COVID-19 Recovery Analysis: Artificial Intelligence Platforms Market | Rise In Demand For AI-based Solutions to boost the Market Growth | Technavio -…

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the artificial intelligence platforms market and it is poised to grow by $ 12.51 bn during 2020-2024, progressing at a CAGR of over 33% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Alibaba Group Holding Ltd., Alphabet Inc., Amazon Web Services Inc., International Business Machines Corp., Microsoft Corp., Palantir Technologies Inc., Salesforce.com Inc., SAP SE, SAS Institute Inc., and Tata Consultancy Services Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Rise in demand for ai-based solutions has been instrumental in driving the growth of the market. However, the rise in data privacy issues might hamper the market growth.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

Artificial Intelligence Platforms Market 2020-2024: Segmentation

Artificial Intelligence Platforms Market is segmented as below:

Artificial Intelligence Platforms Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The artificial intelligence platforms market report covers the following areas:

This study identifies the rise in investments in AI start-ups as one of the prime reasons driving the artificial intelligence platforms market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports.

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Artificial Intelligence Platforms Market 2020-2024: Key Highlights

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Deployment

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

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COVID-19 Recovery Analysis: Artificial Intelligence Platforms Market | Rise In Demand For AI-based Solutions to boost the Market Growth | Technavio -...