Global Enterprise Artificial Intelligence (AI) Market

Report Code: IFT286A

Publish Date: Sep 2023

Publisher: BCC Publishing

Category: Information Technology

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Report Highlights

The global market for global enterprise AI market has a significant scope and offers a comprehensive description of the market, including its potential, growth drivers, challenges, and opportunities. The market has been segmented based on component, technology, application area, end user, and region. Geographically, the market has been divided into North America, Europe, Asia-Pacific (APAC), and the Rest of the World. The global and regional markets were corroborated for the present and forecasted values based on statistical analysis.

Report Includes

  • A brief general outlook of the global market for enterprise artificial intelligence (AI) systems
  • Analyses of the global market trends, with historic market revenue for 2022, estimates for 2023, forecasts for 2024 and 2026, and projections of compound annual growth rates (CAGRs) through 2028
  • Understanding of the upcoming market potential for enterprise AI market, and areas of focus to forecast this market into various segments and sub-segments
  • Estimation of the actual market size and revenue forecast for the global enterprise AI market, and corresponding market share analysis based on component, technology, end user, and geographical region
  • Discussion of the major growth drivers, opportunities and challenges, technology updates, prospects, and impact of macroeconomic variables influencing the market for enterprise AI systems as a basis for projecting demand in the next few years (2023-2028)
  • Identification of the key players operating in the global enterprise AI market, and analysis of their competitive landscape based on product portfolios, recent developments, operational integration, and other strategic advantages
  • Company profiles of the major global players

Report Scope

In this report, the market has been segmented based on component, technology, end user, and geography. The report provides an overview of the global Enterprise AI market and analyzes market trends. Using 2022 as the base year, the report provides estimated market data for the forecast period, 2023-2028. Revenue forecasts for this period are segmented based on technology, end user, and geographical region. Market values have been estimated based on the total revenue of Enterprise AI providers.

The report covers the market in the different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for enterprise AI in 2022 and provides projections for the expected market size through 2028. The scope of the study includes different types of enterprise AI and also includes the services and technology that support enterprise AI.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $8.3 billion
Market size forecast $68.9 billion
Growth rate CAGR of 43.9% from 2023 to 2028
Units considered $ Millions
Segments covered By Component, Technology, End User, and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Market Drivers
  • Increasing Adoption of AI Solutions Across Verticals
  • Growing Need for Analyzing Large and Complex Data Sets
Companies studied
AMAZON WEB SERVICES INC.C3.AI INC.
DATAROBOT INC.GOOGLE INC. (ALPHABET INC.)
HEWLETT PACKARD ENTERPRISE DEVELOPMENT LPIBM CORP.
INTEL CORP.MICROSOFT CORP.
NVIDIA CORP.ORACLE
SAP SE
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Frequently Asked Questions (FAQs)

The market is projected to grow from $8.3 billion in 2022 to $68.9 billion in 2028, at a compound annual growth rate (CAGR) of 43.9% during the forecast period.
The key factors driving the growth of the enterprise AI market includes:
  • Increasing adoption of AI solutions across verticals.
  • Growing investment in AI technologies.
The enterprise AI market is segmented based on component, technology type, end user, and region.
By component, solutions segment is anticipated to dominate the market by the end of 2028.
North America holds the highest market share in the market in terms of region.
Key companies in the market include IBM Corp., Google LLC, Microsoft Corp., etc.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

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Title/Chapter NamePagesMember Price
Full Report: Global Enterprise Artificial Intelligence (AI) Market70Free

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Global Enterprise Artificial Intelligence (AI) Market
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