The size of the augmented intelligence market is forecast to grow from $17.9 billion in 2022 to $54.7 billion in 2027, at a compound annual growth rate (CAGR) of 25.1%.

The size of the augmented intelligence market is forecast to grow from .9 billion in 2022 to .7 billion in 2027, at a compound annual growth rate (CAGR) of 25.1%.
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during the forecast period. The augmented intelligence industry is driven by an ever-increasing volume of complex business data, yet the adoption of advanced analytics and augmented intelligence tools, and the adoption and scale of digital initiatives is increasing.

New York, April 11, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Augmented Intelligence Market with COVID-19 Impact Analysis by Component, Technology, Organization Size, Deployment Mode, Vertical and region – Global Forecast to 2027” – https://www.reportlinker.com/p06267686/?utm_source=GNW
Augmented intelligence (AI), also known as intelligence augmentation (AI), cognitive augmentation, decision support, machine augmented intelligence, and enhanced intelligence, is essentially artificial intelligence with a twist. While artificial intelligence is the creation of machines to work and react like humans, augmented intelligence is the use of those same machines in a different way: to augment the human worker.

Augmented intelligence involves humans and machines collaborating to maximize business value by leveraging their respective strengths. In other words, the main goal of AI is to enable humans to work more efficiently and effectively.
The evolution of digital technologies, such as cloud computing, big data and analytics, mobility/social media, blockchain, artificial intelligence (AI), Internet of Things (IoT), robotics, and cybersecurity, has created the need for digitization in various industries. . Businesses use these technologies to enhance or add more functionality to their traditional business processes, while helping improve customer relationships.

The cloud segment that will have the highest CAGR during the forecast period
Among the deployment type, the cloud segment is estimated to grow with the highest CAGR during the forecast period. The increasing generation of data creates several challenges for various organizations.

These challenges include storage, privacy, and affordability. Most of the augmented intelligence market demands cloud-based solutions as they are cost-effective and easily scalable.

The SME segment will have a higher CAGR during the forecast period
Among the organization size, large companies are anticipated to dominate the market, while the SME segment is anticipated to post a higher growth rate during the forecast period. The adoption of augmented intelligence and services among large companies is high as large companies use augmented intelligence solutions for specific use cases.

They are faced with the challenging task of managing security effectively due to the diverse nature of IT infrastructure, which is complex in nature.

Among regions, Asia Pacific will have the highest CAGR during the forecast period
Asia Pacific is expected to grow at a good pace during the forecast period. Security spending in Asia Pacific is increasing significantly due to the ever-growing threat landscape.

Traditional methods are no longer suitable for advanced digitization. Therefore, augmented intelligence providers in this region focus on innovations related to their product line.

China, Japan and India have shown ample growth opportunities in the Augmented Intelligence market.

Primaries Breakdown
In-depth interviews were conducted with chief executive officers (CEOs), chief innovation and technology officers, system integrators, and executives from several key organizations operating in the Augmented Intelligence market.
• By company: Tier I: 34%, Tier II: 43% and Tier III: 23%
• By appointment: C-level executives: 50%, D-level executives: 30%, and managers: 20%
• By region: Asia Pacific: 30%, Europe: 30%, North America: 25%, Middle East and Africa: 10%, Latin America: 5%
The report includes the study of key players that offer Augmented Intelligence solutions and services. Describes the major vendors in the global Augmented Intelligence market.

Major vendors in the global Augmented Intelligence market include AWS (US), Microsoft (US), Salesforce (US), SAP (Germany), IBM (US), SAS ( US), CognitiveScale (US), QlikTech International AB (US), TIBCO (US), Google (US), MicroStrategy (US), Sisense (US). USA), NEORIS (USA), Dataiku (USA), Cosmo Tech (France), Jumio (USA), Lucidworks (USA), Squirro AG (USA) , DataRobot (US), Tellius (US), EazyML (US), Stradigi AI (US), Aible (US), Pecan.ai (Israel), CausaLens (US), BioXplor (US), Pryon (US), Augmented Intelligence (US), Bondi Labs (Australia), and binah.ai (US).

Research coverage
The market study covers the Augmented Intelligence Market across all segments. It aims to estimate the market size and growth potential of this market in different segments such as components, deployment mode, organization size, application, vertical, and region.

It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key benefits of buying the report
The report would provide market leaders/new entrants in this market with information on the closest approximations of revenue figures for the overall Augmented Intelligence market and its sub-segments. It would help stakeholders understand the competitive landscape and gain more information to better position their business. and plan appropriate marketing strategies.

It also helps stakeholders understand the pulse of the market and provides them with insights into the major market drivers, restraints, challenges, and opportunities.
Read the full report: https://www.reportlinker.com/p06267686/?utm_source=GNW

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