Global Management Decision Market size was valued at US$ XX Mn. in 2019 and is expected to grow at a CAGR of 15.4% over 2020-2026, to account for US$ XX Mn. in 2026 during a forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Management Decision Market Introduction & Overview:
Management Decision is referred to as EDM (Enterprise Decision Management) or BDM (Business Decision Management). Management decision applications decision-oriented evaluative software that help an enterprise to manage & analyses huge data, deliver decisive results, and solve critical problems.
Global Management Decision Market
The major factor responsible for the growth of the management decision market is the growing need for faster operational decisions and business agility. Companies are adopting various marketing strategies to manage vast competition in the market. Among these strategies, the product launch has increased high popularity. For example, in April 2019 FICO (Fair Isaac Corporation) released the newest version of its DMP (Decision Management Platform) that contains improved open APIs (Application Programming Interfaces) that allow other customers and software vendors to extend the platform with balancing capabilities or connect it to other enterprise systems like ERP or CRM.
On the flip side, various big and small enterprises cannot afford decision management applications, lack of skilled employees are some factors that are expected to restraint the growth of the global management decision market. Moreover, increasing expenditure on analytics is expected to provide significant opportunities for the management decision market during 2020-2026.
By deployment model, the on-premise segment dominated the market, with a market size of US$ XX Mn. in 2019 and to reach US$ XX Mn. by 2026, with a CAGR of 15%. This growth is attributed to the high adoption of on-premise management decision software is high among the heavily regulated industries, wherever storing sensitive information in a public cloud environment is not allowable.
Global Management Decision Market1
Among the industry vertical, the BFSI segment is expected to account for the largest nearly XX % market share by 2026. The rising number of repeatable operation decisions daily is projected to drive the demand for management decisions in the BFSI industry vertical. Likewise, the MMR report will provide an accurate prediction of the contribution of the various segments to the growth of the management decision market size.
Global Management Decision Market Regional Analysis:
The MMR report offers a brief analysis of the major regions in the management decision market, namely, Europe, APAC, North America, South America, and the Middle East & Africa. Among these regions, North America accounted for the largest market share in 2019, with a market value of US$ XX.11 Mn; the regional market is expected to register a CAGR of XX.43% during 2020-2026. In North America, many organizations have fast adopted and invested in developing technologies, like cloud platforms and big data analytics. However, APAC occupied the second largest market share of XX.12% in 2019 thanks to growing commercial investments by various companies in developing economies such as India and China.
Global Management Decision Market2
In recent years, major players in the management decision market have taken several strategic measures, like a new product launch, facility expansions, and partnerships. Such as, in June 2020 SAS Institute, Inc. announced the accessibility of SAS Viya 4 in late 2020, which is caused to take benefit of the latest cloud technologies. Designed to be updated and delivered continuously, modern architecture aids bring powerful analytics to everyone. As SAS Viya integrates the art of decision-making with the science of AI (Artificial Intelligence) and analytics, governments will be able to make better choices, faster.
The objective of the report is to present a comprehensive analysis of the Global Management decision Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. 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 report also helps in understanding Global Management decision Market dynamics, structure by analyzing the market segments and projects the Global Management decision Market size. Clear representation of competitive analysis of key players by End-Use, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Management decision Market the report investor’s guide.
Scope of the Global Management Decision Market
Global Management Decision Market, by Component
Global Management Decision Market, by Deployment Model
Global Management Decision Market, by Function
• Credit Risk Management
• Customer Experience Management
• Compliance Management & Fraud Detection
• Pricing Optimization
Global Management Decision Market, by Organization Size
• Small & Medium-Sized Enterprises
• Large Enterprise
Global Management Decision Market, by Industry Vertical
• IT & Telecom
• Retail & E-commerce
• Energy & Utilities
Key Players Operating in the Global Management Decision Market
• Tibco Software
• Sapiens International CorporationExperian
• Sparkling Logic
• Decision Management Solutions
• OpenRulesThis report submitted by Maximize market Research Company
Customization of the report:
Maximize MarketResearch provides free personalized of reports as per your demand.This reportcan be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Name: Lumawant Godage
Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD.
Address: Omkar Heights, Sinhagad Road, Manik Baug, Vadgaon Bk,Pune, Maharashtra 411051, India.
For more information to visit https://www.maximizemarketresearch.com/market-report/global-management-decision-market/85715/