Global Cloud AI Market 2022-2026

Global Cloud AI Market 2022-2026

Technavio has been monitoring the cloud AI market and it is poised to grow by $ 10.22 bn during 2022-2026 progressing at a CAGR of 21.02% during the forecast period. Our report on the cloud AI market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the emergence of technologically advanced devices, increasing digitization in the healthcare industry, and increasing digital transformation.

The cloud AI market analysis includes the component segment and geographic landscape.

Technavio's cloud AI market is segmented as below:

By Component

• Software
• Services

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the growing 5G adoption and mobile penetration as one of the prime reasons driving the cloud AI market growth during the next few years. Also, cloud-based AI-enhanced credit risk assessment tools and increasing pilot programs for various ai applications will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on cloud AI market covers the following areas:

• Cloud ai market sizing
• Cloud ai market forecast
• Cloud ai market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cloud AI market vendors that include 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. Also, the cloud AI market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Imprimatur Capital Ltd., Integra LifeSciences Corp., IRRAS AB, Medtronic Plc, Natus Medical Inc., Optima Medical Ltd, REHAU Group, Sophysa, Spiegelberg GmbH and Co. KG