Predictive and Prescriptive Analytics Market Share

Market Share of Predictive and Prescriptive Analytics Industry

The predictive and prescriptive analytics market is moderately competitive and consists of a few players. Few big firms now control most of the market in terms of market share. For a competitive edge, firms are concentrating on product differentiation. Focus on ongoing innovation is one approach to achieving this. Forrester Research recognized Oracle's Autonomous Data Science Cloud Service as a leader in notebook-based predictive analytics and machine learning, earning the highest average current offering score and the highest possible score for its solution roadmap.

• July 2022 - SAP SE announced the acquisition of Askdata, a startup focused on search-driven analytics. With the purchase of Ask data, SAP strengthens its ability to help organizations make better-informed decisions by leveraging AI-driven natural language searches. Users are empowered to search, interact and collaborate on live data to maximize business insights.

Predictive and Prescriptive Analytics Market Leaders

1. Oracle Corporation

2. SAP SE

3. Microsoft Corporation

4. SAS Institute Inc.

5. IBM Corporation

*Disclaimer: Major Players sorted in no particular order