Pune, Maharashtra -- (SBWire) -- 10/24/2022 --Prescriptive Analytics Market Size, Share & Growth 2022
The Prescriptive analytics market is driven by rapid technological development, including IoT, big data, and real-time data and services availability in business applications. The report provides a detailed evaluation of the market. The report examines the various segments, trends, drivers, restraints, competitive landscape, and factors that have an important impact on the market.
Prescriptive analytics is an analytical tool that belongs to both descriptive and predictive analysis. It helps to find the best course of action for a given situation by combining both descriptive and predictive analytics. It can not only predict what will happen and when it will happen but also why it will happen. Furthermore, it can recommend decision options, reduce future risk, and absorb new data to re-predict and re-prescribe better decision options.
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Major Key Company profiles analysis covered in Prescriptive Analytics Market are:
- Fair Isaac Corporation
- International business machines corporation
- Infor
- Oracle Corporation
- River Logic, inc.
- Salesforce.com, inc.
- Sap Se
- SAS institute inc.
- Teradata corporation
- Tibco software inc.
The market research report examines market trends, market drivers, market restraints, potential opportunities, technological advancements, industry-specific challenges, and competitive assessments. In addition, the Prescriptive Analytics market research study covers market trends, market size, competition landscape, growth trends, and outlook, among other things.
The Prescriptive Analytics market report contains substantial research insights that result in the introduction of distinct market dynamics divisions. The market research study provides a thorough executive summary as well as an evaluation of the key industry growth trends. Primary interviews provide current market understanding and validate earlier data analysis.
Prescriptive Analytics Market Segmentation Analysis 2022
The research report is based on data from a range of research methodologies and credible data sources, will help current and new market participants build and analyze the industry's needs, market size, and competitiveness. Based on current events and historical data, the study paper provides graphical forecasts for the coming years. To collect data and analyze income for each region of the Prescriptive Analytics market, researchers used top-down and bottom-up methodologies.
Major Segments and Sub-Segment of the Prescriptive Analytics Market are Listed Below:
Segmentation by Component:
- Software
- Services
Segmentation by Deployment:
- CLOUD
- ON-PREMISE
Segmentation by Business Function:
- Operations
- Sales
- Marketing
- Finance
- Human Resources
Segmentation by Industry Vertical:
- Healthcare
- BFSI
- IT & Telecommunications
- Retail
- Media & Entertainment
- Manufacturing
- Energy & Utilities
- Transportation & Logistics
- Government
- Others
Russia-Ukraine Conflict Impact Analysis
The market research report delves at Russia's present conflict with Ukraine, as well as the consequences for the Prescriptive Analytics market in the long run. This information will assist market participants in planning for similar situations in the future.
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Regional Analysis Covered in this report:
- North America [United States, Canada]
- Europe [Germany, France, U.K., Italy, Russia]
- Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
- Latin America [Mexico, Brazil, Argentina]
- Middle East & Africa [Turkey, Saudi Arabia, UAE]
Prescriptive Analytics Market Regional Outlook
The global Prescriptive Analytics market research looks into the business in various parts of the world. North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa are the five geographical regions of the market. Geography study demonstrating the regions' consumption of the product/service and an indication of the market dynamics affecting each region.
Prescriptive Analytics Industry Competitive Analysis
The market research thoroughly investigates all of the main organizations' key duties and characteristics. The Prescriptive Analytics market's leading companies are also profiled, with information on their product and business portfolios. The competitive landscape comprises the major market rivals' market rankings, new service/product launches, collaborations, business expansions, and acquisitions of the companies profiled in the preceding five years.
Key Questions answered in the Prescriptive Analytics Market Report:
- What state and federal rules and regulations have the capacity to stifle or stimulate market demand?
- Which regional markets should market participants emphasize during the foreseeable period?
- Who are the most powerful competitors in the market, and what are their best winning strategies?
Conclusion
The Prescriptive Analytics market research report will be an invaluable resource for market participants seeking to stay current on market conditions and gain insight into potential future trends.
Table of Contents – Major Key Points
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
5. Value Chain Analysis
6. Porter's 5 Forces Model
8. Prescriptive Analytics Market Segmentation, By Component
9. Prescriptive Analytics Market Segmentation, By Deployment
10. Prescriptive Analytics Market Segmentation, By Business Function
11. Prescriptive Analytics Market Segmentation, By Industry Vertical
12. Regional Analysis
13. Company Profiles
14. Competitive Landscape
15. Conclusion
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Prescriptive Analytics Market Size Is Projected to Reach US$ 22.44 Bn and Grow at CAGR 22.9% over Forecasts Period 2022-2028 : Key Players: Fair Isaac Corporation, Infor
“The Prescriptive Analytics market size was valued at US$ 5.3 Bn in 2021, and is predicted to reach US$ 22.44 Bn by 2028, with a growing healthy CAGR of 22.9% during the forecast period 2022-2028, as per SNS Insider Research.”