Prescriptive Analytics Market Report Scope & Overview:
The Prescriptive Analytics Market was valued at USD 9.0 Billion in 2023 and is expected to reach USD 74.5 Billion by 2032, growing at a CAGR of 26.42% from 2024-2032. With the increasing adoption of technologies, such as such as AI, IoT, and cloud computing, the market of Prescriptive Analytics is growing since the technologies allows real-time data-based decision-making. Emerging network infrastructures such as 5G and edge computing are augmenting processing power, and increasing malign cyber activity is generating interest in AI-driven risk assessment. With the potential of automatic prescriptive analytics to solve industry-specific problems, new trends in Quantum Computing, Explainable AI, and Edge AI are preparing the future by making prescriptions faster, more transparent, and specific to need.
Market Dynamics
Drivers
The growing use of advanced technologies like AI and ML to enhance the capabilities of prescriptive analytics for better, data-driven decision-making.
By combining AI and machine learning with prescriptive analytics, decision-making processes can be optimally managed. These technologies enable organizations to extract relevant insights from large datasets to improve operational efficiencies, reduce belongings, and gain a competitive edge. With the help of AI-driven algorithms, the predictive capability of prescriptive analytics becomes a very important asset for all industries, primarily healthcare, finance, and manufacturing, where decisions are data-driven and need to be accurate. The rapid adoption of AI and ML technology is speeding up the global prescriptive analytics market as brands want smarter automated solutions to increase performance.
Restraints
Data privacy concerns and regulatory compliance hurdles prevent the widespread adoption of prescriptive analytics.
Data privacy and security concerns are one of the major restraining factors for the prescriptive analytics market. However, because prescriptive analytics requires massive amounts of sensitive data, organizations will have to tackle the ever-increasing challenge of safely buffering, storing, and processing that information. With regulatory requirements like GDPR and CCPA, compliance becomes stricter as businesses adopt analytics tools, and they face the threat of data breaches and legal consequences if they fail to comply. In sectors where data security is critical, these worries can hinder adoption.
Opportunity
The growing emphasis on data-driven decision-making fuels the demand for prescriptive analytics in various sectors.
With more businesses striving to become data-driven, the demand for prescriptive analytics is increasing quickly. More organizations are turning to data when creating a strategy or making decisions, instead of going with one intuitive choice or the next just because it's what they have always done in the past. Businesses can incorporate prescriptive analytics into their operations to help them prescribe the next best action, optimize processes, improve resource allocation, and reduce risks. As businesses continue to make data-driven decisions, prescriptive analytics providers experience significant growth in sectors like healthcare, finance, and retail.
Challenges
High upfront costs and the need for skilled personnel create barriers to adopting prescriptive analytics, particularly for smaller businesses.
The high cost of implementation technology is one of the key challenges for the prescriptive analytics market. Implementing enterprise-grade analytics solutions into existing systems takes a lot of investment in software and infrastructure. Moreover, organizations require personnel to run and optimize these tools. This may prevent mass adoption as it will be hard for smaller or budget-constrained businesses to justify the spending. To tackle this, vendors need to offer new affordable, flexible, adaptable solutions that can scale up or down based on the needs of the organization who is at any point of their digital transformation journey.
By Component
The software segment dominated the market with a 66% share of revenues in 2023. it offers critical tools and platforms that help organizations in conducting advanced data analytics, modeling predicaments, and making data-driven insights. These software programs are at the heart of prescriptive analytics, typically equipped with extensive capabilities, including optimization algorithms, predictive modeling, and decision automation.
The services segment is expected to register the fastest CAGR during the forecast period. The services segment is booming as there has been a surge in the need for professional consulting, deployment, and support to ensure high value provision through prescriptive analytics solutions.
By Application
In 2023, the supply chain management segment dominated the market and accounted for a revenue share of more than 38%. due to high dependence on analytics-based decision-making to improve complex interdependent processes, such as inventory management, demand forecasting, and logistics.
The operations management segment is projected to experience substantial growth throughout the forecast period as companies increasingly look to optimize internal processes, resource deployment and improve productivity.
By End-Use
IT & telecom segment dominated the market and held a significant revenue share in 2023 as it functions in a data-intensive environment, where real-time decision-making and optimization are essential. Telecoms leverage prescriptive analytics to ensure quality of network performance, utilization of bandwidth, and improvements in customer experience by predicting and preventing the issues before they degrade service quality. With ample usage and customer data along with large and complex network metrics present, the sector inherently employs advanced analytics for regular service reporting and keeping the services reliable and competitive.
The finance and banking industry is anticipated to register the fastest CAGR during the forecast period owing to the increasing need for this sector for risk management, fraud detection, and personalized customer experience. Prescriptive analytics are used by financial institutions to forecast market trends, identify optimal investment strategies and better comply with regulatory obligations.
Regional Analysis
In 2023, North America dominated the market and held a 37% share. The increasing adoption of prescriptive analytics across North America is driven by the need of the business houses to keep pace with changing market needs by using advanced data tools to gain a competitive advantage. Canada in particular—thanks in part to its modernization of industries like manufacturing and energy—along with Mexico is witnessing growth in prescriptive analytics as it allows business leaders to cut costs and drive operations more effectively.
Asia Pacific is expected to capture the fastest CAGR in the prescriptive analytics market during the forecast period. The prescriptive analytics market in the Asia Pacific is growing at a significant rate owing to an increase in digitalization and economic development taking place in nations like China, India, and Japan. Faced with competitive markets that need ever greater resilience, focus and ingenuity to get by, businesses here are turning to prescriptive analytics to improve supply chains, drive operational efficiency and optimize customer experiences.
The major key players along with their products are
IBM – IBM Watson Studio
SAP – SAP Integrated Business Planning (IBP)
Oracle – Oracle Autonomous Data Warehouse
Microsoft – Azure Machine Learning
SAS – SAS Viya
Tableau – Tableau Desktop
Google – Google Cloud AI
Qlik – Qlik Sense
TIBCO Software – TIBCO Spotfire
Infor – Infor CloudSuite
FICO – FICO Decision Management Suite
SAS Institute – SAS Analytics
RapidMiner – RapidMiner Studio
Teradata – Teradata Vantage
Zest AI – Zest Automated Machine Learning (ZAML)
Recent Developments
In April 2024, Oden Technologies secured $28.5 million in a Series B funding round to accelerate the development of AI-driven solutions for manufacturing, particularly its flagship product, Process AI.
|
Report Attributes |
Details |
|
Market Size in 2023 |
USD 9.0 Billion |
|
Market Size by 2032 |
USD 74.5 Billion |
|
CAGR |
CAGR of 26.42% From 2024 to 2032 |
|
Base Year |
2023 |
|
Forecast Period |
2024-2032 |
|
Historical Data |
2020-2022 |
|
Report Scope & Coverage |
Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
|
Key Segments |
• By Component (Software, Services) |
|
Regional Analysis/Coverage |
North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
|
Company Profiles |
IBM, SAP, Oracle, Microsoft, SAS, Tableau, Google, Qlik, TIBCO Software, Infor, FICO, SAS Institute, RapidMiner, Teradata, Zest AI |
Ans: - High upfront costs and the need for skilled personnel create barriers to adopting prescriptive analytics, particularly for smaller businesses.
Ans: - The growing use of advanced technologies like AI and ML to enhance the capabilities of prescriptive analytics for better, data-driven decision-making.
Ans: -Asia-Pacific is expected to register the fastest CAGR during the forecast period.
Ans: - The CAGR of the Prescriptive Analytics Market during the forecast period is 26.42% from 2024-2032.
Ans: - The Prescriptive Analytics Market was valued at USD 9.0 Billion in 2023 and is expected to reach USD 74.5 Billion by 2032
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Adoption Rates of Emerging Technologies
5.2 Network Infrastructure Expansion, by Region
5.3 Cybersecurity Incidents, by Region (2020-2023)
5.4 Cloud Services Usage, by Region
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Prescriptive Analytics Market Segmentation, By Component
7.1 Chapter Overview
7.2 Software
7.2.1 Software Market Trends Analysis (2020-2032)
7.2.2 Software Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Services
7.3.1 Services Market Trends Analysis (2020-2032)
7.3.2 Services Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Prescriptive Analytics Market Segmentation, by Application
8.1 Chapter Overview
8.2 Supply Chain Management
8.2.1 Supply Chain Management Market Trends Analysis (2020-2032)
8.2.2 Supply Chain Management market Size Estimates and Forecasts to 2032 (USD Billion)
8.3Risk Management
8.3.1Risk Management Market Trends Analysis (2020-2032)
8.3.2Risk Management Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4Operations Management
8.4.1Operations Management Market Trends Analysis (2020-2032)
8.4.2Operations Management Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5Revenue Management
8.5.1Revenue Management Market Trends Analysis (2020-2032)
8.5.2Revenue Management Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6Marketing and Sales
8.6.1Marketing and Sales Market Trends Analysis (2020-2032)
8.6.2Marketing and Sales Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7Others
8.7.1Others Market Trends Analysis (2020-2032)
8.7.2Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Prescriptive Analytics Market Segmentation, by End-Use
9.1 Chapter Overview
9.2Healthcare
9.2.1Healthcare Market Trends Analysis (2020-2032)
9.2.2Healthcare Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Retail
9.3.1 Retail Market Trends Analysis (2020-2032)
9.3.2 Retail Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Finance and Banking
9.3.1 Finance and Banking Market Trends Analysis (2020-2032)
9.3.2 Finance and Banking Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 IT & Telecommunication
9.3.1 IT & Telecommunication Market Trends Analysis (2020-2032)
9.3.2 IT & Telecommunication Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Transportation and Logistics
9.4.1 Transportation and Logistics Market Trends Analysis (2020-2032)
9.4.2 Transportation and Logistics Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Others
9.5.1 Others Market Trends Analysis (2020-2032)
9.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Prescriptive Analytics Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.2.4 North America Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.5 North America Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.2.6.2 USA Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.6.3 USA Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.2.7.2 Canada Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.7.3 Canada Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.2.8.2 Mexico Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.8.3 Mexico Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Prescriptive Analytics Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.3.1.6.2 Poland Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.6.3 Poland Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.3.1.7.2 Romania Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.7.3 Romania Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Prescriptive Analytics Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.3.2.4 Western Europe Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.5 Western Europe Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.3.2.6.2 Germany Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.6.3 Germany Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.3.2.7.2 France Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.7.3 France Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.3.2.8.2 UK Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.8.3 UK Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.3.2.9.2 Italy Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.9.3 Italy Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.3.2.10.2 Spain Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.10.3 Spain Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.3.2.13.2 Austria Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.13.3 Austria Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Prescriptive Analytics Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.4.4 Asia Pacific Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.5 Asia Pacific Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.4.6.2 China Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.6.3 China Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.4.7.2 India Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.7.3 India Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.4.8.2 Japan Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.8.3 Japan Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.4.9.2 South Korea Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.9.3 South Korea Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.4.10.2 Vietnam Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.10.3 Vietnam Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.4.11.2 Singapore Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.11.3 Singapore Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.4.12.2 Australia Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.12.3 Australia Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Prescriptive Analytics Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.5.1.4 Middle East Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.5 Middle East Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.5.1.6.2 UAE Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.6.3 UAE Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Prescriptive Analytics Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.5.2.4 Africa Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.5 Africa Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Prescriptive Analytics Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.6.4 Latin America Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.5 Latin America Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.6.6.2 Brazil Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.6.3 Brazil Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.6.7.2 Argentina Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.7.3 Argentina Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.6.8.2 Colombia Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.8.3 Colombia Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Prescriptive Analytics Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Prescriptive Analytics Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Prescriptive Analytics Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
11. Company Profiles
11.1 IBM
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 SAP
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 Oracle
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Microsoft
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 SAS
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 Tableau
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Google
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8Qlik
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 TIBCO Software
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Infor
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Component
Software
Services
By Application
Supply Chain Management
Risk Management
Operations Management
Revenue Management
Marketing and Sales
Others
By End-Use
Healthcare
Finance and Banking
Retail
IT & Telecom
Transportation and Logistics
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
The RegTech Market size was valued at USD 13.6 billion in 2023 and is expected to grow to USD 88.13 billion by 2032 and grow at a CAGR of 23.1 % by 2032.
The Retail Media Platform Market Size was valued at USD 16.1 Billion in 2023 and will reach USD 33.7 Billion by 2032, growing at a CAGR of 8.6% by 2032.
The Artificial General Intelligence (AGI) Market size was valued at USD 3.01 Billion in 2023 and is expected to grow to USD 52 Billion by 2032 with a growing CAGR of 37.5% over the forecast period of 2024-2032.
The Microserver Market size was valued at USD 30.04 billion in 2023 and is expected to grow to USD 108.94 billion by 2031 and grow at a CAGR of 15.39% over the forecast period of 2024-2031.
The Sales Gamification Software Market size was valued at USD 13.1 Billion in 2023. It is expected to grow to USD 90.8 Billion by 2032 and grow at a CAGR of 27.4% over the forecast period of 2024-2032.
The MEP Software Market was valued at USD 3.80 billion in 2023 and is expected to reach USD 9.20 Billion by 2032, growing at a CAGR of 10.34% by 2032.
Hi! Click one of our member below to chat on Phone
© 2025 All Rights Reserved by SNS Insider Pvt Ltd
