Rising Focus on Product Innovation by Major Market Players is Boosting the Global Augmented Analytics Market Growth

Published: Apr 2022

The global augmented analytics market is anticipated to grow at a substantial CAGR of 30.8% during the forecast period. The major factor driving the global augmented analytics market demand includes rising integration of technology elements by various organizations for managing and operating several business processes. This has led to the creation of extensive amounts of data, which contains substantial information. Storing and gaining knowledge from such data is a topic of concern for most organizations, as it is unstructured and present in large volume. Augmented analytics supports organizations to examine structured, semi-structured, and unstructured data sets available within the organizations, which is propelling the utilization and deployment of augmented analytics solutions and services. The variety and volume of data produced are expected to considerably grow in the years to come, due to the expansion of digital technologies across business functions.

Browse the full report description of “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)” at https://www.omrglobal.com/industry-reports/augmented-analytics-market

Moreover, with the advancement in analytic services, new players are expanding their market existence thereby expanding their business footprint across the emerging economies. The market is expected to move towards dissolution during the forecast period, due to the increased number of new entrants. The players are concentrating on product creation to achieve a competitive advantage. For instance, in May 2019, Qlik launched unique multi-cloud and augmented intelligence capabilities. It’s notable because it makes Qlik one of the only providers in the market capable of showing its software via broad multi-cloud deployments, all of which are available under a single subscription licensing.

Market Coverage

The market number available for – 2021-2028

Base year- 2021

Forecast period- 2022-2028

Segment Covered- 

o By Component

o By Services

o By Deployment Type

o By Verticals

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- including Domo, Inc, GoodData Corp., IBM Corp., Microsoft Corp., MICROSTRATEGY INC., Oracle, and others.

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?

How has COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Augmented Analytics Market Report Segment

By Component

  • Software
  • Services

By Services

  • Training & Consulting
  • Deployment & Integration
  • Support & Maintenance

By Deployment Type

  • On-Premises
  • Cloud Based

By Services

  • BFSI
  • Telecom & IT
  • Retail & Consumer Goods
  • Healthcare & Life sciences
  • Manufacturing
  • Governments & Defense
  • Others (Energy & Utilities, Transportation & Logistics, Media & Entertainment)

Global Augmented Analytics 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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