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Decision Intelligence Market Size

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

 

Decision Intelligence Market Report Attributes
Report Attribute Details
Base Year:2022
Decision Intelligence Market Size in 2022:USD 10 Billion
Forecast Period:2023 to 2032
Forecast Period 2023 to 2032 CAGR:10%
2032 Value Projection:USD 25 Billion
Historical Data for:2018 to 2022
No. of Pages:200
Tables, Charts & Figures:455
Segments covered:Components, Deployment Mode, Organization Size, Application, End Use and Regions
Growth Drivers:
  • Increasing demand for customized products
  • Increasing need for making fast and accurate decisions for a better outcome
  • Increasing need for multiple problem-solving options
  • Increasing need to lower the risks associated with human decisions
    • Pitfalls & Challenges:
  • High initial cost
  • Lack of technology knowledge among users
  • Rise in unemployment
    • Learn more about the key segments shaping this market
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    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

  • Decision Intelligence Market Size
  • Decision Intelligence Market Analysis
  • Decision Intelligence Market Share

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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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