According to Planet Market Reports, The Global Prescriptive Analytics market was valued at USD 1.92 Billion in 2018 and is projected to reach USD 17.17 Billion by 2026, growing at a CAGR of 31.5from 2019 to 2026.
The latest survey on Global Prescriptive Analytics Market is conducted covering various organizations of the industry from different geographies to come up with a 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition are facing along with gap analysis and new opportunity available and trend in the Prescriptive Analytics Market. The report bridges the historical data from 2013 to 2018 and forecasted till 2026. The report aims to present the analysis of Global Prescriptive Analytics Market, By Service, By End-Use, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities.
What are Prescriptive Analytics?
Prescriptive analytics is an area of business analytics which helps to find the best course of action for a given situation. It is an analytical tool which is related to both descriptive and predictive analysis. In business analysis, it helps not only to anticipate what will happen and when it will happen, but also why it will happen. Furthermore, it helps to suggest decision options, mitigate future risk and take in new data to re-predict and re-prescribe better decision options.
Global Prescriptive Analytics Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Planet Market Reports narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Prescriptive Analytics Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
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Global Prescriptive Analytics Market Competitive Landscape
The “Global Prescriptive Analytics Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Angoss Software Corporation, Ayata, FICO, Frontline Systems Inc., IBM Corporation, Ngdata, Panoratio, Profitect, River Logic, Inc., and Tibco Software Inc. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
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