Press release
Global Augmented Analytics Market Expected to reach $52.41 billion by 2026 | Tibco Software, Thoughtspot, Tableau Software, Sap, Salesforce, Information Builders, Microstrategy, Qlik, SAS, Microsoft, IBM, Oracle
Global Augmented Analytics Market is accounted for $4.12 billion in 2017 and is expected to reach $52.41 billion by 2026 growing at a CAGR of 32.7%. Factors such as an increase in the advancements of cloud-based technologies rise in need to democratize the analytics and increase productivity are driving the market growth. However, the security concerns related to critical data among different end users are hampering the growth of the market. Moreover, high adoptions of augmented analytics solutions among small and medium-sized enterprises are considered as the growth opportunity for the market.Augmented analytics automates the data insights by utilizing machine learning and natural language generation for automating data preparation, data discovery, and insight sharing. It embeds artificial intelligence in business intelligence tools to make the analytics work easier for citizen data scientists and other business users. It helps expert data scientists in focusing on specialized problems, provide most relevant actionable insights to decision makers, and reduce the time spent on exploring data.
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Based on the deployment mode, cloud segment has a lucrative market share during the forecast period. As the cloud-based augmented analytics solutions provide flexibility to organizations for adjusting to the dynamic business environment. Scalability and cost-effectiveness are the major advantages of adopting cloud-based augmented analytics solutions. By geography, North America region is driven by owing to the early adoption and innovative initiatives for advanced analytics solutions and practices, such as Natural Language Processing (NLP), ML, and smart data preparation and discovery.
Some of the key players in Augmented Analytics market include Tibco Software, Thoughtspot, Tableau Software, Sap, Salesforce, Information Builders, Microstrategy, Qlik, SAS, Microsoft, IBM, Oracle, Domo, Sisense, and Yellowfin.
Deployment Modes Covered:
- Cloud
- On-Premise
- Hybrid
Organization Sizes Covered:
- Small and Medium Sized Enterprises
- Large Enterprises
Business Functions Covered:
- Finance
- Information Technology
- Operations
- Sales & Marketing
- Other Business Functions
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Components Covered:
- Services
- Software
End Users Covered:
- Government & Defense
- IT & Telecommunication
- Banking, Financial Services, and Insurance
- Health Care & Life Sciences
- Manufacturing
- Media and Entertainment
- Energy and Utilities
- Transportation and Logistics
- Retail & Consumer Goods
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Augmented Analytics Market, By Deployment Mode
5.1 Introduction
5.2 Cloud
5.3 On-Premise
5.4 Hybrid
6 Global Augmented Analytics Market, By Organization Size
6.1 Introduction
6.2 Small and Medium Sized Enterprises
6.3 Large Enterprises
7 Global Augmented Analytics Market, By Business Function
7.1 Introduction
7.2 Finance
7.3 Information Technology
7.4 Operations
7.5 Sales & Marketing
7.6 Other Business Functions
8 Global Augmented Analytics Market, By Component
8.1 Introduction
8.2 Services
8.2.1 Deployment and Integration
8.2.2 Support and Maintenance
8.2.3 Training and Consulting Services
8.3 Software
9 Global Augmented Analytics Market, By End User
9.1 Introduction
9.2 Government & Defense
9.3 IT & Telecommunication
9.4 Banking, Financial Services, and Insurance
9.5 Health Care & Life Sciences
9.6 Manufacturing
9.7 Media and Entertainment
9.8 Energy and Utilities
9.9 Transportation and Logistics
9.10 Retail & Consumer Goods
10 Global Augmented Analytics Market, By Geography
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
For More Information about This Report: https://www.reportsweb.com/reports/augmented-analytics-global-market-outlook-2017-2026
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