Management Decision Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Component, Deployment, Organisation Size, End-User, and Region.

Management Decision Market size was valued at US$ 5.13 Bn. in 2020, Software Component is the dominating segment in the Management Decision Market.

Management Decision Market Overview:

Decision management is also known as enterprise decision management (EDM) or business decision management (BDM) involves all aspects of designing, controlling, building, and managing the automated decision-making systems used by the organisation to manage its interactions with consumers, workforces, and suppliers. Management decision evaluative software helps an organisation to manage and analyse huge data, deliver decisive results, and solve critical problems. Management Decision Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region.

Management Decision Market Dynamics:

Artificial Intelligence (AI) is being incorporated in several management decision solutions, which influence domain knowledge and human expertise to provide data-driven insights by implementing decision management with business rules and regulations, physical models along machine learning models. Management Decision supports incremental revenue and profit along with increased shareholder value. These factors fuel the Management Decision Market growth across the globe. The Decision Management market is showing northward direction growth, thanks to the growing need for faster operational decisions and business agility in organizations. Organizations across the globe are adopting several marketing strategies to manage enormous competition in the market. For instance, in April 2019, Fair Isaac Corporation (FICO) released the newest version of its Decision Management Platform with improved open Application Programming Interfaces, which allow other consumers and software vendors to connect it to other enterprise systems like ERP or CRM. The Management Decision applications implementation cost is very high, and lack of skilled workers are the major factors that hamper the growth of the global management decision market. Besides, increasing expenditure on analytics is expected to offer substantial opportunities for the management decision market during the forecast period.

Global Management Decision Market Segment Analysis:

Based on the Component, the Management Decision Market is segmented into Software, and Services. The Software segment held the largest market share accounted for 61% in 2020. Increased implementation of decision-making software in the organizations, is helping in banking, system integration, financial services, and insurance for business process systems. The management decision software, empowers organisations to exchange relevant ideas for the betterment of business, drives new business opportunities and growth of organisations. The Service segment is expected to witness significant growth at a CAGR of 9.83% during the forecast period. Growing demand for training & consulting services in organisations by considering the requirement of low investment to improve decision management capabilities drives the management decision growth for this segment. Management Decision Market 1 Based on the Organisation Size, the Management Decision Market is segmented into SMEs and Large Enterprises. The SMEs segment held the largest market share accounted for 53% in 2020. The SMEs sector organisations are growing, as increasing demand for lower costs in the management process, enhanced employee engagement and productivity, data-driven insights for organizational performance, and the future scalability potential of small and medium-sized enterprises (SMEs). SMEs prefer cloud-based solutions over on-premises solutions, and this adoption trend is expected to accelerate during the forecast period, enabling the cloud deployment type to have a significant market growth during the forecast period. Management Decision Market 2 Based on the Deployment, the Management Decision Market is segmented into Cloud and On-premise. The On-premise Deployment segment held the largest market share accounted for 59% in 2020, and is expected to grow at a CAGR of 12.41% during the forecast period. Growing adoption of on-premise management decision software among the heavily regulated industries across the globe fuels the management decision market growth for this segment. The Cloud Deployment segment is expected to register rapid growth at a CAGR of 13% during the forecast period. The increasing size of R&D data and the growing adoption of cloud-based solutions by organisations are making it more essential for management decision providers to deploy the software in the cloud. Management Decision Market 3

Global Management Decision Market Regional Insights:

North America region held the largest market share accounting for 36.62% in 2020. The fastest growth in this region is attributed to the growing adoption of management decision Software and services by various end-users such as retail, IT, BFSI, and other industries. The presence of dominant regional market key players, such as FICO, SAS, TIBCO, and Oracle, along with the adoption of technological advancements by organisations, fuels the product demand for the North America region. Europe region is expected to witness significant growth at a CAGR of 13.66% during the forecast period. Increased industrialization, technological developments, and rising demand for management decision software and services are expected to create numerous opportunities for market growth in the Europe region.   The objective of the report is to present a comprehensive analysis of the Trampoline Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Trampoline Market dynamic, structure by analyzing the market segments and projecting the Trampoline Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Management Decision Market make the report investor’s guide.

Global Management Decision Market Scope: Inquire before buying

 Global Management Decision Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 5.13Bn.
Forecast Period 2021 to 2027 CAGR: 15.4% Market Size in 2027: US $ 9.10Bn.
Segments Covered: by Component • Software • Services
by Deployment • Cloud • On-premise
by Organisation Size • SMEs • Large Enterprises
by End-User •Aerospace and Defense • BFSI • Healthcare and Pharmaceutical • Government • Retail and E-commerce • IT and Telecommunications • Others

Global Management Decision Market by Region

• North America • Europe • Asia Pacific • South America • The Middle East and Africa

Global Management Decision Market Key Players

IBM • FICO • SAS • Oracle • Pega systems • Tibco Software • Sapiens International Corporation Experian • Equifax • Actico • Parmenides • Sparkling Logic • Decision Management Solutions • Open Rules • TIBCO • Experian • Fair Isaac Corporation • Salesforce.com, Inc. • Manthan Software Services Pvt. Ltd.

Frequently Asked Questions:

1] What segments are covered in the Management Decision Market report? Ans. The segments covered in the Management Decision Market report are based on Component, Deployment, Organisation Size, and End-User. 2] Which region is expected to hold the highest share in the Management Decision Market? Ans. The North America region is expected to hold the highest share in the Management Decision Market. 3] What is the market size of the Management Decision Market by 2027? Ans. The market size of the Management Decision Market by 2027 is US $ 9.10 Bn. 4] What is the forecast period for the Management Decision Market? Ans. The Forecast period for the Management Decision Market is 2020-2027. 5] What was the market size of the Management Decision Market in 2020? Ans. The market size of the Management Decision Market in 2020 was US $ 5.13 Bn
1. Global Management Decision Market Size: Research Methodology 2. Global Management Decision Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Management Decision Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Management Decision Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Management Decision Market Size Segmentation 4.1. Global Management Decision Market Size, by Component (2020-2027) • Software • Services 4.2. Global Management Decision Market Size, by Deployment (2020-2027) • Cloud • On-premise 4.3. Global Management Decision Market Size, by Organisation Size (2020-2027) • SMEs • Large Enterprises 4.4. Global Management Decision Market Size, by End-User (2020-2027) • Aerospace and Defense • BFSI • Healthcare and Pharmaceutical • Government • Retail and E-commerce • IT and Telecommunications • Others 5. North America Management Decision Market (2020-2027) 5.1. Global Management Decision Market Size, by Component (2020-2027) • Software • Services 5.2. Global Management Decision Market Size, by Deployment (2020-2027) • Cloud • On-premise 5.3. Global Management Decision Market Size, by Organisation Size (2020-2027) • SMEs • Large Enterprises 5.4. Global Management Decision Market Size, by End-User (2020-2027) • Aerospace and Defense • BFSI • Healthcare and Pharmaceutical • Government • Retail and E-commerce • IT and Telecommunications • Others 5.5. North America Management Decision Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Management Decision Market (2020-2027) 6.1. European Management Decision Market, By Component (2020-2027) 6.2. European Management Decision Market, by Deployment (2020-2027) 6.3. Global Management Decision Market Size, by Organisation Size (2020-2027) 6.4. Global Management Decision Market Size, by End-User (2020-2027) 6.5. European Management Decision Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Management Decision Market (2020-2027) 7.1. Asia Pacific Management Decision Market, By Component (2020-2027) 7.2. Asia Pacific Management Decision Market, by Deployment (2020-2027) 7.3. Global Management Decision Market Size, by Organisation Size (2020-2027) 7.4. Global Management Decision Market Size, by End-User (2020-2027) 7.5. Asia Pacific Management Decision Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Management Decision Market (2020-2027) 8.1. The Middle East and Africa Management Decision Market, By Component (2020-2027) 8.2. The Middle East and Africa Management Decision Market, by Deployment (2020-2027) 8.3. Global Management Decision Market Size, by Organisation Size (2020-2027) 8.4. Global Management Decision Market Size, by End-User (2020-2027) 8.5. The Middle East and Africa Management Decision Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Management Decision Market (2020-2027) 9.1. Latin America Management Decision Market, By Component (2020-2027) 9.2. Latin America Management Decision Market, by Deployment (2020-2027) 9.3. Global Management Decision Market Size, by Organisation Size (2020-2027) 9.4. Global Management Decision Market Size, by End-User (2020-2027) 9.5. Latin America Management Decision Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. IBM 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. FICO 10.3. SAS 10.4. Oracle 10.5. Pega systems 10.6. Tibco Software 10.7. Sapiens International Corporation Experian 10.8. Equifax 10.9. Actico 10.10. Parmenides 10.11. Sparkling Logic 10.12. Decision Management Solutions 10.13. Open Rules 10.14. TIBCO 10.15. Experian 10.16. Fair Isaac Corporation 10.17. Salesforce.com, Inc. 10.18. Manthan Software Services Pvt. Ltd.

About This Report

Report ID 85715
Category Information Technology & Telecommunication
Published Date March 2021
Updated Date Nov 2021
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