Global Cloud Ai Market Size & Outlook, 2023-2030
The cloud ai industry worldwide is expected to reach a projected revenue of US$ 647,607.3 million by 2030. A compound annual growth rate of 39.6% is expected of the worldwide cloud ai industry from 2024 to 2030.
Revenue, 2023 (US$M)
$62,635.4
Forecast, 2030 (US$M)
$647,607.3
CAGR, 2024 - 2030
39.6%
Report Coverage
Worldwide
Global cloud ai market, 2017-2030 (US$M)
Related Markets
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Global cloud ai market highlights
- The global cloud ai market generated a revenue of USD 62,635.4 million in 2023 and is expected to reach USD 647,607.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 39.6% by 2030.
- In terms of segment, deep learning accounted for a revenue of USD 22,249.8 million in 2023.
- Nature Language Processing is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 62,635.4 million |
| Market revenue in 2030 | USD 647,607.3 million |
| Growth rate | 39.6% (CAGR from 2023 to 2030) |
| Largest segment | Deep learning |
| Fastest growing segment | Nature Language Processing |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Deep Learning, Machine Learning, Nature Language Processing |
Other key industry trends
- In terms of revenue, the North America accounted for 33.2% of the global cloud ai market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 12,273.1 million by 2030.
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Cloud AI Market Scope
Cloud ai market segmentation & scope
Healthcare
Retail
BFSI
IT & Telecommunication
Government
Manufacturing
Automotive & Transportation
Others
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
U.S.
Canada
Germany
France
Japan
China
India
Australia
South Korea
Mexico
Brazil
South Africa
Saudi Arabia
UAE
UK
Cloud AI Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cloud ai 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 cloud ai market will help companies and investors design strategic landscapes.
Deep learning was the largest segment with a revenue share of 35.52% in 2023. Horizon Databook has segmented the Global cloud ai market based on deep learning, machine learning, nature language processing covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Cloud AI Technology Outlook (Revenue, USD Million, 2017-2030)
- Deep Learning
- Machine Learning
- Nature Language Processing
- Others
- Global Cloud AI Type Outlook (Revenue, USD Million, 2017-2030)
- Solution
- Services
- Global Cloud AI Vertical Outlook (Revenue, USD Million, 2017-2030)
- Healthcare
- Retail
- BFSI
- IT & Telecommunication
- Government
- Manufacturing
- Automotive & Transportation
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global cloud ai market , including forecasts for subscribers. This global databook contains high-level insights into Global cloud ai market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global cloud ai market size, by region, 2017-2030 (US$M)
Top 10 countries: Cloud ai market size, 2022 (US$M)
Global cloud ai market share, by technology, 2022 & 2030 (%, US$M)
Cloud Ai Market: Opportunity Assessment By Country
Global cloud ai market, by region, 2023 (US$M)
Related regional statistics
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