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Management Decision Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

November 2023 | 144 pages | ID: MD16FFED095AEN
IMARC Group

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The global management decision market size reached US$ 5.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.0 Billion by 2028, exhibiting a growth rate (CAGR) of 12.56% during 2022-2028.

Management decision is the process of streamlining and improving data-driven decisions of the organization by applying various tools, such as business intelligence (BI), artificial intelligence (AI) and advanced analytics. It is utilized by business managers to ensure optimal growth, consistency, precision and enhanced control over the decision strategies. It involves collecting, filtering, analyzing, processing and formulating the data and information and choosing the best alternative. Management decision aids in strengthening the organization, providing additional alternatives, generating information, improving acceptance and commitment. It is widely used across various industries, such as healthcare, retail, manufacturing, information technology (IT), telecommunication and banking, financial services and insurance (BFSI).

Management Decision Market Trends:
Significant growth in the BFSI industry across the globe is one of the key factors creating a positive outlook for the market. Management decision solutions are widely used by banks and other financial institutions for performing repetitive operations, such as critical credit, insurance claim and fraud detection management. Moreover, the widespread adoption of analysis-based digital decision services and solutions across departments and organizations for enhanced consistency, efficiency, productivity and transparency is providing a thrust to the market growth. Various technological advancements, such as the integration of big data, predictive analytics and business rules management solutions, are acting as other growth-inducing factors. These technologies are widely used for the processing and utilization of large amounts of data in real-time and the implementation of more accurate decisions. In line with this, the integration of artificial intelligence (AI) with multiple management decision solutions to analyze and provide critical insights, relevant information and automate processes are positively impacting the market growth. Other factors, including the rapid digitization of banking processes, along with the increasing number of small and medium-sized enterprises (SMEs), are anticipated to drive the market toward growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global management decision market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, deployment mode, function, organization size and industry vertical.

Breakup by Component:

Software
Services

Breakup by Deployment Mode:

On-premises
Cloud-based

Breakup by Function:

Credit Risk Management
Collection Management
Customer Experience Management
Fraud Detection Management
Pricing Optimization
Others

Breakup by Organization Size:

Small and Medium-sized Enterprises
Large Enterprises

Breakup by Industry Vertical:

BFSI
Manufacturing
Retail and E-Commerce
IT and Telecom
Healthcare
Government
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ACTICO GmbH, Equifax Inc., Experian Information Solutions Inc. (Experian plc), Fair Isaac Corporation, International Business Machines Corporation, Oracle Corporation, Pegasystems Inc., Salesforce.com Inc., SAP SE, Sapiens International Corporation, SAS Institute Inc. and TIBCO Software Inc.

Key Questions Answered in This Report
1. What was the size of the global management decision market in 2022?
2. What is the expected growth rate of the global management decision market during 2023-2028?
3. What has been the impact of COVID-19 on the global management decision market?
4. What are the key factors driving the global management decision market?
5. What is the breakup of the global management decision market based on the component?
6. What is the breakup of the global management decision market based on the deployment mode?
7. What is the breakup of the global management decision market based on the function?
8. What is the breakup of the global management decision market based on the organization size?
9. What is the breakup of the global management decision market based on the industry vertical?
10. What are the key regions in the global management decision market?
11. Who are the key players/companies in the global management decision market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL MANAGEMENT DECISION MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY COMPONENT

6.1 Software
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Services
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY DEPLOYMENT MODE

7.1 On-premises
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Cloud-based
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY FUNCTION

8.1 Credit Risk Management
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Collection Management
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Customer Experience Management
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Fraud Detection Management
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 Pricing Optimization
  8.5.1 Market Trends
  8.5.2 Market Forecast
8.6 Others
  8.6.1 Market Trends
  8.6.2 Market Forecast

9 MARKET BREAKUP BY ORGANIZATION SIZE

9.1 Small and Medium-sized Enterprises
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Large Enterprises
  9.2.1 Market Trends
  9.2.2 Market Forecast

10 MARKET BREAKUP BY INDUSTRY VERTICAL

10.1 BFSI
  10.1.1 Market Trends
  10.1.2 Market Forecast
10.2 Manufacturing
  10.2.1 Market Trends
  10.2.2 Market Forecast
10.3 Retail and E-Commerce
  10.3.1 Market Trends
  10.3.2 Market Forecast
10.4 IT and Telecom
  10.4.1 Market Trends
  10.4.2 Market Forecast
10.5 Healthcare
  10.5.1 Market Trends
  10.5.2 Market Forecast
10.6 Government
  10.6.1 Market Trends
  10.6.2 Market Forecast
10.7 Others
  10.7.1 Market Trends
  10.7.2 Market Forecast

11 MARKET BREAKUP BY REGION

11.1 North America
  11.1.1 United States
    11.1.1.1 Market Trends
    11.1.1.2 Market Forecast
  11.1.2 Canada
    11.1.2.1 Market Trends
    11.1.2.2 Market Forecast
11.2 Asia-Pacific
  11.2.1 China
    11.2.1.1 Market Trends
    11.2.1.2 Market Forecast
  11.2.2 Japan
    11.2.2.1 Market Trends
    11.2.2.2 Market Forecast
  11.2.3 India
    11.2.3.1 Market Trends
    11.2.3.2 Market Forecast
  11.2.4 South Korea
    11.2.4.1 Market Trends
    11.2.4.2 Market Forecast
  11.2.5 Australia
    11.2.5.1 Market Trends
    11.2.5.2 Market Forecast
  11.2.6 Indonesia
    11.2.6.1 Market Trends
    11.2.6.2 Market Forecast
  11.2.7 Others
    11.2.7.1 Market Trends
    11.2.7.2 Market Forecast
11.3 Europe
  11.3.1 Germany
    11.3.1.1 Market Trends
    11.3.1.2 Market Forecast
  11.3.2 France
    11.3.2.1 Market Trends
    11.3.2.2 Market Forecast
  11.3.3 United Kingdom
    11.3.3.1 Market Trends
    11.3.3.2 Market Forecast
  11.3.4 Italy
    11.3.4.1 Market Trends
    11.3.4.2 Market Forecast
  11.3.5 Spain
    11.3.5.1 Market Trends
    11.3.5.2 Market Forecast
  11.3.6 Russia
    11.3.6.1 Market Trends
    11.3.6.2 Market Forecast
  11.3.7 Others
    11.3.7.1 Market Trends
    11.3.7.2 Market Forecast
11.4 Latin America
  11.4.1 Brazil
    11.4.1.1 Market Trends
    11.4.1.2 Market Forecast
  11.4.2 Mexico
    11.4.2.1 Market Trends
    11.4.2.2 Market Forecast
  11.4.3 Others
    11.4.3.1 Market Trends
    11.4.3.2 Market Forecast
11.5 Middle East and Africa
  11.5.1 Market Trends
  11.5.2 Market Breakup by Country
  11.5.3 Market Forecast

12 SWOT ANALYSIS

12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats

13 VALUE CHAIN ANALYSIS

14 PORTERS FIVE FORCES ANALYSIS

14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes

15 PRICE ANALYSIS

16 COMPETITIVE LANDSCAPE

16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
  16.3.1 ACTICO GmbH
    16.3.1.1 Company Overview
    16.3.1.2 Product Portfolio
  16.3.2 Equifax Inc.
    16.3.2.1 Company Overview
    16.3.2.2 Product Portfolio
    16.3.2.3 Financials
    16.3.2.4 SWOT Analysis
  16.3.3 Experian Information Solutions Inc. (Experian plc)
    16.3.3.1 Company Overview
    16.3.3.2 Product Portfolio
  16.3.4 Fair Isaac Corporation
    16.3.4.1 Company Overview
    16.3.4.2 Product Portfolio
    16.3.4.3 Financials
    16.3.4.4 SWOT Analysis
  16.3.5 International Business Machines Corporation
    16.3.5.1 Company Overview
    16.3.5.2 Product Portfolio
    16.3.5.3 Financials
    16.3.5.4 SWOT Analysis
  16.3.6 Oracle Corporation
    16.3.6.1 Company Overview
    16.3.6.2 Product Portfolio
    16.3.6.3 Financials
    16.3.6.4 SWOT Analysis
  16.3.7 Pegasystems Inc.
    16.3.7.1 Company Overview
    16.3.7.2 Product Portfolio
    16.3.7.3 Financials
    16.3.7.4 SWOT Analysis
  16.3.8 Salesforce.com Inc.
    16.3.8.1 Company Overview
    16.3.8.2 Product Portfolio
    16.3.8.3 Financials
    16.3.8.4 SWOT Analysis
  16.3.9 SAP SE
    16.3.9.1 Company Overview
    16.3.9.2 Product Portfolio
    16.3.9.3 Financials
    16.3.9.4 SWOT Analysis
  16.3.10 Sapiens International Corporation
    16.3.10.1 Company Overview
    16.3.10.2 Product Portfolio
  16.3.11 SAS Institute Inc.
    16.3.11.1 Company Overview
    16.3.11.2 Product Portfolio
    16.3.11.3 SWOT Analysis
  16.3.12 TIBCO Software Inc.
    16.3.12.1 Company Overview
    16.3.12.2 Product Portfolio
    16.3.12.3 SWOT Analysis

LIST OF TABLES

Table 1: Global: Management Decision Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Management Decision Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Management Decision Market Forecast: Breakup by Deployment Mode (in Million US$), 2023-2028
Table 4: Global: Management Decision Market Forecast: Breakup by Function (in Million US$), 2023-2028
Table 5: Global: Management Decision Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
Table 6: Global: Management Decision Market Forecast: Breakup by Industry Vertical (in Million US$), 2023-2028
Table 7: Global: Management Decision Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Management Decision Market: Competitive Structure
Table 9: Global: Management Decision Market: Key Players

LIST OF FIGURES

Figure 1: Global: Management Decision Market: Major Drivers and Challenges
Figure 2: Global: Management Decision Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Management Decision Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Management Decision Market: Breakup by Component (in %), 2022
Figure 5: Global: Management Decision Market: Breakup by Deployment Mode (in %), 2022
Figure 6: Global: Management Decision Market: Breakup by Function (in %), 2022
Figure 7: Global: Management Decision Market: Breakup by Organization Size (in %), 2022
Figure 8: Global: Management Decision Market: Breakup by Industry Vertical (in %), 2022
Figure 9: Global: Management Decision Market: Breakup by Region (in %), 2022
Figure 10: Global: Management Decision (Software) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Management Decision (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Management Decision (Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Management Decision (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Management Decision (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Management Decision (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Management Decision (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Management Decision (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Management Decision (Credit Risk Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Management Decision (Credit Risk Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Management Decision (Collection Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Management Decision (Collection Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Management Decision (Customer Experience Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Management Decision (Customer Experience Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Management Decision (Fraud Detection Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Management Decision (Fraud Detection Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Management Decision (Pricing Optimization) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Management Decision (Pricing Optimization) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Management Decision (Other Functions) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Management Decision (Other Functions) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Management Decision (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Management Decision (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Management Decision (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Management Decision (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Management Decision (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Management Decision (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Management Decision (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Management Decision (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Management Decision (Retail and E-Commerce) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Management Decision (Retail and E-Commerce) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Management Decision (IT and Telecom) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Management Decision (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Management Decision (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Management Decision (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Global: Management Decision (Government) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Global: Management Decision (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Global: Management Decision (Other Industry Verticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Global: Management Decision (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: North America: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: North America: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: United States: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: United States: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Canada: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Canada: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Asia-Pacific: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Asia-Pacific: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: China: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: China: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Japan: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Japan: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: India: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: India: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: South Korea: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: South Korea: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Australia: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Australia: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Indonesia: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Indonesia: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Europe: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Europe: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Germany: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Germany: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: France: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: France: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: United Kingdom: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: United Kingdom: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Italy: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Italy: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Spain: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Spain: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Russia: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Russia: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Latin America: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Latin America: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Brazil: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Brazil: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Mexico: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Mexico: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Others: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 93: Others: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Middle East and Africa: Management Decision Market: Sales Value (in Million US$), 2017 & 2022
Figure 95: Middle East and Africa: Management Decision Market: Breakup by Country (in %), 2022
Figure 96: Middle East and Africa: Management Decision Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 97: Global: Management Decision Industry: SWOT Analysis
Figure 98: Global: Management Decision Industry: Value Chain Analysis
Figure 99: Global: Management Decision Industry: Porter's Five Forces Analysis


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