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Multimodal AI Market - Global Forecast to 2028

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    Report

  • 381 Pages
  • November 2023
  • Region: Global
  • Markets and Markets
  • ID: 5914269
Description Jump to:

The global multimodal AI market is valued at USD 1.0 billion in 2023 and is estimated to reach USD 4.5 billion by 2028, registering a CAGR of  35.0% during the forecast period. In today's data-driven world, an abundance of information is generated in unstructured formats such as text, images, and videos. This wealth of data is often rich in insights and valuable content, but its unstructured nature makes it challenging to process, analyze, and extract meaningful information using traditional analytics methods. Multimodal AI steps in as a transformative solution, allowing organizations to harness the riches concealed within unstructured data sources. With the capability to process and interpret information from videos, images, and text, multimodal AI surpasses the limitations of single-modal AI approaches, which are often confined to analyzing structured data or a single data type. This driver underscores the essential role of multimodal AI in addressing the increasing complexity of data analysis requirements in the digital age.

By solutions, the platform segment is projected to hold the largest market size during the forecast period

Multimodal AI solutions in the form of platforms represent comprehensive systems designed to handle and process diverse types of data simultaneously, including text, images, audio, and video. These platforms typically incorporate a range of advanced technologies such as machine learning, deep learning, and natural language processing to enable a holistic understanding of multimodal information. In practical terms, a multimodal AI platform allows users to develop, deploy, and manage AI models capable of handling multiple data modalities in a unified manner. These platforms empower organizations to build intelligent systems that can interpret and respond to complex, real-world scenarios by integrating insights from different data sources.

By data modality, Video Data segment is registered to grow at the highest CAGR during the forecast period

Video data consists of a sequence of frames, each containing visual content, and is a critical modality in multimodal AI applications. Video data allows AI systems to interpret dynamic scenes, track objects, recognize patterns, and understand temporal relationships, making it valuable in various domains such as surveillance, healthcare, and entertainment. The growing prevalence of video content on the internet, the increasing adoption of surveillance and monitoring systems, and the demand for more sophisticated video analytics in industries like retail and manufacturing drives the utilization of video data in multimodal AI.

Asia Pacific is projected to witness the highest CAGR during the forecast period.

The Asia Pacific region emerges as a vibrant hub of economic prowess and technological progress, forecasted to contribute a substantial 70% of global growth in 2023, surpassing other regions. With over half of the world's population residing in this region, any technological shifts, particularly those driven by AI, are anticipated to significantly influence its future trajectory. Several Asian countries, including China, India, Japan, and others, are actively embracing information-intensive AI technologies, with conversational AI leading the technological forefront. Nations like China, Japan, South Korea, India, and Singapore are making substantial investments in artificial intelligence, positioning the APAC region as the fastest-growing AI market globally.

Breakdown of primaries

In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the multimodal AI market.

  • By Company: Tier I: 35%, Tier II: 45%, and Tier III: 20%
  • By Designation: C-Level Executives: 35%, Directors: 25%, and Others: 40%
  • By Region: North America: 45%, Europe: 20%, Asia Pacific: 30%,  RoW: 5%

Major vendors offering multimodal AI and services across the globe are Google (US), Microsoft (US), OpenAI (US), Meta (US), AWS (US), IBM (US),  Twelve Labs (US), Aimesoft (US), Jina AI (Germany), Uniphore (US), Reka AI (US), Runway (US), Jiva.ai (UK), Vidrovr (US), Mobius Labs (US), Newsbridge (France), OpenStream.ai (US), Habana Labs (US), Modality.AI (US), Perceiv AI (Canada), Multimodal (US), Neuraptic AI (Spain), Inworld AI (US), Aiberry (US), One AI (US), Beewant (France), Owlbot.AI (US), Hoppr (US), Archetype AI (US), Stability AI (England).

Research Coverage

The market study covers multimodal AI across segments. It aims at estimating the market size and the growth potential across different segments, such as offering, data modality, technology, type,  vertical, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report 

The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market for multimodal AI and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following: 

  • Analysis of key drivers (The need to analyze unstructured data in multiple formats drives the multimodal AI market, The ability of multimodal AI to handle complex tasks and provide a holistic approach to problem-solving, Generative AI techniques to accelerate multimodal ecosystem development and The availability of large-scale machine learning models that support multimodality.), restraints (Susceptibility to bias in multimodal models and Processing and training multi-modal AI models demand extensive computational resources), opportunities (Rising demand for customized and industry-specific solutions, Enhanced adaptability to unseen data types propels multimodal AI forward, Data Management Services to empowering multimodal AI advancements), and challenges (Teaching AI to grasp nuance and context-dependent meanings poses complex linguistic challenges, Optimal data fusion presents complex challenges in multimodal AI integration, Limitations in transferability pose challenges for multimodal AI adaptation to diverse data types) influencing the growth of the multimodal AI market 
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the multimodal AI market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the multimodal AI market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in multimodal AI market strategies; the report also helps stakeholders understand the pulse of the multimodal AI market and provides them with information on key market drivers, restraints, challenges, and opportunities.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players such as Google (US), Microsoft (US), OpenAI (US), AWS (US), Meta (US) among others in the multimodal AI market.

Table of Contents

1    Introduction
1.1    Study Objectives
1.2    Market Definition
1.2.1    Inclusions and Exclusions
1.3    Market Scope
1.3.1    Market Segmentation
1.3.2    Regions Covered
1.4    Years Considered
1.5    Currency Considered
1.6    Stakeholders

2    Research Methodology
2.1    Research Data
Figure 1    Multimodal Ai Market: Research Design
2.1.1    Secondary Data
2.1.2    Primary Data
Table 1    Primary Interviews
2.1.2.1    Breakup of Primary Profiles
2.1.2.2    Key Industry Insights
2.2    Data Triangulation
Figure 2    Data Triangulation
2.3    Market Size Estimation
Figure 3    Multimodal Ai Market: Top-Down and Bottom-Up Approaches
2.3.1    Top-Down Approach
2.3.2    Bottom-Up Approach
Figure 4    Market Size Estimation Methodology - Approach 1 (Supply-Side): Flowchart Using Revenue from Multimodal Ai Solutions/Services
Figure 5    Market Size Estimation Methodology - Approach 2, Bottom-Up (Supply-Side): Collective Revenue from All Multimodal Ai Solution/Service Providers
Figure 6    Market Size Estimation Methodology - Approach 3, Bottom-Up (Supply-Side): Revenues of Top Players and Sources of Data
Figure 7    Market Size Estimation Methodology - Approach 4, Bottom-Up (Demand-Side): Share Through Overall Multimodal Ai Spending
2.4    Market Forecast
Table 2    Factor Analysis
2.5    Research Assumptions
2.6    Limitations
2.7    Implications of Recession on Multimodal Ai Market
Table 3    Impact of Recession on Global Multimodal Ai Market

3    Executive Summary
Table 4    Multimodal Ai Market Size and Growth Rate, 2017-2022 (USD Million, Y-O-Y)
Table 5    Multimodal Ai Market Size and Growth Rate, 2023-2028 (USD Million, Y-O-Y)
Figure 8    Solutions to Hold Larger Market in 2023
Figure 9    Platform Segment to Account for Largest Market Share in 2023
Figure 10    Cloud Deployment to be Larger Market in 2023
Figure 11    Professional Services to Account for Larger Market in 2023
Figure 12    Consulting to Account for Largest Share in 2023
Figure 13    Image Data to Account for Largest Market in 2023
Figure 14    Generative Multimodal Ai to Account for Largest Share in 2023
Figure 15    Natural Language Processing to Account for Largest Market in 2023
Figure 16    Healthcare & Life Sciences to Account for Largest Market Share in 2023
Figure 17    Asia-Pacific to Grow at Highest CAGR in Multimodal Ai Market

4    Premium Insights
4.1    Attractive Opportunities in Multimodal Ai Market
Figure 18    Increasing Need to Comprehend and Process Multiple Data Modalities Drives Market Growth
4.2    Multimodal Ai Market: Solutions
Figure 19    Software Segment to Grow at Highest CAGR in Multimodal Ai Market
4.3    Multimodal Ai Market, by Offering & Key Vertical
Figure 20    Solutions and Healthcare & Life Sciences Vertical to Account for Largest Shares in 2023
4.4    Multimodal Ai Market, by Region
Figure 21    North America to Account for Largest Share in 2023

5    Market Overview and Industry Trends
5.1    Introduction
5.2    Market Dynamics
Figure 22    Market Drivers, Restraints, Opportunities, and Challenges
5.2.1    Drivers
5.2.1.1    Need to Analyze Unstructured Data in Multiple Formats to Drive Multimodal Ai Market
5.2.1.2    Ability of Multimodal Ai to Handle Complex Tasks and Provide Holistic Approach to Problem-Solving to Boost Market
5.2.1.3    Generative Ai Techniques to Accelerate Multimodal Ecosystem Development
5.2.1.4    Availability of Large-Scale Machine Learning Models That Support Multimodality to Propel Market Growth
5.2.2    Restraints
5.2.2.1    Susceptibility to Bias in Multimodal Models
5.2.2.2    Processing and Training Multimodal Ai Models to Demand Extensive Computational Resources
5.2.3    Opportunities
5.2.3.1    Rising Demand for Customized and Industry-Specific Solutions
5.2.3.2    Enhanced Adaptability to Unseen Data Types to Propel Multimodal Ai Forward
5.2.3.3    Data Management Services to Empower Multimodal Ai Advancements
5.2.4    Challenges
5.2.4.1    Teaching Ai to Grasp Nuance and Context-Dependent Meanings to Pose Complex Linguistic Challenges
5.2.4.2    Optimal Data Fusion to Present Challenges in Multimodal Ai Integration
5.2.4.3    Limitations in Transferability to Pose Challenges for Multimodal Ai Adaptation to Diverse Data Types
5.3    Industry Trends
5.3.1    Multimodal Ai: Architecture
Figure 23    Multimodal Ai Architecture
5.3.2    Multimodal Ai: Evolution
Figure 24    Multimodal Ai Market Evolution
5.3.3    Value Chain Analysis
Figure 25    Multimodal Ai Market: Value Chain Analysis
5.3.4    Ecosystem/Market Map
Figure 26    Key Players in Multimodal Ai Market Ecosystem
Table 6    Multimodal Ai Market: Ecosystem
5.3.4.1    Solution Providers
5.3.4.2    Service Providers
5.3.4.3    End-users
5.3.4.4    Regulatory Bodies
5.3.5    Pricing Analysis
5.3.5.1    Average Selling Price Trend of Key Players: Top 3 Data Modalities
Figure 27    Average Selling Price Trend of Key Players: Top Three Data Modalities
Table 7    Average Selling Price Trend of Key Players for Top Three Data Modalities (USD)
5.3.5.2    Indicative Pricing Analysis of Multimodal Ai, by Solution
Table 8    Multimodal Ai: Indicative Pricing Levels of Multimodal Ai, by Solution
5.3.6    Porter’s Five Forces Analysis
Figure 28    Porter’s Five Forces Analysis
Table 9    Multimodal Ai Market: Porter’s Five Forces Analysis
5.3.6.1    Threat of New Entrants
5.3.6.2    Threat of Substitutes
5.3.6.3    Bargaining Power of Suppliers
5.3.6.4    Bargaining Power of Buyers
5.3.6.5    Intensity of Competitive Rivalry
5.3.7    Trends/Disruptions Impacting Customer’s Business
5.3.7.1    Trends/Disruptions Impacting Customer’s Business
Figure 29    Multimodal Ai Market: Trends/Disruptions Impacting Customer’s Business
5.3.8    Technology Analysis
Figure 30    Multimodal Ai Market: Technology Analysis
5.3.8.1    Key Technologies
5.3.8.1.1    Machine Learning
5.3.8.1.2    Natural Language Processing
5.3.8.1.3    AR & VR
5.3.8.1.4    Computer Vision
5.3.8.1.5    IoT
5.3.8.2    Complementary Technologies
5.3.8.2.1    Cloud Computing
5.3.8.2.2    Data Mining
5.3.8.2.3    Biometric Authentication
5.3.8.3    Adjacent Technologies
5.3.8.3.1    Big Data
5.3.8.3.2    Predictive Analytics
5.3.8.3.3    Edge Computing
5.3.8.3.4    Knowledge Graph
5.3.9    Case Study Analysis
5.3.9.1    Case Study 1: Associated Press Revolutionized Multimedia Processing with Vidrovr
5.3.9.2    Case Study 2: Scenexplain's Innovative Automation and Tagging Solution Revolutionized European E-Commerce Platform
5.3.9.3    Case Study 3: Global Banking Group Transformed Its Operations with Uniphore's Ai-Driven Compliance and Monitoring Solution
5.3.9.4    Case Study 4: Uniphore's U-Assist Solution Transformed Healthcare Services Company's Agent Guidance
5.3.9.5    Case Study 5: Telecom Leader Enhanced Efficiency and Customer Experience with Uniphore's Ai-Powered Automation
5.3.10    Patent Analysis
5.3.10.1    Methodology
5.3.10.2    Patents Filed, by Document Type
Table 10    Patents Filed, by Document Type
5.3.10.3    Innovation and Patent Applications
Figure 31    Number of Patents Granted in Last 10 Years, 2013-2023
5.3.10.3.1    Top 10 Applicants in Multimodal Ai Market
Figure 32    Top 10 Applicants in Multimodal Ai Market, 2013-2023
Figure 33    Regional Analysis of Patents Granted, 2013-2023
Table 11    Top 20 Patent Owners in Multimodal Ai Market, 2013-2023
Table 12    List of Patents Granted in Multimodal Ai Market, 2023
5.3.11    Trade Analysis
5.3.11.1    Import Scenario
Figure 34    Computer Software Import, by Key Country, 2015-2022 (USD Billion)
5.3.11.2    Export Scenario
Figure 35    Computer Software Export, by Key Country, 2015-2022 (USD Billion)
5.3.12    Key Conferences & Events, 2023-2025
Table 13    Multimodal Ai Market: Detailed List of Conferences & Events, 2023-2025
5.3.13    Tariff and Regulatory Landscape
5.3.13.1    Tariff Related to Multimodal Ai Solutions
Table 14    Tariff Related to Multimodal Ai Solutions, 2022
5.3.13.2    Regulatory Bodies, Government Agencies, and Other Organizations
Table 15    North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 16    Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 17    Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 18    Middle East & Africa: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 19    Latin America: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.3.13.3    North America
5.3.13.3.1    US
5.3.13.3.2    Canada
5.3.13.4    Europe
5.3.13.5    Asia-Pacific
5.3.13.5.1    South Korea
5.3.13.5.2    China
5.3.13.5.3    India
5.3.13.6    Middle East & Africa
5.3.13.6.1    UAE
5.3.13.6.2    KSA
5.3.13.6.3    Bahrain
5.3.13.7    Latin America
5.3.13.7.1    Brazil
5.3.13.7.2    Mexico
5.3.14    Key Stakeholders and Buying Criteria
5.3.14.1    Key Stakeholders in Buying Process
Figure 36    Influence of Stakeholders on Buying Process for Top Three Verticals
Table 20    Influence of Stakeholders on Buying Process for Top Three Verticals
5.3.14.2    Buying Criteria
Figure 37    Key Buying Criteria for Top Three Verticals
Table 21    Key Buying Criteria for Top Three Verticals
5.3.15    Best Practices in Multimodal Ai Market
5.3.16    Technology Roadmap of Multimodal Ai Market
Table 22    Short-Term Roadmap, 2023-2025
Table 23    Mid-Term Roadmap, 2026-2028
Table 24    Long-Term Roadmap, 2029-2030
5.3.17    Business Models of Multimodal Ai Market
5.3.17.1    Saas (Software as a Service) Platforms
5.3.17.2    Pay-Per-Use or Consumption-Based Pricing
5.3.17.3    Apis and Sdks (Software Development Kits)
5.3.17.4    Data Annotation and Labeling Services
5.3.17.5    Consulting and Integration Services

6    Multimodal AI Market, by Offering
6.1    Introduction
6.1.1    Offering: Multimodal Ai Market Drivers
Figure 38    Services Segment to Witness Higher CAGR During Forecast Period
Table 25    Multimodal Ai Market, by Offering, 2017-2022 (USD Million)
Table 26    Multimodal Ai Market, by Offering, 2023-2028 (USD Million)
6.2    Solutions
6.2.1    Growing Demand for Seamless Integration of Diverse Data Sources to Drive Multimodal Ai Solutions Market Growth
Figure 39    Platform Segment to Hold Largest Market Size During Forecast Period
Table 27    Multimodal Ai Market, by Solution, 2017-2022 (USD Million)
Table 28    Multimodal Ai Market, by Solution, 2023-2028 (USD Million)
Table 29    Solutions: Multimodal Ai Market, by Region, 2017-2022 (USD Million)
Table 30    Solutions: Multimodal Ai Market, by Region, 2023-2028 (USD Million)
6.2.2    Platform
6.2.2.1    Increasing Need for Unified Solutions Within Single Ecosystem to Drive Platform Segment
Table 31    Platform: Multimodal Ai Solutions Market, by Region, 2017-2022 (USD Million)
Table 32    Platform: Multimodal Ai Solutions Market, by Region, 2023-2028 (USD Million)
6.2.3    Software
6.2.3.1    Advanced Ai Solutions Offered by Software to Fuel Market Growth
Table 33    Software: Multimodal Ai Solutions Market, by Region, 2017-2022 (USD Million)
Table 34    Software: Multimodal Ai Solutions Market, by Region, 2023-2028 (USD Million)
6.2.4    Framework
6.2.4.1    Multimodal Ai Frameworks to Empower Developers with Open-Source and Cloud-Native Solutions
Table 35    Framework: Multimodal Ai Solutions Market, by Region, 2017-2022 (USD Million)
Table 36    Framework: Multimodal Ai Solutions Market, by Region, 2023-2028 (USD Million)
6.3    Solutions, by Deployment Mode
6.3.1    Adaptability to Choose Between Centralized Cloud-Based Processing or Localized, Secure On-Premises Deployments
Figure 40    Cloud Segment to Witness Higher CAGR During Forecast Period
Table 37    Multimodal Ai Market, by Deployment Mode, 2017-2022 (USD Million)
Table 38    Multimodal Ai Market, by Deployment Mode, 2023-2028 (USD Million)
6.3.2    Cloud
6.3.2.1    Cloud to Help Reduce Burden of Infrastructure Management and Overhead Costs
Table 39    Cloud: Multimodal Ai Market, by Region, 2017-2022 (USD Million)
Table 40    Cloud: Multimodal Ai Market, by Region, 2023-2028 (USD Million)
6.3.3    On-Premises
6.3.3.1    Stringent Data Governance and Security Requirements to Propel Market
Table 41    On-Premises: Multimodal Ai Market, by Region, 2017-2022 (USD Million)
Table 42    On-Premises: Multimodal Ai Market, by Region, 2023-2028 (USD Million)
6.4    Services
6.4.1    Services to Enable Organizations to Effectively Implement and Maintain Multimodal Ai Solutions
Figure 41    Professional Services to Hold Larger Market Size During Forecast Period
Table 43    Multimodal Ai Market, by Service, 2017-2022 (USD Million)
Table 44    Multimodal Ai Market, by Service, 2023-2028 (USD Million)
6.4.2    Professional Services
6.4.2.1    Requirement of Expert Guidance and Support in Implementing Multimodal Ai Solutions to Drive Segment’s Growth
Figure 42    Multimodal Data Annotation Segment to Witness Highest CAGR During Forecast Period
Table 45    Professional Services: Multimodal Ai Market, by Type, 2017-2022 (USD Million)
Table 46    Professional Services: Multimodal Ai Market, by Type, 2023-2028 (USD Million)
Table 47    Professional Services: Multimodal Ai Market, by Region, 2017-2022 (USD Million)
Table 48    Professional Services: Multimodal Ai Market, by Region, 2023-2028 (USD Million)
6.4.2.2    Consulting
Table 49    Consulting: Multimodal Ai Market, by Region, 2017-2022 (USD Million)
Table 50    Consulting: Multimodal Ai Market, by Region, 2023-2028 (USD Million)
6.4.2.3    Training & Workshops
Table 51    Training & Workshops: Multimodal Ai Market, by Region, 2017-2022 (USD Million)
Table 52    Training & Workshops: Multimodal Ai Market, by Region, 2023-2028 (USD Million)
6.4.2.4    Multimodal Data Integration
Table 53    Multimodal Data Integration: Multimodal Ai Market, by Region, 2017-2022 (USD Million)
Table 54    Multimodal Data Integration: Multimodal Ai Market, by Region, 2023-2028 (USD Million)
6.4.2.5    Custom Multimodal Ai Development
Table 55    Custom Multimodal Ai Development: Multimodal Ai Market, by Region, 2017-2022 (USD Million)
Table 56    Custom Multimodal Ai Development: Multimodal Ai Market, by Region, 2023-2028 (USD Million)
6.4.2.6    Multimodal Data Annotation
Table 57    Multimodal Data Annotation: Multimodal Ai Market, by Region, 2017-2022 (USD Million)
Table 60 Support & Maintenance: Market, by Region, 2023-2028 (USD Million)
6.4.3 Managed Services
6.4.3.1 Increasing Complexity of Ai Implementation to Foster Multimodal Ai Adoption
Table 61 Managed Services: Market, by Region, 2017-2022 (USD Million)
Table 62 Managed Services: Market, by Region, 2023-2028 (USD Million)
7 Multimodal AI Market, by Data Modality
7.1 Introduction
7.1.1 Data Modality: Market Drivers
Figure 43 Video Data Segment to Grow at Highest CAGR During Forecast Period
Table 63 Market, by Data Modality, 2017-2022 (USD Million)
Table 64 Market, by Data Modality, 2023-2028 (USD Million)
7.2 Image Data
7.2.1 Increasing Need for Advanced Visual Understanding to Fuel Market for Image Data
Table 65 Image Data: Market, by Region, 2017-2022 (USD Million)
Table 66 Image Data: Market, by Region, 2023-2028 (USD Million)
7.2.2 Image Recognition
7.2.3 Object Detection
7.2.4 Image Captioning
7.2.5 Image Generation
7.2.6 Others
7.3 Text Data
7.3.1 Text Data to Revolutionize Text Analysis and Information Extraction
Table 67 Text Data: Multimodal Ai Market, by Region, 2017-2022 (USD Million)
Table 68 Text Data: Market, by Region, 2023-2028 (USD Million)
7.3.2 Natural Language Understanding
7.3.3 Sentiment Analysis
7.3.4 Text Generation
7.3.5 Language Translation
7.3.6 Others
7.4 Speech and Voice Data
7.4.1 Speech & Voice Data to Drive Advancements in Voice Assistants, Voice Biometrics, and User Experiences
Table 69 Speech & Voice Data: Market, by Region, 2017-2022 (USD Million)
Table 70 Speech & Voice Data: Market, by Region, 2023-2028 (USD Million)
7.4.2 Speech and Voice Recognition
7.4.3 Voice Assistants
7.4.4 Voice Biometrics
7.4.5 Speech Synthesis
7.4.6 Others
7.5 Video Data
7.5.1 Surge in Video-Based Content Consumption and Demand for Enhanced Video Analytics to Propel Market
Table 71 Video Data: Multimodal Ai Market, by Region, 2017-2022 (USD Million)
Table 72 Video Data: Market, by Region, 2023-2028 (USD Million)
7.5.2 Video Analysis
7.5.3 Video Captioning
7.5.4 Video Generation
7.5.5 Others
7.6 Audio Data
7.6.1 Rising Adoption of Voice-Enabled Devices and Personalized Audio Experiences to Enhance Audio Data Market
Table 73 Audio Data: Market, by Region, 2017-2022 (USD Million)
Table 74 Audio Data: Market, by Region, 2023-2028 (USD Million)
7.6.2 Audio Processing
7.6.3 Music Analysis
7.6.4 Sound Classification
7.6.5 Others
7.7 Other Data Modalities
Table 75 Other Data Modalities: Market, by Region, 2017-2022 (USD Million)
Table 76 Other Data Modalities: Market, by Region, 2023-2028 (USD Million)

8 Multimodal Ai Market, by Technology
8.1 Introduction
8.1.1 Technology: Market Drivers
Figure 44 Natural Language Processing to Hold Largest Market Size During Forecast Period
Table 77 Market, by Technology, 2017-2022 (USD Million)
Table 78 Market, by Technology, 2023-2028 (USD Million)
8.2 Machine Learning
8.2.1 Continuous Evolution of Algorithms and Models in Machine Learning to Shape Market
Table 79 Machine Learning: Market, by Region, 2017-2022 (USD Million)
Table 80 Machine Learning: Market, by Region, 2023-2028 (USD Million)
8.3 Natural Language Processing
8.3.1 NLP to Revolutionize Communication and Comprehension in Various Industries and Applications
Table 81 Natural Language Processing: Multimodal Ai Market, by Region, 2017-2022 (USD Million)
Table 82 Natural Language Processing: Market, by Region, 2023-2028 (USD Million)
8.4 Computer Vision
8.4.1 Computer Vision to Transform Industries Through Enhanced Image and Video Analysis Functions
Table 83 Computer Vision: Market, by Region, 2017-2022 (USD Million)
Table 84 Computer Vision: Market, by Region, 2023-2028 (USD Million)
8.5 Context Awareness
8.5.1 Ability of Ai Systems to Interpret Data Based on Situational Context to Drive Segment’s Growth
Table 85 Context Awareness: Market, by Region, 2017-2022 (USD Million)
Table 86 Context Awareness: Market, by Region, 2023-2028 (USD Million)
8.6 Internet of Things
8.6.1 Surge in Interconnected Devices Generating Diverse Data Streams to Boost Market
Table 87 Internet of Things: Market, by Region, 2017-2022 (USD Million)
Table 88 Internet of Things: Market, by Region, 2023-2028 (USD Million)
9 Multimodal AI Market, by Type
9.1 Introduction
9.1.1 Type: Market Drivers
Figure 45 Interactive Multimodal Ai to Grow at Highest CAGR During Forecast Period
Table 89 Market, by Type, 2017-2022 (USD Million)
Table 90 Market, by Type, 2023-2028 (USD Million)
9.2 Generative Multimodal AI
9.2.1 Transformative Power of Generative Multimodal Ai to Extend Beyond Content Generation
Table 91 Generative Multimodal Ai: Market, by Region, 2017-2022 (USD Million)
Table 92 Generative Multimodal Ai: Market, by Region, 2023-2028 (USD Million)
9.3 Translative Multimodal AI
9.3.1 Ability to Translate and Interpret Information Across Different Data Modalities to Drive Segment’s Growth
Table 93 Translative Multimodal AI: Market, by Region, 2017-2022 (USD Million)
Table 94 Translative Multimodal AI: Market, by Region, 2023-2028 (USD Million)
9.4 Explanatory Multimodal AI
9.4.1 Increasing Demand for AI Systems That Offer Transparent Insights into Decision-Making Processes to Drive Segment’s Growth
Table 95 Explanatory Multimodal AI: Market, by Region, 2017-2022 (USD Million)
Table 96 Explanatory Multimodal AI: Market, by Region, 2023-2028 (USD Million)
9.5 Interactive Multimodal AI
9.5.1 Interactive Multimodal AI to Redefine Human-Machine Interactions Across Industries
Table 97 Interactive Multimodal AI: Market, by Region, 2017-2022 (USD Million)
Table 98 Interactive Multimodal AI: Market, by Region, 2023-2028 (USD Million)
10 Multimodal Ai Market, by Vertical
10.1 Introduction
10.1.1 Vertical: Market Drivers
Figure 46 Automotive, Transportation & Logistics Vertical to Register Highest CAGR During Forecast Period
Table 99 Market, by Vertical, 2017-2022 (USD Million)
Table 100 Market, by Vertical, 2023-2028 (USD Million)
10.2 Healthcare and Life Sciences
Table 101 Healthcare & Life Sciences: Market, by Region, 2017-2022 (USD Million)
Table 102 Healthcare & Life Sciences: Market, by Region, 2023-2028 (USD Million)
10.2.1 Medical Imaging and Diagnostics
10.2.2 Precision Medicine
10.2.3 Lifestyle Management & Monitoring, and Wearables
10.2.4 Medical Research
10.2.5 Robotic Surgery Assistance
10.2.6 Patient Data Risk Analysis
10.2.7 Other Applications
10.3 Banking, Financial Services, and Insurance
Table 103 BFSI: Market, by Region, 2017-2022 (USD Million)
Table 104 BFSI: Market, by Region, 2023-2028 (USD Million)
10.3.1 Fraud Detection
10.3.2 Risk Assessment
10.3.3 Customer Service
10.3.4 Insurance Underwriting
10.3.5 Financial Planning & Wealth Management
10.3.6 Personalization of Financial Product Recommendations
10.3.7 Other Applications
10.4 Retail & E-Commerce
Table 105 Retail & E-Commerce: Multimodal Ai Market, by Region, 2017-2022 (USD Million)
Table 106 Retail & E-Commerce: Market, by Region, 2023-2028 (USD Million)
10.4.1 Multimodal Search and Personalized Recommendation
10.4.2 Supply Chain Optimization
10.4.3 Price Optimization
10.4.4 Chatbot & Virtual Assistants
10.4.5 Virtual Store Management & Customer Assistant
10.4.6 Augmented Reality Shopping Experiences
10.4.7 Other Applications
10.5 Automotive, Transportation, and Logistics
Table 107 Automotive, Transportation, and Logistics: Market, by Region, 2017-2022 (USD Million)
Table 108 Automotive, Transportation, and Logistics: Market, by Region, 2023-2028 (USD Million)
10.5.1 Semi-Autonomous & Autonomous Vehicles
10.5.2 Route Optimization
10.5.3 Smart Logistics and Warehousing
10.5.4 Supply Chain Visibility and Tracking
10.5.5 Traffic Pattern Analysis
10.5.6 Driver Monitoring System
10.5.7 Other Applications
10.6 Telecommunications
Table 109 Telecommunications: Multimodal Ai Market, by Region, 2017-2022 (USD Million)
Table 110 Telecommunications: Market, by Region, 2023-2028 (USD Million)
10.6.1 Network Optimization
10.6.2 Network Security
10.6.3 Customer Service Support
10.6.4 Network Fault Prediction
10.6.5 Virtual Network Assistant
10.6.6 Intelligent Call Routing
10.6.7 Other Applications
10.7 Government and Public Sector
Table 111 Government & Public Sector: Market, by Region, 2017-2022 (USD Million)
Table 112 Government & Public Sector: Market, by Region, 2023-2028 (USD Million)
10.7.1 Autonomous Surveillance & Monitoring System
10.7.2 Disaster Response & Discovery Assistant
10.7.3 E-Governance & Digital City Services
10.7.4 Law Enforcement
10.7.5 Transportation Management
10.7.6 Environmental Monitoring
10.7.7 Other Applications
10.8 Manufacturing
Table 113 Manufacturing: Multimodal Ai Market, by Region, 2017-2022 (USD Million)
Table 114 Manufacturing: Market, by Region, 2023-2028 (USD Million)
10.8.1 Predictive Maintenance
10.8.2 Quality Control
10.8.3 Inventory Management
10.8.4 Cost Optimization
10.8.5 Supply Chain Optimization
10.8.6 Production Line Optimization
10.8.7 Other Applications
10.9 Media and Entertainment
Table 115 Media & Entertainment: Market, by Region, 2017-2022 (USD Million)
Table 116 Media & Entertainment: Market, by Region, 2023-2028 (USD Million)
10.9.1 Personalized Content Recommendations
10.9.2 Content Creation and Generation
10.9.3 Content Copyright Protection
10.9.4 Audience Analytics and Segmentation
10.9.5 Personalized Advertising
10.9.6 Social Media Analysis
10.9.7 Other Applications
10.10 Other Verticals
Table 117 Other Verticals: Market, by Region, 2017-2022 (USD Million)
Table 118 Other Verticals: Market, by Region, 2023-2028 (USD Million)
11 Multimodal AI Market, by Region
11.1 Introduction
Figure 47 South Africa to Witness Highest CAGR During Forecast Period
Figure 48 Asia-Pacific to Account for Highest CAGR During Forecast Period
Table 119 Market, by Region, 2017-2022 (USD Million)
Table 120 Market, by Region, 2023-2028 (USD Million)
11.2 North America
11.2.1 North America: Market Drivers
11.2.2 North America: Recession Impact
Figure 49 North America: Multimodal Ai Market Snapshot
Table 121 North America: Market, by Country, 2017-2022 (USD Million)
Table 122 North America: Multimodal Ai Market, by Country, 2023-2028 (USD Million)
Table 123 North America: Market, by Offering, 2017-2022 (USD Million)
Table 124 North America: Market, by Offering, 2023-2028 (USD Million)
Table 125 North America: Market, by Solution, 2017-2022 (USD Million)
Table 126 North America: Market, by Solution, 2023-2028 (USD Million)
Table 127 North America: Multimodal Ai Solutions Market, by Deployment Mode, 2017-2022 (USD Million)
Table 128 North America: Multimodal Ai Solutions Market, by Deployment Mode, 2023-2028 (USD Million)
Table 129 North America: Market, by Service, 2017-2022 (USD Million)
Table 130 North America: Market, by Service, 2023-2028 (USD Million)
Table 131 North America: Market, by Professional Service, 2017-2022 (USD Million)
Table 132 North America: Market, by Professional Service, 2023-2028 (USD Million)
Table 133 North America: Market, by Data Modality, 2017-2022 (USD Million)
Table 134 North America: Market, by Data Modality, 2023-2028 (USD Million)
Table 135 North America: Market, by Type, 2017-2022 (USD Million)
Table 136 North America: Market, by Type, 2023-2028 (USD Million)
Table 137 North America: Market, by Technology, 2017-2022 (USD Million)
Table 138 North America: Market, by Technology, 2023-2028 (USD Million)
Table 139 North America: Market, by Vertical, 2017-2022 (USD Million)
Table 140 North America: Market, by Vertical, 2023-2028 (USD Million)
11.2.3 US
11.2.3.1 Presence of Significant Number of Top-Tier Ai Researchers in US Institutions to Drive Market Growth
11.2.4 Canada
11.2.4.1 Robust Canadian Commitment to Ai Innovation to Propel Multimodal Ai Sector
11.3 Europe
11.3.1 Europe: Market Drivers
11.3.2 Europe: Recession Impact
Table 141 Europe: Multimodal Ai Market, by Country, 2017-2022 (USD Million)
Table 142 Europe: Market, by Country, 2023-2028 (USD Million)
Table 143 Europe: Market, by Offering, 2017-2022 (USD Million)
Table 144 Europe: Market, by Offering, 2023-2028 (USD Million)
Table 145 Europe: Market, by Solution, 2017-2022 (USD Million)
Table 146 Europe: Market, by Solution, 2023-2028 (USD Million)
Table 147 Europe: Multimodal Ai Solutions Market, by Deployment Mode, 2017-2022 (USD Million)
Table 148 Europe: Multimodal Ai Solutions Market, by Deployment Mode, 2023-2028 (USD Million)
Table 149 Europe: Market, by Service, 2017-2022 (USD Million)
Table 150 Europe: Market, by Service, 2023-2028 (USD Million)
Table 151 Europe: Market, by Professional Service, 2017-2022 (USD Million)
Table 152 Europe: Market, by Professional Service, 2023-2028 (USD Million)
Table 153 Europe: Market, by Data Modality, 2017-2022 (USD Million)
Table 154 Europe: Market, by Data Modality, 2023-2028 (USD Million)
Table 155 Europe: Market, by Type, 2017-2022 (USD Million)
Table 156 Europe: Market, by Type, 2023-2028 (USD Million)
Table 157 Europe: Market, by Technology, 2017-2022 (USD Million)
Table 158 Europe: Market, by Technology, 2023-2028 (USD Million)
Table 159 Europe: Market, by Vertical, 2017-2022 (USD Million)
Table 160 Europe: Multimodal Ai Market, by Vertical, 2023-2028 (USD Million)
11.3.3 UK
11.3.3.1 Vast Repository of Health Records to Serve as Substantial Asset and Advantage for UK’s Market
11.3.4 Germany
11.3.4.1 Dedicated Financial Commitment and Strategic Investments in Infrastructure to Drive Adoption of Ai and Ml Technologies
11.3.5 France
11.3.5.1 Strategic Focus on Open-Source Ai Initiatives in France to Boost Multimodal Ai Development
11.3.6 Spain
11.3.6.1 Active Support and Initiatives from Spanish Government to Accelerate Growth of Ai
11.3.7 Italy
11.3.7.1 Implementation of Three-Year Strategic Plan for Ai to Expand Italian Market
11.3.8 Rest of Europe

11.4    Asia-Pacific
11.4.1    Asia-Pacific: Multimodal Ai Market Drivers
11.4.2    Asia-Pacific: Recession Impact
Figure 50    Asia-Pacific: Market Snapshot
Table 161    Asia-Pacific: Multimodal Ai Market, by Country/Region, 2017-2022 (USD Million)
Table 162    Asia-Pacific: Multimodal Ai Market, by Country/Region, 2023-2028 (USD Million)
Table 163    Asia-Pacific: Multimodal Ai Market, by Offering, 2017-2022 (USD Million)
Table 164    Asia-Pacific: Multimodal Ai Market, by Offering, 2023-2028 (USD Million)
Table 165    Asia-Pacific: Multimodal Ai Market, by Solution, 2017-2022 (USD Million)
Table 166    Asia-Pacific: Multimodal Ai Market, by Solution, 2023-2028 (USD Million)
Table 167    Asia-Pacific: Multimodal Ai Solutions Market, by Deployment Mode, 2017-2022 (USD Million)
Table 168    Asia-Pacific: Multimodal Ai Solutions Market, by Deployment Mode, 2023-2028 (USD Million)
Table 169    Asia-Pacific: Multimodal Ai Market, by Service, 2017-2022 (USD Million)
Table 170    Asia-Pacific: Multimodal Ai Market, by Service, 2023-2028 (USD Million)
Table 171    Asia-Pacific: Multimodal Ai Market, by Professional Service, 2017-2022 (USD Million)
Table 172    Asia-Pacific: Multimodal Ai Market, by Professional Service, 2023-2028 (USD Million)
Table 173    Asia-Pacific: Multimodal Ai Market, by Data Modality, 2017-2022 (USD Million)
Table 174    Asia-Pacific: Multimodal Ai Market, by Data Modality, 2023-2028 (USD Million)
Table 175    Asia-Pacific: Multimodal Ai Market, by Type, 2017-2022 (USD Million)
Table 176    Asia-Pacific: Multimodal Ai Market, by Type, 2023-2028 (USD Million)
Table 177    Asia-Pacific: Multimodal Ai Market, by Technology, 2017-2022 (USD Million)
Table 178    Asia-Pacific: Multimodal Ai Market, by Technology, 2023-2028 (USD Million)
Table 179    Asia-Pacific: Multimodal Ai Market, by Vertical, 2017-2022 (USD Million)
Table 180    Asia-Pacific: Multimodal Ai Market, by Vertical, 2023-2028 (USD Million)
11.4.3    China
11.4.3.1    Substantial Investments Made by Chinese Government in Ai R&D to Foster Market Growth
11.4.4    Japan
11.4.4.1    Focus on Ai-Driven Robotics and Healthcare Solutions to Drive Nation’s Advancement in Multimodal Ai Market
11.4.5    India
11.4.5.1    Indian Government’s Doubled Investment in Ai and Ml Research and Establishment of National Program on Ai to Boost Market
11.4.6    South Korea
11.4.6.1    Strong Emphasis on Patenting Across Diverse Ai Fields to Drive Growth in South Korean Multimodal Ai Market
11.4.7    ASEAN Countries
11.4.7.1    Active Engagement of Governments and Authorities Across Nations to Drive Market
11.4.8    Australia & New Zealand
11.4.8.1    Increasing Investment in Software Solutions to Bolster Multimodal Ai Software Market
11.4.9    Rest of Asia-Pacific
11.5    Middle East & Africa
11.5.1    Middle East & Africa: Multimodal Ai Market Drivers
11.5.2    Middle East & Africa: Recession Impact
Table 181    Middle East & Africa: Multimodal Ai Market, by Country/Region, 2017-2022 (USD Million)
Table 182    Middle East & Africa: Multimodal Ai Market, by Country/Region, 2023-2028 (USD Million)
Table 183    Middle East & Africa: Multimodal Ai Market, by Offering, 2017-2022 (USD Million)
Table 184    Middle East & Africa: Multimodal Ai Market, by Offering, 2023-2028 (USD Million)
Table 185    Middle East & Africa: Multimodal Ai Market, by Solution, 2017-2022 (USD Million)
Table 186    Middle East & Africa: Multimodal Ai Market, by Solution, 2023-2028 (USD Million)
Table 187    Middle East & Africa: Multimodal Ai Solutions Market, by Deployment Mode, 2017-2022 (USD Million)
Table 188    Middle East & Africa: Multimodal Ai Solutions Market, by Deployment Mode, 2023-2028 (USD Million)
Table 189    Middle East & Africa: Multimodal Ai Market, by Service, 2017-2022 (USD Million)
Table 190    Middle East & Africa: Multimodal Ai Market, by Service, 2023-2028 (USD Million)
Table 191    Middle East & Africa: Multimodal Ai Market, by Professional Service, 2017-2022 (USD Million)
Table 192    Middle East & Africa: Multimodal Ai Market, by Professional Service, 2023-2028 (USD Million)
Table 193    Middle East & Africa: Multimodal Ai Market, by Data Modality, 2017-2022 (USD Million)
Table 194    Middle East & Africa: Multimodal Ai Market, by Data Modality, 2023-2028 (USD Million)
Table 195    Middle East & Africa: Multimodal Ai Market, by Type, 2017-2022 (USD Million)
Table 196    Middle East & Africa: Multimodal Ai Market, by Type, 2023-2028 (USD Million)
Table 197    Middle East & Africa: Multimodal Ai Market, by Technology, 2017-2022 (USD Million)
Table 198    Middle East & Africa: Multimodal Ai Market, by Technology, 2023-2028 (USD Million)
Table 199    Middle East & Africa: Multimodal Ai Market, by Vertical, 2017-2022 (USD Million)
Table 200    Middle East & Africa: Multimodal Ai Market, by Vertical, 2023-2028 (USD Million)
11.5.3    UAE
11.5.3.1    Implementation of National Artificial Intelligence Strategy 2031 to Highlight Country’s Commitment to Ai Adoption
11.5.4    KSA
11.5.4.1    Government’s Commitment to Technological Progress and Economic Diversification Outlined in Vision 2030 Initiative to Drive Market Growth
11.5.5    Egypt
11.5.5.1    Surge in Egypt’s Government-Led Initiatives and Institutional Commitments to Ai Education and Research to Propel Market
11.5.6    South Africa
11.5.6.1    Growth of ICT Sector and Adoption of Ai Technologies to Fuel Diverse Ai-Driven Solutions
11.5.7    Turkey
11.5.7.1    Global Initiative in NLP Poised to Uplift Growth in Multimodal Ai Market
11.5.8    Qatar
11.5.8.1    Exponential Growth of Ai Technology in Country to Help Boost Market
11.5.9    Rest of Middle East & Africa
11.6    Latin America
11.6.1    Latin America: Multimodal Ai Market Drivers
11.6.2    Latin America: Recession Impact
Table 201    Latin America: Multimodal Ai Market, by Country, 2017-2022 (USD Million)
Table 202    Latin America: Multimodal Ai Market, by Country, 2023-2028 (USD Million)
Table 203    Latin America: Multimodal Ai Market, by Offering, 2017-2022 (USD Million)
Table 204    Latin America: Multimodal Ai Market, by Offering, 2023-2028 (USD Million)
Table 205    Latin America: Multimodal Ai Market, by Solution, 2017-2022 (USD Million)
Table 206    Latin America: Multimodal Ai Market, by Solution, 2023-2028 (USD Million)
Table 207    Latin America: Multimodal Ai Solutions Market, by Deployment Mode, 2017-2022 (USD Million)
Table 208    Latin America: Multimodal Ai Solutions Market, by Deployment Mode, 2023-2028 (USD Million)
Table 209    Latin America: Multimodal Ai Market, by Service, 2017-2022 (USD Million)
Table 210    Latin America: Multimodal Ai Market, by Service, 2023-2028 (USD Million)
Table 211    Latin America: Multimodal Ai Market, by Professional Service, 2017-2022 (USD Million)
Table 212    Latin America: Multimodal Ai Market, by Professional Service, 2023-2028 (USD Million)
Table 213    Latin America: Multimodal Ai Market, by Data Modality, 2017-2022 (USD Million)
Table 214    Latin America: Multimodal Ai Market, by Data Modality, 2023-2028 (USD Million)
Table 215    Latin America: Multimodal Ai Market, by Type, 2017-2022 (USD Million)
Table 216    Latin America: Multimodal Ai Market, by Type, 2023-2028 (USD Million)
Table 217    Latin America: Multimodal Ai Market, by Technology, 2017-2022 (USD Million)
Table 218    Latin America: Multimodal Ai Market, by Technology, 2023-2028 (USD Million)
Table 219    Latin America: Multimodal Ai Market, by Vertical, 2017-2022 (USD Million)
Table 220    Latin America: Multimodal Ai Market, by Vertical, 2023-2028 (USD Million)
11.6.3    Brazil
11.6.3.1    Growing Implementation of Stringent Regulations to Create Favorable Environment for Multimodal Ai in Brazil
11.6.4    Mexico
11.6.4.1    Mexican Government to Shape Development and Adoption of Ai Technology
11.6.5    Argentina
11.6.5.1    Developed Telecommunications Infrastructure to Help Foster Market Growth
11.6.6    Rest of Latin America

12    Competitive Landscape
12.1    Overview
12.2    Key Player Strategies/Right to Win
Table 221    Overview of Strategies Adopted by Key Multimodal Ai Vendors
12.3    Revenue Analysis
Figure 51    Business Segment Revenue Analysis for Key Players, 2018-2022 (USD Billion)
12.4    Market Share Analysis
Figure 52    Multimodal Ai Market: Market Share Analysis for Key Players, 2022
Table 222    Multimodal Ai Market: Degree of Competition
12.5    Brand/Product Comparative Analysis
Table 223    Brand/Product Comparative Analysis
12.6    Company Evaluation Matrix, 2022
12.6.1    Stars
12.6.2    Emerging Leaders
12.6.3    Pervasive Players
12.6.4    Participants
Figure 53    Multimodal Ai Market: Company Evaluation Matrix, 2022
12.6.5    Company Footprint for Key Players
Figure 54    Product Footprint (20 Companies)
Table 224    Vertical Footprint (20 Companies)
Table 225    Regional Footprint (20 Companies)
Table 226    Company Footprint (20 Companies)
12.7    Startup/Sme Evaluation Matrix, 2022
12.7.1    Progressive Companies
12.7.2    Responsive Companies
12.7.3    Dynamic Companies
12.7.4    Starting Blocks
Figure 55    Multimodal Ai Market: Startup/Sme Evaluation Matrix, 2022
12.7.5    Competitive Benchmarking
Table 227    Multimodal Ai Market: Detailed List of Key Startup/Smes
Table 228    Multimodal Ai Market: Competitive Benchmarking of Startups/Smes
12.8    Competitive Scenario and Trends
12.8.1    Product Launches
Table 229    Multimodal Ai Market: Product Launches, January 2021-November 2023
12.8.2    Deals
Table 230    Multimodal Ai Market: Deals, January 2021-November 2023
12.8.3    Others
Table 231    Multimodal Ai Market: Others, January 2021- November 2023
12.9    Valuation and Financial Metrics of Key Vendors
Figure 56    Valuation and Financial Metrics of Key Vendors
12.10    YTD Price Total Return and 5-Year Stock Beta of Key Vendors
Figure 57    Ytd Price Total Return and 5-Year Stock Beta of Key Vendors

13    Company Profiles
13.1    Introduction
13.2    Key Players
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View)*
13.2.1    Google
Table 232    Google: Business Overview
Figure 58    Google: Company Snapshot
Table 233    Google: Products/Solutions/Services Offered
Table 234    Google: Product Launches and Enhancements
Table 235    Google: Deals
Table 236    Google: Others
13.2.2    Microsoft
Table 237    Microsoft: Business Overview
Figure 59    Microsoft: Company Snapshot
Table 238    Microsoft: Products/Solutions/Services Offered
Table 239    Microsoft: Product Launches and Enhancements
Table 240    Microsoft: Deals
13.2.3    Openai
Table 241    Openai: Business Overview
Table 242    Openai: Products/Solutions/Services Offered
Table 243    Openai: Product Launches and Enhancements
Table 244    Openai: Deals
Table 245    Openai: Others
13.2.4    Meta
Table 246    Meta: Business Overview
Figure 60    Meta: Company Snapshot
Table 247    Meta: Products/Solutions/Services Offered
Table 248    Meta: Product Launches and Enhancements
Table 249    Meta: Deals
13.2.5    AWS
Table 250    AWS: Business Overview
Figure 61    AWS: Company Snapshot
Table 251    AWS: Products/Solutions/Services Offered
Table 252    AWS: Product Launches and Enhancements
Table 253    AWS: Deals
Table 254    AWS: Others
13.2.6    IBM
Table 255    IBM: Business Overview
Figure 62    IBM: Company Snapshot
Table 256    IBM: Products/Solutions/Services Offered
Table 257    IBM: Product Launches and Enhancements
Table 258    IBM: Deals
Table 259    IBM: Others
13.2.7    Twelve Labs
Table 260    Twelve Labs: Business Overview
Table 261    Twelve Labs: Products/Solutions/Services Offered
Table 262    Twelve Labs: Product Launches and Enhancements
Table 263    Twelve Labs: Deals
13.2.8    Aimesoft
Table 264    Aimesoft: Business Overview
Table 265    Aimesoft: Products/Solutions/Services Offered
Table 266    Aimesoft: Product Launches and Enhancements
13.2.9    Jina AI
Table 267    Jina AI: Business Overview
Table 268    Jina AI: Products/Solutions/Services Offered
Table 269    Jina AI: Product Launches and Enhancements
13.2.10    Uniphore
Table 270    Uniphore: Business Overview
Table 271    Uniphore: Products/Solutions/Services Offered
Table 272    Uniphore: Product Launches and Enhancements
Table 273    Uniphore: Deals
Table 274    Uniphore: Others
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View Might Not be Captured in Case of Unlisted Companies.
13.3    Other Players
13.3.1    Habana Labs
13.3.2    Reka AI
13.3.3    Runway AI
13.3.4    Jiva.AI
13.3.5    Modality.AI
13.3.6    Openstream.AI
13.3.7    Vidrovr
13.3.8    Mobius Labs
13.3.9    Newsbridge
13.3.10    Perceiv AI
13.4    Startups/Smes
13.4.1    Multimodal
13.4.2    Neuraptic AI
13.4.3    Inworld AI
13.4.4    Aiberry
13.4.5    One AI
13.4.6    Beewant
13.4.7    Owlbot.AI
13.4.8    Hoppr
13.4.9    Archetype AI
13.4.10    Stability AI

14    Adjacent and Related Markets
14.1    Adjacent and Related Markets
14.1.1    Introduction
14.2    Generative AI Market - Global Forecast to 2030
14.2.1    Market Definition
14.2.2    Market Overview
Table 275    Global Generative Ai Market Size and Growth Rate, 2019-2022 (USD Million, Y-O-Y %)
Table 276    Global Generative Ai Market Size and Growth Rate, 2023-2030 (USD Million, Y-O-Y %)
14.2.3    Generative Ai Market, by Offering
Table 277    Generative Ai Market, by Offering, 2019-2022 (USD Million)
Table 278    Generative Ai Market, by Offering, 2023-2030 (USD Million)
14.2.4    Generative Ai Market, by Region
Table 279    Generative Ai Market, by Region, 2019-2022 (USD Million)
Table 280    Generative Ai Market, by Region, 2023-2030 (USD Million)
14.3    Natural Language Processing Market - Global Forecast to 2030
14.3.1    Market Definition
14.3.2    Market Overview
Table 281    Natural Language Processing Market Size and Growth Rate, 2017-2022 (USD Million, Y-O-Y)
Table 282    Natural Language Processing Market Size and Growth Rate, 2023-2028 (USD Million, Y-O-Y)
14.3.3    Natural Language Processing Market, by Offering
Table 283    Natural Language Processing Market, by Offering, 2017-2022 (USD Million)
Table 284    Natural Language Processing Market, by Offering, 2023-2028 (USD Million)
14.3.4    Natural Language Processing Market, by Type
Table 285    Natural Language Processing Market, by Type, 2017-2022 (USD Million)
Table 286    Natural Language Processing Market, by Type, 2023-2028 (USD Million)
14.3.5    Natural Language Processing Market, by Application
Table 287    Natural Language Processing Market, by Application, 2017-2022 (USD Million)
Table 288    Natural Language Processing Market, by Application, 2023-2028 (USD Million)
14.3.6    Natural Language Processing Market, by Technology
Table 289    Natural Language Processing Market, by Technology, 2017-2022 (USD Million)
Table 290    Natural Language Processing Market, by Technology, 2023-2028 (USD Million)
14.3.7    Natural Language Processing Market, by Vertical
Table 291    Natural Language Processing Market, by Vertical, 2017-2022 (USD Million)
Table 292    Natural Language Processing Market, by Vertical, 2023-2028 (USD Million)
14.3.8    Natural Language Processing Market, by Region
Table 293    Natural Language Processing Market, by Region, 2017-2022 (USD Million)
Table 294    Natural Language Processing Market, by Region, 2023-2028 (USD Million)
15    Appendix
15.1    Discussion Guide

Companies Mentioned

  • Google    
  • Microsoft    
  • OpenAI
  • Meta    
  • AWS    
  • IBM    
  • Twelve Labs    
  • Aimesoft    
  • Jina AI
  • Uniphore    
  • Habana Labs    
  • Reka AI
  • Runway AI   
  • Jiva.AI    
  • Modality.AI    
  • Openstream.AI    
  • Vidrovr    
  • Mobius Labs    
  • Newsbridge    
  • Perceiv AI
  • Multimodal    
  • Neuraptic AI   
  • Inworld AI    
  • Aiberry    
  • One AI 
  • Beewant    
  • Owlbot.AI    
  • Hoppr    
  • Archetype AI 
  • Stability AI  

Table Information

Report AttributeDetails
No. of Pages381
PublishedNovember 2023
Forecast Period2023 - 2028
Estimated Market Value ( USD ) in 2023 $ 1 Billion
Forecasted Market Value ( USD ) by 2028 $ 4.5 Billion
Compound Annual Growth Rate35.0%
Regions CoveredGlobal
No. of Companies Mentioned30

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