×

Augmented Analytics Market Size, Share, Trends, Growth Outlook

Augmented Analytics Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Component ( Software, Services) By Services( Training and Consulting, Deployment and Integration, Support, and Maintenance) By Organization Size( Large enterprises, Small and Medium-sized Enterprises (SMEs)) By Deployment Type( On-Premises, Cloud) By Industry( Banking, Financial Services, and Insurance (BFSI), Telecom and IT, Retail and Consumer Goods, Healthcare and Life sciences, Manufacturing, Governments and Defense, Energy and Utilities, Transportation and Logistics, Media and Entertainment, and Others) Companies Report

The Global Augmented Analytics Market Size is estimated to be US 20.1 Billion in 2023 and is poised to register 26.9% growth over the forecast period from 2023 to 2030 to reach US $ 106.5 billion in 2030.

 

The market growth is driven by the increasing volume and complexity of data generated by businesses that require advanced analytics tools to derive meaningful insights. Augmented analytics helps organizations make sense of this data. Leading companies that are focused on Wider Adoption Across Industries, AI-powered automation, Integration with IoT Data, Explainable AI (XAI), Enhanced Data Governance, AI-driven data Exploration, and others to boost market shares in the industry.

 

 

Market Overview

The Augmented Analytics market, as of my last knowledge update in September 2021, was witnessing robust growth with increasing adoption across various industries. Key players included IBM, Microsoft, SAP, Tableau (now part of Salesforce), and others, offering solutions for business intelligence, predictive analytics, natural language processing, and data preparation. Notable trends included the democratization of data analytics, integration with AI and machine learning, cloud adoption, and a focus on data governance and compliance. The market's dynamic nature necessitates staying current with the latest industry developments for a precise overview.

 

Market Dynamics

Market Trends - The benefits of using AI and ML for analytics

AI and ML in augmented analytics offer automation, advanced insights, predictive capabilities, and natural language processing, making data analysis more efficient and accessible. They provide personalized, real-time, and prescriptive insights, improve resource allocation, reduce costs, enhance data security, and enable organizations to gain a competitive edge by responding quickly to market changes. AI and ML also adapt to evolving data patterns, handle complex data types, and play a crucial role in improving data quality, significantly reducing time-to-insight, and supporting efficient decision-making.

 

Market Driver- Natural Language Processing (NLP) Demand Augmented Analytics Market

The demand for Natural Language Processing (NLP) in the Augmented Analytics Market is rising due to its ability to enhance user accessibility and efficiency in data analysis. NLP enables conversational interactions with data, speeding up insight retrieval, promoting personalized recommendations, and supporting data exploration. It bridges communication gaps between technical and non-technical teams, offers real-time insights, and facilitates integration with various data sources. NLP is a key enabler of data-driven decision-making and compliance in organizations, driving its increasing adoption in augmented analytics.

 

Market Opportunity-Introduction of Self-Service Analytics

Self-Service Analytics is a vital component of the Augmented Analytics Market, allowing users to independently analyze data without IT expertise. It democratizes data analysis, offering user-friendly interfaces and natural language queries for faster, autonomous insights. This approach fosters data-driven decision-making, accelerates processes, and enhances business agility across industries.

 

Market Share Analysis- Services Augmented Analytics Market will register the fastest growth

The Global Augmented Analytics Market is analyzed across Software, Services, and others. Services is poised to register the fastest growth.

 

Market Share Analysis- Training and Consulting held a significant market share in 2023

The Global Augmented Analytics Market is analyzed across various Services including Training and Consulting, Deployment and Integration, Support and Maintenance, and others. Of these, Training and Consulting held a significant market share in 2023. Training and consulting services are vital in the Augmented Analytics Market, offering education and expertise. Training programs equip users and analysts with the necessary skills to use augmented analytics tools effectively, while consulting services guide organizations in selecting, implementing, and optimizing these tools to meet their specific business needs. Together, they ensure the successful adoption of augmented analytics, empowering organizations to derive valuable insights and make data-driven decisions, ultimately enhancing competitiveness and operational efficiency.

 

Augmented Analytics Market Segmentation

By Component

  • Software
  • Services

By Services

  • Training and Consulting
  • Deployment and Integration
  • Support and Maintenance

By Organization Size

  • Large enterprises
  • Small and Medium-sized Enterprises (SMEs)

By Deployment Type

  • On-Premises
  • Cloud

By Industry

  • Banking, Financial Services, and Insurance (BFSI)
  • Telecom and IT
  • Retail and Consumer Goods
  • Healthcare and Life sciences
  • Manufacturing
  • Governments and Defense
  • Energy and Utilities
  • Transportation and Logistics
  • Media and Entertainment
  • Others

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Augmented Analytics Market Companies

  • Microsoft (United States)
  • Oracle (United States)
  • SAP (Germany)
  • IBM (United States)
  • Salesforce (United States)
  • SAS (United States)
  • Tableau (United States)
  • MicroStrategy (United States)
  • Qlik (United States)
  • Domo (United States)
  • TIBCO Software (United States)
  • Information Builders (United States)
  • ThoughtSpot (United States)
  • Sisense (United States)
  • Yellowfin (Australia)

 

*List not exhaustive

 

Augmented Analytics Market Outlook 2023

1 Market Overview

1.1 Introduction to the Augmented Analytics Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Augmented Analytics Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Augmented Analytics Market Companies with Area Served

4.2.2 Products Offerings Global Augmented Analytics Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 Post-COVID-19 Scenario- Low Growth Case

5.1.3 Post-COVID-19 Scenario- Reference Growth Case

5.1.4 Post-COVID-19 Scenario- Low Growth Case

 

6 Global Augmented Analytics Market Trends

6.1 Global Augmented Analytics Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Augmented Analytics Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Augmented Analytics Revenue (USD Million) and CAGR (%) by Regions (2018-2030)

 

7 Global Augmented Analytics Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Augmented Analytics Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Augmented Analytics Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Augmented Analytics Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Augmented Analytics Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Augmented Analytics Development Regional Status and Outlook

8.1 Global Augmented Analytics Revenue (USD Million) By Regions (2018-2022)

8.2 North America Augmented Analytics Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Augmented Analytics Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Augmented Analytics Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Augmented Analytics Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Augmented Analytics Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Augmented Analytics Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Augmented Analytics Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Augmented Analytics Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Augmented Analytics Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Augmented Analytics Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Augmented Analytics Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Augmented Analytics Revenue (USD Million) by Applications (2018-2022)

8.5 South America Augmented Analytics Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Augmented Analytics Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Augmented Analytics Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Augmented Analytics Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Augmented Analytics Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Augmented Analytics Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Augmented Analytics Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Augmented Analytics Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Augmented Analytics Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Augmented Analytics Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Augmented Analytics Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Augmented Analytics Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Augmented Analytics Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Augmented Analytics Development Regional Status and Outlook Forecast

11.1 Global Augmented Analytics Revenue (USD Million) By Regions (2023-2030)

11.2 North America Augmented Analytics Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Augmented Analytics Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Augmented Analytics Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Augmented Analytics Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Augmented Analytics Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Augmented Analytics Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Augmented Analytics Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Augmented Analytics Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Augmented Analytics Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Augmented Analytics Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Augmented Analytics Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Augmented Analytics Revenue (USD Million), by Applications (2023-2030)

11.5 South America Augmented Analytics Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Augmented Analytics Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Augmented Analytics Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Augmented Analytics Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Augmented Analytics Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Augmented Analytics Revenue (USD Million), by Region (2023-2030)

11.6.2 Middle East and Africa Augmented Analytics Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Augmented Analytics Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Augmented Analytics Market Companies with Areas Served

Table 3 Products Offerings Global Augmented Analytics Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Augmented Analytics Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Augmented Analytics Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Augmented Analytics Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Augmented Analytics Revenue (USD Million) By Type (2018-2022)

Table 11 Global Augmented Analytics Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Augmented Analytics Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Augmented Analytics Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Augmented Analytics Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Augmented Analytics Market Share (%) By Regions (2018-2022)

Table 16 North America Augmented Analytics Revenue (USD Million) By Country (2018-2022)

Table 17 North America Augmented Analytics Revenue (USD Million) By Type (2018-2022)

Table 18 North America Augmented Analytics Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Augmented Analytics Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Augmented Analytics Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Augmented Analytics Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Augmented Analytics Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Augmented Analytics Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Augmented Analytics Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Augmented Analytics Revenue (USD Million) By Country (2018-2022)

Table 26 South America Augmented Analytics Revenue (USD Million) By Type (2018-2022)

Table 27 South America Augmented Analytics Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Augmented Analytics Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Augmented Analytics Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Augmented Analytics Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Augmented Analytics Revenue (USD Million) By Type (2023-2030)

Table 33 Global Augmented Analytics Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Augmented Analytics Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Augmented Analytics Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Augmented Analytics Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Augmented Analytics Revenue (USD)By Country (2023-2030)

Table 38 North America Augmented Analytics Revenue (USD Million) By Type (2023-2030)

Table 39 North America Augmented Analytics Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Augmented Analytics Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Augmented Analytics Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Augmented Analytics Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Augmented Analytics Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Augmented Analytics Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Augmented Analytics Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Augmented Analytics Revenue (USD Million) By Country (2023-2030)

Table 47 South America Augmented Analytics Revenue (USD Million) By Type (2023-2030)

Table 48 South America Augmented Analytics Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Augmented Analytics Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Augmented Analytics Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Augmented Analytics Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Augmented Analytics Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Augmented Analytics Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Augmented Analytics Revenue Market Share (%) By Type (2022)

Figure 5 Global Augmented Analytics Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Augmented Analytics Revenue Market Share (%) By Applications (2022)

Figure 7 Global Augmented Analytics Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Augmented Analytics Market Share (%) By Regions (2022)

Figure 9 North America Augmented Analytics Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Augmented Analytics Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Augmented Analytics Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Augmented Analytics Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Augmented Analytics Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Augmented Analytics Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Augmented Analytics Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Augmented Analytics Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Augmented Analytics Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Augmented Analytics Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Augmented Analytics Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Augmented Analytics Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Augmented Analytics Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Augmented Analytics Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Augmented Analytics Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Augmented Analytics Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Augmented Analytics Revenue Market Share (%) By Type (2030)

Figure 26 Global Augmented Analytics Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Augmented Analytics Revenue Market Share (%) By Applications (2030)

Figure 28 Global Augmented Analytics Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Augmented Analytics Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Augmented Analytics Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Augmented Analytics Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Augmented Analytics Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Augmented Analytics Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Augmented Analytics Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Augmented Analytics Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Augmented Analytics Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Augmented Analytics Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Augmented Analytics Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Augmented Analytics Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Augmented Analytics Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Augmented Analytics Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Augmented Analytics Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Augmented Analytics Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Augmented Analytics Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches For This Report

Figure 46 Data Triangulation

 

Augmented Analytics Market Segmentation

By Component

  • Software
  • Services

By Services

  • Training and Consulting
  • Deployment and Integration
  • Support and Maintenance

By Organization Size

  • Large enterprises
  • Small and Medium-sized Enterprises (SMEs)

By Deployment Type

  • On-Premises
  • Cloud

By Industry

  • Banking, Financial Services, and Insurance (BFSI)
  • Telecom and IT
  • Retail and Consumer Goods
  • Healthcare and Life sciences
  • Manufacturing
  • Governments and Defense
  • Energy and Utilities
  • Transportation and Logistics
  • Media and Entertainment
  • Others

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)