Press release
Enterprise Artificial Intelligence Market Projected to Reach USD 281.3 billion by 2032
Enterprise Artificial Intelligence Market
Enterprise Artificial Intelligence (EAI) is a term for the application of artificial intelligence (AI) technology to business problems. EAI solutions are designed to help organizations automate tasks, improve decision making, and gain insights from data. EAI technology can be used for a variety of tasks, including automating customer service, improving marketing campaigns, and optimizing supply chain management. EAI solutions are often deployed as part of a larger digital transformation strategy, as they can help organizations automate manual processes and improve decision making. While EAI solutions can offer significant benefits, they also come with some risks, such as the potential for bias in algorithms. As such, it is important for organizations to carefully consider their needs before deploying EAI solutions.
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Key Players
• Alphabet Inc.
• Apple Inc.
• Amazon Web Services, Inc
• IBM
• IPsoft Inc.
• MicroStrategy Incorporated
• NVIDIA Corporation
• SAP SE
• Verint Systems Inc.
• Wipro Limited
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Global Enterprise Artificial Intelligence Market Segmentation
By Deployment
• On-Premise
• Cloud
By Organization Size
• Small & Medium-sized Enterprises
• Large Enterprises
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Market Trends and Drivers
Factors such as the growing demand for virtual assistants, chatbots, and robots from numerous enterprises and the increasing need to analyze exponentially growing demand for data sets are driving the demand for artificial intelligence among enterprises. Additionally, the shift of businesses from traditional to digital platforms is fueling the demand for artificial intelligence technology in enterprises worldwide. Moreover, increasing adoption of artificial intelligence in enterprises to enhance customer satisfaction, provide better organization management, and organize data sets are the key factors boosting the demand for artificial intelligence in enterprises. Several AI service providers are innovating and developing new products & services by collaborating with several government institutes, and research & development departments to fulfill the growing demand for AI in the market
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