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Prescriptive Analytics Market worth 4.58 Billion USD by 2021


The prescriptive analytics market size 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% during the forecast period. The base year considered for this report is 2015 and the forecast period is 2016–2021. The main objective of this report is to define, describe, and forecast the global prescriptive analytics market on the basis of components, data types, applications, business functions, deployment models, verticals, and regions. The report provides detailed information regarding the major factors influencing the growth of the market. The report attempts to forecast the market size with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles key players and comprehensively analyzes their core competencies. – PowerPoint PPT presentation

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Title: Prescriptive Analytics Market worth 4.58 Billion USD by 2021

MarketsandMarkets Presents
Prescriptive Analytics Market worth 4.58 Billion
USD by 2021 http//
According to a new market research
report "Prescriptive Analytics Market by
Component (Software and Service), Data Type
(Unstructured, Semi-Structured, and Structured),
Application, Business Function, Deployment Model,
Vertical, and Region - Global Forecast to 2021",
published by MarketsandMarkets, the 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.     Browse gtgt
79 Data Tables 45 Figures
148 Pages and in-depth TOC on Prescriptive
Analytics Market http//www.marketsandmarkets.
37458480.html Early buyers will receive 10
customization on this report.
Supply chain management application is expected
to grow at the highest CAGR during the forecast
period  The supply-chain management solutions are
deployed by various businesses operating under
verticals such as wholesale, retail, telecom
IT, and manufacturing among others. Supply-chain
management solutions help to manage the
requirements generated by these businesses.
Massive amount of data is generated across the
industry from procurement of raw material till
its sourcing to manufacturing. Organizations are
facing challenges in managing these complexities
and thus, are 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  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 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 customer.
North America is expected to dominate
the Prescriptive Analytics Market during the
forecast period  The Prescriptive Analytics
Market segments the global market on the basis of
regions, which include North America, Asia-Pacific
 (APAC), Europe, Middle East and Africa (MEA),
and Latin America. North America is expected to
hold the largest share of the Prescriptive
Analytics Market in 2016 due to the presence of
large enterprises, technical experts, and growing
demands for prescriptive analytics solutions in
this region. The market in APAC is expected to
grow at the highest CAGR between 2016 and 2021.
The report also encompasses different
strategies, such as acquisitions, partnerships
collaborations, and product developments, adopted
by major players to 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
Software (U.S.), Profitect (U.S.), Frontline
(U.S.), Panoratio (Germany), TIBCO Software
(U.S.), and NGData (Belgium).  
About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
world. MarketsandMarkets also provides
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and power, food and beverages, industrial
automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT. We at
MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence repository.

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