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Global AI and Machine Learning in Business Market Size study, by Component (Solution, Services) by Enterprise Size (Large Enterprise, Small and Middle-sized Enterprise) by Application (Predictive Analytics, Cyber Security, Supply Chain and Inventory Management, Others, Data Analytics) by Industry Vertical (BFSI, IT and Telecom, Retail, Manufacturing and logistics, Energy sector and Utilities, Healthcare, Others) and Regional Forecasts 2022-2032

July 2024 | 200 pages | ID: G1324469A216EN
Bizwit Research & Consulting LLP

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Global AI and Machine Learning in Business Market is valued approximately at USD 121.9 Billion in 2023 and is anticipated to grow with a healthy growth rate of more than 32.24% over the forecast period 2024-2032. AI and machine learning in business is experiencing robust growth owing to the widespread adoption of AI-powered chatbots for customer service, the increasing use of predictive analytics for informed decision-making, and the expansion of AI applications in cybersecurity for threat detection and response. The integration of AI and machine learning into business processes is becoming increasingly seamless, facilitating AI-driven automation and efficiency across various industries, which further propels the market growth within the business sector.

The Global AI and Machine Learning in Business Market is driven by rapid surge in initiatives aimed at cost reduction and operational efficiency, coupled with comprehensive digital transformation initiatives, are primary drivers for the AI and machine learning in business market growth. AI and machine learning in business market refers to the deployment of artificial intelligence and machine learning technologies to optimize and automate diverse business processes and functions. This market encompasses a broad spectrum of operations, including customer service, marketing, sales, finance, operations, and human resources. AI and machine learning technologies empower businesses to analyze vast amounts of data, identify patterns and trends, make predictions, and automate tasks traditionally performed by humans. Moreover, continuous advancements in AI and machine learning technologies are expected to offer lucrative opportunities for market expansion during the forecast period. However, high implementation costs is going to impede the overall demand for the market during the forecast period 2024-2032.

The key regions considered for the Global AI and Machine Learning in Business Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America dominated the AI and machine learning in business market and is expected to retain its position during the forecast period. This dominance is attributed to continuous technological advancements and the widespread adoption of AI and machine learning across multiple industries, including business, healthcare, and finance, thereby driving market growth. Furthermore, Asia-Pacific is poised to witness significant growth during the forecast period, owing to rapid economic expansion in countries such as China and India, characterized by substantial industrialization and urbanization. This growth creates an increasing demand for advanced technologies such as AI and machine learning to enhance productivity and competitiveness in businesses, thereby driving market growth in the region.

Major market player included in this report are:

Microsoft Corporation

Nvidia

Alphabet Inc

IBM

Amazon

Salesforce Inc.

Baidu

Tencent

Alibaba

Intel Corporation

The detailed segments and sub-segment of the market are explained below:

By Component
  • Solution
  • Services
By Enterprise Size
  • Large Enterprise
  • Small and Middle-sized Enterprise
By Application
  • Predictive Analytics
  • Cyber Security
  • Supply Chain and Inventory Management
  • Others
  • Data Analytics
By Industry Vertical
  • BFSI
  • IT and Telecom
  • Retail
  • Manufacturing and logistics
  • Energy sector and Utilities
  • Healthcare
  • Others
By Region:

North America
  • U.S.
  • Canada
Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • ROE
Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • RoAPAC
Latin America
  • Brazil
  • Mexico
Middle East & Africa
  • Saudi Arabia
  • South Africa
  • RoMEA
Years considered for the study are as follows:
  • Historical year – 2022
  • Base year – 2023
  • Forecast period – 2024 to 2032
Key Takeaways:
  • Market Estimates & Forecast for 10 years from 2022 to 2032.
  • Annualized revenues and regional level analysis for each market segment.
  • Detailed analysis of geographical landscape with Country level analysis of major regions.
  • Competitive landscape with information on major players in the market.
  • Analysis of key business strategies and recommendations on future market approach.
  • Analysis of competitive structure of the market.
  • Demand side and supply side analysis of the market
CHAPTER 1. GLOBAL AI AND MACHINE LEARNING IN BUSINESS MARKET EXECUTIVE SUMMARY

1.1. Global AI and Machine Learning in Business Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Component
  1.3.2. By Enterprise Size
  1.3.3. By Application
  1.3.4. By Industry Vertical
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. GLOBAL AI AND MACHINE LEARNING IN BUSINESS MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL AI AND MACHINE LEARNING IN BUSINESS MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Adoption of AI-powered chatbots for customer service
  3.1.2. Growing use of predictive analytics for decision making
  3.1.3. Expansion of AI operations in cybersecurity
3.2. Market Challenges
  3.2.1. High implementation costs
  3.2.2. Issues related to data privacy and security
3.3. Market Opportunities
  3.3.1. Advancements in AI and machine learning technology
  3.3.2. Increasing demand for advanced analytics tools
  3.3.3. Rising digital transformation initiatives

CHAPTER 4. GLOBAL AI AND MACHINE LEARNING IN BUSINESS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL AI AND MACHINE LEARNING IN BUSINESS MARKET SIZE & FORECASTS BY COMPONENT 2022-2032

5.1. Segment Dashboard
5.2. Global AI and Machine Learning in Business Market: Solution Revenue Trend Analysis, 2022 & 2032 (USD Billion)
5.3. Global AI and Machine Learning in Business Market: Services Revenue Trend Analysis, 2022 & 2032 (USD Billion)

CHAPTER 6. GLOBAL AI AND MACHINE LEARNING IN BUSINESS MARKET SIZE & FORECASTS BY ENTERPRISE SIZE 2022-2032

6.1. Segment Dashboard
6.2. Global AI and Machine Learning in Business Market: Large Enterprise Revenue Trend Analysis, 2022 & 2032 (USD Billion)
6.3. Global AI and Machine Learning in Business Market: Small and Middle-sized Enterprise Revenue Trend Analysis, 2022 & 2032 (USD Billion)

CHAPTER 7. GLOBAL AI AND MACHINE LEARNING IN BUSINESS MARKET SIZE & FORECASTS BY APPLICATION 2022-2032

7.1. Segment Dashboard
7.2. Global AI and Machine Learning in Business Market: Predictive Analytics Revenue Trend Analysis, 2022 & 2032 (USD Billion)
7.3. Global AI and Machine Learning in Business Market: Cyber Security Revenue Trend Analysis, 2022 & 2032 (USD Billion)
7.4. Global AI and Machine Learning in Business Market: Supply Chain and Inventory Management Revenue Trend Analysis, 2022 & 2032 (USD Billion)
7.5. Global AI and Machine Learning in Business Market: Others Revenue Trend Analysis, 2022 & 2032 (USD Billion)
7.6. Global AI and Machine Learning in Business Market: Data Analytics Revenue Trend Analysis, 2022 & 2032 (USD Billion)

CHAPTER 8. GLOBAL AI AND MACHINE LEARNING IN BUSINESS MARKET SIZE & FORECASTS BY INDUSTRY VERTICAL 2022-2032

8.1. Segment Dashboard
8.2. Global AI and Machine Learning in Business Market: BFSI Revenue Trend Analysis, 2022 & 2032 (USD Billion)
8.3. Global AI and Machine Learning in Business Market: IT and Telecom Revenue Trend Analysis, 2022 & 2032 (USD Billion)
8.4. Global AI and Machine Learning in Business Market: Retail Revenue Trend Analysis, 2022 & 2032 (USD Billion)
8.5. Global AI and Machine Learning in Business Market: Manufacturing and logistics Revenue Trend Analysis, 2022 & 2032 (USD Billion)
8.6. Global AI and Machine Learning in Business Market: Energy sector and Utilities Revenue Trend Analysis, 2022 & 2032 (USD Billion)
8.7. Global AI and Machine Learning in Business Market: Healthcare Revenue Trend Analysis, 2022 & 2032 (USD Billion)
8.8. Global AI and Machine Learning in Business Market: Others Revenue Trend Analysis, 2022 & 2032 (USD Billion)

CHAPTER 9. GLOBAL AI AND MACHINE LEARNING IN BUSINESS MARKET SIZE & FORECASTS BY REGION 2022-2032

9.1. North America AI and Machine Learning in Business Market
  9.1.1. U.S. AI and Machine Learning in Business Market
    9.1.1.1. Component breakdown size & forecasts, 2022-2032
    9.1.1.2. Enterprise Size breakdown size & forecasts, 2022-2032
    9.1.1.3. Application breakdown size & forecasts, 2022-2032
    9.1.1.4. Industry Vertical breakdown size & forecasts, 2022-2032
  9.1.2. Canada AI and Machine Learning in Business Market
    9.1.2.1. Component breakdown size & forecasts, 2022-2032
    9.1.2.2. Enterprise Size breakdown size & forecasts, 2022-2032
    9.1.2.3. Application breakdown size & forecasts, 2022-2032
    9.1.2.4. Industry Vertical breakdown size & forecasts, 2022-2032
9.2. Europe AI and Machine Learning in Business Market
  9.2.1. UK AI and Machine Learning in Business Market
  9.2.2. Germany AI and Machine Learning in Business Market
  9.2.3. France AI and Machine Learning in Business Market
  9.2.4. Spain AI and Machine Learning in Business Market
  9.2.5. Italy AI and Machine Learning in Business Market
  9.2.6. Rest of Europe AI and Machine Learning in Business Market
9.3. Asia-Pacific AI and Machine Learning in Business Market
  9.3.1. China AI and Machine Learning in Business Market
  9.3.2. India AI and Machine Learning in Business Market
  9.3.3. Japan AI and Machine Learning in Business Market
  9.3.4. Australia AI and Machine Learning in Business Market
  9.3.5. South Korea AI and Machine Learning in Business Market
  9.3.6. Rest of Asia Pacific AI and Machine Learning in Business Market
9.4. Latin America AI and Machine Learning in Business Market
  9.4.1. Brazil AI and Machine Learning in Business Market
  9.4.2. Mexico AI and Machine Learning in Business Market
  9.4.3. Rest of Latin America AI and Machine Learning in Business Market
9.5. Middle East & Africa AI and Machine Learning in Business Market
  9.5.1. Saudi Arabia AI and Machine Learning in Business Market
  9.5.2. South Africa AI and Machine Learning in Business Market
  9.5.3. Rest of Middle East & Africa AI and Machine Learning in Business Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Key Company SWOT Analysis
  10.1.1. Company
  10.1.2. Company
  10.1.3. Company
10.2. Top Market Strategies
10.3. Company Profiles
  10.3.1. Microsoft Corporation
    10.3.1.1. Key Information
    10.3.1.2. Overview
    10.3.1.3. Financial (Subject to Data Availability)
    10.3.1.4. Product Summary
    10.3.1.5. Market Strategies
  10.3.2. Nvidia
  10.3.3. Alphabet Inc
  10.3.4. IBM
  10.3.5. Amazon
  10.3.6. Salesforce Inc.
  10.3.7. Baidu
  10.3.8. Tencent
  10.3.9. Alibaba
  10.3.10. Intel Corporation

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes

LIST OF TABLES

TABLE 1. Global AI and Machine Learning in Business Market, report scope
TABLE 2. Global AI and Machine Learning in Business Market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global AI and Machine Learning in Business Market estimates & forecasts by Component 2022-2032 (USD Billion)
TABLE 4. Global AI and Machine Learning in Business Market estimates & forecasts by Enterprise Size 2022-2032 (USD Billion)
TABLE 5. Global AI and Machine Learning in Business Market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 6. Global AI and Machine Learning in Business Market estimates & forecasts by Industry Vertical 2022-2032 (USD Billion)
TABLE 7. Global AI and Machine Learning in Business Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global AI and Machine Learning in Business Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global AI and Machine Learning in Business Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global AI and Machine Learning in Business Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global AI and Machine Learning in Business Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global AI and Machine Learning in Business Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global AI and Machine Learning in Business Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global AI and Machine Learning in Business Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. AI and Machine Learning in Business Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. AI and Machine Learning in Business Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. U.S. AI and Machine Learning in Business Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Canada AI and Machine Learning in Business Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada AI and Machine Learning in Business Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Canada AI and Machine Learning in Business Market estimates & forecasts by segment 2022-2032 (USD Billion)
…..
This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable

LIST OF FIGURES

FIG 1. Global AI and Machine Learning in Business Market, research methodology
FIG 2. Global AI and Machine Learning in Business Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global AI and Machine Learning in Business Market, key trends 2023
FIG 5. Global AI and Machine Learning in Business Market, growth prospects 2022-2032
FIG 6. Global AI and Machine Learning in Business Market, porters 5 force model
FIG 7. Global AI and Machine Learning in Business Market, PESTEL analysis
FIG 8. Global AI and Machine Learning in Business Market, value chain analysis
FIG 9. Global AI and Machine Learning in Business Market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global AI and Machine Learning in Business Market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global AI and Machine Learning in Business Market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global AI and Machine Learning in Business Market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global AI and Machine Learning in Business Market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global AI and Machine Learning in Business Market, regional snapshot 2022 & 2032
FIG 15. North America AI and Machine Learning in Business Market 2022 & 2032 (USD Billion)
FIG 16. Europe AI and Machine Learning in Business Market 2022 & 2032 (USD Billion)
FIG 17. Asia Pacific AI and Machine Learning in Business Market 2022 & 2032 (USD Billion)
FIG 18. Latin America AI and Machine Learning in Business Market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa AI and Machine Learning in Business Market 2022 & 2032 (USD Billion)
FIG 20. Global AI and Machine Learning in Business Market, company market share analysis (2023)
…..
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable


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