Prescriptive Analytics Global Market – Overview
Prescriptive Analytics is defined as advanced analytics that is useful for making optimum decisions regarding the way to handle specific situations by considering all the situation and available resources. Market Research Future (MRFR) has published a research report about the global prescriptive analytics market that presumes proliferation for this market at 22.7% CAGR (Compound Annual Growth Rate) between 2017 and 2022. By value, the market has been figured to be worth the US $ 2.47 bn by the end of the forecast period.
Analyzing the market structure, this report weighs the future growth potential of the market. It assesses the strategies of the key players in the market and supports the competitive developments like joint ventures, new product developments, mergers & acquisitions, research and developments (R&D) in the market.
Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/2613
The major factor elevating the prescriptive analytics market growth is the rising popularity of automated business decisions. Prescriptive analytics is helpful for improved business decisions despite uncertainty and changing conditions. Other factors contributing to the market growth include the emergence of big data & internet of things (IoT), growing cloud adoption, massive investments from various firms, increase in cyber crimes, and lastly, growing demand of machine learning.
Key Players
The prominent players in the Prescriptive Analytics Market are – FICO (U.S.), Ayata (U.S.), IBM Corporation (U.S.), River Logic, Inc. (U.S.), Angoss Software (U.S.), Frontline (U.S.), Profitect (U.S.), Panoratio (Germany), TIBCO Software (U.S.), NGData (Belgium) and among others.
Latest Industry News
- BioConnect’s digital identity authentication technology has been integrated with ForgeRock’s Identity and Access Management platform in order to provide enterprise-grade biometrics for secure privileged access. The new service also includes prescriptive analytics. 6 MAR 2019
- Denver-based startup NextHealth Technologies is offering an artificial intelligence (AI)-powered healthcare analytics platform. It has wrapped up a $17 million Series B funding round. The new platform will use prescriptive analytics. 4 MAR 2019
Segments:
Prescriptive Analytics market is segmented on the basis of component, application, deployment, business sector, and vertical.
Prescriptive Analytics by Components:
- Software
- Services
Prescriptive Analytics by Application:
- Operation Management
- Revenue Management
- Network Management
- Supply Chain Management
- Others
Prescriptive Analytics by Deployment:
- On-Cloud
- On Premise
Prescriptive Analytics by Organization Type:
- SME
- Large Business Units
Prescriptive Analytics by Business Sector:
- HR
- Marketing
- Finance
- Operations
- Sales
Prescriptive Analytics by Vertical:
- Manufacturing
- BFSI
- IT/ITES
- Healthcare
- Transportation
- Government
Regional Analysis
The regional analysis of Prescriptive Analytics Market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. The study indicates that North America region is dominating the Prescriptive Analytics Market owing to factors such as increased internet penetration and technological advancements. The study also indicates that cloud deployment is a driving factor for Asia-Pacific region to grow significantly in the prescriptive analytics market by the forecast period. Apart from it the rising adoption of IT services is also driving the prescriptive analytics market.
Intended Audience
- Government Organizations
- Business Analytics Software Providers
- Enterprise users
- Commercial users
- Cloud Service Providers
- IT Service Providers
- Application Design and Software Developers
- Software Vendors
- Industrial users
- Technology investors
- System Integrators
- Research/Consultancy firms
- Independent
Get complete Report @ https://www.marketresearchfuture.com/reports/prescriptive-analytics-market-2613
Table Of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Network Software Solutions
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.1 Introduction
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/prescriptive-analytics-market-2613