Global Augmented Intelligence Market, By Offering (Hardware, Software, Services), Technology (Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision, Others), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), End User (IT and Telecom, BFSI, Healthcare, Manufacturing, Automotive, Agriculture, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Augmented Intelligence Market
Augmented intelligence market size is valued at USD 100,437.4 million by 2028 and is expected to grow at a compound annual growth rate of 34.60% in the forecast period of 2021 to 2028. Data Bridge Market Research report on augmented intelligence provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Augmented intelligence strengthens the role human intelligence plays when using machine learning and deep learning algorithms to discern relationships and solve problems. It is an unconventional conceptualization of artificial intelligence that focuses on AI's assistive role, underlining the fact that cognitive technology is designed to improve human intelligence rather than replace it.
The increase in adoption of cloud-based applications and services have been directly influencing the growth of augmented intelligence market over the forecast period of 2021 to 2028. Also the high adoption of augmented intelligence tools by various industries or sectors to compel productivity, improved efficiency and to save organizational money and workers time are also flourishing the growth of the augmented intelligence market. Also the increasing utilization of big data is also positively impacting the growth of the market. Furthermore, the rapid surge in the demand of augmented intelligence applications in various organizations to improve capabilities of human workers to perform various tasks is also acting as an active growth driver towards the growth of the augmented intelligence market. Moreover, the growing use of machine learning technologies in augmented intelligence is creating a huge demand for augmented intelligence as well as lifting the growth of the augmented intelligence market.
However, the limited number of AI experts is acting as the major restrictions for the growth of augmented intelligence in the above mentioned forecasted period, whereas the high cost related with data structure, augmented intelligence and integrity can challenge the augmented intelligence market growth in the forecast period of 2021 to 2028.
Likewise, the high adoption Of AI to improve customer service and high adoption of augmented intelligence by a large number of enterprises across different verticals to improve workflow and productivity will further cater ample new opportunities that will lead to the growth of the augmented intelligence market in the above mentioned forecasted period.
This augmented intelligence market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on augmented intelligence market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Augmented Intelligence Market Scope and Market Size
Augmented intelligence market is segmented on the basis of offering, technology, organization size and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- The offering segment of the augmented intelligence market is segmented into hardware, software and services. Hardware has further been segmented into processors, memory and network. Software has further been segmented into AI platforms and AI solutions. Services have further been segmented into deployment and integration and support and maintenance.
- On the basis of technology, the augmented intelligence market is segmented into machine learning, natural language processing, context-aware computing, computer vision and others.
- Augmented intelligence market is segmented on the basis of organization size into small and medium-sized enterprises and large enterprises.
- On the basis of end user, the augmented intelligence market is segmented into IT and telecom, BFSI, healthcare, manufacturing, automotive, agriculture and others.
Augmented Intelligence Market Country Level Analysis
Augmented intelligence market is analyzed and market size, volume information is provided by country, offering, technology, organization size and end user as referenced above.
The countries covered in the augmented intelligence market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
North America leads the augmented intelligence market due to the strong presence of several small, medium, and large enterprises in the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the high development of IT infrastructure and the manufacturing sector within this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Augmented Intelligence Market Share Analysis
Augmented intelligence market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to augmented intelligence market.
The major players covered in the augmented intelligence market report are Intel Corporation, NVIDIA Corporation, SAMSUNG, Xilinx, Micron Technology, Inc., IBM, Microsoft, Google, Amazon Web Services, Inc., Facebook, Oracle, SalesForce, SAS Institute Inc., SAP SE, GENERAL ELECTRIC, Cisco Systems, Inc., Rockwell Automation, Inc., Siemens, MondoBrain Inc., and Sisense Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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