About Artificial Intelligence Platform
Artificial Intelligence Platform may be a framework designed for various industries to work more efficiently and intelligently than traditional frameworks. It can help to scale back costs during a number of methods like preventing duplication of labor, automating easier tasks, and eliminating several expensive activities, like copying or extracting of knowledge. A man-made intelligence platform also provides data management, guaranteeing the utilization of best methods by a team of AI researchers and machine learning experts. It helps to make sure that the work is distributed uniformly and completed quickly.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 202 |
Unit | Value (USD Million) |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Artificial Intelligence Platform market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Microsoft (United States), Google (United States), Salesforce (United States), IBM (United States), Intel (United States), Amazon Web Services (United States), HPE (United States), Ayasdi (United States), Qualcomm Technologies (United States) and Absolutdata (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Artificial Intelligence Platform market by , Application (Forecasts and Prescriptive Models, Chat-bots, Speech Recognition, Text recognition and Others) and Region.
On the basis of geography, the market of Artificial Intelligence Platform has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. Cloud will boost the Artificial Intelligence Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Manufacturing will boost the Artificial Intelligence Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Tools will boost the Artificial Intelligence Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Innovation in Big Data technology and Adoption of AI Capabilities
Market Growth Drivers:
Growth of Automotive Industries and IT-firms
Challenges:
Adoption of Latest Technology by the Businesses during the Pandemic
Restraints:
Security Related Issues and Lack of Skilled Professionals
Opportunities:
Increase in Innovations across End-users and Use of Artificial Intelligence to Identify Business Trends
Market Leaders and their expansionary development strategies
In May 2022, Salesforce finalized its acquisition of Troops.ai. A leading provider of revenue communication solutions used to improve sales velocity, forecasting, visibility and collaboration between teams. Upon completion of the acquisition, Troops will become part of Slack, a Salesforce company.
In 2021, Hewlett Packard Enterprise announced at HPE Discover that it is extending its leadership in hybrid cloud with a comprehensive set of innovations to the HPE Green Lake edge to cloud platform, the industry’s most robust and proven platform for cloud services in the data center, in a collocation center and at the edge. Innovations span applications, security, silicon and software with automated, cloud-native capabilities that can be performed in just a few clicks and managed in a unified platform.
Key Target Audience
AI Platform Software and Service Providers, Venture Capitalist, Government Organizations, Advisory Firms, Training and Education Service Providers, Managed Service Providers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.