Artificial Intelligence in Platform MarketFebruary 4, 2021 ⚊ 6 Min read ⚊ Views 374 ⚊ BUSINESS
Artificial Intelligence Platform Market Research Report is expected to reach USD 29.72 Billion by 2026 from XX Billion in 2018 at a CAGR XX%.
The factors such as propagation in data generation, increasing demand for AI-based solutions and due to the data that requires analysis to improve decision-making process of service providers. The global Artificial Intelligence Platform Market Research Report is projected to reach USD 29.72 Billion by 2026 from USD 2.36 Billion in 2017.
The Artificial Intelligence Platform Market is segmented by components, deployment modes, applications, end-users and geographies. In the component segment the tool sub-segment is expected to grow at a higher CAGR in forecast period. The global Artificial Intelligence Platform Market Research Report on the basis of geographies is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, Latin America. The North American regions are expected to have the largest market share due to higher focus on the R&D. The Asia Pacific regions are expected to be the fastest growing Artificial Intelligence Platform Market Research Report during forecast period due to higher technological advancement and rapid expansion of domestic enterprise.
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Artificial Intelligence Platform Market is expected to reach USD 29.72 Billion by 2026 from 2.36 Billion in 2017 at a CAGR 37.2%.The factors such as propagation in data generation, increasing demand for AI-based solutions and due to the data that requires analysis to improve decision-making process of service providers. Artificial Intelligence Platform Market Machine Learning tool has formed the largest type within tools segment that can be attributed to its large applications in retail and BFSI sector to monitor and analyze a large amount of data. Managed service is expected to grow at the fastest rate with cloud being used as a favored deployment mode. Complexities in technological infrastructure along with rising in demand for developed and safe platform across all industries are a few main drivers that are expected to boost market growth.
North American is expected to have the largest market share in Artificial Intelligence Platform Market with the rising focus of companies to main large database securely along with large investments being made in research and development. Asia Pacific regions are expected to grow at the highest rate with factors like rapid technological advancement and expansion of domestic enterprise acting as few major drivers for overall market growth.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
• Artificial Intelligence Platform Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Artificial Intelligence Platform Market.
• Artificial Intelligence Platform Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Artificial Intelligence Platform Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of the study.
• Artificial Intelligence Platform Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Artificial Intelligence in Platform market are also profiled.
Bloomberg, Factiva, and Hoovers are some of the sites that are being referred to gain insights about Artificial Intelligence Platform Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Artificial Intelligence Platform Market globally.
Some of the major players operating in the Artificial Intelligence in Platform market are as follows:
• Microsoft (US)
• Google (US)
• IBM (US)
• Qualcomm Technologies (US)
• Salesforce (US)
• Intel (US)
• HPE (US)
• Absolutdata (US).
• Amazon Web Services (US)
• Ayasdi (US)
Key Target Audience:
• Initial public offering or venture and capitalist or angel investors
• Artificial intelligence platform software and service providers
• Information security directors or managers
• IT directors or consultants
• Government organizations
• Banking, Financial Services, Insurance, healthcare, retail, and manufacturing organizations
• Managed service providers
• Consultants advisory firms
• Training and education service providers
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Scope of the Report:
This research report segments the Artificial Intelligence in Platform market based on component, deployment mode, application, end-user and geography.
Artificial Intelligence in Platform Market, by Component:
Artificial Intelligence in Platform Market, by Tools:
Artificial Intelligence Platform Market, by Service:
Artificial Intelligence in Platform Market, by Deployment Mode:
Artificial Intelligence in Platform Market, by Application:
• Forecasts and prescriptive models
• Speech recognition
• Text recognition
Artificial Intelligence in Platform Market, by End-User:
• Research and academics
• Retail and eCommerce
Artificial Intelligence in Platform Market, by Geography:
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
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