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
Jun. 08, 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 HighlightsThe 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.
DriversRising Demand for AI-Based Solutions and Platforms Need for Analyzing Large and Complex Data Sets
RestraintSlow Digitization Rate
OpportunitiesGrowing Demand for Enhancing Business Functions Emerging Innovations Across Industries
ChallengesLack of Skilled Employees Concerns About Data Privacy
Companies MentionedAWS Google HPE IBM Intel Microsoft Oracle SAP Sentient Technologies Wipro
Key Topics Covered
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/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Artificial Intelligence
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