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Decision Intelligence Market to Reach USD 74.23 Billion by 2033, Owing to Rising Adoption of AI-Enabled Data-Driven Decision-Making | SNS Insider
Globenewswire· 2025-12-07 14:45
Market Overview - The Decision Intelligence Market was valued at USD 18.08 billion in 2025 and is projected to reach USD 74.23 billion by 2033, with a CAGR of 19.31% from 2026 to 2033 [1][12]. Growth Drivers - The market growth is driven by the increasing amount of data generated across industries, the rising adoption of AI and ML technologies, and the demand for real-time insights to support strategic decision-making [1]. - The transition to cloud-based solutions is enhancing the scalability and efficiency of decision intelligence tools, allowing businesses to manage large datasets and complex algorithms effectively [3]. Challenges - A significant barrier to the adoption of decision intelligence solutions is the shortage of skilled professionals in AI, machine learning, and advanced analytics, leading to a notable skills gap in the workforce [4]. Segmentation Analysis By Application - The decision automation segment holds the largest revenue share in 2025, utilizing AI and data to enhance decision-making across sectors [5]. - The decision support segment is expected to have the highest CAGR during the forecast period, leveraging organizational information systems for data analysis [5]. By Enterprise Type - Large enterprises dominated the market with a 74.5% share in 2025, driven by high consumer engagement and comprehensive data analysis [7]. - The Small & Medium Enterprises (SMEs) segment is anticipated to grow at the highest CAGR, recognizing the importance of data-driven decision-making [7]. By Industry - The BFSI segment led the market in 2025, benefiting from improved management of large transactional datasets [8]. - The IT & Telecom segment is projected to experience the highest CAGR, driven by the rise of data availability and the adoption of advanced technologies [8]. Regional Insights - North America held the largest revenue share of 46.2% in 2025, supported by technological advancements and investments from leading companies like IBM, Google, and Microsoft [9]. - The Asia Pacific region is expected to see strong growth due to increasing digitalization and advancements in analytical and AI technologies [9].
Hospital Information Systems Market Analysis Report 2025: Focus on EHR, CDSS, Specialty, Diagnostic, Pharmacy, Quality, SCM, PHM, RCM, Data Analytics, Telehealth - Global Forecast to 2030
GlobeNewswire News Room· 2025-05-13 14:51
Market Overview - The global hospital information systems market is projected to reach USD 116.75 billion by 2030 from USD 63.80 billion in 2024, at a CAGR of 10.6% from 2024 to 2030 [2][9]. Market Drivers - Growth is driven by government initiatives such as financial incentives from Medicare and Medicaid, including the NY Medicaid EHR Incentive Program offering up to USD 63,750 over six years, which accelerates EHR implementation [4]. - Regulatory mandates like HIPAA, GDPR, and the Information Blocking Rule necessitate robust data security measures, prompting continuous system upgrades [4]. - The 2024-2030 Federal Health IT Strategy is expanding broadband and connected technology in underserved areas, fostering sustained market growth [4]. Market Segmentation - The telehealth and telemedicine segment dominated the market in 2023, driven by the need to mitigate hospital-acquired infections and manage chronic diseases [6]. - The Asia Pacific region is expected to experience the highest growth due to improved healthcare infrastructure, technology adoption, and government support [8]. Competitive Landscape - Leading companies in the hospital information systems market include Epic Systems Corporation, GE HealthCare, UnitedHealth Group, Medical Information Technology, Veradigm LLC, and others [5][14]. Industry Trends - Increasing adoption of Electronic Health Records (EHRs) in hospitals and clinics is a significant trend [11]. - There is a rising emphasis on collaborative care and integrating data analytics into HIS to boost patient care and operational efficiency [11]. - The integration of AI and cloud-based solutions is becoming more prevalent, enhancing patient care and operational capabilities [11].