Augmented Analytics Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2024-2031

The global augmented analytics market is anticipated to grow at a substantial CAGR of 30.8% during the forecast period. The major factor driving the global augmented analytics market demand includes rising integration of technology elements by various organizations for managing and operating several business processes. This has led to the creation of extensive amounts of data, which contains substantial information. Storing and gaining knowledge from such data is a topic of concern for most organizations, as it is unstructured and present in large volume. Augmented analytics supports organizations to examine structured, semi-structured, and unstructured data sets available within the organizations, which is propelling the utilization and deployment of augmented analytics solutions and services. The variety and volume of data produced are expected to considerably grow in the years to come, due to the expansion of digital technologies across business functions.

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Moreover, with the advancement in analytic services, new players are expanding their market existence thereby expanding their business footprint across the emerging economies. The market is expected to move towards dissolution during the forecast period, due to the increased number of new entrants. The players are concentrating on product creation to achieve a competitive advantage. For instance, in May 2019, Qlik launched unique multi-cloud and augmented intelligence capabilities. It's notable because it makes Qlik one of the only providers in the market capable of showing its software via broad multi-cloud deployments, all of which are available under a single subscription licensing.

Global Augmented Analytics Market Report Segment

By Component

• Software
• Services

By Services

• Training & Consulting
• Deployment & Integration
• Support & Maintenance

By Deployment Type

• On-Premises
• Cloud Based

By Services

• BFSI
• Telecom & IT
• Retail & Consumer Goods
• Healthcare & Life sciences
• Manufacturing
• Governments & Defense
• Others (Energy & Utilities, Transportation & Logistics, Media & Entertainment)

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Augmented Analytics Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Domo, Inc
• GoodData Corp.
• IBM Corp.
• Microsoft Corp.
• MICROSTRATEGY INC.
• Oracle
• QlikTech International AB
• Salesforce Inc
• SAP
• SAS Institute Inc.
• Sisense Inc.
• Sitecore

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