Press release
The Rise of Intelligent Applications: Global Market Outlook 2024
Intelligent Apps Market Industry
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Report Coverage & Details:
• Forecast Period: 2024-2033
• Base Year: 2023
• Market Size In 2024: $56.62 billion
• Revenue Forecast In 2033: $193.03 billion
• CAGR: 35.9%
Global Intelligent Apps Market: Segmentation
The intelligent apps market covered in this report is segmented -
1) By Type: Consumer Apps, Enterprise Apps, Providers, Infrastructure, Data Collection and Preparation, Machine Intelligence
2) By Store Type: Google Play, Apple App Store, Other Stores
3) By Operating System: IOS, Android, Services, Professional Services, Managed Services
4) By Deployment Mode: Cloud, On- Premises
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Intelligent Apps Market Report: Growth Drivers
The rising demand for enterprise applications is projected to drive the growth of the intelligent apps market in the future. Enterprise applications are extensive software solutions crafted to support and optimize intricate business processes and functions within organizations. Intelligent apps frequently integrate with or enhance enterprise applications by utilizing AI and machine learning to improve efficiency, data analytics, and decision-making capabilities, thereby addressing the evolving needs of modern enterprises. For example, in May 2022, Eurostat, a statistical office of the European Union based in Luxembourg, reported that in 2021, 38% of enterprises in the European Union (EU) utilized enterprise resource planning (ERP) software applications. Additionally, ERP adoption varied, with 33% of small enterprises and 81% of large enterprises employing these applications. Thus, the increasing demand for enterprise applications is fueling the growth of the intelligent apps market.
Key Developments:
Salesforce Strengthens AI Capabilities With Acquisition Of Airkit.ai For Enhanced Customer Experiences
In October 2023, Salesforce Inc., a US-based software company, acquired Airkit.ai for an undisclosed amount. The acquisition of Airkit.ai by Salesforce enhances its AI capabilities, particularly in customer service applications, fostering innovation and accelerating the development of AI-driven customer experiences within the Customer 360 Platform. Airkit.ai is a US-based developer of flexible, omni-channel customer engagement applications and AI-based customer service agents.
Top Market Leader Included:
Amazon.com Inc., Apple Inc., Alphabet Inc., Samsung Electronics Co. Ltd., Microsoft Corporation, China Mobile Limited, Meta Platforms Inc., Huawei Technologies Co. Ltd., Intel Corporation, International Business Machines Corporation (IBM), Oracle Corporation, SAP SE, Hewlett Packard Enterprise Company, Salesforce Inc., Cognizant Technology Solutions Corporation, Baidu Inc., ServiceNow Inc., Twilio Inc., Pegasystems Inc., TIBCO Software Inc., BlackBerry Limited, MicroStrategy Incorporated, CloudMinds Inc., Zebra Medical Vision Ltd., Avaamo Inc., iCarbonX, Clarifai Inc., Arkenea Inc
Intelligent Apps Industry: Regional Landscape
North America was the largest region in the intelligent apps market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intelligent apps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the intelligent apps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
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What Does The Global Intelligent Apps Market Report Include?
1.Introduction
• Overview of the Intelligent Apps Market
• Comprehensive Analysis of Intelligent Apps Market
2. Intelligent Apps Market Drivers and Restraints
• Drivers and Restraints For Historic And Forecast Period
3. Intelligent Apps Market Segmentation
• By Drug Class
• By Indication
• By Distribution Channel
4. Competitive Landscape And Company Profiles In The Intelligent Apps Market
• Overview
• Products and Services
• Strategy
5. Intelligent Apps Market Regional And Country Analysis
• By Region
• By Country
6. Market Trends And Opportunities In Intelligent Apps Market
• Technological Advancements
• Emerging Trends
7. Intelligent Apps Market Future Outlook and Potential Analysis
• Growth Strategies
• New Opportunities
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