Advanced and Predictive Analytics (APA) Software Market Expected to Expand at a CAGR of 8.6% from 2015 to 2020: PMR

New York, NY -- (SBWIRE) -- 02/05/2016 -- According to a new market report published by Persistence Market Research "Global Market Study on Advanced and Predictive Analytics (APA) Software: Impelled By Deployment of Big Data Repositories," the global Advanced and Predictive Analytics (APA) software market was valued at US$ 2,422.9 Mn in 2014 and is expected to expand at a CAGR of 8.6% from 2015 to 2020. The growth of the Advanced and Predictive Analytics (APA) software market is primarily driven by the implementation of Big Data repositories, such as NewSQL, NoSQL, Hadoop databases and other platforms, to enhance the ability of computing data and business value from APA. Additionally, the shift in preference of business analysts towards becoming data scientists is also contributing in boosting the growth of the global Advanced and Predictive Analytics software market.
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