The global 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 latest analysis by Emergen Research. Increasing need to make fast and accurate decisions for better outcomes and increasing need for multiple problem-solving options are expected to support market revenue growth between 2021 and 2030. In addition, increasing need for making more accurate data-driven decisions will boost 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.
This study provides a comprehensive look at the Decision Intelligence market from both a qualitative and quantitative perspective as well as crucial statistical information about the market. The research study provides historical data and offers forecasts. Furthermore, the report describes emerging and established players of the market, providing an overview of their business, their product portfolio, their strategic alliances, and their plans for expansion.
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Competitive Terrain:
The global Decision Intelligence industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed 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.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Decision Intelligence market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Decision Intelligence market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Decision Intelligence market.
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Market Segmentations of the Decision Intelligence Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Decision Intelligence market on the basis of product, application, and region:
Segments Covered in this report are:
-
Model Outlook (Revenue, USD Billion; 2018–2030)
- Human-based
- Hybrid-based
- Machine-based
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Software Outlook (Revenue, USD Billion; 2018–2030)
- Analytics
- Machine Learning
-
Provider Outlook (Revenue, USD Billion; 2018–2030)
- Big Cloud Providers
- Start-Ups
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Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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