Press release
Artificial Intelligence Services Market Size Projected To Reach $197.68 Billion By 2034 With A Cagr Of 51%
The Artificial Intelligence Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Artificial Intelligence Services Market?
The size of the market for artificial intelligence services has seen a surge in recent times. Its growth is projected to increase from $26.15 billion in 2024 to $38.02 billion in 2025, with a compound annual growth rate (CAGR) of 45.4%. Factors such as the impact on historical businesses, challenges faced during historical implementation, the development of AI talent, market rivalry, and the usage of AI in customer service contribute to the growth during the historic era.
The market size for artificial intelligence services is predicted to experience considerable expansion in the upcoming years, reaching $197.68 billion by 2029 at a CAGR of 51.0%. The rise during the projected period can be associated with ethical AI usage, incorporation of AI into business operations, investment and funding trends, worldwide acceptance of AI services, and industry-specific AI solutions. Over the forecasting phase, an increase in AI collaborations and partnerships, emphasis on ethical AI, amalgamation with IoT and edge computing, AI-as-a-service (AIAAS), predictive analytics, and data insights are expected to be the notable trends.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3207
What Are the Different Artificial Intelligence Services Market Segments?
The artificial intelligence services market covered in this report is segmented -
1) By Technology: Machine Learning, Computer Vision, Natural Language Processing (NLP), Other Technology
2) By Services Type: Managed Services, Professional Services
3) By Software Tools: Web-based and Cloud Application Programming Interface, Processing and Modeler, Archiving and Data Storage
4) By Application Type: Fraud Detection, Data Analytics & Visualization, Customer Service and Management, Risk Management, Compliance & Security
5) By End-User: Banking, Financial, and Insurance (BFSI), IT & Telecom, Retail, Manufacturing, Public Sector, Energy & Utility, Healthcare, Other End-Users
Subsegments:
1) By Machine Learning: Supervised Learning, Unsupervised Learning, Reinforcement Learning, Deep Learning
2) By Computer Vision: Image Recognition, Video Analytics, Facial Recognition, Object Detection
3) By Natural Language Processing (NLP): Text Analysis, Sentiment Analysis, Speech Recognition, Language Translation
4) By Other Technology: Robotics Process Automation (RPA), Expert Systems, Neural Networks, Predictive Analytics
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3207&type=smp
What Are the Primary Drivers Shaping the Artificial Intelligence Services Market?
The artificial intelligence services market is poised for growth, thanks to the increasing implementation of AI in healthcare. These technologies are utilized in the medical field to enhance patient results, diminish expenses, and boost productivity. Healthcare professionals are empowered by AI's real-time data, aiding them in making enlightened decisions and saving time and resources by mechanizing mundane tasks like data registration, claims dealings, and scheduling appointments. For instance, in March 2023, the British government pledged about $17.27 million (£16 million) to expedite research into nine of the most viable AI healthcare technologies. Among the beneficiaries, start-up Ibex received over $1.51 million (£1.5 million) to further its development of an AI-powered algorithm aimed at breast cancer screening. Furthermore, Medtronic, with a grant of $2.69 million (£2.5 million), is working on its AI-driven medical apparatus, GI Genius, that scrutinizes colonoscopy images to spot indicators of colon cancer, thereby enabling earlier and more precise diagnoses. Consequently, the increasing utilization of AI in healthcare is propelling the expansion of the artificial intelligence services market.
Which Companies Are Leading in the Artificial Intelligence Services Market?
Major companies operating in the artificial intelligence services market include Apple Inc., Google LLC, Microsoft Corporation, Dell Technologies Inc., Huawei Technologies CO. Ltd., Hitachi Ltd., Siemens AG, Amazon Web Services Inc., General Electric Company, Intel Corporation, accenture* plc, International Business Machines Corporation, Deloitte Touche Tohmatsu Limited, H2O.ai Inc., Cisco Systems Inc., PricewaterhouseCoopers International Limited, Ernst & Young Global Limited, Oracle Corporation, Honeywell International Inc., KPMG International Limited, SAP SE, Fujitsu Ltd., Tata Consultancy Services Ltd., NEC Corporation, Salesforce Inc., Capgemini SE, Cognizant Technology Solutions Corporation, Infosys Limited, Baidu Inc., Wipro Ltd., SAS Institute Inc., Fair Isaac Corporation, HCL Technologies Ltd., Cognitive Scale Inc., BigML Inc.
What Are the Major Trends Shaping the Artificial Intelligence Services Market?
Leading firms in the artificial intelligence services market are devising groundbreaking products like a text-to-image tool to enhance customer contentment and allegiance. A text-to-image tool is a digital software or web-based application that facilitates the conversion of text into images. For instance, OpenAI, an American artificial intelligence enterprise, unveiled Dall-E 3, its newest edition of the text-to-image tool in September 2023. Dall-E 3 functions through the widely admired AI chatbot, ChatGPT, for prompt completions. This tool can translate intricate requests into highly detailed and precise images.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-services-global-market-report
What Are the Top Revenue-Generating Geographies in the Artificial Intelligence Services Market?
Asia-Pacific was the largest region in the artificial intelligence services market in 2024. North America was the second largest region in the global artificial intelligence services market share. The regions covered in the artificial intelligence services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Artificial Intelligence Services Market?
2. What is the CAGR expected in the Artificial Intelligence Services Market?
3. What Are the Key Innovations Transforming the Artificial Intelligence Services Industry?
4. Which Region Is Leading the Artificial Intelligence Services Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Artificial Intelligence Services Market Size Projected To Reach $197.68 Billion By 2034 With A Cagr Of 51% here
News-ID: 4010167 • Views: …
More Releases from The Business Research Company

Surgical Meshes Market Landscape to 2034: Key Forces Shaping the Next Decade of …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Surgical Meshes Market Size By 2025?
In the past few years, the market size of surgical meshes has seen significant growth. It is projected to expand from $2.03 billion in 2024 to $2.18 billion in 2025, indicating a Compound Annual Growth Rate (CAGR) of 7.3%.…

Rehabilitation Equipment Market Poised to Hit $23.97 Billion by 2029 with Accele …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Rehabilitation Equipment Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a significant growth in the size of the rehabilitation equipment market. Projected to increase from $17.36 billion in 2024, it is expected to reach $18.49 billion in 2025, with a compound annual…

Future of the Pediatric Neurology Device Market: Strategic Analysis and Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Pediatric Neurology Device Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for pediatric neurology devices has seen significant expansion in recent years, climbing from $2.5 billion in 2024 to an anticipated $2.65 billion in 2025, reflecting a compound annual growth rate (CAGR)…

Key Trends Influencing the Growth of the Orthokeratology Lens Market in 2025: In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Orthokeratology Lens Market Through 2025?
The market for orthokeratology lenses has seen a significant increase in size over recent years. It's projected to expand from $2.56 billion in 2024 to $2.75 billion in 2025, with a compound annual growth rate (CAGR) of…
More Releases for Services
Managed Services by Ensure Services
Ensure Services is a leading managed services provider offering comprehensive IT support and solutions designed to streamline operations, improve efficiency, and reduce operational costs for businesses of all sizes. Our managed services are tailored to meet the unique needs of your organization, ensuring you can focus on your core business while we handle your IT infrastructure.
With years of experience and a team of certified professionals, we deliver proactive monitoring, ongoing…
Electrical Services Market Next Big Thing | Major Giants SSI Electrical Services …
A new business intelligence report released by AMA with title "Electrical Services Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Electrical Services Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and…
North & South America Commercial Services Market 2022 (Employment Services, Offi …
The Business Research Company’s Commercial Services Global Market Report 2019 covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. Ratios of market size and growth to related markets, GDP proportions, and expenditure per capita for the market is detailed in the report. Data and analysis throughout the…
AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & …
Kunal Repair & Services is growing on-demand home services platform in India and we are currently operating in Gurgaon. We offer an array of services which include AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & Repair, R.O Services & Repair, Microwave Services & Repair, Geyser Services & Repair. Our operating philosophy for solving this massive problem is - Right price.
To know why we do what we…
Electrical Services Market Technology and Outlook 2023 Top Companies are Allianc …
A report added to the rich database of Qurate Business Intelligence, titled “Global Electrical Services Market Size, Status and Forecast 2023”, provides a 360-degree overview of the worldwide market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data reliable in context…
Electrical Services Market Size 2018: Alliance Electrical Services, Housejoy, Te …
In 2017, the global Electrical Services market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.
This report focuses on the global Electrical Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Electrical Services development in United States, Europe and China.
Get Sample Copy of this report @ http://www.orbisresearch.com/contacts/request-sample/2311492…