The global augmented intelligence market is anticipated to grow at a considerable CAGR of 39.9% during the forecast period. The primary factor that is bolstering the growth of the market over the forecast period is the significant rise in the development and introduction of various AI-powered and advanced technologies in the market. Advanced technologies include big data, blockchain, artificial intelligence, and the Internet of Things (IoT), among others.
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Moreover, augmented intelligence facilitates an analysis of structured, semi-structured, and unstructured data sets available within organizations. The diversity and volume of data produced are anticipated to increase in the years, due to the evolution of digital technologies across business functions. This increasing volume of compound data is anticipated to further drive the adoption of the market products and services. Several key players are focusing on launching new AI-powered technologies for various verticals such as BFSI, healthcare & life sciences, manufacturing, and many more. For instance, in April 2020, IBM launched Watson Advertising Social Targeting with Influential, a new solution that harnesses artificial intelligence (AI) to assist brands to identify influencers that best align with their brand values. The new solution within the Watson Advertising suite of targeting products marks an inflated collaboration with Influential. Further, the increase in the utilization of digital technology to fulfill the customer’s expectations is expected to boost the global augmented intelligence market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Augmented IntelligenceMarket Report Segment
By Technology
- Machine Learning
- Natural Language Processing
- Computer Vision
- Others (Spatial Navigation, Logical Reasoning and Pattern Recognition)
By Deployment Mode
- Cloud
- On-Premises
By Verticals
- BFSI
- IT & Telecom
- Retail & Consumer Goods
- Healthcare & Life Sciences
- Manufacturing
- Government & Defense
- Energy & Utilities
- Transportation & Logistics
- Media & Entertainment
- Others (Travel, and Hospitality)
Global Augmented Intelligence Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global augmented intelligence market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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