The Global Augmented Analytics Market size was valued at USD 4.99 billion in 2018 and expected to reach USD 35.35 billion in 2025 with an astounding CAGR of 32.3% during the forecast period 2019 to 2025.
Dallas, TX -- (SBWIRE) -- 02/03/2020 -- The research report on 'global augmented analytics market' offers a complete analysis of market trends, growth aspects, market segmentation, value & volumes, and a detailed study of market segmentation. The global augmented analysis market size is anticipated to reach US$ 4.99 billion to US$ 35.35 billion at a CAGR of 32.3% over the forecast period. The increasing data which is originated from several business challenges is one of the major factors driving the global augmented analytics market growth.
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The global augmented analytics market segmentation is done with the factors such as deployment, end-user, component, application, analytics type, and region. By component, this market is divided into cloud and on-premise segments. By organizational size, the global augmented analytics market is fragmented into large enterprises and SME's. Based on application, the global augmented analytics market is segregated into healthcare, telecom & IT, life sciences, BFSI, government, manufacturing, retail, transportation, and others.
The global augmented analytics market is very fragmented as many leading vendors operating with their new strategic innovations. Some of the top players of this market are the SAP, IBM, Salesforce, Microsoft, SAS, Tibco Software, Oracle, and many others.
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As augmented analytics is gaining fresh grounds each day, notable industry forerunners are contemplating novel solutions and services to further enhance their product portfolio. With surged preferences for cloud based services, market players are increasingly investing in cloud based solutions. In this light, leading IT giant SAP SE in its recently released press release affirmed significant alterations in its SAP analytics cloud solutions comprising augmented analytics, business intelligence, enterprise work structures and machine learning for improved business outcome. Developments as such are poised to incur multilayer growth in global augmented analytics market in forthcoming years.
Based on the geography, the global augmented analytics market is fragmented into North America, Asia-Pacific, Europe, and LAMEA. Amid these, the North American market is likely to dominate for the highest global augmented analytics market share over the prediction period, due to the factors such as growing adoption of advanced analytics solutions like ML, NLP, and smart solutions.
The augmented analytics solutions have various End-user Industry Vertical areas across the industries. The major industries include BFSI, Telecom & IT, Retail & Consumer Goods, Manufacturing, Healthcare & Pharmaceuticals, Government & Defense, Travel & Transportation, and Energy & Utility. In the year 2018, BFSI and Retail & Consumer Goods segment contributed around 28.2% market share in the augmented analytics market.
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Key segments of the global Augmented Analytics market
Component Overview, 2015-2025 (USD Billion)
Software & Solutions
Services
Deployment Mode Overview, 2015-2025 (USD Billion)
Cloud
On-premise
End-user Organization Size Overview, 2015-2025 (USD Billion)
SMEs
Large Enterprises
End User Industry Vertical Overview, 2015-2025 (USD Billion)
BFSI
Telecom & IT
Retail & Consumer Goods
Manufacturing
Healthcare & Pharmaceuticals
Government & Defense
Travel & Transportation
Energy & Utility
Media & Entertainment
Others
Regional Overview, 2015-2025 (USD Billion)
North America
US
Canada
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Middle East and Africa
Some Points from Table of Content:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Augmented Analytics Overview, By Component
Chapter 5. Augmented Analytics Overview, By Deployment Mode
Chapter 6. Augmented Analytics Overview, By End-user organization Size
Chapter 7. Augmented Analytics Overview, By End-user Industry Vertical
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