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Predicting the Growth of the Global Market using AI

Updated: Apr 22

Predicting the growth of the Global market for 17 years with more than 97.5%👍accuracy



➡️ AI-based Forecasting of the Global Market📈

➡️ High forecasting accuracy for 17 years!🔥

➡️ AI model proved resilient to the many crises of the past two decades


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Predicting the Growth of the Global Market
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A published forecast was able to predict the evolution of the Global Market from 2006-2022, with high accuracy, exceeding 97.5%.

This is an even bigger accomplishment if you consider the many challenges of this period, including the Great Recession of 2007-2009 and the Global Covid-19 pandemic starting from 2020 onwards.


The forecast was based on the same Predictive AI econometric model utilized by FutureUP today and allowed for proactive, long-term planning.


Learn more:


The forecasting challenge

Forecast the long-term growth potential of the Global Market in times of great uncertainty, including the Global Financial Crisis of 2008 and the Pandemic of 2020.


The solution

A published forecast, using known data up to 2005, leveraging an innovative Predictive AI econometric model to estimate the Global Market as measured by the Global GDP.


The result & benefit


👍High forecasting accuracy

The model’s estimates remained very close to actual values from 2006 to 2022, with just a 2.4% average error, despite the many challenges of the past years.



👍Plan ahead with confidence

Long-term anticipation of significant market trends enables companies, people, and governments to plan ahead and prepare accordingly.



 

Interested in learning more about AI-Powered Price Optimization and Strategic Forecasting?



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