Global Artificial Intelligence Service Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI11243565

Publication Date:

November 29, 2024

Pages:

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global Artificial Intelligence Service market size was valued at US$ 437.3 million in 2023. With growing demand in downstream market, the Artificial Intelligence Service is forecast to a readjusted size of US$ 662.8 million by 2030 with a CAGR of 6.1% during review period.
The research report highlights the growth potential of the global Artificial Intelligence Service market. Artificial Intelligence Service are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Artificial Intelligence Service. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Artificial Intelligence Service market.
Verticals in the AI as a service market include Banking, Financial Services, and Insurance (BFSI), healthcare and life sciences, retail, telecommunications, government and defense, manufacturing, energy, and others (Education, Agriculture, Transportation, and Media and Entertainment). AI as a service helps various verticals easily integrate AI capabilities with their business applications. Moreover, by leveraging the benefits of AI as a service, verticals can focus more on the enhancement of their business processes and formulation of growth strategies, rather than worrying about costs related to the purchase and maintenance of AI-powered platforms and tools.
As an important force driving a new round of scientific and technological revolution, artificial intelligence has been of national strategic importance. Many governments introduces polices and increase capital investment to support AI companies. The Digital Europe plan adopted by the European Union will allocate 鈧�9.2 billion on high-tech investments, such as supercomputing, artificial intelligence, and network security. In order to maintain its leading position, the United States will increase its investment in artificial intelligence research and development in non-defense fields, from US$1.6 billion to US$1.7 billion in 2022. According to the latest data released by IDC, global artificial intelligence revenue was US$432.8 billion in 2022, a year-on-year increase of 19.54%, including software, hardware and services.
Key Features:
The report on Artificial Intelligence Service market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Artificial Intelligence Service market. It may include historical data, market segmentation by Type (e.g., Software Tools, Services), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Artificial Intelligence Service market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Artificial Intelligence Service market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Artificial Intelligence Service industry. This include advancements in Artificial Intelligence Service technology, Artificial Intelligence Service new entrants, Artificial Intelligence Service new investment, and other innovations that are shaping the future of Artificial Intelligence Service.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Artificial Intelligence Service market. It includes factors influencing customer ' purchasing decisions, preferences for Artificial Intelligence Service product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Artificial Intelligence Service market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Artificial Intelligence Service market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Artificial Intelligence Service market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Artificial Intelligence Service industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Artificial Intelligence Service market.
Market Segmentation:
Artificial Intelligence Service market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Software Tools
Services
Segmentation by application
BFSI
Telecommunications and IT
Retail and E-Commerce
Government and Defense
Healthcare
Manufacturing
Energy and Utilities
Construction and Engineering
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
International Business Machines
SAP
Google
Amazon
Salesforce
Intel
Baidu
Fair Isaac Corporation(FICO)
SAS Institute(US)

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Artificial Intelligence Service Market Size 2019-2030
2.1.2 Artificial Intelligence Service Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Artificial Intelligence Service Segment by Type
2.2.1 Software Tools
2.2.2 Services
2.3 Artificial Intelligence Service Market Size by Type
2.3.1 Artificial Intelligence Service Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Artificial Intelligence Service Market Size Market Share by Type (2019-2024)
2.4 Artificial Intelligence Service Segment by Application
2.4.1 BFSI
2.4.2 Telecommunications and IT
2.4.3 Retail and E-Commerce
2.4.4 Government and Defense
2.4.5 Healthcare
2.4.6 Manufacturing
2.4.7 Energy and Utilities
2.4.8 Construction and Engineering
2.4.9 Others
2.5 Artificial Intelligence Service Market Size by Application
2.5.1 Artificial Intelligence Service Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Artificial Intelligence Service Market Size Market Share by Application (2019-2024)
3 Artificial Intelligence Service Market Size by Player
3.1 Artificial Intelligence Service Market Size Market Share by Players
3.1.1 Global Artificial Intelligence Service Revenue by Players (2019-2024)
3.1.2 Global Artificial Intelligence Service Revenue Market Share by Players (2019-2024)
3.2 Global Artificial Intelligence Service Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Artificial Intelligence Service by Regions
4.1 Artificial Intelligence Service Market Size by Regions (2019-2024)
4.2 Americas Artificial Intelligence Service Market Size Growth (2019-2024)
4.3 APAC Artificial Intelligence Service Market Size Growth (2019-2024)
4.4 Europe Artificial Intelligence Service Market Size Growth (2019-2024)
4.5 Middle East & Africa Artificial Intelligence Service Market Size Growth (2019-2024)
5 Americas
5.1 Americas Artificial Intelligence Service Market Size by Country (2019-2024)
5.2 Americas Artificial Intelligence Service Market Size by Type (2019-2024)
5.3 Americas Artificial Intelligence Service Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Artificial Intelligence Service Market Size by Region (2019-2024)
6.2 APAC Artificial Intelligence Service Market Size by Type (2019-2024)
6.3 APAC Artificial Intelligence Service Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Artificial Intelligence Service by Country (2019-2024)
7.2 Europe Artificial Intelligence Service Market Size by Type (2019-2024)
7.3 Europe Artificial Intelligence Service Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Artificial Intelligence Service by Region (2019-2024)
8.2 Middle East & Africa Artificial Intelligence Service Market Size by Type (2019-2024)
8.3 Middle East & Africa Artificial Intelligence Service Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Artificial Intelligence Service Market Forecast
10.1 Global Artificial Intelligence Service Forecast by Regions (2025-2030)
10.1.1 Global Artificial Intelligence Service Forecast by Regions (2025-2030)
10.1.2 Americas Artificial Intelligence Service Forecast
10.1.3 APAC Artificial Intelligence Service Forecast
10.1.4 Europe Artificial Intelligence Service Forecast
10.1.5 Middle East & Africa Artificial Intelligence Service Forecast
10.2 Americas Artificial Intelligence Service Forecast by Country (2025-2030)
10.2.1 United States Artificial Intelligence Service Market Forecast
10.2.2 Canada Artificial Intelligence Service Market Forecast
10.2.3 Mexico Artificial Intelligence Service Market Forecast
10.2.4 Brazil Artificial Intelligence Service Market Forecast
10.3 APAC Artificial Intelligence Service Forecast by Region (2025-2030)
10.3.1 China Artificial Intelligence Service Market Forecast
10.3.2 Japan Artificial Intelligence Service Market Forecast
10.3.3 Korea Artificial Intelligence Service Market Forecast
10.3.4 Southeast Asia Artificial Intelligence Service Market Forecast
10.3.5 India Artificial Intelligence Service Market Forecast
10.3.6 Australia Artificial Intelligence Service Market Forecast
10.4 Europe Artificial Intelligence Service Forecast by Country (2025-2030)
10.4.1 Germany Artificial Intelligence Service Market Forecast
10.4.2 France Artificial Intelligence Service Market Forecast
10.4.3 UK Artificial Intelligence Service Market Forecast
10.4.4 Italy Artificial Intelligence Service Market Forecast
10.4.5 Russia Artificial Intelligence Service Market Forecast
10.5 Middle East & Africa Artificial Intelligence Service Forecast by Region (2025-2030)
10.5.1 Egypt Artificial Intelligence Service Market Forecast
10.5.2 South Africa Artificial Intelligence Service Market Forecast
10.5.3 Israel Artificial Intelligence Service Market Forecast
10.5.4 Turkey Artificial Intelligence Service Market Forecast
10.5.5 GCC Countries Artificial Intelligence Service Market Forecast
10.6 Global Artificial Intelligence Service Forecast by Type (2025-2030)
10.7 Global Artificial Intelligence Service Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 International Business Machines
11.1.1 International Business Machines Company Information
11.1.2 International Business Machines Artificial Intelligence Service Product Offered
11.1.3 International Business Machines Artificial Intelligence Service Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 International Business Machines Main Business Overview
11.1.5 International Business Machines Latest Developments
11.2 SAP
11.2.1 SAP Company Information
11.2.2 SAP Artificial Intelligence Service Product Offered
11.2.3 SAP Artificial Intelligence Service Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 SAP Main Business Overview
11.2.5 SAP Latest Developments
11.3 Google
11.3.1 Google Company Information
11.3.2 Google Artificial Intelligence Service Product Offered
11.3.3 Google Artificial Intelligence Service Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Google Main Business Overview
11.3.5 Google Latest Developments
11.4 Amazon
11.4.1 Amazon Company Information
11.4.2 Amazon Artificial Intelligence Service Product Offered
11.4.3 Amazon Artificial Intelligence Service Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Amazon Main Business Overview
11.4.5 Amazon Latest Developments
11.5 Salesforce
11.5.1 Salesforce Company Information
11.5.2 Salesforce Artificial Intelligence Service Product Offered
11.5.3 Salesforce Artificial Intelligence Service Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Salesforce Main Business Overview
11.5.5 Salesforce Latest Developments
11.6 Intel
11.6.1 Intel Company Information
11.6.2 Intel Artificial Intelligence Service Product Offered
11.6.3 Intel Artificial Intelligence Service Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Intel Main Business Overview
11.6.5 Intel Latest Developments
11.7 Baidu
11.7.1 Baidu Company Information
11.7.2 Baidu Artificial Intelligence Service Product Offered
11.7.3 Baidu Artificial Intelligence Service Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Baidu Main Business Overview
11.7.5 Baidu Latest Developments
11.8 Fair Isaac Corporation(FICO)
11.8.1 Fair Isaac Corporation(FICO) Company Information
11.8.2 Fair Isaac Corporation(FICO) Artificial Intelligence Service Product Offered
11.8.3 Fair Isaac Corporation(FICO) Artificial Intelligence Service Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Fair Isaac Corporation(FICO) Main Business Overview
11.8.5 Fair Isaac Corporation(FICO) Latest Developments
11.9 SAS Institute(US)
11.9.1 SAS Institute(US) Company Information
11.9.2 SAS Institute(US) Artificial Intelligence Service Product Offered
11.9.3 SAS Institute(US) Artificial Intelligence Service Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 SAS Institute(US) Main Business Overview
11.9.5 SAS Institute(US) Latest Developments
12 Research Findings and Conclusion

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