The Europe AI as a Service Market would witness market growth of 41.0% CAGR during the forecast period (2023-2030).
Machine learning frameworks, cognitive computing APIs, chatbots, and digital support are frequently utilized in AI as a service. Digital support tools such as chatbots replicate the language patterns of human users when responding, utilizing natural language processing (NLP) algorithms to learn from their interactions with users. Thus, customer service personnel are able to allocate their efforts toward more demanding tasks.
The usage of AI as a service spans a wide range of applications across numerous industries. In healthcare, AIaaS is used for medical imaging analysis, drug discovery, patient care optimization, and predictive analytics. In finance, AIaaS is applied in fraud detection, risk assessment, algorithmic trading, and customer service automation. In retail, AIaaS powers personalized recommendations, inventory management, demand forecasting, and supply chain optimization. These examples illustrate the versatility of AI as a service in addressing diverse business challenges and driving innovation in various sectors.
The AI as a service market has witnessed significant developments and innovations in recent years, driven by advancements in AI technologies and the evolving needs of businesses. The combination of AIaaS and edge computing is a noteworthy advancement that allows for the execution of AI inference in closer proximity to the data source, resulting in decreased latency and enhanced efficiency. In addition, AIaaS providers are developing frameworks and tools to address concerns regarding the ethical, fair, and transparent application of AI, as well as the growing emphasis on responsible AI. Furthermore, there is a growing trend among AIaaS platforms to provide industry-specific solutions specifically designed to address the distinct requirements of discrete sectors, including retail, healthcare, finance, and manufacturing.
Germany is another key player in the European eCommerce industry. The country has a strong economy and a large population of online shoppers. Germany's retail and eCommerce sector has been expanding rapidly, focusing on improving digital infrastructure, logistics, and customer experiences. As the retail and eCommerce sectors in France and Germany become more competitive, businesses are turning to AIaaS to gain a competitive advantage. AI-powered tools can help retailers gain insights into consumer behavior, identify market trends, and make data-driven decisions to stay ahead of the competition. Hence, all of these factors will aid in the expansion of the market in the coming years.
The Germany market dominated the Europe AI as a Service Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,434.9 million by 2030. The UK market is registering a CAGR of 39.8% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 42.1% during (2023 - 2030).
Free Valuable Insights: The Global AI as a Service Market will Hit USD 116.7 Billion by 2030, at a CAGR of 41.4%
Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-Sized Enterprises. Based on Offering, the market is segmented into Infrastructure as a Service, Platform as a Service and Software as a Service. Based on Cloud Type, the market is segmented into Public Cloud, Private Cloud and Hybrid Cloud. Based on Technology, the market is segmented into Machine Learning, Natural Language Processing, Context Awareness, and Computer Vision. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Retail & eCommerce, Manufacturing, Healthcare & Life Sciences, Government & Defense, Energy & Utilities and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- IBM Corporation
- Microsoft Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Oracle Corporation
- Google LLC (Alphabet Inc.)
- Fair Isaac Corporation (FICO)
- Baidu, Inc.
- SAS Institute, Inc.
- SAP SE
- Salesforce, Inc.
Europe AI as a Service Market Report Segmentation
By Organization Size
- Large Enterprises
- Small & Medium-Sized Enterprises
By Offering
- Infrastructure as a Service
- Platform as a Service
- Software as a Service
By Cloud Type
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Technology
- Machine Learning
- Natural Language Processing
- Context Awareness
- Computer Vision
By Vertical
- BFSI
- IT & Telecom
- Retail & eCommerce
- Manufacturing
- Healthcare & Life Sciences
- Government & Defense
- Energy & Utilities
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
TABLE 1 Europe AI as a Service Market, 2019 - 2022, USD Million
TABLE 2 Europe AI as a Service Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– AI as a Service Market
TABLE 4 Product Launches And Product Expansions– AI as a Service Market
TABLE 5 Acquisition and Mergers– AI as a Service Market
TABLE 6 Europe AI as a Service Market by Organization Size, 2019 - 2022, USD Million
TABLE 7 Europe AI as a Service Market by Organization Size, 2023 - 2030, USD Million
TABLE 8 Europe Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 9 Europe Large Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 10 Europe Small & Medium-Sized Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 11 Europe Small & Medium-Sized Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 12 Europe AI as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 13 Europe AI as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 14 Europe Infrastructure as a Service Market by Country, 2019 - 2022, USD Million
TABLE 15 Europe Infrastructure as a Service Market by Country, 2023 - 2030, USD Million
TABLE 16 Europe Platform as a Service Market by Country, 2019 - 2022, USD Million
TABLE 17 Europe Platform as a Service Market by Country, 2023 - 2030, USD Million
TABLE 18 Europe Software as a Service Market by Country, 2019 - 2022, USD Million
TABLE 19 Europe Software as a Service Market by Country, 2023 - 2030, USD Million
TABLE 20 Europe AI as a Service Market by Cloud Type, 2019 - 2022, USD Million
TABLE 21 Europe AI as a Service Market by Cloud Type, 2023 - 2030, USD Million
TABLE 22 Europe Public Cloud Market by Country, 2019 - 2022, USD Million
TABLE 23 Europe Public Cloud Market by Country, 2023 - 2030, USD Million
TABLE 24 Europe Private Cloud Market by Country, 2019 - 2022, USD Million
TABLE 25 Europe Private Cloud Market by Country, 2023 - 2030, USD Million
TABLE 26 Europe Hybrid Cloud Market by Country, 2019 - 2022, USD Million
TABLE 27 Europe Hybrid Cloud Market by Country, 2023 - 2030, USD Million
TABLE 28 Europe AI as a Service Market by Technology, 2019 - 2022, USD Million
TABLE 29 Europe AI as a Service Market by Technology, 2023 - 2030, USD Million
TABLE 30 Europe Machine Learning Market by Country, 2019 - 2022, USD Million
TABLE 31 Europe Machine Learning Market by Country, 2023 - 2030, USD Million
TABLE 32 Europe Natural Language Processing Market by Country, 2019 - 2022, USD Million
TABLE 33 Europe Natural Language Processing Market by Country, 2023 - 2030, USD Million
TABLE 34 Europe Context Awareness Market by Country, 2019 - 2022, USD Million
TABLE 35 Europe Context Awareness Market by Country, 2023 - 2030, USD Million
TABLE 36 Europe Computer Vision Market by Country, 2019 - 2022, USD Million
TABLE 37 Europe Computer Vision Market by Country, 2023 - 2030, USD Million
TABLE 38 Europe AI as a Service Market by Vertical, 2019 - 2022, USD Million
TABLE 39 Europe AI as a Service Market by Vertical, 2023 - 2030, USD Million
TABLE 40 Europe BFSI Market by Country, 2019 - 2022, USD Million
TABLE 41 Europe BFSI Market by Country, 2023 - 2030, USD Million
TABLE 42 Europe IT & Telecom Market by Country, 2019 - 2022, USD Million
TABLE 43 Europe IT & Telecom Market by Country, 2023 - 2030, USD Million
TABLE 44 Europe Retail & eCommerce Market by Country, 2019 - 2022, USD Million
TABLE 45 Europe Retail & eCommerce Market by Country, 2023 - 2030, USD Million
TABLE 46 Europe Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 47 Europe Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 48 Europe Healthcare & Life Sciences Market by Country, 2019 - 2022, USD Million
TABLE 49 Europe Healthcare & Life Sciences Market by Country, 2023 - 2030, USD Million
TABLE 50 Europe Government & Defense Market by Country, 2019 - 2022, USD Million
TABLE 51 Europe Government & Defense Market by Country, 2023 - 2030, USD Million
TABLE 52 Europe Energy & Utilities Market by Country, 2019 - 2022, USD Million
TABLE 53 Europe Energy & Utilities Market by Country, 2023 - 2030, USD Million
TABLE 54 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 55 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 56 Europe AI as a Service Market by Country, 2019 - 2022, USD Million
TABLE 57 Europe AI as a Service Market by Country, 2023 - 2030, USD Million
TABLE 58 Germany AI as a Service Market, 2019 - 2022, USD Million
TABLE 59 Germany AI as a Service Market, 2023 - 2030, USD Million
TABLE 60 Germany AI as a Service Market by Organization Size, 2019 - 2022, USD Million
TABLE 61 Germany AI as a Service Market by Organization Size, 2023 - 2030, USD Million
TABLE 62 Germany AI as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 63 Germany AI as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 64 Germany AI as a Service Market by Cloud Type, 2019 - 2022, USD Million
TABLE 65 Germany AI as a Service Market by Cloud Type, 2023 - 2030, USD Million
TABLE 66 Germany AI as a Service Market by Technology, 2019 - 2022, USD Million
TABLE 67 Germany AI as a Service Market by Technology, 2023 - 2030, USD Million
TABLE 68 Germany AI as a Service Market by Vertical, 2019 - 2022, USD Million
TABLE 69 Germany AI as a Service Market by Vertical, 2023 - 2030, USD Million
TABLE 70 UK AI as a Service Market, 2019 - 2022, USD Million
TABLE 71 UK AI as a Service Market, 2023 - 2030, USD Million
TABLE 72 UK AI as a Service Market by Organization Size, 2019 - 2022, USD Million
TABLE 73 UK AI as a Service Market by Organization Size, 2023 - 2030, USD Million
TABLE 74 UK AI as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 75 UK AI as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 76 UK AI as a Service Market by Cloud Type, 2019 - 2022, USD Million
TABLE 77 UK AI as a Service Market by Cloud Type, 2023 - 2030, USD Million
TABLE 78 UK AI as a Service Market by Technology, 2019 - 2022, USD Million
TABLE 79 UK AI as a Service Market by Technology, 2023 - 2030, USD Million
TABLE 80 UK AI as a Service Market by Vertical, 2019 - 2022, USD Million
TABLE 81 UK AI as a Service Market by Vertical, 2023 - 2030, USD Million
TABLE 82 France AI as a Service Market, 2019 - 2022, USD Million
TABLE 83 France AI as a Service Market, 2023 - 2030, USD Million
TABLE 84 France AI as a Service Market by Organization Size, 2019 - 2022, USD Million
TABLE 85 France AI as a Service Market by Organization Size, 2023 - 2030, USD Million
TABLE 86 France AI as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 87 France AI as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 88 France AI as a Service Market by Cloud Type, 2019 - 2022, USD Million
TABLE 89 France AI as a Service Market by Cloud Type, 2023 - 2030, USD Million
TABLE 90 France AI as a Service Market by Technology, 2019 - 2022, USD Million
TABLE 91 France AI as a Service Market by Technology, 2023 - 2030, USD Million
TABLE 92 France AI as a Service Market by Vertical, 2019 - 2022, USD Million
TABLE 93 France AI as a Service Market by Vertical, 2023 - 2030, USD Million
TABLE 94 Russia AI as a Service Market, 2019 - 2022, USD Million
TABLE 95 Russia AI as a Service Market, 2023 - 2030, USD Million
TABLE 96 Russia AI as a Service Market by Organization Size, 2019 - 2022, USD Million
TABLE 97 Russia AI as a Service Market by Organization Size, 2023 - 2030, USD Million
TABLE 98 Russia AI as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 99 Russia AI as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 100 Russia AI as a Service Market by Cloud Type, 2019 - 2022, USD Million
TABLE 101 Russia AI as a Service Market by Cloud Type, 2023 - 2030, USD Million
TABLE 102 Russia AI as a Service Market by Technology, 2019 - 2022, USD Million
TABLE 103 Russia AI as a Service Market by Technology, 2023 - 2030, USD Million
TABLE 104 Russia AI as a Service Market by Vertical, 2019 - 2022, USD Million
TABLE 105 Russia AI as a Service Market by Vertical, 2023 - 2030, USD Million
TABLE 106 Spain AI as a Service Market, 2019 - 2022, USD Million
TABLE 107 Spain AI as a Service Market, 2023 - 2030, USD Million
TABLE 108 Spain AI as a Service Market by Organization Size, 2019 - 2022, USD Million
TABLE 109 Spain AI as a Service Market by Organization Size, 2023 - 2030, USD Million
TABLE 110 Spain AI as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 111 Spain AI as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 112 Spain AI as a Service Market by Cloud Type, 2019 - 2022, USD Million
TABLE 113 Spain AI as a Service Market by Cloud Type, 2023 - 2030, USD Million
TABLE 114 Spain AI as a Service Market by Technology, 2019 - 2022, USD Million
TABLE 115 Spain AI as a Service Market by Technology, 2023 - 2030, USD Million
TABLE 116 Spain AI as a Service Market by Vertical, 2019 - 2022, USD Million
TABLE 117 Spain AI as a Service Market by Vertical, 2023 - 2030, USD Million
TABLE 118 Italy AI as a Service Market, 2019 - 2022, USD Million
TABLE 119 Italy AI as a Service Market, 2023 - 2030, USD Million
TABLE 120 Italy AI as a Service Market by Organization Size, 2019 - 2022, USD Million
TABLE 121 Italy AI as a Service Market by Organization Size, 2023 - 2030, USD Million
TABLE 122 Italy AI as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 123 Italy AI as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 124 Italy AI as a Service Market by Cloud Type, 2019 - 2022, USD Million
TABLE 125 Italy AI as a Service Market by Cloud Type, 2023 - 2030, USD Million
TABLE 126 Italy AI as a Service Market by Technology, 2019 - 2022, USD Million
TABLE 127 Italy AI as a Service Market by Technology, 2023 - 2030, USD Million
TABLE 128 Italy AI as a Service Market by Vertical, 2019 - 2022, USD Million
TABLE 129 Italy AI as a Service Market by Vertical, 2023 - 2030, USD Million
TABLE 130 Rest of Europe AI as a Service Market, 2019 - 2022, USD Million
TABLE 131 Rest of Europe AI as a Service Market, 2023 - 2030, USD Million
TABLE 132 Rest of Europe AI as a Service Market by Organization Size, 2019 - 2022, USD Million
TABLE 133 Rest of Europe AI as a Service Market by Organization Size, 2023 - 2030, USD Million
TABLE 134 Rest of Europe AI as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 135 Rest of Europe AI as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 136 Rest of Europe AI as a Service Market by Cloud Type, 2019 - 2022, USD Million
TABLE 137 Rest of Europe AI as a Service Market by Cloud Type, 2023 - 2030, USD Million
TABLE 138 Rest of Europe AI as a Service Market by Technology, 2019 - 2022, USD Million
TABLE 139 Rest of Europe AI as a Service Market by Technology, 2023 - 2030, USD Million
TABLE 140 Rest of Europe AI as a Service Market by Vertical, 2019 - 2022, USD Million
TABLE 141 Rest of Europe AI as a Service Market by Vertical, 2023 - 2030, USD Million
TABLE 142 Key Information – IBM Corporation
TABLE 143 Key Information – Microsoft Corporation
TABLE 144 Key Information – Amazon Web Services, Inc.
TABLE 145 Key Information – Oracle Corporation
TABLE 146 Key Information – Google LLC
TABLE 147 Key Information – Fair Isaac Corporation
TABLE 148 Key Information – Baidu, Inc.
TABLE 149 Key Information – SAS Institute, Inc.
TABLE 150 Key Information – SAP SE
TABLE 151 Key Information – Salesforce, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe AI as a Service Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting AI as a Service Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jun – 2024, Jan) Leading Players
FIG 8 Porter’s Five Forces Analysis – AI as a Service Market
FIG 9 Europe AI as a Service Market share by Organization Size, 2022
FIG 10 Europe AI as a Service Market share by Organization Size, 2030
FIG 11 Europe AI as a Service Market by Organization Size, 2019 - 2030, USD Million
FIG 12 Europe AI as a Service Market share by Offering, 2022
FIG 13 Europe AI as a Service Market share by Offering, 2030
FIG 14 Europe AI as a Service Market by Offering, 2019 - 2030, USD Million
FIG 15 Europe AI as a Service Market share by Cloud Type, 2022
FIG 16 Europe AI as a Service Market share by Cloud Type, 2030
FIG 17 Europe AI as a Service Market by Cloud Type, 2019 - 2030, USD Million
FIG 18 Europe AI as a Service Market share by Technology, 2022
FIG 19 Europe AI as a Service Market share by Technology, 2030
FIG 20 Europe AI as a Service Market by Technology, 2019 - 2030, USD Million
FIG 21 Europe AI as a Service Market share by Vertical, 2022
FIG 22 Europe AI as a Service Market share by Vertical, 2030
FIG 23 Europe AI as a Service Market by Vertical, 2019 - 2030, USD Million
FIG 24 Europe AI as a Service Market share by Country, 2022
FIG 25 Europe AI as a Service Market share by Country, 2030
FIG 26 Europe AI as a Service Market by Country, 2019 - 2030, USD Million
FIG 27 Recent strategies and developments: IBM Corporation
FIG 28 SWOT Analysis: IBM Corporation
FIG 29 Recent strategies and developments: Microsoft Corporation
FIG 30 SWOT Analysis: Microsoft Corporation
FIG 31 Recent strategies and developments: Amazon Web Services, Inc.
FIG 32 SWOT Analysis: Amazon Web Services, Inc.
FIG 33 Recent strategies and developments: Oracle Corporation
FIG 34 SWOT Analysis: Oracle Corporation
FIG 35 Recent strategies and developments: Google LLC
FIG 36 SWOT Analysis: Google LLC
FIG 37 SWOT Analysis: Fair Isaac Corporation (FICO)
FIG 38 Recent strategies and developments: Baidu, Inc.
FIG 39 SWOT Analysis: Baidu, Inc.
FIG 40 Recent strategies and developments: SAS Institute, Inc.
FIG 41 SWOT Analysis: SAS INSTITUTE, INC.
FIG 42 SWOT Analysis: SAP SE
FIG 43 SWOT Analysis: Salesforce, Inc.