Predictive and Prescriptive Analytics Market Revenue, Statistics and Demand Analysis Research Report by 2028
-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 study draws a forecast of the growth of the Predictive and Prescriptive Analytics market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
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Key companies operating in the Predictive and Prescriptive Analytics market include:
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.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Predictive and Prescriptive Analytics market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Predictive and Prescriptive Analytics Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Predictive and Prescriptive Analytics Market Segmentation:
-
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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