Artificial Intelligence as a Service is the outsourcing of artificial intelligence (AI) provided by third parties. It allows people and organizations to explore different avenues without high investment for initial installation for various purposes and involves low risk. Most smart vendors, whether they are software firms, consultants, or professional service firms, offers a range of services to support large-scale AI solutions. This is because AI market service companies are aware of the fact that it is merely offering their customers AI software or AI toolsets is no longer enough. As an essential part of their technologies, companies such as Google, IBM, Microsoft, and other leading players have actively implemented AI services.
MARKET DYNAMICS
The increasing adoption of cloud computing services around the globe is increasing the adoption of cloud-based applications that multiple end-user industries can utilize. Cloud computing's inherent benefits, such as minimal infrastructure costs, scalability, reliability, and high resource availability, have driven businesses to adopt cloud-based solutions. This is expected to speed up the adoption of cloud-based apps through a service model. With the rise in the adoption of cloud-based services, market vendors have begun offering cloud-based AI services for secure data management. SAP, for example, provides AI capabilities integrated with its cloud-based ERP system called S4 / HANA to support business processes like sales, finance, procurement, and supply chain. Thus the increasing adoption of the cloud will drive AIaaS market growth during the forecast period.
MARKET SCOPE
The "Global Artificial Intelligence-as-a-Service (AIaaS) Market Analysis To 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The Artificial Intelligence-as-a-Service (AIaaS) Market report aims to provide an overview of the Artificial Intelligence-as-a-Service (AIaaS) Market with detailed market segmentation by technology, end user, and geography. The global Artificial Intelligence-as-a-Service (AIaaS) Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Artificial Intelligence-as-a-Service (AIaaS) Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Artificial Intelligence-as-a-Service (AIaaS) Market is segmented on the basis of technology, and end user. Based on technology, the Artificial Intelligence-as-a-Service (AIaaS) Market is segmented into: Machine Learning, Computer Vision, Natural Language Processing (NLP), and Others. On the basis of end user, the Artificial Intelligence-as-a-Service (AIaaS) Market is segmented into: Retail, healthcare, BFSI, Telecommunications, Government and defense, and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Artificial Intelligence-as-a-Service (AIaaS) Market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Artificial Intelligence-as-a-Service (AIaaS) Market by each region is later sub-segmented by respective countries and segments. The Artificial Intelligence-as-a-Service (AIaaS) Market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Artificial Intelligence-as-a-Service (AIaaS) Market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the Artificial Intelligence-as-a-Service (AIaaS) Market in these regions.
MARKET PLAYERS
The reports cover key developments in the Artificial Intelligence-as-a-Service (AIaaS) Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from Artificial Intelligence-as-a-Service (AIaaS) Market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the Artificial Intelligence-as-a-Service (AIaaS) Market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Artificial Intelligence-as-a-Service (AIaaS) Market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Alphabet Inc.
- Amazon.com, Inc.
- Apple Inc.
- CognitiveScale
- Fair Isaac Corporation
- IBM Corporation
- Intel Corporation
- Microsoft
- Salesforce, Inc.
- SAP SE
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.