Advanced and Predictive Analytics (APA) Software Market to Raise at a CAGR of 8.6% by 2020
February 13, 2017 at 16:32 PM EST
New York, NY -- (SBWIRE) -- 02/13/2017 -- 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.