Prescriptive analytics market size to increase by USD 10.68 billion: North America will account for 45% of the market's growth during the forecast period - Technavio
NEW YORK, Jan. 30, 2023 /PRNewswire/ -- The Prescriptive Analytics Market by Solution and Geography - Forecast and Analysis 2022-2026 report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 25.84% and register an incremental growth of USD 10.68 billion during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download a PDF Sample Report.
By region, the global prescriptive analytics market is segmented into North America, Europe, APAC, MEA, and South America. North America will account for 45% of the market's growth during the forecast period. The US is a key market for prescriptive analytics in North America. Market growth in this region will be faster than the growth of the market in Europe.
The prescriptive analytics market report includes information on the key products and recent developments of leading vendors, including:
The market is driven by factors such as the rising demand for predictive analytics, the growing availability and complexity of data, and the growing need to improve business efficiency. However, data privacy and regulations are hindering market growth.
The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others. Request a Sample
Electronic Health Records Market by Deployment, Component, and Geography - Forecast and Analysis 2023-2027: The electronic health records market is estimated to decline at a CAGR of 12.91% between 2022 and 2027. The size of the market is forecast to increase by USD 32.27 billion. The government initiatives supporting EHR adoption are notably driving the electronic health records market growth, although factors such as rising data security and privacy concerns may impede the market growth.
Edge Computing Market by End-user, Component, and Geography - Forecast and Analysis 2023-2027: The edge computing market is estimated to grow at a CAGR of 24.74% between 2022 and 2027. The size of the market is forecasted to increase by USD 9,928.42 million. The rising demand for decentralized computing to reduce latency in decision-making is notably driving the market growth, although factors such as competition from low-cost centralized and general-purpose computing infrastructure may impede the market growth.
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Table of Contents
Five Forces Analysis
Market Segmentation by Solution
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