Global Augmented Analytics Market Outlook 2025-2034: Trends, Innovations, And Future Outlook

The Augmented Analytics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Augmented Analytics Market Size and Projected Growth Rate?
The market size of augmented analytics has seen a tremendous surge in growth in the previous years. It's projected to expand from $13.62 billion in 2024 to $16.51 billion in 2025, with a compound annual growth rate (CAGR) of 21.2%. The impressive growth during the historical period can be traced back to the emphasis on automated insights and suggestions, user-oriented design and implementation, analytics platforms based in the cloud, concentration on transparent AI explanation, and the need for instantaneous and context-specific insights.

Expectations are high for substantial expansion in the augmented analytics market in the coming years. Its market size is projected to surge to $41.23 billion by the year 2029, at a compound annual growth rate (CAGR) of 25.7%. The growth over this forecast period can be linked to the consistent complexity and volume of data, the rising demand for streamlined analytics solutions, advancements in artificial intelligence and machine learning, and the broadening of self-service analytics. Key trends anticipated during this forecast period include the merging of AI and analytics, automated machine learning (AutoML), advancements in natural language processing (NLP), developments in explainable AI (XAI) and transparency, the incorporation of analytics within business applications, and the increased adoption of predictive and prescriptive analytics.

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What Are the Major Segments in the Augmented Analytics Market?
The augmented analytics market covered in this report is segmented -

1) By Component: Software, Services
2) By Deployment Type: On-Premises, Cloud
3) By Services: Training And Consulting, Deployment And Integration, Support And Maintenance
4) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)

Subsegments:
1) By Software: Data Preparation Tools, Business Intelligence (BI) Tools, Analytics And Visualization Tools, Natural Language Processing (NLP) Tools, Machine Learning Platforms
2) By Services: Consulting Services, Implementation Services, Training And Support Services, Managed Services

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What Are The Driving Augmented Analytics Market Evolution?
The rising need for business intelligence (BI) tools is anticipated to stimulate the amplified analytics market's expansion. The utilization of these tools aims to ease regular data-driven decision-making. These tools are not only handy for data scientists but also for front-line staff, allowing all departments and teams to gain insights into the data, facilitating data democracy throughout the enterprise. For example, Techjury, a software and tech review firm based in the US, revealed in a report in January 2024 that more than 33% of big businesses made use of BI for decision-making in 2023, and decisions were made five times faster after the adoption of data analytics. Additionally, the BI market is poised to hit $33.3 billion by 2025. Furthermore, by 2020, BI adoption was reported by over 67% of organizations, with 70% of professionals considering data discovery crucial. Consequently, the growing demand for the application of business intelligence (BI) tools is a significant factor propelling the growth of the augmented analytics market.

Which Firms Dominate The Augmented Analytics Market Segments?
Major companies operating in the augmented analytics market include Salesforce, Inc., SAP SE, The International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Tableau Software, MicroStrategy Incorporated, SAS Institute Inc., QlikTech International AB, TIBCO Software India Pvt. Ltd, Sisense Ltd., Cloud Software Group, Inc., Yellowfin, ThoughtSpot Inc., Domo, Inc., Alation, Inc., Tamr, Paxata, Attivio, Arcadia Solutions, LLC, Squirro AG, GoodData Corporation, Looker Data Sciences, Inc., Alteryx, Board International S. A, Logi Analytics, Inc., Pyramid Analytics, Birst, Inc., Datorama, Panorama Software Ltd., DataRobot, Inc., RapidMiner, Inc., BIME Analytics

What Trends Are Expected to Dominate the Augmented Analytics Market in the Next 5 Years?
The advancements in technology are becoming more prevalent in the augmented analytics market. Leading entities in this market are concentrating on innovative product development to attain a competitive advantage. For example, Smarten Augmented Analytics, a company from India, declared in April 2022 the integration of sentiment analysis elements to its advanced augmented analytics offering. This new feature provides businesses with resources to comprehend the perception of their customers, stakeholders, and others, empowering them to improve their product offerings and services.

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Which Is The Largest Region In The Augmented Analytics Market?
North America was the largest region in the augmented analytics market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the augmented analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Augmented Analytics Market?
2. What is the CAGR expected in the Augmented Analytics Market?
3. What Are the Key Innovations Transforming the Augmented Analytics Industry?
4. Which Region Is Leading the Augmented Analytics Market?

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