Enterprise Artificial Intelligence Market

Enterprise Artificial Intelligence Market Size, Share, Growth Analysis, By Deployment(Cloud, On-premises), By Technology(Natural Language Processing (NLP), Machine Learning), By Organization(Large Enterprises, Small And Medium Enterprises), By End-use(Media & Advertising, Retail), By Regional(North America, Asia Pacific) - Industry Forecast 2024-2031


Report ID: UCMIG45C2062 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Enterprise Artificial Intelligence Market Insights

Market Overview:

The global market for enterprise artificial intelligence was worth USD 11.4 billion in 2021 and is projected to grow at a CAGR of 34.6% from 2022 to 2030. The demand for AI among businesses is being driven by the increasing need to analyze vast amounts of data, as well as the growing popularity of virtual assistants, chatbots, and robots. Furthermore, the shift from traditional to digital platforms is driving the demand for AI technology in enterprises globally.

Enterprise Artificial Intelligence Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Data Processing & Outsourced Services by segment aggregation, the contribution of the Data Processing & Outsourced Services in Software & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The global market for Enterprise Artificial Intelligence was estimated to be valued at US$ XX Mn in 2021.

The global Enterprise Artificial Intelligence Market is estimated to grow at a CAGR of XX% by 2028.

The global Enterprise Artificial Intelligence Market is segmented on the basis of Deployment, Technology, Organization, End-use, Regional.

Based on region, the global Enterprise Artificial Intelligence Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Enterprise Artificial Intelligence Market are Amazon Web Services, Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, Intel Corporation, Alphabet Inc., SAP SE, C3.ai, Inc., DataRobot, Inc., Hewlett Packard Enterprise Development LP, Wipro Limited, NVidia Corporation.

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Enterprise Artificial Intelligence Market

Product ID: UCMIG45C2062

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