Multimodal Al Market by Offering (Services, Solutions), Data Modality (Audio, Numerical Data, Speech), Technology, Type, Organization Size, Vertical - Global Forecast 2024-2030


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Multimodal Al Market by Offering (Services, Solutions), Data Modality (Audio, Numerical Data, Speech), Technology, Type, Organization Size, Vertical - Global Forecast 2024-2030


The Multimodal Al Market size was estimated at USD 1.63 billion in 2023 and expected to reach USD 1.88 billion in 2024, at a CAGR 16.10% to reach USD 4.64 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Multimodal Al Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Multimodal Al Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Multimodal Al Market, highlighting leading vendors and their innovative profiles. These include Aimesoft, Amazon Web Services, Inc., Broadcom Inc., C3.ai, Inc., Cisco Systems, Inc., Emotech AI, Google LLC by Alphabet Inc., Habana Labs Ltd., Headroom, Inc., Intel Corporation, International Business Machines Corporation, Jina AI GmbH, Meta Platforms, Inc., Microsoft Corporation, Mobius Labs GmbH, NEC Corporation, Newsbridge SAS, NTT DATA Corporation, NVIDIA Corporation, OpenAI OpCo, LLC, Openstream Inc., Oracle Corporation, Owkin, Inc., Reka AI, Inc., Runway AI, Inc., Salesforce, Inc., SAP SE, SAS Institute Inc., Twelve Labs Inc., and Uniphore Technologies Inc..

Market Segmentation & Coverage

This research report categorizes the Multimodal Al Market to forecast the revenues and analyze trends in each of the following sub-markets:

Offering

Services

Solutions
Data Modality

Audio

Numerical Data

Speech

Text
Technology

Computer Vision

Machine Learning

Natural Language Processing
Type

Explanatory

Generative

Interactive

Translative
Organization Size

Large Enterprises

Small & Medium Enterprises
Vertical

Automotive

Consumer Electronics

Healthcare

Retail & eCommerce

Security & Surveillance
Region

Americas
Argentina
Brazil
Canada
Mexico
United States

California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Multimodal Al Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Multimodal Al Market?
3. What are the technology trends and regulatory frameworks in the Multimodal Al Market?
4. What is the market share of the leading vendors in the Multimodal Al Market?
5. Which modes and strategic moves are suitable for entering the Multimodal Al Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Multimodal Al Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising complexity of data generated and the need for security across various industries
5.1.1.2. Growing demand for understanding customer and sales data to optimize business operations
5.1.2. Restraints
5.1.2.1. Technical difficulties associated with the development of multimodal AI models
5.1.3. Opportunities
5.1.3.1. Technical advancements to improve the performance of multimodal AI
5.1.3.2. Adoption of multimodal AI in healthcare applications to analyze patient data and clinical notes
5.1.4. Challenges
5.1.4.1. Concerns associated with data privacy and data security breach
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Multimodal Al Market, by Offering
6.1. Introduction
6.2. Services
6.3. Solutions
7. Multimodal Al Market, by Data Modality
7.1. Introduction
7.2. Audio
7.3. Numerical Data
7.4. Speech
7.5. Text
8. Multimodal Al Market, by Technology
8.1. Introduction
8.2. Computer Vision
8.3. Machine Learning
8.4. Natural Language Processing
9. Multimodal Al Market, by Type
9.1. Introduction
9.2. Explanatory
9.3. Generative
9.4. Interactive
9.5. Translative
10. Multimodal Al Market, by Organization Size
10.1. Introduction
10.2. Large Enterprises
10.3. Small & Medium Enterprises
11. Multimodal Al Market, by Vertical
11.1. Introduction
11.2. Automotive
11.3. Consumer Electronics
11.4. Healthcare
11.5. Retail & eCommerce
11.6. Security & Surveillance
12. Americas Multimodal Al Market
12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States
13. Asia-Pacific Multimodal Al Market
13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam
14. Europe, Middle East & Africa Multimodal Al Market
14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom
15. Competitive Landscape
15.1. FPNV Positioning Matrix
15.2. Market Share Analysis, By Key Player
15.3. Competitive Scenario Analysis, By Key Player
15.3.1. Agreement, Collaboration, & Partnership
15.3.1.1. Tempus Announces Research Collaboration with Bristol Myers Squibb to Apply Multimodal AI Approaches
15.3.2. New Product Launch & Enhancement
15.3.2.1. Introducing SeamlessM4T, a Multimodal AI Model for Speech and Text Translations
15.3.3. Investment & Funding
15.3.3.1. Runway Announces USD 141 Million in Funding to Expand Multi-Modal AI Research and Product Deployment
16. Competitive Portfolio
16.1. Key Company Profiles
16.1.1. Aimesoft
16.1.2. Amazon Web Services, Inc.
16.1.3. Broadcom Inc.
16.1.4. C3.ai, Inc.
16.1.5. Cisco Systems, Inc.
16.1.6. Emotech AI
16.1.7. Google LLC by Alphabet Inc.
16.1.8. Habana Labs Ltd.
16.1.9. Headroom, Inc.
16.1.10. Intel Corporation
16.1.11. International Business Machines Corporation
16.1.12. Jina AI GmbH
16.1.13. Meta Platforms, Inc.
16.1.14. Microsoft Corporation
16.1.15. Mobius Labs GmbH
16.1.16. NEC Corporation
16.1.17. Newsbridge SAS
16.1.18. NTT DATA Corporation
16.1.19. NVIDIA Corporation
16.1.20. OpenAI OpCo, LLC
16.1.21. Openstream Inc.
16.1.22. Oracle Corporation
16.1.23. Owkin, Inc.
16.1.24. Reka AI, Inc.
16.1.25. Runway AI, Inc.
16.1.26. Salesforce, Inc.
16.1.27. SAP SE
16.1.28. SAS Institute Inc.
16.1.29. Twelve Labs Inc.
16.1.30. Uniphore Technologies Inc.
16.2. Key Product Portfolio
17. Appendix
17.1. Discussion Guide
17.2. License & Pricing
FIGURE 1. MULTIMODAL AL MARKET RESEARCH PROCESS
FIGURE 2. MULTIMODAL AL MARKET SIZE, 2023 VS 2030
FIGURE 3. MULTIMODAL AL MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. MULTIMODAL AL MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. MULTIMODAL AL MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. MULTIMODAL AL MARKET DYNAMICS
FIGURE 7. MULTIMODAL AL MARKET SIZE, BY OFFERING, 2023 VS 2030 (%)
FIGURE 8. MULTIMODAL AL MARKET SIZE, BY OFFERING, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. MULTIMODAL AL MARKET SIZE, BY DATA MODALITY, 2023 VS 2030 (%)
FIGURE 10. MULTIMODAL AL MARKET SIZE, BY DATA MODALITY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. MULTIMODAL AL MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
FIGURE 12. MULTIMODAL AL MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. MULTIMODAL AL MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 14. MULTIMODAL AL MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. MULTIMODAL AL MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2030 (%)
FIGURE 16. MULTIMODAL AL MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. MULTIMODAL AL MARKET SIZE, BY VERTICAL, 2023 VS 2030 (%)
FIGURE 18. MULTIMODAL AL MARKET SIZE, BY VERTICAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. AMERICAS MULTIMODAL AL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. AMERICAS MULTIMODAL AL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. UNITED STATES MULTIMODAL AL MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 22. UNITED STATES MULTIMODAL AL MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. ASIA-PACIFIC MULTIMODAL AL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 24. ASIA-PACIFIC MULTIMODAL AL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. EUROPE, MIDDLE EAST & AFRICA MULTIMODAL AL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 26. EUROPE, MIDDLE EAST & AFRICA MULTIMODAL AL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 27. MULTIMODAL AL MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 28. MULTIMODAL AL MARKET SHARE, BY KEY PLAYER, 2023

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