Press release
Global Artificial Intelligence Software As A Service (SaaS) Market Report 2025: Exponential Growth, Key Drivers, and Emerging Trends
"The AI SaaS market is projected to surge, driven by vast improvements in computing power, rising business intelligence applications, enhanced edge AI applications, and a shift towards industry-specific AI solutions.
What Is The Projected Market Size Of The Global Artificial Intelligence Software As A Service (SaaS) Market And Its Growth Rate?
The AI SaaS market has witnessed a significant surge recently and this growth is expected to accelerate. Some key statistics include:
• Market growth from $251.7 billion in 2024 to $338.94 billion in 2025 at a CAGR of 34.7%, driven by big data availability, cloud computing infrastructure growth, demand for predictive analytics, IoT expansion, and natural language processing adoption.
• The market size is projected to reach $1240.38 billion in 2029 at a CAGR of 38.3%, propelled by advancements in computing power, business intelligence applications increase, enhancement in edge AI applications, industry-specific AI solutions rise, and emphasis on explainable AI in SaaS offerings along with their customization and personalization.
What Is Driving The Growth In The Artificial Intelligence Software As A Service (SaaS) Global Market?
Cloud-based solutions' increasing adoption is expected to boost the AI SaaS market. AI SaaS providers can serve a broader customer base through cloud infrastructure, eliminating the need for extensive hardware or on-site installations thus lowering entry barriers for businesses that want to integrate AI. According to the Office of Communications, end-user spending on public cloud services is expected to increase by 20.7% from 2022 to 2023, reaching £477.7 billion ($524.41 billion).
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Who Are the Key Players Driving Artificial Intelligence Software As A Service (SaaS) Global Market Growth?
The AI SaaS market's key players include
• Amazon Web Services Inc.
• International Business Machines Corporation
• SAP SE
• Salesforce Inc.
• NVIDIA Corp.
• Rockwell Automation Inc.
• UiPath Inc.
• Automation Anywhere Inc.
• C3.ai Inc.
• DataRobot Inc.
• H2O Innovations Inc.
• Blue River Technology Inc.
• Freenome Inc.
• AlphaSense Inc.
• Grammarly Inc.
• People.ai Inc.
• HyperScience
• Rebellion Defense Inc.
• DataVisor Inc.
• Mighty AI
• Vic.ai Inc.
• Kneron Inc.
• Adarga
• OpenAI Inc.
• Clarifai Inc.
What Are The Key Trends In The Artificial Intelligence Software As A Service (SaaS) Global Market?
Key trends anticipated in the AI SaaS market include:
• Evolution of deep learning techniques
• Development of AI-powered virtual assistants
• Advances in machine learning algorithms
• Development of Industry 4.0 AI SaaS solutions
• Continuous learning and adaptation of AI SaaS.
What Are The Segments Of The Global Artificial Intelligence Software As A Service (SaaS) Market?
The AI SaaS market segments include:
• By Deployment: Cloud-Based, On-Premise
• By Organization Size: Large Enterprise, Small And Medium Enterprise
• By Vertical: BFSI, Retail And E-Commerce, Healthcare And Life Sciences, IT And ITeS, Telecommunications, Government And Defense, Manufacturing, Energy And Utilities, Other Verticals.
Which Region Leads The Artificial Intelligence Software As A Service (SaaS) Global Market?
North America remains the largest region in the artificial intelligence software as a service (SaaS) market in 2024. The market report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Artificial Intelligence Software As A Service (SaaS) Global Market Report?
- Market Size Analysis: Analyze the Artificial Intelligence Software As A Service (SaaS) Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Artificial Intelligence Software As A Service (SaaS) Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Artificial Intelligence Software As A Service (SaaS) Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Artificial Intelligence Software As A Service (SaaS) Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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