Augmented Intelligence Market size was valued at USD 13.73 billion in 2022, and is projected to reach USD 121.57 billion by 2032 at a CAGR of 32.5% from 2022 to 2032.
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Company Profiles:
• Amazon Web Services
• IBM Corporation
• Intel Corporation
• Microsoft Corporation
• Oracle Corporation
• Salesforce.com, Inc.
• SAP SE
• SAS Institute Inc.
• Siemens AG
• Splunk Inc.
• TIBCO Software Inc.
• UiPath Inc.
• Verint Systems Inc.
• Wipro Limited
• WorkFusion Inc.
By Component
• Solution
• Hardware
• On-Premise
• Cloud
• Machine Learning
• Natural Language Processing
• Computer Vision
• Others
Geography:
As of 2021, North America dominates the Augmented Intelligence market, followed by Europe and Asia-Pacific. The dominance of North America can be attributed to the presence of a large number of technology companies and the early adoption of advanced technologies such as artificial intelligence, machine learning, and natural language processing. In addition, the region has a well-established IT infrastructure and favorable government initiatives promoting digital transformation. Europe is also a significant market for Augmented Intelligence, driven by the increasing adoption of digital technologies in industries such as healthcare, manufacturing, and finance. The European Union’s focus on research and development in artificial intelligence, as well as the development of regulations and guidelines for ethical AI, is also contributing to the growth of the market in the region.
Asia-Pacific is expected to be the fastest-growing region in the Augmented Intelligence market, driven by the increasing adoption of AI technologies in emerging economies such as China, India, and Japan. The region has a large and growing population, as well as a growing middle class that is driving demand for digital technologies. In addition, government initiatives promoting the adoption of AI and investment in research and development are also contributing to the growth of the market in the region.
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