predictive and prescriptive analytics market Research Methodology, Emegring Trends Data Information 2028 | Emergen Research

 “Predictive and Prescriptive Analytics Market,

The research report provides the reader with an in-depth interpretation of the Predictive and Prescriptive Analytics market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Predictive and Prescriptive Analytics industry.

The global predictive and prescriptive analytics market is estimated to reach a market size of USD 10.47 Billion in 2020, and further reach a market size of USD 64.58 Billion in 2028, and register a CAGR of 25.4% in terms of revenue growth during the forecast period. The global predictive and prescriptive analytics market revenue is expected to increase significantly during the forecast period due to increasing demand for data-driven decision-making solution. Growing adoption of business intelligence and analytics solutions is projected to further propel global predictive and prescriptive analytics market growth over the forecast period. Besides, increasing usage of predictive and prescriptive analytics for inventory planning is expected to support growth of the predictive and prescriptive analytics market in the near future. Increasing application of predictive and prescriptive analytics for remote monitoring is also projected to augment global predictive and prescriptive analytics market growth over the forecast period.

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The market intelligence report is a prototype of the 360° overview of the global Predictive and Prescriptive Analytics industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.

Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global Predictive and Prescriptive Analytics market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Predictive and Prescriptive Analytics market and pinpoint the fundamental growth trends.  

The major companies Covered in the report 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.

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The report assesses the profound changes in this business setting caused by the COVID-19 outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the growth of the market.

Segments Covered in this report are:

  • 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

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Global Predictive and Prescriptive Analytics Market Highlights: 

  • Regional demand estimation and forecast
  • Product Mix Matrix
  • R&D Analysis
  • Cost-Benefit Analysis
  • Pre-commodity pricing volatility
  • Supply chain optimization analysis
  • Technological updates analysis
  • Raw Material Sourcing Strategy
  • Competitive Analysis
  • Mergers & Acquisitions
  • Location Quotients Analysis
  • Carbon Footprint Analysis
  • Patent Analysis
  • Vendor Management

 Key Parameters Analyzed in This Section:

  • Company Profiles
  • Gross Revenue
  • Profit margins
  • Product sales trends
  • Product pricing
  • Industry Analysis
  • Sales & distribution channels

Regional Segmentation:

  • North America
  • Latin America
  • Europe
  • Middle East & Africa
  • Asia Pacific

Key Points Covered in This Section 

  • Regional contribution
  • Estimated revenue generation
  • Vital data and information about the consumption rate in all the leading regional segments
  • An expected rise in market share
  • Forecast growth in the overall consumption rate

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Report Highlights:

  • Besides offering a vivid depiction of the global Predictive and Prescriptive Analytics business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
  • The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2028).
  • The report scrutinizes the salient factors influencing the growth of the market in the near future.
  • The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.

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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 trend’s 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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