Artificial Intelligence Platform Market Growth Opportunities, Product Scope, and Revenue Estimation by 2030

Artificial Intelligence Platform is a framework designed for various industries to operate more efficiently and intelligently than traditional frameworks. It can help to reduce costs in a number of methods such as preventing duplication of work, automating easier tasks, and eliminating several expensive activities, such as copying or extracting of data.

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An artificial intelligence platform also provides data management, guaranteeing the use of best methods by a team of artificial intelligence researchers and machine learning experts. It helps to ensure that the work is distributed uniformly and completed quickly. Usage of artificial intelligence to evaluate big data can provide a greater understanding of both the external and internal factors impacting a business.

Major players include: Microsoft Corporation, Alphabet Inc., Salesforce.com Inc., International Business Machines Corporation, Intel Corporation, Amazon Web Services, Qualcomm Inc., Absolutdata Analytics, HP Inc., Ayasdi AI LLC.

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Artificial intelligence platform promises to make a substantial growth over the next decade with the implementation in various sectors. The use of artificial intelligence to process huge datasets will bring enhancements to business intelligence and analytics among several other technologies.

The changes in methodology of various sectors toward automation to increase the productivity of the organizations, and rise in demand for smart virtual assistant are the factors responsible for the growth of artificial intelligence platform market. In addition, rise in the demand for artificial intelligence and machine learning based solutions are responsible for market growth.

However, lack of skilled professionals and security related issues such as data privacy and unreliability are the factors hampering the growth of artificial intelligence platform industry. Furthermore, increase in innovations across end-users and use of artificial intelligence to identify business trends are expected to provide lucrative opportunities to the growth of AI platform market.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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