AI as a Service Market – Global Forecast to 2029
The AI as a service market is projected to grow from USD 14.00 billion in 2024 to USD 72.13 billion by 2029, at a compound annual growth rate (CAGR) of 38.8% during the forecast period.
AIaaS（AI as a Service）市場は、2024 年の 140 億米ドルから 2029 年までに 721 億 3000 万米ドルにまで成長すると予測されており、予測期間中の年間平均成長率 (CAGR) は 38.8% です。
The report includes the study of key players offering AIaaS solutions and services. It profiles major vendors in the AI as a service market. The major players in the AI as a service market include Microsoft (US), IBM (US), SAP (Germany), AWS (US), Google (US), Salesforce (US), Oracle (US), NVIDIA (US), FICO (US), Cloudera (US), ServiceNow (US), HPE (US), Altair (US), OpenAI (US), SAS Institute (US), DataRobot (US), Databricks (US), C3 AI (US), H2O.ai (US), Alibaba Cloud (China), Rainbird Technologies (UK), BigML (US), Cohere (Canada), Glean (US), Yottamine Analytics (US), Scale AI (US), Landing AI (US), Yellow.ai (US), Inflection AI (US), Anyscale (US), Abridge (US), Mistral AI (France), Codeium (US), Arthur (US), Levity AI (US), Unstructured AI (US), Clarifai (US), Synthesia (UK), Katonic AI (Australia), Deepsearch (Austria), MindTitan (Estonia), Viso.ai (Switzerland) and Softweb Solutions (US).
The report provides insights on the following pointers:
- Analysis of key drivers (AIaaS democratizes access for small and medium enterprises, Growing demand for AI-enhanced cybersecurity solutions to combat sophisticated threats and The rise of pre-trained AI models that require minimal customization accelerates AIaaS adoption), restraints (Integration issues with legacy systems create inefficiencies, Managing the environmental impact of energy-intensive AI computations and data centers and High dependency on cloud providers hampers trust and hinders adoption), opportunities (Emergence of federated learning techniques for collaborative AI model training, Increasing demand for explainable AI (XAI) to enhance trust and transparency and Rising interest in quantum computing-based AI services for complex problem-solving), and challenges (Balancing innovation with regulatory compliance, mitigating the risks associated with AI model drift and maintaining model accuracy over time and managing the cost of high-performance AI infrastructure).
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the AI as a service market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the AI as a service market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the AI as a service market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Microsoft (US), IBM (US), SAP (Germany), AWS (US), Google (US), Salesforce (US), Oracle (US), NVIDIA (US), FICO (US), Cloudera (US), ServiceNow (US), HPE (US), Altair (US), OpenAI (US), SAS Institute (US), DataRobot (US), Databricks (US), C3 AI (US), H2O.ai (US), Alibaba Cloud (China), Rainbird Technologies (UK), BigML (US), Cohere (Canada), Glean (US), Yottamine Analytics (US), Scale AI (US), Landing AI (US), Yellow.ai (US), Inflection AI (US), Anyscale (US), Abridge (US), Mistral AI (France), Codeium (US), Arthur (US), Levity AI (US), Unstructured AI (US), Clarifai (US), Synthesia (UK), Katonic AI (Australia), Deepsearch (Austria), MindTitan (Estonia), Viso.ai (Switzerland) and Softweb Solutions (US), among others in the AI as a service market. The report also helps stakeholders understand the pulse of the AI as a service market and provides them with information on key market drivers, restraints, challenges, and opportunities.