Augmented Analytics Market
Augmented analytics employs cutting-edge technologies including artificial intelligence, machine learning, and natural language processing to help with data analysis. The technology aids companies in making rapid and more intelligent choices that foster business expansion. The substantial increase in data during the pandemic drove the need for analytical solutions and the uptake of artificial intelligence across various sectors.
This surge of digital transformation throughout sectors sped up the growth of the market. Additionally, the swift rise of digital data drives the need for sophisticated and effective tools for data analysis. Given the increasing competition, businesses are partnering with one another to improve the tool’s effectiveness and features for specialized industry requirements. Additionally, market participants are securing capital to enhance developments in the augmented analytics field
The Augmented Analytics Market is Valued USD 18.7 billion in 2022 and projected to reach USD 81.4 billion by 2030, growing at a CAGR of 20.2% During the Forecast period of 2024-2032.
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The report presents authenticated data derived from extensive primary and secondary research. By analysing historical growth trends and the current market landscape, it aims to provide actionable insights and forecasts for global and regional market growth. It takes into account revenue generated from report sales and related technologies across various application segments while exploring market data tables. Key market factors, including macroeconomic conditions, the overall market environment, government policies, and the competitive landscape, are carefully examined to ensure a comprehensive analysis.
Top companies covered in this report: Salesforce, SAP, IBM, Microsoft, Oracle, Tableau, MicroStrategy, SAS, Qlik, TIBCO Software, Sisense, Information Builders, Yellowfin, ThoughtSpot, and Domo, Microsoft, TIBCO Software, ThoughtSpot, Birst, Logi Analytics, Looker, Yellowfin, Pyramid Analytics, Board International and Others and others.
Industry News:
In July 2024, Qlik announced the general availability of Qlik Talend Cloud, a comprehensive integrated solution that combined advanced AI with trusted data foundations to ensure seamless and secure AI adoption at scale.
In March 2024, SAP and NVIDIA announced a partnership expansion to accelerate enterprise customers’ adoption of generative AI across SAP’s cloud solutions, leveraging NVIDIA’s expertise in delivering AI capabilities at scale.
Augmented Analytics Market Segmentation:
By Component
Software
Services
By Services
Training and Consulting
Deployment and Integration
Support and Maintenance
By Organization Size
Large enterprises
Small and Medium-sized Enterprises (SMEs)
By Deployment Type
On-Premises
Cloud
By Industry
Banking, Financial Services, and Insurance (BFSI)
Telecom and IT
Retail and Consumer Goods
Healthcare and Life sciences
Manufacturing
Governments and Defense
Energy and Utilities
Transportation and Logistics
Media and Entertainment
Others
Regional Analysis
North America (USA and Canada)
Europe (UK, Germany, France and rest of Europe)
Asia-Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, and Rest of Latin America)
Middle East and Africa (GCC and Rest of the Middle East and Africa)
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Important Features of the reports:
– Detailed analysis of the Augmented Analytics Market
– Fluctuating market dynamics of the industry
– Detailed market segmentation
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of the Augmented Analytics Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
– A neutral perspective towards Augmented Analytics Market performance.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Augmented Analytics Market.
Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market.
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Augmented Analytics Market
How big will the market and growth rate be in 2032?
What are the key drivers for the global Augmented Analytics Market?
What are the major market trends influencing the growth of the global Augmented Analytics Market?
What are the challenges for market growth?
Who are the key vendors in the global Augmented Analytics Market?
What market opportunities and threats are vendors facing in the global Augmented Analytics Market?
What are the main findings of the five forces analysis of the global Augmented Analytics Market?
Conclusion: At the end of the Augmented Analytics Market report, all findings and estimates are presented. It also includes key drivers and opportunities and regional analysis. The Segment analysis is also provided in terms of type and application.
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