Global Artificial Intelligence Platform Market

Artificial Intelligence (AI) Platform Market Size, Share, Growth Analysis, By Solution(Hardware, Software), By Deployment Mode(Cloud, On-premises), By End User(Manufacturing, Healthcare) - Industry Forecast 2024-2031

Report ID: SQMIG45A2300 | Region: Global | Published Date: April, 2024
Pages: 197 | Tables: 92 | Figures: 71

Artificial Intelligence (AI) Platform Market Insights

Global Artificial Intelligence (AI) Platform Market size was valued at USD 31.4 Billion in 2022 and is poised to grow from USD 41.26 Billion in 2023 to USD 366.93 Billion by 2031, growing at a CAGR of 31.41% in the forecast period (2024-2031).

The global artificial intelligence platform market has witnessed phenomenal growth in recent years, driven by the need for comprehensive research and insights across a huge range of industries. The global artificial intelligence platform market (DIP) is a fully responsive solution that blends text analytics, artificial intelligence, & machine learning capabilities to deliver accurate insights into virtual interactions & user operations. The primary objective of this market is to enable teams to make informed choices, improve patron experience, and facilitate gold-standard execution of virtual strategies Several key drivers of market growth are increasing the volume of virtual records generation. To get the right perspective from this huge amount of information that could lead to participation in protests, companies have gone the DIP route. These platforms allow real-time audits of records and enable companies to quickly gain insight into market trends and customer expectations.

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Artificial Intelligence (AI) Platform Market size was valued at USD 31.4 Billion in 2022 and is poised to grow from USD 41.26 Billion in 2023 to USD 366.93 Billion by 2031, growing at a CAGR of 31.41% in the forecast period (2024-2031).

The artificial intelligence (AI) platform market is highly competitive and is trying to establish its niche in the industry. Well-known companies such as Adobe Inc., Google LLC, IBM Corporation, SAS Institute Inc. and comScore dominate the market. These players are key industry players who claim their strength lies in their vast technological capabilities, innovative solution offerings, and vast networks that help deliver critical digital intelligence strategies covering multiple industry levels new and smaller competitors trying to diversify also add to the competitive landscape, offering niche solutions that reframe traditional values. 'Adobe Systems', 'IBM', 'SAS Institute', 'Evergage', 'Google', 'Mixpanel', 'Optimizely', 'Webtrekk', 'New Relic', 'Localytics', 'Cxense', 'MindSEO', 'Bertin IT', 'EXL', 'Char Software Inc. and Others'

One of the primary elements that force the worldwide virtual intelligence platform marketplace is the rise in attention approximately statistics-pushed choice-making throughout various industries. Organizations realize the significance of using data to advantage information approximately purchaser behavior, cutting-edge market tendencies, and operational efficiencies. The creation of virtual intelligence systems becomes vital in supporting within the collection, processing, and interpretation of huge volumes of records that aid knowledgeable choice-making methods.

Focus on Real-time Analytics: The market trend towards real-time analytics is gaining popularity as companies seek instant, statistics-driven decision-making. There is a growing call for digital intelligence systems that provide real-time analytics capabilities, enabling businesses to react more quickly to changing market conditions, consumer choice and evolving trends.

North America is emerging as a dominant region in the artificial intelligence (AI) platform market. North America leads the artificial intelligence (AI) platform market due to the presence of key market players, sound technology infrastructure and wide adoption of digital solutions. Furthermore, focuses on digital transformation in various sectors such as finance, healthcare and retail in this region supports the importance of digital intelligence platform.

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Global Artificial Intelligence Platform Market

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