Global Predictive and Prescriptive Analytics Market is expected to grow at a CAGR of 16.5% during the forecast period, from 2021 to 2030. The market is driven by the need for predictive analytics in various industries such as defense and aerospace sector, intelligence organizations, agriculture, retail sector, educational organizations, healthcare and transportation and logistics. The increasing demand for predictive analytics in various industries has led to an increase in investments by governments across the globe. The global predictive and prescriptive analytics market is segmented on the basis of type into software and service; on the basis of application into defense & aerospace sector, intelligence organization, agriculture retail sector educational organizations healthcare transportation & logistics; on the basis of region into North America Latin America Europe Asia Pacific Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- Predictive analytics is a subset of business intelligence that uses statistical and mathematical techniques to predict future outcomes.
- Predictive analytics can be used to forecast customer behavior, identify risks, and make better decisions about the allocation of resources.
- Prescriptive analytics is a subset of predictive analytics that uses data-driven insights to recommend actions for improving performance or achieving goals.
- The market for predictive and prescriptive analytics is expected to grow from $5 billion in 2013 to $8 billion by 2018.
- The market growth factors are the increasing need for accurate predictions due to the complexity of modern business environments.
Industry Growth Insights published a new data on “Predictive and Prescriptive Analytics Market”. The research report is titled “Predictive and Prescriptive Analytics Market research by Types (Software, Service, Predictive and Prescriptive Analytic), By Applications (Defense and aerospace sector, Intelligence organization, Agriculture, Retail sector, Educational organizations, Healthcare, Transportation and logistics), By Players/Companies Salesforce, SAS Institute, IBM, SAP AG, Oracle, Angoss Software, Teradata, Microsoft, Accenture, Predictive and Prescriptive Analytic”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Predictive and Prescriptive Analytics Market Research Report
By Type
Software, Service, Predictive and Prescriptive Analytic
By Application
Defense and aerospace sector, Intelligence organization, Agriculture, Retail sector, Educational organizations, Healthcare, Transportation and logistics
By Companies
Salesforce, SAS Institute, IBM, SAP AG, Oracle, Angoss Software, Teradata, Microsoft, Accenture, Predictive and Prescriptive Analytic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Predictive and Prescriptive Analytics Market Report Segments:
The global Predictive and Prescriptive Analytics market is segmented on the basis of:
Types
Software, Service, Predictive and Prescriptive Analytic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Defense and aerospace sector, Intelligence organization, Agriculture, Retail sector, Educational organizations, Healthcare, Transportation and logistics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Salesforce
- SAS Institute
- IBM
- SAP AG
- Oracle
- Angoss Software
- Teradata
- Microsoft
- Accenture
- Predictive and Prescriptive Analytic
Highlights of The Predictive and Prescriptive Analytics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Service
- Predictive and Prescriptive Analytic
- By Application:
- Defense and aerospace sector
- Intelligence organization
- Agriculture
- Retail sector
- Educational organizations
- Healthcare
- Transportation and logistics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Predictive and Prescriptive Analytics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Predictive analytics is the use of data and algorithms to make predictions about future events or behavior. Prescriptive analytics is the use of data and algorithms to prescribe actions that should be taken in order to achieve a desired outcome.
Some of the key players operating in the predictive and prescriptive analytics market are Salesforce, SAS Institute, IBM, SAP AG, Oracle, Angoss Software, Teradata, Microsoft, Accenture, Predictive and Prescriptive Analytic.
The predictive and prescriptive analytics market is expected to grow at a compound annual growth rate of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Predictive and Prescriptive Analytics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Predictive and Prescriptive Analytics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Predictive and Prescriptive Analytics Market - Supply Chain
4.5. Global Predictive and Prescriptive Analytics Market Forecast
4.5.1. Predictive and Prescriptive Analytics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Predictive and Prescriptive Analytics Market Size (000 Units) and Y-o-Y Growth
4.5.3. Predictive and Prescriptive Analytics Market Absolute $ Opportunity
5. Global Predictive and Prescriptive Analytics Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Predictive and Prescriptive Analytics Market Size and Volume Forecast by Type
5.3.1. Software
5.3.2. Service
5.3.3. Predictive and Prescriptive Analytic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Predictive and Prescriptive Analytics Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Predictive and Prescriptive Analytics Market Size and Volume Forecast by Application
6.3.1. Defense and aerospace sector
6.3.2. Intelligence organization
6.3.3. Agriculture
6.3.4. Retail sector
6.3.5. Educational organizations
6.3.6. Healthcare
6.3.7. Transportation and logistics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Predictive and Prescriptive Analytics Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Predictive and Prescriptive Analytics Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Predictive and Prescriptive Analytics Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Predictive and Prescriptive Analytics Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Predictive and Prescriptive Analytics Demand Share Forecast, 2019-2026
9. North America Predictive and Prescriptive Analytics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Predictive and Prescriptive Analytics Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Predictive and Prescriptive Analytics Market Size and Volume Forecast by Application
9.4.1. Defense and aerospace sector
9.4.2. Intelligence organization
9.4.3. Agriculture
9.4.4. Retail sector
9.4.5. Educational organizations
9.4.6. Healthcare
9.4.7. Transportation and logistics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Predictive and Prescriptive Analytics Market Size and Volume Forecast by Type
9.7.1. Software
9.7.2. Service
9.7.3. Predictive and Prescriptive Analytic
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Predictive and Prescriptive Analytics Demand Share Forecast, 2019-2026
10. Latin America Predictive and Prescriptive Analytics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Predictive and Prescriptive Analytics Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Predictive and Prescriptive Analytics Market Size and Volume Forecast by Application
10.4.1. Defense and aerospace sector
10.4.2. Intelligence organization
10.4.3. Agriculture
10.4.4. Retail sector
10.4.5. Educational organizations
10.4.6. Healthcare
10.4.7. Transportation and logistics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Predictive and Prescriptive Analytics Market Size and Volume Forecast by Type
10.7.1. Software
10.7.2. Service
10.7.3. Predictive and Prescriptive Analytic
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Predictive and Prescriptive Analytics Demand Share Forecast, 2019-2026
11. Europe Predictive and Prescriptive Analytics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Predictive and Prescriptive Analytics Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Predictive and Prescriptive Analytics Market Size and Volume Forecast by Application
11.4.1. Defense and aerospace sector
11.4.2. Intelligence organization
11.4.3. Agriculture
11.4.4. Retail sector
11.4.5. Educational organizations
11.4.6. Healthcare
11.4.7. Transportation and logistics
11.5. Basis Point Share (BPS) Analysis by Application
116. Y-o-Y Growth Projections by Application
11.7. Europe Predictive and Prescriptive Analytics Market Size and Volume Forecast by Type
11.7.1. Software
11.7.2. Service
11.7.3. Predictive and Prescriptive Analytic
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Predictive and Prescriptive Analytics Demand Share, 2019-2026
12. Asia Pacific Predictive and Prescriptive Analytics Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Predictive and Prescriptive Analytics Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Predictive and Prescriptive Analytics Market Size and Volume Forecast by Application
12.4.1. Defense and aerospace sector
12.4.2. Intelligence organization
12.4.3. Agriculture
12.4.4. Retail sector
12.4.5. Educational organizations
12.4.6. Healthcare
12.4.7. Transportation and logistics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Predictive and Prescriptive Analytics Market Size and Volume Forecast by Type
12.7.1. Software
12.7.2. Service
12.7.3. Predictive and Prescriptive Analytic
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Predictive and Prescriptive Analytics Demand Share, 2019-2026
13. Middle East & Africa Predictive and Prescriptive Analytics Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Predictive and Prescriptive Analytics Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Predictive and Prescriptive Analytics Market Size and Volume Forecast by Application
13.4.1. Defense and aerospace sector
13.4.2. Intelligence organization
13.4.3. Agriculture
13.4.4. Retail sector
13.4.5. Educational organizations
13.4.6. Healthcare
13.4.7. Transportation and logistics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Predictive and Prescriptive Analytics Market Size and Volume Forecast by Type
13.7.1. Software
13.7.2. Service
13.7.3. Predictive and Prescriptive Analytic
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Predictive and Prescriptive Analytics Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Predictive and Prescriptive Analytics Market: Market Share Analysis
14.2. Predictive and Prescriptive Analytics Distributors and Customers
14.3. Predictive and Prescriptive Analytics Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Salesforce
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SAS Institute
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. IBM
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SAP AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Oracle
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Angoss Software
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Teradata
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Microsoft
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Accenture
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Predictive and Prescriptive Analytic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
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