Global Artificial Intelligence Software As A Service Saas Market Overview 2024, Forecast To 2033
8 Mar, 2024
The AI SaaS market, valued at $188.33 billion in 2023, is projected to reach $256.33 billion in 2024, growing at a 36.1% CAGR, driven by big data availability. Expected to hit $885.78 billion by 2028, driven by computing power improvements and industry-specific solutions, with trends like deep learning evolution.
Global Artificial Intelligence Software As A Service SaaS Market Key Driver
The artificial intelligence software as a service (SaaS) market is expanding with the rise in adoption of cloud-based solutions. With an increase in global end-user spending on public cloud services, there's a growing demand for AI software solutions delivered through the SaaS model.
Get A Free Sample Of The Global Artificial Intelligence Software As A Service SaaS Market ReportGlobal Artificial Intelligence Software As A Service SaaS Market Segments
The artificial intelligence software as a service (saas) market covered in this report is segmented –
1) Deployment:Cloud-Based, On-Premise
2) Organization Size:Large Enterprise, Small And Medium Enterprise
3) Vertical:Banking, Financial Services, And Insurance (BFSI), Retail And E-Commerce, Healthcare And Life Sciences, IT( Information Technology ) And ITeS(Information Technology Enabled Services), Telecommunications, Government And Defense, Manufacturing, Energy And Utilities, Other Verticals
By Geography: The countries covered in the artificial intelligence software as a service (saas) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the artificial intelligence software as a service (SaaS) market in 2023. The regions covered in the artificial intelligence software as a service (saas) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Artificial Intelligence Software As A Service SaaS Industry Players
Amazon Web Services Inc.; International Business Machines Corporation; SAP SE; Salesforce Inc.; NVIDIA Corp.; Rockwell Automation Inc.; UiPath Inc.; Automation Anywhere Inc.; C3.ai Inc.; DataRobot Inc.; H2O Innovations Inc.; Blue River Technology Inc.; Freenome Inc.; AlphaSense Inc.; Grammarly Inc.; People.ai Inc.; HyperScience; Rebellion Defense Inc.; DataVisor Inc.; Mighty AI; Vic.ai Inc.; Kneron Inc.; Adarga; OpenAI Inc.; Clarifai Inc.
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Artificial Intelligence Software As A Service SaaS Market Overview
Artificial intelligence software as a service (SaaS) is a cloud-based service that outsources artificial intelligence to allow people and businesses to discover and expand AI-based solutions with minimal initial investment and risk. It is used for automation, personalization, cost savings, improved decision-making, enhanced productivity, customer experience, and innovation.