Artificial Intelligence Platforms Market to grow by $ 17.29 Billion at 35% CAGR during 2021-2025 | Technavio

NEW YORK, June 21, 2021 /PRNewswire/ --

The artificial intelligence platforms market is expected to grow by USD 17.29 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the artificial intelligence platforms market in optimistic, probable, and pessimistic forecast scenarios.

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With the continuing spread of the coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

The artificial intelligence platforms market is driven by the rising demand for AI-based solutions. In addition, increasing investments in R&D for AI technology are expected to trigger the artificial intelligence platforms market toward witnessing a CAGR of almost 35% during the forecast period.

Gain more insights about the global trends impacting the future of artificial intelligence platforms market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR44235

Major Five Artificial Intelligence Platforms Market Participants:

Alibaba Group Holding Ltd.: The company offers the platform Alibaba cloud intelligence brain.

Alphabet Inc.: The company offers the platform Vertex AI.

Amazon.com Inc.: The company offers a set of machine learning services and supporting cloud infrastructure through Amazon Web Service.

International Business Machines Corp.: The company offers the platform IBM Watson.

Palantir Technologies Inc.: The company offers platforms namely Palantir gotham, Palantir Apollo, and other platforms.

Artificial Intelligence Platforms Market 2021-2025: Segmentation

Artificial intelligence platforms market is segmented as below:

• Deployment
• On-premise
• Cloud-based
• Geography
• North America
• APAC
• Europe
• South America
• MEA

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