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Artificial Intelligence Platforms Market by Deployment and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 141
  • SKU: IRTNTR44235
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The artificial intelligence platforms market share is expected to increase by USD 17.29 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 34.62%.

This artificial intelligence platforms 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 artificial intelligence platforms market segmentations by deployment (on-premise and cloud-based) and geography (North America, APAC, Europe, South America, and MEA). The artificial intelligence platforms market report also offers information on several market vendors, including Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., International Business Machines Corp., Microsoft Corp., Palantir Technologies Inc., Salesforce.com Inc., SAP SE, SAS Institute Inc., and Tata Consultancy Services Ltd. among others.

What will the Artificial Intelligence Platforms Market Size be During the Forecast Period?

Artificial Intelligence Platforms Market Size

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Artificial Intelligence Platforms Market: Key Drivers, Trends, and Challenges

The rise in demand for ai-based solutions is notably driving the artificial intelligence platforms market growth, although factors such as rise in data privacy issues may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the artificial intelligence platforms industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Artificial Intelligence Platforms Market Driver

One of the key factors driving growth in the artificial intelligence platforms market is the rise in demand for AI-based solutions. With the increasing application of robotics in repetitive and risky tasks, end-users are increasingly seeking avenues to eliminate the drawbacks of industrial automation and robotic technologies. These limitations arise due to factors such as the cost, computational capacity, storage, size, power supply, motion mode, and working environment.  SMEs are adopting cloud solutions to leverage the scalability of hardware and resources offered by cloud providers. Organizations can scale their workload only if and when required and thereby eliminate the need to set up their own data centers that involve high CAPEX and operational expenditure (OPEX). The increased need for automation and optimization of business operations are driving more organizations to adopt AI-based solutions. With the increased demand for AI-based solutions in industries, the demand for AI platforms will also increase substantially.

Key Artificial Intelligence Platforms Market Trend

The increasing interoperability among neural networks is another major factor supporting the artificial intelligence platforms market share growth. The ability to exchange information between computer systems, databases, and applications is crucial for enterprises in a modern economy. The ecosystem of DL frameworks, platforms, and tools is growing rapidly, which is compelling data scientists to choose the correct DL framework to accomplish specific tasks. The lack of interoperability among DL frameworks that use neural network tools is limiting the adoption of AI. To address this challenge, AWS, Facebook, and Microsoft collaborated to build the Open Neural Network Exchange (ONNX) in 2017. ONNX eliminates the need to build neural networks for each framework from scratch. Furthermore, ONNX will become an essential ecosystem for the Internet industry. All the key players, ranging from researchers to edge device manufacturers, will rely on ONNX as the standard runtime for forward integration, thus enabling interoperability among different frameworks and increasing the speed of innovation in AI significantly.

Key Artificial Intelligence Platforms Market Challenge

The rise in data privacy issues will be a major challenge for the artificial intelligence platforms market. AI applications involve several safety and security issues. The risk of information leakage is high in AI solutions and can result in the misuse or manipulation of data. Also, customers are concerned about the lack of transparency regarding the use and processing of data. These issues can have several legal and security ramifications related to organizational infrastructure, access control, identity management, risk management, regulatory and legislative compliance, auditing, and logging. AI-based solutions leverage high volumes of data to derive insights for future business planning and optimization of operations. The data processed by AI can be retrieved from several connected devices, which, however, is affecting data security and privacy through data exploitation, identification and tracking, voice and facial recognition, and customer profiling. Moreover, the increasing adoption of cloud-based solutions is another reason for growing data security issues. Cyber attackers can easily access cloud-based data storage systems as cloud solutions are mostly based on open architecture and shared resources.

This artificial intelligence platforms market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global artificial intelligence platform as part of the global application software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the artificial intelligence platforms market during the forecast period.

Who are the Major Artificial Intelligence Platforms Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Alibaba Group Holding Ltd.
  • Alphabet Inc.
  • Amazon.com Inc.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Palantir Technologies Inc.
  • Salesforce.com Inc.
  • SAP SE
  • SAS Institute Inc.
  • Tata Consultancy Services Ltd.

 

This statistical study of the artificial intelligence platforms market encompasses successful business strategies deployed by the key vendors. The artificial intelligence platforms market is concentrated and the vendors are deploying growth strategies such as strategic alliances to compete in the market.

Product Insights and News

  • Alibaba Group Holding Ltd.- The company offers the platform Alibaba cloud intelligence brain.

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.

The artificial intelligence platforms market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Artificial Intelligence Platforms Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the artificial intelligence platforms market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of global application software market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

 

Which are the Key Regions for Artificial Intelligence Platforms Market?

Artificial Intelligence Platforms Market Market segmentation by region

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68% of the market's growth will originate from North America during the forecast period. US is the key market for artificial intelligence platforms market in North America. Market growth in this region will be slower than the growth of the market in APAC, Europe and MEA.

The need for automated machine-driven decisions will facilitate the artificial intelligence platforms market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

AI is contributing to the fight against the COVID-19 pandemic. Multiple AI-powered projects, based on data science, machine learning, and big data, are being used to predict, explain, and manage the different scenarios caused by the COVID-19 pandemic. Furthermore, AI algorithms allow healthcare professionals to diagnose diseases and customize medical care and follow-up plans to get better results. With the outbreak of COVID-19, several companies are focusing on understanding how hospitals work and on helping them deliver better services, which can be achieved by using various AI algorithms.

What are the Revenue-generating Deployment Segments in the Artificial Intelligence Platforms Market?

Artificial Intelligence Platforms Market Segmentation

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The artificial intelligence platforms market share growth by the on-premise segment will be significant during the forecast period. On-premises AI platforms are majorly developed and used by large enterprises that have a global presence with the aim of gaining more control and ownership over their operations as well as the data generated and stored within the application. Organizations apply AI and ML technologies to extract and analyze massive data sets that contain sensitive information. Hence, such organizations prefer to operate through on-premises deployment than in the cloud. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the artificial intelligence platforms market size and actionable market insights on post COVID-19 impact on each segment.

 

Artificial Intelligence Platforms Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 34.62%

Market growth 2021-2025

$ 17.29 billion

Market structure

Concentrated

YoY growth (%)

32.12

Regional analysis

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

Performing market contribution

North America at 68%

Key consumer countries

US, China, UK, Germany, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., International Business Machines Corp., Microsoft Corp., Palantir Technologies Inc., Salesforce.com Inc., SAP SE, SAS Institute Inc., and Tata Consultancy Services Ltd.

Market dynamics

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

Customization purview

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What are the Key Data Covered in this Artificial Intelligence Platforms Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive artificial intelligence platforms market growth during the next five years
  • Precise estimation of the artificial intelligence platforms 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 platforms industry across North America, APAC, Europe, South America, and MEA
  • 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 platforms market vendors

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1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis: Application software market

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
    • 3.4 Market outlook: Forecast for 2020 - 2025
      • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
      • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 08: Five forces analysis 2020 & 2025
    • 4.2 Bargaining power of buyers
      • Exhibit 09: Bargaining power of buyers
    • 4.3 Bargaining power of suppliers
      • Exhibit 10: Bargaining power of suppliers
    • 4.4 Threat of new entrants
      • Exhibit 11: Threat of new entrants
    • 4.5 Threat of substitutes
      • Exhibit 12: Threat of substitutes
    • 4.6 Threat of rivalry
      • Exhibit 13: Threat of rivalry
    • 4.7 Market condition
      • Exhibit 14: Market condition - Five forces 2020

    5 Market Segmentation by Deployment

    • 5.1 Market segments
      • Exhibit 15: Deployment - Market share 2020-2025 (%)
    • 5.2 Comparison by Deployment
      • Exhibit 16: Comparison by Deployment
    • 5.3 On-premise - Market size and forecast 2020-2025
      • Exhibit 17: On-premise - Market size and forecast 2020-2025 ($ million)
      • Exhibit 18: On-premise - Year-over-year growth 2020-2025 (%)
    • 5.4 Cloud-based - Market size and forecast 2020-2025
      • Exhibit 19: Cloud-based - Market size and forecast 2020-2025 ($ million)
      • Exhibit 20: Cloud-based - Year-over-year growth 2020-2025 (%)
    • 5.5 Market opportunity by Deployment
      • Exhibit 21: Market opportunity by Deployment

    6 Customer landscape

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 23: Market share by geography 2020-2025 (%)
    • 7.2 Geographic comparison
      • Exhibit 24: Geographic comparison
    • 7.3 North America - Market size and forecast 2020-2025
      • Exhibit 25: North America - Market size and forecast 2020-2025 ($ million)
      • Exhibit 26: North America - Year-over-year growth 2020-2025 (%)
    • 7.4 APAC - Market size and forecast 2020-2025
      • Exhibit 27: APAC - Market size and forecast 2020-2025 ($ million)
      • Exhibit 28: APAC - Year-over-year growth 2020-2025 (%)
    • 7.5 Europe - Market size and forecast 2020-2025
      • Exhibit 29: Europe - Market size and forecast 2020-2025 ($ million)
      • Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)
    • 7.6 South America - Market size and forecast 2020-2025
      • Exhibit 31: South America - Market size and forecast 2020-2025 ($ million)
      • Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
    • 7.7 MEA - Market size and forecast 2020-2025
      • Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
      • Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
    • 7.8 Key leading countries
      • Exhibit 35: Key leading countries
    • 7.9 Market opportunity by geography
      • Exhibit 36: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • Exhibit 37: Impact of drivers and challenges
      • 8.3 Market trends

        9 Vendor Landscape

        • 9.1 Overview
          • 9.2 Vendor landscape
            • Exhibit 38: Vendor landscape
          • 9.3 Landscape disruption
            • Exhibit 39: Landscape disruption
            • Exhibit 40: Industry risks

          10 Vendor Analysis

          • 10.1 Vendors covered
            • Exhibit 41: Vendors covered
          • 10.2 Market positioning of vendors
            • Exhibit 42: Market positioning of vendors
          • 10.3 Alibaba Group Holding Ltd.
            • Exhibit 43: Alibaba Group Holding Ltd. - Overview
            • Exhibit 44: Alibaba Group Holding Ltd. - Business segments
            • Exhibit 45: Alibaba Group Holding Ltd. - Key news
            • Exhibit 46: Alibaba Group Holding Ltd. - Key offerings
            • Exhibit 47: Alibaba Group Holding Ltd. - Segment focus
          • 10.4 Alphabet Inc.
            • Exhibit 48: Alphabet Inc. - Overview
            • Exhibit 49: Alphabet Inc. - Business segments
            • Exhibit 50: Alphabet Inc. - Key news
            • Exhibit 51: Alphabet Inc. - Key offerings
            • Exhibit 52: Alphabet Inc. - Segment focus
          • 10.5 Amazon.com Inc.
            • Exhibit 53: Amazon.com Inc. - Overview
            • Exhibit 54: Amazon.com Inc. - Business segments
            • Exhibit 55: Amazon.com Inc. - Key news
            • Exhibit 56: Amazon.com Inc. - Key offerings
            • Exhibit 57: Amazon.com Inc. - Segment focus
          • 10.6 International Business Machines Corp.
            • Exhibit 58: International Business Machines Corp. - Overview
            • Exhibit 59: International Business Machines Corp. - Business segments
            • Exhibit 60: International Business Machines Corp. - Key news
            • Exhibit 61: International Business Machines Corp. - Key offerings
            • Exhibit 62: International Business Machines Corp. - Segment focus
          • 10.7 Microsoft Corp.
            • Exhibit 63: Microsoft Corp. - Overview
            • Exhibit 64: Microsoft Corp. - Business segments
            • Exhibit 65: Microsoft Corp. - Key offerings
            • Exhibit 66: Microsoft Corp. - Segment focus
          • 10.8 Palantir Technologies Inc.
            • Exhibit 67: Palantir Technologies Inc. - Overview
            • Exhibit 68: Palantir Technologies Inc. - Product and service
            • Exhibit 69: Palantir Technologies Inc. - Key news
            • Exhibit 70: Palantir Technologies Inc. - Key offerings
          • 10.9 Salesforce.com Inc.
            • Exhibit 71: Salesforce.com Inc. - Overview
            • Exhibit 72: Salesforce.com Inc. - Business segments
            • Exhibit 73: Salesforce.com Inc. - Key news
            • Exhibit 74: Salesforce.com Inc. - Key offerings
          • 10.10 SAP SE
            • Exhibit 75: SAP SE - Overview
            • Exhibit 76: SAP SE - Business segments
            • Exhibit 77: SAP SE - Key news
            • Exhibit 78: SAP SE - Key offerings
            • Exhibit 79: SAP SE - Segment focus
          • 10.11 SAS Institute Inc.
            • Exhibit 80: SAS Institute Inc. - Overview
            • Exhibit 81: SAS Institute Inc. - Product and service
            • Exhibit 82: SAS Institute Inc. - Key news
            • Exhibit 83: SAS Institute Inc. - Key offerings
          • 10.12 Tata Consultancy Services Ltd.
            • Exhibit 84: Tata Consultancy Services Ltd. - Overview
            • Exhibit 85: Tata Consultancy Services Ltd. - Business segments
            • Exhibit 86: Tata Consultancy Services Ltd. - Key news
            • Exhibit 87: Tata Consultancy Services Ltd. - Key offerings
            • Exhibit 88: Tata Consultancy Services Ltd. - Segment focus

          11 Appendix

          • 11.1 Scope of the report
            • 11.2 Currency conversion rates for US$
              • Exhibit 89: Currency conversion rates for US$
            • 11.3 Research methodology
              • Exhibit 90: Research Methodology
              • Exhibit 91: Validation techniques employed for market sizing
              • Exhibit 92: Information sources
            • 11.4 List of abbreviations
              • Exhibit 93: 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
            Technavio

            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?
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            Artificial Intelligence Platforms Market market growth will increase by $17292.86 million during 2021-2025.
            The artificial intelligence platforms market market is expected to grow at a CAGR of 34.62% during 2021-2025.
            Technavio has segmented the artificial intelligence platforms market market by deployment (On-premise and Cloud-based) and geographic (North America, APAC, Europe, South America, MEA, North America, APAC, Europe, South America, and MEA).
            Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., International Business Machines Corp., Microsoft Corp., Palantir Technologies Inc., Salesforce.com Inc., SAP SE, SAS Institute Inc., Tata Consultancy Services Ltd. are a few of the key vendors in the artificial intelligence platforms market market.
            North America will register the highest growth rate of 68.21% among the other regions. Therefore, the artificial intelligence platforms market 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 platforms market market growth are:
            • Rise in demand for AI-based solutions
            • Increasing interoperability among neural networks
            The artificial intelligence platforms market market vendors should focus on grabbing business opportunities from the on-premise segment as it accounted for the largest market share in the base year.
            • What are the key global market and the regional market share?
            • What are the revenue-generating key market segments?
            • What are the key factors driving and challenging this market’s growth?
            • Who are the key market vendors and their growth strategies?
            • What are the latest trends influencing the growth of this market?
            • What are the variables influencing the market growth in the primary regions?
            • What are the factors influencing the growth of the parent market?
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            • Data on revenue-generating market segments
            • Details on the market shares of various regions
            • Five-force market analysis

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