PUBLISHER: TechNavio | PRODUCT CODE: 1792249
PUBLISHER: TechNavio | PRODUCT CODE: 1792249
The AI analytic market is forecasted to grow by USD 91,474.4 mn during 2024-2029, accelerating at a CAGR of 32.2% during the forecast period. The report on the AI analytic market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by exponential growth and complexity of data, widespread adoption of cloud computing and democratization of AI, and strategic imperative for hyper personalization and enhanced customer experience.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 27% |
CAGR | 32.2% |
Incremental Value | $91,474.4 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's AI analytic market is segmented as below:
By End-user
By Type
By Component
By Geographical Landscape
This study identifies the strategic shift from predictive to prescriptive and autonomous analytics as one of the prime reasons driving the AI analytic market growth during the next few years. Also, convergence toward unified and integrated data and AI platforms and proliferation of edge AI analytics for real-time decision making will lead to sizable demand in the market.
The report on the AI analytic market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading AI analytic market vendors that include Accenture PLC, Alteryx Inc., Amazon Web Services Inc., Capgemini Service SAS, Cognizant Technology Solutions Corp., Databricks Inc., Dataiku Inc., DataRobot Inc., Deloitte Touche Tohmatsu Ltd., Google LLC, International Business Machines Corp., Microsoft Corp., Oracle Corp., Palantir Technologies Inc., Salesforce Inc., SAP SE, SAS Institute Inc., Snowflake Inc., Teradata Corp., and Wipro Ltd.. Also, the AI analytic market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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