Decision Intelligence Market size reached USD 10.30 Billion in 2020 and is expected to register a revenue CAGR of 13.7% during the forecast period, according to the latest analysis by Emergen Research. The increasing need to make fast and accurate decisions for better outcomes and the increasing need for multiple problem-solving options are expected to support market revenue growth between 2021 and 2030. In addition, the increasing need for making more accurate data-driven decisions will boost the revenue growth of the market. Effective decision-making is a major problem in organizations, and better decision-making and evaluating tools to make business-critical decisions are required to resolve challenges. Decision intelligence solution helps organizations to achieve better decisions, accommodate uncertainty factors, and improve their respective decision models. Companies are incorporating Artificial Intelligence (AI) to increase flexibility and differentiate their respective offerings. In addition, decision intelligence enhances the continuity of cross-organizational decision-making by designing models aimed at enhancing traceability, replicability, relevance, and trustworthiness. As a result, organizations can make more effective data-driven decisions.
The Global Decision Intelligence Market research study published by Emergen Research is an extensive collection of insightful information The report covers the Decision Intelligence Market segmentation along with a detailed outline of the size with regards to volume and valuation. The report provides comprehensive coverage of the Decision Intelligence Market scenario for the current period and forecast timeline of 2018-2028. The Decision Intelligence Market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industry, application, and region.
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The report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.
The key companies studied in the report are:
Baidu, Inc., Advanced Micro Devices, Inc., Arm Limited, H2O.ai, Inc., AiCure LLC, Clarifai, Inc., Enlitic, Inc., Ayasdi AI LLC, HyperVerge, Inc., and Iris.ai AS.
Based on regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show significant growth owing to recent advancements and rising investments in the RD sector.
Emergen Research has segmented the global decision intelligence market based on the model, software, provider, application, end-use, and region:
Model Outlook (Revenue, USD Billion; 2018–2030)
- Human-based
- Hybrid-based
- Machine-based
Software Outlook (Revenue, USD Billion; 2018–2030)
- Analytics
- Machine Learning
Provider Outlook (Revenue, USD Billion; 2018–2030)
- Big Cloud Providers
- Start-Ups
Application Outlook (Revenue, USD Billion; 2018–2030)
- Demand Forecasting
- Discovering Cause
- Logistics Optimization
End-Use Outlook (Revenue, USD Billion; 2018–2030)
- BFSI
- Healthcare
- Energy
- Media and Entertainment
- Oil and Gas
- Retail
- Transportation
- Others
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The report addresses the following key points:
- The report estimates the expected market size from 2018-to 2028
- The report provides a forecast of market drivers, restraints, and future opportunities for the Decision Intelligence Market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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