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North America AI as a Service Market Size, Share & Industry Trends Analysis Report By Organization Size, By Offering, By Technology, By Cloud Type (Public Cloud, Private Cloud and Hybrid Cloud), By Vertical, By Country and Growth Forecast, 2023 - 2029

Publisher Knowledge Based Value (KBV) Research
Published May 31, 2023
Length 139 Pages
SKU # KBV18095446

Description

North America AI as a Service Market Size, Share & Industry Trends Analysis Report By Organization Size, By Offering, By Technology, By Cloud Type (Public Cloud, Private Cloud and Hybrid Cloud), By Vertical, By Country and Growth Forecast, 2023 - 2029


The North America AI as a Service Market would witness market growth of 39.9% CAGR during the forecast period (2023-2029).

AI as a Service (AIaaS) describes the subscription-based cloud-based distribution of artificial intelligence (AI) tools and capabilities. Organizations can use cloud-based AI services in place of developing or maintaining their individual AI infrastructure. Offerings for AI as a service frequently include pre-built machine learning models, computer vision services, NLP tools, and other artificial intelligence capabilities that may be quickly incorporated into existing applications or utilized to create entirely new applications that AI powers.

For a very long time, AI was out of reach for most businesses due to the large, expensive equipment and the few (and therefore expensive) programmers who developed them. As a result, many businesses lacked adequate data for the study. But as cloud services have become so widely available, AI has become more available. Companies nowadays have access to unlimited data sets that can be collected and stored, with which AI as a Service can help.

The technology sector in Canada is booming. Canada has about 43,200 companies in the information and communications technology (ICT) sector. The use of artificial intelligence in conjunction with 5G's immediate response, as well as hyper-connectivity, is renewing the field's promise even though it has been prevalent for the past ten years. Various businesses already utilize AI to enhance resource usage, demand forecasting, and behavioral patterns; however, as AI approaches real-time data analysis, personalized requests will be met faster. Although the digital transformation was already underway in Canada prior to the pandemic, it has accelerated due to the need to adopt and develop new technology. In AI, Canada is making significant investments. Therefore, the region presents lucrative growth prospects for the market throughout the forecast period.

The US market dominated North America AI as a Service Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $21,917 million by 2029. The Canada market is poised to grow at a CAGR of 43% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 41.8% during (2023 - 2029).

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 Technology, the market is segmented into Machine Learning, Natural Language Processing, Context Awareness and Computer Vision. Based on Cloud Type, the market is segmented into Public Cloud, Private Cloud and Hybrid Cloud. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Retail & eCommerce, Manufacturing, Healthcare & Life Sciences, Government & Defense, Government & Defense and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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 and Salesforce, Inc.

Scope of the Study

Market Segments covered in the Report:

By Organization Size
  • Large Enterprises
  • Small & Medium-Sized Enterprises
By Offering
  • Infrastructure as a Service
  • Platform as a Service
  • Software as a Service
By Technology
  • Machine Learning
  • Natural Language Processing
  • Context Awareness
  • Computer Vision
By Cloud Type
  • Public Cloud
  • Private Cloud
  • Hybrid Cloud
By Vertical
  • BFSI
  • IT & Telecom
  • Retail & eCommerce
  • Manufacturing
  • Healthcare & Life Sciences
  • Government & Defense
  • Energy & Utilities
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
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.
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

139 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 as a Service Market, by Organization Size
1.4.2 North America AI as a Service Market, by Offering
1.4.3 North America AI as a Service Market, by Technology
1.4.4 North America AI as a Service Market, by Cloud Type
1.4.5 North America AI as a Service Market, by Vertical
1.4.6 North America AI as a Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2021, Mar – 2023, May) Leading Players
Chapter 4. North America AI as a Service Market by Organization Size
4.1 North America Large Enterprises Market by Country
4.2 North America Small & Medium-Sized Enterprises Market by Country
Chapter 5. North America AI as a Service Market by Offering
5.1 North America Infrastructure as a Service Market by Country
5.2 North America Platform as a Service Market by Country
5.3 North America Software as a Service Market by Country
Chapter 6. North America AI as a Service Market by Technology
6.1 North America Machine Learning Market by Country
6.2 North America Natural Language Processing Market by Country
6.3 North America Context Awareness Market by Country
6.4 North America Computer Vision Market by Country
Chapter 7. North America AI as a Service Market by Cloud Type
7.1 North America Public Cloud Market by Country
7.2 North America Private Cloud Market by Country
7.3 North America Hybrid Cloud Market by Country
Chapter 8. North America AI as a Service Market by Vertical
8.1 North America BFSI Market by Country
8.2 North America IT & Telecom Market by Country
8.3 North America Retail & eCommerce Market by Country
8.4 North America Manufacturing Market by Country
8.5 North America Healthcare & Life Sciences Market by Country
8.6 North America Government & Defense Market by Country
8.7 North America Energy & Utilities Market by Country
8.8 North America Others Market by Country
Chapter 9. North America AI as a Service Market by Country
9.1 US AI as a Service Market
9.1.1 US AI as a Service Market by Organization Size
9.1.2 US AI as a Service Market by Offering
9.1.3 US AI as a Service Market by Technology
9.1.4 US AI as a Service Market by Cloud Type
9.1.5 US AI as a Service Market by Vertical
9.2 Canada AI as a Service Market
9.2.1 Canada AI as a Service Market by Organization Size
9.2.2 Canada AI as a Service Market by Offering
9.2.3 Canada AI as a Service Market by Technology
9.2.4 Canada AI as a Service Market by Cloud Type
9.2.5 Canada AI as a Service Market by Vertical
9.3 Mexico AI as a Service Market
9.3.1 Mexico AI as a Service Market by Organization Size
9.3.2 Mexico AI as a Service Market by Offering
9.3.3 Mexico AI as a Service Market by Technology
9.3.4 Mexico AI as a Service Market by Cloud Type
9.3.5 Mexico AI as a Service Market by Vertical
9.4 Rest of North America AI as a Service Market
9.4.1 Rest of North America AI as a Service Market by Organization Size
9.4.2 Rest of North America AI as a Service Market by Offering
9.4.3 Rest of North America AI as a Service Market by Technology
9.4.4 Rest of North America AI as a Service Market by Cloud Type
9.4.5 Rest of North America AI as a Service Market by Vertical
Chapter 10. Company Profiles
10.1 IBM Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional & Segmental 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:
10.1.5.3 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Microsoft Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 Amazon Web Services, Inc. (Amazon.com, Inc.)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental Analysis
10.3.4 Recent strategies and developments:
10.3.4.1 Partnerships, Collaborations, and Agreements:
10.3.4.2 Product Launches and Product Expansions:
10.3.5 SWOT Analysis
10.4 Oracle Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Product Launches and Product Expansions:
10.4.5.3 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Google LLC (Alphabet Inc.)
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:
10.5.6 SWOT Analysis
10.6 Fair Isaac Corporation (FICO)
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:
10.7 Baidu, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.6 SWOT Analysis
10.8 SAS Institute, Inc.
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Partnerships, Collaborations, and Agreements:
10.8.2.2 Acquisition and Mergers:
10.9 SAP SE
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.9.6 SWOT Analysis
10.10. Salesforce, Inc.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Regional Analysis
10.10.4 Research & Development Expense
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, and Agreements:
10.10.6 SWOT Analysis

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