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Augmented Analytics Market Emerging Trends and Technology 2025
Augmented Analytics Market
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Augmented analytics will assist the manufacturing sector by helping them visualize the data and offering them with actionable insights related to the product before its production. It is used in the IT sector for processing data and embedding the results. It allows businesses to monetize on hundreds of data sources in real-time and uses it for the growth of the business by using tracking and reports.
What Information does this report contain?
• Augmented Analytics Market Historical data coverage: 2014 to 2018; Growth Projections: 2019 to 2025.
• Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
• 6-7 year performance forecasts: major segments covering applications, top products and geographies.
• Competitive landscape reporting: augmented analytics market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
Some of the top players in the augmented analytics market are Birst, Board International, IBM Corporation, Logi Analytics, Looker, Microsoft Corporation, MicroStrategy, Oracle, Pyramid Analytics, Salesforce, SAP SE, SAS, Sisense, Tableau Software, Tibco Software, Qlik, and Yellowfin. The companies operating in the market are forming partnerships with other augmented analytics firms to develop customized product offerings for certain industry verticals.
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The North America region has dominated the augmented analytics market due to the rapid adoption of various new & innovative emerging technologies, particularly in the U.S. Technology players, such as Oracle and Microsoft, have also been investing highly in various R&D activities to further accelerate the advances of the augmented analytics landscape. The strong financial condition of the companies in the region is allowing the investment in augmented analytics solutions to increase their operational efficiency.
The Asia Pacific augmented analytics market will grow significantly over the projected time span due to the widespread digitalization across various industry verticals. The rising need among the regional companies to better compete with their western counterparts has been driving the usage of augmented analytics solutions in the region. However, the rising data security concerns and the lack of awareness regarding various augmented analytics products & services have restricted its adoption in certain price-sensitive markets.
In the agriculture landscape, it has been used for numerous farming processes to increase its efficiency and effectiveness by analyzing data gathered through sensors from measuring humidity and water level indications. Large tech players, such as Google, are working on this technology. Google has introduced ‘Google Tulip’, an augmented analytics solution that uses artificial intelligence and machine learning to analyze tulip flowers, better understand the plants’ lifecycle, and develop new ways to enhance its lifespan and productivity. Due to the widespread adoption of the Internet of Things (IoT) and an extensive amount of digitalization, huge amounts of data are being generated. Most of the firms are using big data mechanisms to store & process these vast levels of data.
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Global Market Insights, Inc.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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