Prescriptive Analytics Market
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<strong>Prescriptive</strong> <strong>Analytics</strong> <strong>Market</strong> Worth 4.58 Billion USD by 2021<br />
NEWS PROVIDED BY<br />
<strong>Market</strong>sand<strong>Market</strong>s <br />
09 Jan, 2017, 12:30 ET<br />
PUNE, India, January 9, 2017 /PRNewswire/ --<br />
According to a new market research report "<strong>Prescriptive</strong> <strong>Analytics</strong> <strong>Market</strong> by Component (Software and Service), Data Type (Unstructured, Semi-Structured,<br />
and Structured), Application, Business Function, Deployment Model, Vertical, and Region - Global Forecast to 2021", published by <strong>Market</strong>sand<strong>Market</strong>s, the<br />
market is estimated to grow from USD 1.16 Billion in 2016 to USD 4.58 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 31.7%.<br />
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Browse 79 market data Tables and 45 Figures spread through 148 Pages and in-depth TOC on "<strong>Prescriptive</strong> <strong>Analytics</strong> <strong>Market</strong>"<br />
http://www.marketsandmarkets.com/<strong>Market</strong>-Reports/prescriptive-analytics-market-237458480.html<br />
Early buyers will receive 10% customization on this report.<br />
Emergence of advanced technologies such as big data & IoT and rising popularity of real-time accessibility of data for efficient business applications are the key<br />
driving forces of the <strong>Prescriptive</strong> <strong>Analytics</strong> <strong>Market</strong>.<br />
Supply chain management application is expected to grow at the highest CAGR during the forecast period<br />
The supply-chain management solutions are deployed by various businesses operating under verticals such as wholesale, retail, telecom & IT, and manufacturing<br />
among others. Supply-chain management solutions help to manage the requirements generated by these businesses. Massive amount of data is generated across<br />
the industry from procurement of raw material till its sourcing to manufacturing. Organizations are facing challenges in managing these complexities and thus, are<br />
using prescriptive analytics to address the projected demands of its clients and end-users.
The on-demand deployment model to grow at the highest CAGR during the forecast period<br />
The market by deployment model has been segmented into on-premises and on-demand model. The on-demand deployment model is expected to witness the<br />
highest CAGR during the forecast period. It will gain traction in the coming years owing to the cost-effectiveness, agility, and affordability it offers to the end<br />
customer.<br />
Request for Report Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=237458480<br />
North America is expected to dominate the <strong>Prescriptive</strong> <strong>Analytics</strong> <strong>Market</strong> during the forecast period<br />
The <strong>Prescriptive</strong> <strong>Analytics</strong> <strong>Market</strong> segments the global market on the basis of regions, which include North America, Asia-Pacific (APAC), Europe, Middle East and<br />
Africa (MEA), and Latin America. North America is expected to hold the largest share of the <strong>Prescriptive</strong> <strong>Analytics</strong> <strong>Market</strong> in 2016 due to the presence of large<br />
enterprises, technical experts, and growing demands for prescriptive analytics solutions in this region.<br />
The market in APAC is expected to grow at the highest CAGR between 2016 and 2021. The region would be looking to increase the adoption of advance analytical<br />
technology owing to flexible government policies, regulations and control, competing with the international markets in terms of quality and pricing.<br />
Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=237458480<br />
The report also encompasses different strategies, such as acquisitions, partnerships & collaborations, and product developments, adopted by major players to<br />
increase their share in the market. Some of the major technology vendors include IBM Corporation (U.S.), FICO (U.S.), River Logic, Inc. (U.S.), Ayata (U.S.), Angoss<br />
Software (U.S.), Profitect (U.S.), Frontline (U.S.), Panoratio (Germany), TIBCO Software (U.S.), and NGData (Belgium).<br />
Browse Related Report<br />
Big Data <strong>Market</strong> by Component (Software and Services), Type (Structured, Semi-Structured and Unstructured), Deployment Model, Vertical, and Region (North<br />
America, Europe, Asia-Pacific, Latin America & Middle East and Africa) - Global Forecast to 2021<br />
http://www.marketsandmarkets.com/<strong>Market</strong>-Reports/big-data-market-1068.html<br />
Predictive <strong>Analytics</strong> <strong>Market</strong> by Business Function, Applications (Risk Management, Operations Management, Sales Management, Supply Chain Management,<br />
Workforce Management), Organization Size, Deployment Model, Vertical, & by Region - Global Forecast to 2020<br />
http://www.marketsandmarkets.com/<strong>Market</strong>-Reports/predictive-analytics-market-1181.html<br />
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