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Artificial Intelligence as a Service (AIaaS) Market to Undertake Strapping Growth by the End 2025 Apple, Amazon, IBM Corporation, CognitiveScale, Microsoft Corporation

02-19-2020 03:33 PM CET | IT, New Media & Software

Press release from: ReportsWeb

Artificial Intelligence as a Service (AIaaS) Market

Artificial Intelligence as a Service (AIaaS) Market

Increased penetration of cloud-based solutions and growth associated with the artificial intelligence and cognitive computing market are the major factors that boost the growth of the AIaaS market. In addition, growth in IT expenditure in emerging nations and technological advancement for workflow optimization fuel the demand for advanced analytical systems driving the artificial intelligence as a service market. However, limited availability of trained professionals is expected to impede the market growth. Furthermore, increase in application areas and growth of IoT are the factors expected to create lucrative growth opportunities for the artificial intelligence as a service market.

The global artificial intelligence as a service market size (AIaaS Market size) is expected to reach $77,047.7 million in 2025, from $2,397.2 million in 2017 growing at a CAGR of 56.7% from 2018 to 2025. AIaaS incorporates a range of services that offer AI tools through cloud computing services. Google, IBM, Intel, Microsoft, and Apple Inc. are some of the leading players of the global AIaaS market.

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Leading Artificial Intelligence as a Service (AIaaS) Market Players:
o Alphabet Inc. (Google Inc.)
o Apple Inc.
o Amazon Inc.
o IBM Corporation
o CognitiveScale, Inc.
o Microsoft Corporation
o Intel, Inc.
o SAP SE
o Salesforce, Inc.
o Fair Isaac Corporation

An exclusive Artificial Intelligence as a Service (AIaaS) Market research report has been fabricated through the in depth analysis of the market dynamics across five regions such as North America, Europe, South America, Asia-Pacific, Middle East and Africa. The segmentation of the market by type, application, and region was done based on the thorough market analysis and validation through extensive primary inputs from industry experts, key opinion leaders of companies, and stakeholders) and secondary research (global/regional associations, trade journals, technical white papers, company's website, annual report SEC filing, and paid databases). Further, the market has been estimated by utilizing various research methodologies and internal statistical model.

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The Artificial Intelligence as a Service (AIaaS) Market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Artificial Intelligence as a Service (AIaaS) Market based on product and application. It also provides market size and forecast till 2026 for overall Artificial Intelligence as a Service (AIaaS) Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America and Central America (SCAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Artificial Intelligence as a Service (AIaaS) Market, By Component
Chapter 5: Artificial Intelligence as a Service (AIaaS) Market, By Deployment
Chapter 6: Artificial Intelligence as a Service (AIaaS) Market, By Organization Size
Chapter 7: Artificial Intelligence as a Service (AIaaS) Market, By Application
Chapter 8: Artificial Intelligence as a Service (AIaaS) Market, By Region
Chapter 9: Competitive Landscape
To Continue...

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