Predictive and Prescriptive Analytics Market to Exhibit 25.4% CAGR till 2028 | Industry Share & Trend Analysis Report By Top Key Players Are: SAP SE, SAS Institute Inc., Salesforce.com, Inc, Etc

February 23 04:09 2021
predictive and prescriptive analytics Industry Size – USD 10.47 Billion in 2020, Industry Growth – at a CAGR of 25.4%, Market Trends – Rising government investment in big data.

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

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.

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The global predictive and prescriptive analytics market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the predictive and prescriptive analytics market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the predictive and prescriptive analytics market.

Key market participants include 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.

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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Detailed 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)

Key Benefits of Buying the Global predictive and prescriptive analytics Report:

  • Comprehensive analysis of the changing competitive landscape
  • Assists in decision making processes for the businesses along with detailed strategic planning methodologies
  • The report offers an 8-year forecast and assessment of the Global predictive and prescriptive analytics Market
  • Helps in understanding the key product segments and their estimated growth rate
  • In-depth analysis of market drivers, restraints, trends, and opportunities
  • Comprehensive regional analysis of the Global predictive and prescriptive analytics Market
  • Extensive profiling of the key stakeholders of the business sphere
  • Detailed analysis of the factors influencing the growth of the Global predictive and prescriptive analytics Market

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. Predictive and Prescriptive Analytics Market Segmentation & Impact Analysis

    4.1. Predictive and Prescriptive Analytics Market Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Increasing demand for data-driven decision-making solution

                    4.2.2.2. Rising adoption of business intelligence and analytics solutions

                    4.2.2.3. Increasing usage of predictive and prescriptive analytics for inventory planning

                    4.2.2.4. Increasing application of predictive and prescriptive analytics for remote monitoring

          4.2.3. Market restraints analysis

                    4.2.3.1. Data security concern

                    4.2.3.2. High cost of investment

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Predictive and Prescriptive Analytics Market By Type Insights & Trends Revenue (USD Billion) 

    5.1. Type Dynamics & Market Share, 2021 & 2028

          5.1.1. Services

          5.1.2. Solutions

                    5.1.2.1. Customer relationship management

                    5.1.2.2. Fraud detection

                    5.1.2.3. Risk management

                    5.1.2.4. Performance management

Chapter 6. Predictive and Prescriptive Analytics Market By Deployment Insights & Trends Revenue (USD Billion) 

    6.1. Deployment Dynamics & Market Share, 2021 & 2028

          6.1.1. On-premises

          6.1.2. Cloud

Chapter 7. Predictive and Prescriptive Analytics Market By Application Insights & Trends Revenue (USD Billion) 

Continue…!

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