-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.
A conscious effort is made by the subject matter experts to analyse how some business owners succeed in maintaining a competitive edge while the others fail to do so makes the research interesting. A quick review of the realistic competitors makes the overall study a lot more interesting. Opportunities that are helping product owners' size up their business further add value to the overall study.
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Competitive Outlook: The leading companies operating in the Predictive and Prescriptive Analytics market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Predictive and Prescriptive Analytics Market and Profiled in the Report 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.
Objectives of the Report:
- Study of the global Predictive and Prescriptive Analytics market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
- Industrial structure analysis of the Predictive and Prescriptive Analytics market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Predictive and Prescriptive Analytics market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Predictive and Prescriptive Analytics market
- Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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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
Predictive and Prescriptive Analytics Market Segmentation by Regions:
- 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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