Global Decision Intelligence Market Analysis By Components, By Deployment Mode, By Organization Size, By Application & Forecast 2023-2032

The global Decision Intelligence Market was valued at USD 10.56 billion in 2022 and is expected to reach USD 22.57 billion by 2032, growing at an 18.5% CAGR between 2022 and 2032.
Enterprises are working on reducing the need for human intervention when making key judgements based on insufficient data, which is growing the use of technology to foresee an intelligent answer, thereby boosting business income. Digitization in the BFSI sector opens up new chances for industry players to provide innovative decision intelligence products and services, which is expected to increase market demand. For example, Quantexa, a leading global provider of Contextual Decision Intelligence solutions, announced the launch of its inaugural Partner Programme in June 2022, a global framework to better support the growth and success of its consulting, delivery, technology, and data partners from the banking, government, insurance, and telecommunications sectors.

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Market Segmentation:
• Decision Intelligence Market can be segmented based on the component type, such as software, hardware, and services.
• Decision Intelligence Market can be segmented based on the deployment model, such as on-premises and cloud-based.
• Decision Intelligence Market can be segmented based on the application area, such as finance, marketing, sales, supply chain management, and human resources.
• Decision Intelligence Market can be segmented based on the size of the organization, such as small and medium-sized enterprises (SMEs) and large enterprises.
• Decision Intelligence Market can also be segmented based on the industry vertical, such as healthcare, banking and financial services, retail, and manufacturing.

Key Players:
• IBM Corporation
• Google LLC
• Microsoft Corporation
• Amazon Web Services (AWS)
• Oracle Corporation
• SAP SE
• Salesforce.com, Inc.
• SAS Institute Inc.
• FICO
• Infosys Limited
• TIBCO Software Inc.
• GoodData Corporation
• ThoughtSpot Inc.
• Alteryx, Inc.
• DataRobot, Inc.

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Regional Analysis:
The decision intelligence market is still in its early stages of development and adoption. North America and Europe are currently the largest markets for decision intelligence solutions, as they have a large number of companies that are early adopters of new technologies and have the resources to invest in advanced analytics and AI-based solutions. The Asia-Pacific region is expected to see significant growth in the decision intelligence market, driven by the rapid digitization of businesses and the increasing adoption of AI and analytics solutions in countries such as China, India, and Japan. The Middle East and Africa region is also expected to grow at a significant rate, driven by the increasing adoption of digital technologies in industries such as healthcare, banking, and transportation. Overall, the decision intelligence market is expected to experience strong growth globally, as businesses increasingly rely on data-driven insights to make critical decisions and gain a competitive advantage.

Impact of COVID-19 on the global Decision Intelligence Market:
The COVID-19 pandemic has had a significant impact on the decision intelligence market. While the pandemic has disrupted many industries, it has also created opportunities for decision intelligence vendors as businesses seek to make sense of the rapidly changing landscape. One of the main impacts of COVID-19 on Decision Intelligence Market has been the increased demand for decision intelligence solutions in industries such as healthcare, retail, and finance. As these industries have been heavily impacted by the pandemic, they have had to adapt quickly to changing conditions and make critical decisions based on limited information. Decision intelligence solutions that can provide real-time insights and predictive analytics have become increasingly important in this context. The pandemic has also accelerated the adoption of cloud-based decision intelligence solutions, as businesses seek to enable remote work and reduce their reliance on on-premises infrastructure. This has led to increased demand for cloud-based analytics and AI platforms that can be accessed from anywhere and provide scalability and flexibility. However, the pandemic has also created challenges for the decision intelligence market, particularly in terms of supply chain disruptions and a shift in customer priorities. As businesses focus on cost-cutting and cash preservation, they may delay or reduce their investments in new technologies such as decision intelligence. Overall, the long-term impact of COVID-19 on the decision intelligence market is still uncertain, but it is likely that the pandemic will accelerate the adoption of data-driven decision making and increase demand for analytics and AI solutions.

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