Global Applied Ai Service Market Size & Outlook, 2023-2030
The applied ai service industry worldwide is expected to reach a projected revenue of US$ 1,123.5 million by 2030. A compound annual growth rate of 25% is expected of the worldwide applied ai service industry from 2024 to 2030.
Revenue, 2023 (US$M)
$235.6
Forecast, 2030 (US$M)
$1,123.5
CAGR, 2024 - 2030
25%
Report Coverage
Worldwide
Global applied ai service market, 2018-2030 (US$M)
Global applied ai service market highlights
- The global applied ai service market generated a revenue of USD 235.6 million in 2023 and is expected to reach USD 1,123.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 25% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 235.6 million in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 235.6 million |
| Market revenue in 2030 | USD 1,123.5 million |
| Growth rate | 25% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
Other key industry trends
- In terms of revenue, the North America accounted for 31.8% of the global applied ai service market in 2023.
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Applied AI Service Market Scope
Applied ai service market segmentation & scope
Technology
On-premise
Cloud
Deployment
Machine Learning
Computer Vision
Natural Language Processing
Others
Industry Vertical
Healthcare
Retail
BFSI
Manufacturing
Retail & e-commerce
Transportation & Logistics
Media & Entertainment
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Japan
China
India
Australia
South Korea
Brazil
South Africa
Saudi Arabia
UAE
Applied AI Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global applied ai service market size, by regions, 2018-2030 (US$M)
Related regional statistics
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