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Decision Management Market Size, Share, and Analysis, By Component (Software and Services), By Deployment Type (On-premise and Cloud), By Function (Credit risk management, Collection management, Customer experience management, Fraud detection management,

Publisher Fatpos Global
Published Aug 01, 2024
Length 498 Pages
SKU # FAGL19312080

Description

Decision Management Market Size, Share, and Analysis, By Component (Software and Services), By Deployment Type (On-premise and Cloud), By Function (Credit risk management, Collection management, Customer experience management, Fraud detection management, Pricing Optimization, and Others), By End-User Industry (BFSI, IT and Telecom, Retail and E-commerce, Healthcare, Manufacturing, Energy and Utilities, Government, Automotive, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034


Decision Management Market Size, Share, and Analysis, By Component (Software and Services), By Deployment Type (On-premise and Cloud), By Function (Credit risk management, Collection management, Customer experience management, Fraud detection management, Pricing Optimization, and Others), By End-User Industry (BFSI, IT and Telecom, Retail and E-commerce, Healthcare, Manufacturing, Energy and Utilities, Government, Automotive, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034

PRODUCT OVERVIEW

Decision Management Market is projected to grow at a CAGR of 19.3% in the forecast period (2024-2034), with the market size valued at USD 7.8 billion in 2023 and expected to reach USD 39.6 billion by 2034.

Decision management is a systematic approach to creating, optimizing, and executing decisions within an organization. It combines data analytics and business principles to improve decision-making across multiple operations. This approach aims to enhance the consistency and efficiency of decision processes by utilizing technology, data analysis, and human expertise. Its main objective is to simplify complex decision-making by breaking it down into manageable components. Decision models, algorithms, and predictive analytics are frequently used in decision management systems to automate recurrent decisions, enabling organizations to rely on data-driven decisions and adapt their strategies in response to evolving circumstances. Furthermore, decision management facilitates informed and timely decisions, resulting in enhanced business performance.

MARKET HIGHLIGHTS

The Decision Management Market is projected to grow at a CAGR of 19.3% during the forecast period (2024-2034), with the market size expected to reach USD 39.6 billion by 2034. This growth is driven by increasing digitization across industries, leading to rising demand for smooth and reliable decision-making operations. Organizations are adopting decision management solutions to improve resource allocation, enhance customer interactions, and increase operational flexibility. The incorporation of AI and machine learning functionalities within decision management systems enables advanced and predictive decision-making capabilities. Additionally, cloud-based services are gaining popularity for their scalability and remote accessibility. The market expansion is further fueled by the surge in demand for decision support systems and the need to comply with regulations, swiftly adopted by industries recognizing the value of data-driven decisions.

Decision Management Market Segments:
  • By Component
  • Software
  • Services
  • By Deployment Type
  • On-premise
  • Cloud
  • By Function
  • Credit risk management
  • Collection management
  • Customer experience management
  • Fraud detection management
  • Pricing Optimization
  • Others
  • By End-User Industry
  • BFSI
  • IT and Telecom
  • Retail and E-commerce
  • Healthcare
  • Manufacturing
  • Energy and Utilities
  • Government
  • Automotive
  • Others
MARKET DYNAMICS

Growth Drivers

Growing Infrastructure Development Encourages Industry Expansion

Increased Focus on Operational Effectiveness Promotes Market Growth

Restraint

Data Integrity and Quality Challenges May Limit Market Expansion

Key Players
  • IBM Corporation
  • SAS Institute Inc.
  • Oracle Corporation
  • SAP SE
  • FICO (Fair Isaac Corporation)
  • TIBCO Software Inc.
  • Pegasystems Inc.
  • Experian Information Solutions, Inc.
  • OpenText Corporation
  • Sapiens International Corporation
  • Red Hat, Inc. (part of IBM)
  • Software AG
  • ACTICO GmbH
  • Sparkling Logic, Inc.
  • Equifax Inc.
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 2-3 business days upon order confirmation*

Table of Contents

498 Pages
1. Executive Summary
1.1. Regional Market Share
1.2. Business Trends
1.3. Decision Management Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1. Market Definition
3.2. Decision Management Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. Decision Management Market – Industry Insights
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7. Market Dynamics
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8. Risk Analysis
9. Market Analysis
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10. Decision Management Market
10.1. Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. Decision Management Market Size & Forecast 2024A-2034F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Component
11.3.1.1. Software
11.3.1.1.1. By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2. Services
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2. Market Share (%) 2024-2034F
11.3.1.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.2. By Deployment Type
11.3.2.1. On-Premises
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2. Market Share (%) 2024-2034F
11.3.2.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Cloud
11.3.2.2.1. By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.3. By Function
11.3.3.1. Credit Risk Management
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2. Market Share (%) 2024-2034F
11.3.3.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.2. Collection Management
11.3.3.2.1. By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.3. Customer Experience Management
11.3.3.3.1. By Value (USD Million) 2024-2034F
11.3.3.3.2. Market Share (%) 2024-2034F
11.3.3.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.4. Pricing Optimization
11.3.3.4.1. By Value (USD Million) 2024-2034F
11.3.3.4.2. Market Share (%) 2024-2034F
11.3.3.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.5. Fraud Detection Management
11.3.3.5.1. By Value (USD Million) 2024-2034F
11.3.3.5.2. Market Share (%) 2024-2034F
11.3.3.5.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.6. Others
11.3.3.6.1. By Value (USD Million) 2024-2034F
11.3.3.6.2. Market Share (%) 2024-2034F
11.3.3.6.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.6.4.
11.3.4. By End-User
11.3.4.1. BFSI
11.3.4.1.1. By Value (USD Million) 2024-2034F
11.3.4.1.2. Market Share (%) 2024-2034F
11.3.4.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.2. IT and Telecom
11.3.4.2.1. By Value (USD Million) 2024-2034F
11.3.4.2.2. Market Share (%) 2024-2034F
11.3.4.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.3. Retail and E-Commerce
11.3.4.3.1. By Value (USD Million) 2024-2034F
11.3.4.3.2. Market Share (%) 2024-2034F
11.3.4.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.4. Healthcare
11.3.4.4.1. By Value (USD Million) 2024-2034F
11.3.4.4.2. Market Share (%) 2024-2034F
11.3.4.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.5. Manufacturing
11.3.4.5.1. By Value (USD Million) 2024-2034F
11.3.4.5.2. Market Share (%) 2024-2034F
11.3.4.5.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.6. Energy & Utilities
11.3.4.6.1. By Value (USD Million) 2024-2034F
11.3.4.6.2. Market Share (%) 2024-2034F
11.3.4.6.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.7. Government
11.3.4.7.1. By Value (USD Million) 2024-2034F
11.3.4.7.2. Market Share (%) 2024-2034F
11.3.4.7.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.8. Automotives
11.3.4.8.1. By Value (USD Million) 2024-2034F
11.3.4.8.2. Market Share (%) 2024-2034F
11.3.4.8.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.8.4.
11.3.4.9. Others
11.3.4.9.1. By Value (USD Million) 2024-2034F
11.3.4.9.2. Market Share (%) 2024-2034F
11.3.4.9.3. Y-o-Y Growth (%) 2024-2034F
12. North America Decision Management Market Size & Forecast 2024A-2034F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Component
12.3.2. By Deployment Type
12.3.3. By Function
12.3.4. By End-User Industry
12.4. Country
12.4.1. United States
12.4.2. Canada
13. Europe Decision Management Market Size & Forecast 2024A-2034F
13.1. Overview
13.2. Key Findings
13.2.1. By Component
13.2.2. By Deployment Type
13.2.3. By Function
13.2.4. By End-User Industry
13.3. Country
13.3.1. Germany
13.3.2. United Kingdom
13.3.3. France
13.3.4. Italy
13.3.5. Spain
13.3.6. Russia
13.3.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. Asia-Pacific Decision Management Market Size & Forecast 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Component
14.3.2. By Deployment Type
14.3.3. By Function
14.3.4. By End-User Industry
14.4. Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. Middle East and Africa Decision Management Market Size & Forecast 2024A-2034F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Component
15.3.2. By Deployment Type
15.3.3. By Function
15.3.4. By End-User Industry
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16. Latin America Decision Management Market Size & Forecast 2024A-2034F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Component
16.3.2. By Deployment Type
16.3.3. By Function
16.3.4. By End-User Industry
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. Competitive Landscape
17.1. Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1. IBM Corporation
18.1.1. Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. SAS Institute Inc.
18.3. Oracle Corporation
18.4. SAP SE
18.5. FICO (Fair Isaac Corporation)
18.6. TIBCO Software Inc.
18.7. Pegasystems Inc.
18.8. Experian Information Solutions, Inc.
18.9. OpenText Corporation
18.10. Sapiens International Corporation
18.11. Red Hat, Inc. (part of IBM)
18.12. Software AG
18.13. ACTICO GmbH
18.14. Sparkling Logic, Inc.
18.15. Equifax Inc.
18.16. Other Prominent Players
19. Appendix
20. Consultant Recommendation

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