Here's How Predictive and Prescriptive Analytics Market Is Booming Worldwide: The Biggest Opportunity Of 2022
The recent study, Predictive and Prescriptive Analytics market forecasts the business performance of the Predictive and Prescriptive Analytics market for the forecast period, 2020 to 2028. The study considers the estimated period as the base duration and brings to light the important information associated with the market size, share and growth rate of the Predictive and Prescriptive Analytics market.
The global predictive and prescriptive analytics market is estimated to reach a market size of USD 10.47 Billion in 2020, and further reach a market size of USD 64.58 Billion in 2028, and register a CAGR of 25.4% in terms of revenue growth during the forecast period. The global predictive and prescriptive analytics market revenue is expected to increase significantly during the forecast period due to increasing demand for data-driven decision-making solution. Growing adoption of business intelligence and analytics solutions is projected to further propel global predictive and prescriptive analytics market growth over the forecast period. Besides, increasing usage of predictive and prescriptive analytics for inventory planning is expected to support growth of the predictive and prescriptive analytics market in the near future. Increasing application of predictive and prescriptive analytics for remote monitoring is also projected to augment global predictive and prescriptive analytics market growth over the forecast period.
Apart from this, the research closely examines the market share occupied by some of the prominent market players in the Predictive and Prescriptive Analytics market for the forecast period, 2020 to 2028. Researchers behind the research unmask vital statistics on market segmentation including product types, application, sale and geography.
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This study relies on the evolution of the industry to derive the trends that are observed. A significant increase in the global market is visible, which promises the expansion of the market in the coming years.
This report highlights the major contributing sectors in the industry and details the niche areas that exhibit potential to have an impact on the overall growth of the industry. The key players that account for a sizable portion of the market share have been profiled in this report. The research comprises of crucial information that has been drawn after analyzing the trends in the market. It includes market insights that aim to help the readers navigate their business ventures.
The major manufacturers covered in this report:
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.
Scope of the report:
The study aims to evaluate different segments, their individual development trends, and their contribution towards the growth of the overall industry. Furthermore, the research offers extensive data about the key factors such as the drivers, challenges, restraints and opportunities and their impact on the growth rate. Most importantly, the market intelligence report delivers competitive intelligence data from market evaluation and help companies plan their growth strategies from the consumption volume as well as forecast statistics.
Segments Covered in this report are:
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
- Human resource
This report strategically examines the micro-markets and brings to light the impact of technology upgrades on the performance of the Predictive and Prescriptive Analytics market.
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The study on the Predictive and Prescriptive Analytics market further blends in the best of both primary and secondary research to estimate and verify the current status of import and export, demand and supply, consumption power, spending capacity and distribution channel worldwide.
The report examines the market standing of prominent manufacturers and evaluates the strategies they have adopted to stay competitive. The study also applies qualitative and quantitative techniques to assess the annual and financial performance of the top vendors and insights from market leaders.
Comprehensive coverage of the recent developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers form an important part of the research on the Predictive and Prescriptive Analytics market for the forecast period, 2020 to 2028.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
United States
Europe
China
Japan
Southeast Asia
India
Researchers conducting the research also carry out a comprehensive analysis of the recent amendments in the government regulation and their impact on the competitive landscape of the industry.
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Table of Contents:
Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.
Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and global market size. It also covers market share and growth rate by regions.
Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.
Breakdown by Product and Application: This section provides details about market size by product and application.
Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.
Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.
Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.
Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.
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