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Innovative Analytics Apps Transforming The Intelligent Apps Market Trend: A Crucial Influence on the Intelligent Apps Market's Transformation in 2025
Intelligent Apps Market
The escalation in the requirement for enterprise applications is envisaged to fuel the expansion of the intelligent apps market in the future. Enterprise applications are substantial software solutions crafted to facilitate and streamline intricate business processes and operations within organizations. Intelligent applications often merge with or supplement enterprise applications, utilizing AI and machine learning to amplify efficiency, data analytics, and decision-making capabilities, thus catering to the changing needs of contemporary businesses. For example, as per Eurostat's data in May 2024, a statistical office stationed in Luxembourg that belongs to the European Union, the utilization of Enterprise Resource Planning (ERP) software in EU enterprises showed variation in 2023, with an adoption rate of 37.9% among small enterprises and 86.3% among large enterprises. Hence, the rising demand for enterprise applications is spurring the growth of the intelligent apps market.
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What Is the projected market size and growth rate for the intelligent apps market?
The market size for intelligent applications has seen an enormous expansion in the last few years. It is projected to increase from $56.62 billion in 2024 to $77.02 billion in 2025, at a compound annual growth rate (CAGR) of 36.0%. The growth in the past period is due to the heightened focus on cybersecurity, the ongoing advancement in AI hardware, broader application of augmented reality (AR) and virtual reality (VR), the influence of quantum computing, and the incorporation of blockchain for data protection.
The market for smart applications is predicted to experience significant expansion in the coming years. The market is projected to surge to a staggering $262.33 billion by 2029, with a compound annual growth rate (CAGR) of 35.8%. The anticipated growth can be credited to the quick progression in the mobile app scene, coordination with IoT gadgets, enhancements in natural language processing (NLP), the emergence of cloud computing, and a surge in the usage of mobile devices. Key trends for the forecast period encompass explainable artificial intelligence, human enhancement, integration of emotional intelligence, ethical and green AI, and multi-modal communication.
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What new trends are reshaping the intelligent apps market and its opportunities?
Key businesses in the intelligent apps sector are advancing their market position by creating novel products such as analytics applications. These applications are specifically engineered for data analysis, interpretation, and visualization. An illustration of this is Service Intelligence, introduced by Salesforce Inc., a software corporation based in the US, in November 2023. This was initiated to enhance agent productivity and achieve higher customer satisfaction. Facilitated by Data Cloud, Salesforce's hyperscale data engine that enables real-time data processing, Service Intelligence avails to its users a streamlined approach to accessing their business data right within Service Cloud, thereby precluding the requirement to switch screens for information acquisition. The application comes with pre-designed, modifiable dashboards for key metrics. It maximizes the use of AI-driven insights via Einstein Conversation Mining and is integrated with Tableau for superior data exploration. The app is set to introduce features like Copilot for Service, Einstein Studio, and Customer Effort Score in the near future, all aiming to enhance user interaction and generate valuable AI-driven insights.
What major market segments define the scope and growth of the intelligent apps market?
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
Subsegments:
1) By Consumer Apps: Personal Finance Apps, Health And Fitness Apps, Social Media And Communication Apps
2) By Enterprise Apps: Customer Relationship Management (CRM) Apps, Human Resource Management (HRM) Apps, Supply Chain Management Apps
3) By Providers: Cloud Service Providers, Software As A Service (SaaS) Providers, Platform As A Service (PaaS) Providers
4) By Infrastructure: Data Storage Solutions, Networking Infrastructure, Security Solutions
5) By Data Collection And Preparation: Data Integration Tools, Data Cleaning And Transformation Tools, Data Visualization Tools
6) By Machine Intelligence: Natural Language Processing (NLP) Solutions, Machine Learning Platforms, Predictive Analytics Tools
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Which region dominates the intelligent apps market?
North America was the largest region in the intelligent apps market in 2024. 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.
Which key market leaders are driving the intelligent apps industry growth?
Major companies operating in the intelligent apps market report are 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
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What Is Covered In The Intelligent Apps Global Market Report?
•Market Size Forecast: Examine the intelligent apps market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the intelligent apps market for a structured understanding.
•Key Players Overview: Analyze major players in the intelligent apps market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the intelligent apps market.
•Segment Contributions: Evaluate how different segments drive overall growth in the intelligent apps market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the intelligent apps market.
•Industry Challenges: Identify potential risks and obstacles affecting the intelligent apps market.
•Competitive Landscape: Review strategic developments in the intelligent apps market, including expansions, agreements, and new product launches.
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