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Management Decision Market Is Thriving Worldwide | Top Companies, Latest Innovation, Advance Technology

02-29-2020 11:22 AM CET | IT, New Media & Software

Press release from: ReportsandReports

Management Decision Market Is Thriving Worldwide | Top

According to Market Study Report, Management Decision Market provides a comprehensive analysis of the Management Decision Market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Management Decision Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Management Decision Market size is expected to grow from USD 3.09 Billion in 2017 to USD 6.18 Billion by 2022, at a CAGR of 14.9% during the forecast period. This report spread across 136 Pages, Profiling 10 Companies and Supported with 67 Tables and 41 figures are now available in this research.

Top Companies profiled in the Management Decision Market:
o FICO (US)
o SAS (US)
o TIBCO (US)
o Oracle (US)
o IBM (US)
o Sapiens (Israel)
o Experian (Ireland)
o ACTICO (Germany)
o Pega systems (US)
o Equifax (US)
o Parmenides (Germany)
o Decision Management Solutions (US)
o Sparkling Logic (US)

"The credit risk management function is expected to account for the major market size during the forecast period"
The credit risk manage men function is estimated to dominate the Management decision market in 2017. These functions have been in high demand in the highly regulated industry, such as BFSI and retail and consumer goods, where the companies use Management decision to optimize and automate the operational and tactical decision-making process. The credit risk management helps companies minimize compliance risk, improve business operations, and streamline workflow processes.

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"The small and medium-sized enterprises segment is expected to grow at a higher CAGR during the forecast period"
The Small and Medium-sized Enterprises (SMEs) segment is expected to grow at a higher CAGR during the forecast period. The increased competitive market scenario has encouraged SMEs to invest in Management decision software to make effective decisions for their business growth due to dearth of an in-house resource in SMEs. As opposed to the large enterprises, SMEs face resource crunch and require methods to solve the complexities for better cost optimization of their assets and requirements. Cloud-based Management decision solutions enable SMEs to streamline business operational decision-making process and enhance business productivity.

"Asia Pacific is expected to have a high growth potential during the forecast period"
North America is estimated to account for the largest market share in 2017, while APAC is expected to grow at the highest CAGR. APAC is expected to be a lucrative market for Management decision during the forecast period, considering the untapped opportunities and increasing commercial investment in different industry in the region. Multinational companies are expected to emphasize on exploring the APAC market by entering the region through partnerships with local companies, channel partners, and technology partners.

Competitive Landscape of Management Decision Market:
1 Overview
2 Market Ranking
3 Competitive Scenario
3.1 New Product and Service Launches/Product Upgradations
3.2 Business Expansions
3.3 Acquisitions
3.4 Partnerships/Agreements/Collaborations

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Research Coverage:
The Management decision market has been segmented by component, function, deployment type, organization size, industry, and region. The report is expected to help market leaders/new entrants in this market in the following ways:

The report segments the Management decision market comprehensively and provides the closest approximations of the revenue numbers for the overall market and sub segments. The market numbers are further split across different industry and regions. The Management decision market is segmented into various functions where the Management decision software are applied for better business operations in enterprises.

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