The North America Augmented Analytics in BFSI Market would witness market growth of 22.8% CAGR during the forecast period (2023-2030).
Financial organizations may automate and speed up the data analysis process, spot patterns, anomalies, and trends, and produce more precise forecasts and well-informed judgments by utilizing augmented analytics in the BFSI sector. Additionally, it equips financial professionals to find untapped potential, minimize risks, enhance customer experiences, and identify fraudulent activity. The way BFSI organizations use data to promote innovation, acquire a competitive advantage, and provide value to their clients is also being revolutionized by augmented analytics, which is of utmost importance.
As a result of the BFSI sector's daily production of enormous volumes of transactional, customer, industry, and other types of data, this data can be quite useful. To automate the data analysis process and give business users useful insights, augmented analytics in this scenario uses cutting-edge technology like machine learning, artificial intelligence, and natural language processing.
Financial institutions in Canada are divided into five primary categories by the banking system: chartered banks, trust & loan businesses, cooperative credit movements, life insurance firms, and securities dealers. According to the International Trade Administration, these organizations collectively look after over C$4.6 trillion worth of assets. The six largest domestic banks account for more than 90% of the banking industry's assets, accounting for more than 70% of the total resources of the Canadian financial services sector. Hence, the expanding BFSI sector in the region that manages numerous data propels the market's growth.
The US market dominated the North America Augmented Analytics in BFSI Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,131.8 Million by 2030. The Canada market is poised to grow at a CAGR of 25.5% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 24.4% during (2023 - 2030).
Based on Component, the market is segmented into Solution and Services. Based on Application, the market is segmented into Customer Analytics, Fraud Detection, Risk & Compliance Management, Portfolio Management, and Others. Based on Organization size, the market is segmented into Large Enterprises and SMEs. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Augmented Analytics in BFSI Market is Projected to reach USD 8.1 Billion by 2030, at a CAGR of 23.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAS Institute, Inc., IBM Corporation, Salesforce, Inc., SAP SE, Microsoft Corporation, QlikTech International AB, Alteryx, Inc., Tibco Software, Inc. (Vista Equity Partners), ThoughtSpot, Inc. and Oracle Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Application
- Customer Analytics
- Fraud Detection
- Risk & Compliance Management
- Portfolio Management
- Others
By Organization size
By Deployment Mode
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- SAS Institute, Inc.
- IBM Corporation
- Salesforce, Inc.
- SAP SE
- Microsoft Corporation
- QlikTech International AB
- Alteryx, Inc.
- Tibco Software, Inc. (Vista Equity Partners)
- ThoughtSpot, Inc.
- Oracle Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Augmented Analytics in BFSI Market, by Component
1.4.2 North America Augmented Analytics in BFSI Market, by Application
1.4.3 North America Augmented Analytics in BFSI Market, by Organization size
1.4.4 North America Augmented Analytics in BFSI Market, by Deployment Mode
1.4.5 North America Augmented Analytics in BFSI Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Mar – 2023, May) Leading Players
Chapter 4. North America Augmented Analytics in BFSI Market by Component
4.1 North America Solution Market by Country
4.2 North America Services Market by Country
Chapter 5. North America Augmented Analytics in BFSI Market by Application
5.1 North America Customer Analytics Market by Country
5.2 North America Fraud Detection Market by Country
5.3 North America Risk & Compliance Management Market by Country
5.4 North America Portfolio Management Market by Country
5.5 North America Other Application Market by Country
Chapter 6. North America Augmented Analytics in BFSI Market by Organization size
6.1 North America Large Enterprises Market by Country
6.2 North America SMEs Market by Country
Chapter 7. North America Augmented Analytics in BFSI Market by Deployment Mode
7.1 North America On-premise Market by Country
7.2 North America Cloud Market by Country
Chapter 8. North America Augmented Analytics in BFSI Market by Country
8.1 US Augmented Analytics in BFSI Market
8.1.1 US Augmented Analytics in BFSI Market by Component
8.1.2 US Augmented Analytics in BFSI Market by Application
8.1.3 US Augmented Analytics in BFSI Market by Organization size
8.1.4 US Augmented Analytics in BFSI Market by Deployment Mode
8.2 Canada Augmented Analytics in BFSI Market
8.2.1 Canada Augmented Analytics in BFSI Market by Component
8.2.2 Canada Augmented Analytics in BFSI Market by Application
8.2.3 Canada Augmented Analytics in BFSI Market by Organization size
8.2.4 Canada Augmented Analytics in BFSI Market by Deployment Mode
8.3 Mexico Augmented Analytics in BFSI Market
8.3.1 Mexico Augmented Analytics in BFSI Market by Component
8.3.2 Mexico Augmented Analytics in BFSI Market by Application
8.3.3 Mexico Augmented Analytics in BFSI Market by Organization size
8.3.4 Mexico Augmented Analytics in BFSI Market by Deployment Mode
8.4 Rest of North America Augmented Analytics in BFSI Market
8.4.1 Rest of North America Augmented Analytics in BFSI Market by Component
8.4.2 Rest of North America Augmented Analytics in BFSI Market by Application
8.4.3 Rest of North America Augmented Analytics in BFSI Market by Organization size
8.4.4 Rest of North America Augmented Analytics in BFSI Market by Deployment Mode
Chapter 9. Company Profiles
9.1 ThoughtSpot, Inc.
9.1.1 Company Overview
9.1.2 Recent strategies and developments:
9.1.2.1 Partnerships, Collaborations, and Agreements:
9.2 SAS Institute, Inc.
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Partnerships, Collaborations, and Agreements:
9.2.2.2 Acquisition and Mergers:
9.3 Salesforce, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 QlikTech International AB
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Partnerships, Collaborations, and Agreements:
9.5 Tibco Software, Inc. (Vista Equity Partners)
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Acquisition and Mergers:
9.6 IBM Corporation
9.6.1 Company Overview
9.6.3 Regional & Segmental Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Oracle Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 SWOT Analysis
9.8 SAP SE
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.6 SWOT Analysis
9.9 Microsoft Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.5.2 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. Alteryx, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.5.2 Acquisition and Mergers:
TABLE 1 North America Augmented Analytics in BFSI Market, 2019 - 2022, USD Million
TABLE 2 North America Augmented Analytics in BFSI Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Augmented Analytics in BFSI Market
TABLE 4 Product Launches And Product Expansions– Augmented Analytics in BFSI Market
TABLE 5 Acquisition and Mergers– Augmented Analytics in BFSI Market
TABLE 6 North America Augmented Analytics in BFSI Market by Component, 2019 - 2022, USD Million
TABLE 7 North America Augmented Analytics in BFSI Market by Component, 2023 - 2030, USD Million
TABLE 8 North America Solution Market by Country, 2019 - 2022, USD Million
TABLE 9 North America Solution Market by Country, 2023 - 2030, USD Million
TABLE 10 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 11 North America Services Market by Country, 2023 - 2030, USD Million
TABLE 12 North America Augmented Analytics in BFSI Market by Application, 2019 - 2022, USD Million
TABLE 13 North America Augmented Analytics in BFSI Market by Application, 2023 - 2030, USD Million
TABLE 14 North America Customer Analytics Market by Country, 2019 - 2022, USD Million
TABLE 15 North America Customer Analytics Market by Country, 2023 - 2030, USD Million
TABLE 16 North America Fraud Detection Market by Country, 2019 - 2022, USD Million
TABLE 17 North America Fraud Detection Market by Country, 2023 - 2030, USD Million
TABLE 18 North America Risk & Compliance Management Market by Country, 2019 - 2022, USD Million
TABLE 19 North America Risk & Compliance Management Market by Country, 2023 - 2030, USD Million
TABLE 20 North America Portfolio Management Market by Country, 2019 - 2022, USD Million
TABLE 21 North America Portfolio Management Market by Country, 2023 - 2030, USD Million
TABLE 22 North America Other Application Market by Country, 2019 - 2022, USD Million
TABLE 23 North America Other Application Market by Country, 2023 - 2030, USD Million
TABLE 24 North America Augmented Analytics in BFSI Market by Organization size, 2019 - 2022, USD Million
TABLE 25 North America Augmented Analytics in BFSI Market by Organization size, 2023 - 2030, USD Million
TABLE 26 North America Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 27 North America Large Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 28 North America SMEs Market by Country, 2019 - 2022, USD Million
TABLE 29 North America SMEs Market by Country, 2023 - 2030, USD Million
TABLE 30 North America Augmented Analytics in BFSI Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 31 North America Augmented Analytics in BFSI Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 32 North America On-premise Market by Country, 2019 - 2022, USD Million
TABLE 33 North America On-premise Market by Country, 2023 - 2030, USD Million
TABLE 34 North America Cloud Market by Country, 2019 - 2022, USD Million
TABLE 35 North America Cloud Market by Country, 2023 - 2030, USD Million
TABLE 36 North America Augmented Analytics in BFSI Market by Country, 2019 - 2022, USD Million
TABLE 37 North America Augmented Analytics in BFSI Market by Country, 2023 - 2030, USD Million
TABLE 38 US Augmented Analytics in BFSI Market, 2019 - 2022, USD Million
TABLE 39 US Augmented Analytics in BFSI Market, 2023 - 2030, USD Million
TABLE 40 US Augmented Analytics in BFSI Market by Component, 2019 - 2022, USD Million
TABLE 41 US Augmented Analytics in BFSI Market by Component, 2023 - 2030, USD Million
TABLE 42 US Augmented Analytics in BFSI Market by Application, 2019 - 2022, USD Million
TABLE 43 US Augmented Analytics in BFSI Market by Application, 2023 - 2030, USD Million
TABLE 44 US Augmented Analytics in BFSI Market by Organization size, 2019 - 2022, USD Million
TABLE 45 US Augmented Analytics in BFSI Market by Organization size, 2023 - 2030, USD Million
TABLE 46 US Augmented Analytics in BFSI Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 47 US Augmented Analytics in BFSI Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 48 Canada Augmented Analytics in BFSI Market, 2019 - 2022, USD Million
TABLE 49 Canada Augmented Analytics in BFSI Market, 2023 - 2030, USD Million
TABLE 50 Canada Augmented Analytics in BFSI Market by Component, 2019 - 2022, USD Million
TABLE 51 Canada Augmented Analytics in BFSI Market by Component, 2023 - 2030, USD Million
TABLE 52 Canada Augmented Analytics in BFSI Market by Application, 2019 - 2022, USD Million
TABLE 53 Canada Augmented Analytics in BFSI Market by Application, 2023 - 2030, USD Million
TABLE 54 Canada Augmented Analytics in BFSI Market by Organization size, 2019 - 2022, USD Million
TABLE 55 Canada Augmented Analytics in BFSI Market by Organization size, 2023 - 2030, USD Million
TABLE 56 Canada Augmented Analytics in BFSI Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 57 Canada Augmented Analytics in BFSI Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 58 Mexico Augmented Analytics in BFSI Market, 2019 - 2022, USD Million
TABLE 59 Mexico Augmented Analytics in BFSI Market, 2023 - 2030, USD Million
TABLE 60 Mexico Augmented Analytics in BFSI Market by Component, 2019 - 2022, USD Million
TABLE 61 Mexico Augmented Analytics in BFSI Market by Component, 2023 - 2030, USD Million
TABLE 62 Mexico Augmented Analytics in BFSI Market by Application, 2019 - 2022, USD Million
TABLE 63 Mexico Augmented Analytics in BFSI Market by Application, 2023 - 2030, USD Million
TABLE 64 Mexico Augmented Analytics in BFSI Market by Organization size, 2019 - 2022, USD Million
TABLE 65 Mexico Augmented Analytics in BFSI Market by Organization size, 2023 - 2030, USD Million
TABLE 66 Mexico Augmented Analytics in BFSI Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 67 Mexico Augmented Analytics in BFSI Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 68 Rest of North America Augmented Analytics in BFSI Market, 2019 - 2022, USD Million
TABLE 69 Rest of North America Augmented Analytics in BFSI Market, 2023 - 2030, USD Million
TABLE 70 Rest of North America Augmented Analytics in BFSI Market by Component, 2019 - 2022, USD Million
TABLE 71 Rest of North America Augmented Analytics in BFSI Market by Component, 2023 - 2030, USD Million
TABLE 72 Rest of North America Augmented Analytics in BFSI Market by Application, 2019 - 2022, USD Million
TABLE 73 Rest of North America Augmented Analytics in BFSI Market by Application, 2023 - 2030, USD Million
TABLE 74 Rest of North America Augmented Analytics in BFSI Market by Organization size, 2019 - 2022, USD Million
TABLE 75 Rest of North America Augmented Analytics in BFSI Market by Organization size, 2023 - 2030, USD Million
TABLE 76 Rest of North America Augmented Analytics in BFSI Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 77 Rest of North America Augmented Analytics in BFSI Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 78 Key Information – ThoughtSpot, Inc.
TABLE 79 Key information – SAS Institute, Inc.
TABLE 80 Key Information – Salesforce, Inc.
TABLE 81 key information – QlikTech International AB
TABLE 82 Key information – Tibco Software, Inc.
TABLE 83 Key information – IBM Corporation
TABLE 84 Key Information – Oracle Corporation
TABLE 85 Key Information – SAP SE
TABLE 86 key information – Microsoft Corporation
TABLE 87 key information – Alteryx, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 5 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2020, Mar – 2023, May) Leading Players
FIG 6 North America Augmented Analytics in BFSI Market share by Component, 2022
FIG 7 North America Augmented Analytics in BFSI Market share by Component, 2030
FIG 8 North America Augmented Analytics in BFSI Market by Component, 2019 - 2030, USD Million
FIG 9 North America Augmented Analytics in BFSI Market share by Application, 2022
FIG 10 North America Augmented Analytics in BFSI Market share by Application, 2030
FIG 11 North America Augmented Analytics in BFSI Market by Application, 2019 - 2030, USD Million
FIG 12 North America Augmented Analytics in BFSI Market share by Organization size, 2022
FIG 13 North America Augmented Analytics in BFSI Market share by Organization size, 2030
FIG 14 North America Augmented Analytics in BFSI Market by Organization size, 2019 - 2030, USD Million
FIG 15 North America Augmented Analytics in BFSI Market share by Deployment Mode, 2022
FIG 16 North America Augmented Analytics in BFSI Market share by Deployment Mode, 2030
FIG 17 North America Augmented Analytics in BFSI Market by Deployment Mode, 2019 - 2030, USD Million
FIG 18 North America Augmented Analytics in BFSI Market share by Country, 2022
FIG 19 North America Augmented Analytics in BFSI Market share by Country, 2030
FIG 20 North America Augmented Analytics in BFSI Market by Country, 2019 - 2030, USD Million
FIG 21 Recent strategies and developments: SAS Institute, Inc.
FIG 22 SWOT Analysis: Salesforce.com Inc.
FIG 23 Swot analysis: IBM Corporation
FIG 24 SWOT analysis: Oracle Corporation
FIG 25 SWOT Analysis: SAP SE
FIG 26 SWOT Analysis: Microsoft Corporation