Artificial Intelligence-as-a-Service Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR41175
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The artificial intelligence-as-a-service (AIaaS) market has the potential to grow by USD 14.70 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 40.73%.

This artificial intelligence-as-a-service market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by end-user (retail and healthcare, BFSI, telecommunication, government and defense, and others) and geography (North America, APAC, Europe, MEA, and South America). The artificial intelligence-as-a-service market report also offers information on several market vendors, including Alphabet Inc., Amazon.com Inc., Apple Inc., Intel Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., SAP SE, SAS Institute Inc., and International Business Machines Corp. among others.

What will the Artificial Intelligence-as-a-Service Market Size be in 2021?

Artificial-Intelligence-as-a-Service-Market-Market-Size-2020-2025

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Artificial Intelligence-as-a-Service Market: Key Drivers and Trends

According to our research output, there has been a positive impact on the market growth post COVID-19 era. Key drivers such as the increasing investment in R&D are notably supporting the artificial intelligence-as-a-service market growth. However, one of the foremost factors impeding market growth is data privacy issues. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic artificial intelligence-as-a-service market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Artificial Intelligence-as-a-Service Market Vendors?

The artificial intelligence-as-a-service market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles covered in the report are as follows:

 

  • Alphabet Inc.
  • Amazon.com Inc.
  • Apple Inc.
  • Intel Corp.
  • Microsoft Corp.
  • Oracle Corp.
  • Salesforce.com Inc.
  • SAP SE
  • SAS Institute Inc.
  • International Business Machines Corp.

 

The AIaaS market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the artificial intelligence-as-a-service market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Artificial Intelligence-as-a-Service Market?

Artificial-Intelligence-as-a-Service-Market-Market-Share-by-Region-2020-2025

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The artificial intelligence-as-a-service market size, share, & trends analysis report offers an up-to-date study of the geographical composition of the market. 39% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for artificial intelligence-as-a-service in North America.

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Cloud based solutions will facilitate the artificial intelligence-as-a-service market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Artificial Intelligence-as-a-Service Market?

Artificial-Intelligence-as-a-Service-Market-Market-Share-by-End-2020-2025

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The artificial intelligence-as-a-service market share growth by the retail and healthcare segment has been significant. The artificial intelligence-as-a-service market report provides comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

This report provides an accurate prediction of the contribution of all the segments to the growth of the AIaaS market size. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Artificial Intelligence-as-a-Service Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive artificial intelligence-as-a-service market growth during the next five years
  • Precise estimation of the artificial intelligence-as-a-service market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the artificial intelligence-as-a-service market across North America, APAC, Europe, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of artificial intelligence-as-a-service market vendors

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Artificial Intelligence-as-a-Service Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 41%

Market growth 2021-2025

$ 14.70 billion

Market structure

Fragmented

YoY growth (%)

30.12

Regional analysis

North America, APAC, Europe, MEA, and South America

Performing market contribution

North America at 39%

Key consumer countries

US, China, UK, Germany, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alphabet Inc., Amazon.com Inc., Apple Inc., Intel Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., SAP SE, SAS Institute Inc., and International Business Machines Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End user
    • Retail and healthcare - Market size and forecast 2020-2025
    • BFSI - Market size and forecast 2020-2025
    • Telecommunication - Market size and forecast 2020-2025
    • Government and defense - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by End user

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Alphabet Inc.
      • Amazon.com Inc.
      • Apple Inc.
      • Intel Corp.
      • International Business Machines Corp.
      • Microsoft Corp.
      • Oracle Corp.
      • Salesforce.com Inc.
      • SAP SE
      • SAS Institute Inc.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The artificial intelligence-as-a-service (aiaas) market growth will increase by $15.14 billion during 2019-2024.
      The artificial intelligence-as-a-service (aiaas) market is expected to grow at a CAGR of 48.22% during 2019-2024.
      Technavio has segmented the artificial intelligence-as-a-service (aiaas) market by end user (Retail and healthcare, BFSI, Telecommunications, Government and defense, and Others) and geographic (North America, APAC, Europe, MEA, and South America).
      Alphabet Inc., Amazon.com Inc., Apple Inc., Intel Corp., International Business Machines Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., SAP SE, SAS Institute Inc. are a few of the key vendors in the artificial intelligence-as-a-service (aiaas) market.
      North America will register the highest growth rate of 37.28% among the other regions. Therefore, the artificial intelligence-as-a-service (aiaas) market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the artificial intelligence-as-a-service (aiaas) market growth are:
      • Increasing investment in R&D
      The artificial intelligence-as-a-service (aiaas) market vendors should focus on grabbing business opportunities from the retail and healthcare segment as it accounted for the largest market share in the base year.
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