NEW YORK, Feb. 9, 2023 /PRNewswire/ — The Artificial Intelligence Platforms Market by Application, Deployment and Geography – Forecast and Analysis 2023-2027 report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 34.86% and register an incremental growth of USD 31.25501 billion during the forecast period. The report provides a comprehensive analysis on growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download a PDF Sample Report
Regional analysis
By region, the artificial intelligence platforms market is segmented into North America, APAC, Europe, South America, and the Middle East and Africa. North America will account for 66% of the market’s growth during the forecast period. The growing application of AI in decision making, the increasing demand for virtual assistants in cloud platforms, as well as the rising adoption of cloud-based services are driving the growth of the regional market.
Company profiles
The artificial intelligence platforms market report includes information on the key products and recent developments of leading vendors, including:
- Alphabet Inc: The company offers artificial intelligence platforms such as Google AI.
- Amazon.com Inc: The company offers artificial intelligence platforms such as Streamline self-service processes with Conversational AI.
- Amelia US LLC: The company offers artificial intelligence platforms such as Amelia Conversational AI.
- Baidu Inc: The company offers artificial intelligence platforms such as Baidu AI cloud.
- Dell Technologies Inc: The company offers artificial intelligence platforms and products such as Dell Precision 7560 15 mobile workstation that is AI-ready, featuring new NVIDIA RTX A5000 graphic cards.
- Hewlett Packard Enterprise Co.
- Infosys Ltd.
- Intel Corp.
- International Business Machines Corp.
- Microsoft Corp.
- Nuance Communications Inc.
- NVIDIA Corp.
- Palantir Technologies Inc.
- Qualcomm Inc.
- SAP SE
- To gain access to more vendor profiles available with Technavio, buy the report!
Market Dynamics
The market is driven by factors such as the rising demand for AI-based solutions, increasing investments in R&D for AI technology, and the rise in demand for cloud-based AI solutions. However, the lack of skilled professionals is hindering the market growth.
Competitive Analysis
The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others. Request a Sample
Market Segmentation
- By application, the market is segmented into retail, banking, manufacturing, healthcare, and others. The retail segment accounted for the largest share of the market.
- By geography, the market is segmented into North America, APAC, Europe, South America, and Middle East and Africa. North America held the largest share of the market in 2021.
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Artificial Intelligence (AI) in Social Media Market by Application and Geography – Forecast and Analysis 2022- 2026: Artificial intelligence (AI) in social media market share is expected to increase by USD 3.66 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 26.93%. The growing demand for data integration and visual analytics is notably driving the artificial intelligence (AI) in social media market growth, although factors such as a lack of skilled workforce for the development of ai algorithms may impede the market growth.
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What are the key data covered in this artificial intelligence platforms market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the artificial intelligence platforms market between 2023 and 2027
- Precise estimation of the size of the artificial intelligence platforms market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the artificial intelligence platforms market across APAC, North America, Europe, Middle East and Africa, and South America
- Thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of artificial intelligence platforms market vendors
| Artificial Intelligence Platforms Market Scope | |
| Report Coverage | Details |
| Page number | 185 |
| Base year | 2022 |
| Historic period | 2017-2021 |
| Forecast period | 2023-2027 |
| Growth momentum & CAGR | Accelerate at a CAGR of 34.86% |
| Market growth 2023-2027 | USD 31255.01 million |
| Market structure | Fragmented |
| YoY growth 2022-2023 (%) | 32.45 |
| Regional analysis | North America, APAC, Europe, South America, and Middle East and Africa |
| Performing market contribution | North America at 66% |
| Key countries | US, China, Germany, UK, and France |
| Competitive landscape | Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
| Key companies profiled | Alphabet Inc., Amazon.com Inc., Amelia US LLC, Baidu Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., Infosys Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., Nuance Communications Inc., NVIDIA Corp., Palantir Technologies Inc., Qualcomm Inc., Salesforce.com Inc., SAP SE, SAS Institute Inc., ServiceNow Inc., Tata Consultancy Services Ltd., and Wipro Ltd. |
| Market dynamics | Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of Contents
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Deployment
- Market segments
- Comparison by Deployment
- On-premise – Market size and forecast 2023-2027
- Cloud-based – Market size and forecast 2023-2027
- Market opportunity by Deployment
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2023-2027
- APAC – Market size and forecast 2023-2027
- Europe – Market size and forecast 2023-2027
- South America – Market size and forecast 2023-2027
- MEA – Market size and forecast 2023-2027
- Key leading countries
- Market opportunity by geography
- Market drivers – Demand-led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Alibaba Group Holding Ltd.
- Alphabet Inc.
- Amazon Web Services Inc.
- International Business Machines Corp.
- Microsoft Corp.
- Palantir Technologies Inc.
- Salesforce.com Inc.
- SAP SE
- SAS Institute Inc.
- Tata Consultancy Services Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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