North America Composite AI Market Size, Share & Industry Trends Analysis Report

North America Composite AI Market Size, Share & Industry Trends Analysis Report By Technique, By Vertical, By Application, By Offering, By Country and Growth Forecast, 2023 - 2030


The North America Composite AI Market would witness market growth of 36.0% CAGR during the forecast period (2023-2030).

Composite AI overcomes ML's cited limitations and restrictions to provide better outcomes. The utilization of pre-built, industry-standard knowledge graphs is another advantage of Composite AI. Then, users may modify them and create their own models for a particular industry. They may be improved, but as they currently apply to the majority of businesses, they are primarily being used.

Additionally, businesses may employ composite AI to oversee operational processes along the whole value chain, where an enterprise' "smarts" are located. Users of composite AI may create intelligent computers that integrate data from humans and other machine learning techniques into a single, integrated system. Although the underlying ideas of Composite AI are not unfamiliar, its implementation has just lately begun. Composite AI knows that techniques like deep learning, graph analytics, or other "more traditional" AI methods are not a panacea.

The National Artificial Intelligence (AI) Initiative focuses on six strategic pillars including advancing reliable AI, enhancing AI innovation, enhancing current infrastructure through new technologies, creating new opportunistic avenues for education and training through AI, enabling private and federal sectors for the utilization of AI to enhance existing systems, and developing an environment that supports AI, has also been formalized by the United States. The market is expected to be supported by all of these factors.

The US market dominated the North America Composite AI Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,267.7 million by 2030. The Canada market is showcasing a CAGR of 39.1% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 37.9% during (2023 - 2030).

Based on Technique, the market is segmented into Data Processing, Data Mining & Machine Learning, Conditioned Monitoring, Pattern Recognition and Proactive Mechanism & Others. Based on Vertical, the market is segmented into BFSI, Telecommunications, Retail & eCommerce, Healthcare & Lifesciences, Media & Entertainment, Energy & Power, Transportation & Logistics, Government & Defense, Manufacturing and Others. Based on Application, the market is segmented into Product Design & Development, Quality Control, Predictive Maintenance, Security & Surveillance and Customer Service & Others. Based on Offering, the market is segmented into Hardware (Processors, Memory Units, Networks and Others), Software (AI Development Platforms & Tools, ML Framework and AI Middleware & Others) and Services. 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 IBM Corporation, SAS Institute, Inc., Microsoft Corporation, Google LLC (Alphabet Inc.), Salesforce, Inc., Amazon Web Services, Inc. (Amazon.com, Inc.), NVIDIA Corporation, Intel Corporation, SAP SE, and Squirro AG

Scope of the Study

Market Segments covered in the Report:

By Technique
  • Data Processing
  • Data Mining & Machine Learning
  • Conditioned Monitoring
  • Pattern Recognition
  • Proactive Mechanism & Others
By Vertical
  • BFSI
  • Telecommunications
  • Retail & eCommerce
  • Healthcare & Lifesciences
  • Media & Entertainment
  • Energy & Power
  • Transportation & Logistics
  • Government & Defense
  • Manufacturing
  • Others
By Application
  • Product Design & Development
  • Quality Control
  • Predictive Maintenance
  • Security & Surveillance
  • Customer Service & Others
By Offering
  • Hardware
  • Processors
  • Memory Units
  • Networks
  • Others
  • Software
  • AI Development Platforms & Tools
  • ML Framework
  • AI Middleware & Others
  • Services
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • IBM Corporation
  • SAS Institute, Inc.
  • Microsoft Corporation
  • Google LLC (Alphabet Inc.)
  • Salesforce, Inc.
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • NVIDIA Corporation
  • Intel Corporation
  • SAP SE
  • Squirro AG
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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 Composite AI Market, by Technique
1.4.2 North America Composite AI Market, by Vertical
1.4.3 North America Composite AI Market, by Application
1.4.4 North America Composite AI Market, by Offering
1.4.5 North America Composite AI Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jun – 2023, Jun) Leading Players
Chapter 4. North America Composite AI Market by Technique
4.1 North America Data Processing Market by Country
4.2 North America Data Mining & Machine Learning Market by Country
4.3 North America Conditioned Monitoring Market by Country
4.4 North America Pattern Recognition Market by Country
4.5 North America Proactive Mechanism & Others Market by Country
Chapter 5. North America Composite AI Market by Vertical
5.1 North America BFSI Market by Country
5.2 North America Telecommunications Market by Country
5.3 North America Retail & eCommerce Market by Country
5.4 North America Healthcare & Lifesciences Market by Country
5.5 North America Media & Entertainment Market by Country
5.6 North America Energy & Power Market by Country
5.7 North America Transportation & Logistics Market by Country
5.8 North America Government & Defense Market by Country
5.9 North America Manufacturing Market by Country
5.1 North America Others Market by Country
Chapter 6. North America Composite AI Market by Application
6.1 North America Product Design & Development Market by Country
6.2 North America Quality Control Market by Country
6.3 North America Predictive Maintenance Market by Country
6.4 North America Security & Surveillance Market by Country
6.5 North America Customer Service & Others Market by Country
Chapter 7. North America Composite AI Market by Offering
7.1 North America Hardware Market by Country
7.2 North America Composite AI Market by Hardware Type
7.2.1 North America Processors Market by Country
7.2.2 North America Memory Units Market by Country
7.2.3 North America Networks Market by Country
7.2.4 North America Others Market by Country
7.3 North America Software Market by Country
7.4 North America Composite AI Market by Software Type
7.4.1 North America AI Development Platforms & Tools Market by Country
7.4.2 North America ML Framework Market by Country
7.4.3 North America AI Middleware & Others Market by Country
7.5 North America Services Market by Country
Chapter 8. North America Composite AI Market by Country
8.1 US Composite AI Market
8.1.1 US Composite AI Market by Technique
8.1.2 US Composite AI Market by Vertical
8.1.3 US Composite AI Market by Application
8.1.4 US Composite AI Market by Offering
8.1.4.1 US Composite AI Market by Hardware Type
8.1.4.2 US Composite AI Market by Software Type
8.2 Canada Composite AI Market
8.2.1 Canada Composite AI Market by Technique
8.2.2 Canada Composite AI Market by Vertical
8.2.3 Canada Composite AI Market by Application
8.2.4 Canada Composite AI Market by Offering
8.2.4.1 Canada Composite AI Market by Hardware Type
8.2.4.2 Canada Composite AI Market by Software Type
8.3 Mexico Composite AI Market
8.3.1 Mexico Composite AI Market by Technique
8.3.2 Mexico Composite AI Market by Vertical
8.3.3 Mexico Composite AI Market by Application
8.3.4 Mexico Composite AI Market by Offering
8.3.4.1 Mexico Composite AI Market by Hardware Type
8.3.4.2 Mexico Composite AI Market by Software Type
8.4 Rest of North America Composite AI Market
8.4.1 Rest of North America Composite AI Market by Technique
8.4.2 Rest of North America Composite AI Market by Vertical
8.4.3 Rest of North America Composite AI Market by Application
8.4.4 Rest of North America Composite AI Market by Offering
8.4.4.1 Rest of North America Composite AI Market by Hardware Type
8.4.4.2 Rest of North America Composite AI Market by Software Type
Chapter 9. Company Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional & Segmental 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 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 SAS Institute, Inc.
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Partnerships, Collaborations, and Agreements:
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:
9.3.6 SWOT Analysis
9.4 Intel Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Salesforce, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expense
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 Microsoft Corporation
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 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental Analysis
9.7.4 Recent strategies and developments:
9.7.4.1 Partnerships, Collaborations, and Agreements:
9.7.4.2 Product Launches and Product Expansions:
9.7.5 SWOT Analysis
9.8 SAP SE
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 NVIDIA Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. Squirro AG
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:

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