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Artificial Intelligence (AI) as a Service Market


The study segments Artificial Intelligence (AI) as a Service industry in light of major classification such as product type, potential markets, application, and end-user. – PowerPoint PPT presentation

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Date added: 30 July 2020
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Title: Artificial Intelligence (AI) as a Service Market

Artificial Intelligence (AI) as a Service Market
To Reach USD 33.07 Billion By 2026
Market Summary
The rise in demand for Intelligent Business
Applications, increased requirement for
Integrators of AI Service, rise in investment of
cloud technology and AI resulted in boosting
Artificial Intelligence (AI) as a service
market. Market Size USD 1.62 Billion in 2018,
Market Growth - CAGR of 45.6, Market Trends The
rise in the demand for Intelligent Business
Applications The Global Artificial Intelligence
(AI) as a service market is forecast to reach USD
33.07 Billion by 2026, according to a new report
by Reports and Data. Artificial Intelligence (AI)
as a service market is considered to be a highly
lucrative market in the upcoming years. During
the forecast period, the market is observed to
experience considerable growth. The major factors
promoting the growth of the market is the drastic
rise in the adoption of cloud-based solutions and
the hiked demand for AI market. The increased
adoption of cloud-based solutions makes the
incorporation of Artificial Intelligence (AI)
services easy and effective. The cloud technology
provides with required information and support
for AI learning process, which positively impacts
the growth of the market. In various end-user
industries, there has been an elevated demand for
cognitive computing, which also acts as a driving
factor for the expansion of the market.
Our Approach
Market Summary
  • In addition to the factor mentioned above, one of
    the mentionable traits of AI is the ability and
    support it provides to machines to react, act,
    learn, and think like human beings. As a result
    of the mentioned characteristics, it turns out to
    be an effective decision making and data
    analytics tool that helps in deciding based on
    past data and identified patterns. It is the
    mentioned traits of AI, which has resulted in
    it's increase in different industries that have a
    positive impact on the growth of the market. The
    industry is witnessing continuous evolutions,
    which are also enriching the market. In 2018,
    Google, a key player of the industry, introduced
    Google Duplex that is capable of performing
    realistic tasks and conduct natural conversations
    over the phone, like making a call and having
    human-like conversations. Such advancements by
    key players are also boosting the growth of the
  • Request for a sample of this research report _at_

Our Approach
Market Summary
  • Key participants include IBM, Microsoft, Amazon,
    Google, FICO, SAS Institute, IRIS AI, Salesforce,
    Mighty.AI, and Craft.AI.
  • For the purpose of this report, Reports and Data
    have segmented the global Computer Vision System
    market according to Service type, Technologies,
    Organizational size, Deployment mode, End-user,
    End-user ownership, Application, and Region
  • Service type Outlook (Revenue, USD Billion
  • Services
  • Software Tools
  • Technologies type Outlook (Revenue, USD Billion
  • Machine Learning and Deep Learning
  • Natural Language Processing
  • Computer Vision
  • Others
  • Organizational size type Outlook (Revenue, USD
    Billion 2020-2026)
  • Large Enterprises
  • Small and Medium-Sized Enterprises
  • Deployment mode type Outlook (Revenue, USD
    Billion 2020-2026)
  • On-premises
  • Cloud

Our Approach
Market Summary
  • End-user ownership type Outlook (Revenue, USD
    Billion 2020-2026)
  • Public
  • Private
  • Application Type Outlook (Revenue, USD Billion
  • Fraud Detection
  • Data Analytics Visualization
  • Customer Service and management
  • Risk Management
  • Compliance Security
  • Others
  • Regional Outlook (Revenue, USD Billion
  • North America
  • Europe
  • Asia Pacific
  • MEA
  • Order Now https//

About Us
Our Approach
About Us
  • Reports and Data is a market research and
    consulting company that provides syndicated
    research reports, customized research reports,
    and consulting services. Our solutions purely
    focus on your purpose to locate, target and
    analyze consumer behavior shifts across
    demographics, across industries and help clients
    make a smarter business decision. We offer market
    intelligence studies ensuring relevant and
    fact-based research across a multiple industries
    including Healthcare, Technology, Chemicals,
    Power, and Energy. We consistently update our
    research offerings to ensure our clients are
    aware about the latest trends existent in the
    market. Reports and Data has a strong base of
    experienced analysts from varied areas of
  • Contact Us
  • John Watson
  • Head of Business Development
  • Reports And Data Web
  • Direct Line 1-212-710-1370
  • E-mail