industry Verticals
11.1.3.2 China: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
11.1.3.2.1 China Predictive Analytics Market Breakdown, By Component
11.1.3.2.2 China Predictive Analytics Market Breakdown, By Deployment Mode
11.1.3.2.3 China Predictive Analytics Market Breakdown, By Organization Size
11.1.3.2.4 China Predictive Analytics Market Breakdown, By Industry Verticals
11.1.3.3 India: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
11.1.3.3.1 India Predictive Analytics Market Breakdown, By Component
11.1.3.3.2 India Predictive Analytics Market Breakdown, By Deployment Mode
11.1.3.3.3 India Predictive Analytics Market Breakdown, By Organization Size
11.1.3.3.4 India Predictive Analytics Market Breakdown, By Industry Verticals
11.1.3.4 Japan: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
11.1.3.4.1 Japan Predictive Analytics Market Breakdown, By Component
11.1.3.4.2 Japan Predictive Analytics Market Breakdown, By Deployment Mode
11.1.3.4.3 Japan Predictive Analytics Market Breakdown, By Organization Size
11.1.3.4.4 Japan Predictive Analytics Market Breakdown, By Industry Verticals
11.1.3.5 South Korea: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
11.1.3.5.1 South Korea Predictive Analytics Market Breakdown, By Component
11.1.3.5.2 South Korea Predictive Analytics Market Breakdown, By Deployment Mode
11.1.3.5.3 South Korea Predictive Analytics Market Breakdown, By Organization Size
11.1.3.5.4 South Korea Predictive Analytics Market Breakdown, By Industry Verticals
11.1.3.6 Rest of APAC: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
11.1.3.6.1 Rest of APAC Predictive Analytics Market Breakdown, By Component
11.1.3.6.2 Rest of APAC Predictive Analytics Market Breakdown, By Deployment Mode
11.1.3.6.3 Rest of APAC Predictive Analytics Market Breakdown, By Organization Size
11.1.3.6.4 Rest of APAC Predictive Analytics Market Breakdown, By Industry Vertical
12. Industry Landscape
12.1 Market Initiative
12.2 Merger and Acquisition
12.3 New Development
13. Company Profiles
13.1 IBM Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Microsoft Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Oracle Corporation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 SAP SE
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Google LLC
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 SAS Institute Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Salesforce.com, inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Amazon Web Services
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Hewlett Packard Enterprise Development LP (HPE)
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 NTT DATA Corporation
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Asia Pacific Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Table 2. APAC: Predictive Analytics Market, Revenue and Forecast to 2028 - By Component (US$ Million)
Table 3. APAC Predictive Analytics Market Revenue and Forecast to 2028 - By Solution (US$ Million)
Table 4. APAC: Predictive Analytics Market, Revenue and Forecast to 2028 - By Deployment Mode (US$ Million)
Table 5. APAC: Predictive Analytics Market, Revenue and Forecast to 2028 - By Organization Size (US$ Million)
Table 6. APAC: Predictive Analytics Market, Revenue and Forecast to 2028 - By Industry Verticals (US$ Million)
Table 7. Asia Pacific: Predictive Analytics Market, Revenue and Forecast to 2028 - By Country (US$ Million)
Table 8. Australia Predictive Analytics Market Revenue and Forecast to 2028 - By Component (US$ Million)
Table 9. Australia Predictive Analytics Market Revenue and Forecast to 2028 - By Solution (US$ Million)
Table 10. Australia Predictive Analytics Market Revenue and Forecast to 2028 - By Deployment Mode (US$ Million)
Table 11. Australia Predictive Analytics Market Revenue and Forecast to 2028 - By Organization Size (US$ Million)
Table 12. Australia Predictive Analytics Market Revenue and Forecast to 2028 - By Industry Verticals (US$ Million)
Table 13. China Predictive Analytics Market Revenue and Forecast to 2028 - By Component (US$ Million)
Table 14. Australia Predictive Analytics Market Revenue and Forecast to 2028 - By Solution (US$ Million)
Table 15. China Predictive Analytics Market Revenue and Forecast to 2028 - By Deployment Mode (US$ Million)
Table 16. China Predictive Analytics Market Revenue and Forecast to 2028 - By Organization Size (US$ Million)
Table 17. China Predictive Analytics Market Revenue and Forecast to 2028 - By Industry Verticals (US$ Million)
Table 18. India Predictive Analytics Market Revenue and Forecast to 2028 - By Component (US$ Million)
Table 19. India Predictive Analytics Market Revenue and Forecast to 2028 - By Solution (US$ Million)
Table 20. India Predictive Analytics Market Revenue and Forecast to 2028 - By Deployment Mode (US$ Million)
Table 21. India Predictive Analytics Market Revenue and Forecast to 2028 - By Organization Size (US$ Million)
Table 22. India Predictive Analytics Market Revenue and Forecast to 2028 - By Industry Verticals (US$ Million)
Table 23. Japan Predictive Analytics Market Revenue and Forecast to 2028 - By Component (US$ Million)
Table 24. Japan Predictive Analytics Market Revenue and Forecast to 2028 - By Solution (US$ Million)
Table 25. Japan Predictive Analytics Market Revenue and Forecast to 2028 - By Deployment Mode (US$ Million)
Table 26. Japan Predictive Analytics Market Revenue and Forecast to 2028 - By Organization Size (US$ Million)
Table 27. Japan Predictive Analytics Market Revenue and Forecast to 2028 - By Industry Verticals (US$ Million)
Table 28. South Korea Predictive Analytics Market Revenue and Forecast to 2028 - By Component (US$ Million)
Table 29. South Korea Predictive Analytics Market Revenue and Forecast to 2028 - By Solution (US$ Million)
Table 30. South Korea Predictive Analytics Market Revenue and Forecast to 2028 - By Deployment Mode (US$ Million)
Table 31. South Korea Predictive Analytics Market Revenue and Forecast to 2028 - By Organization Size (US$ Million)
Table 32. South Korea Predictive Analytics Market Revenue and Forecast to 2028 - By Industry Verticals (US$ Million)
Table 33. Rest of APAC Predictive Analytics Market Revenue and Forecast to 2028 - By Component (US$ Million)
Table 34. Rest of APAC Predictive Analytics Market Revenue and Forecast to 2028 - By Solution (US$ Million)
Table 35. Rest of APAC Predictive Analytics Market Revenue and Forecast to 2028 - By Deployment Mode (US$ Million)
Table 36. Rest of APAC Predictive Analytics Market Revenue and Forecast to 2028 - By Organization Size (US$ Million)
Table 37. Rest of APAC Predictive Analytics Market Revenue and Forecast to 2028 - By Industry Vertical (US$ Million)
Table 38. Glossary of Terms, Predictive Analytics Market
LIST OF FIGURES
Figure 1. Asia Pacific Predictive Analytics Market Segmentation
Figure 2. Asia Pacific Predictive Analytics Market Segmentation - By Country
Figure 3. Asia Pacific Predictive Analytics Market Overview
Figure 4. Asia Pacific Predictive Analytics Market, By Component
Figure 5. Asia Pacific Predictive Analytics Market, By Country
Figure 6. APAC: PEST Analysis
Figure 7. Predictive Analytics Market- Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. Asia Pacific Predictive Analytics Market Impact Analysis of Drivers and Restraints
Figure 10. Asia Pacific Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
Figure 11. APAC: Predictive Analytics Market, by Component, 2021 & 2028 (%)
Figure 12. Asia Pacific Solution: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Asia Pacific Risk Analytics: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Asia Pacific Marketing Analytics: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Asia Pacific Sales Analytics: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Asia Pacific Customer Analytics: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Asia Pacific Others: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Asia Pacific Services: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. APAC: Predictive Analytics Market, by Deployment Mode, 2021 & 2028 (%)
Figure 20. Asia Pacific Cloud based: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Asia Pacific On Premise: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. APAC: Predictive Analytics Market, by Organization Size, 2021 & 2028 (%)
Figure 23. Asia Pacific Large Enterprises: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Asia Pacific Small and Medium-Sized Enterprises: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. APAC: Predictive Analytics Market, by Industry Verticals, 2021 & 2028 (%)
Figure 26. Asia Pacific BFSI: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Asia Pacific Manufacturing: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Asia Pacific Retail and eCommerce: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Asia Pacific IT and Telecom: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Asia Pacific Energy and Utilities: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Asia Pacific Government and Defense: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. Asia Pacific Others: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. APAC: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
Figure 34. Asia Pacific: Predictive Analytics Market, by Country, 2021 & 2028 (%)
Figure 35. Australia: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
Figure 36. China: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
Figure 37. India: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
Figure 38. Japan: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
Figure 39. South Korea: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
Figure 40. Rest of APAC: Predictive Analytics Market - Revenue and Forecast to 2028 (US$ Million)
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