Europe AI as a Service Market Size, Share & Trends Analysis Report By Organization Size, By Offering (Infrastructure as a Service, Platform as a Service and Software as a Service), By Cloud Type, By Technology, By Vertical, By Country and Growth Forecast,
Description
Europe AI as a Service Market Size, Share & Trends Analysis Report By Organization Size, By Offering (Infrastructure as a Service, Platform as a Service and Software as a Service), By Cloud Type, By Technology, By Vertical, By Country and Growth Forecast, 2023 - 2030
The Europe AI as a Service Market would witness market growth of 41.0% CAGR during the forecast period (2023-2030).
Machine learning frameworks, cognitive computing APIs, chatbots, and digital support are frequently utilized in AI as a service. Digital support tools such as chatbots replicate the language patterns of human users when responding, utilizing natural language processing (NLP) algorithms to learn from their interactions with users. Thus, customer service personnel are able to allocate their efforts toward more demanding tasks.
The usage of AI as a service spans a wide range of applications across numerous industries. In healthcare, AIaaS is used for medical imaging analysis, drug discovery, patient care optimization, and predictive analytics. In finance, AIaaS is applied in fraud detection, risk assessment, algorithmic trading, and customer service automation. In retail, AIaaS powers personalized recommendations, inventory management, demand forecasting, and supply chain optimization. These examples illustrate the versatility of AI as a service in addressing diverse business challenges and driving innovation in various sectors.
The AI as a service market has witnessed significant developments and innovations in recent years, driven by advancements in AI technologies and the evolving needs of businesses. The combination of AIaaS and edge computing is a noteworthy advancement that allows for the execution of AI inference in closer proximity to the data source, resulting in decreased latency and enhanced efficiency. In addition, AIaaS providers are developing frameworks and tools to address concerns regarding the ethical, fair, and transparent application of AI, as well as the growing emphasis on responsible AI. Furthermore, there is a growing trend among AIaaS platforms to provide industry-specific solutions specifically designed to address the distinct requirements of discrete sectors, including retail, healthcare, finance, and manufacturing.
Germany is another key player in the European eCommerce industry. The country has a strong economy and a large population of online shoppers. Germany's retail and eCommerce sector has been expanding rapidly, focusing on improving digital infrastructure, logistics, and customer experiences. As the retail and eCommerce sectors in France and Germany become more competitive, businesses are turning to AIaaS to gain a competitive advantage. AI-powered tools can help retailers gain insights into consumer behavior, identify market trends, and make data-driven decisions to stay ahead of the competition. Hence, all of these factors will aid in the expansion of the market in the coming years.
The Germany market dominated the Europe AI as a Service Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,434.9 million by 2030. The UK market is registering a CAGR of 39.8% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 42.1% during (2023 - 2030).
Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-Sized Enterprises. Based on Offering, the market is segmented into Infrastructure as a Service, Platform as a Service and Software as a Service. Based on Cloud Type, the market is segmented into Public Cloud, Private Cloud and Hybrid Cloud. Based on Technology, the market is segmented into Machine Learning, Natural Language Processing, Context Awareness, and Computer Vision. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Retail & eCommerce, Manufacturing, Healthcare & Life Sciences, Government & Defense, Energy & Utilities and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- IBM Corporation
- Microsoft Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Oracle Corporation
- Google LLC (Alphabet Inc.)
- Fair Isaac Corporation (FICO)
- Baidu, Inc.
- SAS Institute, Inc.
- SAP SE
- Salesforce, Inc.
By Organization Size
- Large Enterprises
- Small & Medium-Sized Enterprises
- Infrastructure as a Service
- Platform as a Service
- Software as a Service
- Public Cloud
- Private Cloud
- Hybrid Cloud
- Machine Learning
- Natural Language Processing
- Context Awareness
- Computer Vision
- BFSI
- IT & Telecom
- Retail & eCommerce
- Manufacturing
- Healthcare & Life Sciences
- Government & Defense
- Energy & Utilities
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
185 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe AI as a Service Market, by Organization Size
- 1.4.2 Europe AI as a Service Market, by Offering
- 1.4.3 Europe AI as a Service Market, by Cloud Type
- 1.4.4 Europe AI as a Service Market, by Technology
- 1.4.5 Europe AI as a Service Market, by Vertical
- 1.4.6 Europe AI as a Service Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2022
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jun – 2024, Jan) Leading Players
- 4.5 Porter’s Five Forces Analysis
- Chapter 5. Europe AI as a Service Market by Organization Size
- 5.1 Europe Large Enterprises Market by Country
- 5.2 Europe Small & Medium-Sized Enterprises Market by Country
- Chapter 6. Europe AI as a Service Market by Offering
- 6.1 Europe Infrastructure as a Service Market by Country
- 6.2 Europe Platform as a Service Market by Country
- 6.3 Europe Software as a Service Market by Country
- Chapter 7. Europe AI as a Service Market by Cloud Type
- 7.1 Europe Public Cloud Market by Country
- 7.2 Europe Private Cloud Market by Country
- 7.3 Europe Hybrid Cloud Market by Country
- Chapter 8. Europe AI as a Service Market by Technology
- 8.1 Europe Machine Learning Market by Country
- 8.2 Europe Natural Language Processing Market by Country
- 8.3 Europe Context Awareness Market by Country
- 8.4 Europe Computer Vision Market by Country
- Chapter 9. Europe AI as a Service Market by Vertical
- 9.1 Europe BFSI Market by Country
- 9.2 Europe IT & Telecom Market by Country
- 9.3 Europe Retail & eCommerce Market by Country
- 9.4 Europe Manufacturing Market by Country
- 9.5 Europe Healthcare & Life Sciences Market by Country
- 9.6 Europe Government & Defense Market by Country
- 9.7 Europe Energy & Utilities Market by Country
- 9.8 Europe Others Market by Country
- Chapter 10. Europe AI as a Service Market by Country
- 10.1 Germany AI as a Service Market
- 10.1.1 Germany AI as a Service Market by Organization Size
- 10.1.2 Germany AI as a Service Market by Offering
- 10.1.3 Germany AI as a Service Market by Cloud Type
- 10.1.4 Germany AI as a Service Market by Technology
- 10.1.5 Germany AI as a Service Market by Vertical
- 10.2 UK AI as a Service Market
- 10.2.1 UK AI as a Service Market by Organization Size
- 10.2.2 UK AI as a Service Market by Offering
- 10.2.3 UK AI as a Service Market by Cloud Type
- 10.2.4 UK AI as a Service Market by Technology
- 10.2.5 UK AI as a Service Market by Vertical
- 10.3 France AI as a Service Market
- 10.3.1 France AI as a Service Market by Organization Size
- 10.3.2 France AI as a Service Market by Offering
- 10.3.3 France AI as a Service Market by Cloud Type
- 10.3.4 France AI as a Service Market by Technology
- 10.3.5 France AI as a Service Market by Vertical
- 10.4 Russia AI as a Service Market
- 10.4.1 Russia AI as a Service Market by Organization Size
- 10.4.2 Russia AI as a Service Market by Offering
- 10.4.3 Russia AI as a Service Market by Cloud Type
- 10.4.4 Russia AI as a Service Market by Technology
- 10.4.5 Russia AI as a Service Market by Vertical
- 10.5 Spain AI as a Service Market
- 10.5.1 Spain AI as a Service Market by Organization Size
- 10.5.2 Spain AI as a Service Market by Offering
- 10.5.3 Spain AI as a Service Market by Cloud Type
- 10.5.4 Spain AI as a Service Market by Technology
- 10.5.5 Spain AI as a Service Market by Vertical
- 10.6 Italy AI as a Service Market
- 10.6.1 Italy AI as a Service Market by Organization Size
- 10.6.2 Italy AI as a Service Market by Offering
- 10.6.3 Italy AI as a Service Market by Cloud Type
- 10.6.4 Italy AI as a Service Market by Technology
- 10.6.5 Italy AI as a Service Market by Vertical
- 10.7 Rest of Europe AI as a Service Market
- 10.7.1 Rest of Europe AI as a Service Market by Organization Size
- 10.7.2 Rest of Europe AI as a Service Market by Offering
- 10.7.3 Rest of Europe AI as a Service Market by Cloud Type
- 10.7.4 Rest of Europe AI as a Service Market by Technology
- 10.7.5 Rest of Europe AI as a Service Market by Vertical
- Chapter 11. Company Profiles
- 11.1 IBM Corporation
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Regional & Segmental Analysis
- 11.1.4 Research & Development Expenses
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Partnerships, Collaborations, and Agreements:
- 11.1.5.2 Product Launches and Product Expansions:
- 11.1.5.3 Acquisition and Mergers:
- 11.1.6 SWOT Analysis
- 11.2 Microsoft Corporation
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Segmental and Regional Analysis
- 11.2.4 Research & Development Expenses
- 11.2.5 Recent strategies and developments:
- 11.2.5.1 Partnerships, Collaborations, and Agreements:
- 11.2.5.2 Acquisition and Mergers:
- 11.2.5.3 Product Launches and Product Expansions:
- 11.2.6 SWOT Analysis
- 11.3 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Segmental Analysis
- 11.3.4 Recent strategies and developments:
- 11.3.4.1 Partnerships, Collaborations, and Agreements:
- 11.3.4.2 Product Launches and Product Expansions:
- 11.3.5 SWOT Analysis
- 11.4 Oracle Corporation
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Segmental and Regional Analysis
- 11.4.4 Research & Development Expense
- 11.4.5 Recent strategies and developments:
- 11.4.5.1 Partnerships, Collaborations, and Agreements:
- 11.4.5.2 Product Launches and Product Expansions:
- 11.4.5.3 Acquisition and Mergers:
- 11.4.6 SWOT Analysis
- 11.5 Google LLC (Alphabet Inc.)
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Segmental and Regional Analysis
- 11.5.4 Research & Development Expense
- 11.5.5 Recent strategies and developments:
- 11.5.5.1 Partnerships, Collaborations, and Agreements:
- 11.5.5.2 Product Launches and Product Expansions:
- 11.5.6 SWOT Analysis
- 11.6 Fair Isaac Corporation (FICO)
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Segmental and Regional Analysis
- 11.6.4 Research & Development Expenses
- 11.6.5 Recent strategies and developments:
- 11.6.5.1 Partnerships, Collaborations, and Agreements:
- 11.6.6 SWOT Analysis
- 11.7 Baidu, Inc.
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Segmental Analysis
- 11.7.4 Research & Development Expenses
- 11.7.5 Recent strategies and developments:
- 11.7.5.1 Partnerships, Collaborations, and Agreements:
- 11.7.5.2 Product Launches and Product Expansions:
- 11.7.6 SWOT Analysis
- 11.8 SAS Institute, Inc.
- 11.8.1 Company Overview
- 11.8.2 Recent strategies and developments:
- 11.8.2.1 Partnerships, Collaborations, and Agreements:
- 11.8.2.2 Acquisition and Mergers:
- 11.8.2.3 Product Launches and Product Expansions:
- 11.8.3 SWOT Analysis
- 11.9 SAP SE
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Segmental and Regional Analysis
- 11.9.4 Research & Development Expense
- 11.9.5 SWOT Analysis
- 11.10. Salesforce, Inc.
- 11.10.1 Company Overview
- 11.10.2 Financial Analysis
- 11.10.3 Regional Analysis
- 11.10.4 Research & Development Expense
- 11.10.5 Recent strategies and developments:
- 11.10.5.1 Partnerships, Collaborations, and Agreements:
- 11.10.6 SWOT Analysis
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.


