Global augmented intelligence market is anticipated to grow at a significant CAGR of 23.5% during the forecast period. The augmented intelligence industry is driven by an increasing volume of complex business data. There is a growing need for augmented intelligence technologies, such as ML (Machine Learning) and Natural Language Processing (NLP) attributed to the increasing data analysis needs. The growing adoption of advanced augmented intelligence and analytics tools is anticipated to drive significant growth in the worldwide augmented intelligence market throughout the forecast period.
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Major Advancements in the Global Augmented Intelligence Market
- In March 2023, Large Language Models (LLMs), its unique Composite AI (mixing various AI technologies, such as ML and Knowledge Graph, to provide insight), and Insight Engine technologies are all combined in Squirro’s solution.
- In January 2023, Keyrus, a consultancy partner for augmented intelligence market analytics within the Amazon Web Services (AWS) cloud, announced a partnership with Pyramid Analytics. This partnership is supported by Keyrus’ outstanding track record of developing and delivering BI solutions, in addition to their general standing as a leader in data and digital consulting.
- In March 2022, Schlumberger partnered with Dataiku to provide customers with a single, centralized platform for designing, deploying, governing, and managing AI and analytics applications, allowing everyday users to create ‘low-code no-code’ AI solutions.
- In April 2021, Oracle made its GoldenGate technology available as a highly automated, fully managed cloud service that clients can use to help ensure that their valuable data is always available and analyzable in real-time, wherever needed.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered-
o By Technology
o By Deployment Modes
o By Verticals
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape-
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Augmented Intelligence Market Report Segment
By Technology
- Machine Learning
- Natural Language Processing
- Computer Visions
- Others (Spatial Navigation, Logical Reasoning, and Pattern Recognition)
By Deployment Mode
- On-Premises
- Cloud
By Verticals
- BFSI (Banking, Financial Services and Insurance)
- IT & Telecom
- Retail & Consumer Goods
- Health Care & Life Sciences
- Manufacturing
- Government & Defense
- Energy & Utilities
- Transportation & Logistics
- Media & Entertainment
- Others (Travel, and Hospitality)
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