North America Augmented Analytics in BFSI Market Size, Share & Industry Trends Analysis Report

North America Augmented Analytics in BFSI Market Size, Share & Industry Trends Analysis Report By Component (Solution and Services), By Application, By Organization size (Large Enterprises and SMEs), By Deployment Mode, By Country and Growth Forecast, 2023 - 2030


The North America Augmented Analytics in BFSI Market would witness market growth of 22.8% CAGR during the forecast period (2023-2030).

Financial organizations may automate and speed up the data analysis process, spot patterns, anomalies, and trends, and produce more precise forecasts and well-informed judgments by utilizing augmented analytics in the BFSI sector. Additionally, it equips financial professionals to find untapped potential, minimize risks, enhance customer experiences, and identify fraudulent activity. The way BFSI organizations use data to promote innovation, acquire a competitive advantage, and provide value to their clients is also being revolutionized by augmented analytics, which is of utmost importance.

As a result of the BFSI sector's daily production of enormous volumes of transactional, customer, industry, and other types of data, this data can be quite useful. To automate the data analysis process and give business users useful insights, augmented analytics in this scenario uses cutting-edge technology like machine learning, artificial intelligence, and natural language processing.

Financial institutions in Canada are divided into five primary categories by the banking system: chartered banks, trust & loan businesses, cooperative credit movements, life insurance firms, and securities dealers. According to the International Trade Administration, these organizations collectively look after over C$4.6 trillion worth of assets. The six largest domestic banks account for more than 90% of the banking industry's assets, accounting for more than 70% of the total resources of the Canadian financial services sector. Hence, the expanding BFSI sector in the region that manages numerous data propels the market's growth.

The US market dominated the North America Augmented Analytics in BFSI Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,131.8 Million by 2030. The Canada market is poised to grow at a CAGR of 25.5% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 24.4% during (2023 - 2030).

Based on Component, the market is segmented into Solution and Services. Based on Application, the market is segmented into Customer Analytics, Fraud Detection, Risk & Compliance Management, Portfolio Management, and Others. Based on Organization size, the market is segmented into Large Enterprises and SMEs. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAS Institute, Inc., IBM Corporation, Salesforce, Inc., SAP SE, Microsoft Corporation, QlikTech International AB, Alteryx, Inc., Tibco Software, Inc. (Vista Equity Partners), ThoughtSpot, Inc. and Oracle Corporation.

Scope of the Study

Market Segments covered in the Report:

By Component
  • Solution
  • Services
By Application
  • Customer Analytics
  • Fraud Detection
  • Risk & Compliance Management
  • Portfolio Management
  • Others
By Organization size
  • Large Enterprises
  • SMEs
By Deployment Mode
  • On-premise
  • Cloud
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • SAS Institute, Inc.
  • IBM Corporation
  • Salesforce, Inc.
  • SAP SE
  • Microsoft Corporation
  • QlikTech International AB
  • Alteryx, Inc.
  • Tibco Software, Inc. (Vista Equity Partners)
  • ThoughtSpot, Inc.
  • Oracle Corporation
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Augmented Analytics in BFSI Market, by Component
1.4.2 North America Augmented Analytics in BFSI Market, by Application
1.4.3 North America Augmented Analytics in BFSI Market, by Organization size
1.4.4 North America Augmented Analytics in BFSI Market, by Deployment Mode
1.4.5 North America Augmented Analytics in BFSI Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Mar – 2023, May) Leading Players
Chapter 4. North America Augmented Analytics in BFSI Market by Component
4.1 North America Solution Market by Country
4.2 North America Services Market by Country
Chapter 5. North America Augmented Analytics in BFSI Market by Application
5.1 North America Customer Analytics Market by Country
5.2 North America Fraud Detection Market by Country
5.3 North America Risk & Compliance Management Market by Country
5.4 North America Portfolio Management Market by Country
5.5 North America Other Application Market by Country
Chapter 6. North America Augmented Analytics in BFSI Market by Organization size
6.1 North America Large Enterprises Market by Country
6.2 North America SMEs Market by Country
Chapter 7. North America Augmented Analytics in BFSI Market by Deployment Mode
7.1 North America On-premise Market by Country
7.2 North America Cloud Market by Country
Chapter 8. North America Augmented Analytics in BFSI Market by Country
8.1 US Augmented Analytics in BFSI Market
8.1.1 US Augmented Analytics in BFSI Market by Component
8.1.2 US Augmented Analytics in BFSI Market by Application
8.1.3 US Augmented Analytics in BFSI Market by Organization size
8.1.4 US Augmented Analytics in BFSI Market by Deployment Mode
8.2 Canada Augmented Analytics in BFSI Market
8.2.1 Canada Augmented Analytics in BFSI Market by Component
8.2.2 Canada Augmented Analytics in BFSI Market by Application
8.2.3 Canada Augmented Analytics in BFSI Market by Organization size
8.2.4 Canada Augmented Analytics in BFSI Market by Deployment Mode
8.3 Mexico Augmented Analytics in BFSI Market
8.3.1 Mexico Augmented Analytics in BFSI Market by Component
8.3.2 Mexico Augmented Analytics in BFSI Market by Application
8.3.3 Mexico Augmented Analytics in BFSI Market by Organization size
8.3.4 Mexico Augmented Analytics in BFSI Market by Deployment Mode
8.4 Rest of North America Augmented Analytics in BFSI Market
8.4.1 Rest of North America Augmented Analytics in BFSI Market by Component
8.4.2 Rest of North America Augmented Analytics in BFSI Market by Application
8.4.3 Rest of North America Augmented Analytics in BFSI Market by Organization size
8.4.4 Rest of North America Augmented Analytics in BFSI Market by Deployment Mode
Chapter 9. Company Profiles
9.1 ThoughtSpot, Inc.
9.1.1 Company Overview
9.1.2 Recent strategies and developments:
9.1.2.1 Partnerships, Collaborations, and Agreements:
9.2 SAS Institute, Inc.
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Partnerships, Collaborations, and Agreements:
9.2.2.2 Acquisition and Mergers:
9.3 Salesforce, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 QlikTech International AB
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Partnerships, Collaborations, and Agreements:
9.5 Tibco Software, Inc. (Vista Equity Partners)
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Acquisition and Mergers:
9.6 IBM Corporation
9.6.1 Company Overview
9.6.3 Regional & Segmental Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Oracle Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 SWOT Analysis
9.8 SAP SE
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.6 SWOT Analysis
9.9 Microsoft Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.5.2 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. Alteryx, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.5.2 Acquisition and Mergers:

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