Augmented Intelligence Market is Expected to Register a CAGR of 25.5% During the Review Period, 2023-2030

Augmented Intelligence Market is predicted to reach USD 119.4 Billion at a CAGR of 25.5% during the forecast period:


Market Research Future (MRFR) has published a cooked research report on the “Global Augmented Intelligence Market” that contains information from 2018 to 2030. The Augmented Intelligence market is estimated to register a CAGR of 25.5% during the forecast period of 2023 to 2030.


MRFR recognizes the following companies as the key players in the global Augmented Intelligence market— Intel, Nvidia, Samsung Electronics, Xilinx, Micron Technology, IBM, Microsoft, Google, Amazon Web Services (AWS), Facebook, Baidu, Oracle, Salesforce, SAS, SAP, General Electric, Cisco, Rockwell, Siemens, AND, Mellanox Technologies, MondoBrain Inc., Sisense, Cosmo Tech, Qlik, and Quartic.ai.


Market Highlights


The global Augmented Intelligence market is accounted to register a CAGR of 25.5% during the forecast period and is estimated to reach USD 119.4 Billion by 2030.


The augmented intelligence market refers to the synergy between human intelligence and artificial intelligence, where AI enhances human capabilities by providing insights, recommendations, and automation tools. It emphasizes a collaborative approach that combines human expertise with AI's analytical power to make more informed decisions across various industries. The market's growth stems from the desire to maximize the potential of both human and machine intelligence.


Segment Analysis


The global Augmented Intelligence market has been segmented based on Application and end-users.


On the basis of Application, the market is segmented into Service segments include deployment & integration, support & maintenance.


Based on Technology, the global Augmented Intelligence market has been segmented into Healthcare system, manufacturing, automotive, agricultural, retail, human resources, finance, and others.


Regional Analysis


The global Augmented Intelligence market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Augmented Intelligence market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Augmented Intelligence market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Augmented Intelligence market comprises of Middle East, Africa, and Latin America.


The North America Augmented Intelligence Market dominated this market in 2022 Since there are many small, medium, and large firms in North America of various sizes, it is projected that throughout this projection period, North America will account for the largest proportion of global augmented intelligence market sales. The growth of the market is being influenced by a number of significant factors, including as the rising use of sustainable cloud platforms and the creation of new business models. Asia Pacific is expected to see the highest compound annual growth rate (CAGR) throughout the projection period due to its expanding industrial sector and expanding IT network.


Additionally, North America, particularly the United States, has been a significant hub for AI research, development, and adoption. Tech giants and startups alike have been investing heavily in AI technologies. The region has a well-established ecosystem of AI-focused companies, research institutions, and venture capital firms. The availability of skilled AI talent and a supportive regulatory environment has driven growth in the Augmented Intelligence market.


European countries, including the UK, Germany, France, and others, have also been actively investing in AI research and development. European governments have been promoting AI innovation through funding initiatives and policy frameworks. The European Union's General Data Protection Regulation (GDPR) has influenced how AI technologies are used and regulated, impacting the development and deployment of Augmented Intelligence solutions.


Countries like China, Japan, and South Korea have shown significant interest and investment in AI and related technologies. China, in particular, has made substantial advancements in AI research, development, and applications. The region benefits from a large population of tech-savvy consumers, creating a fertile ground for AI adoption across various sectors.


Other regions around the world are also beginning to explore and adopt AI technologies, but the pace might vary based on factors such as economic development, infrastructure, and regulatory frameworks.


Key Findings of the Study



  • The global Augmented Intelligence market is expected to reach USD 119.4 Billion by 2030, at a CAGR of 25.5% during the forecast period.

  • The North America Augmented Intelligence Market dominated this market in 2022 Since there are many small, medium, and large firms in North America of various sizes, it is projected that throughout this projection period.

  • Based on Application, Service segments include deployment & integration, support & maintenance.

  • Intel, Nvidia, Samsung Electronics, Xilinx, Micron Technology, IBM, Microsoft, Google, Amazon Web Services (AWS), Facebook, Baidu, Oracle, Salesforce, SAS, SAP, General Electric, Cisco, Rockwell, Siemens, AND, Mellanox Technologies, MondoBrain Inc., Sisense, Cosmo Tech, Qlik, and Quartic.ai.

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Companies Covered 15
Pages 110
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