Artificial Intelligence as a Service (AIaaS) Market Expected to Grow at 56.7% CAGR to 2025 | Alphabet, Apple, Amazon., IBM Corporation, CognitiveScale, Microsoft Corporation, Intel
Artificial Intelligence as a Service (AIaaS) is a third-party provision of artificial intelligence (AI) outsourcing. It enables people and organizations to explore different avenues for different purposes without high investment for initial installation and involves low risk. Most smart vendors, whether software firms, consultants, or professional service firms, offer or partner with firms that can offer a full suite of services to help support a large-scale AI solution.
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Companies Profiled in this report includes: Alphabet Inc. (Google Inc.), Apple Inc., Amazon Inc., IBM Corporation, CognitiveScale, Inc., Microsoft Corporation, Intel, Inc., SAP SE, Salesforce, Inc., Fair Isaac Corporation
The global artificial intelligence as a service market size (AIaaS Market size) is expected to reach $77,047.7 million in 2025, from $2,397.2 million in 2017 growing at a CAGR of 56.7% from 2018 to 2025. AIaaS incorporates a range of services that offer AI tools through cloud computing services. Google, IBM, Intel, Microsoft, and Apple Inc. are some of the leading players of the global AIaaS market.
Increased penetration of cloud-based solutions and growth associated with the artificial intelligence and cognitive computing market are the major factors that boost the growth of the AIaaS market. In addition, growth in IT expenditure in emerging nations and technological advancement for workflow optimization fuel the demand for advanced analytical systems driving the artificial intelligence as a service market. However, limited availability of trained professionals is expected to impede the market growth. Furthermore, increase in application areas and growth of IoT are the factors expected to create lucrative growth opportunities for the artificial intelligence as a service market.
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Table of Content:
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
8.1. Alphabet Inc. (Google LLC)
8.2. Amazon.Com, Inc. (Amazon Web Services, Inc.)
8.3. Apple Inc.
8.4. CognitiveScale, Inc.
8.5. Fair Isaac Corporation
8.6. International Business Management Corporation
8.7. Intel Corporation
8.8. Microsoft Corporation
8.9. salesforce.com, inc.
8.10. SAP SE
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