Prescriptive Analytics Market to Witness Remarkable Growth by 2025

Global Prescriptive Analytics Market research report presents a comprehensive overview of market size, share, evolution, trends, and forecast, and growth opportunities of Prescriptive Analytics market by product type, application, key manufacturers and key regions and countries. This report offers comprehensive analysis on global Prescriptive Analytics market along with, market trends, drivers, and restraints of the Prescriptive Analytics market. In-depth study of market size with data Tables, Bar & Pie Charts, and Graphs & Statistics which helps easy to understand detailed breakdown of market. This report includes a detailed competitive scenario and product portfolio of key vendors Fair, Isaac and Company (FICO), IBM Corporation, Infor, Oracle Corporation, River Logic, Inc., Salesforce.com Inc, SAP SE, SAS Institute Inc., Teradata Corporation, and Tibco Software Inc.

Prescriptive analytics in among one of the data analytics type that uses various analytics algorithms to derive accurate solution to an issue. For example, a prescriptive analytics model used in predictive maintenance provides accurate solution for any damage with insights on how and what to repair with alternative ways. The need for prescriptive analytics is increasing owing to its diversified application areas such as marketing, business operations, and supply chain. This, in turn, is expected to boost the growth of the global prescriptive analytics market during the forecast period across the globe. Primarily prescriptive analytics is used to help businesses with data-driven decision models through analysis of raw enterprise data.
Businesses across the globe are inclined toward digital analytics owing to advent of digitalization. This, in turn, rises the demand for sophisticated analytical solutions that offer features such as descriptive and predictive analytics. Thus, growth in adoption of comprehensive market analytics solutions among enterprises across the globe is a major factor expected to drive the market during the forecast period. Moreover, emergence of advance technologies has proliferated disruptive innovations led by analytics in business processes such as automation of business processes. This need is expected to propel the growth of the market.

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However, high initial cost required for deployment of advance systems and analytical solutions is a factor that is expected to hamper the market growth. Furthermore, emergence of technologies compels market players to research and develop new enhancements and innovative prescriptive analytical solutions. This has led to the rise in ICT expenditure toward development of big data infrastructure among various countries. This is an opportunistic factor of the market, which is expected to boost the growth of the market during the forecast period.
The global prescriptive analytics market is segmented on the basis of component, business function, deployment, industry vertical, and region. By component, it is bifurcated into software and services. By deployment, the market is classified into cloud and on-premise. By business function, it is divided into human resources, sales, marketing, finance, and operations. Depending on industry vertical, the prescriptive analytics market is segmented into healthcare, BFSI, IT & telecommunications, retail, media & entertainment, manufacturing, energy & utilities, transportation & logistics, government, and others Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The Prescriptive Analytics Market report mainly includes the major company profiles with their annual sales & revenue, business strategies, company major products, profits, industry growth parameters, industry contribution on a global and regional level. This report covers the global Prescriptive Analytics Market performance in terms of value and sales volume contribution. In-depth information on manufacturer share, business revenue, price, and gross profit & margin, product figure, product advantage and disadvantage comparison & many more for business intelligence.

The Prescriptive Analytics Market research report covers the present scenario and the growth prospects of the global Prescriptive Analytics Market industry. The report enlists several important factors, starting from the basics to advanced Market intelligence which plays a crucial part in strategizing. Geographical Breakdown based on the growth rate, macroeconomic parameters, consumer buying patterns, and Market demand and supply scenarios. The report provides an in-depth insight into the global Prescriptive Analytics Market industry covering all important parameters that cover Market Challenge, Driver, and Key Economic Indicators of Countries & Forecast.

Essential Features & key highlights of the report:
Key players:

Fair, Isaac and Company (FICO), IBM Corporation, Infor, Oracle Corporation, River Logic, Inc., Salesforce.com Inc, SAP SE, SAS Institute Inc., Teradata Corporation, and Tibco Software Inc.

Market Segmentation:

BY COMPONENT
– Software
– Services

BY DEPLOYMENT
– Cloud
– On-premises

BY BUSINESS FUNCTION
– Human Resources
– Sales
– Marketing
– Finance
– Operations

BY INDUSTRY VERTICAL
– Healthcare
– BFSI
– IT and Telecommunications
– Retail
– Media and Entertainment
– Manufacturing
– Energy and Utilities
– Transportation and Logistics
– Government
– Others (Travel and Hospitality)

Geographical Breakdown:

Market Segment by Countries, covering

North America (United States, Canada, Mexico) Market Revenue and/or Volume

Europe (Germany, UK, France, Russia, Italy) Market Revenue and/or Volume

Asia Pacific (China, Japan, Korea, India, Southeast Asia) Market Revenue and/or Volume

Middle-East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa) Market Revenue and/or Volume

South America (Brazil, Argentina, Colombia) Market Revenue and/or Volume

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Furthermore, the years considered for the study are as follows:

Historical year – 2013-2017 | Base year – 2018 | Forecast period** – 2019 to 2025 [** unless otherwise stated]

The report provides a basic overview of the Prescriptive Analytics industry including definitions, classifications, applications, and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and capital expenditures.
Further, it focuses on global major leading industry players with information such as company profiles, product picture, and specifications, sales, market share and contact information. What’s more, the Prescriptive Analytics industry development trends and marketing channels are analyzed.
The study is organized with the help of primary and secondary data collection including valuable information from key vendors and participants in the industry. It includes historical data and projected forecasts till 2025 which makes the research study a valuable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry related data in readily accessible documents with easy to analyze visuals, graphs and tables. The report answers future development trend of Prescriptive Analytics based on of stating current situation of the industry in 2019 to assist manufacturers and investment organization to better analyze the development course of Prescriptive Analytics Market.

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Key Questions Answered:

How much is the Prescriptive Analytics Market worth?

At what Compound annual growth rate (CAGR) will be the Prescriptive Analytics Market grows?

Which industry vertical segment is expected to be the most lucrative growth in the Prescriptive Analytics Market forecast period?

Who are the top players in Prescriptive Analytics Market?

What is the market size and growth rate of the global and regional market by various segments?

Which region or sub – segment is expected to drive the market in the forecast period?

What factors are estimated to drive and restrain the market growth?

What are the key technological and market trends shaping the market?

What are the key opportunities in the Prescriptive Analytics market?

What are the key companies operating in the Prescriptive Analytics market?

Which company accounted for the highest market share?

The report covers the following chapters

There are 13 Chapters to thoroughly display the Prescriptive Analytics market. This report included the analysis of market overview, market characteristics, industry chain, competition landscape, historical and future data by types, applications and regions.

Chapter 1: Prescriptive Analytics Market Overview, Product Overview, Market Segmentation, Market Overview of Regions, Market Dynamics, Limitations, Opportunities and Industry News and Policies.

Chapter 2: Prescriptive Analytics Industry Chain Analysis, Upstream Raw Material Suppliers, Major Players, Production Process Analysis, Cost Analysis, Market Channels and Major Downstream Buyers.

Chapter 3: Value Analysis, Production, Growth Rate and Price Analysis by Type of Prescriptive Analytics.

Chapter 4: Downstream Characteristics, Consumption and Market Share by Application of Prescriptive Analytics.

Chapter 5: Production Volume, Price, Gross Margin, and Revenue ($) of Prescriptive Analytics by Regions.

Chapter 6: Prescriptive Analytics Production, Consumption, Export and Import by Regions (2014-2019).

Chapter 7: Prescriptive Analytics Market Status and SWOT Analysis by Regions.

Chapter 8: Competitive Landscape, Product Introduction, Company Profiles, Market Distribution Status by Players of Prescriptive Analytics.

Chapter 9: Prescriptive Analytics Market Analysis and Forecast by Type and Application.

Chapter 10: Market Analysis and Forecast by Regions.

Chapter 11: Industry Characteristics, Key Factors, New Entrants SWOT Analysis, Investment Feasibility Analysis.

Chapter 12: Market Conclusion of the Whole Report.

Chapter 13: Appendix Such as Methodology and Data Resources of This Research.

……..and view more in complete table of Contents

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