Prescriptive Analytics Market Research Report- Global Forecast 2022

Prescriptive Analytics Market Research Report- Global Forecast 2022

ID: MRFR/SEM/1947-HCRR | June, 2018 | Region: Global | 100 pages | Half-Cooked Research Reports

Prescriptive Analytics Market, By Component (Service, Software), By Application (Operation Management, Revenue Management, SCM, Others), By Deployment (On Demand, On Premise), By Organization (SME, LBU), By Business Sector (HR, Marketing, Finance, Operation), By Vertical (BFSI, Healthcare, IT/ Telecom, Manufacturing, Government). - Forecast 2022.



Market Synopsis of Prescriptive Analytics Market:

Market Scenario:
Prescriptive Analytics is a form of advance analytics that is used for making an optimum decisions regarding the way to handle specific situations by considering all the situation and available resources. These analytics work along with predictive analytics that are used to determine the future performance based on the current and the historical data. Prescriptive Analytics are used for taking improved business decisions, despite of uncertainty and changing conditions, and it also help companies determine what action to take. For illustration: prescriptive analytics can be used to evaluate whether a local fire department should require residents to evacuate a particular area when a wildfire is burning in the area. By analyzing these data department can make the optimum decision. 

The study indicates that rising popularity of automated business decisions and massive investments done by various firms helps to expand the addressable market for prescriptive analytics. The increase in cyber-crime results in the huge data loss for an organization, influences the demand of prescriptive analytics. These loss of data in the organization is an increasing concerns due to the growing internet security breaches. Whereas, the emergence of Big Data and IoT and the increasing demand of accessing real time data acts as major driving factor for the growth of prescriptive analytics market. Moreover, the growing demand of machine learning is also promoting the growth of the Prescriptive Analytics market.

The factors hindering the growth of the prescriptive analytics market are the complex analytics workflow and the lack of skilled manpower with advance analytics knowledge. The global market of prescriptive analytics will reach upto 2.47 Billion by the year 2022, and is expected to grow at a CAGR of ~22.7% by the end of the forecasted period.




Study Objectives of Prescriptive Analytics Market:



  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Prescriptive Analytics Market.

  • To provide insights about factors affecting the market growth.

  • To analyze the Prescriptive Analytics Market based porter’s five force analysis etc.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).

  • To provide country level analysis of the market with respect to the current market size and future prospective.

  • To provide country level analysis of the market for segment on the basis of component, application, deployment, business sector and vertical.

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Prescriptive Analytics Market.




Prescriptive Analytics Market


Prescriptive Analytics Market

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.



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





6 Prescriptive Analytics Market, By Segments



6.1 Introduction



6.2 Market Statistics



6.2.1 By Component



6.2.1.1 By Software



6.2.1.2 By Service



6.2.2 By Application



6.2.2.1 Operation Management



6.2.2.2 Revenue Management



6.2.2.3 Network Management



6.2.2.4 Supply Chain Management



6.2.2.5 Others



6.2.3 By Deployment



6.2.3.1 On-Demand



On-Premise



6.2.4 By Business Sector



HR



Marketing



Finance



Operations



Sales



6.2.5 By Vertical



6.2.5.1 Manufacturing



6.2.5.2 BFSI



6.2.5.3 IT/ITES



6.2.5.4 Healthcare



6.2.5.5 Government



6.2.5.6 Transportation



6.2.5.7 Others



6.2.6 By Geography



6.2.6.1 North America



6.2.6.2 Europe



6.2.6.3 Asia-Pacific



6.2.6.4 Rest Of The World





7 Competitive Analysis



7.1 Market Share Analysis



7.2 Company Profiles



7.2.1 Fico (U.S.)



7.2.2 Ayata (U.S.)



7.2.3 IBM Corporation (U.S.)



7.2.4 River Logic, Inc. (U.S.)



7.2.5 Frontline (U.S.)



7.2.6 Profitect (U.S.)



7.2.7 Panoratio (Germany)



7.2.8 Tibco Software (U.S.)



7.2.9 Ngdata (Belgium)



7.2.10 Angoss Software (U.S.)



7.2.11 Others







List Of Tables



Table 1 Prescriptive Analytics Market, By Component



Table 2 Prescriptive Analytics Market, By Application



Table 3 Prescriptive Analytics Market, By Deployment



Table 4 Prescriptive Analytics Market, By Business Sector



Table 5 Prescriptive Analytics Market, By Vertical



Table 6 Prescriptive Analytics Market, By Regions



Table 7 North America Prescriptive Analytics Market, By Component



Table 8 North America Prescriptive Analytics Market, By Application



Table 9 North America Prescriptive Analytics Market, By Deployment



Table 10 North America Prescriptive Analytics Market, By Business Sector



Table 11 North America Prescriptive Analytics Market, By Vertical



Table 12 U.S. Prescriptive Analytics Market, By Component



Table 13 U.S. Prescriptive Analytics Market, By Application



Table 14 U.S. Prescriptive Analytics Market, By Deployment



Table 15 U.S. Prescriptive Analytics Market, By Business Sector



Table 16 U.S. Prescriptive Analytics Market, By Vertical



Table 17 Canada Prescriptive Analytics Market, By Component



Table 18 Canada Prescriptive Analytics Market, By Application



Table 19 Canada Prescriptive Analytics Market, By Deployment



Table 20 Canada Prescriptive Analytics Market, By Business Sector



Table 21 Canada Prescriptive Analytics Market, By Vertical



Table 22 Europe Prescriptive Analytics Market, By Component



Table 23 Europe Prescriptive Analytics Market, By Application



Table 24 Europe Prescriptive Analytics Market, By Deployment



Table 25 Europe Prescriptive Analytics Market, By Business Sector



Table 26



Table 27 Europe Prescriptive Analytics Market, By Vertical



Table 28 Germany Prescriptive Analytics Market, By Component



Table 29 Germany Prescriptive Analytics Market, By Application



Table 30 Germany Prescriptive Analytics Market, By Deployment



Table 31 Germany Prescriptive Analytics Market, By Business Sector



Table 32 Germany Prescriptive Analytics Market, By Vertical



Table 33 France Prescriptive Analytics Market, By Component



Table 34 France Prescriptive Analytics Market, By Application



Table 35 France Prescriptive Analytics Market, By Deployment



Table 36 France Prescriptive Analytics Market, By Business Sector



Table 37 France Prescriptive Analytics Market, By Vertical



Table 38 U.K. Prescriptive Analytics Market, By Component



Table 39 U.K. Prescriptive Analytics Market, By Application



Table 40 U.K. Prescriptive Analytics Market, By Deployment



Table 41 U.K. Prescriptive Analytics Market, By Business Sector



Table 42 U.K. Prescriptive Analytics Market, By Vertical



Table 43 Rest Of Europe Prescriptive Analytics Market, By Component



Table 44 Rest Of Europe Prescriptive Analytics Market, By Application



Table 45 Rest Of Europe Prescriptive Analytics Market, By Deployment



Table 46 Rest Of Europe Prescriptive Analytics Market, By Business Sector



Table 47 Rest Of Europe Prescriptive Analytics Market, By Vertical



Table 48 Asia-Pacific Prescriptive Analytics Market, By Component



Table 49 Asia-Pacific Prescriptive Analytics Market, By Application



Table 50 Asia-Pacific Prescriptive Analytics Market, By Deployment



Table 51 Asia-Pacific Prescriptive Analytics Market, By Business Sector



Table 52 Asia-Pacific Prescriptive Analytics Market, By Vertical



Table 53 Middle East & Africa Prescriptive Analytics Market, By Component



Table 54 Middle East & Africa Prescriptive Analytics Market, By Application



Table 55 Middle East & Africa Prescriptive Analytics Market, By Deployment



Table 56 Middle East & Africa Prescriptive Analytics Market, By Business Sector



Table 57 Middle East & Africa Prescriptive Analytics Market, By Vertical





List Of Figures



Figure 1 Research Prescriptive Analytics



Figure 2 Prescriptive Analytics Market: By Component (%)



Figure 3 Prescriptive Analytics Market: By Application (%)



Figure 4 Prescriptive Analytics Market: By Deployment (%)



Figure 5 Prescriptive Analytics Market: By Business Sector (%)



Figure 6 Prescriptive Analytics Market: By Vertical (%)



Figure 7 Prescriptive Analytics Market: By Region



Figure 8 North America Prescriptive Analytics Market, By Component (%)



Figure 9 North America Prescriptive Analytics Market, By Application (%)



Figure 10 North America Prescriptive Analytics Market, By Deployment (%)



Figure 11 North America Prescriptive Analytics Market, By Business Sector (%)



Figure 12 North America Prescriptive Analytics Market, By Vertical (%)



Figure 13 Europe Prescriptive Analytics Market, By Component (%)



Figure 14 Europe Prescriptive Analytics Market, By Application (%)



Figure 15 Europe Prescriptive Analytics Market, By Deployment (%)



Figure 16 Europe Prescriptive Analytics Market, By Business Sector (%)



Figure 17 Europe Prescriptive Analytics Market, By Vertical (%)



Figure 18 Asia-Pacific Prescriptive Analytics Market, By Component (%)



Figure 19 Asia-Pacific Prescriptive Analytics Market, By Application (%)



Figure 20 Asia-Pacific Prescriptive Analytics Market, By Deployment (%)



Figure 21 Asia-Pacific Prescriptive Analytics Market, By Business Sector (%)



Figure 22 Asia-Pacific Prescriptive Analytics Market, By Vertical (%)



Figure 23 Row Prescriptive Analytics Market, By Component (%)



Figure 24 Row Prescriptive Analytics Market, By Application (%)



Figure 25 Row Prescriptive Analytics Market, By Deployment (%)



Figure 26 Row Prescriptive Analytics Market, By Business Sector (%)



Figure 27 Row Prescriptive Analytics Market, By Vertical (%)