Europe Artificial Intelligence As A Service Market Size & Outlook

The artificial intelligence as a service market in Europe is expected to reach a projected revenue of US$ 23,213.9 million by 2030. A compound annual growth rate of 36.2% is expected of Europe artificial intelligence as a service market from 2025 to 2030.
Revenue, 2024 (US$M)
$3,636.3
Forecast, 2030 (US$M)
$23,213.9
CAGR, 2025 - 2030
36.2%
Report Coverage
Europe

Europe artificial intelligence as a service market highlights

  • The Europe artificial intelligence as a service market generated a revenue of USD 3,636.3 million in 2024.
  • The market is expected to grow at a CAGR of 36.2% from 2025 to 2030.
  • In terms of segment, machine learning (ml) was the largest revenue generating technology in 2024.
  • Machine learning (ML) is the most lucrative technology segment registering the fastest growth during the forecast period.


Europe data book summary

Market revenue in 2024USD 3,636.3 million
Market revenue in 2030USD 23,213.9 million
Growth rate36.2% (CAGR from 2024 to 2030)
Largest segmentMachine learning (ml)
Fastest growing segmentMachine learning (ML)
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMachine learning (ML)
Key market players worldwideAmazon Web Services, Salesforce Inc, International Business Machines Corp, Intel Corp, BigML, Fair Isaac Corp, Microsoft Corp, Alphabet Inc Class A, SAP SE, Siemens AG


Other key industry trends

  • In terms of revenue, Europe region accounted for 22.6% of the global artificial intelligence as a service market in 2024.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 25,839.9 million by 2030.

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Artificial Intelligence As A Service Market Scope

Artificial intelligence as a service market segmentation & scope
Machine learning (ML)
Computer Vision
Natural Language Processing (NLP)
Others(RPA, Predictive Analytics)
Service Type
Software
Data Storage and Archiving
Modeler and Processing
Cloud and Web-Based Application Programming Interface (APIs)
Others (Model Validator, Decision Report/Predictor/Training, and Report Storage)
Services
Deployment
Public
Private
Hybrid
Organization Size
Large Enterprises
Small and Medium-sized Enterprises (SMEs)
Veticle
Banking, Financial, and Insurance (BFSI)
Healthcare and Life Sciences
Retail
IT & Telecommunication
Government and Defense
Manufacturing
Energy & Utility
Others (Automative, Education, Agriculture, Transportation, and Media and Entertainment)
Offering
SaaS
PaaS
IaaS

Artificial Intelligence As A Service Market Companies

Name Profile # Employees HQ Website

Europe artificial intelligence as a service market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial intelligence as a service market will help companies and investors design strategic landscapes.


Machine learning (ml) was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Europe artificial intelligence as a service market based on machine learning (ml) covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of artificial intelligence as a service market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe artificial intelligence as a service market , including forecasts for subscribers. This continent databook contains high-level insights into Europe artificial intelligence as a service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe artificial intelligence as a service market

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