Product ID: UCMIG45C2046
Augmented Analytics Market Size, Share, Growth Analysis, By Component(Software, Services), By Deployment(On-Premise, Cloud), By Organization Size(Small & Medium Sized Enterprises (SMEs), Large Enterprises), By Business Function(Sales & Marketing, Finance), By Industry Verticals(Retail, Healthcare & Life Sciences), By Region(North America, U.S.) - Industry Forecast 2024-2031
Report ID:
UCMIG45C2046 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Augmented Analytics Market Insights
Market Overview:
Business intelligence (BI) is enhanced by augmented analytics, which incorporates machine learning algorithms, natural language generation, and other advanced analytics functionality to automate insights. Data preparation, data discovery, and augmented data science and machine learning are all components of augmented analytics (ML). Augmented analytics uses machine learning to transform how data is created, consumed, and shared. Some of the major factors driving the growth of the global augmented analytics market are an increase in the need to democratise analytics and increase productivity, an increase in enterprise awareness to use growing streams of data from various sources in innovative ways, and to make the work of citizen data scientists and business users easier.
Augmented Analytics Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Data Processing & Outsourced Services by segment aggregation, the contribution of the Data Processing & Outsourced Services in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Augmented Analytics Market Report Snapshots
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