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Decision intelligence (DI) is a technology-based discipline that helps businesses make better decisions by integrating artificial intelligence (AI) and human decision-making. Decision intelligence combines different decision-making techniques with artificial intelligence (AI), automation, business intelligence (BI), and forward-thinking decision-makers to drive a significant impact on the organization, achieve a higher return on data, and allow users to gather actionable intelligence that powers more progressive decisions. Increasing demand for data-driven and real-time decision-making across businesses to stay competitive elevates the need for decision intelligence platforms. The increasing adoption and availability of AI and machine learning (ML) technologies drive the adoption of decision intelligence solutions. High implementation costs and security & privacy concerns associated with decision intelligence solutions hamper the market's growth. The ongoing introduction of advanced decision intelligence platforms that offer several benefits, such as scalability, flexibility, and cost-effectiveness, by market vendors is expected to create opportunities for market growth.
Regional Insights
America's decision intelligence market is evolving and reinforcing over the forecast period with the growing integration of faster, more accurate, and automated decision intelligence across businesses. The rising need for advanced and digitized technologies is envisioned to offer massive opportunities for the decision intelligence market to grow in the region. Digitalization has given the European region further impetus to accelerate the technological transition by promoting enabling technologies such as cloud computing, quantum technologies, and AI & ML. The Digital Compass, a strategy proposal from the European Commission, sets specific digital targets and milestones to be reached by 2030 across skills, business, government, and infrastructure. According to Eurostat, in 2020, 7% of enterprises in the European Union (EU), with approximately ten people employed, used AI applications, and 2% of the enterprises used machine learning to analyze big data internally. The evolving use of new AI technologies with major government initiatives for digitalizing end-user industries is accelerating the potential for the adoption of decision intelligence software. The Asia-Pacific decision intelligence market is developing, driven by the existence of international players enhancing their product footprint across data analytics and Artificial intelligence (AI). Startups in the region are raising funds to accelerate research and development on AI product enhancement, thereby supporting the potential for designing decision intelligence tools.FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Decision Intelligence Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Decision Intelligence Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the Decision Intelligence Market, highlighting leading vendors and their innovative profiles. These include Actico GmbH, Advanced Micro Devices, Inc., Aera Technology, Arm Limited, Automation Anywhere, Inc., Ayasdi AI LLC, Busigence Technologies, C3.ai, Inc., Clarifai, Inc., Cloudera, Inc., Cogneau Systems Private Limited, Enlitic, Inc., Google LLC by Alphabet Inc., H2O.ai., Intel Corporation, International Business Machines Corporation, Microsoft Corporation, nextmv.io inc., NVIDIA Corporation, Paretos GmbH, Peak AI Ltd., Provenir, Pyramid Analytics BV, Tellius, Inc., Vidora Corp., and Xylem Inc.Market Segmentation & Coverage
This research report categorizes the Decision Intelligence Market to forecast the revenues and analyze trends in each of the following sub-markets:- Model
- Human-Based
- Hybrid-Based
- Machine-Based
- Provider
- Big Cloud Providers
- Start-Ups
- End-Use
- BFSI
- Healthcare
- Media and Entertainment
- Oil and Gas
- Retail
- Transportation
- Application
- Demand Forecasting
- Discovering Cause-and-Effect Links
- Logistics Optimization
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as
- What is the market size and forecast of the Decision Intelligence Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Decision Intelligence Market?
- What are the technology trends and regulatory frameworks in the Decision Intelligence Market?
- What is the market share of the leading vendors in the Decision Intelligence Market?
- Which modes and strategic moves are suitable for entering the Decision Intelligence Market?
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Table of Contents
Companies Mentioned
- Actico GmbH
- Advanced Micro Devices, Inc.
- Aera Technology
- Arm Limited
- Automation Anywhere, Inc.
- Ayasdi AI LLC
- Busigence Technologies
- C3.ai, Inc.
- Clarifai, Inc.
- Cloudera, Inc.
- Cogneau Systems Private Limited
- Enlitic, Inc.
- Google LLC by Alphabet Inc.
- H2O.ai.
- Intel Corporation
- International Business Machines Corporation
- Microsoft Corporation
- nextmv.io inc.
- NVIDIA Corporation
- Paretos GmbH
- Peak AI Ltd.
- Provenir
- Pyramid Analytics BV
- Tellius, Inc.
- Vidora Corp.
- Xylem Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 187 |
Published | March 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 11.68 Billion |
Forecasted Market Value ( USD | $ 23.09 Billion |
Compound Annual Growth Rate | 10.1% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |