Augmented Analytics Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Augmented Analytic Market
The augmented analytic market size was valued at USD 8.95 billion in 2023, and the market is now projected to grow from USD 11.66 billion in 2024 to USD 91.46 billion by 2032, exhibiting a CAGR of 29.4% during the forecast period of 2024-2032.
Digital transformation is using market boom across industries, with 67% imposing digital merchandise in 2021. Growing competition is propelling the adoption of superior virtual solutions and analytics. These gear enable agencies to derive precious insights, make knowledgeable selections, and advantage an aggressive side. Consequently, using advanced analytics is accelerating the boom of the augmented analytics marketplace.
No-code and low-code automation answers are driving marketplace growth by using enabling groups to expand applications thru smooth drag-and-drop interfaces. These technologies allow corporations to leverage digital tools without needing considerable technical education for employees. No-code solutions offer brief and scalable skills, empowering organizations to innovate and reply hastily to market demands. This ease of use and versatility is fostering substantial adoption across various industries.
Comprehensive Analysis of AugmentedAnalytic Market
The augmented analytic market growth is rising at an exponential rate due to its market segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by enterprise type analysis, by end-user analysis. By enterprise type analysis include, small and medium enterprises and large enterprises. By end-user analysis include, BFSI, IT & telecom, government, retail, healthcare, manufacturing, transport & logistics, and others.
The North America region lead the augmented analytic market share by benefitting a market size of USD 3.03 billion in 2023 due to the rise in digital adoption and growing competition in the region.
The top players in the market play an important role in the industry assuring market expansion and setting market level. These players include QlikTech International AB, Salesforce Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, TIBCO Software Inc., SAP SE, SAS Institute Inc., MicroStrategy Inc., Tableau Software, LLC., these market players provide a level-playing competitive landscape.
In June 2023, California-based GoodData partnered with AI issuer Arria to enhance its customer analytics tools with self-provider herbal language insights, decreasing guide work.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 29.4% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Enterprise Type
Large Enterprises
Small and Medium Enterprises
By End-user
BFSI
IT & Telecom
Government
Retail
Healthcare
Manufacturing
Transport & Logistics
Others (Energy & Utility)
By Region
North America (By Enterprise Type, By End-user, and By Country)
- U.S. (By End-user)
- Canada (By End-user)
- Mexico (By End-user)
South America (By Enterprise Type, By End-user, and By Country)
- Brazil (By End-user)
- Argentina (By End-user)
- Rest of South America
Europe (By Enterprise Type, By End-user, and By Country)
- U.K. (By End-user)
- Germany (By End-user)
- France (By End-user)
- Italy (By End-user)
- Spain (By End-user)
- Russia (By End-user)
- Benelux (By End-user)
- Nordics (By End-user)
- Rest of Europe
Middle East & Africa (By Enterprise Type, By End-user, and By Country)
- Turkey (By End-user)
- Israel (By End-user)
- GCC (By End-user)
- North Africa (By End-user)
- South Africa (By End-user)
- Rest of MEA
Asia Pacific (By Enterprise Type, By End-user, and By Country)
- China (By End-user)
- Japan (By End-user)
- India (By End-user)
- South Korea (By End-user)
- ASEAN (By End-user)
- Oceania (By End-user)
- Rest of Asia Pacific
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