Prescriptive Analytics Market Will Reach at a Highest CAGR of 32.23% by 2026

According to the study it has been observed that most of the businesses are adopting cloud based services due to the numerous facilities that includes real time entities, the remote access and among others.

The study indicated that by the rising cyber security threats, the security concerns related to software solutions segment prescriptive analytics would result as the restraining factor for the Prescriptive Analytics market.It has been observed that continuous developments are carried out to make more advancements to the Prescriptive Analytics.

As per a recent news in August 2016, River cloud partnered with GitaCloud to provide “Planning and Decision Analytics” to various industry verticals such as automotive, pharmaceutical consumer goods, and other manufacturing sectors in the North American and APAC markets.Get Free Sample of Report @ https://www.marketresearchfuture.com/sample_request/2613The Prescriptive Analytics Market is growing rapidly over 22.7% of CAGR and is expected to reach at USD ~2.47 Billion by the end of forecast period.Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report.

Avail the in-depth table of content TOC & market synopsis on “The Prescriptive Analytics Market Research Report -Forecast to 2022”.Key PlayersThe 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.Prescriptive Analytics Market SegmentationThe Prescriptive Analytics market has been segmented on the basis of component, deployment, business sector, organization size, and vertical.

In the services segment consulting services is expected to grow fastest in the prescriptive analytics market.

The study reveals that BFSI sector would grow impressively in the prescriptive analytics market by the forecast period.

This data consists a diverse range of data types such as texts, weblogs, GPS locations, sensor information, graphs, videos, audio and everything online.

Talking about Prescriptive analytics,it can be defined as something that involves bringing out optimal planning decisions given the predicted future and addressing questions such as “what shall be done in this case?” and “why shall it be done?”

In industries like logistics, predictive analysis or analytics is done with respect to operational performance metrics such as delivery service levels and impact analysis of external factors such as exchange rates, fuel prices, and carrier rates.

Other practical applications include collaborative Sales and Operations Planning (S) by connecting statistical forecasting methods for demand planning.

In a recent Crowe Horwath LLP webinar involving bank executives from a broad array of organizations, most of the participants 63 percent of them said that they were interested in moving beyond descriptive and diagnostic data studies.

Source: Crowe Horwath LLP webinar survey, June 29, 2017

Prescriptive Analytics MarketPrescriptive 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) in the market.The major factor elevating the prescriptive analytics market growth is the rising popularity of automated business decisions.

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.The global prescriptive analytics market has been segmented on the basis of application, business sector, component, deployment, vertical and lastly, region.

The application-based segmentation segments this market into network management, operation management, revenue management, supply chain management, and others.Based on the business sector, the market has been segmented into finance, human resources (HR), marketing, operations, and sales.

Predictive analytics solution help banks and financial institutions to capture and analyze the customer data which help in fraud detection, application screening, customer acquisition and retention, understanding the consumer behavior, and feedback management.

Furthermore, the solution also helps in targeted marketing to acquire new customers and liquidity planning according to the past usage pattern such as to predict the potential consumer requirement.

This report on global Prescriptive and Predictive Analytics Market gives a comprehensive view of all market influencing factors including challenges and opportunities ahead.Industry NewsIn March 2018, SAP SE launched the application edition of its predictive analytics software.

The application also offers enterprises with the flexibility to add and modify the models.Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/6845In May 2018, ONYX Insights released an advanced predictive analytics feature integrated to its ONYX fleetMONITOR platform for BP Wind Energy, a wind power producer.

This platform offers operation monitoring for 585 turbines across10 windfarms in the US.

Use of data driven predictive analytics platform offers safe and reliable operations of the wind turbines.Regional AnalysisThe global market predictive analytics is estimated to grow at a significant rate during the forecast period from 2018 to 2023.

Market Analysis The global prescriptive analytics market size is predicted to touch USD 2.47 billion at a 22.7% CAGR between 2015- 2022 states the recent Market Research Future (MRFR) analysis.

As per the current MRFR report, such factors include increasing BYOD trend, the growing importance of mobile enterprise application platform, the proliferation of in-memory computing, data-driven decision-making, and growing demand for comprehensive market analytics solutions among business worldwide for product differentiative solutions.

Additional factors adding market growth include increasing use of adopted devices like smartphones, sensors, and robots, increasing use in smart organizations and production facilities, the advent of the internet of things, emergence of advanced technologies, and demand for real-time analytics.

Market SegmentationThe MRFR report provides an inclusive segmental analysis of the global prescriptive analytics market based on the vertical, business sector, organization type, deployment, application, and component.

By application, the global prescriptive analytics market is segmented into supply chain management, network management, revenue management, operation management, and others.

Report Details @ https://www.marketresearchfuture.com/reports/prescriptive-analytics-market-2613 Regional Analysis Based on the region, the prescriptive analytics market report covers the recent trends and growth opportunities across North America, the Asia Pacific (APAC), Europe, & the Rest of the World (RoW).

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.

the Global predictive and prescriptive analytics market Report offers extensive knowledge and information about the predictive and prescriptive analytics marketpertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends.

The Global predictive and prescriptive analytics market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the predictive and prescriptive analytics market in each key region of the world.The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.

Request to a sample link@https://www.emergenresearch.com/request-sample/490Key Questions Answered in the Report:What is the growth rate of the Companion Diagnostics Market?

What is the anticipated market valuation of predictive and prescriptive analytics marketindustry by 2027?What are the key growth driving and restraining factors of the predictive and prescriptive analytics market?Who are the prominent players operating in the market?

Reports that scrutinize the information and communication technology industry have been offered by Market Research Future, which generates reports on industry verticals that judge the market development and possibilities.

Moreover, the upsurge in cyber-crime is expected to create favorable traction for the prescriptive analytics market in the coming years.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) in the market.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.

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.

Market Size – USD 10.47 Billion in 2020, Market Growth – at a CAGR of 25.4%, Market Trends – Rising government investment in big data.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.A new market assessment report on Predictive and Prescriptive Analytics Market brings to light a detailed statistics on the dramatic shift in the competitive landscape and business environment of the Predictive and Prescriptive Analytics Market for the forecast period 2020 - 2027.

The comprehensive study offers an overview of the current state of development of the business as well as predicts the course of progress across different regions.

A large number of factors including the major driving forces, threats and opportunities are taken into account to present an analytical picture of the industry portrayed in the report.

Read more@ https://www.emergenresearch.com/industry-report/predictive-and-prescriptive-analytics-marketCompetitive LandscapeMicrosoft CorporationOracle CorporationInternational Business Machines CorporationSAP SESAS Institute Inc.com, Inc.Qliktech Inc.Tableau Software, Inc.TIBCO Software Inc.Pegasystems Inc. You Can Download Free Sample PDF Copy of Predictive and Prescriptive Analytics Market at https://www.emergenresearch.com/request-sample/490    Key Objectives of the Report:Analysis and estimation of the Predictive and Prescriptive Analytics Market size and share for the projected period of 2020-2027Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscapeStudy of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Predictive and Prescriptive Analytics MarketAnalysis of the growth prospects for the stakeholders and investors through the study of the promising segmentsStrategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunitiesThank you for reading the report.