Augmented Analytics Market Expected To Reach USD 31,069.7 Million By The Year 2026 | Top Key Players are Microsoft Corporation, QlikTech International AB, IBM Corporation, Salesforce.com inc

According to the current analysis of Reports and Data, the global Augmented Analytics Market was valued at USD 4,690.0 Million in 2018 and is expected to reach USD 31,069.7 Million by the year 2026, at a CAGR of 25.2%. Augmented analytics market research study offers an all-inclusive analysis of the revenue generated by the online investment vendors locally and globally. It includes the analysis of critical strategies, business models, geographic presence, market dynamics, industry outlook, competitive landscape, and augmented analytics market revenue for all segments. The study provides an overall insight into the factors responsible for the growth in the augmented analytics market.

Download Sample Copy of this Report before you purchase free of cost! @ https://www.reportsanddata.com/sample-enquiry-form/2154

Companies considered and profiled in this market study

The companies considered in the research study include Microsoft Corporation, QlikTech International AB, IBM Corporation, Salesforce.com inc., SAP SE, SAS Institute, Inc., TIBCO Software Inc., Sisense Inc., ThoughtSpot Inc., MicroStrategy Inc., and GoodData Corporation.

The factors driving the augmented analytics market are increasing complex business data, increased adoption of analytic tools for business intelligence and reducing operational costs, and technological advancements in the analytic techniques. Owing to rising urbanization and digitalization across the world, end-user sectors like BFSI, Government, and retail industries have experienced growth, which is expected to supplement the growth of the augmented analytics market. An increasing number of key players are partnering up with the significant core companies in the above sectors to provide a superior and more efficient platform to help them grow their business as well as redefine experiences for the customers.

The augmented analytics market presents several opportunities for the vendors due to increasing higher implementation of augmented analytics solutions among SMEs. The growth of the augmented analytics market is expected to be restrained due to them is the lack of skilled professionals required for operating these systems, data privacy, and security issues, and reluctant to implement new technology due to heavy dependence on traditional analytical methods. It is anticipated that extensive research and development funded by various companies, along with the enhancements of the cloud computing services would help in overcoming this challenge and convert it into an opportunity for the augmented analytics market to thrive upon. The ecosystem of the augmented analytics comprises of several small and large enterprises. These players are developing in house solutions by spending a larger share of revenue in the innovation of the products. The companies are indulging in partnerships, collaborations, agreements, and mergers to gain a competitive edge in the augmented analytics market.

Further key findings from the report suggest

1. The augmented analytics market is growing at a CAGR of 9% in the Asia Pacific due to the rapid industrialization, urbanization, and digitalization of the developing countries and the increased use of real-time analytics techniques for business intelligence in developing countries such as India, China, and Singapore.

2. Global modernization and emergence of technologies like Big Data, AI, ML, and BI, has increased the number of analytical applications in all business functions of the enterprise, which is expected to increase the use of augmented analytics and expand its market size.

3. Governments are investing in the digitalization of the various industries to help modernize the state-run services, which are availed by people for the day to day activities. These services critically contribute to the revenue generated by countries. It is expected this factor would help the augmented analytics market growth.

4. The cloud deployment model is expected to dominate the augmented analytics market owing to its low-cost implementation and flexible subscription models suitable for the end-users.

5. The sales and marketing business function are estimated to dominate the market in 2018. The enterprises are using augmented analytics solutions to derive actionable insights from the existing data using buying patterns and targeting customers for sales and marketing activities reducing failure rates

Grab Your Report at an Impressive Discount! Please Click Here @ https://www.reportsanddata.com/discount-enquiry-form/2154

Component type (Revenue in USD Million; 2016-2026)
Software
Services

Business Function (Revenue in USD Million; 2016-2026)
Sales & Marketing
Finance
IT
Operations
Others

Deployment type (Revenue in USD Million; 2016-2026)
On-Premises
Cloud

Organization Size (Revenue in USD Million; 2016-2026)
Large Enterprises
Small and Medium-Sized Enterprises

End-User (Revenue in USD Million; 2016-2026)
Banking, Financial Services, and Insurance
Telecom and IT
Retail and Consumer Goods
Healthcare and Life Sciences
Manufacturing
Others

Regional Outlook (Revenue in USD Million; 2016-2026)
North America
Europe
Asia Pacific
Middle East & Africa
Latin America

To Buy This Report, Click Here @ https://www.reportsanddata.com/checkout-form/2154

Key selling points of this research study

1. The study gives an in-depth evaluation of the evolving competitive scenario that gives the reader/client a competitive edge.

2. It offers a holistic view of all critical aspects boosting or limiting the growth of the sector

3. The market intelligence report derives an eight-year forecast, including historical, contemporary, and potential market prospects, projecting the estimated progress of the market.

4. It aids informed decision-making by offering an exhaustive database of the pivotal market segments and sub-segments.

Contact Us:

John Watson
Head of Business Development
Reports and Data
40 Wall St. 28th floor New York City, NY 10005 United States
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

This release was published on openPR.