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Information and Communication Technology Prescriptive Analytics Market

Market Definition

Both descriptive and predictive analytics are related to prescriptive analytics. Prescriptive analytics strives to discover the optimal solution or outcome among multiple options, given the available parameters, whereas descriptive analytics aims to provide insight into what has happened and predictive analytics helps model and anticipate what might happen. Prescriptive analytics, on the other hand, is not immune to the same flaws that can derail descriptive and predictive analytics, such as data restrictions and unaccounted-for external variables. Prescriptive analytics' performance is also determined by how well the decision model represents the impact of the decisions under consideration.

Any technique to data mining that focuses on prediction is referred to as predictive analytics (rather than description, classification or clustering). Prescriptive analytics is a type of advanced analytics that looks at data or content and uses techniques like graph analysis, simulation, complicated event processing, neural networks, recommendation engines, heuristics, and machine learning to do so.

The Prescriptive Analytics market report provides geographic analysis covering regions, such as North America, Europe, Asia Pacific, and Rest of the World. The  Prescriptive Analytics market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

 Report Scope

The global market report scope consists of a comprehensive study covering primary factors impacting the industry trends. The study includes analysis of regional and country-level market dynamics. The scope also consists of competitive overview offering company market shares coupled with company profiles for key revenue contributing companies. The report scope covers a detailed competitive outlook covering market shares and profiles of key participants in the market share.

Major Market Players

This report offers the major market player’s profiles, such as  Fair, Isaac and Company (FICO), IBM Corporation, Infor, Oracle Corporation, River Logic, Inc., Salesforce.com Inc, SAP SE, SAS Institute Inc., Teradata Corporation, and Tibco Software Inc.

The Prescriptive Analytics Market report has been categorized as below

By Component

  • Software

  • Service

    • Professional Service

    • Managed Service

By Data Type

  • Unstructured Data

  • Semi-Structured Data

  • Structured Data

By Business Functions

  • Human resources (HR)

  • Marketing

  • Sales

  • Finance

  • Operations

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of World

The years considered for the study are as follows:

      Base year - 2020

      Estimated year - 2021

      Projected year – 2022

      Forecast period - 2021 to 2027

Key Questions Addressed by the Report

      New products/service competitors are exploring?

      Key players in the Prescriptive Analytics Market and how extreme is the competition?

      What are the future market trends that manufacturers are emphasizing on in the future updates?

      For each segment, what are the crucial opportunities in the market?

      What are the key growth strategies embraced by key market players in the market?

      What are the key success strategies adopted by major competitors in the market?

Why Buy this Report:

      Obtain comprehensive insights on the Prescriptive Analytics market trends

      Note comprehensive analysis of the market status

      Identifies the market opportunities and growth segments

      Assessing business segments & product portfolios, and explain competitive dynamics

      Provide strategy planning and industry dynamics to strengthen decision making

Report Content

1. Global Prescriptive Analytics Market Introduction

1.1. Key Insights

1.2. Report Overview

1.3. Markets Covered

1.4. Stakeholders

2. Research Methodology

2.1. Research Scope

2.2. Market Research Process

2.3. Research Data Analysis

2.4. Market Size Estimation

3. Executive Summary 

4. Market Overview

4.1. Introduction

4.2. Market Drivers and Restraints

5. By Component

5.1. Software

5.2. Service

5.3. Professional Service

5.4. Managed Service

6. By Data Type

6.1. Unstructured Data

6.2. Semi-Structured Data

6.3. Structured Data

7. By Business Functions

7.1. Human resources (HR)

7.2. Marketing

7.3. Sales

7.4. Finance

7.5. Operations

8. By Region

8.1. Key Points

8.2. North America

8.3. Europe

8.4. Asia Pacific

8.5. Rest of the World

10. Company Profile

(Profile contain company overview, products/services, financials & recent developments)

10.1. Fair

10.2. Isaac and Company (FICO)

10.3. IBM Corporation

10.4. Infor

10.5. Oracle Corporation

10.6. River Logic, Inc., 

10.7. Salesforce.com Inc

10.8. SAP SE

10.9. SAS Institute Inc.

10.10. Teradata Corporation

10.11. Tibco Software Inc.

The Prescriptive Analytics Market report has been categorized as below

By Component

  • Software

  • Service

    • Professional Service

    • Managed Service

By Data Type

  • Unstructured Data

  • Semi-Structured Data

  • Structured Data

By Business Functions

  • Human resources (HR)

  • Marketing

  • Sales

  • Finance

  • Operations

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of World

Licence Option
  • Single 1500 USD
  • Multiple 3500 USD

  • Global
  • 150
  • Report

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