Predictive and Prescriptive Analytics Market to Observer Firm Development Throughout the Forecast Period

Increasing demand for data-driven decision-making solution and rising adoption of business intelligence and analytics solutions across different industries and sectors is driving predictive and prescriptive analytics market growth.

-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. Revenue growth of the global predictive and prescriptive analytics market is expected to increase significantly during the forecast period due to increasing demand for data-driven decision-making solutions. Rising adoption of business intelligence and analytics solutions across different industries and sectors is another major factor expected to further boost growth of the global predictive and prescriptive analytics market during the forecast period.

Some niche products and services believed to be revenue generators are also included in the report. Apart from this, a wide range of products from various segments and sub-segments expected to present greater opportunities in the Predictive and Prescriptive Analytics industry are discussed in the document. Development of new products and substitutes that will completely transform the market dynamics over the forecast period occupies a special section in the report.

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Key Players operating in the industry are:

Microsoft Corporation, Oracle Corporation, International Business Machines Corporation, SAP SE, SAS Institute Inc., com, Inc., Qliktech Inc., Tableau Software, Inc., TIBCO Software Inc., Pegasystems Inc.

Radical Features of the Predictive and Prescriptive Analytics Market Report:

  • The report encompasses Predictive and Prescriptive Analytics market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
  • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
  • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
  • Supply chain analysis along with technological advancements offered in the report
  • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Predictive and Prescriptive Analytics industry

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Global Predictive and Prescriptive Analytics Market Segmentation based on Product Types and Application Spectrum:

  • Type Outlook (Revenue, USD Billion; 2021–2028)

    • Services
    • Solutions
      1. Customer relationship management
      2. Fraud detection
      3. Risk management
      4. Performance management
  • Deployment Outlook (Revenue, USD Billion; 2021–2028)

    • On-premises
    • Cloud
  • Application Outlook (Revenue, USD Billion; 2021–2028)

    • Human resource
      1. Talent analytics
    • Sales marketing
      1. Marketing analytics
      2. Behavioral analytics
    • Finance
      1. Collection analytics
    • Operations
      1. Distribution management
      2. Inventory planning
    • Others

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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