Portland, OR, Jan. 18, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global management decision market was estimated at $4.13 billion in 2019 and is expected to hit $11.64 billion by 2027, registering a CAGR of 13.7% from 2020 to 2027. The report provides an all-inclusive analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

Rapidly changing government and industry regulations across countries, increase in demand of decision management solutions, and growing requirement to automate high-volume decisions across the enterprises propel the growth of the global management decision market. On the other hand, scarcity of skilled personnel with sufficient knowledge impedes the growth to some extent. Nevertheless, ongoing partnership & product launches and rise in expenditure on analytics is expected to pave the way for new opportunities in the future.

Download Report Sample (150 Pages PDF with Insights) @

https://www.alliedmarketresearch.com/request-sample/5992

Covid-19 Scenario-

• The outbreak of the pandemic led to changing working strategies and this, in turn, paved the way for increased demand for management decision making software.
• Also, there’s been a steep rise in need to automate high-volume decisions in organizations across the globe to improve consistency, and accuracy during remote working. This factor has also boosted the global market for management decision making software.

Get detailed COVID-19 impact analysis on the management decision market:

https://www.alliedmarketresearch.com/request-for-customization/5992

The global management decision market is analyzed across component, deployment model, function, organization size, and region. Based on component, the software segment contributed to more than three-fifths of the total market share in 2019, and is anticipated to lead the trail during the forecast period. The services segment, on the other hand, is projected to showcase the fastest CAGR of 15.4% from 2020 to 2027.

Based on deployment model, the on-premise segment accounted for three-fifths of the total market revenue in 2019, and is expected to rule the roost by the end of 2027. Simultaneously, the cloud-based segment would register the fastest CAGR of 14.6% during the forecast period.

Based on geography, North America held the major share in 2019, generating nearly two-fifths of the global market. At the same time, Asia-Pacific is estimated to generate the fastest CAGR of 17.0% from 2020 to 2027. The other two regions studied in the report include Europe and LAMEA.

The key market players analyzed in the global management decision market report include Fair Isaac Corporation, Salesforce.com, Inc., ACTICO GmbH., IBM Corporation, SAS Institute Inc., Oracle Corporation, Manthan Software Services Pvt. Ltd., Tibco Software, Sapiens International, and Experian Information Solutions, Inc. These market players have implemented several strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their status in the industry.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5992              

Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at:

https://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request for 14 days free trial of before buying:

https://www.alliedmarketresearch.com/avenue/trial/starter

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.