The North America Augmented Intelligence Market would witness market growth of 24.4% CAGR during the forecast period (2022-2028).
Augmented intelligence is a different way of thinking about AI that emphasizes AI's helpful role, emphasizing the fact that cognitive technology is meant to complement rather than replace human intelligence. When employing machine learning and deep learning algorithms to uncover relationships and solve problems, the phrase enhanced, which means "to improve," emphasizes the importance of the human intellect.
The growing adoption of AI to improve customer service, as well as the growing adoption of augmented intelligence by a large number of businesses all over various verticals to enhance workflow and productivity, will provide ample new opportunities for the augmented intelligence market to grow during the forecasted period.
The implementation of advanced technologies in industry verticals like automotive, retail, healthcare, finance, and manufacturing is being driven by the tech leader's continual research and innovation. To improve its Artificial Intelligence (AI) business, Intel Corporation purchased Cnvrg.io, an Israeli startup that creates and manages a platform for data scientists to construct and run machine learning models, in November 2020. Although technology has always been an important part of these businesses, AI has pushed technology to the forefront.
This high demand and deployment of augmented intelligence in multiple industries of USA can be attributed to government programs that stimulate the use of AI in a variety of businesses. In February 2019, for example, U.S. President Donald J. Trump announced the American AI Initiative as the country's strategy for boosting artificial intelligence leadership. As part of this endeavor, federal agencies have established criteria for AI development and real-world deployment across several industrial sectors, fostering public trust in AI-based systems.
The health-care system in Canada is at a crossroads. It now faces the immense problem of caring for an ageing and expanding population in the midst of a data revolution unprecedented in human history. This is layered on top of a system that is straining to adapt to new demands, even as technological advancements begin to exceed integration in the area of healthcare.
The US market dominated the North America Augmented Intelligence Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $17,964.5 million by 2028. The Canada market is estimated to grow at a CAGR of 27.2% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 26.1% during (2022 - 2028).
Based on Component, the market is segmented into Software and Services. Based on Technology, the market is segmented into Machine Learning, Natural Language Processing, Computer Vision and Others. Based on Deployment Model, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Vertical, the market is segmented into BFSI, Manufacturing, Government, Telecom & IT, Consumer Goods & Retail, Healthcare & Life Sciences, Energy & Utilities, Transportation & Logistics, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Augmented Intelligence Market is Estimated to reach $66.8 Billion by 2028, at a CAGR of 25%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Google LLC, Amazon Web Services, Inc., IBM Corporation, SAP SE, Sisense, Inc., Microsoft Corporation, MicroStrategy, Inc., Tibco Software, Inc., Salesforce.com, Inc., and QlikTech International AB (Thoma Bravo).
Scope of the Study
Market Segments Covered in the Report:
By Component
By Technology
- Machine Learning
- Natural Language Processing
- Computer Vision and
- Others
By Deployment Model
By Organization Size
- Large Enterprises and
- Small & Medium-sized Enterprises (SMEs)
By Vertical
- BFSI
- Manufacturing
- Government
- Telecom & IT
- Consumer Goods & Retail
- Healthcare & Life Sciences
- Energy & Utilities
- Transportation & Logistics, and
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Google LLC
- Amazon Web Services, Inc.
- IBM Corporation
- SAP SE
- Sisense, Inc.
- Microsoft Corporation
- MicroStrategy, Inc.
- Tibco Software, Inc.
- Salesforce.com, Inc.
- QlikTech International AB (Thoma Bravo)
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 Intelligence Market, by Component
1.4.2 North America Augmented Intelligence Market, by Technology
1.4.3 North America Augmented Intelligence Market, by Deployment Model
1.4.4 North America Augmented Intelligence Market, by Organization Size
1.4.5 North America Augmented Intelligence Market, by Vertical
1.4.6 North America Augmented Intelligence 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
3.1 Market Share Analysis, 2020
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.2.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2018, Mar – 2022, Mar) Leading Players
Chapter 4. North America Augmented Intelligence Market by Component
4.1 North America Software Market by Country
4.2 North America Services Market by Country
Chapter 5. North America Augmented Intelligence Market by Technology
5.1 North America Machine Learning Market by Country
5.2 North America Natural Language Processing Market by Country
5.3 North America Computer Vision Market by Country
5.4 North America Others Market by Country
Chapter 6. North America Augmented Intelligence Market by Deployment Model
6.1 North America On-premise Market by Country
6.2 North America Cloud Market by Country
Chapter 7. North America Augmented Intelligence Market by Organization Size
7.1 North America Large Enterprises Market by Country
7.2 North America Small & Medium-sized Enterprises (SMEs) Market by Country
Chapter 8. North America Augmented Intelligence Market by Vertical
8.1 North America BFSI Market by Country
8.2 North America Manufacturing Market by Country
8.3 North America Government Market by Country
8.4 North America Telecom & IT Market by Country
8.5 North America Consumer Goods & Retail Market by Country
8.6 North America Healthcare & Life Sciences Market by Country
8.7 North America Energy & Utilities Market by Country
8.8 North America Transportation & Logistics Market by Country
8.9 North America Others Market by Country
Chapter 9. North America Augmented Intelligence Market by Country
9.1 US Augmented Intelligence Market
9.1.1 US Augmented Intelligence Market by Component
9.1.2 US Augmented Intelligence Market by Technology
9.1.3 US Augmented Intelligence Market by Deployment Model
9.1.4 US Augmented Intelligence Market by Organization Size
9.1.5 US Augmented Intelligence Market by Vertical
9.2 Canada Augmented Intelligence Market
9.2.1 Canada Augmented Intelligence Market by Component
9.2.2 Canada Augmented Intelligence Market by Technology
9.2.3 Canada Augmented Intelligence Market by Deployment Model
9.2.4 Canada Augmented Intelligence Market by Organization Size
9.2.5 Canada Augmented Intelligence Market by Vertical
9.3 Mexico Augmented Intelligence Market
9.3.1 Mexico Augmented Intelligence Market by Component
9.3.2 Mexico Augmented Intelligence Market by Technology
9.3.3 Mexico Augmented Intelligence Market by Deployment Model
9.3.4 Mexico Augmented Intelligence Market by Organization Size
9.3.5 Mexico Augmented Intelligence Market by Vertical
9.4 Rest of North America Augmented Intelligence Market
9.4.1 Rest of North America Augmented Intelligence Market by Component
9.4.2 Rest of North America Augmented Intelligence Market by Technology
9.4.3 Rest of North America Augmented Intelligence Market by Deployment Model
9.4.4 Rest of North America Augmented Intelligence Market by Organization Size
9.4.5 Rest of North America Augmented Intelligence Market by Vertical
Chapter 10. Company Profiles
10.1 Google LLC
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.2 Amazon Web Services, Inc. (Amazon.com, Inc.)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental Analysis
10.2.4 Recent strategies and developments:
10.2.4.1 Partnerships, Collaborations, and Agreements:
10.2.4.2 Product Launches and Product Expansions:
10.3 IBM Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional & Segmental Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Acquisition and Mergers:
10.4 SAP SE
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.5 Sisense, Inc.
10.5.1 Company Overview
10.5.2 Recent strategies and developments:
10.5.2.1 Partnerships, Collaborations, and Agreements:
10.5.2.2 Acquisition and Mergers:
10.6 Microsoft Corporation
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Acquisition and Mergers:
10.7 MicroStrategy, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional Analysis
10.7.4 Research & Development Expenses
10.8 Tibco Software, Inc. (Vista Equity Partners)
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Acquisition and Mergers:
10.8.2.2 Product Launches and Product Expansions:
10.9 Salesforce.com, Inc. (Tableau Software)
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.9.5.2 Product Launches and Product Expansions:
10.10. QlikTech International AB (Thoma Bravo)
10.10.1 Company Overview
TABLE 1 North America Augmented Intelligence Market, 2018 - 2021, USD Million
TABLE 2 North America Augmented Intelligence Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Augmented Intelligence Market
TABLE 4 Product Launches And Product Expansions– Augmented Intelligence Market
TABLE 5 Acquisition and Mergers– Augmented Intelligence Market
TABLE 6 North America Augmented Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 7 North America Augmented Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 8 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Augmented Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 13 North America Augmented Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 14 North America Machine Learning Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Machine Learning Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Natural Language Processing Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Natural Language Processing Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Computer Vision Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Computer Vision Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Augmented Intelligence Market by Deployment Model, 2018 - 2021, USD Million
TABLE 23 North America Augmented Intelligence Market by Deployment Model, 2022 - 2028, USD Million
TABLE 24 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 25 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 28 North America Augmented Intelligence Market by Organization Size, 2018 - 2021, USD Million
TABLE 29 North America Augmented Intelligence Market by Organization Size, 2022 - 2028, USD Million
TABLE 30 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Small & Medium-sized Enterprises (SMEs) Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Small & Medium-sized Enterprises (SMEs) Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Augmented Intelligence Market by Vertical, 2018 - 2021, USD Million
TABLE 35 North America Augmented Intelligence Market by Vertical, 2022 - 2028, USD Million
TABLE 36 North America BFSI Market by Country, 2018 - 2021, USD Million
TABLE 37 North America BFSI Market by Country, 2022 - 2028, USD Million
TABLE 38 North America Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 40 North America Government Market by Country, 2018 - 2021, USD Million
TABLE 41 North America Government Market by Country, 2022 - 2028, USD Million
TABLE 42 North America Telecom & IT Market by Country, 2018 - 2021, USD Million
TABLE 43 North America Telecom & IT Market by Country, 2022 - 2028, USD Million
TABLE 44 North America Consumer Goods & Retail Market by Country, 2018 - 2021, USD Million
TABLE 45 North America Consumer Goods & Retail Market by Country, 2022 - 2028, USD Million
TABLE 46 North America Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 47 North America Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 48 North America Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 49 North America Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 50 North America Transportation & Logistics Market by Country, 2018 - 2021, USD Million
TABLE 51 North America Transportation & Logistics Market by Country, 2022 - 2028, USD Million
TABLE 52 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 53 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 54 North America Augmented Intelligence Market by Country, 2018 - 2021, USD Million
TABLE 55 North America Augmented Intelligence Market by Country, 2022 - 2028, USD Million
TABLE 56 US Augmented Intelligence Market, 2018 - 2021, USD Million
TABLE 57 US Augmented Intelligence Market, 2022 - 2028, USD Million
TABLE 58 US Augmented Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 59 US Augmented Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 60 US Augmented Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 61 US Augmented Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 62 US Augmented Intelligence Market by Deployment Model, 2018 - 2021, USD Million
TABLE 63 US Augmented Intelligence Market by Deployment Model, 2022 - 2028, USD Million
TABLE 64 US Augmented Intelligence Market by Organization Size, 2018 - 2021, USD Million
TABLE 65 US Augmented Intelligence Market by Organization Size, 2022 - 2028, USD Million
TABLE 66 US Augmented Intelligence Market by Vertical, 2018 - 2021, USD Million
TABLE 67 US Augmented Intelligence Market by Vertical, 2022 - 2028, USD Million
TABLE 68 Canada Augmented Intelligence Market, 2018 - 2021, USD Million
TABLE 69 Canada Augmented Intelligence Market, 2022 - 2028, USD Million
TABLE 70 Canada Augmented Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 71 Canada Augmented Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 72 Canada Augmented Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 73 Canada Augmented Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 74 Canada Augmented Intelligence Market by Deployment Model, 2018 - 2021, USD Million
TABLE 75 Canada Augmented Intelligence Market by Deployment Model, 2022 - 2028, USD Million
TABLE 76 Canada Augmented Intelligence Market by Organization Size, 2018 - 2021, USD Million
TABLE 77 Canada Augmented Intelligence Market by Organization Size, 2022 - 2028, USD Million
TABLE 78 Canada Augmented Intelligence Market by Vertical, 2018 - 2021, USD Million
TABLE 79 Canada Augmented Intelligence Market by Vertical, 2022 - 2028, USD Million
TABLE 80 Mexico Augmented Intelligence Market, 2018 - 2021, USD Million
TABLE 81 Mexico Augmented Intelligence Market, 2022 - 2028, USD Million
TABLE 82 Mexico Augmented Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 83 Mexico Augmented Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 84 Mexico Augmented Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 85 Mexico Augmented Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 86 Mexico Augmented Intelligence Market by Deployment Model, 2018 - 2021, USD Million
TABLE 87 Mexico Augmented Intelligence Market by Deployment Model, 2022 - 2028, USD Million
TABLE 88 Mexico Augmented Intelligence Market by Organization Size, 2018 - 2021, USD Million
TABLE 89 Mexico Augmented Intelligence Market by Organization Size, 2022 - 2028, USD Million
TABLE 90 Mexico Augmented Intelligence Market by Vertical, 2018 - 2021, USD Million
TABLE 91 Mexico Augmented Intelligence Market by Vertical, 2022 - 2028, USD Million
TABLE 92 Rest of North America Augmented Intelligence Market, 2018 - 2021, USD Million
TABLE 93 Rest of North America Augmented Intelligence Market, 2022 - 2028, USD Million
TABLE 94 Rest of North America Augmented Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 95 Rest of North America Augmented Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 96 Rest of North America Augmented Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 97 Rest of North America Augmented Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 98 Rest of North America Augmented Intelligence Market by Deployment Model, 2018 - 2021, USD Million
TABLE 99 Rest of North America Augmented Intelligence Market by Deployment Model, 2022 - 2028, USD Million
TABLE 100 Rest of North America Augmented Intelligence Market by Organization Size, 2018 - 2021, USD Million
TABLE 101 Rest of North America Augmented Intelligence Market by Organization Size, 2022 - 2028, USD Million
TABLE 102 Rest of North America Augmented Intelligence Market by Vertical, 2018 - 2021, USD Million
TABLE 103 Rest of North America Augmented Intelligence Market by Vertical, 2022 - 2028, USD Million
TABLE 104 Key Information – Google LLC
TABLE 105 Key Information – AMAZON WEB SERVICES, INC.
TABLE 106 Key information – IBM Corporation
TABLE 107 Key Information – SAP SE
TABLE 108 Key Information – Sisense, Inc.
TABLE 109 key information – Microsoft Corporation
TABLE 110 Key Information – MicroStrategy, Inc.
TABLE 111 Key information – Tibco Software, Inc.
TABLE 112 Key Information –Salesforce.com, Inc.
TABLE 113 key information – QlikTech International AB
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2020
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2018, Mar – 2022, Mar) Leading Players
FIG 6 Recent strategies and developments: Google LLC
FIG 7 Recent strategies and developments: Amazon Web Services, Inc.
FIG 8 Recent strategies and developments: IBM Corporation
FIG 9 Recent strategies and developments: Sisense, Inc.
FIG 10 Recent strategies and developments: Microsoft Corporation
FIG 11 Recent strategies and developments: TIBCO Software, Inc.
FIG 12 Recent strategies and developments: Salesforce.com, Inc.