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The global enterprise artificial intelligence (AI) market is anticipated to expand at a significant CAGR, in terms of revenue generation, during the forecast period. Globally, rising adoption of AI due to its widespread applications such as fraud detection, risk management, and interactive chatbots is driving market growth. <br>
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Artificial Intelligence (AI) Market Size | Industry Report, 2026 The global enterprise artificial intelligence (AI) market is anticipated to expand at a significant CAGR, in terms of revenue generation, during the forecast period. Globally, rising adoption of AI due to its widespread applications such as fraud detection, risk management, and interactive chatbots is driving market growth. Market Dynamics: • Increasing focus on boosting enterprise productivity by automation is projected to drive market growth in the coming years. • Rising focus on customer satisfaction to retain market position is a key factor driving the demand for enterprise AI. • High implementation and maintenance costs of Enterprise AI are expected to hinder market growth during the forecast period.
Scope of the Report The report on the enterprise artificial intelligence (AI) market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Enterprise Artificial Intelligence (AI) Market Segment Insights: The services segment is expected to register significant CAGR over forecast period due to rising demand from the previous solution user enterprises Based on components, the market has been bifurcated into solutions and services. The solutions segment dominates the market, in terms of revenue generation, due to increasing deployment of enterprise AI platforms to boost operational performance and improve efficiency. The services segment is estimated to expand at a significant CAGR during the forecast period due to the adoption of solutions across enterprises The natural language processing segment is projected expand at a CAGR during the forecast period On the basis of technology, the market has been segregated into machine learning & deep learning and natural language processing (NLP). Factors such as increasing usage of smartphones and rising number of Internet users are increasing interaction among human and machines. This, in turn, is driving the growth of the natural language processing segment.
High demand for solutions to analyze complex and large data across large enterprises is anticipated fuel the growth of the segment In terms of enterprise size, the market has been classified as Small- & Medium-sized Enterprises, and Large Enterprises. Based on revenue generation, large enterprises is the most attractive segment of the market. Availability of high disposable income, highly technical expertise, and growing awareness regarding the usage of artificial intelligence in the enterprise operations is fuelling this segment The market in North America is expected to be lucrative during the forecast period due to high adoption of advanced solutions for business performance improvement Based on regions, the global enterprise artificial intelligence (AI) market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the global market, in terms of demand, due to factors such as increasing requirement for improving business performance and adoption of AI, and availability of strong disposable income. Moreover, the boom in industrialization and increasing focus on the implementation process of automation is driving the growth of the market in the region.
Competitive Landscape: Leading players in the enterprise artificial intelligence (AI) market include International Business Machines Corporation (IBM), Wipro Limited, Microsoft Corporation, Amazon Web Services, Inc., Intel Corporation, Google LLC, SAP, Evolv Technologies, Oracle Corporation, and Hewlett Packard Enterprise Development LP. They engage in strategies such as partnerships, mergers, and product innovations to sustain in the market competitions. For instance, in April 2019, Google LLC launched an end-to-end AI platform for the enterprises. Through this advanced version of AI platform, Google is focusing on offering customization tools, the betas of its custom entity extraction service and a custom sentiment analysis service Segments Covered in the Report The global enterprise artificial intelligence market has been classified on the basis of components, technology, enterprise sizes, and regions
By Components • Solution • Services By Technology • Machine Learning and Deep Learning • Natural Language Processing (NLP) By Enterprise Size • Small- & Medium-sized Enterprises • Large Enterprises By Regions • North America • Europe • Asia Pacific • Latin America • Middle East & Africa