Prescriptive Analytics: Global Strategic Business Report

Global Prescriptive Analytics Market to Reach $22.9 Billion by 2030

The global market for Prescriptive Analytics estimated at US$4.8 Billion in the year 2022, is projected to reach a revised size of US$22.9 Billion by 2030, growing at a CAGR of 21.7% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 20% CAGR and reach US$13 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 24.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 20.9% CAGR

The Prescriptive Analytics market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.9 Billion by the year 2030 trailing a CAGR of 20.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20.7% and 19.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 15.9% CAGR.

Select Competitors (Total 17 Featured) -

• Ayata
• Compellon
• Datawatch Corporation
• Frontline Systems Inc.
• IBM Corp.
• NGDATA
• Profitect Inc.
• River Logic Inc.
• SAP SE
• SAS Institute Inc.
• TIBCO Software Inc.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year