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Decision Intelligence Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

10-24-2023 08:12 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Decision Intelligence Market
The global decision intelligence market was valued at USD 9.8 billion in 2021 and is projected to reach USD 39.3 billion by 2031, growing at a CAGR of 15.2% from 2022 to 2031. The need for rapid, accurate judgments to ensure better outcomes and an increasing need for multiple problem-solving options are some of the key factors projected to drive the worldwide decision intelligence market revenue growth during the forecast period.
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A wide range of industries is now able to fully utilize decision intelligence thanks to the development of ML and AI. This is then anticipated to fuel the market for decision intelligence's expansion.

Decision Intelligence Market Share Analysis
North America dominated the decision intelligence market size in terms of the region in 2021 and is anticipated to maintain its position during the forecast period. This is due to the ability of cutting-edge technologies like artificial intelligence (AI), machine learning (ML), intelligent apps, and natural language queries to transform data dashboards and business analytics into more comprehensive decision-support platforms.
The platform segment dominated the decision intelligence market share in 2021 and is predicted to maintain its dominance during the forecast period as a result of the rise in data-driven decision-making using a decision intelligence platform. The platform democratizes the power of data science and machine learning algorithms so that users of all technical and non-technical backgrounds can access previously inaccessible insights.

Based on the size of the company, the decision intelligence market is split into two categories: major companies and small and medium organizations. In 2021, the large enterprise sector generated the largest revenue share in the decision intelligence market.
Cloud and on-premises deployment categories make up the decision intelligence market. The cloud sector of the decision intelligence market recorded the highest revenue share in 2021. This is due to the fact that plenty of companies think cloud-based AI services are the best option. Instead of building a large data center, businesses can access organizations utilizing the infrastructure already in existence.
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Key Segmentation
Component
• Platform
• Solutions
• Services
Deployment Mode
• On-premise
• Cloud
Large Enterprise Size
• Large Enterprise
• Small and Medium-sized Enterprises (SMEs)
Industry Verticals
• Energy and Utilities
• BFSI
• IT and Telecom
• Government
• Healthcare
• Manufacturing
• Retail and Consumer Goods
• Others
Key Players
Cargill, Incorporated, cj foods, corbion, GIMMESEAWEED, HUBER, IrishSeaweeds, MaraSeaweed, Ocean Harvest Technology Limited, qingdao bright moon seaweed group co.,ltd., Roland Foods LLC, SeaSnax, seasol international pty ltd, Seaweed & Co., SINGHA CORPORATION CO., LTD., TAOKAENOI FOOD & MARKETING PCL
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1. https://reports.valuates.com/market-reports/ALLI-Auto-3F324/artificial-intelligence-ai
2. https://reports.valuates.com/market-reports/QYRE-Auto-7L853/global-ai-in-telecommunication
3. https://reports.valuates.com/market-reports/QYRE-Auto-30G2102/global-artificial-intelligence-in-manufacturing

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