Global Prescriptive Analytics Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028

Stratistics MRC's Global Prescriptive Analytics Market value is expected to reach $19.7 billion growing at a CAGR of 22.0% during 2022-2028.

Prescriptive analytics is a method for making decisions regarding the results of company operations. Prescriptive analytics is used in a variety of businesses to improve business operations by maximising trade-offs between objectives like costs or customer service, to boost customer satisfaction, and to identify first-in-market possibilities by using big data. Prescriptive analytics is a system that uses practices and methods including descriptive, diagnostic, and predictive analytics to predict potential outcomes for a given circumstance. Prescriptive analytics typically offers insights such as data on potential outcomes, prior results, and available resources and recommends a course of action or strategy that must be implemented or modified. Moreover, prescriptive analytics not only forecasts potential outcomes but also analyzes why they are likely to occur. Thus, a prescriptive model is frequently used to obtain insight into recommendations related to activities that can benefit from the forecasts. Due to its potential to quantify the impact of future decisions and predict future outcomes, prescriptive analytics are therefore projected to experience a large increase in demand among enterprises worldwide.
Browse complete "Prescriptive Analytics Market" report with TOC @ https://www.strategymrc.com/report/prescriptive-analytics-market

As most would consider normal to drive the development of the market over the forecast period, the North American region is expected to have the highest CAGR. This is due to expanding spending on the reception of new advances like huge information, cloud innovation, web-based entertainment, and portability innovations, among others. Furthermore, increasing the acceptance of new innovations generally boosts the volume of information across all verticals. In order to get essential data that helps in the creation of business methodologies, organisations need a scientific instrument.
Some of the key players in Prescriptive Analytics market include INFOR, ORACLE CORPORATION, TERADATA CORPORATION, SALESFORCE.COM, INC., FAIR ISAAC CORPORATION, SAP SE, TIBCO SOFTWARE INC., IBM Corporation, INTERNATIONAL BUSINESS MACHINES CORPORATION, Frontline Systems Inc, RIVER LOGIC, INC., Altair Engineering Inc, SAS INSTITUTE INC., Microsoft Corporation and Profitect.
Request a Sample of "Prescriptive Analytics Market" @ https://www.strategymrc.com/report/prescriptive-analytics-market

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

For more information about this report visit https://www.strategymrc.com/report/prescriptive-analytics-market
Report Store: https://www.strategymrc.com/report-store
Covid-19 reports: https://www.strategymrc.com/covid-19-impact-reports

Contact Us:

Email: sales@strategymrc.com
Organization: Stratistics Market Research Consulting Pvt Ltd
Address: #233, Woods Enclave, Pet Basheerabad, Hyderabad - 500055, India.
Phone: +1-301-202-5929
Website: https://www.strategymrc.com

About Us:

Stratistics MRC offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, Market experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

This release was published on openPR.