Management Decision Market - Trends Forecast Till 2028

Management Decision Market, by Component (Software, Services), Function (Collection Management, Customer Experience Management, Fraud Detection Management, Pricing Optimization, Credit Risk Management, Other Functions) Deployment Mode (Cloud, On-Premises) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-IT-MDM-840

Format:  

Number of Pages: 318

Domain: IT & Telecom

Management Decision Market – Trends Forecast Till 2028

The global management decision market size is projected to reach USD 9.2 billion by 2026 at a CAGR of 13.1% from USD 5.1 billion in 2021 during the forecast period 2021-2028.

The foremost factors that are expected to drive the adoption of management decision software system solutions and services among giant players, in addition as SMEs across many verticals, together with BFSI, IT and medium, producing, retail and commodity, government, tending and life sciences, energy and utilities, transportation and supply are increasing adoption of cloud and digital transformation. Developing countries across APAC and MEA are expected to offer a lot of opportunities for vendors within the market.

Growing need for faster operational decisions and improved process efficiency and reduced dependency on IT teams for writing business rules are some of the factors that have supported long term growth for management decision market.

The pandemic has had a positive impact on the management call market. The COVID-19 pandemic and therefore the proliferation of remote work environments have created new advanced barriers for businesses to beat.

Management Decision Market Research Report

After North America, Europe is expected to hold the highest market share during the forecast period. Increasing need to improve decision making quality with enhanced business agility and meet compliance standards is expected to drive the North American and European markets.

Management decision Market is segmented into component, function, deployment mode, and geography.

On the basis of Component

  • Software
  • Services

On the basis of Function

  • Collection Management
  • Customer Experience Management
  • Fraud Detection Management
  • Pricing Optimization
  • Credit Risk Management
  • Other Functions

On the basis of Deployment Mode

  • Cloud
  • On-Premise

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Management Decision Market Primary Respondent

 

Key Players

  • IBM
  • FICO
  • SAS
  • Oracle
  • Pegasystems
  • TIBCO Software
  • Sapiens International Corporation
  • Experian
  • Equifax
  • Actico
  • Parmenides
  • Decision Management Solutions
  • OpenRules
  • Sparkling Logic
  • Scorto
  • RapidGen
  • Progress
  • InRule
  • CRIF
  • Decisions
  • Enova Decisions
  • FlexRule
  • Rulex
  • Seon
  • Decisimo

Recent Developments

  • In April 2021, FICO partnered with Neurotech, with the objective to lead the national market for credit risk management solutions.
  • In September 2020, Pegasystems launched Value Finder to assist organizations engage their most underserved customers with messages and offers designed for their specific needs.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Management decision market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 3.8 billion

Growth Rate

CAGR of 13.1% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

Growth Mechanism, Structure, and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

IBM, FICO, SAS, Oracle, Pegasystems, TIBCO Software, Sapiens International Corporation, Experian, Equifax, Actico, Parmenides, Decision Management Solutions, OpenRules, Sparkling Logic, Scorto, RapidGen, Progress, InRule

CRIF, Decisions, Enova Decisions, FlexRule, Rulex, Seon, Decisimo

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