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Prescriptive analytics is the area of business analytics (BA) dedicated to finding the best course of action for a given situation. Prescriptive analytics is related to both descriptive and predictive analytics.
The market in North America is expected to hold the largest share of the market. The APAC region is projected to have great opportunities in this market and would grow at the highest CAGR by 2023.
Market Analysis and Insights: Global Prescriptive Analytics Market
In 2019, the global Prescriptive Analytics market size was US$ 1043.4 million and it is expected to reach US$ 2457.6 million by the end of 2026, with a CAGR of 12.9% during 2021-2026.
Global Prescriptive Analytics Scope and Market Size
Prescriptive Analytics market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Prescriptive Analytics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Prescriptive Analytics market is segmented into Software, Services, etc.
Segment by Application, the Prescriptive Analytics market is segmented into Healthcare and life sciences, BFSI, IT and Telecommunication, Media and Entertainment, Manufacturing, Transportation and logistics, Others, etc.
Regional and Country-level Analysis
The Prescriptive Analytics market is analysed and market size information is provided by regions (countries).
The key regions covered in the Prescriptive Analytics market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
Prescriptive Analytics market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Prescriptive Analytics business, the date to enter into the Prescriptive Analytics market, Prescriptive Analytics product introduction, recent developments, etc.
The major vendors include IBM, FICO, Ayata, River Logic, Angoss Software, Profitect, Tibco Software, Frontline Systems, Ngdata, Panoratio, etc.
This report focuses on the global Prescriptive Analytics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Prescriptive Analytics development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
IBM
FICO
Ayata
River Logic
Angoss Software
Profitect
Tibco Software
Frontline Systems
Ngdata
Panoratio
Software
Services
Healthcare and life sciences
BFSI
IT and Telecommunication
Media and Entertainment
Manufacturing
Transportation and logistics
Others
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
To analyze global Prescriptive Analytics status, future forecast, growth opportunity, key market and key players.
To present the Prescriptive Analytics development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Prescriptive Analytics are as follows:
History Year: 2015-2019
2019
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
The market in North America is expected to hold the largest share of the market. The APAC region is projected to have great opportunities in this market and would grow at the highest CAGR by 2023.
Market Analysis and Insights: Global Prescriptive Analytics Market
In 2019, the global Prescriptive Analytics market size was US$ 1043.4 million and it is expected to reach US$ 2457.6 million by the end of 2026, with a CAGR of 12.9% during 2021-2026.
Global Prescriptive Analytics Scope and Market Size
Prescriptive Analytics market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Prescriptive Analytics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Prescriptive Analytics market is segmented into Software, Services, etc.
Segment by Application, the Prescriptive Analytics market is segmented into Healthcare and life sciences, BFSI, IT and Telecommunication, Media and Entertainment, Manufacturing, Transportation and logistics, Others, etc.
Regional and Country-level Analysis
The Prescriptive Analytics market is analysed and market size information is provided by regions (countries).
The key regions covered in the Prescriptive Analytics market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
Competitive Landscape
and Prescriptive Analytics Market Share AnalysisPrescriptive Analytics market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Prescriptive Analytics business, the date to enter into the Prescriptive Analytics market, Prescriptive Analytics product introduction, recent developments, etc.
The major vendors include IBM, FICO, Ayata, River Logic, Angoss Software, Profitect, Tibco Software, Frontline Systems, Ngdata, Panoratio, etc.
This report focuses on the global Prescriptive Analytics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Prescriptive Analytics development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
The key players covered in this study
IBM
FICO
Ayata
River Logic
Angoss Software
Profitect
Tibco Software
Frontline Systems
Ngdata
Panoratio
Market segment by Type, the product can be split into
Software
Services
Market segment by Application, split into
Healthcare and life sciences
BFSI
IT and Telecommunication
Media and Entertainment
Manufacturing
Transportation and logistics
Others
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Prescriptive Analytics status, future forecast, growth opportunity, key market and key players.
To present the Prescriptive Analytics development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Prescriptive Analytics are as follows:
History Year: 2015-2019
Base Year:
2019Estimated Year:
2020Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
