Driving Augmented Intelligence Market Growth in 2025: The Role of E-Commerce Boom Fuels Accelerated Growth In The Augmented Intelligence Market

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Augmented Intelligence Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the size of the augmented intelligence market has seen a significant expansion. The market is projected to increase from $27.56 billion in 2024 to $35 billion in 2025, which corresponds to a compound annual growth rate (CAGR) of 27.0%. Reasons for this remarkable growth during the historic period can be traced back to the advancement of data ecosystems, its integration with existing systems, the escalating complexity of business procedures, the need to address cognitive load, and the development of applications specific to certain industries.

How Will the Augmented Intelligence Market Size Evolve and Grow by 2029?
It is projected that the augmented intelligence market will undergo considerable expansion in the upcoming years, with its size expected to reach $90.19 billion by 2029, growing at a compound annual growth rate (CAGR) of 26.7%. The predicted growth during this period can be linked to advancements in natural language processing (nlp), the rapid proliferation of IoT data, improvements in user experience personalization, heightened focus on ethical AI, and continuous learning and adaptability. Key trends to watch in this period include collaboration across industries, an uptick in digital transformation initiatives, human-AI cooperation, context-aware computing, and predictive analytics and forecasting.

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What Drivers Are Propelling the Growth of Augmented Intelligence Market Forward?
The surge in e-commerce requirements is projected to drive the augmented intelligence market's expansion in the future. E-commerce pertains to a choice that includes online trading of goods and services. It serves as a platform for the implementation of augmented intelligence, enabling firms to utilize the power of AI to enhance customer experiences, streamline operations, and maintain competitiveness in the swiftly developing digital market. For instance, the Quarterly Retail E-Commerce Sales report from the US Census Bureau, a governmental agency in the United States, revealed that the overall retail sales for the second quarter of 2024 were evaluated at $1,826.9 billion, indicating a 0.5 percent rise (±0.2) in comparison with the first quarter of 2024. Simultaneously, e-commerce sales witnessed a 6.7 percent (±1.2) increase from the second quarter of 2023, and general retail sales experienced a 2.1 percent (±0.4) growth. In the second quarter of 2024, e-commerce made up 16.0 percent of the total retail sales. Consequently, the escalating demand for e-commerce is fueling the expansion of the augmented intelligence market.

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Which Emerging Trends Are Transforming the Augmented Intelligence Market in 2025?
Key players in the augmented intelligence market are concentrating on the creation of advanced technological tools, such as digital assistants, to solidify their market standing. A digital assistant is a form of software agent capable of executing tasks in response to voice commands or user input, aiding users in multiple areas of their day-to-day lives or work. To illustrate, Squirro AG, a software company based in Switzerland, unveiled a pioneering generative AI application named SquirroGPT in December 2023, with the aim of revolutionising online user engagement. Powered by RAG (Retrieval-Augmented Generation), this digital assistant delivers dynamic, real-time interaction with virtual audiences. Taking advantage of sophisticated AI technology, it promotes secure and private interactions via chat, seeking to change the way businesses connect with their online consumers. The debut of SquirroGPT marks a substantial progression in the digital assistant and AI-powered user engagement sector.

What Are the Key Segments in the Augmented Intelligence Market?
The augmented intelligence market covered in this report is segmented -

1) By Component: Solution, Services
2) By Technology: Machine Learning, Natural Language Processing, Computer Vision, Other Technologies
3) By Enterprise Size: Large Enterprises, Small And Medium Enterprises
4) By Industry Vertical: IT And Telecom, Retail And E-Commerce, BFSI, Healare, Manufacturing, Automotive, Other Verticals

Subsegments:
1) By Solution: Data Analytics Solutions, Cognitive Computing Solutions, Natural Language Processing (NLP) Solutions, Machine Learning Solutions
2) By Services: Consulting Services, Implementation Services, Support And Maintenance Services, Training And Education Services

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Who Are the Key Players Shaping the Augmented Intelligence Market's Competitive Landscape?
Major companies operating in the augmented intelligence market report are Google, Microsoft Corporation, Facebook, Amazon Web Services Inc., International Business Machines Corporation, Oracle, SAP SE, NVIDIA, Salesforce Inc., Clarifai, OpenAI, TIBCO, MicroStrategy Inc., DeepMind, ThoughtSpot Inc., SS&C Blue Prism, DataRobot, AlphaSense, Builder.ai, Sisense Inc., Accubits, GoodData Corporation, Transmetrics, People.ai, Synthesia, Charles River Analytics, CognitiveScale, BenevolentAI SA SA, Altoida AG, Virtualitics

What Geographic Markets Are Powering Growth in the Augmented Intelligence Market?
North America was the largest region in the augmented intelligence market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the augmented intelligence market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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