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US Augmented Analytics Market Research Report: By Deployment Mode (Cloud, On-Premises, Hybrid), By Component (Software, Services, Platforms), By End User (BFSI, Healthcare, Retail, Manufacturing, IT, Telecommunications) and By Function (Data Discovery, Data Preparation, Data Visualization, Data Integration) - Forecast to 2035


ID: MRFR/ICT/13891-HCR | 100 Pages | Author: Garvit Vyas| December 2023

US Augmented Analytics Market Overview:


As per MRFR analysis, the US Augmented Analytics Market Size was estimated at 1.51 (USD Billion) in 2023. The US Augmented Analytics Market Industry is expected to grow from 1.85(USD Billion) in 2024 to 12.68 (USD Billion) by 2035. The US Augmented Analytics Market CAGR (growth rate) is expected to be around 19.123% during the forecast period (2025 - 2035).


Key US Augmented Analytics Market Trends Highlighted


The US Augmented Analytics Market is witnessing significant growth driven by the increasing demand for data-driven insights across various sectors, including healthcare, finance, and retail. Companies are increasingly adopting advanced analytics tools to enhance decision-making and operational efficiency. The growing emphasis on data democratization is also a key market driver, as organizations strive to empower employees at all levels to access and analyze data without extensive technical training. Furthermore, the rise of artificial intelligence and machine learning technologies is transforming how organizations process and interpret large datasets, thereby improving predictive capabilities.


Opportunities within the US market include the integration of augmented analytics with emerging technologies such as the Internet of Things (IoT) and cloud computing. These technologies provide a platform for enhanced data connectivity, enabling real-time analytics. Additionally, the focus on cybersecurity solutions is also a growing area, as organizations look to safeguard their data amid increasing threats. The trend of remote work has also catalyzed the need for robust analytics tools that can support decentralized teams in different geographic locations. Recently, there has been a trend toward creating more intuitive user interfaces and improving user experience in augmented analytics tools.


This shift aims to cater to a broader audience by making analytics accessible not only to data scientists but also to business users. Organizations in the US are increasingly investing in self-service analytics, which allows users to generate insights on demand, reducing reliance on IT departments. As the analytics landscape continues to evolve, maintaining data governance and compliance with regulations, such as those set forth by the Federal Trade Commission, is becoming essential for leveraging augmented analytics effectively.


US Augmented Analytics Market size



Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Augmented Analytics Market Drivers


Increasing Adoption of Artificial Intelligence and Machine Learning


The rise of Artificial Intelligence (AI) and Machine Learning (ML) technologies is significantly driving the US Augmented Analytics Market Industry. These technologies enable organizations to automate complex data analysis, enhancing the efficiency and accuracy of data-driven decision-making. According to the U.S. Bureau of Labor Statistics, employment in the AI and ML sectors is projected to grow by 22% from 2020 to 2030, indicating a robust demand for skilled professionals in these areas.


As companies like IBM and Microsoft continue to invest heavily in AI capabilities, they enhance their analytics offerings, thereby influencing the overall growth of the market. This trend signifies that data transparency and accessibility will expand, fostering further development in the US Augmented Analytics Market Industry. The ability of these technologies to analyze vast amounts of data in real-time is expected to address the increasing complexity of data consumers are facing today, creating a pivotal shift in how analytics will be leveraged in various sectors across the US.


Growing Need for Real-Time Data Insights


The necessity for real-time data insights is a key driver for the growth of the US Augmented Analytics Market Industry. Businesses are increasingly realizing the importance of immediate access to data trends for enhanced operational efficiency and competitive advantage. A survey conducted by the Federal Reserve indicated that over 75% of US businesses that leverage analytics report improved performance. This growth in demand is prompting organizations to adopt advanced analytics tools that facilitate real-time data analysis, thus impacting their strategic business decisions positively. Leading firms, like Salesforce and Tableau, are adapting to this trend by offering solutions that integrate real-time analytics, driving further expansion within the market.


Rising Demand for Business Intelligence Tools


The surge in demand for sophisticated Business Intelligence (BI) tools directly contributes to the growth of the US Augmented Analytics Market Industry. As organizations shift towards data-driven strategies, the need for comprehensive BI solutions has grown. According to the US Census Bureau, approximately 60% of enterprises in various sectors are actively investing in BI tools to enhance their data analytics capabilities. Notable companies such as Qlik and Sisense are innovating their BI offerings to provide users with augmented analytics features, promoting better data interpretation and visualization. As businesses in the US continue to prioritize data analytics for decision-making, the market for augmented analytics is anticipated to expand further.


Advancements in Cloud Computing Technologies


Advancements in Cloud Computing Technologies are significantly impacting the US Augmented Analytics Market Industry. The transition of businesses to cloud-based solutions fosters greater scalability, flexibility, and accessibility of analytics tools. According to the Cloud Industry Forum, around 85% of US businesses are currently utilizing some form of cloud services, which enables them to harness the full potential of augmented analytics. Major players like Amazon Web Services (AWS) and Google Cloud are at the forefront of this transformation, providing powerful cloud environments that support advanced analytical capabilities.This move towards cloud-based analytics not only accelerates data processing but also promotes collaboration and cost efficiency, thereby driving the augmented analytics market's growth in the US.


US Augmented Analytics Market Segment Insights:


Augmented Analytics Market Deployment Mode Insights


The US Augmented Analytics Market, focusing on the Deployment Mode segment, is experiencing rapid growth due to the increasing demand for data-driven decision-making in various industries. The market encompasses diverse deployment methods, primarily Cloud, On-Premises, and Hybrid configurations, each playing a significant role in shaping the landscape of analytics solutions within the region. The Cloud deployment mode is gaining significant traction owing to its flexibility, scalability, and cost-effectiveness, allowing organizations to integrate advanced analytics capabilities seamlessly into their operations.


This method also facilitates easier access to real-time data analytics, thus enhancing the overall decision-making process. Conversely, On-Premises deployment offers organizations greater control over their data security and compliance, which is particularly essential for industries with stringent regulatory requirements. This deployment model allows companies to tailor their analytics solutions according to their specific operational needs, ensuring that sensitive data remains securely managed within their corporate infrastructure. The Hybrid model is also becoming increasingly popular, combining the benefits of both Cloud and On-Premises deployments.


This approach provides organizations with the flexibility to manage varying workloads and data sensitivity levels effectively, allowing them to leverage the cloud for less sensitive data while maintaining more critical operations on-premises. The US Augmented Analytics Market segmentation by Deployment Mode showcases a dynamic shift in how organizations are leveraging analytics technologies to gain a competitive edge. Factors such as the widespread digital transformation, advancements in machine learning and artificial intelligence, and the growing need for faster and more accurate data insights are propelling the adoption of these diverse deployment models.However, organizations also face challenges such as data privacy concerns and the complexities associated with integrating new technologies into existing systems. The ongoing transformation of the analytics landscape highlights abundant opportunities for innovation, particularly in enhancing deployment models that cater to the diverse needs of US businesses. As organizations continue to prioritize data-driven strategies, the Deployment Mode segment will play a crucial role in shaping the future of the US Augmented Analytics Market, ensuring that firms can harness actionable insights to navigate their operational challenges effectively.


US Augmented Analytics Market segment



Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Augmented Analytics Market Component Insights


The Component segment of the US Augmented Analytics Market encompasses critical elements such as Software, Services, and Platforms, each playing a pivotal role in advancing data-driven decision-making. The importance of Software in this segment is underscored by its capability to enhance data visualization and predictive analytics, thereby enabling organizations to derive actionable insights. Services, on the other hand, include consulting and implementation assistance, which are essential for organizations seeking to seamlessly integrate augmented analytics into their existing processes.


Platforms serve as the backbone, providing users with access to a suite of tools that facilitate data integration, analysis, and collaboration among various stakeholders. With the growing emphasis on data democratization and self-service analytics, these components enable a more agile approach to data handling in businesses. Moreover, as organizations in the US continue to prioritize digital transformation, the demand for these components is expected to rise, fostering a robust environment for innovations in the augmented analytics space. The supportive regulatory climate and investment in technology infrastructure further bolster the significance of the Components in the market, positioning them as indispensable in driving overall market growth.


Augmented Analytics Market End User Insights


The US Augmented Analytics Market has diversified into various sectors, where the End User segment plays a crucial role in driving adoption and innovation. Key industries such as Banking, Financial Services, and Insurance (BFSI) utilize augmented analytics to streamline operations and enhance decision-making, predominantly responding to ever-evolving regulatory requirements and customer demands. In Healthcare, the technology aids in analyzing patient data to improve outcomes and operational efficiency, capitalizing on the industry's push towards data-driven solutions.


Retail has seen heightened adoption to optimize supply chains and personalize customer experiences in an increasingly competitive landscape. The Manufacturing sector leverages augmented analytics for predictive maintenance and quality assurance, enhancing productivity through automation and data insights. Information Technology (IT) serves as the backbone of augmented analytics deployment, ensuring robust infrastructure and cybersecurity measures are in place. Telecommunications companies also use these tools to analyze network performance and customer usage patterns, thus enhancing service delivery and customer satisfaction.As firms across these sectors recognize the importance of data-driven decision-making, the US Augmented Analytics Market is expected to witness significant advancements and opportunities for growth.


Augmented Analytics Market Function Insights


The US Augmented Analytics Market, focusing on the Function segment, is characterized by a robust framework that includes key components like Data Discovery, Data Preparation, Data Visualization, and Data Integration. Data Discovery facilitates the identification of patterns and insights from complex datasets, which is vital for making informed decisions. Likewise, Data Preparation plays a critical role by enabling users to cleanse and organize data for accurate analysis, improving the overall quality of insights derived. Data Visualization enhances the communicative aspect of analytics by transforming data into visual formats, making it easier for stakeholders to grasp trends and anomalies quickly.


Meanwhile, Data Integration is essential for combining data from various sources, ensuring a cohesive picture of the organization’s data landscape. Collectively, these functions contribute significantly to the US Augmented Analytics Market, leveraging advanced technologies to empower businesses in leveraging their data effectively. The growing demand for data-driven insights across industries highlights the importance of these functional areas to enhance operational efficiency and drive strategic decision-making. This trend is bolstered by an increasing emphasis on real-time analytics, which further elevates the significance of seamless data flow and comprehensive visualization in the market.


US Augmented Analytics Market Key Players and Competitive Insights:


The US Augmented Analytics Market has become a dynamic and rapidly evolving sector characterized by fierce competition and a diverse array of offerings designed to enhance data analysis and visualization. Companies in this space are focusing on leveraging advanced technologies such as artificial intelligence, machine learning, and natural language processing to provide deeper insights, streamline decision-making, and empower non-technical users to interact with data more intuitively. As the demand for advanced data analytics increases across various industries, organizations are striving to differentiate their products by offering enhanced functionalities, user-friendly interfaces, and customizable solutions that cater to specific business needs. This competitive landscape is marked by continual innovation, strategic partnerships, and significant investments aimed at capturing market share and responding to evolving customer preferences.SAP holds a significant position within the US Augmented Analytics Market, showcasing its robust capabilities in delivering integrated analytics solutions that empower organizations to glean actionable insights from their data. The strength of SAP lies in its comprehensive suite of applications that seamlessly integrate with existing enterprise resource planning systems, enabling businesses to leverage their data assets effectively. SAP’s cloud-based offerings allow for greater scalability and flexibility, attracting a wide range of customers from small to large enterprises. Additionally, the company has invested heavily in improving user experience through intuitive design and interactive dashboards, making data analytics accessible to a broader audience. SAP’s long-standing reputation in the enterprise software sector further solidifies its market presence, as businesses trust its solutions to enhance reporting and analytics processes, thereby creating a strong competitive edge in the US augmented analytics landscape.


Palantir Technologies is another key player making waves in the US Augmented Analytics Market, known for its strong focus on big data analytics and providing sophisticated data integration capabilities. The company’s flagship products, such as Palantir Foundry and Palantir Gotham, are designed to assist organizations in making sense of large and complex datasets. Palantir Technologies excels in offering tailored solutions for government and commercial sectors, and its analytics platforms are built to support advanced data modeling, visualization, and collaboration. The company has a strategic approach to partnerships and collaborations, which enhances its market presence and enables it to rapidly adapt to evolving customer needs. Palantir Technologies has also been involved in several key mergers and acquisitions, expanding its technological capabilities and strengthening its market position in the US. The ability to transform data into actionable intelligence through powerful analytics solutions establishes Palantir Technologies as a formidable competitor in the US augmented analytics space.


Key Companies in the US Augmented Analytics Market Include:



  • SAP

  • Palantir Technologies

  • Zoho

  • SAS

  • Oracle

  • MicroStrategy

  • Domo

  • Qlik

  • IBM

  • Tableau

  • Microsoft

  • ThoughtSpot

  • TIBCO Software

  • Sisense


US Augmented Analytics Market Industry Developments


The US Augmented Analytics Market has witnessed significant developments recently, with notable advancements from major companies like SAP, Oracle, and Microsoft. In September 2023, SAP announced enhancements to its Business Technology Platform, allowing businesses to leverage augmented analytics more effectively through integrated machine learning capabilities. Microsoft has also been actively expanding its Azure-based analytics solutions, supporting enterprises in automating data insights. In terms of mergers and acquisitions, in July 2023, Palantir Technologies completed a strategic acquisition of a data integration firm to enhance its data analytics offerings. Similarly, Qlik announced in June 2023 the acquisition of a business intelligence company to bolster its augmented analytics capabilities. The market's growth is also reflected in the increasing valuation of firms like IBM and Tableau, as demand for data-driven decision-making continues to surge across industries. The US government has recognized the importance of data analytics in improving public sector efficiencies, leading to increased investments in technology infrastructure. Over the last two years, companies have been rapidly adapting to the growing need for real-time analytics, which has been significantly amplified due to the shifting business landscape driven by the pandemic.


US Augmented Analytics Market Segmentation Insights


Augmented Analytics Market Deployment Mode Outlook



  • Cloud

  • On-Premises

  • Hybrid


Augmented Analytics Market Component Outlook



  • Software

  • Services

  • Platforms


Augmented Analytics Market End User Outlook



  • BFSI

  • Healthcare

  • Retail

  • Manufacturing

  • IT

  • Telecommunications


Augmented Analytics Market Function Outlook



  • Data Discovery

  • Data Preparation

  • Data Visualization

  • Data Integration

Report Scope:
Report Attribute/Metric Source: Details
MARKET SIZE 2018 1.51(USD Billion)
MARKET SIZE 2024 1.85(USD Billion)
MARKET SIZE 2035 12.68(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 19.123% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Billion
KEY COMPANIES PROFILED SAP, Palantir Technologies, Zoho, SAS, Oracle, MicroStrategy, Domo, Qlik, IBM, Tableau, Microsoft, ThoughtSpot, TIBCO Software, Sisense
SEGMENTS COVERED Deployment Mode, Component, End User, Function
KEY MARKET OPPORTUNITIES Increased demand for data-driven decisions, Integration with AI and machine learning, Rising importance of self-service analytics, Enhanced data visualization tools, Growth in cloud-based analytics solutions
KEY MARKET DYNAMICS increasing data volume, rising AI adoption, growing demand for self-service analytics, enhanced data visualization tools, regulatory compliance pressures
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

The US Augmented Analytics Market is expected to be valued at 1.85 USD Billion in 2024.

By 2035, the US Augmented Analytics Market is projected to reach a value of 12.68 USD Billion.

The market is anticipated to grow at a CAGR of 19.123% from 2025 to 2035.

The Cloud deployment mode is expected to hold the largest share, valued at 0.7 USD Billion in 2024.

The On-Premises deployment mode is projected to reach a value of 2.8 USD Billion by 2035.

Major players include SAP, Palantir Technologies, Zoho, SAS, and Oracle among others.

The Hybrid deployment mode is expected to be valued at 4.88 USD Billion by 2035.

The Cloud deployment mode is expected to show significant growth, reaching 5.0 USD Billion by 2035.

Key applications include business intelligence, data visualization, and predictive analytics.

Major challenges include data privacy concerns and the integration of disparate data sources.

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