Press release
Enterprise AI Market to Reach USD 98730.48 Mn by 2029, emerging at a CAGR of 48.7 percent and forecast 2023-2029
Enterprise AI Market
In this comprehensive market report, the Enterprise AI market is dissected based on its deployment type, technology, industry vertical, and regional presence. Offering a value-based analysis (in Million) for the market, the report shines a spotlight on its size and potential. Key segments include Cloud and On-Premises for deployment type, while services such as Machine Learning, Natural Language Processing, Image Processing, and Speech Recognition are highlighted. The market also spans across various industry verticals, encompassing IT and Telecommunication, retail, banking, financial services, and insurance, government and public sector, healthcare, media and entertainment, manufacturing, education, and other sectors.
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Enterprise AI Market Research Methodology:
The research methodology applied to this report involves a meticulous examination of historical data, enabling the presentation of vital information for the historical period. Furthermore, the report explores data segments contributed by market participants across different regions, offering an in-depth perspective.
What are Enterprise AI Market Dynamics:
Artificial Intelligence (AI) empowers computer systems to execute tasks that typically demand human intervention, including speech recognition, decision-making, visual perception, and language translation. This transformative technology has revolutionized the enterprise AI sector, offering opportunities for increased customer satisfaction, productivity improvement, and integration of big data. However, challenges such as a shortage of skilled labor, risks to human dignity, and other potential pitfalls present constraints. The impact of these factors is anticipated to be minimal, given the introduction of new technologies to the market.
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What is Enterprise AI Market Segmentation:
by Deployment Type
Cloud
On-Premises
by Industry Vertical
IT and Telecommunication
Retail
Banking
Financial Services and Insurance
Government and Public sector
Healthcare
Media and Entertainment
Manufacturing
Education
by Technology
Machine Learning
Natural Language Processing
Image Processing
Speech Recognition
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Who are Enterprise AI Market Key Players:
1.IBM (US)
2.AWS (US)
3.Intel (US)
4.Google (US)
5.HPE (US)
6.Oracle (US)
7.Microsoft (US)
8.Sentient Technologies (US)
9.SAP (Germany)
10.Wipro (India)
11.Apple Inc. (US)
12.Alphabet Inc. (US)
13.Verint Systems Inc. (US)
14.MicroStrategy Incorporated (US)
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Table of content for the Enterprise AI Market includes:
Enterprise AI Market: Research Methodology
Enterprise AI Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Enterprise AI Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Enterprise AI Market Regional Insights:
The North American region has dominated the Enterprise AI market, showcasing impressive growth potential in the forecast period. This dominance can be attributed to the presence of major AI companies in the region and the increasing adoption of AI by small and medium-sized enterprises (SMEs) and large enterprises. In contrast, the Asia Pacific region is poised to experience robust growth due to surging demand for enterprise AI in developing economies like China, India, and Japan. The rise of AI investments has been particularly notable in North America, driving the emergence of several market players. The application of enterprise AI technology is successfully transforming various business processes in North America, including automation, marketing, customer support, and security management.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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