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Decisions take flight,
In data's guiding light,
APAC shines bright.
Decision intelligence market set to soar: APAC leads the charge
The Global Decision Intelligence Research Report for 2024 has revealed that the global decision intelligence market is valued at USD 13.3 billion in 2024, and is projected to reach a staggering USD 50.1 billion by 2030, registering a compound annual growth rate (CAGR) of 24.7%.
The significant growth of the market, which integrates data, analytics, and AI to optimise outcomes through scenario evaluation, potential outcome weighing, and data-driven insight selection, is driven by the increasing need for decision-making efficiency, risk reduction, and enhanced collaboration through streamlined processes and advanced analytics.
According to the report, the Asia-Pacific (APAC) region is making a substantial impact on the decision intelligence market through its rapid adoption of advanced analytics, machine learning, and AI technologies.
Key industries such as finance, healthcare, and retail in the APAC region are leveraging data-driven insights to enhance decision-making processes and gain competitive advantages. The report provides an assessment of market shares, growth strategies, and service offerings of leading players such as IBM (US), Oracle (US), Intel (US), Microsoft (US), Google (US), and TCS (India) in the decision intelligence market.
The platform segment is projected to hold the largest market size during the forecast period. By type, decision support systems (DSS) are expected to grow at the highest CAGR during the forecast period.
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