The global management decision market size is projected to reach USD 9.2 billion by 2026 at a CAGR of 13.1% from USD 5.1 billion in 2021 during the forecast period 2021-2028.
The foremost factors that are expected to drive the adoption of management decision software system solutions and services among giant players, in addition as SMEs across many verticals, together with BFSI, IT and medium, producing, retail and commodity, government, tending and life sciences, energy and utilities, transportation and supply are increasing adoption of cloud and digital transformation. Developing countries across APAC and MEA are expected to offer a lot of opportunities for vendors within the market.
Growing need for faster operational decisions and improved process efficiency and reduced dependency on IT teams for writing business rules are some of the factors that have supported long term growth for management decision market.
The pandemic has had a positive impact on the management call market. The COVID-19 pandemic and therefore the proliferation of remote work environments have created new advanced barriers for businesses to beat.
After North America, Europe is expected to hold the highest market share during the forecast period. Increasing need to improve decision making quality with enhanced business agility and meet compliance standards is expected to drive the North American and European markets.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Market Revenue In 2021 |
USD 3.8 billion |
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Growth Rate |
CAGR of 13.1% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
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Report Segmentation |
Growth Mechanism, Structure, and Geography |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
IBM, FICO, SAS, Oracle, Pegasystems, TIBCO Software, Sapiens International Corporation, Experian, Equifax, Actico, Parmenides, Decision Management Solutions, OpenRules, Sparkling Logic, Scorto, RapidGen, Progress, InRule CRIF, Decisions, Enova Decisions, FlexRule, Rulex, Seon, Decisimo |
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Available Customization |
In addition to the market data for Management decision Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Management decision Market is segmented into component, function, deployment mode, and geography.
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