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PUBLISHER: KBV Research | PRODUCT CODE: 1555980

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PUBLISHER: KBV Research | PRODUCT CODE: 1555980

North America Prescriptive Analytics Market Size, Share & Trends Analysis Report By End Use, By Application, By Component, By Country and Growth Forecast, 2024 - 2031

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The North America Prescriptive Analytics Market would witness market growth of 30.7% CAGR during the forecast period (2024-2031).

The US market dominated the North America Prescriptive Analytics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $18,578.9 million by 2031. The Canada market is exhibiting a CAGR of 33.3% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 32.4% during (2024 - 2031).

The prescriptive analytics market encompasses the industry and ecosystem surrounding technologies and solutions that provide actionable recommendations to optimize decision-making processes. Prescriptive analytics has found applications across various industries, demonstrating its versatility and impact. Furthermore, prescriptive analytics revolutionizes personalized medicine by providing tailored treatment recommendations based on a patient's genetic profile, medical history, and lifestyle data.

For instance, it can suggest specific drug therapies or lifestyle changes that are most likely to benefit an individual, improving patient outcomes and optimizing treatment plans. Prescriptive analytics provides actionable recommendations for managing financial risks in investment portfolios. It can suggest diversification strategies, rebalancing approaches, or hedging techniques based on market conditions, historical data, and risk tolerance, helping investors optimize returns and manage exposure.

Providing a personalized and seamless shopping experience is vital for e-commerce success in Canada. Prescriptive analytics aids in analyzing customer data, purchase history, and browsing behavior to recommend personalized product recommendations, targeted marketing campaigns, and tailored customer service interactions. Improved customer experience leads to higher customer loyalty and repeat purchases, contributing to the growth of the prescriptive analytics market. Thus, the rising e-commerce sector and the increasing regional telecommunication industry are driving the growth of the market.

Based on End Use, the market is segmented into IT & Telecom, Finance & Banking, Retail, Healthcare, Transportation & Logistics, and Other End Use. Based on Application, the market is segmented into Supply Chain Management, Risk Management, Operations Management, Marketing & Sales, Revenue Management, and Other Application. Based on Component, the market is segmented into Software and Services. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Accenture PLC
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • SAP SE
  • SAS Institute Inc.
  • Sisense, Inc.
  • Cloudera, Inc.
  • Alteryx, Inc.

North America Prescriptive Analytics Market Report Segmentation

By End Use

  • IT & Telecom
  • Finance & Banking
  • Retail
  • Healthcare
  • Transportation & Logistics
  • Other End Use

By Application

  • Supply Chain Management
  • Risk Management
  • Operations Management
  • Marketing & Sales
  • Revenue Management
  • Other Application

By Component

  • Software
  • Services

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 North America Prescriptive Analytics Market, by End Use
    • 1.4.2 North America Prescriptive Analytics Market, by Application
    • 1.4.3 North America Prescriptive Analytics Market, by Component
    • 1.4.4 North America Prescriptive Analytics Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market at a Glance

  • 2.1 Key Highlights

Chapter 3. Market Overview

  • 3.1 Introduction
    • 3.1.1 Overview
      • 3.1.1.1 Market Composition and Scenario
  • 3.2 Key Factors Impacting the Market
    • 3.2.1 Market Drivers
    • 3.2.2 Market Restraints
    • 3.2.3 Market Opportunities
    • 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

  • 4.1 KBV Cardinal Matrix
  • 4.2 Recent Industry Wide Strategic Developments
    • 4.2.1 Partnerships, Collaborations and Agreements
    • 4.2.2 Product Launches and Product Expansions
    • 4.2.3 Acquisition and Mergers
  • 4.3 Market Share Analysis, 2023
  • 4.4 Top Winning Strategies
    • 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
    • 4.4.2 Key Strategic Move: (Partnership, Collaboration & Agreement: 2022, May-2024, Aug) Leading Players
  • 4.5 Porter Five Forces Analysis

Chapter 5. North America Prescriptive Analytics Market by End Use

  • 5.1 North America IT & Telecom Market by Country
  • 5.2 North America Finance & Banking Market by Country
  • 5.3 North America Retail Market by Country
  • 5.4 North America Healthcare Market by Country
  • 5.5 North America Transportation & Logistics Market by Country
  • 5.6 North America Other End Use Market by Country

Chapter 6. North America Prescriptive Analytics Market by Application

  • 6.1 North America Supply Chain Management Market by Country
  • 6.2 North America Risk Management Market by Country
  • 6.3 North America Operations Management Market by Country
  • 6.4 North America Marketing & Sales Market by Country
  • 6.5 North America Revenue Management Market by Country
  • 6.6 North America Other Application Market by Country

Chapter 7. North America Prescriptive Analytics Market by Component

  • 7.1 North America Software Market by Country
  • 7.2 North America Services Market by Country

Chapter 8. North America Prescriptive Analytics Market by Country

  • 8.1 US Prescriptive Analytics Market
    • 8.1.1 US Prescriptive Analytics Market by End Use
    • 8.1.2 US Prescriptive Analytics Market by Application
    • 8.1.3 US Prescriptive Analytics Market by Component
  • 8.2 Canada Prescriptive Analytics Market
    • 8.2.1 Canada Prescriptive Analytics Market by End Use
    • 8.2.2 Canada Prescriptive Analytics Market by Application
    • 8.2.3 Canada Prescriptive Analytics Market by Component
  • 8.3 Mexico Prescriptive Analytics Market
    • 8.3.1 Mexico Prescriptive Analytics Market by End Use
    • 8.3.2 Mexico Prescriptive Analytics Market by Application
    • 8.3.3 Mexico Prescriptive Analytics Market by Component
  • 8.4 Rest of North America Prescriptive Analytics Market
    • 8.4.1 Rest of North America Prescriptive Analytics Market by End Use
    • 8.4.2 Rest of North America Prescriptive Analytics Market by Application
    • 8.4.3 Rest of North America Prescriptive Analytics Market by Component

Chapter 9. Company Profiles

  • 9.1 Accenture PLC
    • 9.1.1 Company Overview
    • 9.1.2 Financial Analysis
    • 9.1.3 Segmental Analysis
    • 9.1.4 Research & Development Expenses
    • 9.1.5 Recent strategies and developments:
      • 9.1.5.1 Partnerships, Collaborations, and Agreements:
      • 9.1.5.2 Acquisition and Mergers:
    • 9.1.6 SWOT Analysis
  • 9.2 Amazon Web Services, Inc. (Amazon.com, Inc.)
    • 9.2.1 Company Overview
    • 9.2.2 Financial Analysis
    • 9.2.3 Segmental Analysis
    • 9.2.4 Recent strategies and developments:
      • 9.2.4.1 Partnerships, Collaborations, and Agreements:
      • 9.2.4.2 Product Launches and Product Expansions:
    • 9.2.5 SWOT Analysis
  • 9.3 IBM Corporation
    • 9.3.1 Company Overview
    • 9.3.2 Financial Analysis
    • 9.3.3 Regional & Segmental Analysis
    • 9.3.4 Research & Development Expenses
    • 9.3.5 Recent strategies and developments:
      • 9.3.5.1 Partnerships, Collaborations, and Agreements:
      • 9.3.5.2 Product Launches and Product Expansions:
    • 9.3.6 SWOT Analysis
  • 9.4 Microsoft Corporation
    • 9.4.1 Company Overview
    • 9.4.2 Financial Analysis
    • 9.4.3 Segmental and Regional Analysis
    • 9.4.4 Research & Development Expenses
    • 9.4.5 Recent strategies and developments:
      • 9.4.5.1 Partnerships, Collaborations, and Agreements:
      • 9.4.5.2 Product Launches and Product Expansions:
    • 9.4.6 SWOT Analysis
  • 9.5 Oracle Corporation
    • 9.5.1 Company Overview
    • 9.5.2 Financial Analysis
    • 9.5.3 Segmental and Regional Analysis
    • 9.5.4 Research & Development Expense
    • 9.5.5 Recent strategies and developments:
      • 9.5.5.1 Product Launches and Product Expansions:
    • 9.5.6 SWOT Analysis
  • 9.6 SAP SE
    • 9.6.1 Company Overview
    • 9.6.2 Financial Analysis
    • 9.6.3 Regional Analysis
    • 9.6.4 Research & Development Expense
    • 9.6.5 Recent strategies and developments:
      • 9.6.5.1 Product Launches and Product Expansions:
    • 9.6.6 SWOT Analysis
  • 9.7 SAS Institute, Inc.
    • 9.7.1 Company Overview
    • 9.7.2 Recent strategies and developments:
      • 9.7.2.1 Partnerships, Collaborations, and Agreements:
    • 9.7.3 SWOT Analysis
  • 9.8 Sisense, Inc.
    • 9.8.1 Company Overview
    • 9.8.2 SWOT Analysis
  • 9.9 Cloudera, Inc.
    • 9.9.1 Company Overview
    • 9.9.2 Recent strategies and developments:
      • 9.9.2.1 Product Launches and Product Expansions:
    • 9.9.3 SWOT Analysis
  • 9.10. Alteryx, Inc.
    • 9.10.1 Company Overview
    • 9.10.2 Financial Analysis
    • 9.10.3 Research & Development Expenses
    • 9.10.4 Recent strategies and developments:
      • 9.10.4.1 Partnerships, Collaborations, and Agreements:
    • 9.10.5 SWOT Analysis

LIST OF TABLES

  • TABLE 1 North America Prescriptive Analytics Market, 2020 - 2023, USD Million
  • TABLE 2 North America Prescriptive Analytics Market, 2024 - 2031, USD Million
  • TABLE 3 Partnerships, Collaborations and Agreements- Prescriptive Analytics Market
  • TABLE 4 Product Launches And Product Expansions- Prescriptive Analytics Market
  • TABLE 5 Acquisition and Mergers- Prescriptive Analytics Market
  • TABLE 6 North America Prescriptive Analytics Market by End Use, 2020 - 2023, USD Million
  • TABLE 7 North America Prescriptive Analytics Market by End Use, 2024 - 2031, USD Million
  • TABLE 8 North America IT & Telecom Market by Country, 2020 - 2023, USD Million
  • TABLE 9 North America IT & Telecom Market by Country, 2024 - 2031, USD Million
  • TABLE 10 North America Finance & Banking Market by Country, 2020 - 2023, USD Million
  • TABLE 11 North America Finance & Banking Market by Country, 2024 - 2031, USD Million
  • TABLE 12 North America Retail Market by Country, 2020 - 2023, USD Million
  • TABLE 13 North America Retail Market by Country, 2024 - 2031, USD Million
  • TABLE 14 North America Healthcare Market by Country, 2020 - 2023, USD Million
  • TABLE 15 North America Healthcare Market by Country, 2024 - 2031, USD Million
  • TABLE 16 North America Transportation & Logistics Market by Country, 2020 - 2023, USD Million
  • TABLE 17 North America Transportation & Logistics Market by Country, 2024 - 2031, USD Million
  • TABLE 18 North America Other End Use Market by Country, 2020 - 2023, USD Million
  • TABLE 19 North America Other End Use Market by Country, 2024 - 2031, USD Million
  • TABLE 20 North America Prescriptive Analytics Market by Application, 2020 - 2023, USD Million
  • TABLE 21 North America Prescriptive Analytics Market by Application, 2024 - 2031, USD Million
  • TABLE 22 North America Supply Chain Management Market by Country, 2020 - 2023, USD Million
  • TABLE 23 North America Supply Chain Management Market by Country, 2024 - 2031, USD Million
  • TABLE 24 North America Risk Management Market by Country, 2020 - 2023, USD Million
  • TABLE 25 North America Risk Management Market by Country, 2024 - 2031, USD Million
  • TABLE 26 North America Operations Management Market by Country, 2020 - 2023, USD Million
  • TABLE 27 North America Operations Management Market by Country, 2024 - 2031, USD Million
  • TABLE 28 North America Marketing & Sales Market by Country, 2020 - 2023, USD Million
  • TABLE 29 North America Marketing & Sales Market by Country, 2024 - 2031, USD Million
  • TABLE 30 North America Revenue Management Market by Country, 2020 - 2023, USD Million
  • TABLE 31 North America Revenue Management Market by Country, 2024 - 2031, USD Million
  • TABLE 32 North America Other Application Market by Country, 2020 - 2023, USD Million
  • TABLE 33 North America Other Application Market by Country, 2024 - 2031, USD Million
  • TABLE 34 North America Prescriptive Analytics Market by Component, 2020 - 2023, USD Million
  • TABLE 35 North America Prescriptive Analytics Market by Component, 2024 - 2031, USD Million
  • TABLE 36 North America Software Market by Country, 2020 - 2023, USD Million
  • TABLE 37 North America Software Market by Country, 2024 - 2031, USD Million
  • TABLE 38 North America Services Market by Country, 2020 - 2023, USD Million
  • TABLE 39 North America Services Market by Country, 2024 - 2031, USD Million
  • TABLE 40 North America Prescriptive Analytics Market by Country, 2020 - 2023, USD Million
  • TABLE 41 North America Prescriptive Analytics Market by Country, 2024 - 2031, USD Million
  • TABLE 42 US Prescriptive Analytics Market, 2020 - 2023, USD Million
  • TABLE 43 US Prescriptive Analytics Market, 2024 - 2031, USD Million
  • TABLE 44 US Prescriptive Analytics Market by End Use, 2020 - 2023, USD Million
  • TABLE 45 US Prescriptive Analytics Market by End Use, 2024 - 2031, USD Million
  • TABLE 46 US Prescriptive Analytics Market by Application, 2020 - 2023, USD Million
  • TABLE 47 US Prescriptive Analytics Market by Application, 2024 - 2031, USD Million
  • TABLE 48 US Prescriptive Analytics Market by Component, 2020 - 2023, USD Million
  • TABLE 49 US Prescriptive Analytics Market by Component, 2024 - 2031, USD Million
  • TABLE 50 Canada Prescriptive Analytics Market, 2020 - 2023, USD Million
  • TABLE 51 Canada Prescriptive Analytics Market, 2024 - 2031, USD Million
  • TABLE 52 Canada Prescriptive Analytics Market by End Use, 2020 - 2023, USD Million
  • TABLE 53 Canada Prescriptive Analytics Market by End Use, 2024 - 2031, USD Million
  • TABLE 54 Canada Prescriptive Analytics Market by Application, 2020 - 2023, USD Million
  • TABLE 55 Canada Prescriptive Analytics Market by Application, 2024 - 2031, USD Million
  • TABLE 56 Canada Prescriptive Analytics Market by Component, 2020 - 2023, USD Million
  • TABLE 57 Canada Prescriptive Analytics Market by Component, 2024 - 2031, USD Million
  • TABLE 58 Mexico Prescriptive Analytics Market, 2020 - 2023, USD Million
  • TABLE 59 Mexico Prescriptive Analytics Market, 2024 - 2031, USD Million
  • TABLE 60 Mexico Prescriptive Analytics Market by End Use, 2020 - 2023, USD Million
  • TABLE 61 Mexico Prescriptive Analytics Market by End Use, 2024 - 2031, USD Million
  • TABLE 62 Mexico Prescriptive Analytics Market by Application, 2020 - 2023, USD Million
  • TABLE 63 Mexico Prescriptive Analytics Market by Application, 2024 - 2031, USD Million
  • TABLE 64 Mexico Prescriptive Analytics Market by Component, 2020 - 2023, USD Million
  • TABLE 65 Mexico Prescriptive Analytics Market by Component, 2024 - 2031, USD Million
  • TABLE 66 Rest of North America Prescriptive Analytics Market, 2020 - 2023, USD Million
  • TABLE 67 Rest of North America Prescriptive Analytics Market, 2024 - 2031, USD Million
  • TABLE 68 Rest of North America Prescriptive Analytics Market by End Use, 2020 - 2023, USD Million
  • TABLE 69 Rest of North America Prescriptive Analytics Market by End Use, 2024 - 2031, USD Million
  • TABLE 70 Rest of North America Prescriptive Analytics Market by Application, 2020 - 2023, USD Million
  • TABLE 71 Rest of North America Prescriptive Analytics Market by Application, 2024 - 2031, USD Million
  • TABLE 72 Rest of North America Prescriptive Analytics Market by Component, 2020 - 2023, USD Million
  • TABLE 73 Rest of North America Prescriptive Analytics Market by Component, 2024 - 2031, USD Million
  • TABLE 74 Key Information - Accenture PLC
  • TABLE 75 Key Information - Amazon Web Services, Inc.
  • TABLE 76 Key Information - IBM Corporation
  • TABLE 77 Key Information - Microsoft Corporation
  • TABLE 78 Key Information - Oracle Corporation
  • TABLE 79 Key Information - SAP SE
  • TABLE 80 Key Information - SAS Institute, Inc.
  • TABLE 81 Key Information - Sisense, Inc.
  • TABLE 82 Key Information - Cloudera, Inc.
  • TABLE 83 Key Information - Alteryx, Inc.
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