AI As A Service Market By Product Type, By Manufacturers, By End-User And Market Trend Analysis Forecast 2032
Posted by Amruta Pritam on November 19th, 2023
The AI As A Service Global Market Report 2023, provides comprehensive information on the ai as a service market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global AI as a service market size is expected to grow from .84 billion in 2022 to .86 billion in 2023 at a compound annual growth rate (CAGR) of 44.28%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global AI as a service market size is expected to reach .28 billion in 2027 at a CAGR of 44.73%.
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Technology advancements are a key trend gaining popularity in the AI as a service market. Companies operating in the AI as a service market are adopting new technologies to sustain their position in the market. For instance, in March 2023, Nvidia Corporation, a US-based software company launched new cloud supercomputing service technology named "DGX Cloud" to offer GPU supercomputers-as-a-Service. It gives businesses access to hardware and software for developing cutting-edge models for generative AI and other uses.
The ai as a service market is segmented:
1) By Component: Solutions, Services
2) By Offering: Infrastructure As A Service, Platform As A Service, Software As A Service
3) By Deployment: Public, Private, Hybrid
4) By Organization Size: Small And Medium-Sized Enterprises, Large Enterprises
5) By Industry: Banking, Finance Services, And Insurance (BFSI), Information Technology (IT) And Telecom, Retail, Manufacturing, Public Sector, Energy And Utilities, Healthcare, Other Industries
North America was the largest region in the ai as a service market in 2022.
The table of contents in TBRC’s ai as a service market report includes:
1. Executive Summary
2. AI As A Service Market Characteristics
3. AI As A Service Market Trends And Strategies
4. AI As A Service Market - Macro Economic Scenario
5. AI As A Service Market Size And Growth
26. Africa AI As A Service Market
27. AI As A Service Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The AI As A Service Market
29. AI As A Service Market Future Outlook and Potential Analysis
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About the AuthorAmruta Pritam
Joined: September 20th, 2022
Articles Posted: 499
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