According to a new report, published by KBV research, The Global Decision Intelligence Market size is expected to reach $26 billion by 2028, rising at a market growth of 17.5% CAGR during the forecast period.
The On-premise segment is showcasing a CAGR of 15.4% during (2022 - 2028). Decision intelligence may benefit the business in a variety of ways, including by making insights as well as data more accessible, hastening the decision-making process, and facilitating flexibility and agility in times of high demand. In contrast to conventional methods, modern, cloud-based decision intelligence can profit from speedy adaption. It is a strong engine that feeds data through several apps, APIs, and filters to reach its destination in a usable state. It is capable of autonomous storage and computes scaling.
The Platform segment acquired maximum revenue share in the Global Decision Intelligence Market by Component in 2021 thereby, achieving a market value of $12 billion by 2028. As more and more data is generated and gathered by businesses, there is an increasing need to combine information from various independent sources. Due to the glut of data, or "big data," IT behemoths like Microsoft, IBM, and Google were forced to design and build decision intelligence platforms to aid IT teams in streamlining and controlling the process.
The SMEs segment has shown the growth rate of 19.2% during (2022 - 2028). In SMEs, decision intelligence is essential. Businesses must be able to gather data from millions of individuals and analyze the findings in nearly real-time to create databases. Decision intelligence accelerates critical business processes and aids in data management to obtain real-time data insights. To acquire advanced analytics and metrics, cost savings from streamlined procedures, higher operational efficiency, accurate market trend prediction, improved information security, and better decision-making, decision intelligence may be very beneficial to improve the customer information of SMEs.
The BFSI segment is leading the Global Decision Intelligence Market by Vertical in 2021 thereby, achieving a market value of $5.5 billion by 2028. This is because decision intelligence technologies are increasingly being used to boost income at a cheap cost. In order to service more consumers at once and grow market share for the institution, decision intelligence technology is being used in banking & financial institution operations. Utilizing decision intelligence technology, businesses can respond to client requests quickly, accurately, and effectively.
The North America market dominated the Global Decision Intelligence Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $9.5 billion by 2028. The Europe market is exhibiting a CAGR of 17.2% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 18.3% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/decision-intelligence-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Oracle Corporation, IBM Corporation, Microsoft Corporation, Intel Corporation, Google LLC (Alphabet Inc.), Domo, Inc., Board International S.A., Provenir, Pyramid Analytics BV, and H2O.ai, Inc.
By Deployment
By Component
By Organization Size
By Vertical
By Geography
Companies Profiled
Unique Offerings 
