Artificial Intelligence as a Service (AIaaS) is basically third-party offering of AI outsourcing. So, individuals get to take advantage AI without spending too much money, finance in the same and at a much lower level of risk involved.
There are many AI supplier platforms that present totally different kinds of Machine Learning as well as AI. These variations can be utilized by different organizations and this may help them ascertain their need for AI and whether AI works for them or not. There are some Cloud AI service providers which provide specialized hardware needed for few AI tasks, like GPU based process for intensive workloads etc. buying such hardware and software package may be too expensive in the beginning. Coupled with staffing and maintenance prices, as well as hardware changes for different tasks, makes AIaaS cost prohibitive to many organizations thus AIaaS seems to be a solution for a lot of organizations. This is done to decrease entry prices that other corporations have to pay if they want to use AI.
Market Insights
The global Artificial Intelligence as a Service market is expected to be around US$ 31.5 Billion by 2027 at a CAGR of 47% in the given forecast period.
The global Artificial Intelligence as a Service market is segregated on the basis of Services as Cognitive Computing APIs, Custom Cognitive Computing APIs, and Conversational AI. Based on Organization Size the global Artificial Intelligence as a Service market is segmented in SMEs and Large Enterprises. Based on End-User Industry the global Artificial Intelligence as a Service market is segmented in Retail and E-commerce, Healthcare and Life Sciences, BFSI, Government & Defense, Telecom, Manufacturing, and Energy & Power.
Based on Software, the global Artificial Intelligence as a Service market is segmented in Data Storage & Archiving, Modeler & Processing, Cloud & Web-Based Application, and Others. The report also bifurcates the global Artificial Intelligence as a Service market based on Technology in Machine Learning and Deep Learning and Natural Language Processing.
The global Artificial Intelligence as a Service market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Artificial Intelligence as a Service market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
AWS, IBM, Microsoft Co, Google, SAP, Salesforce, Baidu, Intel Co, Fair Isaac Co, BigML, and others are among the major players in the global Artificial Intelligence as a Service market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Artificial Intelligence as a Service Market has been segmented as below:
Artificial Intelligence as a Service Market, By Services
Artificial Intelligence as a Service Market, By Organization Size
Artificial Intelligence as a Service Market, By End-User Industry
Artificial Intelligence as a Service Market, By Software
Artificial Intelligence as a Service Market, By Technology
Artificial Intelligence as a Service Market, By Region
Artificial Intelligence as a Service Market, By Company
The report covers:
Report Scope:
The global Artificial Intelligence as a Service market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Artificial Intelligence as a Service market share. Major industry players with significant revenue share include AWS, IBM, Microsoft Co, Google, SAP, Salesforce, Baidu, Intel Co, Fair Isaac Co, BigML, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Artificial Intelligence as a Service Market, By Services
5.1 Introduction
5.2 Cognitive Computing APIs
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Custom Cognitive Computing APIs
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Conversational AI
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6. Artificial Intelligence as a Service Market, By Organization Size
6.1 Introduction
6.2 SMEs
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Large Enterprises
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7. Artificial Intelligence as a Service Market, By End-User Industry
7.1 Introduction
7.2 Retail and E-commerce
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Healthcare and Life Sciences
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 BFSI
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Government & Defense
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Telecom
7.6.1 Market Overview
7.6.2 Market Size and Forecast
7.7 Manufacturing
7.7.1 Market Overview
7.7.2 Market Size and Forecast
7.8 Energy & Power
7.8.1 Market Overview
7.8.2 Market Size and Forecast
8. Artificial Intelligence as a Service Market, By Software
8.1 Introduction
8.2 Data Storage & Archiving
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Modeler & Processing
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Cloud & Web-Based Application
8.4.1 Market Overview
8.4.2 Market Size and Forecast
8.5 Others
8.5.1 Market Overview
8.5.2 Market Size and Forecast
9. Artificial Intelligence as a Service Market, By Technology
9.1 Introduction
9.2 Machine Learning and Deep Learning
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 Natural Language Processing
9.3.1 Market Overview
9.3.2 Market Size and Forecast
10. Artificial Intelligence as a Service Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 North America Artificial Intelligence as a Service, By Services
10.2.2 North America Artificial Intelligence as a Service, By Organization Size
10.2.3 North America Artificial Intelligence as a Service, By End-User Industry
10.2.4 North America Artificial Intelligence as a Service, By Software
10.2.5 North America Artificial Intelligence as a Service, By Technology
10.3 Europe
10.3.1 Europe Artificial Intelligence as a Service, By Services
10.3.2 Europe Artificial Intelligence as a Service, By Organization Size
10.3.3 Europe Artificial Intelligence as a Service, By End-User Industry
10.3.4 Europe Artificial Intelligence as a Service, By Software
10.3.5 Europe Artificial Intelligence as a Service, By Technology
10.4 Asia-Pacific
10.4.1 Asia-Pacific Artificial Intelligence as a Service, By Services
10.4.2 Asia-Pacific Artificial Intelligence as a Service, By Organization Size
10.4.3 Asia-Pacific Artificial Intelligence as a Service, By End-User Industry
10.4.4 Asia-Pacific Artificial Intelligence as a Service, By Software
10.4.5 Asia-Pacific Artificial Intelligence as a Service, By Technology
10.5 Rest of the World
10.5.1 Rest of the World Artificial Intelligence as a Service, By Services
10.5.2 Rest of the World Artificial Intelligence as a Service, By Organization Size
10.5.3 Rest of the World Artificial Intelligence as a Service, By End-User Industry
10.5.4 Rest of the World Artificial Intelligence as a Service, By Software
10.5.5 Rest of the World Artificial Intelligence as a Service, By Technology
11. Competitive Insights
11.1 Key Insights
11.2 Company Market Share Analysis
11.3 Strategic Outlook
11.3.1 Mergers & Acquisitions
11.3.2 New Product Development
11.3.3 Portfolio/Production Capacity Expansions
11.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
11.3.5 Others
12. Company Profiles
12.1 AWS
12.1.1 Company Overview
12.1.2 Product/Service Landscape
12.1.3 Financial Overview
12.1.4 Recent Developments
12.2 IBM
12.2.1 Company Overview
12.2.2 Product/Service Landscape
12.2.3 Financial Overview
12.2.4 Recent Developments
12.3 Microsoft Co
12.3.1 Company Overview
12.3.2 Product/Service Landscape
12.3.3 Financial Overview
12.3.4 Recent Developments
12.4 Google
12.4.1 Company Overview
12.4.2 Product/Service Landscape
12.4.3 Financial Overview
12.4.4 Recent Developments
12.5 SAP
12.5.1 Company Overview
12.5.2 Product/Service Landscape
12.5.3 Financial Overview
12.5.4 Recent Developments
12.6 Salesforce
12.6.1 Company Overview
12.6.2 Product/Service Landscape
12.6.3 Financial Overview
12.6.4 Recent Developments
12.7 Baidu
12.7.1 Company Overview
12.7.2 Product/Service Landscape
12.7.3 Financial Overview
12.7.4 Recent Developments
12.8 Intel Co
12.8.1 Company Overview
12.8.2 Product/Service Landscape
12.8.3 Financial Overview
12.8.4 Recent Developments
12.9 Fair Isaac Co
12.9.1 Company Overview
12.9.2 Product/Service Landscape
12.9.3 Financial Overview
12.9.4 Recent Developments
12.10 BigML
12.10.1 Company Overview
12.10.2 Product/Service Landscape
12.10.3 Financial Overview
12.10.4 Recent Developments
The Artificial Intelligence as a Service Market has been segmented as below:
Artificial Intelligence as a Service Market, By Services
Artificial Intelligence as a Service Market, By Organization Size
Artificial Intelligence as a Service Market, By End-User Industry
Artificial Intelligence as a Service Market, By Software
Artificial Intelligence as a Service Market, By Technology
Artificial Intelligence as a Service Market, By Region
Artificial Intelligence as a Service Market, By Company
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