Causal AI Market Share, Size, Trends, Industry Analysis Report, By Offering (Platform, Cloud, On-premises, Services); By Vertical; By Region; Segment Forecast, 2023 - 2032

Causal AI Market Share, Size, Trends, Industry Analysis Report, By Offering (Platform, Cloud, On-premises, Services); By Vertical; By Region; Segment Forecast, 2023 - 2032



The global causal AI market size is expected to reach USD 543.73 million by 2032, according to a new study by Polaris Market Research. The report “Causal AI Market Share, Size, Trends, Industry Analysis Report, By Offering (Platform, Cloud, On-premises, Services); By Vertical; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The growing adoption and utilization of big data analytics drive the market's growth. The proliferation of data has created a need for advanced analytics techniques to extract valuable insights. Causal AI techniques can uncover causal relationships within large datasets, helping businesses identify hidden patterns and make more accurate predictions. The latest Worldwide Big Data and Analytics (BDA) Spending Guide from International Data Corporation (IDC) predicts that Australia and New Zealand (ANZ) will spend USD 8.9 Million on BDA solutions over the five years between 2021 and 2026, growing at a compound annual growth rate of 13.3%. In 2022, these expenses are expected to total USD 5.5 Million. The growing prominence of big data analytics drives the demand for causal AI. By combining the power of big data analytics with causal AI techniques, organizations can unlock deeper insights, improve decision-making, address the limitations of correlation-based analyses, and achieve more accurate predictions and actionable outcomes.

An increase in company funding is fuelling the research and development activities in the Causal AI field. CausaLens, a company specializing in Causal AI, has successfully raised USD 45 million in a Series A funding round in 2022. Molten Ventures and Dorilton Ventures took the lead in the funding round. This substantial investment will empower causaLens to expand its operations and bring the remarkable advantages of Causal AI to organizations across various sectors and geographical regions. The funding will support the company's efforts in advancing the adoption and application of Causal AI, enabling businesses to leverage its transformative capabilities for improved decision-making and insights.

Causal AI Market Report Highlights

Platform segment is anticipated to witness faster growth in the coming years due to the growing need for data integration and preprocessing.

Healthcare & Life Sciences segment accounted for the larger market share owing to the complex healthcare challenges, growing demand for precision medicine and personalized care.

APAC is projected to register a higher growth rate in the study period owing to the rise in the AI adoption rate in healthcare, retail, BFSI, industrial and automation sectors.

North America is expected to grow larger revenue share owing to the growing investments in computational technology.

The global players include OpenAI, Google, Microsoft, Amazon, IBM, Facebook, Apple, Baidu, Salesforce, NVIDIA, Intel, Tencent, Alibaba, Huawei, Samsung, Oracle, SAP, Adobe, Twitter, Lyft, Uber, Pinterest, Netflix, Spotify, Airbnb, Dropbox, Slack, Zoom, TikTok, Snapchat, WeChat, Attivio, Ayasdi, Clarifai, Descartes Labs, Indico, Anki & iCarbonX.

Polaris Market Research has segmented the causal AI market report based on offering, vertical and region:

Causal AI, Offering Outlook (Revenue - USD Million, 2019 - 2032)

Platform

By Deployment

Cloud

On-premises

Services

Consulting Services

Deployment & Integration

Training, Support, and Maintenance

Causal AI, Vertical Outlook (Revenue - USD Million, 2019 - 2032)

Healthcare & Lifesciences

BFSI

Retail & eCommerce

Transportation & Logistics

Manufacturing

Other Verticals

Causal AI, Regional Outlook (Revenue - USD Million, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa


1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Causal AI Market Insights
4.1. Causal AI Market – Industry Snapshot
4.2. Causal AI Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Application of casual inference models in various fields
4.2.1.2. Rising use of artificial intelligence in healthcare sector
4.2.2. Restraints and Challenges
4.2.2.1. Acquiring and preparing high-quality data
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Causal AI Industry trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Causal AI Market, by Offering
5.1. Key Findings
5.2. Introduction
5.2.1. Global Causal AI, by Offering, 2019-2032 (USD Million)
5.3. Platform
5.3.1. Global Causal AI Market, by Platform, by Region, 2019-2032 (USD Million)
5.4. Cloud
5.4.1. Global Causal AI Market, by Cloud, by Region, 2019-2032 (USD Million)
5.5. On-premises
5.5.1. Global Causal AI Market, by On-premises, by Region, 2019-2032 (USD Million)
5.6. Services
5.6.1. Global Causal AI Market, by Services, by Region, 2019-2032 (USD Million)
6. Global Causal AI Market, by Vertical
6.1. Key Findings
6.2. Introduction
6.2.1. Global Causal AI Market, by Vertical, 2019-2032 (USD Million)
6.3. Healthcare & Lifesciences
6.3.1. Global Causal AI Market, by Healthcare & Lifesciences, by Region, 2019-2032 (USD Million)
6.4. BFSI
6.4.1. Global Causal AI Market, by BFSI, by Region, 2019-2032 (USD Million)
6.5. Retail & eCommerce
6.5.1. Global Causal AI Market, by Retail & eCommerce, by Region, 2019-2032 (USD Million)
6.6. Transportation & Logistics
6.6.1. Global Causal AI Market, by Transportation & Logistics, by Region, 2019-2032 (USD Million)
6.7. Manufacturing
6.7.1. Global Causal AI Market, by Manufacturing, by Region, 2019-2032 (USD Million)
6.8. Other Verticals
6.8.1. Global Causal AI Market, by Other Verticals, by Region, 2019-2032 (USD Million)
7. Global Causal AI Market, by Geography
7.1. Key findings
7.2. Introduction
7.2.1. Causal AI Market Assessment, By Geography, 2019-2032 (USD Million)
7.3. Causal AI Market – North America
7.3.1. North America: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.3.2. North America: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.3.3. Causal AI Market – U.S.
7.3.3.1. U.S.: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.3.3.2. U.S.: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.3.4. Causal AI Market – Canada
7.3.4.1. Canada: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.3.4.2. Canada: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.4. Causal AI Market – Europe
7.4.1. Europe: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.4.2. Europe: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.4.3. Causal AI Market – UK
7.4.3.1. UK: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.4.3.2. UK: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.4.4. Causal AI Market – France
7.4.4.1. France: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.4.4.2. France: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.4.5. Causal AI Market – Germany
7.4.5.1. Germany: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.4.5.2. Germany: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.4.6. Causal AI Market – Italy
7.4.6.1. Italy: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.4.6.2. Italy: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.4.7. Causal AI Market – Spain
7.4.7.1. Spain: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.4.7.2. Spain: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.4.8. Causal AI Market – Netherlands
7.4.8.1. Netherlands: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.4.8.2. Netherlands: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.4.9. Causal AI Market – Russia
7.4.9.1. Russia: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.4.9.2. Russia: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.5. Causal AI Market – Asia Pacific
7.5.1. Asia Pacific: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.5.2. Asia Pacific: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.5.3. Causal AI Market – China
7.5.3.1. China: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.5.3.2. China: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.5.4. Causal AI Market – India
7.5.4.1. India: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.5.4.2. India: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.5.5. Causal AI Market – Malaysia
7.5.5.1. Malaysia: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.5.5.2. Malaysia: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.5.6. Causal AI Market – Japan
7.5.6.1. Japan: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.5.6.2. Japan: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.5.7. Causal AI Market – Indonesia
7.5.7.1. Indonesia: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.5.7.2. Indonesia: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.5.8. Causal AI Market – South Korea
7.5.8.1. South Korea: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.5.8.2. South Korea: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.6. Causal AI Market – Middle East & Africa
7.6.1. Middle East & Africa: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.6.2. Middle East & Africa: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.6.3. Causal AI Market – Saudi Arabia
7.6.3.1. Saudi Arabia: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.6.3.2. Saudi Arabia: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.6.4. Causal AI Market – UAE
7.6.4.1. UAE: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.6.4.2. UAE: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.6.5. Causal AI Market – Israel
7.6.5.1. Israel: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.6.5.2. Israel: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.6.6. Causal AI Market – South Africa
7.6.6.1. South Africa: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.6.6.2. South Africa: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.7. Causal AI Market – Latin America
7.7.1. Latin America: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.7.2. Latin America: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.7.3. Causal AI Market – Mexico
7.7.3.1. Mexico: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.7.3.2. Mexico: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.7.4. Causal AI Market – Brazil
7.7.4.1. Brazil: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.7.4.2. Brazil: Causal AI Market, by Offering, 2019-2032 (USD Million)
7.7.5. Causal AI Market – Argentina
7.7.5.1. Argentina: Causal AI Market, by Vertical, 2019-2032 (USD Million)
7.7.5.2. Argentina: Causal AI Market, by Offering, 2019-2032 (USD Million)
8. Competitive Landscape
8.1. Expansion and Acquisition Analysis
8.1.1. Expansion
8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
9.1. OpenAI
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Recent Development
9.2. Google
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Recent Development
9.3. Microsoft
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Recent Development
9.4. Amazon
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Recent Development
9.5. IBM
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Recent Development
9.6. Facebook
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Recent Development
9.7. Apple
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Recent Development
9.8. Baidu
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Recent Development
9.9. Salesforce
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Recent Development
9.10. NVIDIA
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Recent Development
9.11. Intel
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Recent Development
9.12. Tencent
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Recent Development
9.13. Alibaba
9.13.1. Company Overview
9.13.2. Financial Performance
9.13.3. Product Benchmarking
9.13.4. Recent Development
9.14. Huawei
9.14.1. Company Overview
9.14.2. Financial Performance
9.14.3. Product Benchmarking
9.14.4. Recent Development
9.15. Samsung
9.15.1. Company Overview
9.15.2. Financial Performance
9.15.3. Product Benchmarking
9.15.4. Recent Development
9.16. Oracle
9.16.1. Company Overview
9.16.2. Financial Performance
9.16.3. Product Benchmarking
9.16.4. Recent Development
9.17. SAP
9.17.1. Company Overview
9.17.2. Financial Performance
9.17.3. Product Benchmarking
9.17.4. Recent Development
9.18. Adobe
9.18.1. Company Overview
9.18.2. Financial Performance
9.18.3. Product Benchmarking
9.18.4. Recent Development
9.19. Twitter
9.19.1. Company Overview
9.19.2. Financial Performance
9.19.3. Product Benchmarking
9.19.4. Recent Development
9.20. Lyft
9.20.1. Company Overview
9.20.2. Financial Performance
9.20.3. Product Benchmarking
9.20.4. Recent Development
9.21. Uber
9.21.1. Company Overview
9.21.2. Financial Performance
9.21.3. Product Benchmarking
9.21.4. Recent Development
9.22. Pinterest
9.22.1. Company Overview
9.22.2. Financial Performance
9.22.3. Product Benchmarking
9.22.4. Recent Development
9.23. Netflix
9.23.1. Company Overview
9.23.2. Financial Performance
9.23.3. Product Benchmarking
9.23.4. Recent Development
9.24. Spotify
9.24.1. Company Overview
9.24.2. Financial Performance
9.24.3. Product Benchmarking
9.24.4. Recent Development
9.25. Airbnb
9.25.1. Company Overview
9.25.2. Financial Performance
9.25.3. Product Benchmarking
9.25.4. Recent Development
9.26. Dropbox
9.26.1. Company Overview
9.26.2. Financial Performance
9.26.3. Product Benchmarking
9.26.4. Recent Development
9.27. Slack
9.27.1. Company Overview
9.27.2. Financial Performance
9.27.3. Product Benchmarking
9.27.4. Recent Development
9.28. Zoom
9.28.1. Company Overview
9.28.2. Financial Performance
9.28.3. Product Benchmarking
9.28.4. Recent Development
9.29. TikTok
9.29.1. Company Overview
9.29.2. Financial Performance
9.29.3. Product Benchmarking
9.29.4. Recent Development
9.30. Snapchat
9.30.1. Company Overview
9.30.2. Financial Performance
9.30.3. Product Benchmarking
9.30.4. Recent Development
9.31. WeChat
9.31.1. Company Overview
9.31.2. Financial Performance
9.31.3. Product Benchmarking
9.31.4. Recent Development
9.32. Didi Chuxing
9.32.1. Company Overview
9.32.2. Financial Performance
9.32.3. Product Benchmarking
9.32.4. Recent Development
9.33. Xiaomi
9.33.1. Company Overview
9.33.2. Financial Performance
9.33.3. Product Benchmarking
9.33.4. Recent Development
9.34. Zillow
9.34.1. Company Overview
9.34.2. Financial Performance
9.34.3. Product Benchmarking
9.34.4. Recent Development
9.35. Expedia
9.35.1. Company Overview
9.35.2. Financial Performance
9.35.3. Product Benchmarking
9.35.4. Recent Development
9.36. Yelp
9.36.1. Company Overview
9.36.2. Financial Performance
9.36.3. Product Benchmarking
9.36.4. Recent Development
9.37. PayPal
9.37.1. Company Overview
9.37.2. Financial Performance
9.37.3. Product Benchmarking
9.37.4. Recent Development
9.38. Square
9.38.1. Company Overview
9.38.2. Financial Performance
9.38.3. Product Benchmarking
9.38.4. Recent Development
9.39. Stripe
9.39.1. Company Overview
9.39.2. Financial Performance
9.39.3. Product Benchmarking
9.39.4. Recent Development
9.40. Shopify
9.40.1. Company Overview
9.40.2. Financial Performance
9.40.3. Product Benchmarking
9.40.4. Recent Development
9.41. Intellectyx
9.41.1. Company Overview
9.41.2. Financial Performance
9.41.3. Product Benchmarking
9.41.4. Recent Development
9.42. CognitiveScale
9.42.1. Company Overview
9.42.2. Financial Performance
9.42.3. Product Benchmarking
9.42.4. Recent Development
9.43. CognitiveScale
9.43.1. Company Overview
9.43.2. Financial Performance
9.43.3. Product Benchmarking
9.43.4. Recent Development
9.44. H2O.ai
9.44.1. Company Overview
9.44.2. Financial Performance
9.44.3. Product Benchmarking
9.44.4. Recent Development
9.45. DataRobot
9.45.1. Company Overview
9.45.2. Financial Performance
9.45.3. Product Benchmarking
9.45.4. Recent Development
9.46. Cognizant
9.46.1. Company Overview
9.46.2. Financial Performance
9.46.3. Product Benchmarking
9.46.4. Recent Development
9.47. Accenture
9.47.1. Company Overview
9.47.2. Financial Performance
9.47.3. Product Benchmarking
9.47.4. Recent Development
9.48. Infosys
9.48.1. Company Overview
9.48.2. Financial Performance
9.48.3. Product Benchmarking
9.48.4. Recent Development
9.49. Wipro
9.49.1. Company Overview
9.49.2. Financial Performance
9.49.3. Product Benchmarking
9.49.4. Recent Development
9.50. TCS
9.50.1. Company Overview
9.50.2. Financial Performance
9.50.3. Product Benchmarking
9.50.4. Recent Development
9.51. Deloitte
9.51.1. Company Overview
9.51.2. Financial Performance
9.51.3. Product Benchmarking
9.51.4. Recent Development
9.52. PwC
9.52.1. Company Overview
9.52.2. Financial Performance
9.52.3. Product Benchmarking
9.52.4. Recent Development
9.53. Ernst & Young
9.53.1. Company Overview
9.53.2. Financial Performance
9.53.3. Product Benchmarking
9.53.4. Recent Development
9.54. Capgemini
9.54.1. Company Overview
9.54.2. Financial Performance
9.54.3. Product Benchmarking
9.54.4. Recent Development
9.55. Palantir Technologies
9.55.1. Company Overview
9.55.2. Financial Performance
9.55.3. Product Benchmarking
9.55.4. Recent Development
9.56. ThoughtSpot
9.56.1. Company Overview
9.56.2. Financial Performance
9.56.3. Product Benchmarking
9.56.4. Recent Development
9.57. UiPath
9.57.1. Company Overview
9.57.2. Financial Performance
9.57.3. Product Benchmarking
9.57.4. Recent Development
9.58. Automation Anywhere
9.58.1. Company Overview
9.58.2. Financial Performance
9.58.3. Product Benchmarking
9.58.4. Recent Development
9.59. Blue Prism
9.59.1. Company Overview
9.59.2. Financial Performance
9.59.3. Product Benchmarking
9.59.4. Recent Development
9.60. Dataiku
9.60.1. Company Overview
9.60.2. Financial Performance
9.60.3. Product Benchmarking
9.60.4. Recent Development
9.61. Trifacta
9.61.1. Company Overview
9.61.2. Financial Performance
9.61.3. Product Benchmarking
9.61.4. Recent Development
9.62. Databricks
9.62.1. Company Overview
9.62.2. Financial Performance
9.62.3. Product Benchmarking
9.62.4. Recent Development
9.63. Alteryx
9.63.1. Company Overview
9.63.2. Financial Performance
9.63.3. Product Benchmarking
9.63.4. Recent Development
9.64. RapidMiner
9.64.1. Company Overview
9.64.2. Financial Performance
9.64.3. Product Benchmarking
9.64.4. Recent Development
9.65. Attivio
9.65.1. Company Overview
9.65.2. Financial Performance
9.65.3. Product Benchmarking
9.65.4. Recent Development
9.66. Ayasdi
9.66.1. Company Overview
9.66.2. Financial Performance
9.66.3. Product Benchmarking
9.66.4. Recent Development
9.67. Clarifai
9.67.1. Company Overview
9.67.2. Financial Performance
9.67.3. Product Benchmarking
9.67.4. Recent Development
9.68. Descartes Labs
9.68.1. Company Overview
9.68.2. Financial Performance
9.68.3. Product Benchmarking
9.68.4. Recent Development
9.69. Indico
9.69.1. Company Overview
9.69.2. Financial Performance
9.69.3. Product Benchmarking
9.69.4. Recent Development
9.70. Anki
9.70.1. Company Overview
9.70.2. Financial Performance
9.70.3. Product Benchmarking
9.70.4. Recent Development
9.71. iCarbonX
9.71.1. Company Overview
9.71.2. Financial Performance
9.71.3. Product Benchmarking
9.71.4. Recent Development

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