Global Artificial Intelligence-as-a-Service (AIaaS) Market 2019-2023
About this market
Manufacturers are using AIaaS with machines using national language processing (NLP). This is identified as one of the key trends that will gain traction in the market during the forecast period. They use NLP as it helps in reading text, measuring sentiments, and computer systems to hear speech. Reports and Markets analysts have predicted that the global artificial intelligence-as-a-service (AIaaS) market will register a CAGR of over 48% by 2023.
Market Overview
The use of advanced infrastructure at a reduced cost
AI is a complex machine. It includes high investments as It requires hardware such as software and sensors and maintenance and repair costs. This encouraged enterprises to outsource these tasks to AIaaS providers by avoiding direct costs associated with the implementation of AI.
Threat from open source AI-solutions
Open-source AI solutions can be run on all platforms and downloaded free of cost. As a result, they are becoming increasingly popular in developing economies.
For the detailed list of factors that will drive and challenge the growth of the global artificial intelligence-as-a-service (AIaaS) market during 2019-2023, view our report.
Completive landscape
The market appears to be highly fragmented with the presence of many companies. Factors such as the integration of AIaaS with machines using national language processing (NLP)and the use of advanced infrastructure at a reduced cost, will provide considerable growth opportunities to artificial intelligence-as-a-service (AIaaS) vendors. Alphabet, Amazon.com, IBM, Microsoft, and SAP are some of the major companies covered in this report.
Executive summary
Scope of the report
Market landscape
Market ecosystem
Table Global artificial intelligence market
Table Segments of global artificial intelligence market
Market characteristics
Table Market characteristics
Market segmentation analysis
Table Market segments
Market sizing
Market definition
Table Market definition - Inclusions and exclusions checklist
Market sizing 2018
Table Market size 2018
Market size and forecast 2018-2023
Table Global market: Size and forecast 2018-2023 ($ millions)
Table Global market: Year-over-year growth 2019-2023 (%)
Five forces analysis
Table Five forces analysis 2018
Table Five forces analysis 2023
Bargaining power of buyers
Table Bargaining power of buyers
Bargaining power of suppliers
Table Bargaining power of suppliers
Threat of new entrants
Table Threat of new entrants
Threat of substitutes
Table Threat of substitutes
Threat of rivalry
Table Threat of rivalry
Market condition
Table Market condition - Five forces 2018
Market segmentation by end-user
Table End-user - Market share 2018-2023 (%)
Comparison by end-user
Table Comparison by end-user
BFSI - Market size and forecast 2018-2023
Table BFSI - Market size and forecast 2018-2023 ($ millions)
Table BFSI - Year-over-year growth 2019-2023 (%)
Retail - Market size and forecast 2018-2023
Table Retail - Market size and forecast 2018-2023 ($ millions)
Summary: Get latest Market Research Reports on Artificial Intelligence-as-a-Service (AIaaS). Industry analysis & Market Report on Artificial Intelligence-as-a-Service (AIaaS) is a syndicated market report, published as Global Artificial Intelligence-as-a-Service (AIaaS) Market 2019-2026. It is complete Research Study and Industry Analysis of Artificial Intelligence-as-a-Service (AIaaS) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.