The Latin America, Middle East and Africa Decision Intelligence Market would witness market growth of 19.9% CAGR during the forecast period (2022-2028).
Decision automation, which minimizes the need for human involvement in the decision-making process, is the third step. Machines operate autonomously at this level, performing both the decision and execution steps. They use various technologies, including rules, optimizations, and forecasts based on artificial intelligence (AI), to make autonomous judgments in the first stage.
The decisions are automatically implemented in the second step without human intervention. Instead, humans keep a close eye on the big picture, keeping track of hazards and any unexpected activity while routinely assessing results to make the system better. All three modes of operation should be available in an efficient DI system (i.e., support, augmentation, and automation).
As users gain confidence in the system and its capabilities, they can advance through the stages of automation. Additionally, it allows reducing the level of automation as necessary, such as in the case of unexpected occurrences like the Covid-19 outbreak, when sales data from the previous year was no longer applicable, and machine-learning forecasts based on it were no longer useful.
When it comes to the adoption of artificial intelligence solutions, UAE businesses display a significant advantage in terms of both maturity and proactivity. 'UAE AI strategy 2031 is marking a new level of innovation, and the government is considering making investments in the newest AI technologies & tools to improve performance, efficiency, and fuel growth. In a survey of UAE CEOs conducted in late February 2019, it was discovered that 47% of the country's higher-growth enterprises and 15% of its lower-growth firms were utilizing AI. This indicates that higher-growth organizations have much more advanced AI than the worldwide average. Therefore, these factors are fueling the market for decision intelligence in LAMEA region.
The Brazil market dominated the LAMEA Decision Intelligence Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $412.6 million by 2028. The Argentina market is experiencing a CAGR of 20.6% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 19.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.
Decision automation, which minimizes the need for human involvement in the decision-making process, is the third step. Machines operate autonomously at this level, performing both the decision and execution steps. They use various technologies, including rules, optimizations, and forecasts based on artificial intelligence (AI), to make autonomous judgments in the first stage.
The decisions are automatically implemented in the second step without human intervention. Instead, humans keep a close eye on the big picture, keeping track of hazards and any unexpected activity while routinely assessing results to make the system better. All three modes of operation should be available in an efficient DI system (i.e., support, augmentation, and automation).
As users gain confidence in the system and its capabilities, they can advance through the stages of automation. Additionally, it allows reducing the level of automation as necessary, such as in the case of unexpected occurrences like the Covid-19 outbreak, when sales data from the previous year was no longer applicable, and machine-learning forecasts based on it were no longer useful.
When it comes to the adoption of artificial intelligence solutions, UAE businesses display a significant advantage in terms of both maturity and proactivity. 'UAE AI strategy 2031 is marking a new level of innovation, and the government is considering making investments in the newest AI technologies & tools to improve performance, efficiency, and fuel growth. In a survey of UAE CEOs conducted in late February 2019, it was discovered that 47% of the country's higher-growth enterprises and 15% of its lower-growth firms were utilizing AI. This indicates that higher-growth organizations have much more advanced AI than the worldwide average. Therefore, these factors are fueling the market for decision intelligence in LAMEA region.
The Brazil market dominated the LAMEA Decision Intelligence Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $412.6 million by 2028. The Argentina market is experiencing a CAGR of 20.6% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 19.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.
Scope of the Study
Market Segments Covered in the Report:
By Deployment
- Cloud
- On-premise
By Component
- Platform
- Integrated
- Standalone
- Solution
- Services
By Organization Size
- Large Enterprises
- SMEs
By Vertical
- BFSI
- Telecom & IT
- Healthcare
- Retail & Consumer Goods
- Manufacturing
- Government & Defense
- Energy & Utilities
- Transportation & Logistics
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Oracle Corporation
- IBM Corporation
- Microsoft Corporation
- Intel Corporation
- Google LLC (Alphabet Inc.)
- Domo, Inc
- Board International S.A
- Provenir
- Pyramid Analytics BV
- H2O.ai, Inc
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Decision Intelligence Market, by Deployment
1.4.2 LAMEA Decision Intelligence Market, by Component
1.4.3 LAMEA Decision Intelligence Market, by Organization Size
1.4.4 LAMEA Decision Intelligence Market, by Vertical
1.4.5 LAMEA Decision Intelligence Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Market Share Analysis, 2021
3.2 Strategies deployed in Decision Intelligence Market
Chapter 4. LAMEA Decision Intelligence Market by Deployment
4.1 LAMEA Cloud Market by Country
4.2 LAMEA On-premise Market by Country
Chapter 5. LAMEA Decision Intelligence Market by Component
5.1 LAMEA Platform Market by Country
5.2 LAMEA Decision Intelligence Market by Platform Type
5.2.1 LAMEA Integrated Market by Country
5.2.2 LAMEA Standalone Market by Country
5.3 LAMEA Solution Market by Country
5.4 LAMEA Services Market by Country
Chapter 6. LAMEA Decision Intelligence Market by Organization Size
6.1 LAMEA Large Enterprises Market by Country
6.2 LAMEA SMEs Market by Country
Chapter 7. LAMEA Decision Intelligence Market by Vertical
7.1 LAMEA BFSI Market by Country
7.2 LAMEA Telecom & IT Market by Country
7.3 LAMEA Healthcare Market by Country
7.4 LAMEA Retail & Consumer Goods Market by Country
7.5 LAMEA Manufacturing Market by Country
7.6 LAMEA Government & Defense Market by Country
7.7 LAMEA Energy & Utilities Market by Country
7.8 LAMEA Transportation & Logistics Market by Country
7.9 LAMEA Others Market by Country
Chapter 8. LAMEA Decision Intelligence Market by Country
8.1 Brazil Decision Intelligence Market
8.1.1 Brazil Decision Intelligence Market by Deployment
8.1.2 Brazil Decision Intelligence Market by Component
8.1.2.1 Brazil Decision Intelligence Market by Platform Type
8.1.3 Brazil Decision Intelligence Market by Organization Size
8.1.4 Brazil Decision Intelligence Market by Vertical
8.2 Argentina Decision Intelligence Market
8.2.1 Argentina Decision Intelligence Market by Deployment
8.2.2 Argentina Decision Intelligence Market by Component
8.2.2.1 Argentina Decision Intelligence Market by Platform Type
8.2.3 Argentina Decision Intelligence Market by Organization Size
8.2.4 Argentina Decision Intelligence Market by Vertical
8.3 UAE Decision Intelligence Market
8.3.1 UAE Decision Intelligence Market by Deployment
8.3.2 UAE Decision Intelligence Market by Component
8.3.2.1 UAE Decision Intelligence Market by Platform Type
8.3.3 UAE Decision Intelligence Market by Organization Size
8.3.4 UAE Decision Intelligence Market by Vertical
8.4 Saudi Arabia Decision Intelligence Market
8.4.1 Saudi Arabia Decision Intelligence Market by Deployment
8.4.2 Saudi Arabia Decision Intelligence Market by Component
8.4.2.1 Saudi Arabia Decision Intelligence Market by Platform Type
8.4.3 Saudi Arabia Decision Intelligence Market by Organization Size
8.4.4 Saudi Arabia Decision Intelligence Market by Vertical
8.5 South Africa Decision Intelligence Market
8.5.1 South Africa Decision Intelligence Market by Deployment
8.5.2 South Africa Decision Intelligence Market by Component
8.5.2.1 South Africa Decision Intelligence Market by Platform Type
8.5.3 South Africa Decision Intelligence Market by Organization Size
8.5.4 South Africa Decision Intelligence Market by Vertical
8.6 Nigeria Decision Intelligence Market
8.6.1 Nigeria Decision Intelligence Market by Deployment
8.6.2 Nigeria Decision Intelligence Market by Component
8.6.2.1 Nigeria Decision Intelligence Market by Platform Type
8.6.3 Nigeria Decision Intelligence Market by Organization Size
8.6.4 Nigeria Decision Intelligence Market by Vertical
8.7 Rest of LAMEA Decision Intelligence Market
8.7.1 Rest of LAMEA Decision Intelligence Market by Deployment
8.7.2 Rest of LAMEA Decision Intelligence Market by Component
8.7.2.1 Rest of LAMEA Decision Intelligence Market by Platform Type
8.7.3 Rest of LAMEA Decision Intelligence Market by Organization Size
8.7.4 Rest of LAMEA Decision Intelligence Market by Vertical
Chapter 9. Company Profiles
9.1 Oracle Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 IBM Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Microsoft Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.6 SWOT Analysis
9.4 Intel Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 SWOT Analysis
9.5 Google LLC (Alphabet Inc.)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.6 SWOT Analysis
9.6 Domo, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.7 Board International S.A.
9.7.1 Company Overview
9.8 Provenir
9.8.1 Company Overview
9.9 Pyramid Analytics BV
9.9.1 Company Overview
9.10. H2O.ai, Inc.
9.10.1 Company Overview
Companies Mentioned
- Oracle Corporation
- IBM Corporation
- Microsoft Corporation
- Intel Corporation
- Google LLC (Alphabet Inc.)
- Domo, Inc.
- Board International S.A.
- Provenir
- Pyramid Analytics BV
- H2O.ai, Inc.
Methodology
LOADING...
