Artificial Intelligence as a Service Market Forecast to Grow at 44% CAGR Until 2025
A Quick Overview of Artificial Intelligence as a Service Market
The key object of this report on the Artificial Intelligence as a Service Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.
MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the Artificial Intelligence as a Service Market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.
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Artificial Intelligence as a Service Market Scenario:
According to MarkNtel Advisors’ research report “Global Artificial Intelligence as a Service Market Analysis, 2020”, the Global AI as a Service market is anticipated to grow at a CAGR of 44% during 2020-25. Based on technology, Machine Learning (ML) and Deep Learning (DL) acquired the majority market share in the AIaaS market in 2019 due to the rising end-user industry inclination toward the deployment of AI industry solutions and incorporation of technology like chatbots for e-commerce and online banking companies.
Artificial Intelligence as a Service Market Segmentation Analysis:
Artificial Intelligence as a Service Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:
By Type
- Software Tools
- Cloud and Web-Based Application Programming Interface
- Data Storage and Archiving
- Modeler and Processing
- Others (Model Validator, Decision Report/Predictor/Training, and Report Storage)
- Service
- Professional Services
- Managed Services
By Enterprise Size
- Small
- Medium
- Large
By Technology
- Natural Language Processing
- Machine Learning (ML) and Deep Learning
- Others
By Deployment
- On-Premise
- Cloud
- Hybrid
By End User
- BFSI
- Energy & Utility
- Healthcare
- Manufacturing
- Retail
- Government & Defense
- IT & Telecommunication
- Others (Transportation, Media & Entertainment, etc.)
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific.
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Who are the Key Market Players in the Artificial Intelligence as a Service Market?
In the fast-changing Artificial Intelligence as a Service Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top companies of the Artificial Intelligence as a Service market ruling the industry are:
List of Key Companies Profiled:
- IBM
- Microsoft
- Amazon Web Services
- Salesforce
- SAP
- Intel
- Oracle
- SAS
- Apple
- BMC.
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