Augmented Analytics Market
The global Augmented Analytics Market size was estimated at USD 8,400 million in 2024 and is projected to reach USD 46,009.8 million in 2031 at a CAGR of 27.5 % during the forecast period 2025-2031.
Augmented analytics refers to the integration of machine learning (ML) and artificial intelligence (AI) capabilities into data analytics processes, enabling automation, data-driven insights, and more efficient decision-making. It allows users to automatically analyze data, identify patterns, and generate recommendations without requiring extensive technical knowledge. By incorporating AI-driven insights into data exploration and reporting, augmented analytics improves the overall analytics process and empowers organizations to make informed decisions faster and more accurately.
The scope of the augmented analytics market includes applications in various industries such as healthcare, retail, finance, manufacturing, and telecommunications. This technology is used to enhance data analysis, automate reporting, and improve forecasting accuracy. Additionally, it supports the growing demand for real-time analytics, enabling businesses to adapt quickly to market changes and customer needs. The market is expanding rapidly due to the increasing volume of data generated by businesses and the need for more sophisticated tools to manage and analyze that data effectively.
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Key trends in the augmented analytics market include the growing adoption of AI and machine learning technologies, the rise of self-service analytics, and the integration of natural language processing (NLP) capabilities. As more organizations seek data-driven insights, there is an increasing shift toward cloud-based solutions that offer scalability, flexibility, and cost-effectiveness. Furthermore, the demand for augmented analytics tools that support real-time decision-making and simplify the data analysis process is on the rise, with more businesses incorporating these tools into their digital transformation strategies.
Key Findings:
Software led the market, capturing a significant share of 80.5%. Augmented analytics software enables businesses to derive precise insights from data analysis, helping both new and established companies with new projects and other forms of data analysis. It allows for quicker responses to analysis-related queries without disrupting the process, facilitating smoother operations.
Services are anticipated to grow the fastest, with a projected CAGR of 29.7%. Services like training, consulting, deployment, and maintenance are crucial in helping organizations optimize their analytics workflows and ensure smooth adoption. These services create a complete ecosystem that allows businesses to fully leverage the power of augmented analytics, encouraging innovation and providing a competitive edge in the data-driven business environment.
Large enterprises dominated the market, holding 74.5% of the share, driven by increasing investments in digital solutions. These companies are using advanced analytics to enhance decision-making and automate manual processes, which in turn improves customer satisfaction.
Small and medium-sized enterprises (SMEs) are expected to experience the fastest growth, with a projected CAGR of 29.6%. In a highly competitive landscape, these businesses are focusing on customer satisfaction, and analytics tools help them gather valuable insights to shape their business strategies.
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The prominent players in the Augmented Analytics Market are
· Tate & Lyle
· Cargill, Incorporated
· Ingredion
· Roquette Frères
· ADM
· Avebe
· KMC
· BASF
· Tereos
· Emsland-Stärke Gesellschaft mit Beschränkter Haftung
· Angel Starch
· Agrana Beteiligungs-AG
· Sanstar Limited
Table of Contents
Based on Components:
· Software
· Services
Based on Enterprise Size:
· Small & Medium-sized Enterprises (SMEs)
· Large Enterprises
Based on Deployment Type:
· Cloud
· On-premise
Based on Vertical:
· Retail & E-commerce
· Healthcare
· BFSI
· IT & Telecommunication
· Manufacturing
· Government
· Energy utilities
· Others
Based on region:
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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