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LAMEA 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

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    Report

  • 155 Pages
  • May 2023
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5833744
The Latin America, Middle East and Africa AI as a Service Market should witness market growth of 45.1% CAGR during the forecast period (2023-2029).

AIaaS is usually outsourced to a third-party vendor. The majority of intelligence suppliers, whether software developers, consultants, or firms offering professional services, offer such services themselves or work with organizations that can offer a wide range of comprehensive offerings for supporting a large-scale AI solution. Due to the extensive usage of big data and cloud-based applications and services, the market is growing quickly.

Recent technological developments, the high demand for AI-powered services like Software Development Kit (SDK) and Application Programming Interface (API), a rise in the number of inventive startups, and sizeable investments in industrial automation are all expected to contribute to the growth of the market. In addition, the growing demand for intelligent applications for business and the high demand for AI service integrators would also be very beneficial for the market. AI services have been aggressively adopted as a significant component of technology by businesses like IBM, Microsoft, Google, and other top players.

Due to the UAE's plans to establish a 5G and IoT open lab, a successful 5G and IoT ecosystem is being established in the region. Furthermore, to promote innovation and aid in the regional expansion of the ICT industry, the lab promotes collaboration among ecosystem actors. The 5G network will encourage the development of new use cases specific to particular business sectors together with increased capacity. Instead of the consumer industry, the B2B sector is expected to provide the majority of 5G revenue. Due to the increasing use of 5G, IoT, AI, and ML, this region is anticipated to significantly enhance AI in the telecom sector, which will support the growth of the overall market.

The Brazil market dominated the LAMEA 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 $1,364.5 million by 2029. The Argentina market is experiencing a CAGR of 45.9% during (2023-2029). Additionally, The UAE market would showcase a CAGR of 44.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

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

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • 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

  • Exhaustive coverage
  • The 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

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA AI as a Service Market, by Organization Size
1.4.2 LAMEA AI as a Service Market, by Offering
1.4.3 LAMEA AI as a Service Market, by Technology
1.4.4 LAMEA AI as a Service Market, by Cloud Type
1.4.5 LAMEA AI as a Service Market, by Vertical
1.4.6 LAMEA AI as a Service Market, by Country
1.5 Research Methodology
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 The 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. LAMEA AI as a Service Market by Organization Size
4.1 LAMEA Large Enterprises Market by Country
4.2 LAMEA Small & Medium-Sized Enterprises Market by Country
Chapter 5. LAMEA AI as a Service Market by Offering
5.1 LAMEA Infrastructure as a Service Market by Country
5.2 LAMEA Platform as a Service Market by Country
5.3 LAMEA Software as a Service Market by Country
Chapter 6. LAMEA AI as a Service Market by Technology
6.1 LAMEA Machine Learning Market by Country
6.2 LAMEA Natural Language Processing Market by Country
6.3 LAMEA Context Awareness Market by Country
6.4 LAMEA Computer Vision Market by Country
Chapter 7. LAMEA AI as a Service Market by Cloud Type
7.1 LAMEA Public Cloud Market by Country
7.2 LAMEA Private Cloud Market by Country
7.3 LAMEA Hybrid Cloud Market by Country
Chapter 8. LAMEA AI as a Service Market by Vertical
8.1 LAMEA BFSI Market by Country
8.2 LAMEA IT & Telecom Market by Country
8.3 LAMEA Retail & eCommerce Market by Country
8.4 LAMEA Manufacturing Market by Country
8.5 LAMEA Healthcare & Life Sciences Market by Country
8.6 LAMEA Government & Defense Market by Country
8.7 LAMEA Energy & Utilities Market by Country
8.8 LAMEA Others Market by Country
Chapter 9. LAMEA AI as a Service Market by Country
9.1 Brazil AI as a Service Market
9.1.1 Brazil AI as a Service Market by Organization Size
9.1.2 Brazil AI as a Service Market by Offering
9.1.3 Brazil AI as a Service Market by Technology
9.1.4 Brazil AI as a Service Market by Cloud Type
9.1.5 Brazil AI as a Service Market by Vertical
9.2 Argentina AI as a Service Market
9.2.1 Argentina AI as a Service Market by Organization Size
9.2.2 Argentina AI as a Service Market by Offering
9.2.3 Argentina AI as a Service Market by Technology
9.2.4 Argentina AI as a Service Market by Cloud Type
9.2.5 Argentina AI as a Service Market by Vertical
9.3 UAE AI as a Service Market
9.3.1 UAE AI as a Service Market by Organization Size
9.3.2 UAE AI as a Service Market by Offering
9.3.3 UAE AI as a Service Market by Technology
9.3.4 UAE AI as a Service Market by Cloud Type
9.3.5 UAE AI as a Service Market by Vertical
9.4 Saudi Arabia AI as a Service Market
9.4.1 Saudi Arabia AI as a Service Market by Organization Size
9.4.2 Saudi Arabia AI as a Service Market by Offering
9.4.3 Saudi Arabia AI as a Service Market by Technology
9.4.4 Saudi Arabia AI as a Service Market by Cloud Type
9.4.5 Saudi Arabia AI as a Service Market by Vertical
9.5 South Africa AI as a Service Market
9.5.1 South Africa AI as a Service Market by Organization Size
9.5.2 South Africa AI as a Service Market by Offering
9.5.3 South Africa AI as a Service Market by Technology
9.5.4 South Africa AI as a Service Market by Cloud Type
9.5.5 South Africa AI as a Service Market by Vertical
9.6 Nigeria AI as a Service Market
9.6.1 Nigeria AI as a Service Market by Organization Size
9.6.2 Nigeria AI as a Service Market by Offering
9.6.3 Nigeria AI as a Service Market by Technology
9.6.4 Nigeria AI as a Service Market by Cloud Type
9.6.5 Nigeria AI as a Service Market by Vertical
9.7 Rest of LAMEA AI as a Service Market
9.7.1 Rest of LAMEA AI as a Service Market by Organization Size
9.7.2 Rest of LAMEA AI as a Service Market by Offering
9.7.3 Rest of LAMEA AI as a Service Market by Technology
9.7.4 Rest of LAMEA AI as a Service Market by Cloud Type
9.7.5 Rest of LAMEA 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

Companies Mentioned

  • 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.

Methodology

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