ReportsnReports offers a global report on “Artificial Intelligence (AI) as a Service Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 185 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
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The Artificial Intelligence (AI) as a Service Market is expected to grow from US$ 1.52 Billion in 2018 to US$ 10.88 Billion by 2023, at a CAGR of 48.2% during the forecast period.
Verticals in the AI as a service market include Banking, Financial Services, and Insurance (BFSI), healthcare and life sciences, retail, telecommunications, government and defense, manufacturing, energy, and others (Education, Agriculture, Transportation, and Media and Entertainment).
North America is expected to witness the maximum adoption of Artificial Intelligence (AI) as a Service, owing to the factors, such as technological advancements, the growing need to analyze large volumes of data, and the increasing need for intelligent business processes. Apart from these factors, the growing government initiatives in enhancing the existing infrastructures and smart city programs are also expected to drive the demand for AI as a service across the region during the forecast period.
#Top Key Players- International Business Machines Corporation (IBM, US), SAP SE (Germany), Google (US), Amazon Web Service, Inc. (AWS, US), Salesforce (US), Intel (US), Baidu, Inc. (China), Fair Isaac Corporation (FICO, US), SAS Institute (US), and BigML (US).
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