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.

The study draws a forecast of the growth of the predictive and prescriptive analytics market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.

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The report studies the impact of the COVID-19 pandemic on the Predictive and Prescriptive Analytics market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.

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The report further divides the Predictive and Prescriptive Analytics market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Predictive and Prescriptive Analytics market.

Key companies profiled in the report 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

Regional Analysis:

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

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Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Predictive and Prescriptive Analytics market?

What are the key product types and applications of the Predictive and Prescriptive Analytics industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the Predictive and Prescriptive Analytics market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

What will be the valuation of the Predictive and Prescriptive Analytics Market by 2027?

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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