AI as a Service (AIaaS) - Digital Infrastructure and Everything as a Service
“AI Platform as a Service” is the same as the platform as a service and allows basic app development. However, these products differ by machine learning options. The AI as a platform market is positively influenced by growing investments for the development of AI and rapid advancements of technologies. Asia-Pacific region is expected to witness a substantial growth at a high CAGR owing to the rapidly developing regions such as India, and China. The companies operating in the market, such as AWS, Google, and Microsoft, are investing significantly on the development of advanced AI solutions.
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Increasing volumes of data and the growing popularity of AI solutions are the major factors that are expected to drive the growth of the AI platform as a service market. However, data privacy concerns and slow digitization in several countries is acting as a major restraining factor in the market. The increasing demand for intelligent business application across various verticals is creating an opportunity for the companies operating in the AI platform as a service market to gain a strong market position and generate more revenues.
The "Global AI Platform as a Service Market Analysis to 2027" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of AI Platform as a Service market with detailed market segmentation by component, product, and geography. The Global AI Platform as a Service market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading AI Platform as a Service market players and offers key trends and opportunities in the market.
Top Industry Players
Absolutdata, Amazon Web Services, Inc., EdgeVerve Systems Limited (Infosys), Google LLC, IBM Corporation, Intel Corporation, Microsoft Corporation, Qualcomm Technologies, Inc., Salesforce.com, Inc., SAP SE
The report aims to provide an overview of Global AI Platform as a Service Market with detailed market segmentation by components, end-user verticals, and geography. The global AI Platform as a Service market is expected to witness high growth during the forecast period. Predictive maintenance techniques in industrial equipment and avoidance of unscheduled downtimes in the production cycle are some of the major factors driving this market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global AI Platform as a Service market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The AI Platform as a Service market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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· Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.