Market Overview:
The global decision-making software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based decision-making software and the growing need for real-time data analytics in organizations. The large enterprise segment is expected to account for the majority of the market share during the forecast period, owing to the increasing adoption of decision-making software by large enterprises across different industries. North America is expected to hold a major share of the global decision-making software market in 2018, followed by Europe and Asia Pacific.
Product Definition:
Decision-making software is a computer program that helps people make decisions. It can provide information about different options, calculate the risks and benefits of each option, and help people weigh the pros and cons of each choice. Decision-making software can be used in a variety of settings, including business, government, education, and personal life.
Cloud based:
Cloud-based software is a type of software service model that provides shared computer resources over the internet. It is an emerging trend in the IT industry and has been rapidly gaining popularity among businesses all over the world. Cloud-based services offer several benefits to organizations such as reduced operational cost, increased efficiency, flexibility, and scalability along with other services such as online backup and disaster recovery which are anticipated to drive its demand in various business sectors including BFSI during the forecast period.
On premise:
On premise is a term used for software or hardware installed on the end user's computer. The software or hardware is directly connected to the network and can be accessed by multiple users from different locations. An on-premise solution offers several advantages such as easy integration, high data security, and easy maintenance of records.
Application Insights:
The large enterprise segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth of this segment can be attributed to factors such as increasing demand for smart, fast and efficient decision-making solutions by enterprises. Large enterprises are characterized by complex business problems, diverse stakeholders with varying interests and a large number of decisions that need to be made daily. These organizations require robust decision-making software that can help them make better decisions quickly while reducing costs associated with multiple resources required in traditional approaches.
The SMB segment is expected register a significant CAGR during the forecast period owing to increased penetration of cloud based MDM solutions across small businesses globally which are increasingly adopting these services due to growing complexity levels in their operations coupled with an increased need for effective decision-making processes within these organizations at global level as well as locally.
Regional Analysis:
The North American region dominated the global market in 2017. The growth can be attributed to the presence of major technology players, such as IBM Corporation; Microsoft Corporation; Oracle Corporation; and Salesforce.com, Inc., in this region. Moreover, increasing demand for cloud-based decision-making software is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to emerge as a lucrative regional market during the forecast period owing to growing adoption of advanced technologies and rising number of small & medium enterprises (SMEs) in this region.
Europe also accounted for a significant share in terms of revenue generation owing largely large enterprises that use these solutions due their size.
Growth Factors:
- Increasing demand for big data and analytics software to make better and faster decisions
- Proliferation of cloud-based decision-making software, which makes the technology more accessible to businesses of all sizes
- The increasing use of business intelligence (BI) and data visualization tools to help employees make sense of complex data sets
- The growing popularity of artificial intelligence (AI) and machine learning algorithms, which can help automate the decision-making process
- The increasing number of startups focused on developing innovative decision-making technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Decision-making Software Market Research Report
By Type
Cloud based, On premise
By Application
Large Enterprise, SMB
By Companies
SAP, Qlik, Information Builders, Parmenides, TIBCO Software, Riskturn, Paramount Decisions, Lumina Decision Systems, Ideyeah Solutions, GoldSim Technology Group, 1000Minds, Tribium Software, Palisade, Banxia Software, CampaignGO, Defense Group, Dataland Software
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Decision-making Software Market Report Segments:
The global Decision-making Software market is segmented on the basis of:
Types
Cloud based, On premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprise, SMB
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SAP
- Qlik
- Information Builders
- Parmenides
- TIBCO Software
- Riskturn
- Paramount Decisions
- Lumina Decision Systems
- Ideyeah Solutions
- GoldSim Technology Group
- 1000Minds
- Tribium Software
- Palisade
- Banxia Software
- CampaignGO
- Defense Group
- Dataland Software
Highlights of The Decision-making Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud based
- On premise
- By Application:
- Large Enterprise
- SMB
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Decision-making Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Decision-making software is a type of software that helps users make decisions by providing them with options and recommendations. It can help users to identify the best course of action for a given situation, and it can provide support throughout the decision-making process.
Some of the key players operating in the decision-making software market are SAP, Qlik, Information Builders, Parmenides, TIBCO Software, Riskturn, Paramount Decisions, Lumina Decision Systems, Ideyeah Solutions, GoldSim Technology Group, 1000Minds, Tribium Software, Palisade, Banxia Software, CampaignGO, Defense Group, Dataland Software.
The decision-making software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Decision-making Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Decision-making Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Decision-making Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Decision-making Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Decision-making Software Market Size & Forecast, 2018-2028
4.5.1 Decision-making Software Market Size and Y-o-Y Growth
4.5.2 Decision-making Software Market Absolute $ Opportunity
Chapter 5 Global Decision-making Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Decision-making Software Market Size Forecast by Type
5.2.1 Cloud based
5.2.2 On premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Decision-making Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Decision-making Software Market Size Forecast by Applications
6.2.1 Large Enterprise
6.2.2 SMB
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Decision-making Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Decision-making Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Decision-making Software Analysis and Forecast
9.1 Introduction
9.2 North America Decision-making Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Decision-making Software Market Size Forecast by Type
9.6.1 Cloud based
9.6.2 On premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Decision-making Software Market Size Forecast by Applications
9.10.1 Large Enterprise
9.10.2 SMB
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Decision-making Software Analysis and Forecast
10.1 Introduction
10.2 Europe Decision-making Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Decision-making Software Market Size Forecast by Type
10.6.1 Cloud based
10.6.2 On premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Decision-making Software Market Size Forecast by Applications
10.10.1 Large Enterprise
10.10.2 SMB
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Decision-making Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Decision-making Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Decision-making Software Market Size Forecast by Type
11.6.1 Cloud based
11.6.2 On premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Decision-making Software Market Size Forecast by Applications
11.10.1 Large Enterprise
11.10.2 SMB
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Decision-making Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Decision-making Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Decision-making Software Market Size Forecast by Type
12.6.1 Cloud based
12.6.2 On premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Decision-making Software Market Size Forecast by Applications
12.10.1 Large Enterprise
12.10.2 SMB
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Decision-making Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Decision-making Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Decision-making Software Market Size Forecast by Type
13.6.1 Cloud based
13.6.2 On premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Decision-making Software Market Size Forecast by Applications
13.10.1 Large Enterprise
13.10.2 SMB
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Decision-making Software Market: Competitive Dashboard
14.2 Global Decision-making Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SAP
14.3.2 Qlik
14.3.3 Information Builders
14.3.4 Parmenides
14.3.5 TIBCO Software
14.3.6 Riskturn
14.3.7 Paramount Decisions
14.3.8 Lumina Decision Systems
14.3.9 Ideyeah Solutions
14.3.10 GoldSim Technology Group
14.3.11 1000Minds
14.3.12 Tribium Software
14.3.13 Palisade
14.3.14 Banxia Software
14.3.15 CampaignGO
14.3.16 Defense Group
14.3.17 Dataland Software
