North America Artificial Intelligence (AI) Toolkit Market Size, Share & Industry Trends Analysis Report By Component (Software, Hardware (Processors, Accelerators, Others), and Services), By Technology, By Vertical, By Country and Growth Forecast, 2023 -

North America Artificial Intelligence (AI) Toolkit Market Size, Share & Industry Trends Analysis Report By Component (Software, Hardware (Processors, Accelerators, Others), and Services), By Technology, By Vertical, By Country and Growth Forecast, 2023 - 2030


The North America Artificial Intelligence (AI) Toolkit Market would witness market growth of 33.4% CAGR during the forecast period (2023-2030).

AI toolkits comprise the essential elements necessary for the development and implementation of deep learning and machine learning models. They offer libraries for various neural network architectures, optimization algorithms, and data preprocessing techniques. AI toolkits include modules for data cleaning, transformation, and feature engineering, allowing developers to prepare datasets for training and inference. AI toolkits provide deployment options, such as cloud services and edge computing, to enable AI models to run in various environments. AI toolkits often include tools for monitoring model performance and optimizing models for better accuracy and efficiency. These toolkits allow integration with other software and hardware systems, enabling AI applications to interact with databases, IoT devices, and external APIs.

The automated power of AI is assisting in adopting intelligent IoT solutions, as enterprises can extract insights from huge statistics collected by these devices. These insights empower organizations to develop a comprehensive perspective of their operations and business performance, utilizing that information to introduce novel products and services to the market. IoT generates massive amounts of data, providing new insights into organizational performance and health. In remote manufacturing, for instance, sensors monitor production processes at multiple locations and transmit status updates to a centralized facility that employs ML to forecast machine failures, thereby reducing downtime. AI is crucial in tackling security challenges that arise with IoT implementations.

The healthcare sector in North America has embraced AI toolkits for medical imaging, disease diagnosis, drug discovery, and patient care, among other applications. The demand for AI-driven healthcare solutions has boosted toolkit adoption. The financial industry in North America uses AI toolkits for algorithmic trading, risk assessment, fraud detection, and customer service. The United States ranks as the second-largest region globally in terms of both vehicle production and sales. 5 million vehicles were manufactured in the United States by global automakers in 2020, according to Autos Drive America. Due to these aspects, the market will expand across the North America region in upcoming years.

The US region dominated the North America Artificial Intelligence (AI) Toolkit Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $44,380.8 million by 2030. The Canada region is experiencing a CAGR of 36.4% during (2023 - 2030). Additionally, The Mexico region would exhibit a CAGR of 35.3% during (2023 - 2030).

Based on Component, the market is segmented into Software, Hardware (Processors, Accelerators, Others), and Services. Based on Technology, the market is segmented into Natural Language Processing, Computer Vision, Machine Learning, and Robotic Process Automation. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Government & Defense, Healthcare & Lifesciences, Media & Entertainment, Retail & Ecommerce, Automotive, Transportation & Logistics, Energy & Utilities, Manufacturing, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, Google LLC, Oracle Corporation, NVIDIA Corporation, Thales Group S.A., Intel Corporation, Adobe, Inc., Salesforce, Inc. and DataRobot, Inc.

Scope of the Study

Market Segments covered in the Report:

By Component
  • Software
  • Hardware
  • Processors
  • Accelerators
  • Others
  • Services
By Technology
  • Natural Language Processing
  • Computer Vision
  • Machine Learning
  • Robotic Process Automation
By Vertical
  • BFSI
  • IT & Telecom
  • Government & Defense
  • Healthcare & Lifesciences
  • Media & Entertainment
  • Retail & Ecommerce
  • Automotive, Transportation & Logistics
  • Energy & Utilities
  • Manufacturing
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • Microsoft Corporation
  • IBM Corporation
  • Google LLC
  • Oracle Corporation
  • NVIDIA Corporation
  • Thales Group S.A.
  • Intel Corporation
  • Adobe, Inc.
  • Salesforce, Inc.
  • DataRobot, Inc.
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Artificial Intelligence (AI) Toolkit Market, by Component
1.4.2 North America Artificial Intelligence (AI) Toolkit Market, by Technology
1.4.3 North America Artificial Intelligence (AI) Toolkit Market, by Vertical
1.4.4 North America Artificial Intelligence (AI) Toolkit Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansion
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2019, Jul – 2023, Oct) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. North America Artificial Intelligence (AI) Toolkit Market by Component
5.1 North America Software Market by Country
5.2 North America Hardware Market by Country
5.3 North America Artificial Intelligence (AI) Toolkit Market by Hardware Type
5.3.1 North America Processors Market by Country
5.3.2 North America Accelerators Market by Country
5.3.3 North America Others Market by Country
5.4 North America Services Market by Country
Chapter 6. North America Artificial Intelligence (AI) Toolkit Market by Technology
6.1 North America Natural Language Processing Market by Country
6.2 North America Computer Vision Market by Country
6.3 North America Machine Learning Market by Country
6.4 North America Robotic Process Automation Market by Country
Chapter 7. North America Artificial Intelligence (AI) Toolkit Market by Vertical
7.1 North America BFSI Market by Country
7.2 North America IT & Telecom Market by Country
7.3 North America Government & Defense Market by Country
7.4 North America Healthcare & Lifesciences Market by Country
7.5 North America Media & Entertainment Market by Country
7.6 North America Retail & Ecommerce Market by Country
7.7 North America Automotive, Transportation & Logistics Market by Country
7.8 North America Energy & Utilities Market by Country
7.9 North America Manufacturing Market by Country
7.1 North America Others Market by Country
Chapter 8. North America Artificial Intelligence (AI) Toolkit Market by Country
8.1 US Artificial Intelligence (AI) Toolkit Market
8.1.1 US Artificial Intelligence (AI) Toolkit Market by Component
8.1.1.1 US Artificial Intelligence (AI) Toolkit Market by Hardware Type
8.1.2 US Artificial Intelligence (AI) Toolkit Market by Technology
8.1.3 US Artificial Intelligence (AI) Toolkit Market by Vertical
8.2 Canada Artificial Intelligence (AI) Toolkit Market
8.2.1 Canada Artificial Intelligence (AI) Toolkit Market by Component
8.2.1.1 Canada Artificial Intelligence (AI) Toolkit Market by Hardware Type
8.2.2 Canada Artificial Intelligence (AI) Toolkit Market by Technology
8.2.3 Canada Artificial Intelligence (AI) Toolkit Market by Vertical
8.3 Mexico Artificial Intelligence (AI) Toolkit Market
8.3.1 Mexico Artificial Intelligence (AI) Toolkit Market by Component
8.3.1.1 Mexico Artificial Intelligence (AI) Toolkit Market by Hardware Type
8.3.2 Mexico Artificial Intelligence (AI) Toolkit Market by Technology
8.3.3 Mexico Artificial Intelligence (AI) Toolkit Market by Vertical
8.4 Rest of North America Artificial Intelligence (AI) Toolkit Market
8.4.1 Rest of North America Artificial Intelligence (AI) Toolkit Market by Component
8.4.2 Rest of North America Artificial Intelligence (AI) Toolkit Market by Technology
8.4.2.1 Rest of North America Artificial Intelligence (AI) Toolkit Market by Hardware Type
8.4.3 Rest of North America Artificial Intelligence (AI) Toolkit Market by Vertical
Chapter 9. Company Profiles
9.1 Microsoft Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 IBM Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.5.3 Geographical Expansions:
9.2.6 SWOT Analysis
9.3 Google LLC (Alphabet Inc.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.5.3 Geographical Expansions:
9.3.6 SWOT Analysis
9.4 Oracle Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 NVIDIA Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Thales Group S.A.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.6 SWOT Analysis
9.7 Intel Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.5.2 Acquisition and Mergers:
9.7.5.3 Geographical Expansions:
9.7.6 SWOT Analysis
9.8 Adobe, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 Salesforce, Inc. (Tableau Software, LLC)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Product Launches and Product Expansions:
9.9.5.3 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. DataRobot, Inc.
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.2.2 Product Launches and Product Expansions:
9.10.2.3 Acquisition and Mergers:
9.10.3 SWOT Analysis

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