SAN FRANCISCO, June 23, 2022 / PRNewswire/ – A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Artificial Intelligence (AI) Platform – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
What’s New for 2022?
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies – Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to our digital archives and MarketGlass Research Platform
Complimentary updates for one year
Edition: 8; Released: January 2022
Executive Pool: 134264
Companies: 240 – Players covered include Absolutdata; Amazon Web Services; Apple inc .; Ayasdi; Enlitic, inc .; Facebook inc .; General Electric; General vision, inc .; Google LLC; Hewlett Packard Enterprise Development LP; IBM Corporation; icarbonX; Infosys; Intel Corporation; Micro Technology inc .; Microsoft Corporation; Next It Corporation; Qualcomm Technologies; Salesforce.com, inc .; SAMSUNG; SAP; Siemens AG; Wipro and Others.
Coverage: All major geographies and key segments
Segments: Deployment (Cloud, On-Premise); Application (Forecasts & Prescriptive Models, Chatbots, Speech Recognition, Text Recognition, Other Applications); End-Use (BFSI, Manufacturing, Healthcare, Research & Academia, Transportation, Retail & eCommerce, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Artificial Intelligence (AI) Platform Market to Reach $ 26.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Artificial Intelligence (AI) Platform estimated at US $ 6 Billionis projected to reach a revised size of US $ 26.3 Billion by 2026, growing at a CAGR of 27.7% over the analysis period. Cloud, one of the segments analyzed in the report, is projected to record a 29.1% CAGR and reach US $ 22.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Premise segment is readjusted to a revised 25.1% CAGR for the next 7-year period.
The US Market is Estimated at $ 2.4 Billion in 2021, While China is Forecast to Reach $ 4.5 Billion by 2026
The Artificial Intelligence (AI) Platform market in the US is estimated at US $ 2.4 Billion in the year 2021. Chinathe world`s second largest economy, is forecast to reach a projected market size of US $ 4.5 Billion by the year 2026 trailing a CAGR of 26.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 24.7% and 23.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 19.4% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
Zak Ali |
Director, Corporate Communications
Global Industry Analysts, Inc.
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SOURCE Global Industry Analysts, Inc.