DUBLIN, Dec. 21, 2018 /PRNewswire/ —

The “Global Artificial Intelligence-as-a-Service (AIaaS) Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The global artificial intelligence-as-a-service (AIaaS) market will register a CAGR of over 47% by 2023.

Manufacturers are using AIaaS with machines using national language processing (NLP). This is identified as one of the key trends that will gain traction in the market during the forecast period. They use NLP as it helps in reading text, measuring sentiments, and computer systems to hear speech.

The use of advanced infrastructure at a reduced cost

AI is a complex machine. It includes high investments as It requires hardware such as software and sensors and maintenance and repair costs. This encouraged enterprises to outsource these tasks to AIaaS providers by avoiding direct costs associated with the implementation of AI.

Threat from open source AI-solutions

Open-source AI solutions can be run on all platforms and downloaded free of cost. As a result, they are becoming increasingly popular in developing economies.

Completive landscape

The market appears to be highly fragmented with the presence of many companies. Factors such as the integration of AIaaS with machines using national language processing (NLP) and the use of advanced infrastructure at a reduced cost, will provide considerable growth opportunities to artificial intelligence-as-a-service (AIaaS) vendors.

Key Players

• Alphabet
• Amazon.com
• IBM
• Microsoft
• SAP

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY END-USER

• Market segmentation by end-user
• Comparison by end-user
• BFSI – Market size and forecast 2018-2023
• Retail – Market size and forecast 2018-2023
• Healthcare – Market size and forecast 2018-2023
• Telecommunications – Market size and forecast 2018-2023
• Government and defense – Market size and forecast 2018-2023
• Others – Market size and forecast 2018-2023
• Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• Americas – Market size and forecast 2018-2023
• EMEA – Market size and forecast 2018-2023
• APAC – Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Alphabet
• Amazon.com
• IBM
• Microsoft
• SAP

For more information about this report visit https://www.researchandmarkets.com/research/bffkvq/global_artificial?w=5

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SOURCE Research and Markets