Global Augmented Analytics Market is expected to grow at a CAGR of 27.97% by the end of 2025 | Latest Study

28/giu/2019 17:16:46 Report Ocean Contatta l'autore

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The global augmented analytics market is expected to grow from USD 4,263.85 million 2017 to USD 23,965.84 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 27.97%.

“Automates insights using machine learning and natural-language generation
is one of the factors largely attributing to the growth of augmented analytics market globally”

The factors attributing to the growth of the market are automated insights using machine learning and natural-language generation, increasing volume of complex business data to derive insights, growing adoption of analytics and advanced business intelligence tools, and democratize data analytics for less business-savvy users and increase productivity. However, some factors such as and limited skilled workforce may hinder the market growth. The global augmented analytics market is expected to showcase the opportunities such as increasing investment in bots, adoption of advanced analytics in the developing regions, and investment opportunity due to the presence of small as well as large vendors. In the near future, the market may face possible challenges in the growth due to and data quality and safety concern. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global augmented analytics market.”Software: The highest growing component for the global augmented analytics market”

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On the basis of component, the global augmented analytics market is studied across Services and Software. Among all these component, the Software is projected to hold the largest market share while the Services has the potential to grow the market with the highest CAGR in the forecast period.”Banking, Financial Services & Insurance: The highest growing industry for the global augmented analytics market”

On the basis of industry, the global augmented analytics market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality. Among all these industries, the Banking, Financial Services & Insurance has captured the maximum market share while Automotive & Transportation has the opportunity to emerge with the highest CAGR.”On-Premises: The highest growing deployment for the global augmented analytics market”

On the basis of deployment, the global augmented analytics market is studied across On-Cloud and On-Premises. Among all these deployments, the On-Premises has captured the maximum market share while the On-Cloud has the opportunity to emerge with the highest CAGR.”Americas: The highest growing geography for the global augmented analytics market”

On the basis of geography, the global augmented analytics market is studied across the Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geographies, the Asia-Pacific is showing the maximum growth in the near future with the highest CAGR while the Americas is dominating the market with the highest market size.

“Domo: The potential growing player for the global augmented analytics market”

The key players profiled in the global augmented analytics market are Domo, IBM, Information Builders, Microsoft, Microstrategy, Oracle, Qlik, SAP, SAS, Salesforce, Sisense, Tableau Software, Thoughtspot, Tibco Software, and Yellowfin.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global augmented analytics market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global augmented analytics market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global augmented analytics market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global augmented analytics market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global augmented analytics market.

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