The Global Prescriptive Analytics Market was valued at USD 1.25 billion in 2016 and is projected to reach USD 15.05 billion by 2025, growing at a CAGR of 31.85% from 2017 to 2025.
Prescriptive analytics is the other name of business analytics, which includes descriptive and predictive analytics that seek to provide optimal recommendations during a decision making process and determines ways in which business processes should be modified. Benefits of prescriptive analytics include â€" reduced risk, increases revenue, high efficiency, gross margin management, cost reduction, automatic adjustment of sales price, and direct and measurable impact on the return on investment.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing cyber crimes and need for crime prediction and prevention
1.2 Need of advanced business intelligence tools
1.3 Rising investments in big data infrastructure
1.4 Increasing adoption of big data technologies and IoT
1.5 Emergence of real-time accessibility of data for efficient business operations
2. Market Restraints
2.1 Poor knowledge about advanced analytics among the workforce
2.2 Diversity of data models based on business needs
2.3 Poor adoption of advanced analytics technology
2.4 Operational complexities
Market Segmentation:
The Global Prescriptive Analytics Market is segmented on the data type, business function, organization size, component, deployment model, application, vertical, and region.
1. Data Type:
1.1 Structured
1.2 Unstructured
1.3 Semi-structured
2. Business Function:
2.1 Marketing
2.2 Finance
2.3 Operations
2.4 HR
2.5 Sales
3. Organization Size:
3.1 Large Enterprises
3.2 Small and Medium Organizations
4. By Component:
4.1 Software
4.2 Services
4.2.1 Managed services
4.2.2 Professional services
4.2.2.1 Support and maintenance services
4.2.2.2 Consulting services
5. By Deployment Mode:
5.1 Cloud-based
5.2 On-premises
6. By Application:
6.1 Network management
6.2 Risk Management
6.3 Operation Management
6.4 Workforce Management
6.5 Revenue Management
6.6 Supply Chain Management
6.7 Others
7. By Vertical:
7.1 Healthcare
7.2 Government and Defense
7.3 IT and Telecom
7.4 Banking, Financial Services, and Insurance (BFSI)
7.5 Travel and Hospitality
7.6 Retail and e-commerce
7.7 Manufacturing
7.8 Others
8. By Region:
8.1 North America (U.S., Canada, Mexico)
8.2 Europe (Germany, UK, France, Rest of Europe)
8.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
8.4 Latin America (Brazil, Argentina, Rest of Latin America)
8.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. River Logic, Inc.
2. Frontline Systems Inc.
3. IBM Corporation
4. Ngdata
5. Tibco Software Inc.
6. Profitect
7. Angoss Software Corporation
8. Ayata
9. Panoratio
10. FICO
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Prescriptive Analytics Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team
INTRODUCTION OF GLOBAL PRESCRIPTIVE ANALYTICS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL PRESCRIPTIVE ANALYTICS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL PRESCRIPTIVE ANALYTICS MARKET , BY DATA TYPE
5.1 Overview
5.2 Structured
5.3 Unstructured
5.4 Semi-structured
6 GLOBAL PRESCRIPTIVE ANALYTICS MARKET , BY BUSINESS FUNCTION
6.1 Overview
6.2 Marketing
6.3 Finance
6.4 Operations
6.5 HR
6.6 Sales
7 GLOBAL PRESCRIPTIVE ANALYTICS MARKET , BY ORGANIZATION SIZE
7.1 Overview
7.2 Large Enterprises
7.3 Small and Medium Organizations
8 GLOBAL PRESCRIPTIVE ANALYTICS MARKET , BY COMPONENT
8.1 Overview
8.2 Software
8.3 Services
8.3.1 Managed services
8.3.2 Professional services
8.3.2.1 Support and maintenance services
8.3.2.2 Consulting services
9 GLOBAL PRESCRIPTIVE ANALYTICS MARKET , BY DEPLOYMENT MODE
9.1 Overview
9.2 Cloud-based
9.3 On-premises
10 GLOBAL PRESCRIPTIVE ANALYTICS MARKET , BY APPLICATION
10.1 Overview
10.2 Network management
10.3 Risk Management
10.4 Operation Management
10.5 Workforce Management
10.6 Revenue Management
10.7 Supply Chain Management
10.8 Others
11 GLOBAL PRESCRIPTIVE ANALYTICS MARKET , BY VERTICAL
11.1 Overview
11.2 Healthcare
11.3 Government and Defense
11.4 IT and Telecom
11.5 Banking, Financial Services, and Insurance (BFSI)
11.6 Travel and Hospitality
11.7 Retail and e-commerce
11.8 Manufacturing
11.9 Others
12 GLOBAL PRESCRIPTIVE ANALYTICS MARKET , BY GEOGRAPHY
12.1 Overview
12.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
12.2.1 U.S.
12.2.2 Canada
12.2.3 Mexico
12.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
12.3.1 Germany
12.3.2 U.K.
12.3.3 France
12.3.4 Rest of Europe
12.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 Rest of Asia Pacific
12.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
12.5.1 Brazil
12.5.2 Argentina
12.6 Rest of the World Regional Market Estimates and Forecasts, 2012 â€" 2025
13 GLOBAL PRESCRIPTIVE ANALYTICS MARKET COMPETITIVE LANDSCAPE
13.1 Overview
13.2 Company Market Share
13.3 Vendor Landscape
13.4 Key Development Strategies
14 COMPANY PROFILES
14.1 River Logic, Inc.
14.1.1 Overview
14.1.2 Financial Performance
14.1.3 Product Outlook
14.1.4 Key Developments
14.2 Frontline Systems Inc.
14.2.1 Overview
14.2.2 Financial Performance
14.2.3 Product Outlook
14.2.4 Key Developments
14.3 IBM Corporation
14.3.1 Overview
14.3.2 Financial Performance
14.3.3 Product Outlook
14.3.4 Key Developments
14.4 Ngdata
14.4.1 Overview
14.4.2 Financial Performance
14.4.3 Product Outlook
14.4.4 Key Developments
14.5 Tibco Software Inc.
14.5.1 Overview
14.5.2 Financial Performance
14.5.3 Product Outlook
14.5.4 Key Developments
14.6 Profitect
14.6.1 Overview
14.6.2 Financial Performance
14.6.3 Product Outlook
14.6.4 Key Developments
14.7 Angoss Software Corporation
14.7.1 Overview
14.7.2 Financial Performance
14.7.3 Product Outlook
14.7.4 Key Developments
14.8 Ayata
14.8.1 Overview
14.8.2 Financial Performance
14.8.3 Product Outlook
14.8.4 Key Developments
14.9 Panoratio
14.9.1 Overview
14.9.2 Financial Performance
14.9.3 Product Outlook
14.9.4 Key Developments
14.10 FICO
14.10.1 Overview
14.10.2 Financial Performance
14.10.3 Product Outlook
14.10.4 Key Developments
15 Appendix
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