Global AI Development Service Market Growth (Status and Outlook) 2024-2030

Global AI Development Service Market Growth (Status and Outlook) 2024-2030

AI development firms build web applications and software that utilize artificial intelligence as a main feature. These projects can include deep learning systems, data analytics platforms, machine learning programs, and conversational tools. AI development firms are often tasked with developing tools such as natural language processing (NLP) software and deep learning software.

The global AI Development Service market size is projected to grow from US$ 3048.2 million in 2023 to US$ 9212.5 million in 2030; it is expected to grow at a CAGR of 17.1% from 2024 to 2030.

LPI (LP Information)' newest research report, the “AI Development Service Industry Forecast” looks at past sales and reviews total world AI Development Service sales in 2023, providing a comprehensive analysis by region and market sector of projected AI Development Service sales for 2024 through 2030. With AI Development Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world AI Development Service industry.

This Insight Report provides a comprehensive analysis of the global AI Development Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on AI Development Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global AI Development Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for AI Development Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global AI Development Service.

As an important force driving a new round of scientific and technological revolution, artificial intelligence has been of national strategic importance. Many governments introduces polices and increase capital investment to support AI companies. The Digital Europe plan adopted by the European Union will allocate €9.2 billion on high-tech investments, such as supercomputing, artificial intelligence, and network security. In order to maintain its leading position, the United States will increase its investment in artificial intelligence research and development in non-defense fields, from US$1.6 billion to US$1.7 billion in 2022. According to the latest data released by IDC, global artificial intelligence revenue was US$432.8 billion in 2022, a year-on-year increase of 19.66%, including software, hardware and services.

This report presents a comprehensive overview, market shares, and growth opportunities of AI Development Service market by product type, application, key players and key regions and countries.

Segmentation by type
Online Service
Offline Service

Segmentation by application
Large Enterprises
SMEs

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Algoworks
Chop Dawg
Accubits Technologies
Achievion Solutions
AdiMap
Alphalake AI
Arthonsys Technologies LLP
Azati Corporation
Cyber Infrastructure
Daffodil Software
Dashbouquet Development, LLC
DataRoot Labs
Deep Vision AI Inc.
Enlightenment.AI
Icreon
ISS Art
LeewayHertz
Narola Infotech
Neoteric
Netguru
Apptraction
Quytech
Right Information
Rightpoint
Scopic
Skim Technologies
Softura
The Bot Forge Ltd
Tooploox
Unicsoft

Please note: The report will take approximately 2 business days to prepare and deliver.