Technavio has been monitoring the artificial intelligence platforms market and it is poised to grow by USD 12.51 billion during 2020-2024, progressing at a CAGR of over 33% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Alibaba Group Holding Ltd., Alphabet Inc., Amazon Web Services Inc., International Business Machines Corp., Microsoft Corp., Palantir Technologies Inc., Salesforce.com Inc., SAP SE, SAS Institute Inc., and Tata Consultancy Services Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The rise in demand for AI-based solutions have been instrumental in driving the growth of the market. However, the rise in data privacy issues might hamper market growth.
Artificial Intelligence Platforms Market 2020-2024: Segmentation
Artificial Intelligence Platforms Market is segmented as below:
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Artificial Intelligence Platforms Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our artificial intelligence platforms market report covers the following areas:
This study identifies investments in AI start-ups as one of the prime reasons driving the artificial intelligence platforms market growth during the next few years.
Artificial Intelligence Platforms Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the artificial intelligence platforms market, including some of the vendors such as Alibaba Group Holding Ltd., Alphabet Inc., Amazon Web Services Inc., International Business Machines Corp., Microsoft Corp., Palantir Technologies Inc., Salesforce.com Inc., SAP SE, SAS Institute Inc., and Tata Consultancy Services Ltd. Backed with competitive intelligence and benchmarking, our research reports on the artificial intelligence platforms market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Artificial Intelligence Platforms Market 2020-2024: Key Highlights
Table Of Contents:
Five Forces Analysis
Market Segmentation by Deployment
Market Drivers ? Demand led growth
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