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Applied AI Service Market Size, Share & Trends Analysis Report By Component, By Deployment, By Technology (Machine Learning, Computer Vision), By Industry Vertical, By Region, And Segment Forecasts, 2024 - 2030

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    Report

  • 150 Pages
  • August 2024
  • Region: Global
  • Grand View Research
  • ID: 5999005

Applied AI Service Market Size & Trends

The applied AI service market size was estimated at USD 235.6 million in 2023 and is expected to register a CAGR of 26.2% from 2024 to 2030. The market is witnessing significant growth, driven by the rising adoption of AI solutions by companies seeking a competitive advantage. The growing recognition of AI's capabilities, coupled with the need for businesses to remain competitive, is likely to accelerate the integration of AI solutions into core business functions. As organizations seek to leverage AI for improved decision-making and automation, the demand for applied AI services is anticipated to surge, making it a critical area for future growth and innovation in the technology landscape. Across various industries, including healthcare, retail, finance, and manufacturing, AI is becoming increasingly influential.

Technological advancements are continually influencing the evolution of the Applied AI market. AI algorithms are growing more advanced, enabling them to manage increasingly complex tasks. The integration of AI with other emerging technologies, such as the Internet of Things (IoT) and blockchain, is creating new opportunities for innovation and automation. Cloud-based AI solutions are also on the rise, favored for their scalability and cost-effectiveness. Additionally, improvements in natural language processing and computer vision are enhancing AI systems' ability to understand and interact with humans, leading to better customer service and user experiences. These technological advancements are poised to drive further growth and innovation in the Applied AI market.

Global Applied AI Service Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global applied AI service market report based on component, deployment, technology, industry vertical, and region:
  • Component Outlook (Revenue, USD Million, 2018 - 2030)
  • Hardware
  • Software
  • Services
  • Deployment Outlook (Revenue, USD Million, 2018 - 2030)
  • On-premises
  • Cloud
  • Technology Outlook (Revenue, USD Million, 2018 - 2030)
  • Machine Learning
  • Music & Entertainment
  • Natural Language Processing
  • Others
  • Industry Vertical Outlook (Revenue, USD Million, 2018 - 2030)
  • Healthcare
  • Retail
  • BFSI
  • Manufacturing
  • Retail & e-commerce
  • Transportation & Logistics
  • Media & Entertainment
  • Others
  • Regional Outlook (Revenue, USD Million, 2018 - 2030)
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Latin America
  • Brazil
  • Mexico
  • Middle East and Africa (MEA)
  • Kingdom of Saudi Arabia
  • UAE
  • South Africa

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets


This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Applied AI Service Market Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Drivers Analysis
3.2.2. Market Restraints Analysis
3.2.3. Industry Opportunities
3.2.4. Industry Challenges
3.3. Applied AI Service Market Analysis Tools
3.3.1. Porter’s Five Forces Analysis
3.3.2. PESTEL Analysis
Chapter 4. Applied AI Service Market: Component Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Applied AI Service Market: Component Movement Analysis, USD Million, 2023 & 2030
4.3. Hardware
4.3.1. Hardware Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Software
4.4.1. Software Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Services
4.5.1. Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Applied AI Service Market: Deployment Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Applied AI Service Market: Deployment Movement Analysis, USD Million, 2023 & 2030
5.3. On-premises
5.3.1. On-premises Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Cloud
5.4.1. Cloud Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Applied AI Service Market: Technology Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Applied AI Service Market: Technology Movement Analysis, USD Million, 2023 & 2030
6.3. Machine Learning
6.3.1. Machine Learning Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Computer vision
6.4.1. Computer Vision Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Natural Language Processing
6.5.1. Natural Language Processing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Others
6.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Applied AI Service Market: Industry Vertical Estimates & Trend Analysis
7.1. Segment Dashboard
7.2. Applied AI Service Market: Industry Vertical Movement Analysis, USD Million, 2023 & 2030
7.3. Healthcare
7.3.1. Healthcare Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. BFSI
7.4.1. BFSI Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5. Retail
7.5.1. Retail Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6. Advertising & Media
7.6.1. Advertising & Media Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.7. Automotive & Transportation
7.7.1. Automotive & Transportation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.8. Agriculture
7.8.1. Agriculture Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.9. Manufacturing
7.9.1. Manufacturing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.10. Others
7.10.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Applied AI Service Market: Regional Estimates & Trend Analysis
8.1. Applied AI Service Market Share, By Region, 2023 & 2030, USD Million
8.2. North America
8.2.1. North America Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.2.2. U.S.
8.2.2.1. U.S. Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.2.3. Canada
8.2.3.1. Canada Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.2.4. Mexico
8.2.4.1. Mexico Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.3. Europe
8.3.1. Europe Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.3.2. UK
8.3.2.1. UK Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.3.3. Germany
8.3.3.1. Germany Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.3.4. France
8.3.4.1. France Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4. Asia Pacific
8.4.1. Asia Pacific Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4.2. China
8.4.2.1. China Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4.3. Japan
8.4.3.1. Japan Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4.4. India
8.4.4.1. India Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4.5. South Korea
8.4.5.1. South Korea Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4.6. Australia
8.4.6.1. Australia Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.5. Latin America
8.5.1. Latin America Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.5.2. Brazil
8.5.2.1. Brazil Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.6. Middle East and Africa
8.6.1. Middle East and Africa Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.6.2. KSA
8.6.2.1. KSA Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.6.3. UAE
8.6.3.1. UAE Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.6.4. South Africa
8.6.4.1. South Africa Applied AI Service Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
9.1. Recent Developments & Impact Analysis by Key Market Participants
9.2. Company Categorization
9.3. Company Market Positioning
9.4. Company Market Share Analysis
9.5. Company Heat Map Analysis
9.6. Strategy Mapping
9.6.1. Expansion
9.6.2. Mergers & Acquisition
9.6.3. Partnerships & Collaborations
9.6.4. New Product Launches
9.6.5. Research And Development
9.7. Company Profiles
9.7.1. Amazon Web Services (AWS)
9.7.1.1. Participant’s Overview
9.7.1.2. Financial Performance
9.7.1.3. Product Benchmarking
9.7.1.4. Recent Developments
9.7.2. Apple
9.7.2.1. Participant’s Overview
9.7.2.2. Financial Performance
9.7.2.3. Product Benchmarking
9.7.2.4. Recent Developments
9.7.3. Baidu
9.7.3.1. Participant’s Overview
9.7.3.2. Financial Performance
9.7.3.3. Product Benchmarking
9.7.3.4. Recent Developments
9.7.4. Google (Alphabet Inc.)
9.7.4.1. Participant’s Overview
9.7.4.2. Financial Performance
9.7.4.3. Product Benchmarking
9.7.4.4. Recent Developments
9.7.5. IBM
9.7.5.1. Participant’s Overview
9.7.5.2. Financial Performance
9.7.5.3. Product Benchmarking
9.7.5.4. Recent Developments
9.7.6. Intel
9.7.6.1. Participant’s Overview
9.7.6.2. Financial Performance
9.7.6.3. Product Benchmarking
9.7.6.4. Recent Developments
9.7.7. Meta
9.7.7.1. Participant’s Overview
9.7.7.2. Financial Performance
9.7.7.3. Product Benchmarking
9.7.7.4. Recent Developments
9.7.8. Microsoft
9.7.8.1. Participant’s Overview
9.7.8.2. Financial Performance
9.7.8.3. Product Benchmarking
9.7.8.4. Recent Developments
9.7.9. NVIDIA
9.7.9.1. Participant’s Overview
9.7.9.2. Financial Performance
9.7.9.3. Product Benchmarking
9.7.9.4. Recent Developments
9.7.10. Open AI
9.7.10.1. Participant’s Overview
9.7.10.2. Financial Performance
9.7.10.3. Product Benchmarking
9.7.10.4. Recent Developments
List of Tables
Table 1 Global Applied AI Service Market by Component, 2018 - 2030 (USD Million)
Table 2 Global Applied AI Service Market by Deployment, 2018 - 2030 (USD Million)
Table 3 Global Applied AI Service Market by technology 2018 - 2030 (USD Million)
Table 4 Global Applied AI Service Market by industry vertical 2018 - 2030 (USD Million)
Table 5 Global Applied AI Service Market by region, 2018 - 2030 (USD Million)
Table 6 North America Applied AI Service Market by country, 2018 - 2030 (USD Million)
Table 7 Europe Applied AI Service Market by country, 2018 - 2030 (USD Million)
Table 8 Asia Pacific Applied AI Service Market by country, 2018 - 2030 (USD Million)
Table 9 Latin America Applied AI Service Market by country, 2018 - 2030 (USD Million)
Table 10 MEA Applied AI Service Market by country, 2018 - 2030 (USD Million)
Table 11 Key companies launching new products/services
Table 12 Key companies engaged in mergers & acquisition
Table 13 Key companies engaged in Research & development
Table 14 Key Companies engaged in expansion
List of Figures
Fig. 1 Applied AI Service Market segmentation
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Market formulation & validation
Fig. 7 Applied AI Service Market snapshot
Fig. 8 Applied AI Service Market segment snapshot
Fig. 9 Applied AI Service Market competitive landscape snapshot
Fig. 10 Market driver impact analysis
Fig. 11 Market restraint impact analysis
Fig. 12 Applied AI Service Market, type outlook key takeaways (USD Million)
Fig. 13 Applied AI Service Market: type movement analysis 2024 & 2030 (USD Million)
Fig. 14 Hardware market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 15 Software market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 16 Applied AI Service Market: Deployment outlook key takeaways (USD Million)
Fig. 17 Applied AI Service Market: Deployment movement analysis 2024 & 2030 (USD Million)
Fig. 18 On-premises market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 19 Cloud market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 20 Applied AI Service Market: Technology outlook key takeaways (USD Million)
Fig. 21 Applied AI Service Market: Technology movement analysis 2024 & 2030 (USD Million)
Fig. 22 Machine Learning market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 23 Computer vision market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 24 Natural Language Processing market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 25 Others market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 26 Applied AI Service Market: industry vertical outlook key takeaways (USD Million)
Fig. 27 Applied AI Service Market: industry vertical movement analysis 2024 & 2030 (USD Million)
Fig. 28 Healthcare market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 29 Retail market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 30 BFSI market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 31 Manufacturing market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 32 Retail & e-commerce market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 33 Transportation & logistics market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 34 Media & entertainment market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 35 Others market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 36 Regional marketplace: Key takeaways
Fig. 37 Applied AI Service Market: Regional outlook, 2024 & 2030, USD Million
Fig. 38 North America Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 39 U.S. Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 40 Canada Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 41 Mexico Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 42 Europe Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 43 UK Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 44 Germany Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 45 France Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 46 Asia Pacific Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 47 China Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 48 Japan Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 49 India Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 50 South Korea Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 51 Australia Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 52 Latin America Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 53 Brazil Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 54 MEA Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 55 KSA Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 56 UAE Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 57 South Africa Applied AI Service Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 58 Company Categorization
Fig. 59 Company Market Positioning
Fig. 60 Strategy framework

Companies Mentioned

  • Amazon Web Services (AWS)
  • Apple
  • Baidu
  • Google (Alphabet Inc.)
  • IBM
  • Intel
  • Meta
  • Microsoft
  • NVIDIA
  • Open AI

Methodology

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