Artificial Intelligence as a Service Market Projected to Expand at 44% CAGR Through 2025

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.

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Strategic Takeaways from the Report:

  • Market Sizing and Forecasting
  • Regulatory and Policy Influence
  • Competitive Trends and M&A Activity
  • Innovation Drivers and Disruptive Technologies
  • Investment Hotspots and Emerging Niches
  • Geographical Dynamics and Trade Flows

Artificial Intelligence as a Service Market Segment Overview & Classification

This market is categorized to offer targeted insights across various operational and consumer-related verticals.

Segment List:

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.

These divisions help clarify demand patterns and expected shifts.

Artificial Intelligence as a Service Market Competitive Snapshot from 2020-2025

The report highlights established and emerging players in the global Artificial Intelligence as a Service Market, evaluating their strengths, challenges, and potential for innovation.

Key Competitors Include:

  • IBM
  • Google
  • Microsoft
  • Amazon Web Services
  • Salesforce
  • SAP
  • Intel
  • Oracle
  • SAS
  • Apple
  • BMC.

Their activities include partnerships, product launches, and geographic expansions.

Frequently Asked Questions (FAQs):

  • What industries are most impacted by this market?
  • How is technology reshaping operations and offerings?
  • Which competitors dominate the landscape?
  • What risks could disrupt market expansion?
  • How should businesses respond to demand fluctuations?

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