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Business Rules Management Market by Component (Service, Software), Deployment (On-Cloud, On-Premises), Industry - Global Forecast 2023-2030

Publisher 360iResearch
Published Oct 05, 2023
Length 189 Pages
SKU # IRE18313559

Description

Business Rules Management Market by Component (Service, Software), Deployment (On-Cloud, On-Premises), Industry - Global Forecast 2023-2030


The Business Rules Management Market is projected to reach USD 3.27 billion by 2030 from USD 1.31 billion in 2022, at a CAGR of 12.05% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Business Rules Management Market.
  • Based on Component, market is studied across Service and Software. The Service is further studied across Consulting Services, Managed Services, Professional Services, Support & Maintenance, and Training & Education. The Software is further studied across Business Rule Editor, Business Rule Repository, Reporting Component, and Rules Engine Execution Core. The Service is projected to witness significant market share during forecast period.
  • Based on Deployment, market is studied across On-Cloud and On-Premises. The On-Premises is projected to witness significant market share during forecast period.
  • Based on Industry, market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality. The Information Technology is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.74% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Business Rules Management Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Business Rules Management Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Business Rules Management Market, highlighting leading vendors and their innovative profiles. These include Actico, Agiloft, Decisions LLC, Experian Information Solutions, FICO, International Business Machines Corporation, Kissflow, Newgen Software, OpenText, Oracle Corporation, Pegasystems Inc., Salesforce, Inc., SAP SE, SAS, and Software AG.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Business Rules Management Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Business Rules Management Market?
  3. What is the competitive strategic window for identifying opportunities in the Business Rules Management Market?
  4. What are the latest technology trends and regulatory frameworks in the Business Rules Management Market?
  5. What is the market share of the leading vendors in the Business Rules Management Market?
  6. Which modes and strategic moves are suitable for entering the Business Rules Management Market?


Note: PDF & Excel + Online Access - 1 Year

Table of Contents

189 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Business Rules Management Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Collaboration of business and IT for process efficiency and decision making
5.1.1.2. Increased need to manage regulatory and compliance policy
5.1.1.3. Increase adoption of service oriented architecture
5.1.2. Restraints
5.1.2.1. High initial switching cost to the business rule management system
5.1.3. Opportunities
5.1.3.1. Area of decision-as-a-service (DaaS) to focus on data-driven decision making
5.1.3.2. Predictive model integration and support for production rule representation (PRR), rule interchange format (RIF), and semantics business vocabulary and rules (SBVR)
5.1.4. Challenges
5.1.4.1. Threat of vendor lock-in
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
5.10.1. Feature Analysis
5.10.1.1. No-Code App Development
5.10.1.2. Real-Time Process Monitoring
5.10.1.3. Low-Code App Development
5.10.2. Buying Considerations
6. Business Rules Management Market, by Component
6.1. Introduction
6.2. Service
6.3.1. Consulting Services
6.3.2. Managed Services
6.3.3. Professional Services
6.3.4. Support & Maintenance
6.3.5. Training & Education
6.3. Software
6.4.1. Business Rule Editor
6.4.2. Business Rule Repository
6.4.3. Reporting Component
6.4.4. Rules Engine Execution Core
7. Business Rules Management Market, by Deployment
7.1. Introduction
7.2. On-Cloud
7.3. On-Premises
8. Business Rules Management Market, by Industry
8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive & Transportation
8.4. Banking, Financial Services & Insurance
8.5. Building, Construction & Real Estate
8.6. Consumer Goods & Retail
8.7. Education
8.8. Energy & Utilities
8.9. Government & Public Sector
8.10. Healthcare & Life Sciences
8.11. Information Technology
8.12. Manufacturing
8.13. Media & Entertainment
8.14. Telecommunication
8.15. Travel & Hospitality
9. Americas Business Rules Management Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Business Rules Management Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Business Rules Management Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Actico
13.1.2. Agiloft
13.1.3. Decisions LLC
13.1.4. Experian Information Solutions
13.1.5. FICO
13.1.6. International Business Machines Corporation
13.1.7. Kissflow
13.1.8. Newgen Software
13.1.9. OpenText
13.1.10. Oracle Corporation
13.1.11. Pegasystems Inc.
13.1.12. Salesforce, Inc.
13.1.13. SAP SE
13.1.14. SAS
13.1.15. Software AG
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing

Pricing

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