The latest market report published by Credence Research“Global Artificial Intelligence Platform Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. TheGlobal Artificial Intelligence Platform Market generated revenue of around USD 7294.1 million in 2021 and is anticipated to grow a CAGR of over 29.70 % during the forecast period from 2022 to 2028 to reach around USD 34722.54 million in 2028. While cumulative growth opportunity presented by the global Artificial Intelligence Platform market is around USD 27428.44 million from 2022 to 2028.
Due to the increasing need for AI-based solutions and the enormous amount of data being produced, the market is growing. An increasing trend of incorporating artificial intelligence capabilities into workstreams, advancements in big data technologies, and better cloud storage services are all anticipated to support the expansion of the artificial intelligence platform market. Demand for intelligent virtual assistants and a shift in industrial practices toward automation to boost organizational productivity fuel the market expansion for artificial intelligence platforms. Increased demand for AI and machine learning-based solutions is another factor driving the market’s expansion.
Artificial Intelligence Platform Market Scope
Report Attribute
Details
Market Value in 2021
USD 34722.54 million
Market Value in 2028
USD 7294.1 million
CAGR
6.5%
Benchmarking Year
2021
Past data
2016 – 2021
Forecast period
2022 – 2028
The global Artificial Intelligence Platform market is bifurcated into Type, Technology, Deployment Model, Organization Size, Application, Industry Vertical, and Geography. Based on type the market is categorized into software and services (professional services, managed services). On the basis of technology, the global market is segmented into natural language processing, machine learning, and others. Based on the deployment model the market is categorized into Cloud and On-premises. On the basis of organization size, the global market is segmented into small & medium-sized enterprises and large enterprises. Based on the application the market is categorized into forecasts and prescriptive models, chatbots, speech recognition, text recognition, and others. On the basis of organization size, the global market is segmented into manufacturing, healthcare, banking, financial services and insurance (BFSI), retail & e-commerce, IT & Telecom, automotive, education, media & entertainment, transportation, and others. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
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North America dominated the artificial intelligence platform market . The U.S has a strong innovation ecosystem supported by smart federal investments in cutting-edge technology, famous academic institutions from around the globe, and innovative scientists and businesspeople. The development of artificial intelligence in North America has benefited from these factors.
Segmentation of Global Artificial Intelligence Platform Market-
Global Artificial Intelligence Platform Market – By Type
Global Artificial Intelligence Platform Market – By Technology
Global Artificial Intelligence Platform Market – By Deployment Model
Global Artificial Intelligence Platform Market – By Organization Size
Global Artificial Intelligence Platform Market – By Application
Global Artificial Intelligence Platform Market – By Industry Vertical
Why to Buy This Report-
Table Of Content
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Artificial Intelligence Platform Market
3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Artificial Intelligence Platform Market Value, 2016-2028, (US$ Mn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. Technology
3.3.3. Deployment Model
3.3.4. Organization Size
3.3.5. Application
3.3.6. Industry Vertical
3.3.7. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis
4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Competitive Benchmarking
4.3. Geographical Presence Analysis
4.4. Major Strategies Adopted by Key Players
4.4.1. Key Strategies Analysis
4.4.2. Mergers and Acquisitions
4.4.3. Partnerships
4.4.4. Product Launch
4.4.5. Geographical Expansion
4.4.6. Others
5. COVID 19 Impact Analysis
5.1. Global Artificial Intelligence Platform Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply
6. North America
6.1. North America Artificial Intelligence Platform Market, by Country, 2016-2028(US$ Mn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Artificial Intelligence Platform Market, by Type, 2016-2028(US$ Mn)
6.2.1. Overview
6.2.2. Software
6.2.3. Services (Professional Services, Managed Services)
6.3. North America Artificial Intelligence Platform Market, by Technology, 2016-2028(US$ Mn)
6.3.1. Overview
6.3.2. Natural Language Processing
6.3.3. Machine Learning
6.3.4. Others
6.4. North America Artificial Intelligence Platform Market, by Deployment Model, 2016-2028(US$ Mn)
6.4.1. Overview
6.4.2. Cloud
6.4.3. On-premises
6.5. North America Artificial Intelligence Platform Market, by Organization Size, 2016-2028(US$ Mn)
6.5.1. Overview
6.5.2. Small & Medium sized Enterprises
6.5.3. Large Enterprises
6.6. North America Artificial Intelligence Platform Market, by Application, 2016-2028(US$ Mn)
6.6.1. Overview
6.6.2. Forecasts and prescriptive models
6.6.3. Chatbots
6.6.4. Speech recognition
6.6.5. Text recognition
6.6.6. Others
6.7. North America Artificial Intelligence Platform Market, by Industry Vertical, 2016-2028(US$ Mn)
6.7.1. Overview
6.7.2. Manufacturing
6.7.3. Healthcare
6.7.4. Banking, Financial Services and Insurance (BFSI)
6.7.5. Retail & E-commerce
6.7.6. IT & Telecom
6.7.7. Automotive
6.7.8. Education
6.7.9. Media & Entertainment
6.7.10. Transportation
6.7.11. Others
7. Europe
…………..
8. Asia Pacific
………………
9. Latin America
……………
10. Middle East
11. Africa
12. Global
12.1. Global Artificial Intelligence Platform Market, by Type, 2016-2028(US$ Mn)
12.1.1. Overview
12.1.2. Software
12.1.3. Services (Professional Services, Managed Services)
12.2. Global Artificial Intelligence Platform Market, by Technology, 2016-2028(US$ Mn)
12.2.1. Overview
12.2.2. Natural Language Processing
12.2.3. Machine Learning
12.2.4. Others
12.3. Global Artificial Intelligence Platform Market, by Deployment Model, 2016-2028(US$ Mn)
12.3.1. Overview
12.3.2. Cloud
12.3.3. On-premises
12.4. Global Artificial Intelligence Platform Market, by Organization Size, 2016-2028(US$ Mn)
12.4.1. Overview
12.4.2. Small & Medium sized Enterprises
12.4.3. Large Enterprises
12.5. Global Artificial Intelligence Platform Market, by Application, 2016-2028(US$ Mn)
12.5.1. Overview
12.5.2. Forecasts and prescriptive models
12.5.3. Chatbots
12.5.4. Speech recognition
12.5.5. Text recognition
12.5.6. Others
12.6. Global Artificial Intelligence Platform Market, by Industry Vertical, 2016-2028(US$ Mn)
12.6.1. Overview
12.6.2. Manufacturing
12.6.3. Healthcare
12.6.4. Banking, Financial Services and Insurance (BFSI)
12.6.5. Retail & E-commerce
12.6.6. IT & Telecom
12.6.7. Automotive
12.6.8. Education
12.6.9. Media & Entertainment
12.6.10. Transportation
12.6.11. Others
13. Company Profiles
13.1. Microsoft Corporation
13.2. Salesforce Inc.
13.3. Samsung
13.4. International Business Machines Corporation
13.5. Intel Corporation
13.6. Amazon Web Services
13.7. Qualcomm Inc.
13.8. Baidu Inc.
13.9. Wipro Ltd.
13.10. Google LLC
13.11. Others
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