Global Enterprise AI Market 2022-2026
Technavio has been monitoring the enterprise AI market and it is poised to grow by $2.00 bn during 2022-2026, accelerating at a CAGR of 45.1% during the forecast period. Our report on the enterprise 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 of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing interest in chatbot AI, need for AI-empowered collaboration tools, and the focus on intelligent business models.
The enterprise AI market analysis includes the end-user and deployment segments and geographic landscape.
Technavio's enterprise AI market is segmented as below:
By End-user
- Advertising and media and entertainment
- Retail and e-commerce
- Medical and life sciences
- BFSI
- Others
By Deployment
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the adoption of enterprise AI by SMES as one of the prime reasons driving the enterprise AI market growth during the next few years. Also, increasing focus on AI-ready solutions and growth of HPC in enterprises 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 enterprise AI market covers the following areas:
- Enterprise AI market sizing
- Enterprise AI market forecast
- Enterprise 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 enterprise AI market vendors that include Abacus.AI, Alphabet Inc., Alteryx Inc., C3.ai Inc., Databricks Inc., Dataiku Inc., DataRobot Inc., H2O.ai Inc., Hewlett Packard Enterprise Co., Hypersonix Inc., Intel Corp., International Business Machines Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., SAP SE, SAS Institute Inc., Sentient.io Pte. Ltd., Snowflake Inc., and Wipro Ltd.. Also, the enterprise 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.