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Global Prescriptive Analytics Industry

ReportLinker
·15 min read

Global Prescriptive Analytics Market to Reach $10. 7 Billion by 2027. Amid the COVID-19 crisis, the global market for Prescriptive Analytics estimated at US$2. 4 Billion in the year 2020, is projected to reach a revised size of US$10.

New York, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Prescriptive Analytics Industry" - https://www.reportlinker.com/p05591563/?utm_source=GNW
7 Billion by 2027, growing at aCAGR of 23.6% over the period 2020-2027. Software, one of the segments analyzed in the report, is projected to record 24.7% CAGR and reach US$7.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 21.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $723 Million, While China is Forecast to Grow at 23% CAGR

The Prescriptive Analytics market in the U.S. is estimated at US$723 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2027 trailing a CAGR of 23% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 21.2% and 20% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 16.5% CAGR.We bring years of research experience to this 15th edition of our report. The 222-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

  • Ayata

  • Compellon

  • Datawatch Corporation

  • Frontline Systems Inc.

  • IBM Corp.

  • NGDATA

  • Profitect Inc.

  • River Logic Inc.

  • SAP SE

  • SAS Institute Inc.

  • TIBCO Software Inc.




Read the full report: https://www.reportlinker.com/p05591563/?utm_source=GNW

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Impact of Covid-19 and a Looming Global Recession
The Power of Business Analytics: A Primer
Recent Market Activity
Analytical Disruption Fuels the Emergence of the Era of
Prescriptive Analytics
Prescriptive Analytics: Market Overview
Prescriptive Analytics Sits on Top of the Analytics Value Tree
Limitations in Conventional BI Put Focus on Prescriptive Analytics
Plethora of Benefits Offered Instigate Robust Opportunities
Typical Impact of Prescriptive Analytics: A Snapshot
Bright Prospects Ahead for Prescriptive Analytics
Major Factors driving Growth
Factors Hindering Growth
Favorable Macro-Economic Scenario Lends Traction to
Prescriptive Analytics Demand
Global Competitor Market Shares
Prescriptive Analytics Competitor Market Share Scenario
Worldwide (in %): 2018 & 2029

2. FOCUS ON SELECT PLAYERS
Ayata (USA)
Compellon (USA)
Datawatch Corporation (USA)
Frontline Systems, Inc. (USA)
IBM Corporation (USA)
NGDATA (Belgium)
Profitect, Inc. (USA)
River Logic, Inc. (USA)
SAP SE (Germany)
SAS Institute, Inc. (USA)
TIBCO Software Inc. (USA)

3. MARKET TRENDS & DRIVERS
Inclination towards Automated Decisions Creates Robust Business
Case for Prescriptive Analytics
Growing Complexity in Decision-Making Tilts Momentum in Favor
of Prescriptive Analytics
Cloud Prescriptive Analytics to Play Pivotal Role in Future
Growth of the Market
Superiority over On-Premise Platforms Generates Interest in
Cloud Prescriptive Analytics
Faster Internet & Higher Bandwidth Spur the Commercial
Feasibility of SaaS Prescriptive Analytics
On-Premise Platforms Remain in Contention
Machine Learning Drives Prescriptive Analytics
Tailored Approaches to Embedding Prescriptive Analytics in
Organizations: A Key Trend Among Insight-Driven Enterprises
Decision-Based Approach Scores over Layer Based Deployment
Strategies
Growing Prominence of Big Data Bodes Well for Prescriptive
Analytics as the Future of Big Data Syntheses
Big Data Projects On the Roll
Why Prescriptive Analytics is the Future of Big Data Synthesis?
Proliferation of IoT to Benefit the Evolution of IoT-Enabled
Prescriptive Analytics
Rise in Cyber Crime & the Need for Crime Prediction &
Prevention to Spur Opportunities for Prescriptive Analytics
Off-the-Shelf Solutions - the Next Major Milestone
Working on Hybrid Data: The Cornerstone of Prescriptive
Analytics Success
Operations Research: A Significant Contributor to Prescriptive
Analytics? Capabilities
Business Process Definition: The Critical Step in Modeling
Prescriptive Analytics Process
Assembling Existing Tools and Services - The Other Ways Round
to Address Resource Needs
Scientific Tools: Critical to Effectiveness of Prescriptive
Analytics
Monte Carlo Simulation in Prescriptive Analytics Help Decision
Making in Uncertainty
Large Enterprises Remain Major Beneficiaries of Prescriptive
Analytics

4. GLOBAL MARKET PERSPECTIVE
Table 1: Prescriptive Analytics Global Market Estimates and
Forecasts in US$ Thousand by Region/Country: 2020-2027

Table 2: Prescriptive Analytics Market Share Shift across Key
Geographies Worldwide: 2020 VS 2027

Table 3: Software (Component) World Market by Region/Country in
US$ Thousand: 2020 to 2027

Table 4: Software (Component) Market Share Breakdown of
Worldwide Sales by Region/Country: 2020 VS 2027

Table 5: Services (Component) Potential Growth Markets
Worldwide in US$ Thousand: 2020 to 2027

Table 6: Services (Component) Market Sales Breakdown by
Region/Country in Percentage: 2020 VS 2027

Table 7: On-Premise (Deployment) Geographic Market Spread
Worldwide in US$ Thousand: 2020 to 2027

Table 8: On-Premise (Deployment) Market Share Distribution in
Percentage by Region/Country: 2020 VS 2027

Table 9: Cloud (Deployment) World Market Estimates and
Forecasts by Region/Country in US$ Thousand: 2020 to 2027

Table 10: Cloud (Deployment) Market Share Breakdown by
Region/Country: 2020 VS 2027

Table 11: Operations (Business Function) World Market by
Region/Country in US$ Thousand: 2020 to 2027

Table 12: Operations (Business Function) Market Share
Distribution in Percentage by Region/Country: 2020 VS 2027

Table 13: Sales (Business Function) World Market Estimates and
Forecasts in US$ Thousand by Region/Country: 2020 to 2027

Table 14: Sales (Business Function) Market Percentage Share
Distribution by Region/Country: 2020 VS 2027

Table 15: Marketing (Business Function) Market Opportunity
Analysis Worldwide in US$ Thousand by Region/Country: 2020 to
2027

Table 16: Marketing (Business Function) Market Share
Distribution in Percentage by Region/Country: 2020 VS 2027

Table 17: Finance (Business Function) World Market by
Region/Country in US$ Thousand: 2020 to 2027

Table 18: Finance (Business Function) Market Share Breakdown of
Worldwide Sales by Region/Country: 2020 VS 2027

Table 19: Human Resources (Business Function) Potential Growth
Markets Worldwide in US$ Thousand: 2020 to 2027

Table 20: Human Resources (Business Function) Market Sales
Breakdown by Region/Country in Percentage: 2020 VS 2027

Table 21: BFSI (Vertical) Demand Potential Worldwide in US$
Thousand by Region/Country: 2020-2027

Table 22: BFSI (Vertical) Share Breakdown Review by
Region/Country: 2020 VS 2027

Table 23: Retail (Vertical) Worldwide Latent Demand Forecasts
in US$ Thousand by Region/Country: 2020-2027

Table 24: Retail (Vertical) Distribution of Global Sales by
Region/Country: 2020 VS 2027

Table 25: Healthcare (Vertical) Sales Estimates and Forecasts
in US$ Thousand by Region/Country for the Years 2020 through
2027

Table 26: Healthcare (Vertical) Global Market Share
Distribution by Region/Country for 2020 and 2027

Table 27: IT & Telecommunications (Vertical) Global Opportunity
Assessment in US$ Thousand by Region/Country: 2020-2027

Table 28: IT & Telecommunications (Vertical) Percentage Share
Breakdown of Global Sales by Region/Country: 2020 VS 2027

Table 29: Manufacturing (Vertical) Worldwide Sales in US$
Thousand by Region/Country: 2020-2027

Table 30: Manufacturing (Vertical) Market Share Shift across
Key Geographies: 2020 VS 2027

Table 31: Energy & Utilities (Vertical) Global Market Estimates &
Forecasts in US$ Thousand by Region/Country: 2020-2027

Table 32: Energy & Utilities (Vertical) Market Share Breakdown
by Region/Country: 2020 VS 2027

Table 33: Transportation & Logistics (Vertical) Demand
Potential Worldwide in US$ Thousand by Region/Country:
2020-2027

Table 34: Transportation & Logistics (Vertical) Share Breakdown
Review by Region/Country: 2020 VS 2027

Table 35: Other Verticals (Vertical) Worldwide Latent Demand
Forecasts in US$ Thousand by Region/Country: 2020-2027

Table 36: Other Verticals (Vertical) Distribution of Global
Sales by Region/Country: 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Prescriptive Analytics Market Share (in %) by Company: 2018 &
2025
Market Analytics
Table 37: United States Prescriptive Analytics Market Estimates
and Projections in US$ Thousand by Component: 2020 to 2027

Table 38: United States Prescriptive Analytics Market Share
Breakdown by Component: 2020 VS 2027

Table 39: Prescriptive Analytics Market in US$ Thousand in the
United States by Deployment: 2020-2027

Table 40: United States Prescriptive Analytics Market Share
Breakdown by Deployment: 2020 VS 2027

Table 41: United States Prescriptive Analytics Market Estimates
and Projections in US$ Thousand by Business Function: 2020 to
2027

Table 42: United States Prescriptive Analytics Market Share
Breakdown by Business Function: 2020 VS 2027

Table 43: United States Prescriptive Analytics Latent Demand
Forecasts in US$ Thousand by Vertical: 2020 to 2027

Table 44: Prescriptive Analytics Market Share Breakdown in the
United States by Vertical: 2020 VS 2027

CANADA
Table 45: Canadian Prescriptive Analytics Market Estimates and
Forecasts in US$ Thousand by Component: 2020 to 2027

Table 46: Prescriptive Analytics Market in Canada: Percentage
Share Breakdown of Sales by Component for 2020 and 2027

Table 47: Prescriptive Analytics Market Analysis in Canada in
US$ Thousand by Deployment: 2020-2027

Table 48: Canadian Prescriptive Analytics Market Share
Breakdown by Deployment: 2020 VS 2027

Table 49: Canadian Prescriptive Analytics Market Estimates and
Forecasts in US$ Thousand by Business Function: 2020 to 2027

Table 50: Prescriptive Analytics Market in Canada: Percentage
Share Breakdown of Sales by Business Function for 2020 and 2027

Table 51: Canadian Prescriptive Analytics Market Quantitative
Demand Analysis in US$ Thousand by Vertical: 2020 to 2027

Table 52: Canadian Prescriptive Analytics Market Share Analysis
by Vertical: 2020 VS 2027

JAPAN
Table 53: Japanese Market for Prescriptive Analytics: Annual
Sales Estimates and Projections in US$ Thousand by Component
for the Period 2020-2027

Table 54: Japanese Prescriptive Analytics Market Share Analysis
by Component: 2020 VS 2027

Table 55: Japanese Medium & Long-Term Outlook for Prescriptive
Analytics Market in US$ Thousand by Deployment: 2020-2027

Table 56: Japanese Prescriptive Analytics Market Percentage
Share Distribution by Deployment: 2020 VS 2027

Table 57: Japanese Market for Prescriptive Analytics: Annual
Sales Estimates and Projections in US$ Thousand by Business
Function for the Period 2020-2027

Table 58: Japanese Prescriptive Analytics Market Share Analysis
by Business Function: 2020 VS 2027

Table 59: Japanese Demand Estimates and Forecasts for
Prescriptive Analytics in US$ Thousand by Vertical: 2020 to
2027

Table 60: Prescriptive Analytics Market Share Shift in Japan by
Vertical: 2020 VS 2027

CHINA
Table 61: Chinese Prescriptive Analytics Market Growth
Prospects in US$ Thousand by Component for the Period 2020-2027

Table 62: Chinese Prescriptive Analytics Market by Component:
Percentage Breakdown of Sales for 2020 and 2027

Table 63: Prescriptive Analytics Market Estimates and Forecasts
in China in US$ Thousand by Deployment: 2020-2027

Table 64: Prescriptive Analytics Market in China: Percentage
Share Analysis by Deployment for 2020 and 2027

Table 65: Chinese Prescriptive Analytics Market Growth
Prospects in US$ Thousand by Business Function for the Period
2020-2027

Table 66: Chinese Prescriptive Analytics Market by Business
Function: Percentage Breakdown of Sales for 2020 and 2027

Table 67: Chinese Demand for Prescriptive Analytics in US$
Thousand by Vertical: 2020 to 2027

Table 68: Chinese Prescriptive Analytics Market Share Breakdown
by Vertical: 2020 VS 2027

EUROPE
Market Facts & Figures
European Prescriptive Analytics Market: Competitor Market Share
Scenario (in %) for 2018 & 2025
Market Analytics
Table 69: European Prescriptive Analytics Market Demand
Scenario in US$ Thousand by Region/Country: 2018-2025

Table 70: European Prescriptive Analytics Market Share Shift by
Region/Country: 2020 VS 2027

Table 71: European Prescriptive Analytics Market Estimates and
Forecasts in US$ Thousand by Component: 2020-2027

Table 72: European Prescriptive Analytics Market Share
Breakdown by Component: 2020 VS 2027

Table 73: European Prescriptive Analytics Market Assessment in
US$ Thousand by Deployment: 2020-2027

Table 74: Prescriptive Analytics Market in Europe: Percentage
Breakdown of Salesby Deployment for 2020 and 2027

Table 75: European Prescriptive Analytics Market Estimates and
Forecasts in US$ Thousand by Business Function: 2020-2027

Table 76: European Prescriptive Analytics Market Share
Breakdown by Business Function: 2020 VS 2027

Table 77: European Prescriptive Analytics Addressable Market
Opportunity in US$ Thousand by Vertical: 2020-2027

Table 78: European Prescriptive Analytics Market Share Analysis
by Vertical: 2020 VS 2027

FRANCE
Table 79: Prescriptive Analytics Market in France by Component:
Estimates and Projections in US$ Thousand for the Period
2020-2027

Table 80: French Prescriptive Analytics Market Share Analysis
by Component: 2020 VS 2027

Table 81: French Prescriptive Analytics Market Estimates and
Projections in US$ Thousand by Deployment: 2020-2027

Table 82: French Prescriptive Analytics Market Share Breakdown
by Deployment: 2020 VS 2027

Table 83: Prescriptive Analytics Market in France by Business
Function: Estimates and Projections in US$ Thousand for the
Period 2020-2027

Table 84: French Prescriptive Analytics Market Share Analysis
by Business Function: 2020 VS 2027

Table 85: Prescriptive Analytics Quantitative Demand Analysis
in France in US$ Thousand by Vertical: 2020-2027

Table 86: French Prescriptive Analytics Market Share Analysis:
A 7-Year Perspective by Vertical for 2020 and 2027

GERMANY
Table 87: Prescriptive Analytics Market in Germany: Recent
Past, Current and Future Analysis in US$ Thousand by Component
for the Period 2020-2027

Table 88: German Prescriptive Analytics Market Share Breakdown
by Component: 2020 VS 2027

Table 89: German Prescriptive Analytics Latent Demand Forecasts
in US$ Thousand by Deployment: 2020-2027

Table 90: German Prescriptive Analytics Market Share Breakdown
by Deployment: 2020 VS 2027

Table 91: Prescriptive Analytics Market in Germany: Recent
Past, Current and Future Analysis in US$ Thousand by Business
Function for the Period 2020-2027

Table 92: German Prescriptive Analytics Market Share Breakdown
by Business Function: 2020 VS 2027

Table 93: Prescriptive Analytics Market in Germany: Annual
Sales Estimates and Forecasts in US$ Thousand by Vertical for
the Period 2020-2027

Table 94: Prescriptive Analytics Market Share Distribution in
Germany by Vertical: 2020 VS 2027

ITALY
Table 95: Italian Prescriptive Analytics Market Growth
Prospects in US$ Thousand by Component for the Period 2020-2027

Table 96: Italian Prescriptive Analytics Market by Component:
Percentage Breakdown of Sales for 2020 and 2027

Table 97: Prescriptive Analytics Market Estimates and Forecasts
in Italy in US$ Thousand by Deployment: 2020-2027

Table 98: Prescriptive Analytics Market in Italy: Percentage
Share Analysis by Deployment for 2020 and 2027

Table 99: Italian Prescriptive Analytics Market Growth
Prospects in US$ Thousand by Business Function for the Period
2020-2027

Table 100: Italian Prescriptive Analytics Market by Business
Function: Percentage Breakdown of Sales for 2020 and 2027

Table 101: Italian Demand for Prescriptive Analytics in US$
Thousand by Vertical: 2020 to 2027

Table 102: Italian Prescriptive Analytics Market Share
Breakdown by Vertical: 2020 VS 2027

UNITED KINGDOM
Table 103: United Kingdom Market for Prescriptive Analytics:
Annual Sales Estimates and Projections in US$ Thousand by
Component for the Period 2020-2027

Table 104: United Kingdom Prescriptive Analytics Market Share
Analysis by Component: 2020 VS 2027

Table 105: United Kingdom Medium & Long-Term Outlook for
Prescriptive Analytics Market in US$ Thousand by Deployment:
2020-2027

Table 106: United Kingdom Prescriptive Analytics Market
Percentage Share Distribution by Deployment: 2020 VS 2027

Table 107: United Kingdom Market for Prescriptive Analytics:
Annual Sales Estimates and Projections in US$ Thousand by
Business Function for the Period 2020-2027

Table 108: United Kingdom Prescriptive Analytics Market Share
Analysis by Business Function: 2020 VS 2027

Table 109: United Kingdom Demand Estimates and Forecasts for
Prescriptive Analytics in US$ Thousand by Vertical: 2020 to
2027

Table 110: Prescriptive Analytics Market Share Shift in the
United Kingdom by Vertical: 2020 VS 2027

REST OF EUROPE
Table 111: Rest of Europe Prescriptive Analytics Market
Estimates and Forecasts in US$ Thousand by Component: 2020-2027

Table 112: Rest of Europe Prescriptive Analytics Market Share
Breakdown by Component: 2020 VS 2027

Table 113: Rest of Europe Prescriptive Analytics Market
Assessment in US$ Thousand by Deployment: 2020-2027

Table 114: Prescriptive Analytics Market in Rest of Europe:
Percentage Breakdown of Sales by Deployment for 2020 and 2027

Table 115: Rest of Europe Prescriptive Analytics Market
Estimates and Forecasts in US$ Thousand by Business Function:
2020-2027

Table 116: Rest of Europe Prescriptive Analytics Market Share
Breakdown by Business Function: 2020 VS 2027

Table 117: Rest of Europe Prescriptive Analytics Addressable
Market Opportunity in US$ Thousand by Vertical: 2020-2027

Table 118: Rest of Europe Prescriptive Analytics Market Share
Analysis by Vertical: 2020 VS 2027

ASIA-PACIFIC
Table 119: Prescriptive Analytics Market in Asia-Pacific by
Component: Estimates and Projections in US$ Thousand for the
Period 2020-2027

Table 120: Asia-Pacific Prescriptive Analytics Market Share
Analysis by Component: 2020 VS 2027

Table 121: Asia-Pacific Prescriptive Analytics Market Estimates
and Projections in US$ Thousand by Deployment: 2020-2027

Table 122: Asia-Pacific Prescriptive Analytics Historic Market
Analysis in US$ Thousand by Deployment: 2020 VS 2027

Table 123: Prescriptive Analytics Market in Asia-Pacific by
Business Function: Estimates and Projections in US$ Thousand
for the Period 2020-2027

Table 124: Asia-Pacific Prescriptive Analytics Market Share
Analysis by Business Function: 2020 VS 2027

Table 125: Prescriptive Analytics Quantitative Demand Analysis
in Asia-Pacific in US$ Thousand by Vertical: 2020-2027

Table 126: Asia-Pacific Prescriptive Analytics Market Share
Analysis: A 7-Year Perspectiveby Vertical for 2020 and 2027

REST OF WORLD
Table 127: Rest of World Prescriptive Analytics Market
Estimates and Forecasts in US$ Thousand by Component: 2020 to
2027

Table 128: Prescriptive Analytics Market in Rest of World:
Percentage Share Breakdown of Sales by Component for 2020 and
2027

Table 129: Prescriptive Analytics Market Analysis in Rest of
World in US$ Thousand by Deployment: 2020-2027

Table 130: Rest of World Prescriptive Analytics Market Share
Breakdown by Deployment: 2020 VS 2027

Table 131: Rest of World Prescriptive Analytics Market
Estimates and Forecasts in US$ Thousand by Business Function:
2020 to 2027

Table 132: Prescriptive Analytics Market in Rest of World:
Percentage Share Breakdown of Sales by Business Function for
2020 and 2027

Table 133: Rest of World Prescriptive Analytics Market
Quantitative Demand Analysis in US$ Thousand by Vertical: 2020
to 2027

Table 134: Rest of World Prescriptive Analytics Market Share
Analysis by Vertical: 2020 VS 2027

IV. COMPETITION
Total Companies Profiled: 48
Read the full report: https://www.reportlinker.com/p05591563/?utm_source=GNW

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