Artificial Intelligence as a Service Market: Growth Analysis By Revenue, Size, Share, Scenario on Latest Trends & Types, Applications to Forecast 2022-2031

Artificial Intelligence as a Service (AIaaS) is basically third-party offering of AI outsourcing. So, individuals get to take advantage AI without spending too much money, finance in the same and at a much lower level of risk involved.

There are many AI supplier platforms that present totally different kinds of Machine Learning as well as AI. These variations can be utilized by different organizations and this may help them ascertain their need for AI and whether AI works for them or not. There are some Cloud AI service providers which provide specialized hardware needed for few AI tasks, like GPU based process for intensive workloads etc. buying such hardware and software package may be too expensive in the beginning. Coupled with staffing and maintenance prices, as well as hardware changes for different tasks, makes AIaaS cost prohibitive to many organizations thus AIaaS seems to be a solution for a lot of organizations. This is done to decrease entry prices that other corporations have to pay if they want to use AI.

Market Insights

The global Artificial Intelligence as a Service market is expected to be around US$ 14.7 Billion by 2025 at a CAGR of 47% in the given forecast period.

The global Artificial Intelligence as a Service market is segregated on the basis of Services as Cognitive Computing APIs, Custom Cognitive Computing APIs, and Conversational AI. Based on Organization Size the global Artificial Intelligence as a Service market is segmented in SMEs and Large Enterprises. Based on End-User Industry the global Artificial Intelligence as a Service market is segmented in Retail and E-commerce, Healthcare and Life Sciences, BFSI, Government & Defense, Telecom, Manufacturing, and Energy & Power.

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Based on Software, the global Artificial Intelligence as a Service market is segmented in Data Storage & Archiving, Modeler & Processing, Cloud & Web-Based Application, and Others. The report also bifurcates the global Artificial Intelligence as a Service market based on Technology in Machine Learning and Deep Learning and Natural Language Processing.

The global Artificial Intelligence as a Service market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Artificial Intelligence as a Service market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry
AWS, IBM, Microsoft Co, Google, SAP, Salesforce, Baidu, Intel Co, Fair Isaac Co, BigML, and others are among the major players in the global Artificial Intelligence as a Service market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Artificial Intelligence as a Service Market has been segmented as below:
Artificial Intelligence as a Service Market, By Services

  • Cognitive Computing APIs
  • Custom Cognitive Computing APIs
  • Conversational AI

Artificial Intelligence as a Service Market, By Organization Size

  • SMEs
  • Large Enterprises

Artificial Intelligence as a Service Market, By End-User Industry

  • Retail and E-commerce
  • Healthcare and Life Sciences
  • BFSI
  • Government & Defense
  • Telecom
  • Manufacturing
  • Energy & Power

Artificial Intelligence as a Service Market, By Software

  • Data Storage & Archiving
  • Modeler & Processing
  • Cloud & Web-Based Application
  • Others


Artificial Intelligence as a Service Market, By Technology

  • Machine Learning and Deep Learning
  • Natural Language Processing

Artificial Intelligence as a Service Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Artificial Intelligence as a Service Market, By Company

  • AWS
  • IBM
  • Microsoft Co
  • Google
  • SAP
  • Salesforce
  • Baidu
  • Intel Co
  • Fair Isaac Co
  • BigML

The report covers:
Global Artificial Intelligence as a Service market sizes from 2016 to 2025, along with CAGR for 2019-2025
Market size comparison for 2017 vs 2025, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2025

Global Artificial Intelligence as a Service market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Artificial Intelligence as a Service market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players

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Report Scope:
The global Artificial Intelligence as a Service market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Artificial Intelligence as a Service market share. Major industry players with significant revenue share include AWS, IBM, Microsoft Co, Google, SAP, Salesforce, Baidu, Intel Co, Fair Isaac Co, BigML, and others.

Reasons to Buy this Report:
Gain detailed insights on the Artificial Intelligence as a Service industry trends
Find complete analysis on the market status
Identify the Artificial Intelligence as a Service market opportunities and growth segments
Analyze competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making

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