Global Artificial Intelligence as a Service Market - PowerPoint PPT Presentation

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Global Artificial Intelligence as a Service Market

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Global Artificial Intelligence as a Service Market is expected to reach USD 20.2 Billion by 2024 from USD 1.25 Billion in 2016 at a CAGR of 48.9%. – PowerPoint PPT presentation

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Title: Global Artificial Intelligence as a Service Market


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  • Global Artificial Intelligence as a Service
    Market is expected to reach USD 20.2 Billion by
    2024 from USD 1.25 Billion in 2016 at a CAGR of
    48.9. This is a comprehensive global report
    focused on the current and future prospects of
    the global Artificial Intelligence as a Service
    Market. This report is a consolidation of primary
    and secondary research, which provides market
    size, share, dynamics, and forecast for various
    segments and
  • sub-segments considering the macro and micro
    environmental factors. An in-depth analysis of
    past trends, future trends, demographics,
    technological advancements, and regulatory
    requirements for the global Artificial
    Intelligence as a Service Market has been done
    in order to calculate the growth rates for each
    segments and sub-segments.
  • The key driving factor for this market include
    the rising adoption of the AI powered service in
    the form of application and application
    programming interface and the rapid growth in
    the innovations of the service are the key growth
    factors for this market in the forecast period.
  • The machine learning and deep learning technology
    segment among the technology segment is
    anticipated to hold the largest market share,
    while the natural language processing technology
    is projected to grow at a higher CAGR during the
    forecast period. The natural language processing
    technology has various features such as it is
    capable of understanding user behaviors , that
    is why it helps in delivering enhanced customer
    experience.
  • Geographically, the Global Artificial
    Intelligence as a Service Market has been
    segmented into North America, Europe, Asia
    Pacific, Middle East Africa and Latin America.
    The swift growth of the market in the APAC region
    is anticipated to dominate the market over the
    forecast period majorly due to various factors,
    such as growing awareness of AI as a service
    among various verticals and growth of the massive
    amount of data, due to the increasing use of
    digital technologies are expected to make APAC a
    high potential market for growth.
  • Global Artificial Intelligence as a Service
    Market
  • The rapid growth demand for AI services
    integrators in various sector and are also
    creating opportunities across a wide range of
    industries and vertical
  • Banking, Financial, and Insurance (BFSI)
  • Retail
  • Healthcare and Life Sciences

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  • Government and defense
  • Energy
  • Others
  • Key Highlights
  • Complete analysis with respect to individual
    growth trends are incorporated within the scope
    of our study.
  • Assessment of market definition along with the
    identification of key drivers, restraints
    opportunities for this market
  • Comprehensive analysis of factors that are
    instrumental in changing the market scenario,
    prospective opportunities, market shares, growth
    strategies along with identification of key
    companies are profiled.
  • Detailed quantitative analysis of the current and
    future trends for the forecast period has been
    profiled.
  • Global Artificial Intelligence as a Service
    Market analysis and segmentation with respect to
    service type, software tool, service, technology,
    organization size, vertical and geography.
  • Global Artificial Intelligence as a Service
    Market analysis and forecast for five major
    geographies- North America, Europe, Asia Pacific,
    Middle East Africa and Latin America along
    with their key regions
  • The years that have been considered for the study
    are

Research Methodology The research methodology
used to forecast and estimate the Global
Artificial Intelligence as a Service Market was
done by collecting data about key vendor revenues
via secondary research, which includes databases
directories (Bloomberg BusinessWeek, DB
Hoovers, and Factiva). Vendor offerings have also
been considered in order to determine the market
segmentation. The bottom-up approach was
employed to estimate at the overall market size
of the Global Artificial Intelligence as a
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