Market Overview

Artificial Intelligence Platform Market - Expected to Reach $9.8 Billion by 2022 - Research and Markets


The "Artificial
Intelligence Platform Market - Global Forecast to 2022"
has been added to Research and Markets' offering.

The global AI platform market is expected to grow from USD 2.61 Billion
in 2017 to USD 9.88 Billion by 2022, at a Compound Annual Growth Rate
(CAGR) of 30.5%

The proliferation of data generation is the major factor driving the
growth of the AI platform market. To sustain in a competitive market,
analysis of raw data has become important to understand the customer
behavior, increasing revenue and, better decision-making, for various
industry sectors. In order to achieve efficiency across business
processes, enterprises need to design and layout a plan of action. This
can be done by properly implementing AI platform solutions into its

Slow digitization rate across emerging economies is expected to be a
major restraint for the AI platform market. The technical adaptability
is the significant factor in AI platform deployment process. However,
emerging economies are witnessing slow growth digitalization resulting
into a slow growth rate of the AI platform market.

The applications in the AI platform market include forecasts and
prescriptive models, chatbots, speech recognition, text recognition, and
others (face detection and sentiment analysis). Forecasts and
prescriptive models help various organizations to optimize their
strategy and operational efforts by providing analysis of historical
data. Moreover, the models are beneficial in the analysis of total
sales, customer purchase behavior and patterns, and many more. To meet
these requirements, various companies are deploying AI platform tools
and solutions to get maximum benefits of the technology.

Companies Mentioned

  • Absolutdata
  • Amazon Web Services
  • Ayasdi
  • Google
  • HPE
  • IBM
  • Infosys
  • Intel
  • Microsoft
  • Qualcomm Technologies
  • Salesforce
  • Sap
  • Wipro

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Artificial Intelligence Platform Market, By Component

7 Artificial Intelligence Platform Market, By Deployment Mode

8 Artificial Intelligence Platform Market, By Application

9 Artificial Intelligence Platform Market, By End-User

10 Artificial Intelligence Platform Market, By Region

11 Competitive Landscape

12 Company Profiles

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