Augmented Intelligence: Powering the Next Wave of Technological Breakthroughs

Published: Jul 2024

Global augmented intelligence market is anticipated to grow at a significant CAGR of 23.5% during the forecast period. The augmented intelligence industry is driven by an increasing volume of complex business data. There is a growing need for augmented intelligence technologies, such as ML (Machine Learning) and Natural Language Processing (NLP) attributed to the increasing data analysis needs. The growing adoption of advanced augmented intelligence and analytics tools is anticipated to drive significant growth in the worldwide augmented intelligence market throughout the forecast period.

Browse the full report description of “Augmented Intelligence Market Size, Share & Trends Analysis Report by Technology (Machine Learning (ML), Natural Language Processing (NLP), Computer Vision, and Others), by Deployment Mode (Cloud, and On-Premises), and by Verticals (BFSI, IT & Telecom, Retail & Consumer Goods, Healthcare & Life Sciences, Manufacturing, Government & Defense, Energy & Utilities, Transportation & Logistics, Media & Entertainment, and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/augmented-intelligence-market

Major Advancements in the Global Augmented Intelligence Market

  • In March 2023, Large Language Models (LLMs), its unique Composite AI (mixing various AI technologies, such as ML and Knowledge Graph, to provide insight), and Insight Engine technologies are all combined in Squirro's solution.
  • In January 2023, Keyrus, a consultancy partner for augmented intelligence market analytics within the Amazon Web Services (AWS) cloud, announced a partnership with Pyramid Analytics. This partnership is supported by Keyrus' outstanding track record of developing and delivering BI solutions, in addition to their general standing as a leader in data and digital consulting.
  • In March 2022, Schlumberger partnered with Dataiku to provide customers with a single, centralized platform for designing, deploying, governing, and managing AI and analytics applications, allowing everyday users to create 'low-code no-code' AI solutions.
  • In April 2021, Oracle made its GoldenGate technology available as a highly automated, fully managed cloud service that clients can use to help ensure that their valuable data is always available and analyzable in real-time, wherever needed.

Market Coverage

The market number available for – 2023-2031

Base year- 2023

Forecast period- 2024-2031

Segment Covered-

o By Technology

o By Deployment Modes

o By Verticals

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- 

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Augmented Intelligence Market Report Segment

By Technology

  • Machine Learning
  • Natural Language Processing
  • Computer Visions 
  • Others (Spatial Navigation, Logical Reasoning, and Pattern Recognition)

By Deployment Mode

  • On-Premises
  • Cloud

By Verticals

  • BFSI (Banking, Financial Services and Insurance)
  • IT & Telecom
  • Retail & Consumer Goods
  • Health Care & Life Sciences
  • Manufacturing
  • Government & Defense
  • Energy & Utilities
  • Transportation & Logistics
  • Media & Entertainment
  • Others (Travel, and Hospitality)

Global Augmented Intelligence Market Report Segment by Region

North America

United States

Canada 

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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