Augmented Analytics Market size was valued at USD 9.86 Billion in 2021, registering a CAGR of 23.5% during the forecast period (2022-2030), and the market is projected to be worth USD 65.89 Billion by 2030.
In order to extract sophisticated and useful insights from data, an enhanced analytics method makes use of cutting-edge technology, such as advanced statistics, natural language processing (NLP), and machine learning (ML). Additionally, the programme assists in trend analysis, problem solving, and future forecasting. Innovative statistical and modelling tools can be used to examine organisational analytics. These insights can be used to chart or change the direction of businesses.
Augmented Analytics Market Research Report” was just released by Market Research Community. It is divided into several categories, including Component (Software and Services), Business Function (Sales & Marketing, Finance, IT, Operations, and Others), Deployment (On-Premise and Cloud) Industry Verticals (Retail, Healthcare & Life Sciences, BFSI, Telecom & IT, Manufacturing, Government, Transportation & Logistics, and Others) and companies (SAS, Tibco Software, Sisense, Qlik, MicroStrategy, Looker, Yellowfin, Board International, Logi Analytics, Pyramid Analytics, and Birst among others. Among these, Microsoft corporation, Tableau, and Qlik, Salesforce, SAP SE, IBM Corporation, Microsoft Corporation, Oracle, Tableau Software) According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 23.5%, over the forecast period of 2022–2030
The increased adoption of Augmented Analytics in the Next Generation industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Augmented Analytics also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Augmented Analytics in many sectors also boosts the market growth during the forecast period.
|Report Attributes||Report Details|
|Market Size in 2030 (USD Billion)||65.89 Billion|
|By Component||Software and Services|
|By Business Function||Sales & Marketing, Finance, IT, Operations, and Others|
|By Deployment||On-Premise and Cloud|
|By Industry Verticals||Retail, Healthcare & Life Sciences, BFSI, Telecom & IT, Manufacturing, Government, Transportation & Logistics, and Others|
|By Geography||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Key Players||SAS, Tibco Software, Sisense, Qlik, MicroStrategy, Looker, Yellowfin, Board International, Logi Analytics, Pyramid Analytics, and Birst among others. Among these, Microsoft corporation, Tableau, and Qlik, Salesforce, SAP SE, IBM Corporation, Microsoft Corporation, Oracle, Tableau Software,|
The COVID-19 pandemic has had a substantial negative influence on the Augmented Analytics market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
SAS, Tibco Software, Sisense, Qlik, MicroStrategy, Looker, Yellowfin, Board International, Logi Analytics, Pyramid Analytics, and Birst among others. Among these, Microsoft corporation, Tableau, and Qlik, Salesforce, SAP SE, IBM Corporation, Microsoft Corporation, Oracle, Tableau Software,
Market Segment Analysis:
By Business Function
- Sales & Marketing
By Industry Vertical
- Media and Entertainment
- Healthcare and Life Sciences
- Telecom and IT
- Transportation and Logistics
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Augmented Analytics industries in the region.
Key Augmented Analytics Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Augmented Analytics Market segments.
– Largest Market Share Held by Industry to Industry for Augmented Analytics
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Augmented Analytics Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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