The augmented intelligence market is forecasted to grow by USD 61.3 bn during 2023-2028, accelerating at a CAGR of 33.1% during the forecast period. The report on the augmented intelligence market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in adoption of augmented intelligence by enterprises to gain best outcome, governments and financial institutions investing in iot ecosystem development, and increase in use of digital technology to fulfill the customers' expectation.
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
24.9%
CAGR
33.1%
Incremental Value
$61.3 bn
Technavio's augmented intelligence market is segmented as below:
By Technology
Machine learning
NLP
Computer vision
Others
By Geographical Landscape
North America
Europe
APAC
South America
Middle East and Africa
This study identifies the implementation of augmenting analytics in business intelligence tools as one of the prime reasons driving the augmented intelligence market growth during the next few years. Also, increasing number of strategic partnerships and acquisitions and increasing research and development expenditures by major companies to embrace augmented intelligence solutions will lead to sizable demand in the market.
The report on the augmented intelligence market covers the following areas:
Augmented Intelligence Market sizing
Augmented Intelligence Market forecast
Augmented Intelligence Market industry analysis
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 intelligence market vendors that include Alibaba Cloud, Alphabet Inc., Amazon.com Inc., Baidu Inc., Cisco Systems Inc., Meta Platforms Inc., General Vision Inc., Graphcore Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., iFLYTEK Co. Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., NVIDIA Corp., Oracle Corp., Salesforce Inc., Samsung Electronics Co. Ltd., SAP SE, SAS Institute Inc., and Siemens AG. Also, the augmented intelligence market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Technology
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ billion)
Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Augmented Intelligence Market 2018 - 2022
Historic Market Size - Data Table on Global Augmented Intelligence Market 2018 - 2022 ($ billion)