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According to a new report, published by KBV research, The Global Augmented Analytics Market size is expected to reach $70.2 billion by 2030, rising at a market growth of 22.3% CAGR during the forecast period.
The Large Enterprises segment is leading the Global Augmented Analytics Market, By Enterprise Type in 2022, thereby, achieving a market value of $42,386.8 million by 2030. Large enterprises often deal with vast and complex data environments. They have extensive databases, diverse data sources, and massive data volumes. Augmented analytics tools are well-suited to handle this complexity by automating data integration and analysis, making it easier for large organizations to derive meaningful insights from their data. Large enterprises typically have more resources and budgets at their disposal compared to smaller businesses.
The IT & Telecom segment is leading a CAGR of 21.2% during (2023 – 2030). IT and telecom companies deal with vast amounts of data, ranging from network performance metrics to customer usage data. Augmented analytics simplifies data management by automating data collection, cleansing, and integration. This streamlines data processing and makes it easier to extract actionable insights. In the telecom sector, network maintenance is critical for ensuring uninterrupted service.
The North America region dominated the Global Augmented Analytics Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $25,569.3 million by 2030. The Asia Pacific region is registering a CAGR of 23.1% during (2023 - 2030). Additionally, The Europe region would showcase a CAGR of 22.1% during (2023 - 2030).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of QlikTech International AB, Salesforce Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, TIBCO Software Inc., SAP SE, SAS Institute Inc., MicroStrategy, Inc. and Alteryx, Inc.
By Enterprise Type
By End User
By Geography
Companies Profiled
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