openPR Logo
Press release

Powerful Data Stream Is Building the Momentum and Magnitude for the Predictive and Prescriptive Analytics Industry

03-01-2017 01:28 PM CET | IT, New Media & Software

Press release from: Orbis Research

Predictive-and-Prescriptive-Analytics-Industry

Predictive-and-Prescriptive-Analytics-Industry

The Global Predictive and Prescriptive Analytics Market is valued at USD 4.64 billion in 2016 and is expected to reach a value of USD 19.55 billion by the end of 2022, growing at a projected CAGR of 22.81% during the forecast period of 2017 - 2022. There is a thin line differentiating the predictive and prescriptive analytics. Predictive analytics assists in forecasting the data and predict what can happen in the future, whereas, perspective analytics helps analyze the data and tell us what to do next. Hence, while a predictive analytics model might tell a politician that there are around 4000 seats in a constitution and the number of seats needed to capture to win the election, prescriptive analytics would inform the politician as to how best a strategy can be designed to win the elections.

Big data explosion has rapidly become a pivotal tool for the business intelligence sector. This powerful data stream is building the momentum and magnitude for the predictive and prescriptive analytics market. This platform helps swiftness of diverse data, combining with big data, and utilizing better models and business outcomes of leading healthcare organizations. It improves quick-decision, profits, measures social media influence and tries to avert scams and frauds, through the application of advanced analytics and decision optimization. Every day, quintillion bytes of files are created for authentication and to examine future trends of the market. Many organizations implement predictive and prescriptive analytics for data validation, to increase data accessibility, reduce the cost to providers, and individual risk for payers, etc.

Request sample copy of this report at: http://www.orbisresearch.com/contacts/request-sample/217533

However, cost-effective IT solutions are still not available, which is a big limitation to this market.

The global predictive and prescriptive analytics market has the maximum demand in end-user industries (defense and aerospace sector, intelligence organizations, agriculture, retail sector, educational organizations, healthcare, transportation and logistics, BFSI sector, and others). The market is also segmented by geography into North America, Asia-Pacific, Latin America, Europe, and the Middle East and Africa. This market is still untapped in the regions of APAC and the Middle East and Africa.

The report includes a competitive assessment regarding an overview of the market players, profiles, products and services, business strategies, recent developments and innovation, market landscape, future trends and forecasts, and mergers & acquisitions.

Read complete details of the report at: http://www.orbisresearch.com/reports/index/global-predictive-and-prescriptive-analytics-market-by-industry-geography-trends-forecast-2017-2022

The major companies dominating this market for its products, services, and continuous product developments are -
• Salesforce
• SAS Institute
• IBM
• SAP AG
• Oracle
• Angoss Software
• Teradata
• Microsoft
• Accenture

Key Deliverables in the Study
• Market analysis for the global predictive and prescriptive analytics market, with region-specific assessments and competition analysis on global and regional scales.
• Market definition along with the identification of key drivers and restraints.
• Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
• Extensively researched competitive landscape section with profiles of major companies along with their market share.
• Identification and analysis of the macro and micro factors that affect the global predictive and prescriptive analytics market on both global and regional scale.
• A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
• A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
• Insights on the major countries/regions where this industry is growing and identify the regions that are still untapped.

Enquire more details of the report at: http://www.orbisresearch.com/contact/purchase/217533

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +9164101019
Follow Us on LinkedIn: https://www.linkedin.com/company/orbis-research
Follow us on Twitter: https://twitter.com/orbisresearch
Like us on Facebook: https://www.facebook.com/OrbisResearch

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Powerful Data Stream Is Building the Momentum and Magnitude for the Predictive and Prescriptive Analytics Industry here

News-ID: 453647 • Views:

More Releases from Orbis Research

Blood Purification Devices Market 2023-2028 | Top Players Baxter International, Cerus Corporation, Cytosorbents Corporation, Nikkiso Co.Ltd, Asahi Kasei Corporation, Aethlon Medical, Haemonetics, Jafron, B. Braun, Fresenius
Blood Purification Devices Market 2023-2028 | Top Players Baxter International, …
Based on the type segment, the portable equipment segment is expected to hold the largest share in Blood Purification Devices in the year 2028. Professionals that are actively involved in the ongoing purification of blood tend to favour portable equipment. Equipment that is portable enables effective emergency care. Additionally, portable equipment is rather space-efficient and compact, which promotes widespread use throughout the blood-purification process. In a manner similar to how
Clean Beauty Market to Grow at 40.1% CAGR by 2028 - Key Players are Bare Minerals, The Honest Company, Fenty Beauty, Aveda Corporation, Westman Atelier, Victoria Beckham Beauty, Kora Organics, Saie, and True Botanicals
Clean Beauty Market to Grow at 40.1% CAGR by 2028 - Key Players are Bare Mineral …
Clean beauty is described as beauty and personal care products that are made with the safest possible ingredients and have the lowest possible environmental impacts. Clean beauty pertains to products that are safe, non-toxic, and clearly labelled ingredients Also, the ingredients used are cruelty-free and are screened for non-GMO feedstock and residual pesticides. Request a pdf brochure @ https://www.orbisresearch.com/contacts/request-sample/6941781 The Clean Beauty Market is valued at USD 5163.17 Million in 2021 and
Outdoor Power Equipment Market Worth USD 6.49 Bn by 2027 - Industry Trends and S …
The outdoor power equipment generally includes, brush cutters, edger, chain saws, power rakes, and more. Outdoor power equipment is commonly used by end users, such as lawn & plant care providers and landscape service providers, for commercial purposes. The global outdoor power equipment market in 2021 was valued at US$32.22 billion. The market value is projected to reach US$46.49 billion by 2027. Outdoor power equipment (OPE) is an equipment with small
Merchant API Market to reach US$119.11 billion by 2027 - Industry Trends, Growth Drivers, Key Companies and Future Opprtunities
Merchant API Market to reach US$119.11 billion by 2027 - Industry Trends, Growth …
The latest research on "Global Merchant API Market: Analysis By Molecular Type, By Segment, By Type, By Type of Synthesis, By End-User, By Region Size And Trends With Impact Of COVID-19 And Forecast up to 2027" have been added to OrbisResearch.com store. The merchant API market refers to the use of APIs by merchants, or businesses that sell goods and services, to connect their systems and processes with those of other

All 5 Releases


More Releases for Predictive

Demand for Predictive Maintenance Management Is High In Predictive Maintenance M …
𝗣𝗿𝗲𝗱𝗶𝗰𝘁𝗶𝘃𝗲 𝗠𝗮𝗶𝗻𝘁𝗲𝗻𝗮𝗻𝗰𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗣𝗿𝗼𝘀𝗽𝗲𝗰𝘁𝘀 𝗳𝗿𝗼𝗺 𝟮𝟬𝟮𝟭 𝘁𝗼 𝟮𝟬𝟮𝟳 The global Predictive Maintenance market is estimated to account for US$ 17.7 Billion By 2026. Predictive maintenance systems are designed to assist manufacturing companies in determining the condition of their on-site equipment so as to gauge when regular maintenance ought to be done. This system promises significant cost savings since tasks are done only when necessary, thereby aiding in growth of the predictive
The Predictive Maintenance Market is experiencing a surge in demand for Predicti …
Predictive Maintenance Market Forecast : The global Predictive Maintenance market is estimated to account for US$ 17.7 Billion By 2026 𝗥𝗲𝗽𝗼𝗿𝘁 𝗣𝗮𝗴𝗲𝘀: [180 Pages] Predictive maintenance systems are designed to assist manufacturing companies in determining the condition of their on-site equipment so as to gauge when regular maintenance ought to be done. This system promises significant cost savings since tasks are done only when necessary, thereby aiding in growth of the predictive
Healthcare Predictive Analytics Market
The mounting concern for optimizing healthcare costs among myriad healthcare providers and payers is a key factor boosting the demand for predictive analytics in the healthcare sector. The ever-growing need for boosting patient outcomes and improving the quality of care is a seminal trend boosting the evolution of healthcare productive analytics. In recent years, there is a surging interest among payer organizations and several healthcare institutions in using predictive tools
Predictive Analytics Market -
The global predictive analytics market is categorized on basis of end-users, software solution types, applications and mode of delivery. The market overview section of the report demonstrates the market dynamics and trends such as the drivers, restraints and opportunities that influence the current nature and future status of this field. Get an exclusive sample of this report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1713 Various end-users studied in this report include banking and financial services, insurance sector, government,
nextLAP offers more than predictive maintenance: prediction and management by us …
Production process platform IP/1 predicts entire process chains in production and logistics and manages them Munich, 28 May 2018 – Predictive maintenance is one of the biggest trends of Industry 4.0. nextLAP GmbH, a specialist in IIoT-based solutions for the digital management and automation of production and logistics processes, takes it one crucial step further – by offering Predictive Process Control solutions. Instead of predictively analysing only the data from isolated
Predictive Analytics Market Share
According to a new report, “Predictive Analytics Market (2017 – 2023)”, published by KBV research, the Global Predictive Analytics Market size is expected to reach $13.8 billion by 2023, rising at a market growth of 21% CAGR during the forecast period. The North America market holds the largest market share in Global Risk Analytics Solution Market by Region in 2016, and would continue to be a dominant market till 2023; growing