WESTFORD, Mass., July 2, 2024 /PRNewswire/ -- According to
SkyQuest, the global Artificial Intelligence (AI) Platform
Market size was valued at USD 31.4
billion in 2022 and is poised to grow from USD 41.26 billion in 2023 to USD 366.93 billion by 2031, growing at a CAGR of
31.41% in the forecast period (2024-2031).
Advancements in artificial intelligence technology have led to
the development of novel artificial intelligence (AI) platforms.
Growing adoption of AI in almost all industry verticals is slated
to uplift the demand for novel artificial intelligence (AI)
platforms going forward. AI platform companies need to identify the
best segments to invest in and improve their market share to stay
ahead of the competition. The global artificial intelligence (AI)
platform market is segmented into component, deployment mode,
organization size, application, end user, and region.
Download a detailed overview:
https://www.skyquestt.com/sample-request/artificial-intelligence-platform-market
Artificial Intelligence (AI) Platform Market
Overview:
Report
Coverage
|
Details
|
Market Revenue in
2023
|
$ 41.26 Billion
|
Estimated Value by
2031
|
$ 366.93
Billion
|
Growth
Rate
|
Poised to grow at a
CAGR of 31.41%
|
Forecast
Period
|
2024–2031
|
Forecast
Units
|
Value (USD
Billion)
|
Report
Coverage
|
Revenue Forecast,
Competitive Landscape, Growth Factors, and
Trends
|
Segments
Covered
|
Component, Application
, Deployment mode, Organization Size and End-User
|
Geographies
Covered
|
North America, Europe,
Asia Pacific, Middle East & Africa, Latin America
|
Report
Highlights
|
Updated financial
information / product portfolio of players
|
Key Market
Opportunities
|
Growing Emphasis on
Data-Driven Decision-Making
|
Key Market
Drivers
|
Rapid Advancements in
Artificial Intelligence and Machine Learning
|
Segments covered in Artificial Intelligence (AI)
Platform Market are as follows:
- Component
- Tools (Natural Language Processing, Machine Learning), Services
(Managed Services, Professional Services)
- Application
- Forecast and Prescriptive Models, Chat Bots, Speech
Recognition, Text Recognition, Others
- Deployment Mode
- Organization Size
- End User
- Manufacturing, Healthcare, Banking Financial Services and
Insurance, Research and Academia, Transportation, Retail and
Ecommerce, Others
Request Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/artificial-intelligence-platform-market
AI Tools to Hold Sway Over AI Platform Market Due to their
Essential Role in AI Functionality
Most of the functionality of an artificial intelligence (AI)
platform comes from AI tools such as machine learning, natural
language processing, and deep learning. These tools help AI models
understand and interpret information in the right way to ensure the
accuracy of AI platforms. The rising use of AI tools in multiple
applications will also help this segment expand its market share.
Developing novel AI tools will be highly crucial for artificial
intelligence (AI) platform companies going forward. Meanwhile, the
demand for services will also see a robust hike by the end of the
forecast period. The need for integration, maintenance, and support
for novel artificial intelligence (AI) platforms is increasing
rapidly and this is what will offer new opportunities for
artificial intelligence (AI) platform companies in the future.
Chat Bots to Dominate AI Platforms with Better Efficiency and
Effectiveness
AI-powered chat bots are gaining popularity due to their
precision and effectiveness. Healthcare organizations can profit
more with the reliability on AI platforms for diagnostics, thereby
reducing dependability on human staff. Most businesses worldwide
are replacing humans with AI platforms to ensure better operations
and within less time.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/artificial-intelligence-platform-market
AI Platforms are Now Integral to Healthcare for Enhancing
Patient Outcomes and Experiences
Artificial intelligence is now penetrating the healthcare
sector, thereby influencing everything, every experience and
outcome ranging from research to patient care. The growing use of
AI to reduce the workload on healthcare professionals and to
improve patient outcomes has created a high demand for healthcare
AI platforms. The rising digitization of the healthcare industry
and the increasing use of smart virtual assistants to assist
patients are also contributing to a high market share of the
healthcare industry in this market.
Transportation is another key industry where the use of
artificial intelligence (AI) platforms is estimated to rise rapidly
in the future. Optimization of routes, enhancement of operations,
and predictive maintenance are some key applications of AI
platforms in the transportation space. Besides these, artificial
intelligence (AI) platform providers can also target BFSI,
manufacturing, and retail industries to take their revenue
generation to a whole new level.
Artificial intelligence (AI) platform providers will need to
invest heavily in the development of novel offerings specific to
user preferences. Adoption of automation and widespread
digitization are estimated to set the tone for artificial
intelligence (AI) platform market players and investing in all
segments will be fruitful in the long term.
Related Report:
AI Market
Artificial Intelligence of Things (AIoT) Market
Edge Artificial Intelligence (AI) Market
Mobile Artificial Intelligence (AI) Market
Artificial Intelligence (AI) Hardware Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and
Accelerator of Technology and assets. We provide access to
technologies, markets and finance across sectors viz. Life
Sciences, CleanTech, AgriTech, NanoTech and Information &
Communication Technology.
We work closely with innovators, inventors, innovation seekers,
entrepreneurs, companies and investors alike in leveraging external
sources of R&D. Moreover, we help them in optimizing the
economic potential of their intellectual assets. Our experiences
with innovation management and commercialization has expanded our
reach across North America,
Europe, ASEAN and Asia Pacific.
Contact:
Mr. Jagraj
Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
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