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Global Enterprise AI Market to Reach $6.14 Billion by 2022: CAGR to Grow at 48.7% During the Forecast Period (2018-2022) - ResearchAndMarkets.com

June 8, 2018

DUBLIN--(BUSINESS WIRE)--Jun 8, 2018--The “Enterprise AI Market by Component, Technology, Application Area, Deployment, Organization Size, Industry & Region - Forecast to 2022” report has been added to ResearchAndMarkets.com’s offering.

The researcher expects the global enterprise Artificial Intelligence (AI) market to grow from USD 845.4 Million in 2017 to USD 6,141.5 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 48.7% during the forecast period.

The rising demand for AI-based solutions and platforms, and the need to analyze large and complex data sets are expected to drive the growth of the enterprise AI market.

Key Highlights

The component segment has been further segmented into solution and services. The services segment is expected to grow at a higher CAGR during the forecast period. Among technologies, the NLP segment is expected to grow at a higher CAGR during the forecast period. The analytics application segment is expected to have the largest market size during the forecast period. Among services, the managed services segment is expected to grow at a higher CAGR during the forecast period. On the basis of deployment type, the cloud deployment type is expected to grow at a higher CAGR during the forecast period.

Market Dynamics

Drivers

Rising Demand for AI-Based Solutions and Platforms Need for Analyzing Large and Complex Data Sets

Restraint

Slow Digitization Rate

Opportunities

Growing Demand for Enhancing Business Functions Emerging Innovations Across Industries

Challenges

Lack of Skilled Employees Concerns About Data Privacy

Companies Mentioned

AWS Google HPE IBM Intel Microsoft Oracle SAP Sentient Technologies Wipro

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Enterprise Artificial Intelligence Market, By Component

7 Enterprise Artificial Intelligence Market, By Technology

8 Enterprise Artificial Intelligence Market, By Application Area

9 Enterprise Artificial Intelligence Market, By Deployment Type

10 Enterprise Artificial Intelligence Market, By Organization Size

11 Enterprise Artificial Intelligence Market, By Industry

12 Enterprise Artificial Intelligence Market, By Region

13 Competitive Landscape

14 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/kgwlzj/global_enterprise?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180608005736/en/

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Related Topics:Artificial Intelligence

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 06/08/2018 03:44 PM/DISC: 06/08/2018 03:44 PM

http://www.businesswire.com/news/home/20180608005736/en

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