Enterprise Artificial Intelligence Market Set to Surge - Key Insights You Must Know

Enterprise Artificial Intelligence Market Size

According to Valuates Reports, The global Enterprise Artificial Intelligence market is projected to grow from US$ 1568.3 million in 2024 to US$ 6769.1 million by 2030, at a Compound Annual Growth Rate (CAGR) of 27.6% during the forecast period.

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Market Analysis and Insights: Global Enterprise Artificial Intelligence Market

China and the United States are two leaders in AI industry. On the AI 100 list (2022) released by CB Insights, the number of companies in the United States ranks first, with more than 70 companies, followed by the United Kingdom, with 8 companies on the list. China and Canada both holds 5 companies on the list. According to data from the China Academy of Information and Communications Technology, the scale of China's core artificial intelligence industry reached ¥508 billion in 2022, a year-on-year increase of 18%. From 2013 to November 2022, the cumulative number of patent applications for artificial intelligence inventions in the world reached 729,000, and the cumulative number of applications in China reached 389,000, accounting for 53.4%. However, the Global Artificial Intelligence Innovation Index Report 2021 released by the China Institute of Scientific and Technological Information shows that the overall strength of the United States is still far ahead. The number of artificial intelligence companies in the United States is about 4,670, while China has only 880. China's data center is less than 1/42 of that of the United States.

Report Covers:

This report presents an overview of global market for Enterprise Artificial Intelligence market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Enterprise Artificial Intelligence, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Enterprise Artificial Intelligence, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Enterprise Artificial Intelligence revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Enterprise Artificial Intelligence market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

By Type
• Business Intelligence
• Customer Management
• Marketing

By Application
• Retail
• Medical Insurance
• Automobile Industry
• Aerospace

Key Companies
SAS Institute (U.S.), IBM (U.S.), Microsoft (U.S.), Amazon Web Services (U.S.), Intel (U.S.), Google (U.S.), SAP SE (Germany), Sentinent Technologies (U.S.), Oracle Corporation (U.S.), Hewlett Packard Enterprise (U.S.), Wipro Technologies (India)

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