Decision Intelligence Market Size, Share, Regional Trends, Development Strategy Competitor Analysis

The global decision intelligence market is projected to surge from USD 10.0 billion in 2022 to USD 22.7 billion by 2027, registering a robust Compound Annual Growth Rate (CAGR) of 17.8%, according to a new report by MarketsandMarkets™. This growth is attributed to the increasing preference for data-driven decision making and the need to automate processes while maintaining human expertise.

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Key Findings of the Report:

Market Growth: The decision intelligence market is expected to witness significant growth, driven by the adoption of solutions that combine data analytics, Machine Learning (ML), and Artificial Intelligence (AI) to support informed decision-making.
On-Premises Deployment Gains Traction: While cloud-based solutions offer scalability, on-premises deployment is expected to witness a higher CAGR due to factors like increased data control and customization.
SMEs Drive Market Growth: Small and Medium Enterprises (SMEs) are projected to be the fastest-growing segment, leveraging decision intelligence to gain real-time data insights, improve operational efficiency, and make informed decisions.
APAC Region Emerges as a Growth Leader: The Asia Pacific (APAC) region is poised to witness the highest CAGR due to the rapid proliferation of data across various industries and the growing need for efficient data management solutions.
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Market Leaders:

The report identifies prominent players in the global decision intelligence market, including Google, IBM, Oracle, Microsoft, Board International, Cerebra, Clarifai, Diwo.ai, Domo, H2O.AI, Intel, Metaphacts, Pace Revenue, Paretos, Peak.ai, Provenir, Quantellia, Systems Technology Group, Pyramid Analytics, Tellius, and Course5i.

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This release was published on openPR.