Augmented Analytics Market Size, Share, Report, Analysis, Trends & Forecast to 2026

Mar 7, 2019

According to Stratistics MRC, the Global Augmented Analytics Market is accounted for $4.12 billion in 2017 and is expected to reach $52.41 billion by 2026 growing at a CAGR of 32.7%.

Gaithersburg, Maryland, United States - March 7, 2019 /MarketersMedia/ —

Factors such as an increase in the advancements of cloud-based technologies rise in need to democratize the analytics and increase productivity are driving the market growth. However, the security concerns related to critical data among different end users are hampering the growth of the market. Moreover, high adoptions of augmented analytics solutions among small and medium-sized enterprises are considered as the growth opportunity for the market.

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Augmented analytics automates the data insights by utilizing machine learning and natural language generation for automating data preparation, data discovery, and insight sharing. It embeds artificial intelligence in business intelligence tools to make the analytics work easier for citizen data scientists and other business users. It helps expert data scientists in focusing on specialized problems, provide most relevant actionable insights to decision makers, and reduce the time spent on exploring data.

Based on the deployment mode, cloud segment has a lucrative market share during the forecast period. As the cloud-based augmented analytics solutions provide flexibility to organizations for adjusting to the dynamic business environment. Scalability and cost-effectiveness are the major advantages of adopting cloud-based augmented analytics solutions. By geography, North America region is driven by owing to the early adoption and innovative initiatives for advanced analytics solutions and practices, such as Natural Language Processing (NLP), ML, and smart data preparation and discovery.

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Some of the key players in Augmented Analytics market include Tibco Software, Thoughtspot, Tableau Software, Sap, Salesforce, Information Builders, Microstrategy, Qlik, SAS, Microsoft, IBM, Oracle, Domo, Sisense, and Yellowfin.

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Deployment Modes Covered:
Cloud
On-Premise
Hybrid

Organization Sizes Covered:
Small and Medium Sized Enterprises
Large Enterprises

Business Functions Covered:
Finance
Information Technology
Operations
Sales & Marketing
Other Business Functions

Components Covered:
Services
Software

End Users Covered:
Government & Defense
IT & Telecommunication
Banking, Financial Services, and Insurance
Health Care & Life Sciences
Manufacturing
Media and Entertainment
Energy and Utilities
Transportation and Logistics
Retail & Consumer Goods

Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
South America
o Argentina
o Brazil
o Chile
o Rest of South America
Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com

Source URL: https://marketersmedia.com/augmented-analytics-market-size-share-report-analysis-trends-forecast-to-2026/489766

Source: MarketersMedia

Release ID: 489766

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