Augmented Analytics Market

Global Augmented Analytics Market Size, Share & Trends Analysis Report by Component (Software, and Services), by Services (Training & Consulting, Deployment & Integration, and Support & Maintenance), by Deployment Type (On-Premises, and Cloud Based), and by Verticals (BFSI, Telecom & IT, Retail & Consumer Goods, Healthcare & Life Sciences, Manufacturing, Governments & Defense, and Others) Forecast (2022-2028)
    Update Available - Forecast 2024-2030   

Published: Jul 2023 | Report Code: OMR2026432 | Category : Analytics | Delivery Format: /

The global augmented analytics market is anticipated to grow at a significant CAGR of 30.8% during the forecast period. The major factor that drives the global augmented analytics market is due to the growing complexity of the business data has led to a massive rise in the adoption rates of augmented analytics. With the increasing complexity of the work, it becomes time-consuming, and the application of artificial intelligence is anticipated to expand the speed and accuracy with which the analysis is executed.

Impact of COVID-19 Pandemic on Global Augmented Analytics Market

The COVID-19 pandemic has had a positive impact on the global augmented analytics as numerous organizations face the challenges posed by the COVID-19 pandemic, the demand to offer quick and mass communication with updates and policies have achieved momentum. With business leaders demanding to act quickly, the pandemic provided a chance for analytics and AI-based techniques to increase decision-making. Augmented Analytics utilizes AI algorithms to automate data preparation for analysis by labeling and structuring it. AI also enables analytics by streamlining the insight discovery process. It can highlight notable trends and insights without a particular user query.

Segmental Outlook 

The global augmented analytics market is segmented based on the component, services, deployment type, and verticals. Based on the component, the market is segmented into software, and services. Based on the services, the market is sub-segmented into training & consulting deployment & integration, and support & maintenance. Based on the deployment type, the market is sub-segmented into the on-premises, and cloud. Based on the verticals, the market is sub-segmented into the BFSI, telecom & IT, retail & consumer goods, healthcare & life sciences, manufacturing, governments & defense, and others including energy & utilities, transportation & logistics, and media & entertainment. Among these, the cloud segment is anticipated to grow during the forecast period is due to the increased acceptance of cloud computing in businesses across numerous industries.

Global Augmented Analytics Market Share by Software, 2021 (%)

Global Augmented Analytics Market Share by Software

The Software Segment is Anticipated to Hold Prominent Share in the Global Augmented Analytics Market

The software segment is expected to hold prominent share in the global augmented analytics market, due to the increasing transformation from the traditionally manual process of generating insights into advanced AI, and ML-enabled BI tools. Augmented analytics solutions are comprised of modern BI tools that automate the data insights utilizing ML and Natural-Language Generation (NLG). Augmented analytics delivers functionalities, such as preparing data, deciphering data practices, and building models, and distributing & operationalizing the data findings. Owing to the expanding trend of organizations building models and combining data for simplifying and automating their tasks, augmented analytics demonstrates to be an effective solution. These solutions conserve both time and resources utilized for getting relevant business insights from the data.

Regional Outlooks

The global augmented analytics market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America).  The market can be analyzed for a particular region or country level as per the requirement. The Asia Pacific is expected to cater fastest CAGR of the market during the forecast period, due to the huge adoption of business intelligence tools has impacted the market positively in this region. 

Global Augmented Analytics Market Growth, by region 2022-2028

Global Augmented Analytics Market Growth, by region

The North America Region is Anticipated to Hold Prominent Share of the Global Augmented Analytics Market

The North America regional market is expected to hold the prominent market share of the global augmented analytics market during the forecast period. Due to the early adoption and innovative enterprises for advanced analytics solutions and practices such as Natural Language Processing (NLP), ML, and smart data preparation & discovery is major factor bolstering the market growth. Furthermore, some of the other factors driving the growth of augmented analytics software and services includes deployment of state-of-the-art infrastructure, increased funding opportunities, a widespread customer base across numerous industries, a conducive environment for innovation, and the availability of a favorably skilled workforce.

Market Players Outlook

The major companies serving the global augmented analytics market include Domo, Inc, GoodData Corp., IBM Corp., Microsoft Corp., MICROSTRATEGY INC., Oracle, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in June 2019, Salesforce acquired the business intelligence (BI) vendor, Tableau, in an all-stock deal, valued at USD 15.7 billion, a near 50% premium to Tableau’s price of stock at the time of the announcement. The acquisition seems to be in reaction to counter the after-effects of Google’s USD 2.6 billion Looker acquisition and Microsoft’s success in the space and mitigate the consequences of slowing organic growth.

The Report Covers

  • Market value data analysis of 2021 and forecast to 2028.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global Augmented Analytics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

1. Report Summary

Current Industry Analysis and Growth Potential Outlook

Impact of COVID-19 on the Global Augmented Analytics Market

Recovery Scenario of Global Augmented Analytics Market

1.1. Research Methods and Tools

1.2. Market Breakdown

1.2.1. By Segments

1.2.2. BY Region

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis

3.1.1. Overview

3.1.2. Financial Analysis 

3.1.3. SWOT Analysis

3.1.4. Recent Developments

3.2. Key Strategy Analysis

3.3. Impact of Covid-19 on Key Players

4. Market Segmentation

4.1. Global Augmented Analytics Market by Component

4.1.1. Software

4.1.2. Services

4.2. Global Augmented Analytics Market by Services

4.2.1. Training and Consulting

4.2.2. Deployment and Integration

4.2.3. Support and Maintenance

4.3. Global Augmented Analytics Market by Deployment Mode

4.3.1. On-Premises

4.3.2. Cloud Based

4.4. Global Augmented Analytics Market by Verticals

4.4.1. BFSI

4.4.2. Telecom & IT

4.4.3. Retail & Consumer Goods

4.4.4. Healthcare & Life sciences

4.4.5. Manufacturing

4.4.6. Governments & Defense

4.4.7. Others (Energy & Utilities, Transportation & Logistics, Media & Entertainment)

5. Regional Analysis

5.1. North America

5.1.1. United States

5.1.2. Canada

5.2. Europe

5.2.1. UK

5.2.2. Germany

5.2.3. Italy

5.2.4. Spain

5.2.5. France

5.2.6. Rest of Europe 

5.3. Asia-Pacific

5.3.1. China

5.3.2. India

5.3.3. Japan

5.3.4. South Korea

5.3.5. Rest of Asia-Pacific 

5.4. Rest of the World

6. Company Profiles 

6.1. Domo, Inc

6.2. GoodData Corp.

6.3. IBM Corp.

6.4. Microsoft Corp.

6.5. MICROSTRATEGY INC.

6.6. Oracle

6.7. QlikTech International AB

6.8. Salesforce Inc

6.9. SAP 

6.10. SAS Institute Inc.

6.11. Sisense Inc.

6.12. Sitecore

6.13. TABLEAU SOFTWARE, LLC,

6.14. ThoughtSpot Inc. 

6.15. TIBCO Software Inc.

6.16. Zoho Corp Pvt. Ltd. 

1. GLOBAL AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)

2. GLOBAL AUGMENTED ANALYTICS SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

3. GLOBAL AUGMENTED ANALYTICS SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

4. GLOBAL AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)

5. GLOBAL TRAINING & CONSULTING FOR AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

6. GLOBAL DEPLOYMENT & INTEGRATION FOR AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

7. GLOBAL SUPPORT & MAINTENANCE FOR AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION) 

8. GLOBAL AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)

9. GLOBAL ON-PREMISES AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

10. GLOBAL CLOUD BASED AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

11. GLOBAL AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2021-2028 ($ MILLION)

12. GLOBAL AUGMENTED ANALYTICS FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

13. GLOBAL AUGMENTED ANALYTICS FOR TELECOM & IT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

14. GLOBAL AUGMENTED ANALYTICS FOR RETAIL & CONSUMER GOODS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION) 

15. GLOBAL AUGMENTED ANALYTICS FOR HEALTHCARE & LIFE SCIENCES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

16. GLOBAL AUGMENTED ANALYTICS FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

17. GLOBAL AUGMENTED ANALYTICS FOR GOVERNMENTS & DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION) 

18. GLOBAL AUGMENTED ANALYTICS FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION) 

19. GLOBAL AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)

20. NORTH AMERICAN AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)

21. NORTH AMERICAN AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)

22. NORTH AMERICAN AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY SERVICE, 2021-2028 ($ MILLION)

23. NORTH AMERICAN AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2021-2028 ($ MILLION)

24. NORTH AMERICAN AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2021-2028 ($ MILLION)

25. EUROPEAN AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)

26. EUROPEAN AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)

27. EUROPEAN AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)

28. EUROPEAN AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2021-2028 ($ MILLION)

29. EUROPEAN AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2021-2028 ($ MILLION)

30. ASIA-PACIFIC AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)

31. ASIA-PACIFIC AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)

32. ASIA-PACIFIC AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)

33. ASIA-PACIFIC AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2021-2028 ($ MILLION)

34. ASIA-PACIFIC AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2021-2028 ($ MILLION)

35. REST OF THE WORLD AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)

36. REST OF THE WORLD AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)

37. REST OF THE WORLD AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)

38. REST OF THE WORLD AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2021-2028 ($ MILLION)

39. REST OF THE WORLD AUGMENTED ANALYTICS MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2021-2028 ($ MILLION)

1. IMPACT OF COVID-19 ON GLOBAL AUGMENTED ANALYTICS MARKET, 2021-2028 ($ MILLION)

2. IMPACT OF COVID-19 ON GLOBAL AUGMENTED ANALYTICS MARKET BY SEGMENT, 2021-2028 ($ MILLION)

3. RECOVERY OF GLOBAL AUGMENTED ANALYTICS MARKET, 2022-2028 (%)

4. GLOBAL AUGMENTED ANALYTICS MARKET SHARE BY COMPONENT, 2021 VS 2028 (%)

5. GLOBAL AUGMENTED ANALYTICS SOFTWARE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

6. GLOBAL AUGMENTED ANALYTICS SERVICES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

7. GLOBAL AUGMENTED ANALYTICS MARKET SHARE BY SERVICES, 2021 VS 2028 (%)

8. GLOBAL TRAINING & CONSULTING FOR AUGMENTED ANALYTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

9. GLOBAL DEPLOYMENT & INTEGRATION FOR AUGMENTED ANALYTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

10. GLOBAL SUPPORT & MAINTENANCE FOR AUGMENTED ANALYTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

11. GLOBAL AUGMENTED ANALYTICS MARKET SHARE BY DEPLOYMENT TYPE, 2021 VS 2028 (%)

12. GLOBAL ON-PREMISES BASED AUGMENTED ANALYTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

13. GLOBAL CLOUED BASED AUGMENTED ANALYTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

14. GLOBAL AUGMENTED ANALYTICS FOR BFSI MARKET SHARE BY VERTICALS, 2021 VS 2028 (%)

15. GLOBAL AUGMENTED ANALYTICS FOR TELECOM & IT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

16. GLOBAL AUGMENTED ANALYTICS FOR RETAIL & CONSUMER GOODS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

17. GLOBAL AUGMENTED ANALYTICS FOR HEALTHCARE & LIFE SCIENCES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

18. GLOBAL AUGMENTED ANALYTICS FOR MANUFACTURING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

19. GLOBAL AUGMENTED ANALYTICS FOR GOVERNMENTS & DEFENSE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

20. GLOBAL AUGMENTED ANALYTICS FOR OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

21. GLOBAL AUGMENTED ANALYTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

22. US AUGMENTED ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)

23. CANADA AUGMENTED ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)

24. UK AUGMENTED ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)

25. FRANCE AUGMENTED ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)

26. GERMANY AUGMENTED ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)

27. ITALY AUGMENTED ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)

28. SPAIN AUGMENTED ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)

29. REST OF EUROPE AUGMENTED ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)

30. INDIA AUGMENTED ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)

31. CHINA AUGMENTED ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)

32. JAPAN AUGMENTED ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)

33. SOUTH KOREA AUGMENTED ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)

34. REST OF ASIA-PACIFIC AUGMENTED ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)

35. REST OF THE WORLD AUGMENTED ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)