North America 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 Fo
Description
North America 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 North America AI as a Service Market would witness market growth of 40.5% CAGR during the forecast period (2023-2030).
AI marketplaces have emerged as platforms where businesses can discover, purchase, and deploy AI models and services. Recent developments in AI marketplaces have focused on broadening their product lines to include a wide range of AI models and services from various providers. These developments have made it easier for businesses to access AI capabilities from different sources, enabling them to find the right AI solutions for their specific needs.
Given their awareness of the benefits and capabilities of AI-based infrastructure, a considerable number of government organizations, particularly in emerging economies, are actively advocating for its development. Increasing expenditures on artificial intelligence and innovation in workflow efficiency technologies are expected to propel the demand for sophisticated analytical systems. Furthermore, the increased adoption of cloud-based solutions and the growing need for cognitive computing are anticipated to contribute to the market's expansion.
As the IT and telecom sector expands, there is a growing need for advanced technologies to support the infrastructure and operations of these industries. AIaaS provides a flexible and scalable way for companies to access AI capabilities without significant upfront investments in infrastructure or talent. This accessibility drives increased adoption of AI technologies across the IT and telecom sectors. Thus, these factors present lucrative growth prospects for the growth of the AI as a service market.
The US market dominated the North America 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 $31,379.7 million by 2030. The Canada market is showcasing a CAGR of 43.6% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 42.4% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
171 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 Cloud Type
- 1.4.4 North America AI as a Service Market, by Technology
- 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 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. North America AI as a Service Market by Organization Size
- 5.1 North America Large Enterprises Market by Region
- 5.2 North America Small & Medium-Sized Enterprises Market by Region
- Chapter 6. North America AI as a Service Market by Offering
- 6.1 North America Infrastructure as a Service Market by Country
- 6.2 North America Platform as a Service Market by Country
- 6.3 North America Software as a Service 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 Technology
- 8.1 North America Machine Learning Market by Country
- 8.2 North America Natural Language Processing Market by Country
- 8.3 North America Context Awareness Market by Country
- 8.4 North America Computer Vision Market by Country
- Chapter 9. North America AI as a Service Market by Vertical
- 9.1 North America BFSI Market by Country
- 9.2 North America IT & Telecom Market by Country
- 9.3 North America Retail & eCommerce Market by Country
- 9.4 North America Manufacturing Market by Country
- 9.5 North America Healthcare & Life Sciences Market by Country
- 9.6 North America Government & Defense Market by Country
- 9.7 North America Energy & Utilities Market by Country
- 9.8 North America Others Market by Country
- Chapter 10. North America AI as a Service Market by Country
- 10.1 US AI as a Service Market
- 10.1.1 US AI as a Service Market by Organization Size
- 10.1.2 US AI as a Service Market by Offering
- 10.1.3 US AI as a Service Market by Cloud Type
- 10.1.4 US AI as a Service Market by Technology
- 10.1.5 US AI as a Service Market by Vertical
- 10.2 Canada AI as a Service Market
- 10.2.1 Canada AI as a Service Market by Organization Size
- 10.2.2 Canada AI as a Service Market by Offering
- 10.2.3 Canada AI as a Service Market by Cloud Type
- 10.2.4 Canada AI as a Service Market by Technology
- 10.2.5 Canada AI as a Service Market by Vertical
- 10.3 Mexico AI as a Service Market
- 10.3.1 Mexico AI as a Service Market by Organization Size
- 10.3.2 Mexico AI as a Service Market by Offering
- 10.3.3 Mexico AI as a Service Market by Cloud Type
- 10.3.4 Mexico AI as a Service Market by Technology
- 10.3.5 Mexico AI as a Service Market by Vertical
- 10.4 Rest of North America AI as a Service Market
- 10.4.1 Rest of North America AI as a Service Market by Organization Size
- 10.4.2 Rest of North America AI as a Service Market by Offering
- 10.4.3 Rest of North America AI as a Service Market by Cloud Type
- 10.4.4 Rest of North America AI as a Service Market by Technology
- 10.4.5 Rest of North America 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
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