The Europe Decision Intelligence Market would witness market growth of 17.2% CAGR during the forecast period (2022-2028).
Ad hoc analysis and data exploration are essential for decision-making. Natural Language Query (NLQ) democratizes exploration and analysis by providing it as simple/intuitive as a Google search for any user, regardless of data capabilities, to freely explore and analyze terabytes of unaggregated company data in plain English. Moreover, NLQ, in conjunction with automatic results display, instantly indicates what is occurring.
To identify the why behind the what and give guidance on improving outcomes (such as which segments/relationships to leverage), Automated Insights accelerates complex data analysis with AI-driven automation. This is done by automating root cause analysis, analyzing main drivers, comparing cohorts, and recognizing meaningful segments in data that go beyond first-order facts/drivers. In addition, the best platforms offer one-click insights with corresponding natural language explanations (NLG) right out of the box.
A strategy based on four different categories of risk—unacceptable risk, limited risk, high risk, and minimal risk—is suggested by the legal framework for AI. Organizations combine artificial intelligence (AI) technology for maximum flexibility and competitive advantage to enhance the results of decision models and account for uncertainty elements. Furthermore, by developing models using concepts designed to improve cross-organizational judgments' traceability, replicability, relevance, and trustworthiness, decision intelligence helps make decisions more sustainable. As a result, the growing demand for making wise judgments in businesses is driving the development of the decision intelligence market in Europe.
The Germany market dominated the Europe Decision Intelligence Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,726.7 million by 2028. The UK market is anticipated to grow at a CAGR of 16.2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 18.1% during (2022 - 2028).
Based on Deployment, the market is segmented into Cloud and On-premise. Based on Component, the market is segmented into Platform, Solution and Services. Based on Platform Type, the market is segmented into Integrated and Standalone. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into BFSI, Telecom & IT, Healthcare, Retail & Consumer Goods, Manufacturing, Government & Defense, Energy & Utilities, Transportation & Logistics and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Decision Intelligence Market will Hit $26 Billion by 2028, at a CAGR of 17.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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 Country
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