Press release
Augmented Analytics Market Growth, Share, Demand and Analysis of Key Players - Research Forecasts to 2027
Using the powers of machine learning for automating data insights fir enabling good visualizations of data to the end-user is defined as augmented analytics. Augmented analytics enables scientists and data analysts to formulate various strategies on different business aspects. Accessible augmented analytics creates citizen data scientists and improves accountability and empowerment. These solutions produce better decisions, more accurate business predictions and measurable analysis of product and service offerings, pricing, financials, production and other aspects of business.The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global augmented analytics market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The augmented analytics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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The List of Companies
1. IBM Corporation
2. Microsoft Corporation
3. Oracle Corporation
4. QlikTech International AB
5. SAP SE
6. SAS, Inc.
7. Sisense Inc.
8. Tableau Software
9. ThoughtSpot Inc.
10. TIBCO Software Inc.
The rapid rates of increase in the volumes of data across sectors and business functions is driving the needs for machine based analytics to be applied and augmented analytics market. Increasing implementations of artificial intelligence, machine learning, and natural language processing tools are anticipated to provide healthy opportunities to the players operating in the augmented analytics market.
MARKET SEGMENTATION
The global augmented analytics market is segmented on the basis of component, business function, deployment model, and industry vertical. Based on component, the augmented analytics market is segmented into software and service. On the basis of business function, the augmented analytics market is segmented into sales & marketing, finance, IT, operations, and others. Further, the augmented analytics market is segmented on the basis of deployment model into cloud and on-premise. The augmented analytics market on the basis of the industry vertical is classified into BFSI, retail and consumer goods, manufacturing, healthcare and medical sciences, energy & utilities, transportation & logistics, it & telecom, media & entertainment, and others.
The report analyzes factors affecting the augmented analytics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the augmented analytics in these regions.
The reports cover key developments in the augmented analytics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from augmented analytics market are anticipated to lucrative growth opportunities in the future with the rising demand for augmented analytics in the global market.
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