Intelligent Apps: The New Face of applications Industry

The rise in the necessity for advanced analytical tools, technological advancements concerning new product development, and increasing market for big data and analytics are some of the major factors driving the growth of intelligent apps market. However, less awareness of products and services is the major factor that may restrain the growth of the intelligent apps market. Moreover, increased adoption among developing economies is anticipated to offers a major opportunity for intelligent apps market expansion.

The intelligent apps use the functionalities of AI, cognitive computing, big data and analytics, and others to provide an advanced analytical output that can be utilized for different applications, such as prioritizing emails, security tooling, virtual personal assistants, virtual customer assistants, enterprise applications, and others.

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Some of the key players influencing the market are

IBM, Apple Inc., Ayasdi AI LLC, BigML, Inc., Google, H2O.ai., Hewlett Packard Enterprise Development LP, Microsoft, Oracle, SAP SE

The global Intelligent apps market is segmented on the basis of type, service, store type, deployment, vertical. On the basis of type, the market is segmented as consumer apps, enterprise apps. On the basis of service, the market is segmented as professional services, managed services.