BROOKLYN, N.Y., Oct. 17, 2023 (Globe Newswire) — According to a new market research report published by Global Market Estimates. Global drug prediction software market It is expected to grow at a CAGR of 12.50% from 2023 to 2028.
Integration of advanced analytics and artificial intelligence (AI) technologies will act as key drivers for the pharmaceutical prediction software market. These tools improve predictive accuracy, allowing pharmaceutical companies to optimize resource allocation and streamline decision-making processes.
Key market trends
- The pharmaceutical forecasting software market is primarily driven by technological advancements and demand from the pharmaceutical industry. One notable trend is the increased adoption of cloud-based predictive software solutions, allowing pharmaceutical companies to efficiently manage data and facilitate collaborative forecasting across global teams. Cloud-based platforms offer increased accessibility, scalability, and data security, allowing seamless integration with existing systems and simplifying the deployment process, thereby facilitating streamlined operations and improved decision-making capabilities. Masu.
- Another key market trend is the increasing importance of predictive analytics and machine learning algorithms within drug prediction software. These advanced analytical tools enable companies to gain insight into complex market trends, predict trends, predict demand fluctuations, and optimize inventory management. By leveraging predictive analytics, pharmaceutical companies can improve forecast accuracy, identify potential market opportunities, and effectively reduce risks.
See 163 pages of 147 market data tables, 115 figures and a detailed table of contents.Global Pharmaceutical Forecasting Software Market – Forecast to 2028”
Key market insights
- According to the application outlook, the sales forecast segment is expected to be the largest segment during the forecast period
- According to end-user outlook, the pharmaceutical companies segment is expected to become the largest segment during the forecast period
- Asia Pacific is analyzed to be the fastest growing region in the market
- North America is analyzed to hold the largest share in the global market during the forecast period 2023-2028
- Major companies operating in the market are IQVIA, SAS Institute, Oracle, JDA Software, Inpharmation, J+D Forecasting, ZS Associate, Cognizant, Kinaxis, Axtria, Symphony Health, Manthan, Model N, Sarjen, Koerber Pharma, WNS is.others
Request a sample copy of the report: https://www.globalmarketestimates.com/market-report/pharma-forecasting-software-market-4190
By use (Revenue, USD billion, 2023-2028)
- sales forecast
- Demand forecast
- Supply chain forecasting
- Clinical trial prediction
- budgeting and planning
- others
By End User (Revenue, USD Billion, 2023-2028)
- Pharmaceutical company
- Contract research organization (CRO)
- academic research institute
- others
Regional Outlook (Revenue, USD Billion, 2023-2028)
North America
Europe
- Germany
- England
- France
- Spain
- Italy
- Netherlands
- rest of europe
Asia Pacific
- China
- India
- Japan
- South Korea
- sea bream
- Indonesia
- Malaysia
- Singapore
- Vietnam
- Rest of Asia Pacific
Central and South America
- Brazil
- Argentina
- Chile
- Rest of Latin America
middle east and africa
- Saudi Arabia
- United Arab Emirates
- Israel
- South Africa
- rest of the Middle East and Africa
Contact: Yash Jain
Director – Global Accounts and Strategic Advisory
Email address: yash.jain@globalmarketestimates.com
Phone number: +1 6026667238
LinkedIn: https://www.linkedin.com/in/yash-jain-global-market-estimates/
Website: www.globalmarketestimates.com
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Global drug prediction software market size
