Global Augmented Intelligence Market Overview 

The Global Augmented Intelligence Market size is estimated to reach $ 74.8 billion by 2026, growing at a CAGR of 36.3% over the forecast period of 2021-2026. Augmented intelligence is a pattern for a human-centered partnership paradigm. People and artificial intelligence (AI) collaborate to improve cognitive performance, such as learning, decision-making, and new experiences. Any industry that mines extensive data for patterns and predictive signs can benefit from augmented intelligence. The following are some examples: Data analytics is being used by online shops to forecast buyer preferences. Political think tanks are using big data analytics to identify indecisive voters. The global augmented intelligence market is expected to grow due to an increase in advanced technologies such as big data, blockchain, artificial intelligence, and the internet of things among businesses and an increase in the use of digital technology to meet customer expectations.

Impact of COVID-19 on Augmented Intelligence Market:

The COVID-19 epidemic has touched every industry on the planet. Due to different government, public, and other companies adopting a work-from-home culture for their workers, the augmented intelligence industry is expected to thrive in the COVID-19 circumstance. In addition, several IT and telecom businesses are implementing augmented intelligence solutions to reduce the losses incurred due to the epidemic and increase their market share. In this pandemic condition, augmented intelligence brings multiple benefits to diverse businesses, such as raising corporate governance standards and increasing employee productivity.

Key Takeaways from Global Augmented Intelligence Market Report:

• Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level – for Component, Technology, Enterprise size, and by different industry verticals. Understand the various market dynamics – key driving factors, challenges, and hidden opportunities.
• Get in-depth insights on your competitor's performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT, and more.
• Analyze the sales and distribution channels across key geographies to improve top-line revenues.
• Understand the industry supply chain with a deep dive on the value augmentation at each step to optimize value and bring efficiencies in your processes. 
• Get a quick outlook on the market entropy – M&As, deals, partnerships, product launches of all key players for the past four years. 
• Evaluate the supply-demand gaps, import-export statistics, and regulatory landscape for more than the top 20 countries globally for the market.

By technology, the market for Machine Learning is set to grow at the highest CAGR during the forecast period.

By Applications, Augmented Intelligence Market is segmented into Machine Learning, Natural Language Processing, Computer Vision, and Others. The Machine Learning segment dominated the Augmented Intelligence Market in 2020. It is also the fastest-growing, with a CAGR of 38.9% during the forecast period 2021-2026. Users can benefit from ML-based intelligence systems by making it easier to identify relevant information, trends, and patterns. However, rather than replacing humans in the future, machine learning technology will be used to complement human intellect and allow individuals to gain knowledge and generate insights far more quickly.

North America held the most significant share of the Augmented Intelligence Market in 2020, with a global market share of 39.9%. North America is a primary driver of augmented intelligence adoption in various industries, similarly banking, e-commerce and retail, IT and telecom, and others. Needing for automated machine-driven judgments is one of the key drivers behind the advent of augmented intelligence. The United States is one of the top countries regarding augmented intelligence-related patents submitted worldwide.

The Asia Pacific is the fastest-growing Augmented Intelligence Market due to the rising number of companies under Machine Learning in developing economies like China and India. 

Market Dynamics

Driver: An increase in the usage of digital technologies to meet client expectations is driving the Augmented Intelligence Market. 

Digital technologies help businesses expand faster by reaching a larger audience and establishing long-term connections with customers, which increases brand trust. Furthermore, technology assists firms in achieving a variety of goals, including providing high-quality customer service, lowering operating costs, and raising revenues, all of which contribute to market expansion. Furthermore, the increased usage of digital technology among businesses that collaborate with distributors and suppliers and specialized and sub-contractor consultants to produce various products and services presents a profitable potential for the industry.

Challenge: Less number skilled workers is restraining the market growth.

As crucial as AI is to any long-term plan, stories alleging the imminent obsolescence of particular professions should be viewed with caution. Because human consciousness is a dynamic structure developed by accumulating actual experiences in the physical world, Artificial Intelligence may never perfectly imitate human consciousness. Regardless of how far AI progresses, certain people will still have subject matter knowledge based on personal experience. Augmented Intelligence, when correctly designed, is the way ahead for teams in information management, business intelligence, and other fields.

Key Market Players

Key Players in the Global Augmented Intelligence Market consist of Alphabet Inc., Amazon.com Inc., Baidu Inc., Facebook Inc., Intel Corp., International Business Machines Corp., Microsoft Corp., Samsung Electronics Co. Ltd., SAP SE, and SAS Institute Inc., among Others.

Developments 

In 2020, Watson Advertising Social Targeting with Influential, a new tool that uses artificial intelligence (AI) to help marketers find influencers that most connect with their brand values, was introduced by IBM. Influential and Watson Advertising have expanded their relationship with the new solution, part of the Watson Advertising suite of targeted technologies.

Report Coverage and Scope

The report "Global Augmented Intelligence Market" by Research Informatic covers an in-depth detailed analysis for the following segment covered under the scope.

By Component 

• Solution
• Hardware
• Software Platform
• On-Premise
• Cloud
• Services

By Technology

• Machine Learning
• Natural Language Processing
• Computer Vision
• Others

By Enterprises

• Large Enterprises 
• SMEs

By End-users

• IT & Telecom
• Retail & E-commerce
• BFSI
• Healthcare
• Manufacturing
• Automotive
• Others

By Geography

• North America
• Europe
• APAC
• RoW

Global Augmented Intelligence Market Growth, Trend and Forecast 2020-2028

Chapter 1 Augmented Intelligence Market Overview
1.1 Product Overview and Scope of Augmented Intelligence
1.2 Augmented Intelligence Market Segmentation by Type
1.2.1 Global Production Market Share of Augmented Intelligence by Type in 2019
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
1.3 Augmented Intelligence Market Segmentation by Application
1.3.1 Augmented Intelligence Consumption Market Share by Application in 2019
1.3.2 Application 1
1.3.3 Application 2
1.3.4 Application 3
1.4 Augmented Intelligence Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Augmented Intelligence (2014-2028)

Chapter 2 Global Economic Impact on Augmented Intelligence Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Augmented Intelligence Market Competition by Manufacturers
3.1 Global Augmented Intelligence Production and Share by Manufacturers (2019 and 2019)
3.2 Global Augmented Intelligence Revenue and Share by Manufacturers (2019 and 2019)
3.3 Global Augmented Intelligence Average Price by Manufacturers (2019 and 2019)
3.4 Manufacturers Augmented Intelligence Manufacturing Base Distribution, Production Area and Product Type
3.5 Augmented Intelligence Market Competitive Situation and Trends
3.5.1 Augmented Intelligence Market Concentration Rate
3.5.2 Augmented Intelligence Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Augmented Intelligence Production, Revenue (Value) by Region (2014-2020)
4.1 Global Augmented Intelligence Production by Region (2014-2020)
4.2 Global Augmented Intelligence Production Market Share by Region (2014-2020)
4.3 Global Augmented Intelligence Revenue (Value) and Market Share by Region (2014-2020)
4.4 Global Augmented Intelligence Production, Revenue, Price and Gross Margin (2014-2020)
4.5 North America Augmented Intelligence Production, Revenue, Price and Gross Margin (2014-2020)
4.6 Europe Augmented Intelligence Production, Revenue, Price and Gross Margin (2014-2020)
4.7 China Augmented Intelligence Production, Revenue, Price and Gross Margin (2014-2020)
4.8 Japan Augmented Intelligence Production, Revenue, Price and Gross Margin (2014-2020)
4.9 Southeast Asia Augmented Intelligence Production, Revenue, Price and Gross Margin (2014-2020)
4.10 India Augmented Intelligence Production, Revenue, Price and Gross Margin (2014-2020)

Chapter 5 Global Augmented Intelligence Supply (Production), Consumption, Export, Import by Regions (2014-2020)
5.1 Global Augmented Intelligence Consumption by Regions (2014-2020)
5.2 North America Augmented Intelligence Production, Consumption, Export, Import by Regions (2014-2020)
5.3 Europe Augmented Intelligence Production, Consumption, Export, Import by Regions (2014-2020)
5.4 China Augmented Intelligence Production, Consumption, Export, Import by Regions (2014-2020)
5.5 Japan Augmented Intelligence Production, Consumption, Export, Import by Regions (2014-2020)
5.6 Southeast Asia Augmented Intelligence Production, Consumption, Export, Import by Regions (2014-2020)
5.7 India Augmented Intelligence Production, Consumption, Export, Import by Regions (2014-2020)

Chapter 6 Global Augmented Intelligence Production, Revenue (Value), Price Trend by Type
6.1 Global Augmented Intelligence Production and Market Share by Type (2014-2020)
6.2 Global Augmented Intelligence Revenue and Market Share by Type (2014-2020)
6.3 Global Augmented Intelligence Price by Type (2014-2020)
6.4 Global Augmented Intelligence Production Growth by Type (2014-2020)

Chapter 7 Global Augmented Intelligence Market Analysis by Application
7.1 Global Augmented Intelligence Consumption and Market Share by Application (2014-2020)
7.2 Global Augmented Intelligence Consumption Growth Rate by Application (2014-2020)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries

Chapter 8 Augmented Intelligence Manufacturing Cost Analysis
8.1 Augmented Intelligence Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Augmented Intelligence

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Augmented Intelligence Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Augmented Intelligence Major Manufacturers in 2019
9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change

Chapter 12 Global Augmented Intelligence Market Forecast (2020-2028)
12.1 Global Augmented Intelligence Production, Revenue Forecast (2020-2028)
12.2 Global Augmented Intelligence Production, Consumption Forecast by Regions (2020-2028)
12.3 Global Augmented Intelligence Production Forecast by Type (2020-2028)
12.4 Global Augmented Intelligence Consumption Forecast by Application (2020-2028)
12.5 Augmented Intelligence Price Forecast (2020-2028)

Chapter 13 Appendix