Middle East & Africa 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)
The predictive analytics market in Middle East & Africa is expected to grow from US$ 521.31 million in 2022 to US$ 1,281.91 million by 2028. It is estimated to grow at a CAGR of 16.2% from 2022 to 2028.
Expansion of Dark Data
Dark data is the data that a company does not use in any of its analytics systems. The data is gathered from several network operations that are not used to determine insights or to predict. Organizations might consider dark data inaccurate as it does not provide the exact result. But they know that this will be a valuable thing. As the data is expanding daily, the industry must understand that any undiscovered data can pose a security risk. Dark data analytics is a software or solution that enables organizations to better locate, identify, and leverage previously unknown data to make important business decisions. According to the State of Dark Data report, respondents see analytics as a key solution that can better address the growing challenges of dark data and enable a wider range of non-technical employees to understand the organization's needs. These advantages of dark data analytics solutions are expected to propel the predictive analytics market in the coming years.
Market Overview
The predictive analytics market in the MEA is sub segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The Saudi Arabian Data and Artificial Intelligence Agency (SDAIA) has launched a national AI policy to lead the country's transformation into a data-driven economy. In addition, the Vision 2030 of the Saudi Arabian government is aimed at creating sustainable cities and ensuring optimal use of resources in important segments of the economy. This further highlights the importance of AI and automation in boosting the skills of the workforce. Further, the country plans to launch education reforms to prepare its future workforce with hands-on experience in AI and digital technologies. As a result, the development of AI will enhance its use in data analysis and predictive analytics.
Middle East & Africa Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Predictive Analytics Market Segmentation
The Middle East & Africa 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 Saudi Arabia , UAE , South Africa and Rest of Middle East & Africa. Saudi Arabia 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.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Middle East & Africa Predictive Analytics Market – By Component
1.3.2 Middle East & Africa Predictive Analytics Market – By Deployment Mode
1.3.3 Middle East & Africa Predictive Analytics Market – By Organization Size
1.3.4 Middle East & Africa Predictive Analytics Market – By Industry Vertical
1.3.5 Middle East & Africa Predictive Analytics Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Predictive Analytics - Market Landscape
4.1 Market Overview
4.2 Middle East & Africa PEST Analysis
4.2.1 MEA
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Middle East & Africa 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 – Middle East & Africa Analysis
6.1 Overview
6.2 Middle East & Africa Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
7. Middle East & Africa Predictive Analytics Market Revenue and Forecast to 2028 – Component
7.1 Overview
7.2 Middle East & Africa 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. Middle East & Africa Predictive Analytics Market Revenue and Forecast to 2028 – Deployment Mode
8.1 Overview
8.2 Middle East & Africa 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. Middle East & Africa Predictive Analytics Market Revenue and Forecast to 2028 – Organization Size
9.1 Overview
9.2 Middle East & Africa 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. Middle East & Africa Predictive Analytics Market Revenue and Forecast to 2028 – Industry Vertical
10.1 Overview
10.2 Middle East & Africa 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. Middle East & Africa Predictive Analytics Market – Country Analysis
11.1 MEA: Predictive Analytics Market
11.1.1 Overview
11.1.2 MEA: Predictive Analytics Market – Revenue and Forecast to 2028 (US$ Million)
11.1.3 MEA: Predictive Analytics Market Revenue and Forecast, by Country
11.1.3.1 South Africa: Predictive Analytics Market – Revenue and Forecast to 2028 (US$ Million)
11.1.3.1.1 South Africa Predictive Analytics Market Breakdown, By Component
11.1.3.1.2 South Africa Predictive Analytics Market Breakdown, By Deployment Mode
11.1.3.1.3 South Africa Predictive Analytics Market Breakdown, By Organization Size
11.1.3.1.4 South Africa Predictive Analytics Market Breakdown, By Industry Verticals
11.1.3.2 Saudi Arabia: Predictive Analytics Market – Revenue and Forecast to 2028 (US$ Million)
11.1.3.2.1 Saudi Arabia Predictive Analytics Market Breakdown, By Component
11.1.3.2.2 Saudi Arabia Predictive Analytics Market Breakdown, By Deployment Mode
11.1.3.2.3 Saudi Arabia Predictive Analytics Market Breakdown, By Organization Size
11.1.3.2.4 Saudi Arabia Predictive Analytics Market Breakdown, By Industry Verticals
11.1.3.3 UAE: Predictive Analytics Market – Revenue and Forecast to 2028 (US$ Million)
11.1.3.3.1 UAE Predictive Analytics Market Breakdown, By Component
11.1.3.3.2 UAE Predictive Analytics Market Breakdown, By Deployment Mode
11.1.3.3.3 UAE Predictive Analytics Market Breakdown, By Organization Size
11.1.3.3.4 UAE Predictive Analytics Market Breakdown, By Industry Verticals
11.1.3.4 Rest of MEA: Predictive Analytics Market, Revenue and Forecast to 2028 (US$ Million)
11.1.3.4.1 Rest of MEA Predictive Analytics Market Breakdown, By Component
11.1.3.4.2 Rest of MEA Predictive Analytics Market Breakdown, By Deployment Mode
11.1.3.4.3 Rest of MEA Predictive Analytics Market Breakdown, By Organization Size
11.1.3.4.4 Rest of MEA Predictive Analytics Market Breakdown, By Industry Verticals
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. Middle East & Africa Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Middle East and Africa: Predictive Analytics Market, Revenue and Forecast to 2028 - By Component (US$ Million)
Table 3. Middle East and Africa: Predictive Analytics Market, Revenue and Forecast to 2028 - By Deployment Mode (US$ Million)
Table 4. Middle East and Africa: Predictive Analytics Market, Revenue and Forecast to 2028 - By Organization Size (US$ Million)
Table 5. Middle East and Africa: Predictive Analytics Market, Revenue and Forecast to 2028 - By Industry Vertical (US$ Million)
Table 6. Middle East and Africa: Predictive Analytics Market, Revenue and Forecast to 2028 - By Country (US$ Million)
Table 7. South Africa Predictive Analytics Market Revenue and Forecast to 2028 – By Component (US$ Million)
Table 8. outh Africa Predictive Analytics Market Revenue and Forecast to 2028 – By Solution (US$ Million)
Table 9. South Africa Predictive Analytics Market Revenue and Forecast to 2028 – By Deployment Mode (US$ Million)
Table 10. South Africa Predictive Analytics Market Revenue and Forecast to 2028 – By Organization Size (US$ Million)
Table 11. South Africa Predictive Analytics Market Revenue and Forecast to 2028 – By Industry Verticals (US$ Million)
Table 12. Saudi Arabia Predictive Analytics Market Revenue and Forecast to 2028 – By Component (US$ Million)
Table 13. Saudi Arabia Predictive Analytics Market Revenue and Forecast to 2028 – By Solution (US$ Million)
Table 14. Saudi Arabia Predictive Analytics Market Revenue and Forecast to 2028 – By Deployment Mode (US$ Million)
Table 15. Saudi Arabia Predictive Analytics Market Revenue and Forecast to 2028 – By Organization Size (US$ Million)
Table 16. Saudi Arabia Predictive Analytics Market Revenue and Forecast to 2028 – By Industry Verticals (US$ Million)
Table 17. UAE Predictive Analytics Market Revenue and Forecast to 2028 – By Component (US$ Million)
Table 18. UAE Predictive Analytics Market Revenue and Forecast to 2028 – By Solution (US$ Million)
Table 19. UAE Predictive Analytics Market Revenue and Forecast to 2028 – By Deployment Mode (US$ Million)
Table 20. UAE Predictive Analytics Market Revenue and Forecast to 2028 – By Organization Size (US$ Million)
Table 21. UAE Predictive Analytics Market Revenue and Forecast to 2028 – By Industry Verticals (US$ Million)
Table 22. Rest of MEA Predictive Analytics Market Revenue and Forecast to 2028 – By Component (US$ Million)
Table 23. Rest of MEA Predictive Analytics Market Revenue and Forecast to 2028 – By Solution (US$ Million)
Table 24. Rest of MEA Predictive Analytics Market Revenue and Forecast to 2028 – By Deployment Mode (US$ Million)
Table 25. Rest of MEA Predictive Analytics Market Revenue and Forecast to 2028 – By Organization Size (US$ Million)
Table 26. Rest of MEA Predictive Analytics Market Revenue and Forecast to 2028 – By Industry Verticals (US$ Million)
Table 27. Glossary of Terms, Predictive Analytics Market
LIST OF FIGURES
Figure 1. Middle East & Africa Predictive Analytics Market Segmentation
Figure 2. Middle East & Africa Predictive Analytics Market Segmentation – By Country
Figure 3. Middle East & Africa Predictive Analytics Market Overview
Figure 4. Middle East & Africa Predictive Analytics Market, By Component
Figure 5. Middle East & Africa Predictive Analytics Market, By Country
Figure 6. MEA: PEST Analysis
Figure 7. Predictive Analytics Market– Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. Middle East & Africa Predictive Analytics Market Impact Analysis of Drivers and Restraints
Figure 10. Middle East & Africa Predictive Analytics Market Revenue and Forecast To 2028 (US$ Million)
Figure 11. Middle East and Africa: Predictive Analytics Market, by Component, 2021 & 2028 (%)
Figure 12. Middle East & Africa Solution: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Middle East & Africa Risk Analytics: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Middle East & Africa Marketing Analytics: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Middle East & Africa Sales Analytics: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Middle East & Africa Customer Analytics: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Middle East & Africa Others: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Middle East & Africa Services: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Middle East and Africa: Predictive Analytics Market, by Deployment Mode, 2021 & 2028 (%)
Figure 20. Middle East & Africa Cloud based: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Middle East & Africa on Premise: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Middle East and Africa: Predictive Analytics Market, by Organization Size, 2021 & 2028 (%)
Figure 23. Middle East & Africa Large Enterprises: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Middle East & Africa Small and Medium-Sized Enterprises: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Middle East and Africa: Predictive Analytics Market, by Industry Vertical, 2021 & 2028 (%)
Figure 26. Middle East & Africa BFSI: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Middle East & Africa Manufacturing: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Middle East & Africa Retail and eCommerce: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Middle East & Africa IT and Telecom: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Middle East & Africa Energy and Utilities: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Middle East & Africa Government and Defense: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. Middle East & Africa Others: Predictive Analytics Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. MEA: Predictive Analytics Market, Revenue and Forecast to 2028 (US$ Million)
Figure 34. Middle East and Africa: Predictive Analytics Market, by Country, 2021 & 2028 (%)
Figure 35. South Africa: Predictive Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Saudi Arabia: Predictive Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. UAE: Predictive Analytics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Rest of MEA: Predictive Analytics Market, Revenue and Forecast to 2028 (US$ Million)
- 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)
- NTT DATA Corporation
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa Predictive Analytics Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa Predictive Analytics Market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.