Predictive and Prescriptive Analytics Market: A Deep Dive into the Industry's Key Applications and Technologies

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Increasing demand for data-driven decision-making solution and rising adoption of business intelligence and ****ytics solutions across different industries and sectors is driving predictive and prescriptive ****ytics market growth.

Emergen Research has recently published a detailed report on the global Predictive and Prescriptive Analytics Market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Predictive and Prescriptive Analytics Market through verified and validated data curated to offer accurate insights. The report also offers a region wise and country wise analysis of the Predictive and Prescriptive Analytics Market and contains a detailed analysis of the key elements influencing the growth of the market in the region. The research study also contains historical, current, and forecast estimations for each sector, segment, sub-segment, and regions.

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. 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.

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However, high cost to implement predictive and prescriptive analytics solutions is expected to restrain adoption, and in turn, impact growth of the global predictive and prescriptive analytics market growth to a certain extent during the forecast period.

Competitive Terrain:

The Global Predictive and Prescriptive Analytics Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold.

The leading market contenders listed in the report are as follows:

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.

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Key reasons to buy the Global Predictive and Prescriptive Analytics Market report:

The latest report comprehensively studies the global Predictive and Prescriptive Analytics market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.

The report offers an insightful analysis of the regional outlook of the market.

It offers a detailed account of the end-use applications of the products services offered by this industry.

The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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
    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

End-use Outlook (Revenue, USD Billion; 2021–2028)

  • Retail
  • Telecommunication
  • Mining
  • Energy
  • Manufacturing
  • Healthcare
  • Automotive
  • Government
  • Defense
  • BFSI
  • Logistics
  • Entertainment
  • Sports
  • Gaming
  • Others

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Regional Analysis:

This section of the report offers valuable insights into the geographical segmentation of the Predictive and Prescriptive Analytics market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.

The report classifies the global Predictive and Prescriptive Analytics market into various regions, including:

North America (U.S., Canada)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Middle East Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)

Key Questions Answered in the Report:

What will be the estimated growth rate of the Predictive and Prescriptive Analytics market by 2028?

Who are the prominent distributors, vendors, and manufacturers of the market?

What are the driving and restraining factors of the growth of the Predictive and Prescriptive Analytics market throughout the forecast period?

What are the current and future market trends of the Predictive and Prescriptive Analytics market?

What are the sales and price analysis of the product by types, applications, and regions?

What are the expected opportunities for the companies and new entrants in the coming years?

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