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Comprehensive Market Analysis on Augmented Analytics Market projected to reach USD 81.4 Billion by 2030, includes Partner and Customer Ecosystem | New Developments, Vendor & Technology Assessment
According to a research report "Augmented Analytics Market”, By Component (Software, Services), Service (Training and Consulting, Deployment and Integration, Support, and Maintenance), Organization Size (Large enterprises, Small and Medium-sized Enterprises (SMEs)), Deployment Type (On-Premises, Cloud), 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), & Region - Global Forecast to 2030"
Augmented Analytics Market Market Scope:
- Market size value in 2022 - USD 18.7 Billion
- Market size value in 2030 - USD 81.4 Billion
- CAGR (2022-2030) - 20.2%
- Forecast Period - 2022-2030
- Historic Data - 2019
- Segments Covered - Component, Service, Organization Size, Deployment Type, Industry & Region
- Geographies Covered - North America, Europe, Asia Pacific, and RoW
- Sample of Companies Covered - MicroStrategy, SAS, Qlik, TIBCO Software, Sisense, Information Builders, Yellowfin, ThoughtSpot, and Domo, Microsoft
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Browse in-depth TOC on "Augmented Analytics Market"
- 144 - Tables
- 99 - Figures
- 362 - Pages
Market Overview: The Augmented Analytics Market is experiencing robust growth driven by the escalating demand for data-driven insights and intelligent business decision-making tools. The integration of advanced technologies, including machine learning and artificial intelligence, has revolutionized the analytics landscape, enabling organizations to derive meaningful insights from vast datasets. The market dynamics are characterized by a surge in the adoption of augmented analytics solutions across various industries, as businesses seek to enhance their operational efficiency and gain a competitive edge. Additionally, the increasing awareness of the benefits of augmented analytics, such as improved data accuracy and quicker decision-making, is propelling market expansion. The rise of self-service analytics and the growing importance of predictive and prescriptive analytics further contribute to the market's momentum. As organizations continue to prioritize data-driven strategies, the augmented analytics market is poised for sustained growth, with innovations and evolving user expectations shaping the competitive landscape.
Market Dynamics
Drivers:
- Development in blockchain and modernization of digital technology
- Increasing Demand to Cater Complex Business Data
- Huge Adoption of Business Intelligence Tools
Opportunities:
- Growing adoption of cloud-based augmented analytics solutions
- Increasing demand for self-service augmented analytics tools
- Augmented analytics for customer experience (CX) improvement
North America dominates the market for Augmented Analytics.
Asia Pacific dominated the Augmented Analytics Market. The Asia Pacific region is experiencing rapid economic growth and industrialization. This is driving the demand for advanced nanomaterials in a wide range of industries, such as electronics, energy and environment, healthcare, and aerospace and defense. There is a large and growing nanomaterials industry in the Asia Pacific region. This industry is supported by a number of leading nanomaterials companies, such as Samsung SDI, LG Chem, and Toray Industries. The cost of manufacturing advanced nanomaterials is relatively low in the Asia Pacific region. This is making the region an attractive destination for foreign investment in the nanomaterials industry.
Asia Pacific region is expected to continue to dominate the Augmented Analytics Market in the coming years. This is due to the region's rapid economic growth and industrialization, government support for nanotechnology research and development, presence of a large and growing nanomaterials industry, and low manufacturing costs. Also, Asia Pacific are the fastest growing region for the Augmented Analytics Market. South Korea's Ministry of Trade, Industry and Energy (MOTIE) has launched a new program to support the development and commercialization of advanced nanomaterials. The program will provide funding to companies that are developing new nanomaterials and applications.
Top Key Players covered in the market report:
- Salesforce
- SAP
- IBM
- Microsoft
- Oracle
- Tableau
- MicroStrategy
- SAS
- Qlik
- TIBCO Software
- Sisense
- Information Builders
- Yellowfin
- ThoughtSpot
- Domo
- Microsoft
- TIBCO Software
- ThoughtSpot
- Birst
- Logi Analytics
- Looker
- Yellowfin
- Pyramid Analytics
- Board International
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Segmentations Analysis of Augmented Analytics Market: -
- By Component
- By Services
- By Organization Size
- By Deployment Type
- By Industry
- By Region
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