Press release
Artificial Intelligence Toolkit Market Expansion Supported by AutoML and Advanced AI Tools
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Artificial Intelligence (AI) Toolkit Market- (By Offering (Software, Hardware (Processors, Accelerators (Graphics processing units (GPUs), Tensor processing units, Field programmable processing units, Neuromorphic chips), Others Hardware Types), Services (Professional Services, Consulting, Deployment & integration, Support & maintenance), Managed Services), By Technology (Natural Language Processing, Machine Learning, Computer Vision, Robotic Process Automation), By Vertical (Banking, Financial Services, & Insurance (BFSI), Retail & eCommerce, Healthcare & Life Sciences, Manufacturing, Telecom, IT & ITeS, Media & Entertainment, Energy & Utilities, Government & Defense, Automotive, Transportation, & Logistics, Other Verticals (Education, Travel & Hospitality, Construction & Real Estate, and Agriculture))), Trends, Industry Competition Analysis, Revenue and Forecast To 2035."Artificial Intelligence (AI) Toolkit Market Size is valued at USD 36.65 Bn in 2025 and is predicted to reach USD 809.50 Bn by the year 2035 at a 36.4% CAGR during the forecast period for 2026 to 2035.
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The Artificial Intelligence (AI) Toolkit Market encompasses the sector providing software tools, frameworks, libraries, and platforms that are essential for the development and deployment of AI applications. These toolkits deliver comprehensive capabilities for constructing machine learning models, natural language processing systems, computer vision solutions, and other AI-driven technologies. Prominent players in the market include leading technology firms such as IBM, Google, Microsoft, and Amazon Web Services (AWS), as well as emerging startups and open-source initiatives.
The market is characterized by rapid innovation and robust growth, reflecting the pivotal role of AI toolkits in enabling AI adoption across diverse industries, including healthcare, finance, manufacturing, and autonomous systems. This growth is driven by the rising demand for AI solutions, underscoring the importance of sophisticated software tools and platforms in supporting the efficient creation and implementation of AI applications.
List of Major Players in the Artificial Intelligence (AI) Toolkit market:
• Microsoft (US) Google (US)
• IBM (US)
• Oracle (US)
• Thales Group (France)
• Salesforce (US)
• Intel (US)
• Adobe (US)
• Meta Platforms (US)
• AWS (US)
• NVIDIA Corporation (US)
• H2O.ai (US)
• Alteryx (US)
• Altair (US)
• KNIME (Switzerland)
• DataRobot (US)
• Jasper (US)
• Rasa (US)
• SuperAnnotate (US)
• OpenAI (US)
• Obviously AI (US)
• Fiddler AI (US)
• Determined AI (US)
• Snorkel Al (US)
• Levity Al (Germany)
• Union AI (US)
• Attri AI (US)
• Regie.ai (US)
• Others
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Market Dynamics
Drivers:
The artificial intelligence (AI) technology sector has experienced substantial growth in recent years, resulting in heightened demand for advanced AI models and applications. Developing high-performance AI solutions requires careful selection of model architectures, access to high-quality datasets, and precise optimization to meet defined key performance indicators (KPIs).
Automated machine learning (AutoML) has emerged as a critical technology in simplifying this process by automatically identifying optimal models and hyperparameters tailored to specific performance objectives. By reducing the complexity of model development and optimization, AutoML enhances efficiency and accelerates deployment. For instance, AI toolkits such as NVIDIA TAO utilize AutoML to automatically fine-tune model hyperparameters, minimizing manual intervention and supporting the wider adoption of AI solutions.
Challenges:
A key challenge in the AI toolkit market is the absence of standardized frameworks, which creates barriers for enterprises and developers alike. The extensive variety of AI toolkits, each offering distinct features and limitations, complicates selection and increases the learning curve for users. This fragmentation is driven by rapid innovation in AI, the diverse range of applications, and the proliferation of open-source toolkits developed by decentralized communities. The continuous introduction of new toolkits and the specialized nature of AI applications make the establishment and adoption of common standards difficult. Consequently, market fragmentation can lead to higher operational costs, reduced efficiency, and an increased risk of errors.
Regional Trends:
The North American AI toolkit market is witnessing strong growth, driven by increasing demand for AI-powered solutions across multiple industries. The region benefits from significant investments in AI research and development, particularly in technology hubs such as Silicon Valley. Leading corporations, including IBM, Google, and Microsoft, are central to driving innovation in the market. Moreover, favorable regulatory policies and a supportive business ecosystem facilitate ongoing technological advancements. North America's market is characterized by a consistent focus on enhancing AI capabilities, with notable impact across sectors such as healthcare, finance, and autonomous vehicles.
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Recent Developments:
• In Nov 2023, IBM declared its intention to release a data governance toolbox for artificial intelligence (AI) models that would be widely accessible. The purpose of this toolkit is to enhance openness in the recommendations produced by AI tools. IBM has announced that watsonx.governance will be accessible starting in early December 2023.
• In May 2023, Jasper declared an expanded collaboration with Google Cloud. The collaboration extended the accessibility of Jasper to a vast user base via the Google Cloud Marketplace, incorporated an additional foundational model into Jasper's AI Engine in conjunction with Google's Vertex AI, and unveiled fresh functionalities for Jasper Everywhere. By forming this partnership, Jasper successfully implemented its overarching goal of offering customized AI support to enterprises, accessible from any location they establish.
Segmentation of Artificial Intelligence (AI) Toolkit market -
By Offering:
• Software
• Hardware
o Processors
o Accelerators
Graphics processing units (GPUs)
Tensor processing units
Field programmable processing units
Neuromorphic chips
o Others Hardware Types
• Services
o Professional Services
Consulting
Deployment & Integration
Support & Maintenance
• Managed Services
By Technology:
• Natural Language Processing
• Machine Learning
• Computer Vision
By Vertical:
• Banking, Financial Services, & Insurance (BFSI)
• Retail & eCommerce
• Healthcare & Life Sciences
• Manufacturing
• Telecom
• IT & ITeS
• Media & Entertainment
• Energy & Utilities
• Government & Defense
• Automotive, Transportation, & Logistics
• Other Verticals (Education, Travel & Hospitality, Construction & Real Estate, and Agriculture)
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/artificial-intelligence-ai-toolkit-market/2212
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: https://www.insightaceanalytic.com/
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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