+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

North America Cloud AI Market Size, Share & Industry Trends Analysis Report By Type, By Industry, By Technology (Solution Deep Learning, Machine Learning, Natural Language Processing), By Country and Growth Forecast, 2023-2029

  • PDF Icon

    Report

  • 124 Pages
  • April 2023
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5806653
The North America Cloud AI Market should witness market growth of 36.7% CAGR during the forecast period (2023-2029).

Customers are moving to a "cloud first" strategy for updating/replacing traditional systems and to a "cloud only" approach when constructing their next-generation competitive advantage systems and offerings. This is because none of the third platform technologies, including big data & analytics, the Internet of Things (IoT), and cognitive/AI technologies, are feasible without the cloud serving as the basis. In addition, nearly all international IT experts agree that the continued advancement of cloud technology will significantly advance AI capabilities.

Another factor contributing to the expansion of AI in cloud applications is improving the speed at which goods are produced and delivered to clients. Conventional robotic process automation (RPA) technology can only perform simple screen automation, which is the laborious process of manually collecting data from one application, validating it, and then pasting it into another. Current RPA suppliers use laborious, time-consuming bespoke code based on versioning, governance, and deployment components to incorporate machine learning applications.

The Canadian government has a "cloud-first" strategy, according to which cloud services are recognized and assessed as the primary delivery option when beginning information technology investments, initiatives, plans, and projects. The cloud is also anticipated to give the Canadian government access to the inventiveness of private-sector suppliers to improve the agility of its information technology. Cloud suppliers are boosting the demand for AI by providing a range of tools and services that simplify creating, testing, improving, and using AI systems without making significant initial investments. All these factors are predicted to lead to market growth in the North America region.

The US market dominated the North America Cloud AI Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $93,621.6 million by 2029. The Canada market is poised to grow at a CAGR of 39.8% during (2023-2029). Additionally, The Mexico market should witness a CAGR of 38.6% during (2023-2029).

Based on Type, the market is segmented into Solution and Services. Based on Industry, the market is segmented into IT & Telecom, Government, Manufacturing, BFSI, Automotive & Transportation, Healthcare & Life Sciences, Retail, and Others. Based on Technology, the market is segmented into Solution Deep Learning, Machine Learning, Natural Language Processing, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., Google LLC (Alphabet, Inc.), IBM Corporation, Intel Corporation, Microsoft Corporation, Oracle Corporation, MicroStrategy, Inc., NVIDIA Corporation, Salesforce, Inc. and QlikTech International AB.

Scope of the Study

By Type

  • Solution
  • Services

By Industry

  • IT & Telecom
  • Government
  • Manufacturing
  • BFSI
  • Automotive & Transportation
  • Healthcare & Life Sciences
  • Retail
  • Others

By Technology

  • Deep Learning
  • Machine Learning
  • Natural Language Processing
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Apple, Inc.
  • Google LLC (Alphabet, Inc.)
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • MicroStrategy, Inc.
  • NVIDIA Corporation
  • Salesforce, Inc.
  • QlikTech International AB

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 North America Cloud AI Market, by Type
1.4.2 North America Cloud AI Market, by Industry
1.4.3 North America Cloud AI Market, by Technology
1.4.4 North America Cloud AI Market, by Country
1.5 Methodology for the research
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 Analyst's 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: 2018, Jul-2023, Mar) Leading Players
Chapter 4. North America Cloud AI Market by Type
4.1 North America Solution Market by Country
4.2 North America Services Market by Country
Chapter 5. North America Cloud AI Market by Industry
5.1 North America IT & Telecom Market by Country
5.2 North America Government Market by Country
5.3 North America Manufacturing Market by Country
5.4 North America BFSI Market by Country
5.5 North America Automotive & Transportation Market by Country
5.6 North America Healthcare & Life Sciences Market by Country
5.7 North America Retail Market by Country
5.8 North America Other Industry Market by Country
Chapter 6. North America Cloud AI Market by Technology
6.1 North America Deep Learning Market by Country
6.2 North America Machine Learning Market by Country
6.3 North America Natural Language Processing Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Cloud AI Market by Country
7.1 US Cloud AI Market
7.1.1 US Cloud AI Market by Type
7.1.2 US Cloud AI Market by Industry
7.1.3 US Cloud AI Market by Technology
7.2 Canada Cloud AI Market
7.2.1 Canada Cloud AI Market by Type
7.2.2 Canada Cloud AI Market by Industry
7.2.3 Canada Cloud AI Market by Technology
7.3 Mexico Cloud AI Market
7.3.1 Mexico Cloud AI Market by Type
7.3.2 Mexico Cloud AI Market by Industry
7.3.3 Mexico Cloud AI Market by Technology
7.4 Rest of North America Cloud AI Market
7.4.1 Rest of North America Cloud AI Market by Type
7.4.2 Rest of North America Cloud AI Market by Industry
7.4.3 Rest of North America Cloud AI Market by Technology
Chapter 8. Company Profiles
8.1 Apple, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Google LLC (Alphabet, Inc.)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 IBM Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional & Segmental Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Intel Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Microsoft Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Oracle Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.5.2 Acquisition and Mergers:
8.6.5.3 Partnerships, Collaborations, and Agreements:
8.6.6 SWOT Analysis
8.7 MicroStrategy, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.8 NVIDIA Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.8.6 SWOT Analysis
8.9 Salesforce, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.9.6 SWOT Analysis
8.10. QlikTech International AB
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Acquisition and Mergers:

Companies Mentioned

  • Apple, Inc.
  • Google LLC (Alphabet, Inc.)
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • MicroStrategy, Inc.
  • NVIDIA Corporation
  • Salesforce, Inc.
  • QlikTech International AB

Methodology

Loading
LOADING...