Prescriptive Analytics Market is projected to grow up to USD 5.21 billion by 2027 growing at a CAGR of 32.8% during the forecasting period 2021-2027.
Both descriptive and predictive analytics are related to prescriptive analytics. Prescriptive analytics strives to discover the optimal solution or outcome among multiple options, given the available parameters, whereas descriptive analytics aims to provide insight into what has happened and predictive analytics helps model and anticipate what might happen. Prescriptive analytics, on the other hand, is not immune to the same flaws that can derail descriptive and predictive analytics, such as data restrictions and unaccounted-for external variables. Prescriptive analytics' performance is also determined by how well the decision model represents the impact of the decisions under consideration.

View Complete Report: @ https://whipsmartmi.com/report/prescriptive-analytics-market
Prescriptive Analytics Market, By Component
Software
Service
Professional Service
Managed Service
Prescriptive Analytics Market, By Data Type
Unstructured Data
Semi-Structured Data
Structured Data
Prescriptive Analytics Market, By Business Functions
Human resources (HR)
Marketing
Sales
Finance
Operations
Request a Sample of this report: @ https://whipsmartmi.com/sample/ic0711/Prescriptive-Analytics-Market
Explore other reports from “Information and Communication Technology” Sector @ https://whipsmartmi.com/Category/Information-and-Communication-Technology

Contact Us:
Neeraj
WhipSmart Market Intelligence
7264 Magistrate Terrace,
Mississauga,
Ontario L5W 1H8
Canada
[email protected]