Report Ocean is a comprehensive analysis of the “Decision Intelligence Platform Market” that includes both qualitative and quantitative data. The report covers various regions and provides insights into major industry changes, challenges faced by businesses and competitors, and potential new opportunities in the market. It also includes a SWOT analysis, Porter’s Five Forces model, and a value chain review to help readers understand the industry’s position in the market and the stakeholder positions.
The Decision Intelligence Platform (DIP), a suite of software tools, stands as a catalyst for enhanced business decision-making by seamlessly integrating decision tools, data analytics, and data visualization. Positioned as a game-changer, DIPs furnish organizations with valuable insights, boosting operational efficiency, decision-making accuracy, cost-effectiveness, and customer satisfaction. The DIP market is propelled by three pivotal drivers: the pursuit of predictive analytics, the imperative for real-time decision-making, and the ever-expanding footprint of AI and ML technologies. As businesses increasingly turn to data-driven insights, the benefits of DIPs are set to propel industry growth at an accelerated pace.
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According to Statista, the predictive analytics software market, valued at USD 5.29 billion in 2020, is anticipated to surge to USD 41.52 billion by 2028. Predictive analytics finds extensive application in managing supply chains, corporate operations, and understanding customer behavior. The United States dominated data-driven decision-making within organizations in 2020, with 77% of respondents indicating high reliance. Germany and the United Kingdom also emerged as noteworthy nations for data-driven decision-making within organizations. Furthermore, the rising demand in the Internet of Things (IoT) and the bitcoin market augments market opportunities in the forecast years. However, the market faces challenges from a shortage of qualified individuals, impeding growth throughout the forecast period of 2023-2030.
Key Regions and Market Players:
The key regions considered for the Global Decision Intelligence Platform Market study include Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Presently, North America commands the largest share of the global DIP market, attributed to its advanced IT infrastructure, rapid adoption of new technologies, and the significant presence of key DIP providers. The Asia Pacific region is anticipated to witness accelerated growth, outpacing other regions, driven by the increasing use of big data analytics and cloud computing in countries such as China and India.
Major Market Players:
- Astral Consulting Limited
- SAS Institute
- Tellius, Inc.
- Peak AI
- Synergies Intelligent Systems Inc.
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- In September 2022, Auto lenders gained access to Provenir’s AI-driven solutions through a collaboration between Inovatec Systems and the leader in AI-powered decisioning software. This integration facilitates efficient lending processes through Inovatec’s LOS platform, enhancing the automotive lending landscape.
- In July 2022, IBM acquired Databand.ai, a data observability software provider, reinforcing its leadership in observability. This strategic move ensures the delivery of trustworthy data, identifying and rectifying data issues, inaccuracies, and low-quality data, ultimately improving IBM’s software portfolio through data, AI, and automation.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also provides detailed information about crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest in, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:
By Deployment Mode:
By Organization Size:
- Small and Medium Enterprises (SME)
- Large Enterprises
By Industry Vertical:
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- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Global Decision Intelligence Platform Market Report Scope:
- Historical Data: 2020 – 2021
- Base Year for Estimation: 2022
- Forecast Period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Deployment mode, Organization Size, Industry Vertical, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
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Key Questions Answered by the Report:
- What are the driving factors for market growth?
- What challenges and limitations does the market face?
- What emerging opportunities exist in the market?
- What potential threats and risks could impact the market?
- What is the current market size and growth rate?
- What are the market segments and their sizes?
- Which regions are projected to experience the highest growth and market share?
- What variables affect different geographical areas?
- Who are the major players in the market and their rankings?
- What recent partnerships, launches, expansions, or acquisitions have occurred among the companies profiled?
- What are the comprehensive profiles of the top market players, including business overview, insights, product benchmarking, and SWOT analysis?
- What is the present market outlook, considering recent changes and growth possibilities?
- What are the drivers, obstacles, and restrictions in both developing and emerging regions?
- How does the market analysis utilize Porter’s five forces analysis?
- How does the Value Chain provide insights into market dynamics?
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