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Augmented Analytics Market Will Experiencing Noticeable Growth during the Forecast Period 2017 to 2026 | | Tibco Software, Thoughtspot, Tableau Software, Sap, Salesforce, Information Builders, Microstrategy, Qlik, SAS, Microsoft, IBM, Oracle, Domo

08-28-2019 01:52 PM CET | IT, New Media & Software

Press release from: Premium Market Insights

Premium Market Insights - Augmented Analytics Market

Premium Market Insights - Augmented Analytics Market

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.

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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.

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.

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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

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

Regions Covered:
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa

What our report offers:

- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

We also can offer a customized report to fulfill the special requirements of our clients.

Access Complete Report at https://www.premiummarketinsights.com/buy/SMRC00016528

Contact Info:
Name: Sameer Joshi
Email: sales@premiummarketinsights.com
Organization: Premium Market Insights
Phone: +1-646-491-9876

About Premium Market Insights:

Premium Market Insights is a one-stop-shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost-effective research reports and solutions from various publishers.

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