Global Prescriptive and Predictive Analytics market accounted for $5.72 billion in 2017 and is expected to reach $28.71 billion by 2026 growing at a CAGR of 19.6% during the forecast period
Some of the key factors influencing the market growth include growth in demand for global consumer goods, need for comprehensive market analytics and increasing demand for cloud-based predictive analytics. However, data privacy and security concerns are restricting the market growth.
Predictive analytics is the practice of extracting information from existing data. It helps users determine and understand the buying patterns of customers, and predict future trends for an organization. Prescriptive analytics is another branch of advanced analytics, dedicated to obtaining the best course of action for a presented situation.
Amongst end user industries, the retail segment has a significant growth during the forecast period due to increasing competition, a wide array of product offerings, multiple touch points for customers, and increasing customer complexities enable retailers to use analytics. Retail Analytics helps firms target and reach out to new customers, forecast store traffic, and prevent theft and fraud.
By Geography, Asia Pacific is expected to grow at the significant market share during the forecast period. Globally emerging countries such as India and China constitute the growth of the consumer goods market due to the high penetration of internet and rapid urbanization.
What the report offers:
Market share assessments for the regional and country level segments
Strategic recommendations for the new entrants
Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface 2.1 Abstract 2.2 Stake Holders 2.3 Research Scope 2.4 Research Methodology 2.5 Research Sources
3 Market Trend Analysis 3.1 Introduction 3.2 Drivers 3.3 Restraints 3.4 Opportunities 3.5 Threats 3.6 Application Analysis 3.7 End Use Industry Analysis 3.8 Emerging Markets 3.9 Futuristic Market Scenario
4 Porters Five Force Analysis 4.1 Bargaining power of suppliers 4.2 Bargaining power of buyers 4.3 Threat of substitutes 4.4 Threat of new entrants 4.5 Competitive rivalry
5 Global Prescriptive and Predictive Analytics Market, By Software-System 5.1 Introduction 5.2 Customer Relationship Management 5.3 Decision Support Systems 5.4 Fraud Detection Systems 5.5 Data-Mining 5.6 Performance Management Systems 5.7 Risk Assessment and Management Systems
6 Global Prescriptive and Predictive Analytics Market, By Delivery 6.1 Introduction 6.2 Cloud Based 6.3 On-Site
7 Global Prescriptive and Predictive Analytics Market, By Type 7.1 Introduction 7.2 Behavioral Analytics 7.3 Marketing Analytics 7.4 Talent Analytics 7.5 Collection Analytics 7.6 Supply-Chain Analytics 7.7 Other Types
8 Global Prescriptive and Predictive Analytics Market, By Application 8.1 Introduction 8.2 Finance 8.3 Marketing & Sales 8.4 Manufacturing 8.5 Operations Management 8.5.1 Distribution Management 8.5.2 Inventory Planning 8.5.3 Other Operation Managements 8.6 Supply-Chain Management 8.7 Human Resource
9 Global Prescriptive and Predictive Analytics Market, By End Use Industry 9.1 Introduction 9.2 Healthcare & Pharmaceutical 9.3 Information Technology & Telecommunication 9.4 Banking, Financial Services and Insurance (BFSI) 9.5 Retail 9.6 Social Media & Entertainment 9.7 Government & Defense 9.8 Industrial 9.8.1 Automotive 9.8.2 Energy & Utilities 9.8.3 Mining 9.8.4 Chemistry 9.9 Other End Use Industries 9.9.1 Logistics 9.9.2 Gaming 9.9.3 Travel & Hospitality 9.9.4 Sports 9.9.5 Agriculture 9.9.6 Public Sector
10 Global Prescriptive and Predictive Analytics Market, By Geography 10.1 Introduction 10.2 North America 10.2.1 US 10.2.2 Canada 10.2.3 Mexico 10.3 Europe 10.3.1 Germany 10.3.2 UK 10.3.3 Italy 10.3.4 France 10.3.5 Spain 10.3.6 Rest of Europe 10.4 Asia Pacific 10.4.1 Japan 10.4.2 China 10.4.3 India 10.4.4 Australia 10.4.5 New Zealand 10.4.6 South Korea 10.4.7 Rest of Asia Pacific 10.5 South America 10.5.1 Argentina 10.5.2 Brazil 10.5.3 Chile 10.5.4 Rest of South America 10.6 Middle East & Africa 10.6.1 Saudi Arabia 10.6.2 UAE 10.6.3 Qatar 10.6.4 South Africa 10.6.5 Rest of Middle East & Africa
11 Key Developments 11.1 Agreements, Partnerships, Collaborations and Joint Ventures 11.2 Acquisitions & Mergers 11.3 New Product Launch 11.4 Expansions 11.5 Other Key Strategies
12 Company Profiling 12.1 Salesforce.com 12.2 IBM Corporation 12.3 Accenture PLC 12.4 Versium Inc. 12.5 Oracle Corporation 12.6 Angoss Software Corporation 12.7 TIBCO 12.8 SAP SE 12.9 Angoss Software 12.10 Microsoft Corporation 12.11 Alteryx 12.12 Infor Inc. 12.13 SAS Institute Inc. 12.14 Zemantis 12.15 Teradata Corporation 12.16 Tableau 12.17 PegaSystems