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North America AI and Machine Learning in Business Market Size, Share & Trends Analysis Report By Component (Solution and Services), By Enterprise Size, By Industry Vertical, By Application, By Country and Growth Forecast, 2024 - 2031

Publisher Knowledge Based Value (KBV) Research
Published May 31, 2024
Length 157 Pages
SKU # KBV18864264

Description

North America AI and Machine Learning in Business Market Size, Share & Trends Analysis Report By Component (Solution and Services), By Enterprise Size, By Industry Vertical, By Application, By Country and Growth Forecast, 2024 - 2031


The North America AI and Machine Learning in Business Market would witness market growth of 30.1% CAGR during the forecast period (2024-2031).

The US market dominated the North America AI and Machine Learning in Business Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $316,033.2 million by 2031. The Canada market is experiencing a CAGR of 33% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 31.8% during (2024 - 2031).

Artificial Intelligence (AI) and Machine Learning (ML) have become integral components of modern business operations, revolutionizing industries. These technologies drive tangible innovations, reshaping how businesses operate, make decisions, and interact with customers. AI and machine learning in business market has experienced exponential growth in recent years, fueled by advancements in technology, increasing data volumes, and a growing need for automation and efficiency.

In today's highly competitive business landscape, gaining a competitive advantage is crucial for companies looking to succeed. Companies are achieving this by leveraging AI and machine learning to enhance various aspects of their operations. By utilizing these technologies, companies can improve customer experiences, personalize products and services, and optimize business operations, ultimately gaining an edge over their competitors.

AI will continue to be an important technology investment area in Canada in the coming years. As the Government of Canada attempts to legislate AI under Bill C-27, huge investments are being made in platforms and services to deliver AI and analytics at scale. Simultaneously, businesses are using analytics and AI tools to get the edge on identifying things like market inefficiencies and acting on them before competitors. Thus, the region presents lucrative opportunities for the market.

Based on Component, the market is segmented into Solution and Services. Based on Enterprise Size, the market is segmented into Large Enterprise and Small & Middle-sized Enterprise. Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Retail, Energy Sector & Utilities, Manufacturing & Logistics, Healthcare and Others. Based on Application, the market is segmented into Data Analytics, Predictive Analytics, Cyber Security, Supply Chain & Inventory Management and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • NVIDIA Corporation
  • Baidu, Inc.
  • SAP SE
  • Hewlett Packard Enterprise Company
  • Microsoft Corporation
  • IBM Corporation
  • Intel Corporation
  • Salesforce, Inc.
  • Google LLC (Alphabet Inc.)
  • Amazon.com, Inc.
North America AI and Machine Learning in Business Market Report Segmentation

By Component
  • Solution
  • Services
By Enterprise Size
  • Large Enterprise
  • Small & Middle-sized Enterprise
By Industry Vertical
  • BFSI
  • IT & Telecom
  • Retail
  • Energy Sector & Utilities
  • Manufacturing & Logistics
  • Healthcare
  • Others
By Application
  • Data Analytics
  • Predictive Analytics
  • Cyber Security
  • Supply Chain & Inventory Management
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

157 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America AI and Machine Learning in Business Market, by Component
1.4.2 North America AI and Machine Learning in Business Market, by Enterprise Size
1.4.3 North America AI and Machine Learning in Business Market, by Industry Vertical
1.4.4 North America AI and Machine Learning in Business Market, by Application
1.4.5 North America AI and Machine Learning in Business 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 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2021, May – 2024, Apr) Leading Players
4.4 Porter Five Forces Analysis
Chapter 5. North America AI and Machine Learning in Business Market by Component
5.1 North America Solution Market by Region
5.2 North America Services Market by Region
Chapter 6. North America AI and Machine Learning in Business Market by Enterprise Size
6.1 North America Large Enterprise Market by Country
6.2 North America Small & Middle-sized Enterprise Market by Country
Chapter 7. North America AI and Machine Learning in Business Market by Industry Vertical
7.1 North America BFSI Market by Country
7.2 North America IT & Telecom Market by Country
7.3 North America Retail Market by Country
7.4 North America Energy Sector & Utilities Market by Country
7.5 North America Manufacturing & Logistics Market by Country
7.6 North America Healthcare Market by Country
7.7 North America Others Market by Country
Chapter 8. North America AI and Machine Learning in Business Market by Application
8.1 North America Data Analytics Market by Country
8.2 North America Predictive Analytics Market by Country
8.3 North America Cyber Security Market by Country
8.4 North America Supply Chain & Inventory Management Market by Country
8.5 North America Others Market by Country
Chapter 9. North America AI and Machine Learning in Business Market by Country
9.1 US AI and Machine Learning in Business Market
9.1.1 US AI and Machine Learning in Business Market by Component
9.1.2 US AI and Machine Learning in Business Market by Enterprise Size
9.1.3 US AI and Machine Learning in Business Market by Industry Vertical
9.1.4 US AI and Machine Learning in Business Market by Application
9.2 Canada AI and Machine Learning in Business Market
9.2.1 Canada AI and Machine Learning in Business Market by Component
9.2.2 Canada AI and Machine Learning in Business Market by Enterprise Size
9.2.3 Canada AI and Machine Learning in Business Market by Industry Vertical
9.2.4 Canada AI and Machine Learning in Business Market by Application
9.3 Mexico AI and Machine Learning in Business Market
9.3.1 Mexico AI and Machine Learning in Business Market by Component
9.3.2 Mexico AI and Machine Learning in Business Market by Enterprise Size
9.3.3 Mexico AI and Machine Learning in Business Market by Industry Vertical
9.3.4 Mexico AI and Machine Learning in Business Market by Application
9.4 Rest of North America AI and Machine Learning in Business Market
9.4.1 Rest of North America AI and Machine Learning in Business Market by Component
9.4.2 Rest of North America AI and Machine Learning in Business Market by Enterprise Size
9.4.3 Rest of North America AI and Machine Learning in Business Market by Industry Vertical
9.4.4 Rest of North America AI and Machine Learning in Business Market by Application
Chapter 10. Company Profiles
10.1 NVIDIA Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 Google LLC (Alphabet Inc.)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Product Launches and Product Expansions:
10.2.5.3 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 Baidu, Inc.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 SAP SE
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.6 SWOT Analysis
10.5 Hewlett Packard Enterprise Company
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Product Launches and Product Expansions:
10.5.5.3 Acquisition and Mergers:
10.5.6 SWOT Analysis
10.6 Microsoft Corporation
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 IBM Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional & Segmental Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.7.5.2 Acquisition and Mergers:
10.7.5.3 Geographical Expansions:
10.7.6 SWOT Analysis
10.8 Intel Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Partnerships, Collaborations, and Agreements:
10.8.5.2 Acquisition and Mergers:
10.8.6 SWOT Analysis
10.9 Salesforce, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.9.5.2 Product Launches and Product Expansions:
10.9.5.3 Acquisition and Mergers:
10.9.6 SWOT Analysis
10.10. Amazon.com, Inc.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental Analysis
10.10.4 Recent strategies and developments:
10.10.4.1 Partnerships, Collaborations, and Agreements:
10.10.5 SWOT Analysis

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