HOME Top Market Reports Management Decision Market by Software, Service, Deployment Type, Function (Credit Risk Management, Collection Management, Customer Experience Management), Organization Size, Industry, And Region - Global Forecast to 2022

Management Decision Market by Software, Service, Deployment Type, Function (Credit Risk Management, Collection Management, Customer Experience Management), Organization Size, Industry, And Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: March 2018
Report Code: TC 6094

 

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MarketsandMarkets expects the global Management decision market to grow from USD 2.89 Billion in 2016 to USD 6.18 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.9% during the forecast period. The forecast period has been considered from 2017 to 2022, while 2016 has been considered as the base year for estimating the market size.

Objectives of the Study:

The main objective of this report is to define, describe, and forecast the Management decision market by component, function, deployment type, organization size, industry, and region. The report provides detailed information related to the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the market growth. The report forecasts the market size with respect to 5 major regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and Latin America. The report profiles the key players and comprehensively analyzes their core competencies. Moreover, this report tracks and analyzes competitive developments, such as mergers and acquisitions, new product developments, and Research and Development (R&D) activities in the market.

The research methodology used to estimate and forecast the Management decision market initiates with the collection and analysis of data on the key vendor product offerings and business strategies from secondary sources, such as IT service providers, technology providers, press releases, investor presentations of companies; and white papers, technology journals, certified publications, and articles from recognized authors, directories, and databases. Moreover, the vendor offerings have been taken into consideration to determine the market segmentation. The bottom-up procedures were employed to arrive at the total market size of the Management decision market from the revenue of the key market solution and service providers. Post-arrival at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with the key people, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives.

Management Decision Market

To know about the assumptions considered for the study, download the pdf brochure

Industry Ecosystem

The major solution and service providers in the Management decision market include FICO (US), SAS (US), TIBCO (US), Oracle (US), IBM (US), Sapiens (Israel), Experian (Ireland), ACTICO (Germany), Pegasystems (US), Equifax (US), Parmenides (Germany), Decision Management Solutions (US), OpenRules (US), and Sparkling Logic (US).

Key Target Audience

  • Management decision software providers
  • Professional service providers
  • Managed service providers
  • System integrators
  • Cloud vendors
  • Research organizations
  • Resellers and distributors

Scope of the Report

The research report categorizes the Management decision market to forecast the revenues and analyze the trends in each of the following submarkets:

By component

  • Software
  • Services
    • Deployment and integration
    • Support and maintenance
    • Consulting

By function

  • Credit risk management
  • Collection management
  • Customer experience management
  • Fraud detection management
  • Pricing optimization
  • Others (decision automation and project prioritization)

By deployment type

  • On-premises
  • Cloud

By organization size

  • SMEs
  • Large Enterprises

By Industry

  • BFSI
  • Telecom and IT
  • Retail and consumer goods
  • Healthcare and life sciences
  • Manufacturing
  • Transportation and logistics
  • Energy and utilities
  • Government
  • Others (education and media and entertainment)

By Region

  • North America
  • Europe
  • MEA
  • APAC
  • Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix which gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakdown of the North American Management decision market into countries
  • Further breakdown of the European market into countries
  • Further breakdown of the APAC market into countries
  • Further breakdown of the MEA market into countries
  • Further breakdown of the Latin American market into countries

Company Information

  • Detailed analysis and profiling of additional market players

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Research Assumptions and Limitations
    2.4 Limitations

3 Executive Summary (Page No. - 23)

4 Premium Insights (Page No. - 26)
    4.1 Attractive Market Opportunities in Management Decision Market
    4.2 Market By Component
    4.3 Market By Deployment Type
    4.4 Market By Function
    4.5 Market By Organization Size
    4.6 Market Top 3 Industries and Regions

5 Market Overview and Industry Trends (Page No. - 30)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Need for Business Agility
                    5.2.1.2 Growing Need for Faster Operational Decisions
                    5.2.1.3 Compliance With Government and Industry Regulations
                    5.2.1.4 Accelerated Roi in Organizations
           5.2.2 Restraints
                    5.2.2.1 Resistance of the Middle Management to Adopt Management Decision Software
           5.2.3 Opportunities
                    5.2.3.1 Big Data and Cloud to Provide Efficiency in the Management Decision Software
                    5.2.3.2 Increased Spending on Analytics
           5.2.4 Challenges
                    5.2.4.1 Managing Cultural Changes
    5.3 Management Decision Market: Use Cases
           5.3.1 Use Case #1
           5.3.2 Use Case #2
           5.3.3 Use Case #3

6 Management Decision Market, By Component (Page No. - 35)
    6.1 Introduction
    6.2 Software
    6.3 Services
           6.3.1 Deployment and Integration
           6.3.2 Support and Maintenance
           6.3.3 Consulting

7 Market By Function (Page No. - 41)
    7.1 Introduction
    7.2 Collection Management
    7.3 Customer Experience Management
    7.4 Fraud Detection Management
    7.5 Pricing Optimization
    7.6 Credit Risk Management
    7.7 Others

8 Management Decision Market, By Deployment Type (Page No. - 48)
    8.1 Introduction
    8.2 Cloud
    8.3 On-Premises

9 Market By Organization Size (Page No. - 52)
    9.1 Introduction
    9.2 Large Enterprises
    9.3 Small and Medium-Sized Enterprises

10 Management Decision Market, By Industry (Page No. - 56)
     10.1 Introduction
     10.2 Banking, Financial Services, and Insurance
     10.3 Retail and Consumer Goods
     10.4 Telecom and IT
     10.5 Healthcare and Life Sciences
     10.6 Manufacturing
     10.7 Government
     10.8 Transportation and Logistics
     10.9 Energy and Utilities
     10.10 Others

11 Management Decision Market, By Region (Page No. - 65)
     11.1 Introduction
     11.2 North America
     11.3 Europe
     11.4 Asia Pacific
     11.5 Middle East and Africa
     11.6 Latin America

12 Competitive Landscape (Page No. - 86)
     12.1 Overview
     12.2 Market Ranking
     12.3 Competitive Scenario
             12.3.1 New Product and Service Launches/Product Upgradations
             12.3.2 Business Expansions
             12.3.3 Acquisitions
             12.3.4 Partnerships/Agreements/Collaborations

13 Company Profiles (Page No. - 95)
(Business Overview, Products/Services Offered, Recent Developments, SWOT Analysis, Partner Network and MnM View)*
     13.1 IBM
     13.2 FICO
     13.3 SAS
     13.4 Oracle
     13.5 Pegasystems
     13.6 Tibco Software
     13.7 Sapiens International Corporation
     13.8 Experian
     13.9 Equifax
     13.10 Actico
     13.11 Key Innovators
             13.11.1 Parmenides
             13.11.2 Sparkling Logic
             13.11.3 Decision Management Solutions
             13.11.4 OpenRules

*Details on Business Overview, Products/Services Offered, Recent Developments, SWOT Analysis, Partner Network and MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 126)
     14.1 Key Industry Insights
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real Time Market Intelligence
     14.5 Available Customizations
     14.6 Related Reports
     14.7 Author Details


List of Tables (67 Tables)

Table 1 United States Dollar Exchange Rate
Table 2 Management Decision Market Size and Growth Rate, 2015–2022 (USD Million, Y-O-Y%)
Table 3 Market Size, By Component, 2015–2022 (USD Million)
Table 4 Software: Market Size, By Region, 2015–2022 (USD Million)
Table 5 Services: Market Size, By Type, 2015–2022 (USD Million)
Table 6 Deployment and Integration Market Size, By Region, 2015–2022 (USD Million)
Table 7 Support and Maintenance Market Size, By Region, 2015–2022 (USD Million)
Table 8 Consulting Market Size, By Region, 2015–2022 (USD Million)
Table 9 Management Decision Market Size, By Function, 2015–2022 (USD Million)
Table 10 Collection Management: Market Size, By Region, 2015–2022 (USD Million)
Table 11 Customer Experience Management: Market Size, By Region, 2015–2022 (USD Million)
Table 12 Fraud Detection Management: Market Size, By Region, 2015–2022 (USD Million)
Table 13 Pricing Optimization: Market Size, By Region, 2015–2022 (USD Million)
Table 14 Credit Risk Management: Market Size, By Region, 2015–2022 (USD Million)
Table 15 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 16 Management Decision Market, By Deployment Type, 2015–2022 (USD Million)
Table 17 Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 18 On-Premises: Market Size, By Region, 2015–2022 (USD Million)
Table 19 Market Size, By Organization Size, 2015–2022 (USD Million)
Table 20 Large Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 21 Small and Medium-Sized Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 22 Market Size, By Industry, 2015–2022 (USD Million)
Table 23 Banking, Financial Services, and Insurance: Market Size, By Region, 2015–2022 (USD Million)
Table 24 Retail and Consumer Goods: Market Size, By Region, 2015–2022 (USD Million)
Table 25 Telecom and IT: Market Size, By Region, 2015–2022 (USD Million)
Table 26 Healthcare and Life Sciences: Market Size, By Region, 2015–2022 (USD Million)
Table 27 Manufacturing: Market Size, By Region, 2015–2022 (USD Million)
Table 28 Government: Market Size, By Region, 2015–2022 (USD Million)
Table 29 Transportation and Logistics: Market Size, By Region, 2015–2022 (USD Million)
Table 30 Energy and Utilities: Market Size, By Region, 2015–2022 (USD Million)
Table 31 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 32 Management Decision Market Size, By Region, 2015–2022 (USD Million)
Table 33 North America: Market Size, By Component, 2015–2022 (USD Million)
Table 34 North America: Market Size, By Service, 2015–2022 (USD Million)
Table 35 North America: Market Size, By Function, 2015–2022 (USD Million)
Table 36 North America: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 37 North America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 38 North America: Market Size, By Industry, 2015–2022 (USD Million)
Table 39 Europe: Management Decision Market Size, By Component, 2015–2022 (USD Million)
Table 40 Europe: Market Size, By Service, 2015–2022 (USD Million)
Table 41 Europe: Market Size, By Function, 2015–2022 (USD Million)
Table 42 Europe: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 43 Europe: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 44 Europe: Market Size, By Industry, 2015–2022 (USD Million)
Table 45 Asia Pacific: Management Decision Market Size, By Component, 2015–2022 (USD Million)
Table 46 Asia Pacific: Market Size, By Service, 2015–2022 (USD Million)
Table 47 Asia Pacific: Market Size, By Function, 2015–2022 (USD Million)
Table 48 Asia Pacific: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 49 Asia Pacific: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 50 Asia Pacific: Market Size, By Industry, 2015–2022 (USD Million)
Table 51 Middle East and Africa: Management Decision Market Size, By Component, 2015–2022 (USD Million)
Table 52 Middle East and Africa: Market Size, By Service, 2015–2022 (USD Million)
Table 53 Middle East and Africa: Market Size, By Function, 2015–2022 (USD Million)
Table 54 Middle East and Africa: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 55 Middle East and Africa: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 56 Middle East and Africa: Market Size, By Industry, 2015–2022 (USD Million)
Table 57 Latin America: Management Decision Market Size, By Component, 2015–2022 (USD Million)
Table 58 Latin America: Market Size, By Service, 2015–2022 (USD Million)
Table 59 Latin America: Market Size, By Function, 2015–2022 (USD Million)
Table 60 Latin America: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 61 Latin America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 62 Latin America: Market Size, By Industry, 2015–2022 (USD Million)
Table 63 Market Ranking for the Management Decision Market, 2017
Table 64 New Product and Service Launches/Product Upgradations, 2015–2017
Table 65 Business Expansions, 2015–2017
Table 66 Acquisitions, 2015–2018
Table 67 Partnerships/Agreements/Collaborations, 2015–2018


List of Figures (41 Figures)

Figure 1 Management Decision Market: Market Segmentation
Figure 2 Market Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Management Decision Market: Assumptions
Figure 8 Top 3 Segments in the Market in 2017
Figure 9 North America is Estimated to Have the Largest Share in the Management Decision Market in 2017
Figure 10 Maximized Operational Efficiency and Security Factors are Expected to Drive the Growth of the Market
Figure 11 Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 12 Cloud Deployment Type is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 13 Customer Experience Management Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 14 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 15 Banking, Financial Services, and Insurance Industry and North American Region are Estimated to Have the Largest Market Shares in 2017
Figure 16 Management Decision Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 18 Consulting Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 19 Customer Experience Management Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 20 Cloud Deployment Type is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 21 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 22 Retail and Consumer Goods Industry is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 23 Regional Snapshot
Figure 24 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 25 North America: Market Snapshot
Figure 26 Asia Pacific: Market Snapshot
Figure 27 Key Developments By Leading Players in the Management Decision Market, 2015–2018
Figure 28 Market Evaluation Framework
Figure 29 IBM: Company Snapshot
Figure 30 IBM: SWOT Analysis
Figure 31 FICO: Company Snapshot
Figure 32 FICO: SWOT Analysis
Figure 33 SAS: Company Snapshot
Figure 34 SAS: SWOT Analysis
Figure 35 Oracle: Company Snapshot
Figure 36 Oracle: SWOT Analysis
Figure 37 Pegasystems: Company Snapshot
Figure 38 Pegasystems: SWOT Analysis
Figure 39 Sapiens International Corporation: Company Snapshot
Figure 40 Experian: Company Snapshot
Figure 41 Equifax: Company Snapshot

The management decision market is expected to grow from USD 3.09 Billion in 2017 to USD 6.18 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.9% during the forecast period, owing to the increase in need for business agility and faster operational decisions. In addition, the rapidly changing regulations across countries are expected to contribute to the growth of the market. Moreover, enterprises consider management decision as an important part of their decision-making processes to improve operational efficiency of the organizations.

Rapidly changing competitive scenarios have encouraged enterprises to adopt management decision solutions to improve the operational efficiencies. The Banking, Financial Services, and Insurance (BFSI) companies deal with critical credit management and need to effectively manage collection management and fraud detection management for its day to day financial operations. Increasing number of repeatable operation decisions daily is expected to drive the demand for management decision software in the BFSI vertical. These are some of the key aspects that have contributed to the large adoption of management decision solutions by the BFSI industry. The BFSI industry has been a major contributor, in terms of the revenue generated, in the management decision market.

The credit risk management segment is estimated to dominate the management decision market in 2017. Credit risk management is an important process as it directly impacts the revenue management of an organization. Management decision software assists lending institutions, banks, and other enterprises in making a critical decision related to credit risk by offering benefits, such as minimizing compliance risks, enhancing business responsiveness, and streamlining workflow processes.

Management Decision Market

North America is estimated to account for the largest market size and dominate the management decision market in 2017, while Europe is expected to reach the largest market size by 2022. North America has a high concentration of BFSI, telecom and IT, and healthcare and life sciences companies that largely contribute to the adoption of management decision solutions. However, the Asia Pacific (APAC) region is expected to provide high growth opportunities for the providers of management decision software. This is attributed to the increasing commercial investments by several companies in developing countries.

The major software and service providers in the management decision market include FICO (US), SAS (US), TIBCO (US), Oracle (US), IBM (US), Sapiens (Israel), Experian (Ireland), ACTICO (Germany), Pegasystems (US), Equifax (US), Parmenides (Germany), Decision Management Solutions (US), OpenRules (US), and Sparkling Logic (US). These players have adopted various growth strategies, such as new product launches, product upgradations, and partnerships with technology companies to maintain their position in the global market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

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