Growth of Artificial Intelligence Platform Market with leading key players like Microsoft, Google, Salesforce, IBM , Intel, Amazon Web Services, HPE, Ayasdi, Qualcomm Technologies,Absolutdata

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Table of Contents
• Introduction
• Research Methodology
• Executive Summary
• Premium Insights
• Market Overview
• Artificial Intelligence Platform Market, By Component
• Artificial Intelligence Platform Market, By Deployment Mode
• Artificial Intelligence Platform Market, By Application
• Artificial Intelligence Platform Market, By End-User
• Artificial Intelligence Platform Market, By Region
• Competitive Landscape
• Company Profiles
• Appendix

The market for Artificial Intelligence Platform is expected to grow from US$ 2.61 Billion in 2017 to US$ 9.88 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 30.5%. The proliferation of data generation is the major factor driving the growth of the AI platform market. To sustain in a competitive market, analysis of raw data has become important to understand the customer behavior, increasing revenue and, better decision-making, for various industry sectors.

Top Key Players in the “Artificial Intelligence Platform Market” include are
• Microsoft (US)
• Google (US)
• Salesforce (US)
• IBM (US)
• Intel (US)
• Amazon Web Services (US)
• HPE (US)
• Ayasdi (US)
• Qualcomm Technologies (US)
• Absolutdata (California US)

“Forecasts and prescriptive models application segment is expected to have the largest market size during the forecast period”
The applications in the Artificial Intelligence Platform Market include forecasts and prescriptive models, chatbots, speech recognition, text recognition, and others (face detection and sentiment analysis). Forecasts and prescriptive models help various organizations to optimize their strategy and operational efforts by providing analysis of historical data. Moreover, the models are beneficial in the analysis of total sales, customer purchase behavior and patterns, and many more.

“Asia Pacific (APAC) is expected to witness the highest growth rate during the forecast period”
APAC is estimated to grow with the highest CAGR during the forecast period. Factors, such as higher technological advancement in the region, the rapid expansion of domestic enterprises, and higher development of infrastructure are driving the growth of Artificial Intelligence Platform across different industry verticals. The North American region is expected to have the largest market share during the forecast period.

Study Objectives:
The objective of the study is to define, describe, and forecast the global Artificial Intelligence platform market on the basis of tools (Natural Language Processing (NLP) and Machine Learning (ML)), services (managed and professional), deployment modes (cloud and on-premises), applications (forecasts and prescriptive models, chatbots, speech recognition, text recognition, and others (includes face detection, sentiment analysis)), and regions.

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Target Audience for Artificial Intelligence Platform Market:
• Initial public offering/venture capitalist/angel investors
• Artificial Intelligence Platform software and service providers
• Information security directors/managers
• Banking, Financial Services, and Insurance (BFSI), healthcare, retail, and manufacturing organizations
• IT directors/consultants
• Government organizations
• Consultants/advisory firms
• Managed service providers
• Training and education service providers

Reason to buy this report:

• The report segments the market into various sub segments; hence it covers the market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub segments. The market numbers are further split across different application areas and regions.

• The report helps in understanding the competitors better and gaining more insights to strengthen the organization’s position in the market. The study also presents the positioning of the key players based on their product offerings and business strategies.

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