Augmented Analytics Market by Software, Service, Organization Size, Deployment Type, Vertical, and Region – Global Forecast to 2023 – GlobeNewswire

The global augmented analytics market is expected to grow from USD 4.8 billion in 2018 to USD 18.4 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 30.6% during the forecast period.

It is driven by various factors, including the growing adoption of advanced Business Intelligence (BI) and analytics tools to gather business insights. However, apprehensions about technologies replacing humans can hinder the market growth.

BI enables business users to access business data and perform queries to generate insights. It equips business users with easy-to-use data exploration, data preparation, appropriate analytics, and data visualization tools and techniques. Augmented analytics is the latest disruption seen in the world of BI. This technology uses ML and NLG to automate insights so that business users can quickly gather, collate, prepare, and analyze data to extract on-demand intelligence whenever they need it during their daily work.

Currently, augmented analytics automates tedious data preparation tasks, such as data cleaning, data labeling, and data collection, and serve as a great complement to existing data scientists or analysts. Augmented analytics holds the capability to revolutionize business operations, and has seen adoption in various verticals, as organizations look toward becoming data-driven and agile in nature.

Key Topics Covered:

1 Introduction

For more information about this report visit https://www.researchandmarkets.com/research/45szps/augmented?w=12

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Software

02/21/19

Share On