Press Release

Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Augmented Analytics Market to Grow at a CAGR of 30.8% between 2021 and 2026

According to a new report by EMR titled, ‘Global Augmented Analytics Market Report and Forecast 2021-2026', the global augmented analytics market reached a value of almost USD 5.1 billion in 2020. The market is further expected to grow at a CAGR of 30.8% in the forecast period of 2021-2026 to attain USD 25.6 billion in 2026.

The global augmented analytics market is driven by the rising need for the democratization of analytics and high productivity. The augmented analytics through the aid of tools that support advanced technologies like natural language generation and machine learning has propelled the process of digital transformation in organisations. With the rise in the amount as well as the complexity of the data every year, the demand for advanced tools like augmented analytics used to derive valuable insights has also increased.

With the projected robust growth of the market, key players in the industry are expanding and diversifying their portfolio. In October 2020, Salesforce (NYSE: CRM) launched Lightning Order Management, which effortlessly connects and automatizes the complete commerce order process. This product will help incorporate commerce, customer service, and fulfilment services, enabling companies to offer an easy and convenient shopping experience for customer satisfaction. In June 2020, Oracle Corporation (NYSE: ORCL), another key player in the augmented analytics market, launched Oracle Analytics, a new, customer-based technology, which will incorporate data, applications, and analytics, and will look into the needs of analysts, business users, and IT.

Market Analysis by Components, Organization Size, Deployment Type, Vertical, and Region:

  • The components of augmented analytics are broadly divided into software and services.
  • On the basis of organisation size, the market is divided into large enterprises and small and medium-sized enterprises.
  • The market is segmented on the basis of deployment size into on-premises and cloud.
  • On the basis of vertical, the market is divided into banking, financial services, and insurance, telecom and IT, retail and consumer goods, healthcare and life sciences, manufacturing, government and defense, energy and utilities, transportation and logistics, and media and entertainment, among others.
  • The global augmented analytics industry has its markets in North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of The Report:

  • The global augmented analytics market is driven by the growing incorporation of artificial intelligence systems and machine learning into analytics systems.
  • The increasing amount of complex business data, coupled with the increasing implementation of analytics tools and advanced business intelligence, is aiding the growth of the market.
  • The market is being propelled by the rise in the need to make the work easier for business users and citizen data scientists. 
  • The growing need for accelerated productivity of business processes is providing further impetus for market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global augmented analytics market for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the components, organization size, deployment type, vertical, and regional markets of augmented analytics., Inc., SAP Analytics Cloud, Microsoft Corporation, Oracle Corporation, Tableau Software, and MicroStrategy Incorporated, among others, are key players in the global augmented analytics market as identified by EMR. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports