Global AI-Based Recommendation System Market Report 2024

AI-Based Recommendation System Global Market Report 2024 – By Type (Collaborative Filtering, Content Based Filtering, Hybrid Recommendation), By Deployment Mode (On-Premise, Cloud), By Application (E-Commerce Platform, Online Education, Social Networking, Finance, News And Media, Health Care, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

AI-Based Recommendation System Global Market Report 2024

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AI-Based Recommendation System Market Definition And Segments

An AI-based recommendation system is a technology that utilizes artificial intelligence (AI) algorithms and machine learning techniques to analyze large datasets, user preferences, and behavioral patterns to provide personalized recommendations and suggestions to users. These systems enhance user experiences, drive engagement, and increase customer satisfaction by providing customized recommendations and suggestions tailored to individual preferences, interests, and needs across various industries and applications.

The main types of AI-based recommendation systems are collaborative filtering, content-based filtering, and hybrid recommendation. Collaborative filtering is a technique used in recommendation systems to predict a user's preference for an item by leveraging the preferences or behaviors of other users. It includes various deployments, are on-premise and cloud, and it used in various applications such as e-commerce platforms, online education, social networking, finance, news and media, health care, and others.

The AI-based recommendation system market covered in this report is segmented –

1) By Type: Collaborative Filtering, Content Based Filtering, Hybrid Recommendation

2) By Deployment Mode: On-Premise, Cloud

3) By Application: E-Commerce Platform, Online Education, Social Networking, Finance, News And Media, Health Care, Other Applications

The AI-based recommendation system market size has grown rapidly in recent years. It will grow from $2.01 billion in 2023 to $2.21 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to increasing demand for personalized recommendations, increasing data availability, demand for efficient workforce management, growth in e-commerce, demand for cross-selling and upselling, application in education and e-learning.

The AI-based recommendation system market size is expected to see rapid growth in the next few years. It will grow to $3.28 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to rising adoption of streaming services, expansion of recommendation systems in healthcare, compliance and regulatory requirements, expansion of digital advertising, optimization of content delivery networks (CDNS). Major trends in the forecast period include personalization dominance, real-time recommendations, adaptive learning models, multi-modal recommendations, enhanced user feedback mechanisms, social influence analysis.

The Intersection Of Digital Advertising And AI-Powered Recommendation Systems

The expansion of digital advertising is expected to propel the growth of the AI-based recommendation system market going forward. Digital advertising refers to marketing through online channels, such as websites, streaming content, and more. Digital ads span media formats, including text, image, audio, and video. The expansion of digital advertising arises due to audience reach, targeting capabilities, measurable results, cost-effectiveness, and personalization. AI-based recommendation systems are used in digital advertising to enhance targeting, personalization, and overall campaign effectiveness while driving user engagement and conversion. For instance, according to Oracle Corporation, a US-based computer software company, digital advertising spending worldwide is estimated to rise from $378 billion in 2020 to $646 billion by 2024. Therefore, the expansion of digital advertising is driving the growth of the AI-based recommendation system market.

Major companies operating in the AI-based recommendation system market are Alphabet Inc., Microsoft Corporation, Alibaba Group Holding Limited (Alibaba), Meta Platforms Inc., Amazon Web Services, Huawei Technologies Co. Ltd., Tencent Holdings Limited, Intel Corporation, International Business Machines Corporation, Oracle Corp, SAP SE, Netflix, Hewlett Packard Enterprise (HPE), Salesforce Inc., Adobe Inc., Sentient Technologies, RecomTech, Kibo Commerce, SmartRecs, AIRecom, IntelliChoice, Unbxd Inc., Coveo Solutions Inc., Algonomy Software Pvt. Ltd., Recolize GmbH, Dynamic Yield Inc., IntelliSuggest, RecomAId, SuggestAI, AIAdvise

Innovations In Recommender System Support Transforming AI Technology

Major companies operating in the AI-based recommendation system markets are developing innovative technologies, such as recommender system support, to enhance the efficiency and effectiveness of recommendation engines. These systems are algorithms or software tools that analyze user data and preferences to generate personalized recommendations for products, services, content, or other items of interest. For instance, in January 2024, Arthur, a US-based AI performance platform, launched the recommender system support for AI-driven recommendation engines, providing a significant advancement in AI technology. This new technology aims to revolutionize how online businesses utilize recommender systems, driving customer satisfaction levels and increasing revenue growth. It also enhances the capabilities of recommendation engines by leveraging AI to provide more accurate and tailored recommendations. Additionally, it has features such as the model overview page, metrics dashboard, data drift monitoring, advanced querying, and filtering the overall user experience on their platforms through personalized recommendations.

Microsoft Acquires Suplari To Enhance Financial Visibility For Customers With AI-Powered Spend Intelligence

In July 2021, Microsoft Corporation, a US-based technology company, acquired Suplari Inc. for an undisclosed amount. Through this acquisition, Microsoft aims to enhance business insight for finance and procurement leaders by leveraging Suplari's AI-driven technology to analyze and manage corporate spending effectively. Suplari Inc. is a US-based developer of an AI-based recommendation system to optimize sourcing, forecasting, and risk management.

North America was the largest region in the AI-based recommendation system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the AI-based recommendation system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the AI-based recommendation system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The AI-based recommendation system market consists of revenues earned by entities by providing services such as data collection, data preprocessing, machine learning models, algorithm training and tuning, feedback collection and analysis, monitoring, and maintenance. The market value includes the value of related goods sold by the service provider or included within the service offering. The AI-based recommendation system market also includes sales of data storage systems, data processing tools, user interfaces, feedback loops, ranking and filtering, and feature extraction. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The AI-based recommendation system market research report is one of a series of new reports from The Business Research Company that provides AI-based recommendation system market statistics, including AI-based recommendation system industry global market size, regional shares, competitors with a AI-based recommendation system market share, detailed AI-based recommendation system market segments, market trends and opportunities, and any further data you may need to thrive in the AI-based recommendation system industry. This AI-based recommendation system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

AI-Based Recommendation System Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $2.21 billion
Revenue Forecast In 2033 $3.28 billion
Growth Rate CAGR of 10.4% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Collaborative Filtering, Content Based Filtering, Hybrid Recommendation
2) By Deployment Mode: On-Premise, Cloud
3) By Application: E-Commerce Platform, Online Education, Social Networking, Finance, News And Media, Health Care, Other Applications
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Alphabet Inc; Microsoft Corporation; Alibaba Group Holding Limited (Alibaba); Meta Platforms Inc; Amazon Web Services; Huawei Technologies Co. Ltd; Tencent Holdings Limited; Intel Corporation; International Business Machines Corporation; Oracle Corp; SAP SE; Netflix; Hewlett Packard Enterprise (HPE); Salesforce Inc; Adobe Inc; Sentient Technologies; RecomTech; Kibo Commerce; SmartRecs; AIRecom; IntelliChoice; Unbxd Inc; Coveo Solutions Inc; Algonomy Software Pvt. Ltd; Recolize GmbH; Dynamic Yield Inc; IntelliSuggest; RecomAId; SuggestAI; AIAdvise
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. AI-Based Recommendation System Market Characteristics

    3. AI-Based Recommendation System Market Trends And Strategies

    4. AI-Based Recommendation System Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global AI-Based Recommendation System Market Size and Growth

    5.1. Global AI-Based Recommendation System Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global AI-Based Recommendation System Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global AI-Based Recommendation System Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. AI-Based Recommendation System Market Segmentation

    6.1. Global AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Collaborative Filtering

    Content Based Filtering

    Hybrid Recommendation

    6.2. Global AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    On-Premise

    Cloud

    6.3. Global AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    E-Commerce Platform

    Online Education

    Social Networking

    Finance

    News And Media

    Health Care

    Travel

    Other Applications

    7. AI-Based Recommendation System Market Regional And Country Analysis

    7.1. Global AI-Based Recommendation System Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global AI-Based Recommendation System Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific AI-Based Recommendation System Market

    8.1. Asia-Pacific AI-Based Recommendation System Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China AI-Based Recommendation System Market

    9.1. China AI-Based Recommendation System Market Overview

    9.2. China AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India AI-Based Recommendation System Market

    10.1. India AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan AI-Based Recommendation System Market

    11.1. Japan AI-Based Recommendation System Market Overview

    11.2. Japan AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia AI-Based Recommendation System Market

    12.1. Australia AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia AI-Based Recommendation System Market

    13.1. Indonesia AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea AI-Based Recommendation System Market

    14.1. South Korea AI-Based Recommendation System Market Overview

    14.2. South Korea AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe AI-Based Recommendation System Market

    15.1. Western Europe AI-Based Recommendation System Market Overview

    15.2. Western Europe AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK AI-Based Recommendation System Market

    16.1. UK AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany AI-Based Recommendation System Market

    17.1. Germany AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France AI-Based Recommendation System Market

    18.1. France AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy AI-Based Recommendation System Market

    19.1. Italy AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain AI-Based Recommendation System Market

    20.1. Spain AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe AI-Based Recommendation System Market

    21.1. Eastern Europe AI-Based Recommendation System Market Overview

    21.2. Eastern Europe AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia AI-Based Recommendation System Market

    22.1. Russia AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America AI-Based Recommendation System Market

    23.1. North America AI-Based Recommendation System Market Overview

    23.2. North America AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA AI-Based Recommendation System Market

    24.1. USA AI-Based Recommendation System Market Overview

    24.2. USA AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada AI-Based Recommendation System Market

    25.1. Canada AI-Based Recommendation System Market Overview

    25.2. Canada AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America AI-Based Recommendation System Market

    26.1. South America AI-Based Recommendation System Market Overview

    26.2. South America AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil AI-Based Recommendation System Market

    27.1. Brazil AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East AI-Based Recommendation System Market

    28.1. Middle East AI-Based Recommendation System Market Overview

    28.2. Middle East AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa AI-Based Recommendation System Market

    29.1. Africa AI-Based Recommendation System Market Overview

    29.2. Africa AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. AI-Based Recommendation System Market Competitive Landscape And Company Profiles

    30.1. AI-Based Recommendation System Market Competitive Landscape

    30.2. AI-Based Recommendation System Market Company Profiles

    30.2.1. Alphabet Inc

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Microsoft Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Alibaba Group Holding Limited (Alibaba)

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Meta Platforms Inc.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Amazon Web Services

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. AI-Based Recommendation System Market Other Major And Innovative Companies

    31.1. Huawei Technologies Co. Ltd

    31.2. Tencent Holdings Limited

    31.3. Intel Corporation

    31.4. International Business Machines Corporation

    31.5. Oracle Corp

    31.6. SAP SE

    31.7. Netflix

    31.8. Hewlett Packard Enterprise (HPE)

    31.9. Salesforce Inc

    31.10. Adobe Inc.

    31.11. Sentient Technologies

    31.12. RecomTech

    31.13. Kibo Commerce

    31.14. SmartRecs

    31.15. AIRecom

    32. Global AI-Based Recommendation System Market Competitive Benchmarking

    33. Global AI-Based Recommendation System Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The AI-Based Recommendation System Market

    35. AI-Based Recommendation System Market Future Outlook and Potential Analysis

    35.1 AI-Based Recommendation System Market In 2028 - Countries Offering Most New Opportunities

    35.2 AI-Based Recommendation System Market In 2028 - Segments Offering Most New Opportunities

    35.3 AI-Based Recommendation System Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global AI-Based Recommendation System Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global AI-Based Recommendation System Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Alphabet Inc Financial Performance
  • Table 75: Microsoft Corporation Financial Performance
  • Table 76: Alibaba Group Holding Limited (Alibaba) Financial Performance
  • Table 77: Meta Platforms Inc. Financial Performance
  • Table 78: Amazon Web Services Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global AI-Based Recommendation System Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global AI-Based Recommendation System Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, AI-Based Recommendation System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, AI-Based Recommendation System Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, AI-Based Recommendation System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Alphabet Inc Financial Performance
  • Figure 75: Microsoft Corporation Financial Performance
  • Figure 76: Alibaba Group Holding Limited (Alibaba) Financial Performance
  • Figure 77: Meta Platforms Inc. Financial Performance
  • Figure 78: Amazon Web Services Financial Performance
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Frequently Asked Questions

What is the definition of the AI-based recommendation system market?

An AI-based recommendation system is a technology that utilizes artificial intelligence (AI) algorithms and machine learning techniques to analyze large datasets, user preferences, and behavioral patterns to provide personalized recommendations and suggestions to users. These systems enhance user experiences, drive engagement, and increase customer satisfaction by providing customized recommendations and suggestions tailored to individual preferences, interests, and needs across various industries and applications. For further insights on the AI-based recommendation system market, request a sample here

How will the AI-based recommendation system market drivers and restraints affect the AI-based recommendation system market dynamics? What forces will shape the AI-based recommendation system industry going forward?

The AI-based recommendation system market major growth driver - The Intersection Of Digital Advertising And AI-Powered Recommendation Systems. For further insights on the AI-based recommendation system market, request a sample here

What is the forecast market size or the forecast market value of the AI-based recommendation system market?

The AI-based recommendation system market size has grown rapidly in recent years. It will grow from $2.01 billion in 2023 to $2.21 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to increasing demand for personalized recommendations, increasing data availability, demand for efficient workforce management, growth in e-commerce, demand for cross-selling and upselling, application in education and e-learning. The AI-based recommendation system market size is expected to see rapid growth in the next few years. It will grow to $3.28 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to rising adoption of streaming services, expansion of recommendation systems in healthcare, compliance and regulatory requirements, expansion of digital advertising, optimization of content delivery networks (CDNS) . Major trends in the forecast period include personalization dominance, real-time recommendations, adaptive learning models, multi-modal recommendations, enhanced user feedback mechanisms, social influence analysis. For further insights on the AI-based recommendation system market, request a sample here

How is the AI-based recommendation system market segmented?

The AI-based recommendation system market is segmented
1) By Type: Collaborative Filtering, Content Based Filtering, Hybrid Recommendation
2) By Deployment Mode: On-Premise, Cloud
3) By Application : E-Commerce Platform, Online Education, Social Networking, Finance, News And Media, Health Care, Other ApplicationsFor further insights on the AI-based recommendation system market,
request a sample here

Which region has the largest share of the AI-based recommendation system market? What are the other regions covered in the report?

North America was the largest region in the AI-based recommendation system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the AI-based recommendation system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the AI-based recommendation system market, request a sample here.

Who are the major players in the AI-based recommendation system market?

Major companies operating in the AI-based recommendation system market are Alphabet Inc, Microsoft Corporation, Alibaba Group Holding Limited (Alibaba), Meta Platforms Inc., Amazon Web Services , Huawei Technologies Co. Ltd, Tencent Holdings Limited , Intel Corporation, International Business Machines Corporation, Oracle Corp, SAP SE, Netflix, Hewlett Packard Enterprise (HPE), Salesforce Inc, Adobe Inc., Sentient Technologies, RecomTech, Kibo Commerce, SmartRecs, AIRecom, IntelliChoice, Unbxd Inc., Coveo Solutions Inc., Algonomy Software Pvt. Ltd., Recolize GmbH, Dynamic Yield Inc., IntelliSuggest, RecomAId, SuggestAI, AIAdvise For further insights on the AI-based recommendation system market, request a sample here.

What are the key trends in the AI-based recommendation system market?

Major trend in the AI-based recommendation system market - Innovations In Recommender System Support Transforming AI Technology. For further insights on the AI-based recommendation system market, request a sample here.

What are the major opportunities in the AI-based recommendation system market? What are the strategies for the AI-based recommendation system market?

For detailed insights on the major opportunities and strategies in the AI-based recommendation system market, request a sample here.

How does the AI-based recommendation system market relate to the overall economy and other similar markets?

For detailed insights on AI-based recommendation system market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the AI-based recommendation system industry?

For detailed insights on the mergers and acquisitions in the AI-based recommendation system industry, request a sample here.

What are the key dynamics influencing the AI-based recommendation system market growth? SWOT analysis of the AI-based recommendation system market.

For detailed insights on the key dynamics influencing the AI-based recommendation system market growth and SWOT analysis of the AI-based recommendation system industry, request a sample here.