Dublin, July 05, 2024 (GLOBE NEWSWIRE) — The “Augmented Intelligence – Global Strategic Business Report” the report has been added to ResearchAndMarkets.com’s offer.
The global augmented intelligence market was valued at approximately US$24.9 billion in 2023 and is projected to reach US$109.3 billion by 2030, growing at a CAGR of 23.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth of the augmented intelligence market is driven by several factors, including technological innovations, increasing data availability, and rising demand for enhanced decision-making tools. Advancements in AI and machine learning technologies have significantly improved the accuracy and efficiency of augmented intelligence systems, making them more effective and reliable. The exponential growth in data generation across industries provides these systems with a rich resource to analyze and derive insights from, further enhancing their utility. Additionally, the increasing complexity of business environments and the need for quick and informed decisions are driving the adoption of augmented intelligence solutions.
Businesses are looking for ways to differentiate themselves from the competition and improve operational efficiency. Augmented intelligence is a powerful way to achieve these goals. Additionally, the focus on improving customer experience and personalizing services is driving companies to invest in technologies that can augment human capabilities. As these trends continue to evolve, the augmented intelligence market is poised for substantial growth, reshaping the way industries operate and make decisions.
Key ideas:
- Market Growth: Understand the significant growth trajectory of the augmented intelligence solutions segment, which is projected to reach $61.5 billion by 2030 at a CAGR of 21.2%. The augmented intelligence services segment is also projected to grow at a CAGR of 27.2% during the analysis period.
- Regional Analysis: Gain insights into the US market, estimated to be worth $6.8 billion by 2023, and China, which is expected to grow at an impressive CAGR of 31.7% to reach $28.7 billion by 2030. Explore growth trends in other key regions, including Japan, Canada, Germany, and Asia Pacific.
Why buy this report:
- Detailed Market Analysis: Get in-depth analysis of the global augmented intelligence market, covering all major geographies and market segments.
- Competitive Insights: Gain insight into the competitive landscape, including market presence of key players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the global augmented intelligence market.
- Actionable Insights: Gain actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in millions of US dollars from 2023 to 2030.
- In-depth regional analysis: Detailed information on key markets including the United States, China, Japan, Canada, Europe, Asia-Pacific, Latin America, the Middle East and Africa.
- Company Profiles: Coverage of major players such as Aible, Amazon Web Services, Inc., Binah AI Limited, and more.
- Free Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
Report attribute | Details |
Number of pages | 384 |
Forecast period | 2023 – 2030 |
Estimated Market Value (USD) in 2023 | $24.9 billion |
Projected Market Value (USD) by 2030 | $109.3 billion |
Compound annual growth rate | 23.6% |
Regions covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Global Market Trajectories
- Impact of COVID-19 and threat of global recession
- Augmented Intelligence – Market Share in Percentage of Major Global Competitors in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Insignificant for Global Players in 2024 (E)
MARKET TRENDS AND FACTORS
- Growing adoption of AI in business operations shines a spotlight on augmented intelligence
- Technological innovations in AI and machine learning are driving market growth
- Growing emphasis on improving human decision-making drives increased demand for augmented intelligence
- Integration with Big Data Analytics Expands Potential Market Opportunities
- Regulatory compliance and AI ethical standards strengthen the business case for augmented intelligence
- Advances in natural language processing (NLP) drive adoption of intelligent systems
- Growing use of diagnostic and treatment planning tools in the healthcare sector
- Strategic collaborations and partnerships strengthen augmented intelligence capabilities
- Growing Demand for AI-Based Personal Assistants Drives Market Growth
- The role of augmented intelligence in improving cybersecurity
- Focus on reducing operational costs drives adoption of AI solutions
- Growing use in financial services for risk management and fraud detection
- Innovations in AI-Based Predictive Analytics Drive Market Expansion
- The impact of COVID-19 on accelerating AI adoption in businesses
- Growing demand for augmented intelligence in supply chain optimization
- Advances in machine learning algorithms expand potential market opportunities
- Growing Focus on AI-Based Marketing and Sales Automation Drives Market Growth
- The impact of AI ethics and governance on the adoption of augmented intelligence
FOCUS ON CERTAIN PLAYERS (Total 36 featured):
- Able
- Amazon Web Services, Inc.
- Binah AI Limited
- causaLens
- IBM Company
- Jumio Company
- Microsoft Corporation
- Pecan nuts
- Pryon
- Qlik Technologies, Inc.
- Salesforce, Inc.
- SAP SE
- SAS Institute, Inc.
- Sisense Inc.
- Squirrel
For more information about this report, visit https://www.researchandmarkets.com/r/7dubld
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