Press Release
Press Release
Augmented intelligence, also known as cognitive augmentation or intelligence amplification (IA), involves leveraging artificial intelligence to enhance human cognitive abilities, productivity, and decision-making processes. This collaborative approach emphasises the synergy between AI systems and human capabilities to achieve better results and performance. Further, investments in high-speed internet infrastructure and increasing internet accessibility play a crucial role in the augmented intelligence market growth. As of 2021, 63% of people had access to the internet.
Fig: Individuals using the Internet (% of the population), 2021
The escalating competition across industries is driving increased adoption of advanced technologies, including augmented intelligence, to gain a competitive advantage. This trend is fueled by the integration of augmented intelligence with other technologies such as AI, data analytics, and blockchain. A significant trend in the augmented intelligence market is the growing availability of customisable solutions, which cater to diverse user needs by offering real-time insights, data extraction, parallel processing, and enhanced decision-making capabilities. These solutions empower users to make informed, data-driven decisions for optimal outcomes.
Furthermore, advancements in natural language processing (NLP) capabilities are driving the demand for augmented intelligence. NLP enables the breakdown and comprehension of human language, facilitating the understanding of vast volumes of human-generated data and aiding decision-making processes across industries.
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The major players in the augmented intelligence market are Squirro AG, Amazon Web Services, Inc., Microsoft Corporation, QlikTech International AB, SAP SE, Sisense Ltd., Oracle Corporation, Salesforce, Inc., Infor, SAS Institute Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Component |
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Breakup by Deployment Model |
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Breakup by Technology |
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Breakup by Enterprise Size |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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