The global augmented analytics market is anticipated to grow at a substantial CAGR of 30.8% during the forecast period. The major factor driving the global augmented analytics market demand includes rising integration of technology elements by various organizations for managing and operating several business processes. This has led to the creation of extensive amounts of data, which contains substantial information. Storing and gaining knowledge from such data is a topic of concern for most organizations, as it is unstructured and present in large volume. Augmented analytics supports organizations to examine structured, semi-structured, and unstructured data sets available within the organizations, which is propelling the utilization and deployment of augmented analytics solutions and services. The variety and volume of data produced are expected to considerably grow in the years to come, due to the expansion of digital technologies across business functions.
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Moreover, with the advancement in analytic services, new players are expanding their market existence thereby expanding their business footprint across the emerging economies. The market is expected to move towards dissolution during the forecast period, due to the increased number of new entrants. The players are concentrating on product creation to achieve a competitive advantage. For instance, in May 2019, Qlik launched unique multi-cloud and augmented intelligence capabilities. It’s notable because it makes Qlik one of the only providers in the market capable of showing its software via broad multi-cloud deployments, all of which are available under a single subscription licensing.
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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 Analytics Market Report Segment
By Component
- Software
- Services
By Services
- Training & Consulting
- Deployment & Integration
- Support & Maintenance
By Deployment Type
- On-Premises
- Cloud Based
By Services
- BFSI
- Telecom & IT
- Retail & Consumer Goods
- Healthcare & Life sciences
- Manufacturing
- Governments & Defense
- Others (Energy & Utilities, Transportation & Logistics, Media & Entertainment)
Global Augmented Analytics 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 Analytics 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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