Prescriptive and Predictive Analytics Market is accounted for $5.72 billion in 2017 and is expected to reach $28.71 billion by 2026 growing at a CAGR of 19.6% during the forecast period. Some of the key factors influencing the market growth include growth in demand for global consumer goods, need for comprehensive market analytics and increasing demand for cloud-based predictive analytics. However, data privacy and security concerns are restricting the market growth.
Predictive analytics is the practice of extracting information from existing data. It helps users determine and understand the buying patterns of customers, and predict future trends for an organization. Prescriptive analytics is another branch of advanced analytics, dedicated to obtaining the best course of action for a presented situation.
Some of the key players in global prescriptive and predictive analytics market are:Salesforce.com, IBM Corporation, Accenture, Versium, Oracle, Angoss Software Corporation, TIBCO, SAP, Angoss Software, Microsoft Corporation, Alteryx, Infor Inc., SAS Institute Inc., Zemantis, Teradata Corporation, Tableau, and Pegasystems.
Read More @ http://www.sbwire.com/press-releases/prescriptive-and-predictive-analytics-market-set-for-rapid-growth-to-reach-cagr-of-over-196-by-2026-salesforce-ibm-accenture-1289639.htm
Predictive analytics is the practice of extracting information from existing data. It helps users determine and understand the buying patterns of customers, and predict future trends for an organization. Prescriptive analytics is another branch of advanced analytics, dedicated to obtaining the best course of action for a presented situation.
Some of the key players in global prescriptive and predictive analytics market are:Salesforce.com, IBM Corporation, Accenture, Versium, Oracle, Angoss Software Corporation, TIBCO, SAP, Angoss Software, Microsoft Corporation, Alteryx, Infor Inc., SAS Institute Inc., Zemantis, Teradata Corporation, Tableau, and Pegasystems.
Read More @ http://www.sbwire.com/press-releases/prescriptive-and-predictive-analytics-market-set-for-rapid-growth-to-reach-cagr-of-over-196-by-2026-salesforce-ibm-accenture-1289639.htm
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