DUBLIN--(BUSINESS WIRE)--The "Artificial Intelligence as a Service (AIaaS) Market by Technology, Organization Size and Industry Vertical - Global Opportunity Analysis and Industry Forecast, 2017-2025" report has been added to ResearchAndMarkets.com's offering.
The global artificial intelligence as a service market (AIaaS) accounted for $2,397.2 million in 2017, and is expected to reach $77,047.7 million by 2025, growing at a CAGR of 56.7% from 2018 to 2025.
The market for artificial intelligence as a service is primarily driven by the increased adoption of cloud services in end-user industries. However, lack of skilled workforce is expected to hinder the market growth.
In 2017, North America dominated the global market, in terms of revenue, accounting for about 47.0% share of the global market, followed by Asia-Pacific.
Select Findings
- In 2017, the IT & telecom segment dominated the global artificial intelligence as a service market, in terms of revenue, and is projected to grow at a CAGR of 57.4% during the forecast period.
- The machine learning segment is projected to grow at a CAGR of 55.9% during the forecast period.
- North America is projected to be one of the fastest growing region in the artificial intelligence as a service market and is expected to witness high growth rate.
Key Players
- Alphabet Inc. (Google Inc.)
- Apple Inc.
- Amazon Inc.
- IBM Corporation
- Cognitive Scale, Inc.
- Microsoft Corporation
- Intel, Inc.
- SAP SE
- Salesforce, Inc.
- Fair Isaac Corporation
Topics Covered
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Artificial Intelligence as a Service Market, by Technology
Chapter 5: Artificial Intelligence as a Service Market, by Organization Size
Chapter 6: Artificial Intelligence as a Service Market, by Industry Vertical
Chapter 7: Artificial Intelligence as a Service Market, by Region
Chapter 8: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/p7xbzs/the_worldwide?w=4
