According to a new market research report published by Global Insight Services “Prescriptive Analytics Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Prescriptive analytics is a type of advanced analytics that helps organizations make better decisions by taking into account all of the available data and information. This type of analytics goes beyond simply descriptive or predictive analytics, which only give organizations a limited view of what has happened or what could happen in the future. Prescriptive analytics takes into account all of the available data and information, as well as the organization’s goals and constraints, to help organizations make the best possible decisions.
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Key Players
- IBM
- Microsoft
- Salesforce
- SAP
- SAS Institute
- Talend
- FICO
- Ayata
- Altair
Key Trends and Drivers
The prescriptive analytics market is growing at a rapid pace due to the increasing adoption of data-driven decision making by organizations across various industry verticals. The market is being propelled by the need to reduce operational costs, improve process efficiency, and gain a competitive edge over rivals.
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Market Segments
By Component
- Software
- Service
By Deployment Mode
- Cloud
- On-Premises
By Organization Size
- Large enterprises
- Small and medium-sized enterprises
By Application
- Risk Management
- Operation Management
- Revenue Management
- Network Management
- Workforce Management
- Supply Chain Management
- Others
By Business Function
- HR
- Sales
- Marketing
- Finance
- Operation
By Data Type
- Unstructured
- Semi-Structured
- Structured
By Vertical
- BFSI
- Retail and eCommerce
- Media and Entertainment
- Manufacturing
- Travel and Hospitality
- Energy and Utilities
- Telecom and IT
- Transportation and Logistics
- Healthcare and Life Sciences
- Government and Defense
- Others
Reasons to buy Prescriptive Analytics Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
Read More Research Report by Global Insight Services:
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- https://www.marketwatch.com/press-release/amoled-display-market-is-expected-to-witness-incredible-growth-during-2021-2031-key-players-names-samsung-display-lg-display-boe-technology-2022-05-09
About Global Insight Services:
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