Data Bridge Market Research analyses that the artificial intelligence (AI) as a service market will exhibit a CAGR of 36.72% for the forecast period of 2021-2028 and is expected to reach the market value of USD 71,588.57 million by 2028.
Globalization is reaching at the highest level day by day and hence global market research has become quite imperative which helps businesses with decision making. Artificial Intelligence (AI) As a Service market research report considers several market aspects to offer solution for the toughest business questions. This global market document provides estimations about the key factors of the ABC industry with the precise and perfect data that is useful for the business. This market report takes into account key market dynamics, existing market scenario and future prospects of the sector. By carrying out top to bottom examination of this industry, the steadfast Artificial Intelligence (AI) As a Service report gives evaluations about the income, return on investment (ROI), and developing business strategies.
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Two more major success factors of the large scale Artificial Intelligence (AI) As a Service market report can be mentioned here which are market share analysis and key trend analysis. The research methodology employed in the report by DBMR research team is data triangulation which includes data mining, studying the impact of data variables on the market, and primary validation by industry experts. Being a proficient and a comprehensive in nature, this report focuses on primary and secondary market drivers, market share, leading segments and geographical analysis. With the nice blend of integrated approaches and latest technology, best results are achieved in the form of Artificial Intelligence (AI) As a Service market research report.
The high adoption of cloud-based applications and services and big data is the major factor accelerating the growth of the artificial intelligence (AI) as a service market. Furthermore, the new developments in technology, high demand for AI-Powered services in the form of Api and Sdk, rise in the number of innovative startups and high investment in industrial automation are also expected to drive the growth of the artificial intelligence (AI) as a service market. However, the lack of skilled employees and dearth of skilled and experienced staff restrains the artificial intelligence (AI) as a service market, whereas, the sensitivity involved with security of data will challenge artificial intelligence (AI) as a service market growth.
Some of the major players operating in the Artificial Intelligence (AI) as a Service market are:
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Global Artificial Intelligence (AI) as a Service Market Scope and Market Size
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Artificial Intelligence (AI) as a Service Market Country Level Analysis
The countries covered in the artificial intelligence (AI) as a service market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the artificial intelligence (AI) as a service market owing to the favorable government initiatives to encourage the adoption of artificial intelligence (AI) across various industries. Asia-Pacific, on the other hand, is expected to show a lucrative growth due to increasing adoption of NLP technologies, growing e-commerce, increasing internet penetration and online streaming have resulted in the growth of marketing industries.
The country section of the artificial intelligence (AI) as a service market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Table of Content: Global Artificial Intelligence (AI) as a Service Market
Aims of the Artificial Intelligence (AI) as a Service study:
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