Future Analysis For Artificial Intelligence as a Service Market Forecast By 2020 – 2027

 Overview:

During the COVID-19 crisis, the global market for artificial intelligence as a service is slated to benefit significantly as several companies, laboratories, and others are looking for various solutions for the disease using artificial intelligence.

The global market report on artificial intelligence (AI) as a service market is suggesting the promotion of the market beyond a valuation of USD 6.7 billion by 2023. During the forecast period of 2018 to 2023, the artificial intelligence as a service (AIaaS) market would take steps forward with 36% CAGR. Market Research Future (MRFR) claims that the market would gain from growing integration of AI, hike in the use of IoT, machine to machine communication, 5G technology, and others as major influencers for the market. Increasing demand from the end users would also help the market secure benefits for market expansion.

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Segmentation:

·        The global artificial intelligence (AI) as a service market has been studied on the basis of a segmentation that includes technology, services type, organization size, software, and verticals.

·        By services, the Artificial Intelligence as a Service (AIaaS) market includes custom cognitive computing APIs, cognitive computing APIs, and conversational AI.

·        By technology, the market report benefits from a discussion of machine learning & deep learning and natural language processing.

·        By software, the market encompasses segments like cloud & web-based application, modeler & processing, data storage & archiving, and others.

·        By organization size, the Artificial Intelligence as a Service (AIaaS) market consists of SMEs and large enterprises.

·        By vertical, the market relies on a discussion encompassing manufacturing, healthcare, retail, BFSI, government & defense, telecommunication, and energy & power.

 

Regional Analysis:

North America and Europe both regions are structurally in an advantageous position and enjoy a continuous influx of investment to support research and development projects, which would bolster their market presence. In Asia Pacific, China, Japan, and South Korea are expected to contribute in notable ways.

Competitive Landscape:

The global AIaaS Market is set to benefit from the strategic moves implemented by Google Inc., AWS, IBM Corporation, Baidu, SAP SE, Microsoft Corporation, Salesforce, Fair Isaac Corporation (FICO), Intel Corporation, BigML, Vital AI, Absolutdata, Fuzzy.AI, Craft.AI, Sift Science, Rainbird Technologies, Cognitive Scale, Mighty.AI, Yottamine Analytics, Centurysoft, and Datarobot Meya.AI.

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Table of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.3 Research Objectives

2.4 Markets Structure

3 Research Methodology

4 Market Dynamics

5 Market Alerts

6 Artificial Intelligence As A Service (AIaaS) Market By Services

Continued….

 

About Market Research Future:

Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.

 

The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research. 

 

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