LONDON–(BUSINESS WIRE)–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:
Artificial Intelligence Platforms Market size
Artificial Intelligence Platforms Market trends
Artificial Intelligence Platforms Market industry analysis
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
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist artificial intelligence platforms market growth during the next five years
Estimation of the artificial intelligence platforms market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the artificial intelligence platforms market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of artificial intelligence platforms market vendors
Table Of Contents:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Deployment
Comparison by Deployment
On-premise – Market size and forecast 2019-2024
Cloud-based – Market size and forecast 2019-2024
Market opportunity by Deployment
North America – Market size and forecast 2019-2024
APAC – Market size and forecast 2019-2024
Europe – Market size and forecast 2019-2024
South America – Market size and forecast 2019-2024
MEA – Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market Drivers – Demand led growth
Market positioning of vendors
Alibaba Group Holding Ltd.
Amazon Web Services Inc.
International Business Machines Corp.
Palantir Technologies Inc.
SAS Institute Inc.
Tata Consultancy Services Ltd.
Scope of the report
Currency conversion rates for US$
List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.