Decision Support Platform Market Scope
The driving need for measuring quickly all parameters, in-depth analysis, elicit future trends and others have boosted the demand for decision supports platforms. The decision supports platform is designed to support decision-makers to make the accurate decision it is an interactive software-based system that plays a vital role as a technology enabler to provide visualization and analytical capabilities. It helps the decision-makers in the decision by using a combination of raw data, personal knowledge, documents, and business models to identify and solve the problems and make decisions. This system consists of mainly three components database, software system, and user interface, it contains data from various sources including data from the organization or different applications, moreover, there are three main functions of decision support system information management, data quantification, and model manipulation.
The market study is being classified by Type (Communications Driven, Data-Driven, Document Driven, Knowledge-Driven and Model-Driven), by Application (Medical Diagnosis, Business and Management, Agriculture production, Forest Management and Others) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Decision Support Platform market throughout the predicted period.
SAP (Germany), Qlik (United States), Information Builders (United States), TIBCO Software (United States), Riskturn Inc. (United States), Paramount Decisions (Norway), 1000Minds (New Zealand), Palisade (Germany), Banxia Software(United Kingdom) and CampaignGO (Israel) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Defense Group (United States), Dataland Software (Serbia), Ideyeah Solutions and GoldSim Technology Group.
AdvanceMarketAnalytics has segmented the market of Global Decision Support Platform market by Type, Application and Region.
On the basis of geography, the market of Decision Support Platform has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
- Trend for Technological Advancements in Decision Support Systems
- Growing Demand from the End User (Healthcare and others)
- Surging Demand from Entrepreneurs and Owners to Make Decision Is Driving the Demand for Decision Support Platforms
- Growing Demand from Weather Forecast Industry
- Rising Uncertainties about Decision Making In Big IT Firms
- Lack of Adoption by SMEs Industries
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