The global predictive and prescriptive analytics market is forecast to reach a market size of USD 64.58 Billion by 2028, and register a significantly high CAGR, according to latest analysis by Emergen Research.
Significant driving forces shaping the future of the Predictive and Prescriptive Analytics market for the forecast period 2020 – 2028 find a special mention in the study and are backed by a real-time statistics. Thorough segmentation of the industry by type, application, classification, and geography works as an impetus towards increasing the sale figures and boosting business prospects alongside the hindrances that often restrict the industry’s growth. In addition, bifurcation of the market on the basis of consumption volume, customer preference, end-user, and production capacity is explained through important resources including but not limited to charts, graphic images, and tables.
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North America market is projected to account for the highest revenue share as compared to other regional markets over the forecast period due to increasing application of predictive and prescriptive analytics solutions across different industries to boost business performance and reduce operational costs.
Key market participants include Microsoft Corporation, Oracle Corporation, International Business Machines Corporation, SAP SE, SAS Institute Inc., Salesforce.com, Inc., Qliktech Inc., Tableau Software, Inc., TIBCO Software Inc., and Pegasystems Inc.
Type Outlook (Revenue, USD Billion; 2021–2028)
Services
Solutions
Customer relationship management
Fraud detection
Risk management
Performance management
Deployment Outlook (Revenue, USD Billion; 2021–2028)
On-premises
Cloud
Application Outlook (Revenue, USD Billion; 2021–2028)
Human resource
Talent analytics
Sales & marketing
Marketing analytics
Behavioral analytics
Finance
Collection analytics
Operations
Distribution management
Inventory planning
Others
End-use Outlook (Revenue, USD Billion; 2021–2028)
Retail
Telecommunication
Mining
Energy
Manufacturing
Healthcare
Automotive
Government
Defense
BFSI
Logistics
Entertainment
Sports
Gaming
Others
The study draws a forecast of the growth of the Predictive and Prescriptive Analytics market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
Regional scope: – North America; Europe; Asia Pacific; Central & South America; MEA
Here are the questions we answer…
What are the future opportunities in store for the vendors operating in the Predictive and Prescriptive Analytics market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Predictive and Prescriptive Analytics market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2028?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the Predictive and Prescriptive Analytics market growth worldwide?
Read more@ https://www.emergenresearch.com/industry-report/predictive-and-prescriptive-analytics-market
Table of Content
Chapter 1. Predictive and Prescriptive Analytics Market Methodology & Sources
1.1. Predictive and Prescriptive Analytics Market Definition
1.2. Predictive and Prescriptive Analytics Market Research Scope
1.3. Predictive and Prescriptive Analytics Market Methodology
1.4. Predictive and Prescriptive Analytics Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2028
Chapter 3. Predictive and Prescriptive Analytics Market Key Insights
Chapter 4. Predictive and Prescriptive Analytics Market Segmentation & Impact Analysis
Continued…
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Emergen Research | Web: www.emergenresearch.com
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