Dublin, July 05, 2024 (GLOBE NEWSWIRE) — The “Augmented Intelligence – Global Strategic Business Report” report has ResearchAndMarkets.com Recruitment.
The global augmented intelligence market is estimated at USD 24.9 billion in 2023 and is projected to reach USD 109.3 billion by 2030, growing at a CAGR of 23.6% from 2023 to 2030. This comprehensive report provides a detailed analysis of market trends, drivers, and forecasts to help 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 surge in data generation across industries has provided abundant resources for these systems to analyze and derive insights, making them even more useful. Additionally, the growing complexity of the business environment and the need for quick, informed decisions are driving the adoption of augmented intelligence solutions.
Organizations are looking for ways to gain competitive advantage and improve operational efficiency, and augmented intelligence offers a powerful means to achieve these goals. Additionally, the focus on improving customer experience and personalizing services is driving businesses to invest in technologies that can augment human capabilities. As these trends continue to evolve, the augmented intelligence market is poised to experience significant growth and reshape the way industries operate and make decisions.
Key insights:
- Market Growth: Understand the significant growth trajectory of the augmented intelligence solutions segment, which is expected to reach USD 61.5 billion by 2030, at a CAGR of 21.2%. The augmented intelligence services segment is also anticipated to grow at a CAGR of 27.2% during the analysis period.
- Regional Analysis: Gain insights into the US market, estimated to reach $6.8 billion in 2023, and the Chinese market, projected to grow at a staggering CAGR of 31.7% to reach $28.7 billion by 2030. Discover growth trends across other key regions including Japan, Canada, Germany, and Asia Pacific.
Reasons to buy this report:
- In-depth Market Analysis: Access an exhaustive analysis of the global Augmented Intelligence market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape including the market presence of key players across various regions.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the global Augmented Intelligence market.
- Actionable Insights: Leverage actionable insights that help you identify new revenue opportunities and make strategic business decisions.
Report highlights:
- Comprehensive market data: Independent analysis of annual revenue and market forecasts (in USD millions) from 2023 to 2030.
- Detailed regional analysis: In-depth analysis of key markets including the United States, China, Japan, Canada, Europe, Asia Pacific, Latin America, Middle East and Africa.
- Company Profiles: Features key companies such as Aible, Amazon Web Services, Inc., and Binah AI Limited.
- Free Updates: Receive free report updates for one year to stay up to date with the latest market trends.
Key attributes:
Report Attributes | detail |
number of pages | 384 |
Forecast Period | 2023 – 2030 |
Estimated market value in 2023 (USD) | $24.9 billion |
Market value forecast to 2030 (USD) | $109.3 billion |
Compound Annual Growth Rate | 23.6% |
Target area | global |
Market Overview
- Influencer Market Insights
- Global Market Trajectory
- The impact of COVID-19 and the looming global recession
- Augmented Intelligence – Market Share of Key Global Competitors in 2024 (E)
- Competitive Market Presence for Global Players in 2024 – Strong/Active/Niche/Trivial Market (E)
Market Trends and Drivers
- Increased adoption of AI in business operations brings focus to augmented intelligence
- AI and machine learning innovations drive market growth
- Increasing focus on enhancing human decision-making will drive demand for augmented intelligence
- Integration with big data analytics expands addressable market opportunities
- Regulatory Compliance and Ethical AI Standards Strengthen the Business Case for Augmented Intelligence
- Advances in Natural Language Processing (NLP) Drive Adoption of Intelligent Systems
- Increasing use in healthcare for diagnosis and treatment planning
- Strategic collaborations and partnerships power augmented intelligence capabilities
- Increasing demand for AI-enabled personal assistants will drive market growth
- The role of augmented intelligence in strengthening cybersecurity
- Focus on reducing operational costs will drive adoption of AI solutions
- Increasing use in financial services for risk management and fraud detection
- AI-driven predictive analytics innovation drives market expansion
- How COVID-19 is accelerating AI adoption in the enterprise
- Increasing Demand for Augmented Intelligence in Supply Chain Optimization
- Advances in machine learning algorithms expand addressable market opportunities
- Increased focus on AI-driven marketing and sales automation is driving market growth
- How AI ethics and governance impact the adoption of augmented intelligence
Focus on the selected players (36 listings in total):
- Able
- Amazon Web Services, Inc.
- Binah AI Limited
- Cause Lens
- IBM Corporation
- Jumio Inc.
- Microsoft
- Pecan
- Prions
- Qlik Technologies
- Salesforce Japan
- SAP SE
- SAS Institute Inc.
- Sisense Co., Ltd.
- Squillo
For more information on this report, please visit: https://www.researchandmarkets.com/r/7dubld
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Global Augmented Intelligence Market