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, Cu... もっと見る
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SummaryDecision 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 2024-2034PRODUCT 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 o Software o Services • By Deployment Type o On-premise o Cloud • By Function o Credit risk management o Collection management o Customer experience management o Fraud detection management o Pricing Optimization o Others • By End-User Industry o BFSI o IT and Telecom o Retail and E-commerce o Healthcare o Manufacturing o Energy and Utilities o Government o Automotive o 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. Table of Contents1. Executive Summary1.1. 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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