The tailor-made study probes into the current and future trends of that are likely to shape the development of the Predictive and Prescriptive Analytics industry to give the business owners a competitive edge and help them stay ahead of their rivals. The best of both research techniques including qualitative and quantitative are applied to gauge the market size, share, and growth rate
Vancouver, BC -- (SBWIRE) -- 04/26/2021 -- 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.
The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Predictive and Prescriptive Analytics market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Predictive and Prescriptive Analytics market landscape.
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The Predictive and Prescriptive Analytics research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market.
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.
Emergen Research has segmented the global Predictive and Prescriptive Analytics market on the basis of type, deployment, application, end-use, and region.
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 report addresses the following key points:
The report estimates the expected market size from 2020-2027
The report provides a forecast of market drivers, restraints, and future opportunities for the Predictive and Prescriptive Analytics market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. 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, 2021-2028
Chapter 3. Key Insights
Chapter 4. Predictive and Prescriptive Analytics Market Segmentation & Impact Analysis
4.1. Predictive and Prescriptive Analytics Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing demand for data-driven decision-making solution
4.2.2.2. Rising adoption of business intelligence and analytics solutions
4.2.2.3. Increasing usage of Predictive and Prescriptive Analytics for inventory planning
4.2.2.4. Increasing application of Predictive and Prescriptive Analytics for remote monitoring
4.2.3. Market restraints analysis
4.2.3.1. Data security concern
4.2.3.2. High cost of investment
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Predictive and Prescriptive Analytics Market By Type Insights & Trends Revenue (USD Billion)
5.1. Type Dynamics & Market Share, 2021 & 2028
5.1.1. Services
5.1.2. Solutions
5.1.2.1. Customer relationship management
5.1.2.2. Fraud detection
5.1.2.3. Risk management
5.1.2.4. Performance management
Chapter 6. Predictive and Prescriptive Analytics Market By Deployment Insights & Trends Revenue (USD Billion)
6.1. Deployment Dynamics & Market Share, 2021 & 2028
6.1.1. On-premises
6.1.2. Cloud
Chapter 7. Predictive and Prescriptive Analytics Market By Application Insights & Trends Revenue (USD Billion)
7.1. Application Dynamics & Market Share, 2021 & 2028
7.1.1. Human resource
7.1.1.1. Talent analytics
7.1.2. Sales & marketing
7.1.2.1. Marketing analytics
7.1.2.2. Behavioral analytics
7.1.3. Finance
7.1.3.1. Collection analytics
7.1.4. Operations
7.1.4.1. Distribution management
7.1.4.2. Inventory planning
7.1.5. Others
CONTINUED…!
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