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The market is driven by factors such as the emergence of technologically advanced devices, increasing digitization in the healthcare industry, and increasing digital transformation. However, challenges from open-source platforms, the high implementation and operating costs, and cybersecurity-related threats will hamper the market growth.
Cloud AI Market: Component Landscape
- By component, the market is analyzed across software and services segments.
- The software segment generated the maximum revenue in the market in 2021.
- The cost-effectiveness of cloud-based software is driving the growth of the segment.
- The market growth in the software segment will be significant over the forecast period.
Cloud AI Market: Geographic Landscape
- By geography, the market is analyzed across North America, Europe, APAC, South America, and the Middle East and Africa.
- North America will emerge as the key market for vendors as the region is an early adopter of advanced technologies across all industries.
- The presence of a technologically mature industrial sector, strong existence and penetration of the top vendors, and the rapid adoption of AI in industries, including retail, manufacturing, and automotive are driving the growth of the cloud AI market in North America.
- The US will be the key market for cloud AI in North America.
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Companies Covered:
The global cloud AI market is highly fragmented due to the presence of many global and international players. The market is highly competitive, and new entrants are trying to establish their footprints. Vendors are continuously focusing on enhancing the technological features to strengthen their presence in the market, which is helping them increase their revenue shares. This is likely to result in new project launches during the forecast period and further intensify the competition in the market. Technavio identifies the following as the dominant players in the market.
- Amazon.com Inc.
- AIBrain Inc.
- Alphabet Inc.
- Baidu Inc.
- Cisco Systems Inc.
- H2O.ai Inc.
- Informatica LLC
- Infosys Ltd.
- Intel Corp.
- International Business Machines Corp.
- Microsoft Corp.
- Nuance Communications Inc.
- NVIDIA Corp.
- Oracle Corp.
- Salesforce.com Inc.
- SoundHound Inc.
- Verint Systems Inc.
- VMware Inc.
- Wipro Ltd.
- ZTE Corp.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2021, 2022, until 2026
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Cloud AI Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 21.02% |
Market growth 2022-2026 |
USD 10.22 billion |
Market structure |
Fragmented |
YoY growth (%) |
20.26 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 51% |
Key consumer countries |
US, China, Japan, UK, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Amazon.com Inc., AIBrain Inc., Alphabet Inc., Baidu Inc., Cisco Systems Inc., H2O.ai Inc., Informatica LLC, Infosys Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., Nuance Communications Inc., NVIDIA Corp., Oracle Corp., Salesforce.com Inc., SoundHound Inc., Verint Systems Inc., VMware Inc., Wipro Ltd., and ZTE Corp. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Component
- 5.1 Market segments
- Exhibit 24: Chart on Component - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Component - Market share 2021-2026 (%)
- 5.2 Comparison by Component
- Exhibit 26: Chart on Comparison by Component
- Exhibit 27: Data Table on Comparison by Component
- 5.3 Software - Market size and forecast 2021-2026
- Exhibit 28: Chart on Software - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Software - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Software - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Software - Year-over-year growth 2021-2026 (%)
- 5.4 Services - Market size and forecast 2021-2026
- Exhibit 32: Chart on Services - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Services - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Services - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Services - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Component
- Exhibit 36: Market opportunity by Component ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 UK - Market size and forecast 2021-2026
- Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.11 Germany - Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.12 Japan - Market size and forecast 2021-2026
- Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Amazon.com Inc.
- Exhibit 89: Amazon.com Inc. - Overview
- Exhibit 90: Amazon.com Inc. - Business segments
- Exhibit 91: Amazon.com Inc. - Key news
- Exhibit 92: Amazon.com Inc. - Key offerings
- Exhibit 93: Amazon.com Inc. - Segment focus
- 10.4 Alphabet Inc.
- Exhibit 94: Alphabet Inc. - Overview
- Exhibit 95: Alphabet Inc. - Business segments
- Exhibit 96: Alphabet Inc. - Key news
- Exhibit 97: Alphabet Inc. - Key offerings
- Exhibit 98: Alphabet Inc. - Segment focus
- 10.5 Baidu Inc.
- Exhibit 99: Baidu Inc. - Overview
- Exhibit 100: Baidu Inc. - Business segments
- Exhibit 101: Baidu Inc. - Key offerings
- Exhibit 102: Baidu Inc. - Segment focus
- 10.6 Infosys Ltd.
- Exhibit 103: Infosys Ltd. - Overview
- Exhibit 104: Infosys Ltd. - Business segments
- Exhibit 105: Infosys Ltd. - Key news
- Exhibit 106: Infosys Ltd. - Key offerings
- Exhibit 107: Infosys Ltd. - Segment focus
- 10.7 Intel Corp.
- Exhibit 108: Intel Corp. - Overview
- Exhibit 109: Intel Corp. - Business segments
- Exhibit 110: Intel Corp. - Key news
- Exhibit 111: Intel Corp. - Key offerings
- Exhibit 112: Intel Corp. - Segment focus
- 10.8 International Business Machines Corp.
- Exhibit 113: International Business Machines Corp. - Overview
- Exhibit 114: International Business Machines Corp. - Business segments
- Exhibit 115: International Business Machines Corp. - Key offerings
- Exhibit 116: International Business Machines Corp. - Segment focus
- 10.9 Microsoft Corp.
- Exhibit 117: Microsoft Corp. - Overview
- Exhibit 118: Microsoft Corp. - Business segments
- Exhibit 119: Microsoft Corp. - Key news
- Exhibit 120: Microsoft Corp. - Key offerings
- Exhibit 121: Microsoft Corp. - Segment focus
- 10.10 NVIDIA Corp.
- Exhibit 122: NVIDIA Corp. - Overview
- Exhibit 123: NVIDIA Corp. - Business segments
- Exhibit 124: NVIDIA Corp. - Key news
- Exhibit 125: NVIDIA Corp. - Key offerings
- Exhibit 126: NVIDIA Corp. - Segment focus
- 10.11 Oracle Corp.
- Exhibit 127: Oracle Corp. - Overview
- Exhibit 128: Oracle Corp. - Business segments
- Exhibit 129: Oracle Corp. - Key news
- Exhibit 130: Oracle Corp. - Key offerings
- Exhibit 131: Oracle Corp. - Segment focus
- 10.12 Wipro Ltd.
- Exhibit 132: Wipro Ltd. - Overview
- Exhibit 133: Wipro Ltd. - Business segments
- Exhibit 134: Wipro Ltd. - Key news
- Exhibit 135: Wipro Ltd. - Key offerings
- Exhibit 136: Wipro Ltd. - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 137: Inclusions checklist
- Exhibit 138: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 139: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 140: Research methodology
- Exhibit 141: Validation techniques employed for market sizing
- Exhibit 142: Information sources
- 11.5 List of abbreviations
- Exhibit 143: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
Jesse Maida
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Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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