Press release
Artificial Intelligence Platforms Market Report 2024: Harnessing AI Technologies
Artificial Intelligence Platforms
The Business Research Company presents an extensive market research report on the Artificial Intelligence Platforms Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The artificial intelligence platforms market size has grown exponentially in recent years. It will grow from $11.83 billion in 2023 to $15.2 billion in 2024 at a compound annual growth rate (CAGR) of 28.5%. The growth in the historic period can be attributed to increasing availability of big data, evolution of machine learning algorithms, integration of cloud computing, industry-specific applications, growing talent pool.
The artificial intelligence platforms market size is expected to see exponential growth in the next few years. It will grow to $40.59 billion in 2028 at a compound annual growth rate (CAGR) of 27.8%. The growth in the forecast period can be attributed to ai democratization, exponential growth of iot devices, advancements in natural language processing (nlp), focus on explainability and trustworthiness, edge ai integration. Major trends in the forecast period include global collaboration on ai standards, ai in cybersecurity, rapid technological advancements, ai for cybersecurity, ai-driven devops (aiops).
Request for free sample report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=13596&type=smp
Key Market Players:
Major companies operating in the artificial intelligence platforms market report are Apple Inc., Google LLC, Samsung Electronics Co. Ltd., Microsoft Corporation, Alibaba Group Holding Limited, Meta Platforms Inc., Amazon Web Services Inc., General Electric Company, Intel Corporation, International Business Machines Corporation (IBM), Qualcomm Technologies Inc., Nvidia Corporation, Hewlett Packard Enterprise (HPE), salesforce.com inc., Siemens AG, Infosys Limited, Wipro Limited, NEXT IT CORPORATION, Kasisto Inc., Enlitic Inc., Premonition LLC, iCarbonX Corporation, Absolutdata Ltd., Rainbird Technologies Inc., Mindmeld Inc., H2O.ai, Ayasdi Inc., General Vision Inc.
Market Drivers:
The growth of the automotive industry is expected to propel the growth of the artificial intelligence platform market going forward. The automotive industry encompasses businesses involved in the design, development, manufacturing, marketing and selling of motor vehicles. AI platforms are used to predict potential equipment failures in vehicles by analyzing data from sensors, detecting patterns, and forecasting maintenance needs. This helps prevent breakdowns and reduces downtime. For instance, in January 2024, according to the Board of Governors of the Federal Reserve System, a US-based government agency, total vehicle production in the United States increased to 10.80 million units in December 2023, up from 10.47 million units in November 2023. Furthermore, in May 2023, according to the European Automobile Manufacturers Association, a Belgium-based association, around 85.4 million motor vehicles were produced worldwide in 2022, an increase of 5.7% compared to 2021. Therefore, the growth of the automotive industry is driving the growth of the artificial intelligence platform market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-platforms-global-market-report
The artificial intelligence platforms market covered in this report is segmented -
1) By Component: Artificial Intelligence Tools, Artificial Intelligence Machine Learning Platforms, Artificial Intelligence Natural Language Processing Platforms, Artificial Intelligence Services
2) By Deployment Mode: Cloud-based AI Platforms, On-premise AI Platforms
3) By Application: Forecasts And Prescriptive Models, Chatbots, Speech Recognition, Text Recognition, Other Applications
4) By Industry Vertical: Manufacturing, Healthcare, BFSI (Banking, Financial Services, and Insurance), IT And Telecom, Automotive, Education, Media And Entertainment, Transportation, Retail And E-Commerce, Other Industry Verticals
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Artificial Intelligence Platforms Market Report 2024: Harnessing AI Technologies here
News-ID: 3436135 • Views: …
More Releases from The Business research company
Gene Synthesis Market Flourishes: Envisions $7.09 Billion Realm by 2033, Pioneer …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Gene Synthesis Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $7.09 billion In 2028 At…
Food Diagnostics Market Expands: $25.1 Billion Market by 2033, Safeguarding Food …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Food Diagnostics Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $25.1 billion In 2028 At…
Fire Protection System Market Ignites: Securing $113.83 Billion Segment with Str …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Fire Protection System Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $113.83 billion In 2028…
Fashion Design And Production Software Market Innovates: $3.45 Billion Potential …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Fashion Design And Production Software Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $3.45 billion…
More Releases for Platforms
Get The Best Trading Platforms In The UK Here At Trading Platforms UK!
Trading Platforms UK (https://tradingplatformsuk.com/) is dedicated to providing traders with information and resources about the best day trading platforms UK wide. This resource offers an extensive list of trading platforms along with expert advice and tips on how to use them effectively.
Whether someone's a seasoned trader or just starting out, it's important to find the right trading platform. That's why Trading Platforms UK is here to help! They offer…
Aerial Work Platforms Market
The global AERIAL WORK PLATFORMS market report offers the complete market share, size, and the growth rate of different segments at both the country and regional levels. It provides an in-depth study of the market subtleties such as the current trends, drivers, opportunities, and even the restraining factors. The report also highlights the qualitative aspects in the study. Additionally, the unit takes in the key findings, in terms of market…
Online Fundraising Platforms Market
The Latest research study released by HTF MI “Online Fundraising Platforms Market” with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of the Major Companies covered in this Research…
Unprecedented Profitability of Online Platforms
Widespread of the COVID-19 pandemic has led to government lockdown orders in most nations worldwide. Consequently, the demand for daily essentials, health and wellness products and shelf-stable products has witnessed soaring demand. Consumers have flocked grocery stores and stockpiled these products as a result of panic buying. This has led to selling out of essential goods and empty shelves across majority of the stores. Furthermore, the closure of schools, offices,…
Live Entertainment Platforms Market
https://www.qandqmarketresearch.com/reports/7208439/live-entertainment-platforms-market-4
At present, Live Entertainment Platform becomes the hottest Internet exchange information platform in the world.
In 2017, the global Live Entertainment Platforms market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 20182025.
This report focuses on the global Live Entertainment Platforms status, future forecast, growth opportunity, key market and key players. The study objectives are…
Blockchain Market in Retail - Asset Registries, Finance Platforms and Industrial …
The Latest Research Report Blockchain in Retail – Thematic Research provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz
The blockchain industry is a nascent industry, it is moving beyond the incubation phase, but it is still largely the domain of proof of concept projects and small-scale production deployments. Blockchain solutions require a network of parties to agree to use the network, agree…
