Augmented Intelligence Market
Global Augmented Intelligence Market Size, Share & Trends Analysis Report by Technology (Machine Learning, Natural Language Processing, Computer Vision, and Others), by Deployment Mode (On-Premises, and Cloud), 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 (2022-2028)
The global augmented intelligence market is anticipated to grow at a significant CAGR of 39.9% during the forecast period. The factor that drives the global augmented intelligence market is the increasing adoption of technology such as AI, among others. AI-driven automation has proven useful in numerous applications across various industries, including the aviation, medical, agriculture, energy, and material handling markets. It is being utilized to automate tasks, diagnose equipment malfunctions, and detect product anomalies. Furthermore, AI technology is still in the early stage of its life cycle, and the workforce with in-depth knowledge of this technology is limited. Thus, this factor may restrain the market during the forecast period.
Impact of COVID-19 Pandemic on Global Augmented Intelligence Market
The COVID-19 pandemic has motivated new applications and technological developments within the sector. It has accelerated the acceptance of AI in sectors such as healthcare, manufacturing, IT & telecom, and others. AI-based tools and solutions were being utilized at scale for responding to the pandemic. Technology giants such as Microsoft, Google, Apple, Amazon, and Facebook were taking initiatives related to remote communications among patients and clinicians, contact tracing, and drug development. During the pandemic, numerous companies experienced a significant increase in pressure from customers, while their number of available employees decreased. Numerous contact centers were unable to manage demand due to lockdown restrictions, leading to long delays in customer service queries, which dramatically affected the customer experience. Hence this situation has increased the demand for augmented intelligence during the COVID-19 pandemic.
Segmental Outlook
The global augmented intelligence market is segmented based on technology, deployment mode, and verticals. Based on the technology, the market is segmented into machine learning, natural language processing, computer vision, and others. Based on the deployment mode, the market is sub-segmented into the cloud and on-premises. Based on the verticals, the market is sub-segmented into the BFSI, IT & telecom, retail & consumer goods, healthcare & life sciences, manufacturing, government & defense, energy & utilities, transportation & logistics, media & entertainment, and others. Among the verticals, the BFSI segment is expected to grow during the forecast period as augmented intelligence is gaining acceptance in BFSI industries to improve profitability and reduce overall costs.
Global Augmented Intelligence Market Share by Technology, 2021 (%)
The Machine Learning (ML) Segment is Anticipated to Hold the Prominent Share in the Global Augmented Intelligence Market
The ML sub-segment is anticipated to hold a prominent share during the forecast period as augmented intelligence with technology such as ML assists in the transformation of knowledge into expertise. ML supports the company in the extraction of relevant patterns from huge amounts of data generated by organizations. Augmented intelligence with ML systems can determine patterns utilizing aggregated data with accurate unit characteristics of each instance and numerous variables to be employed, allowing predictive models to be built.
Regional Outlooks
The global augmented intelligence 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 North American region is expected to hold a prominent share during the forecast period due to the presence of major key players in this region. For instance, in April 2019, AWS enhanced AI services for NLP, speech-to-text transcription, and image detection. AWS added new features to its AI services, such as Amazon Comprehend. The new features allow utilizers to process texts in encrypted format as well.
Global Augmented Intelligence Market Growth, by Region 2022-2028
The Asia-Pacific is Anticipated to Cater to Fastest Growth Over the Forecast Period
The Asia-Pacific is expected to be the fastest-growing region in the global augmented intelligence market during the forecast period. The region is experiencing and witnessing a lot of new entrepreneur setups across emerging nations such as India, China, and others. These new setups are further inclined towards acquiring new customers and gaining customer trust by involving new paradigms of advanced analytics. Such activities will further support new market players to have a competitive advantage over established players across the region. In addition, the establishment of these new startups is being highly supported by the government of the nations. For instance, in April 2022, the Ministry of Defense (MoD) announced to provide fund startups that offer solutions for the requirement of AI, big data analytics, and others across India.
Market Players Outlook
The major companies serving the global augmented intelligence market include Google, IBM corp., Microsoft, TIBCO Software Inc., Amazon Web Services, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in December 2020, Cisco introduced a new Webex solution to deliver highly personalized insights and actionable recommendations to individuals and teams. Webex authorizes organizations to collaborate seamlessly and modify their employee and customer experiences. It is assisting employees to innovate and remain productive.
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 intelligence 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 Intelligence Market
• Recovery Scenario of Global Augmented Intelligence 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
3.2. Google LLC
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. IBM Corp.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Microsoft Corp.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. TIBCO Software Inc.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Amazon Web Services, Inc.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
3.8. Impact of COVID-19 on Key Players
4. Market Segmentation
4.1. Global Augmented Intelligence Market by Technology
4.1.1. Machine Learning (ML)
4.1.2. Natural Language Processing (NLP)
4.1.3. Computer Vision
4.1.4. Others (Spatial Navigation, Logical Reasoning, and Pattern Recognition)
4.2. Global Augmented Intelligence Market by Deployment Mode
4.2.1. Cloud
4.2.2. On-Premises
4.3. Global Augmented Intelligence Market by Verticals
4.3.1. BFSI
4.3.2. IT & Telecom
4.3.3. Retail & Consumer Goods
4.3.4. Healthcare & Life Sciences
4.3.5. Manufacturing
4.3.6. Government & Defense
4.3.7. Energy & Utilities
4.3.8. Transportation & Logistics
4.3.9. Media & Entertainment
4.3.10. Others (Travel, and Hospitality).
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. Aible, Inc.
6.2. COSMO TECH
6.3. DataRobot, Inc.
6.4. Impulse Innovations Ltd.
6.5. Lucidworks, Inc.
6.6. MicroStrategy
6.7. NEORIS DE MÉXICO, S.A. DE C.V.
6.8. QlikTech International AB
6.9. Salesforce, Inc.
6.10. SAP Digital Commerce
6.11. SAS Institute Inc.
6.12. Sisense Inc.
6.13. Squirro AG
6.14. Stradigi AI Inc.
6.15. Tellius, Inc.
1. GLOBAL AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
2. GLOBAL MACHINE LEARNING IN AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL NATURAL LANGUAGE PROCESSING IN AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL COMPUTER VISION IN AUGMENTED INTELLIGENCEMARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL OTHERS IN AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
7. GLOBAL CLOUD-BASED AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL ON-PREMISES AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2021-2028 ($ MILLION)
10. GLOBAL AUGMENTED INTELLIGENCE FOR BFSI MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
11. GLOBAL AUGMENTED INTELLIGENCE FOR IT & TELECOM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL AUGMENTED INTELLIGENCE FOR RETAIL & CONSUMER GOODS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL AUGMENTED INTELLIGENCE FOR HEALTHCARE & LIFE SCIENCES MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
14. GLOBAL AUGMENTED INTELLIGENCE FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL AUGMENTED INTELLIGENCE FOR GOVERNMENT & DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL AUGMENTED INTELLIGENCE FOR ENERGY & UTILITIES MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
17. GLOBAL AUGMENTED INTELLIGENCE FOR TRANSPORTATION & LOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL AUGMENTED INTELLIGENCE FOR MEDIA & ENTERTAINMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. GLOBAL AUGMENTED INTELLIGENCE FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
20. GLOBAL AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
21. NORTH AMERICAN AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. NORTH AMERICAN AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
23. NORTH AMERICAN AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
24. NORTH AMERICAN AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2021-2028 ($ MILLION)
25. EUROPEAN AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. EUROPEAN AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
27. EUROPEAN AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
28. EUROPEAN AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
32. ASIA-PACIFIC AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2021-2028 ($ MILLION)
33. REST OF THE WORLD AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
34. REST OF THE WORLD AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
35. REST OF THE WORLD AUGMENTED INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL AUGMENTED INTELLIGENCE MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL AUGMENTED INTELLIGENCE MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL AUGMENTED INTELLIGENCE MARKET, 2022-2028 (%)
4. GLOBAL AUGMENTED INTELLIGENCE MARKET SHARE BY TECHNOLOGY, 2021 VS 2028 (%)
5. GLOBAL MACHINE LEARNING IN AUGMENTED INTELLIGENCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL NATURAL LANGUAGE PROCESSING IN AUGMENTED INTELLIGENCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL COMPUTER VISION IN AUGMENTED INTELLIGENCEMARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL OTHERS IN AUGMENTED INTELLIGENCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL AUGMENTED INTELLIGENCE MARKET SHARE BY DEPLOYMENT MODE, 2021 VS 2028 (%)
10. GLOBAL ON-PREMISES AUGMENTED INTELLIGENCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL CLOUD-BASED AUGMENTED INTELLIGENCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL AUGMENTED INTELLIGENCE MARKET SHARE BY VERTICALS, 2021 VS 2028 (%)
13. GLOBAL AUGMENTED INTELLIGENCE FOR BFSI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL AUGMENTED INTELLIGENCE FOR IT & TELECOM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL AUGMENTED INTELLIGENCE FOR RETAIL & CONSUMER GOODS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL AUGMENTED INTELLIGENCE FOR HEALTHCARE & LIFE SCIENCES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL AUGMENTED INTELLIGENCE FOR MANUFACTURING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL AUGMENTED INTELLIGENCE FOR GOVERNMENT & DEFENSE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL AUGMENTED INTELLIGENCE FOR ENERGY & UTILITIES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL AUGMENTED INTELLIGENCE FOR TRANSPORTATION & LOGISTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21. GLOBAL AUGMENTED INTELLIGENCE FOR MEDIA & ENTERTAINMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
22. GLOBAL AUGMENTED INTELLIGENCE FOR OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
23. GLOBAL AUGMENTED INTELLIGENCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
24. US AUGMENTED INTELLIGENCE MARKET SIZE, 2021-2028 ($ MILLION)
25. CANADA AUGMENTED INTELLIGENCE MARKET SIZE, 2021-2028 ($ MILLION)
26. UK AUGMENTED INTELLIGENCE MARKET SIZE, 2021-2028 ($ MILLION)
27. FRANCE AUGMENTED INTELLIGENCE MARKET SIZE, 2021-2028 ($ MILLION)
28. GERMANY AUGMENTED INTELLIGENCE MARKET SIZE, 2021-2028 ($ MILLION)
29. ITALY AUGMENTED INTELLIGENCE MARKET SIZE, 2021-2028 ($ MILLION)
30. SPAIN AUGMENTED INTELLIGENCE MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF EUROPE AUGMENTED INTELLIGENCE MARKET SIZE, 2021-2028 ($ MILLION)
32. INDIA AUGMENTED INTELLIGENCE MARKET SIZE, 2021-2028 ($ MILLION)
33. CHINA AUGMENTED INTELLIGENCE MARKET SIZE, 2021-2028 ($ MILLION)
34. JAPAN AUGMENTED INTELLIGENCE MARKET SIZE, 2021-2028 ($ MILLION)
35. SOUTH KOREA AUGMENTED INTELLIGENCE MARKET SIZE, 2021-2028 ($ MILLION)
36. REST OF ASIA-PACIFIC AUGMENTED INTELLIGENCE MARKET SIZE, 2021-2028 ($ MILLION)
37. REST OF THE WORLD AUGMENTED INTELLIGENCE MARKET SIZE, 2021-2028 ($ MILLION)
