Future Market Insights
Prescriptive analytics market is rapidly growing across the globe, as there is rise in data discovery tools, innovation in data preparation tools, evolution in business oriented social networks and easy access to multi structured data. Many enterprises are adopting this solution to make better decisions and have greater control on business application. Prescriptive analytics finds the best path of action for the given situation for enterprises. It also takes structured and unstructured data, to prescribe how to take advantage of this predicted data for business future outcomes. Prescriptive analytics helps the enterprises in decision making based on past and projected scenarios. In addition to that, prescriptive analytics solutions enable enterprises for efficiency and also reduce overall operational costs.
Prescriptive AnalyticsMarket: Drivers and Challenges
The major driver for Prescriptive Analytics Market is development in advanced technologies such as Internet of Thing (IoT) and big data and rising status of real time accessibility of data for effective business applications has powered the growth of prescriptive analytics market.
However, high cost of investment, complex analytical workflow, data integrity and safety concerns and lack of trained professional is restraining the prescriptive analytics market.
Prescriptive AnalyticsMarket: Segmentation
Segmentation on the basis of deployment:
Segmentation on the basis of application:
Supply Chain Management
Segmentation on the basis of industry:
IT and Telecommunications
Transportation and Logistics
Defense and Government
Energy and Utilities
Prescriptive AnalyticsMarket: key players
Some of the key players for Prescriptive Analytics Market are Ayata, Frontline Systems, Inc., IBM Corporation, Profitect, Inc., River Logic, Inc., SAP SE, SAS Institute, Inc., TIBCO Software Inc.
Prescriptive AnalyticsMarket: Regional Overview
Prescriptive Analytics Market is currently dominated by North America due to the technological advancements in this region.Asia Pacific Prescriptive Analytics Market is expected to have the highest growth rate during the forecast period.
Prescriptive Analytics Market Segments
Prescriptive Analytics Market Dynamics
Historical Actual Market Size, 2013 - 2015
Prescriptive Analytics Market Size & Forecast 2017 to 2027
Prescriptive Analytics Market Current Trends/Issues/Challenges
Competition & Companies involved
Prescriptive Analytics Market Drivers and Restraints
Regional analysis for Critical Infrastructure Protection Market includes development of these systems in the following regions:
Australia and New Zealand (ANZ)
Rest of Asia Pacific
Middle East and Africa
Other Middle East
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
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