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



during the forecast period. The augmented intelligence industry is driven by an increasing volume of complex business data, however, the growing adoption of advanced augmented intelligence and analytics tools, as well as adoption and scaling of digital initiatives.

New York, April 11, 2022 (GLOBE NEWSWIRE) — 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 for 2027” –
Augmented Intelligence (AI), also known as Intelligence Augmentation (AI), Cognitive Augmentation, Decision Support, Artificial Intelligence Augmented, and Enhanced Intelligence, is essentially a 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 working together to maximize business value by playing to each other’s strengths. In other words, the main purpose of AI is to enable humans to work more efficiently.
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 digitalization in several sectors. . These technologies are used by businesses to enhance or add more functionality to their traditional business processes while helping to improve customer relationships.

The cloud segment with the highest CAGR during the forecast period
Among the deployment types, the cloud segment is expected to grow with the highest CAGR during the forecast period. The increasing generation of data brings various challenges for many 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 maintain a higher CAGR during the forecast period
Among the organization size, large enterprises are expected to dominate the market, while the SME segment is expected to register a higher growth rate over the forecast period. The adoption of augmented intelligence and services among large enterprises is high as large enterprises use augmented intelligence. solutions for specific use cases.

They face the difficult task of effectively managing security due to the diversity of IT infrastructure, which is complex in nature.

Among the regions, Asia-Pacific will hold the highest CAGR during the forecast period
Asia-Pacific is expected to grow at a good pace over the forecast period. Asia-Pacific security spending is increasing dramatically due to the ever-expanding threat landscape.

Traditional methods are no longer suitable for advanced scanning. Therefore, augmented intelligence vendors in this region are focusing on innovations related to their product line.

China, Japan, and India have displayed many growth opportunities in the augmented intelligence market.

Distribution of primaries
In-depth interviews were conducted with CEOs, chief innovation and technology officers, system integrators, and executives from various key organizations operating in the augmented intelligence market.
• By company: Level I: 34%, Level II: 43% and Level III: 23%
• By designation: 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 offering augmented intelligence solutions and services. It features the major vendors in the global augmented intelligence market.

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

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

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

Key Benefits of Purchasing 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 to understand the competitive landscape and acquire more information to better position their business. and plan appropriate go-to-market strategies.

It also helps stakeholders understand the pulse of the market and provides them with insights on key market drivers, restraints, challenges, and opportunities.
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