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Predictive and Prescriptive Analytics Market Overview Highlighting Major Drivers, Trends, Growth and Demand Report 2020-

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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 study on the Global Predictive and Prescriptive Analytics Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. 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.    

Solution segment is expected to lead in terms of revenue CAGR of 25.4% during the forecast period. This high growth rate can be attributed to increasing application of predictive and prescriptive analytics solutions for fraud detection, debt management, and risk management in various sectors.

Cloud segment is projected to account for largest market share over the forecast period due to increasing adoption of cloud-based analytics solutions by end-user to efficiently collect, process, and transfer analyzed data.

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Market Scope:

One of the report’s central components is the broad Predictive and Prescriptive Analytics market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Predictive and Prescriptive Analytics market players.

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.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.

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.

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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

Regional Analysis:

The report sheds light on the region expected to dominate the Predictive and Prescriptive Analytics market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Predictive and Prescriptive Analytics market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

TOC of the global Predictive and Prescriptive Analytics market report:

Chapter 1, describes the Predictive and Prescriptive Analytics Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.

Chapter 2, analyzes the key manufacturers of Predictive and Prescriptive Analytics, along with the sales, revenue, and price of Predictive and Prescriptive Analytics, in the forecast period.

Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.

Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of Predictive and Prescriptive Analytics, for each region, from 2020 to 2027.

Chapters 5, 6, 7, 8 and 9, analyze the Predictive and Prescriptive Analytics market by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued

Key Points of Predictive and Prescriptive Analytics Market:

Extensive coverage of the analysis of the Predictive and Prescriptive Analytics market

Key insights into the regional spread of the industry in key geographies

Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market

Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Predictive and Prescriptive Analytics market

Complete data about the key manufacturers and vendors in the Predictive and Prescriptive Analytics market

Read More: https://www.emergenresearch.com/industry-report/predictive-and-prescriptive-analytics-market

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