PUBLISHER: TechNavio | PRODUCT CODE: 1915398
PUBLISHER: TechNavio | PRODUCT CODE: 1915398
The global cloud artificial intelligence (ai) market is forecasted to grow by USD 155009.7 mn during 2024-2029, accelerating at a CAGR of 24.5% during the forecast period. The report on the global cloud artificial intelligence (ai) 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 proliferation of big data and the imperative for advanced analytics, democratization of artificial intelligence via cloud platforms and generative ai, intensifying demand for automation and enhanced operational efficiency.
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.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 20.5% |
| CAGR | 24.5% |
| Incremental Value | $155009.7 mn |
Technavio's global cloud artificial intelligence (ai) market is segmented as below:
By Component
By Technology
By End-User
Geography
This study identifies the ubiquitous integration of generative AI and foundation models as a service as one of the prime reasons driving the global cloud artificial intelligence (ai) market growth during the next few years. Also, rise of multimodal AI and an intensified focus on AI governance, trust, and sovereignty will lead to sizable demand in the market.
The report on the global cloud artificial intelligence (ai) 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 global cloud artificial intelligence (ai) market vendors that include Amazon.com Inc., AIBrain Inc., Baidu Inc., Cisco Systems Inc., Google LLC, H2O.ai Inc., Informatica Inc., Infosys Ltd., Intel Corp., IBM Corp., Microsoft Corp., Nuance Communications Inc., NVIDIA Corp., Oracle Corp., Salesforce Inc., SoundHound AI Inc., Verint Systems Inc., VMware Inc., Wipro Ltd., ZTE Corp.. Also, the global cloud artificial intelligence (ai) 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.