Predictive and Prescriptive Analytics Market Business Scenario Analysis By Global Industry Trend, Share, Sales Revenue,

Market Size – USD 10.47 Billion in 2020, Market Growth – at a CAGR of 25.4%, Market Trends – Rising government investment in big data.

-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.

In addition, the researchers have closely studied the remarkable market changes that followed the coronavirus outbreak. This is the newest report examining the current economic situation of the Predictive and Prescriptive Analytics industry following the pandemic. The COVID-19 pandemic has altered various aspects of the global Predictive and Prescriptive Analytics market scenario by far. The latest report offers an extensive COVID-19 impact analysis of the market to help readers gain knowledge of the significant effects of the outbreak on the present and future scenario of this business space.

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Key Players operating in the industry 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.

Radical Features of the Predictive and Prescriptive Analytics Market Report:

  • The report encompasses Predictive and Prescriptive Analytics market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
  • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
  • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
  • Supply chain analysis along with technological advancements offered in the report
  • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Predictive and Prescriptive Analytics industry

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Global Predictive and Prescriptive Analytics Market Segmentation based on Product Types and Application Spectrum:

  • Type Outlook (Revenue, USD Billion; 2021–2028)

    • Services
    • Solutions
      1. Customer relationship management
      2. Fraud detection
      3. Risk management
      4. Performance management
  • Deployment Outlook (Revenue, USD Billion; 2021–2028)

    • On-premises
    • Cloud
  • Application Outlook (Revenue, USD Billion; 2021–2028)

    • Human resource
      1. Talent analytics
    • Sales marketing
      1. Marketing analytics
      2. Behavioral analytics
    • Finance
      1. Collection analytics
    • Operations
      1. Distribution management
      2. Inventory planning
    • Others

Regional Analysis Covers:

  • 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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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

 

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