Market Explorer is an online tool whose main purpose is to allow strategy and planning executives to see which countries offer the greatest opportunities for their products and services. The tool was launched in November 2015 by
EIU Canback, a management consulting firm that leverages
predictive analytics
Predictive analytics encompasses a variety of statistical techniques from data mining, predictive modeling, and machine learning that analyze current and historical facts to make predictions about future or otherwise unknown events.
In busine ...
for strategic purposes. Data is available from 2005 to 2030, with the aim of helping businesses to form a view on markets over time.
See also
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Forecasting
Forecasting is the process of making predictions based on past and present data. Later these can be compared (resolved) against what happens. For example, a company might estimate their revenue in the next year, then compare it against the actual ...
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Market (economics)
In economics, a market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offer ...
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Strategy
Strategy (from Greek στρατηγία ''stratēgia'', "art of troop leader; office of general, command, generalship") is a general plan to achieve one or more long-term or overall goals under conditions of uncertainty. In the sense of the " ...
References
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Statistical forecasting
Marketing techniques
Online companies of the United States