Prescriptive Analytics Global Market – Overview
The global prescriptive analytics market demand is growing with the increasing adoption of advance analytics and the growing adoption of cloud, which are propelling the prescriptive analytics market growth to the large extent. The complex analytics workflow and the lack of skilled manpower with advance analytics knowledge are some of the factors which are hampering the market growth of prescriptive analytics. According to a recent study report published by the Market Research Future, the global market of prescriptive analytics is expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period 2017-2023.
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Industry News:
June 28, 2016– Alteryx, Inc., the leader in self-service data analytics, has announced a new predictive analytics platform that allow data analysts to deliver improved big data analytic performance, and enhance analytic understanding by using a code-free, and intuitive interface.
June 7, 2016 – SAP SE went into strategic partnership with Yandex Data Factory to develop cloud-based predictive analytics services for various sector such as retail, e-commerce, banking and telecommunications sectors.
Key Players
The 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.
Segments:
Prescriptive Analytics market is segmented on the basis of component, application, deployment, business sector, and vertical.
Prescriptive Analytics by Components:
- Software
- Services
Prescriptive Analytics by Application:
- Operation Management
- Revenue Management
- Network Management
- Supply Chain Management
- Others
Prescriptive Analytics by Deployment:
- On-Cloud
- On Premise
Prescriptive Analytics by Organization Type:
- SME
- Large Business Units
Prescriptive Analytics by Business Sector:
- HR
- Marketing
- Finance
- Operations
- Sales
Prescriptive Analytics by Vertical:
- Manufacturing
- BFSI
- IT/ITES
- Healthcare
- Transportation
- Government
Regional Analysis:
The regional analysis of Prescriptive Analytics Market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. The study indicates that North America region is dominating the Prescriptive Analytics Market owing to factors such as increased internet penetration and technological advancements. The study also indicates that cloud deployment is a driving factor for Asia-Pacific region to grow significantly in the prescriptive analytics market by the forecast period. Apart from it the rising adoption of IT services is also driving the prescriptive analytics market.
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Intended Audience
- Government Organizations
- Business Analytics Software Providers
- Enterprise users
- Commercial users
- Cloud Service Providers
- IT Service Providers
- Application Design and Software Developers
- Software Vendors
- Industrial users
- Technology investors
- System Integrators
- Research/Consultancy firms
- Independent
Table Of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Network Software Solutions
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.1 Introduction
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.2 Supply Chain Analysis
Continued…
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