Artificial Intelligence Platform Market by Component (Tools, Services), Deployment Mode (Cloud, On-Premises), Application (Forecasts & Prescriptive Models, Chatbots, Speech Recognition, Text Recognition), End-User & Region – Global Forecast to 2022

  • ID: 4430318
  • Report
  • Region: Global
  • 146 Pages
  • Markets and Markets
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The Market for AI Platform is Expected to Grow from USD 2.61 Billion in 2017 to USD 9.88 Billion By 2022, at a CAGR of 30.5%

FEATURED COMPANIES

  • Absolutdata
  • Ayasdi
  • HPE
  • Infosys
  • Microsoft
  • Salesforce
  • MORE

“The Artificial Intelligence (AI) platform is projected to grow at a CAGR of 30.5% during the forecast period”

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 operations.

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.

“Forecasts and prescriptive models application segment is expected to have the largest market size during the forecast period”

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.

“Asia Pacific (APAC) is expected to witness the highest growth rate during the forecast period”

APAC is estimated to grow with the highest CAGR during the forecast period. Factors, such as higher technological advancement in the region, the rapid expansion of domestic enterprises, and higher development of infrastructure are driving the growth of AI platform across different industry verticals. The North American region is expected to have the largest market share during the forecast period. The major driving factors for the market are, need to analyze a large amount of data, smart city initiatives, and adoption of digital technology.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people.

  • By Company Type - Tier 1 - 20%, Tier 2 - 45%, and Tier 3 -35%
  • By Designation - C-level - 48%, Director-level - 37%, and Others - 15%
  • By Region -North America - 22%, Europe- 45%, APAC - 26% , and the Rest of the World (ROW)- 7%

Some of the major AI platform vendors are Microsoft (US), Google (US), Salesforce (US), IBM (US), Intel (US), Amazon Web Services (US), HPE (US), Ayasdi (US), Qualcomm Technologies (US), and Absolutdata (California, US).

Research Coverage

The AI platform market has been segmented on the basis of component (tools and services), deployment modes, application, end-user, and region. The AI platform solutions help AI platform software and service providers, Initial Public Offering/Venture Capitalists/Angel Investors, IT directors and consultants, BFSI, healthcare, retail, manufacturing, and Government Organizations to improve business operations, enhance decision-making, and reduce costs. The AI platform market segmented on the basis of the components include tools and services. The tools segment is further segmented into Natural Language Processing (NLP), and Machine Learning (ML). The services offered in the AI platform market include managed and professional. The deployment modes in AI platform market include cloud and on-premises.

The applications are segmented into forecasts and prescriptive models, chatbots, speech recognition, text recognition, and others (face detection and sentiment analysis). The end-users are segmented into BFSI, manufacturing, healthcare, retail and eCommerce, research and academia, transportation, and others (oil and gas, and advertising). On the basis of regions, the AI platform market is segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America.

The report will help the market leaders and new entrants in the AI platform market in the following ways:

1. The report segments the market into various subsegments, hence it covers the market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are further split across different application areas and regions.

2. The report helps in understanding the overall growth of the market. It provides information on the key market drivers, restraints, challenges, and opportunities.

3. The report helps in understanding the competitors better and gaining more insights to strengthen the organization’s position in the market. The study also presents the positioning of the key players based on their product offerings and business strategies.

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FEATURED COMPANIES

  • Absolutdata
  • Ayasdi
  • HPE
  • Infosys
  • Microsoft
  • Salesforce
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Research Assumptions
2.4 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Artificial Intelligence Platform Market
4.2 Artificial Intelligence Platform Market, By End-User, 2017-2022
4.3 Artificial Intelligence Platform Market Lifecycle Analysis, By Region, 2017-2022

5 Market Overview
5.1 Introduction
5.2 Artificial Intelligence Platform Architecture
5.3 Regulatory Implications
5.3.1 Introduction
5.3.2 Federal Trade Commission (Ftc)
5.3.3 Health Insurance Portability And Accountability Act (Hipaa)
5.3.4 Food And Drug Administration (Fda)
5.3.5 International Organization for Standardization (Iso) 34
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Increasing Demand for Ai-Based Solutions
5.4.1.2 Proliferation in Data Generation
5.4.2 Restraints
5.4.2.1 Slow Digitization Rate Across Emerging Economies
5.4.3 Opportunities
5.4.3.1 Increasing Demand for Intelligent Business Processes
5.4.3.2 Growing Innovations Across End-Users
5.4.4 Challenges
5.4.4.1 Lack of Skilled Employees
5.4.4.2 Data Privacy Issues

6 Artificial Intelligence Platform Market, By Component
6.1 Introduction
6.2 Tools
6.2.1 Natural Language Processing
6.2.2 Machine Learning
6.3 Services
6.3.1 Managed Services
6.3.2 Professional Services

7 Artificial Intelligence Platform Market,  By Deployment Mode
7.1 Introduction
7.2 Cloud
7.3 On-Premises

8 Artificial Intelligence Platform Market, By Application
8.1 Introduction
8.2 Forecasts And Prescriptive Models
8.3 Chatbots
8.4 Speech Recognition
8.5 Text Recognition
8.6 Others

9 Artificial Intelligence Platform Market, By End-User
9.1 Introduction
9.2 Manufacturing
9.2.1 Use Case
9.3 Healthcare
9.3.1 Use Case
9.4 Banking, Financial Services, And Insurance
9.4.1 Use Case
9.5 Research And Academia
9.5.1 Use Case
9.6 Transportation
9.6.1 Use Case
9.7 Retail And Ecommerce
9.7.1 Use Case
9.8 Others

10 Artificial Intelligence Platform Market, By Region
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 Middle East And Africa
10.6 Latin America

11 Competitive Landscape
11.1 Overview
11.1.1 Key Developments By Leading Players in the Artificial Intelligence Platform Market for 2015-2017
11.2 Competitive Situations And Trends
11.2.1 New Product Launches
11.2.2 Mergers And Acquisitions
11.2.3 Agreements, Partnerships, And Collaborations
11.3 Market Ranking of Players in the Artificial Intelligence Platform Market, 2017
11.4 Microquadrant Overview
11.4.1 Visionary Leaders
11.4.2 Innovators
11.4.3 Dynamic Differentiators
11.4.4 Emerging Companies
11.5 Competitive Benchmarking
11.5.1 Strength of Product Portfolio in the Artificial Intelligence Platform Market
11.5.2 Business Strategy Excellence in the Artificial Intelligence Platform Market
 
12 Company Profiles
(Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments)*
12.1 Microsoft
12.2 Google
12.3 Ibm
12.4 Intel
12.5 Infosys
12.6 Wipro
12.7 Ayasdi
12.8 Salesforce
12.9 Hpe
12.10 Qualcomm Technologies
12.11 Amazon Web Services
12.12 Absolutdata
12.13 Sap
*Details On Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Subscription Portal
13.3 Introducing Rt: Real-Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details

List of Tables
Table 1 United States Dollar Exchange Rate, 2014-2016
Table 2 Artificial Intelligence Platform Market Size, By Component,  2015-2022 (USD Million)
Table 3 Component: Artificial Intelligence Platform Market Size, By Tool,  2015-2022 (USD Million)
Table 4 Natural Language Processing Market Size, By Deployment Mode,   2015-2022 (USD Million)
Table 5 Machine Learning Market Size, By Deployment Mode,  2015-2022 (USD Million)
Table 6 Artificial Intelligence Platform Market Size, By Service,   2015-2022 (USD Million)
Table 7 Managed Services Market Size, By Deployment Mode,  2015-2022 (USD Million)
Table 8 Professional Services Market Size, By Deployment Mode,   2015-2022 (USD Million)
Table 9 Artificial Intelligence Platform Market Size, By Deployment Mode,  2015-2022 (USD Million)
Table 10 Artificial Intelligence Platform Market Size, By Application,   2015-2022 (USD Million)
Table 11 Forecasts And Prescriptive Models: Artificial Intelligence Platform Application Market Size, By Component, 2015-2022 (USD Million)
Table 12 Chatbots: Artificial Intelligence Platform Application Market Size,   By Component, 2015-2022 (USD Million)
Table 13 Speech Recognition: Artificial Intelligence Platform Application Market Size, By Component, 2015-2022 (USD Million)
Table 14 Text Recognition: Artificial Intelligence Platform Application Market Size,  By Component, 2015-2022 (USD Million)
Table 15 Others: Artificial Intelligence Platform Application Market Size,   By Component, 2015-2022 (USD Million)
Table 16 Artificial Intelligence Platform Market Size, By End-User,   2015-2022 (USD Million)
Table 17 Manufacturing: Artificial Intelligence Platform Market Size,  By Component, 2015-2022 (USD Million)
Table 18 Manufacturing: Artificial Intelligence Platform Market Size,  By Region, 2015-2022 (USD Million)
Table 19 Healthcare: Artificial Intelligence Platform Market Size,  By Component, 2015-2022 (USD Million)
Table 20 Healthcare: Artificial Intelligence Platform Market Size, By Region,  2015-2022 (USD Million)
Table 21 Banking, Financial Services, And Insurance: Artificial Intelligence Platform Market Size, By Component, 2015-2022 (USD Million)
Table 22 Banking, Financial Services, And Insurance: Artificial Intelligence Platform Market Size, By Region, 2015-2022 (USD Million)
Table 23 Research And Academia: Artificial Intelligence Platform Market Size,  By Component, 2015-2022 (USD Million)
Table 24 Research And Academia: Artificial Intelligence Platform Market Size,  By Region, 2015-2022 (USD Million)
Table 25 Transportation: Artificial Intelligence Platform Market Size,  By Component, 2015-2022 (USD Million)
Table 26 Transportation: Artificial Intelligence Platform Market Size,  By Region, 2015-2022 (USD Million)
Table 27 Retail And Ecommerce: Artificial Intelligence Platform Market Size,  By Component, 2015-2022 (USD Million)
Table 28 Retail And Ecommerce: Artificial Intelligence Platform Market Size,  By Region, 2015-2022 (USD Million)
Table 29 Others: Artificial Intelligence Platform Market Size, By Component,  2015-2022 (USD Million)
Table 30 Others: Artificial Intelligence Platform Market Size, By Region,   2015-2022 (USD Million)
Table 31 Artificial Intelligence Platform Market Size, By Region,   2015-2022 (USD Million)
Table 32 North America: Artificial Intelligence Platform Market Size,  By Component, 2015-2022 (USD Million)
Table 33 North America: Artificial Intelligence Platform Market Size,  By Tool,  2015-2022 (USD Million)
Table 34 North America: Artificial Intelligence Platform Market Size,  By Service, 2015-2022 (USD Million)
Table 35 North America: Artificial Intelligence Platform Market Size,   By Deployment Mode, 2015-2022 (USD Million)
Table 36 North America: Artificial Intelligence Platform Market Size,  By Application, 2015-2022 (USD Million)
Table 37 North America: Artificial Intelligence Platform Market Size,  By End-User, 2015-2022 (USD Million)
Table 38 Europe: Artificial Intelligence Platform Market Size, By Component,  2015-2022 (USD Million)
Table 39 Europe: Artificial Intelligence Platform Market Size, By Tool,   2015-2022 (USD Million)
Table 40 Europe: Artificial Intelligence Platform Market Size, By Service,   2015-2022 (USD Million)
Table 41 Europe: Artificial Intelligence Platform Market Size,  By Deployment Mode, 2015-2022 (USD Million)
Table 42 Europe: Artificial Intelligence Platform Market Size, By Application,  2015-2022 (USD Million)
Table 43 Europe: Artificial Intelligence Platform Market Size, By End-User,  2015-2022 (USD Million)
Table 44 Asia Pacific: Artificial Intelligence Platform Market Size,  By Component, 2015-2022 (USD Million)
Table 45 Asia Pacific: Artificial Intelligence Platform Market Size,  By Tool,  2015-2022 (USD Million)
Table 46 Asia Pacific: Artificial Intelligence Platform Market Size, By Service,  2015-2022 (USD Million)
Table 47 Asia Pacific: Artificial Intelligence Platform Market Size,   By Deployment Mode, 2015-2022 (USD Million)
Table 48 Asia Pacific: Artificial Intelligence Platform Market Size,  By Application, 2015-2022 (USD Million)
Table 49 Asia Pacific: Artificial Intelligence Platform Market Size, By End-User, 2015-2022 (USD Million)
Table 50 Middle East And Africa: Artificial Intelligence Platform Market Size,  By Component, 2015-2022 (USD Million)
Table 51 Middle East And Africa: Artificial Intelligence Platform Market Size,  By Tool, 2015-2022 (USD Million)
Table 52 Middle East And Africa: Artificial Intelligence Platform Market Size,  By Service, 2015-2022 (USD Million)
Table 53 Middle East And Africa: Artificial Intelligence Platform Market Size,  By Deployment Mode, 2015-2022 (USD Million)
Table 54 Middle East And Africa: Artificial Intelligence Platform Market Size,  By Application, 2015-2022 (USD Million)
Table 55 Middle East And Africa: Artificial Intelligence Platform Market Size,  By End-User, 2015-2022 (USD Million)
Table 56 Latin America: Artificial Intelligence Platform Market Size,  By Component, 2015-2022 (USD Million)
Table 57 Latin America: Artificial Intelligence Platform Market Size, By Tool,  2015-2022 (USD Million)
Table 58 Latin America: Artificial Intelligence Platform Market Size, By Service,  2015-2022 (USD Million)
Table 59 Latin America: Artificial Intelligence Platform Market Size,   By Deployment Mode, 2015-2022 (USD Million)
Table 60 Latin America: Artificial Intelligence Platform Market Size,  By Application, 2015-2022 (USD Million)
Table 61 Latin America: Artificial Intelligence Platform Market Size,  By End-User, 2015-2022 (USD Million)

List of Figures
Figure 1 Global Artificial Intelligence Platform Market: Market Segmentation
Figure 2 Global Artificial Intelligence Platform Market: Research Design
Figure 3 Data Triangulation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Artificial Intelligence Platform Market Snapshot,   By Component (2017 Vs. 2022)
Figure 7 Artificial Intelligence Platform Market Snapshot, By Tool
Figure 8 Artificial Intelligence Platform Market Snapshot, By Service Type
Figure 9 Artificial Intelligence Platform Market Snapshot,   By Deployment Mode
Figure 10 Artificial Intelligence Platform Market Snapshot,  By Application (2017 Vs. 2022)
Figure 11 Artificial Intelligence Platform Market Snapshot,   By End-User (2017 Vs. 2022)
Figure 12 Artificial Intelligence Platform Market Snapshot, By Region
Figure 13 Proliferation in Data Generation And Demand for Artificial Intelligence Solutions Are Expected to Drive the Overall Growth of the Artificial Intelligence Platform Market
Figure 14 Healthcare End-User is Expected to Have the Highest Growth Rate in the Artificial Intelligence Platform Market During the Forecast Period
Figure 15 Regional Lifecycle: Asia Pacific is Expected to Exhibit the Highest Growth Potential During the Forecast Period
Figure 16 Market Investment Scenario: Asia Pacific is Expected to Rise As the Best Opportunity Market for Investment in the Next 5 Years
Figure 17 Artificial Intelligence Platform Architecture
Figure 18 Artificial Intelligence Platform Market: Drivers, Restraints, Opportunities, And Challenges
Figure 19 Tools Segment is Expected to Exhibit a Higher CAGR During the Forecast Period
Figure 20 Machine Learning Tool is Expected to Exhibit a Higher CAGR During  the Forecast Period
Figure 21 Managed Services Segment is Expected to Lead the Artificial Intelligence Platform Market During the Forecast Period
Figure 22 Cloud Segment is Expected to Exhibit a Higher CAGR During  the Forecast Period
Figure 23 Text Recognition Segment is Expected to Exhibit the Highest CAGR During the Forecast Period
Figure 24 Healthcare End-User is Expected to Exhibit the Highest CAGR During the Forecast Period
Figure 25 North America is Expected to Have the Largest Market Share in  the Artificial Intelligence Platform Market
Figure 26 Asia Pacific is Expected to Have the Highest Growth Rate in the Artificial Intelligence Platform Market During the Forecast Period
Figure 27 North America: Market Snapshot
Figure 28 Asia Pacific: Market Snapshot
Figure 29 Artificial Intelligence Platform Market (Global) Competitive Leadership Mapping, 2017
Figure 30 Microsoft: Company Snapshot
Figure 31 Google: Company Snapshot
Figure 32 Ibm: Company Snapshot
Figure 33 Intel: Company Snapshot
Figure 34 Infosys: Company Snapshot
Figure 35 Wipro: Company Snapshot
Figure 36 Salesforce: Company Snapshot
Figure 37 Hpe: Company Snapshot
Figure 38 Qualcomm Technologies: Company Snapshot
Figure 39 Amazon Web Services: Company Snapshot
Figure 40 Sap: Company Snapshot

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  • Absolutdata
  • Amazon Web Services
  • Ayasdi
  • Google
  • HPE
  • IBM
  • Infosys
  • Intel
  • Microsoft
  • Qualcomm Technologies
  • Salesforce
  • Sap
  • Wipro
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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