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Global Augmented Analytics Market: About this marketSpeak directly to the analyst to clarify any post sales queries you may have.
The augmented analytics market analysis considers sales from software license of augmented analytics solutions. Our analysis also considers the sales of augmented analytics in APAC, Europe, MEA, North America, and South America. In 2019, the on-premises segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as customization according to the needs of enterprises will play a significant role in the on-premise segment to maintain its market position. Also, our augmented analytics market report looks at factors such as rising demand for high speed data analysis, use of augmented analytics provides actionable insights to enterprises, and popularity of SOA among end-users. However, interoperability issues with other software solutions, threat to data security, and shortage of skilled professionals and high rate of attrition may hamper the growth of the augmented analytics industry over the forecast period.
Global Augmented Analytics Market: Overview
Popularity of SOA among end-users
The rising demand for innovative product and services has created a need among end-users for IT frameworks to quicken the time-to-market of products and services. The service-oriented-architecture (SOA) model reduces the IT expenditure of end-users and allows small business to grow exponentially. Thus, the rising adoption of SOA due to cost advantage will lead to the expansion of the global augmented analytics market at a CAGR of almost 30% during the forecast period.
Rising number of product launches
The augmented analytics solutions offer a simplified approach for data analysts, business users, and citizen data scientist, as it helps them to collaborate and accelerate the discovery of insights, data exploration and ML modelling. Therefore, vendors in the market are investing in R&D to develop new products for enterprises from industries. Thus, the rising number of product launches is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global augmented analytics market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading augmented analytics manufacturers, that include International Business Machines Corp., Microsoft Corp., MicroStrategy Inc., Oracle Corp., Qlik Technologies Inc., Salesforce.com Inc., SAP SE, SAS Institute Inc., Sisense Inc., and TIBCO Software Inc.
Also, the augmented analytics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Table of Contents
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY DEPLOYMENT
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Executive Summary
The following companies as the key players in the global augmented analytics market: International Business Machines Corp., Microsoft Corp., MicroStrategy Inc., Oracle Corp., Qlik Technologies Inc., Salesforce.com Inc., SAP SE, SAS Institute Inc., Sisense Inc., and TIBCO Software Inc.Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the rising number of product launches.”
According to the report, one of the major drivers for this market is popularity of SOA among end-users
Further, the report states that one of the major factors hindering the growth of this market is the shortage of skilled professionals and high rate of attrition
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- International Business Machines Corp.
- Microsoft Corp.
- MicroStrategy Inc.
- Oracle Corp.
- Qlik Technologies Inc.
- Salesforce.com Inc.
- SAP SE
- SAS Institute Inc.
- Sisense Inc.
- TIBCO Software Inc.
