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Decision Intelligence Market Size By Components (Solution, Consulting & Advisory Service, Others], Platform), By Deployment Mode (On-premises, Cloud-based), By Organization Size, By Application (Demand Forecasting, Discovering Cause & More), By End Use, 2023 - 2032

  • Report ID: GMI5445
  • Published Date: Mar 2023
  • Report Format: PDF

Decision Intelligence Market Size

Decision Intelligence Market size surpassed USD 10 billion in 2022 and is expected to grow at over 10% CAGR between 2023 and 2032, owing to the growing demand for multiple problem-solving solutions.

Decision Intelligence Market

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Decision intelligence has emerged as one of the most critical technical imperatives today as firms of all sizes strive to become data driven. With the growing pressure to digitize and gain competitive advantage from new technologies such as AI and ML, decision intelligence is emerging as a solution capable of connecting decision support, decision management, and complex system applications. The burgeoning need to decrease certain risks posed by human decision-making is set to spur the decision intelligence market revenue growth.

Inadequate availability of technologies to slow down decision intelligence market progress

The lack of sufficient developments to enable technological breakthroughs in decision intelligence devices is hindering product acceptance across some industrial verticals. Current software solutions are unable to fully use hardware-based developments including the introduction of decision intelligence technologies. Nevertheless, technology firms are investing heavily in R&D operations to combine augmented analytics capabilities with AI and ML, to assist enterprises in moving beyond the boundaries of traditional business intelligence.

Decision Intelligence Market Analysis

Global Decision Intelligence Market Share  By Deployment Mode

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The decision intelligence market revenue from cloud-based segment generated over USD 5 billion in 2022, owing to their independent scaling capabilities for computing and storage. Additionally, companies are taking efforts to introduce advanced and simplified cloud-based decision intelligence solutions. For instance, in February 2023, the analytics automation business Alteryx, Inc. unveiled enterprise-grade and self-service features for the Alteryx Analytics Cloud Platform to assist clients in making quicker and more intelligent decisions. The updated platform offers complete Designer Cloud access and provides an intuitive, easy-to-use drag-and-drop interface accessible to employees of all skill levels, without sacrificing data security requirements.

In terms of organization size, the large enterprise segment held over 50% decision intelligence market share in 2022, as major enterprises are switching from traditional dashboards and manual data analysis to advanced decision intelligence technologies to help their business and analytics teams make more rapid and reliable decisions. Furthermore, the growing product adoption by major enterprises to integrate information and the growing amount of data that these firms collect on a regular basis from several independent sources are predicted to fuel the market expansion.


Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of decision intelligence generated more than USD 10 billion in 2022 and is set to witness 10% CAGR through 2032, due to the rising demand for multiple problem-solving solutions.

The manufacturing segment is foreseen to account for more than 5% market share by 2032, driven by the rising need of manufacturing enterprises for precise detection of business risks and opportunities.

The market for decision intelligence in North America was valued at $1 billion USD in 2022, owing to the growing deployment of AI and ML-enabled decision Intelligence in the US government sector.

Advanced Micro Devices, Inc., Baidu, Inc., AiCure LLC, Arm Limited, Clarifai, Inc., H2O.ai, Inc., Ayasdi AI LLC., and Enlitic, Inc., are some of the top firms operating in the industry.

Decision Intelligence Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 17
  • Tables & Figures: 455
  • Countries covered: 16
  • Pages: 200
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