The North America AI as a Service Market would witness market growth of 40.5% CAGR during the forecast period (2023-2030).
AI marketplaces have emerged as platforms where businesses can discover, purchase, and deploy AI models and services. Recent developments in AI marketplaces have focused on broadening their product lines to include a wide range of AI models and services from various providers. These developments have made it easier for businesses to access AI capabilities from different sources, enabling them to find the right AI solutions for their specific needs.
Given their awareness of the benefits and capabilities of AI-based infrastructure, a considerable number of government organizations, particularly in emerging economies, are actively advocating for its development. Increasing expenditures on artificial intelligence and innovation in workflow efficiency technologies are expected to propel the demand for sophisticated analytical systems. Furthermore, the increased adoption of cloud-based solutions and the growing need for cognitive computing are anticipated to contribute to the market's expansion.
As the IT and telecom sector expands, there is a growing need for advanced technologies to support the infrastructure and operations of these industries. AIaaS provides a flexible and scalable way for companies to access AI capabilities without significant upfront investments in infrastructure or talent. This accessibility drives increased adoption of AI technologies across the IT and telecom sectors. Thus, these factors present lucrative growth prospects for the growth of the AI as a service market.
The US market dominated the North America 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 $31,379.7 million by 2030. The Canada market is showcasing a CAGR of 43.6% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 42.4% during (2023 - 2030).
Free Valuable Insights: The AI as a Service Market is Predict to reach 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 U.S., Mexico, Canada, and Rest of North America.
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.
North America 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
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America AI as a Service Market, by Organization Size
1.4.2 North America AI as a Service Market, by Offering
1.4.3 North America AI as a Service Market, by Cloud Type
1.4.4 North America AI as a Service Market, by Technology
1.4.5 North America AI as a Service Market, by Vertical
1.4.6 North America AI as a Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jun – 2024, Jan) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. North America AI as a Service Market by Organization Size
5.1 North America Large Enterprises Market by Region
5.2 North America Small & Medium-Sized Enterprises Market by Region
Chapter 6. North America AI as a Service Market by Offering
6.1 North America Infrastructure as a Service Market by Country
6.2 North America Platform as a Service Market by Country
6.3 North America Software as a Service Market by Country
Chapter 7. North America AI as a Service Market by Cloud Type
7.1 North America Public Cloud Market by Country
7.2 North America Private Cloud Market by Country
7.3 North America Hybrid Cloud Market by Country
Chapter 8. North America AI as a Service Market by Technology
8.1 North America Machine Learning Market by Country
8.2 North America Natural Language Processing Market by Country
8.3 North America Context Awareness Market by Country
8.4 North America Computer Vision Market by Country
Chapter 9. North America AI as a Service Market by Vertical
9.1 North America BFSI Market by Country
9.2 North America IT & Telecom Market by Country
9.3 North America Retail & eCommerce Market by Country
9.4 North America Manufacturing Market by Country
9.5 North America Healthcare & Life Sciences Market by Country
9.6 North America Government & Defense Market by Country
9.7 North America Energy & Utilities Market by Country
9.8 North America Others Market by Country
Chapter 10. North America AI as a Service Market by Country
10.1 US AI as a Service Market
10.1.1 US AI as a Service Market by Organization Size
10.1.2 US AI as a Service Market by Offering
10.1.3 US AI as a Service Market by Cloud Type
10.1.4 US AI as a Service Market by Technology
10.1.5 US AI as a Service Market by Vertical
10.2 Canada AI as a Service Market
10.2.1 Canada AI as a Service Market by Organization Size
10.2.2 Canada AI as a Service Market by Offering
10.2.3 Canada AI as a Service Market by Cloud Type
10.2.4 Canada AI as a Service Market by Technology
10.2.5 Canada AI as a Service Market by Vertical
10.3 Mexico AI as a Service Market
10.3.1 Mexico AI as a Service Market by Organization Size
10.3.2 Mexico AI as a Service Market by Offering
10.3.3 Mexico AI as a Service Market by Cloud Type
10.3.4 Mexico AI as a Service Market by Technology
10.3.5 Mexico AI as a Service Market by Vertical
10.4 Rest of North America AI as a Service Market
10.4.1 Rest of North America AI as a Service Market by Organization Size
10.4.2 Rest of North America AI as a Service Market by Offering
10.4.3 Rest of North America AI as a Service Market by Cloud Type
10.4.4 Rest of North America AI as a Service Market by Technology
10.4.5 Rest of North America AI as a Service Market by Vertical
Chapter 11. Company Profiles
11.1 IBM Corporation
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Regional & Segmental Analysis
11.1.4 Research & Development Expenses
11.1.5 Recent strategies and developments:
11.1.5.1 Partnerships, Collaborations, and Agreements:
11.1.5.2 Product Launches and Product Expansions:
11.1.5.3 Acquisition and Mergers:
11.1.6 SWOT Analysis
11.2 Microsoft Corporation
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expenses
11.2.5 Recent strategies and developments:
11.2.5.1 Partnerships, Collaborations, and Agreements:
11.2.5.2 Acquisition and Mergers:
11.2.5.3 Product Launches and Product Expansions:
11.2.6 SWOT Analysis
11.3 Amazon Web Services, Inc. (Amazon.com, Inc.)
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental Analysis
11.3.4 Recent strategies and developments:
11.3.4.1 Partnerships, Collaborations, and Agreements:
11.3.4.2 Product Launches and Product Expansions:
11.3.5 SWOT Analysis
11.4 Oracle Corporation
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expense
11.4.5 Recent strategies and developments:
11.4.5.1 Partnerships, Collaborations, and Agreements:
11.4.5.2 Product Launches and Product Expansions:
11.4.5.3 Acquisition and Mergers:
11.4.6 SWOT Analysis
11.5 Google LLC (Alphabet Inc.)
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental and Regional Analysis
11.5.4 Research & Development Expense
11.5.5 Recent strategies and developments:
11.5.5.1 Partnerships, Collaborations, and Agreements:
11.5.5.2 Product Launches and Product Expansions:
11.5.6 SWOT Analysis
11.6 Fair Isaac Corporation (FICO)
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental and Regional Analysis
11.6.4 Research & Development Expenses
11.6.5 Recent strategies and developments:
11.6.5.1 Partnerships, Collaborations, and Agreements:
11.6.6 SWOT Analysis
11.7 Baidu, Inc.
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Segmental Analysis
11.7.4 Research & Development Expenses
11.7.5 Recent strategies and developments:
11.7.5.1 Partnerships, Collaborations, and Agreements:
11.7.5.2 Product Launches and Product Expansions:
11.7.6 SWOT Analysis
11.8 SAS Institute, Inc.
11.8.1 Company Overview
11.8.2 Recent strategies and developments:
11.8.2.1 Partnerships, Collaborations, and Agreements:
11.8.2.2 Acquisition and Mergers:
11.8.2.3 Product Launches and Product Expansions:
11.8.3 SWOT Analysis
11.9 SAP SE
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Segmental and Regional Analysis
11.9.4 Research & Development Expense
11.9.5 SWOT Analysis
11.10. Salesforce, Inc.
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Regional Analysis
11.10.4 Research & Development Expense
11.10.5 Recent strategies and developments:
11.10.5.1 Partnerships, Collaborations, and Agreements:
11.10.6 SWOT Analysis
TABLE 1 North America AI as a Service Market, 2019 - 2022, USD Million
TABLE 2 North America 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 North America AI as a Service Market by Organization Size, 2019 - 2022, USD Million
TABLE 7 North America AI as a Service Market by Organization Size, 2023 - 2030, USD Million
TABLE 8 North America Large Enterprises Market by Region, 2019 - 2022, USD Million
TABLE 9 North America Large Enterprises Market by Region, 2023 - 2030, USD Million
TABLE 10 North America Small & Medium-Sized Enterprises Market by Region, 2019 - 2022, USD Million
TABLE 11 North America Small & Medium-Sized Enterprises Market by Region, 2023 - 2030, USD Million
TABLE 12 North America AI as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 13 North America AI as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 14 North America Infrastructure as a Service Market by Country, 2019 - 2022, USD Million
TABLE 15 North America Infrastructure as a Service Market by Country, 2023 - 2030, USD Million
TABLE 16 North America Platform as a Service Market by Country, 2019 - 2022, USD Million
TABLE 17 North America Platform as a Service Market by Country, 2023 - 2030, USD Million
TABLE 18 North America Software as a Service Market by Country, 2019 - 2022, USD Million
TABLE 19 North America Software as a Service Market by Country, 2023 - 2030, USD Million
TABLE 20 North America AI as a Service Market by Cloud Type, 2019 - 2022, USD Million
TABLE 21 North America AI as a Service Market by Cloud Type, 2023 - 2030, USD Million
TABLE 22 North America Public Cloud Market by Country, 2019 - 2022, USD Million
TABLE 23 North America Public Cloud Market by Country, 2023 - 2030, USD Million
TABLE 24 North America Private Cloud Market by Country, 2019 - 2022, USD Million
TABLE 25 North America Private Cloud Market by Country, 2023 - 2030, USD Million
TABLE 26 North America Hybrid Cloud Market by Country, 2019 - 2022, USD Million
TABLE 27 North America Hybrid Cloud Market by Country, 2023 - 2030, USD Million
TABLE 28 North America AI as a Service Market by Technology, 2019 - 2022, USD Million
TABLE 29 North America AI as a Service Market by Technology, 2023 - 2030, USD Million
TABLE 30 North America Machine Learning Market by Country, 2019 - 2022, USD Million
TABLE 31 North America Machine Learning Market by Country, 2023 - 2030, USD Million
TABLE 32 North America Natural Language Processing Market by Country, 2019 - 2022, USD Million
TABLE 33 North America Natural Language Processing Market by Country, 2023 - 2030, USD Million
TABLE 34 North America Context Awareness Market by Country, 2019 - 2022, USD Million
TABLE 35 North America Context Awareness Market by Country, 2023 - 2030, USD Million
TABLE 36 North America Computer Vision Market by Country, 2019 - 2022, USD Million
TABLE 37 North America Computer Vision Market by Country, 2023 - 2030, USD Million
TABLE 38 North America AI as a Service Market by Vertical, 2019 - 2022, USD Million
TABLE 39 North America AI as a Service Market by Vertical, 2023 - 2030, USD Million
TABLE 40 North America BFSI Market by Country, 2019 - 2022, USD Million
TABLE 41 North America BFSI Market by Country, 2023 - 2030, USD Million
TABLE 42 North America IT & Telecom Market by Country, 2019 - 2022, USD Million
TABLE 43 North America IT & Telecom Market by Country, 2023 - 2030, USD Million
TABLE 44 North America Retail & eCommerce Market by Country, 2019 - 2022, USD Million
TABLE 45 North America Retail & eCommerce Market by Country, 2023 - 2030, USD Million
TABLE 46 North America Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 47 North America Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 48 North America Healthcare & Life Sciences Market by Country, 2019 - 2022, USD Million
TABLE 49 North America Healthcare & Life Sciences Market by Country, 2023 - 2030, USD Million
TABLE 50 North America Government & Defense Market by Country, 2019 - 2022, USD Million
TABLE 51 North America Government & Defense Market by Country, 2023 - 2030, USD Million
TABLE 52 North America Energy & Utilities Market by Country, 2019 - 2022, USD Million
TABLE 53 North America Energy & Utilities Market by Country, 2023 - 2030, USD Million
TABLE 54 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 55 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 56 North America AI as a Service Market by Country, 2019 - 2022, USD Million
TABLE 57 North America AI as a Service Market by Country, 2023 - 2030, USD Million
TABLE 58 US AI as a Service Market, 2019 - 2022, USD Million
TABLE 59 US AI as a Service Market, 2023 - 2030, USD Million
TABLE 60 US AI as a Service Market by Organization Size, 2019 - 2022, USD Million
TABLE 61 US AI as a Service Market by Organization Size, 2023 - 2030, USD Million
TABLE 62 US AI as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 63 US AI as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 64 US AI as a Service Market by Cloud Type, 2019 - 2022, USD Million
TABLE 65 US AI as a Service Market by Cloud Type, 2023 - 2030, USD Million
TABLE 66 US AI as a Service Market by Technology, 2019 - 2022, USD Million
TABLE 67 US AI as a Service Market by Technology, 2023 - 2030, USD Million
TABLE 68 US AI as a Service Market by Vertical, 2019 - 2022, USD Million
TABLE 69 US AI as a Service Market by Vertical, 2023 - 2030, USD Million
TABLE 70 Canada AI as a Service Market, 2019 - 2022, USD Million
TABLE 71 Canada AI as a Service Market, 2023 - 2030, USD Million
TABLE 72 Canada AI as a Service Market by Organization Size, 2019 - 2022, USD Million
TABLE 73 Canada AI as a Service Market by Organization Size, 2023 - 2030, USD Million
TABLE 74 Canada AI as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 75 Canada AI as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 76 Canada AI as a Service Market by Cloud Type, 2019 - 2022, USD Million
TABLE 77 Canada AI as a Service Market by Cloud Type, 2023 - 2030, USD Million
TABLE 78 Canada AI as a Service Market by Technology, 2019 - 2022, USD Million
TABLE 79 Canada AI as a Service Market by Technology, 2023 - 2030, USD Million
TABLE 80 Canada AI as a Service Market by Vertical, 2019 - 2022, USD Million
TABLE 81 Canada AI as a Service Market by Vertical, 2023 - 2030, USD Million
TABLE 82 Mexico AI as a Service Market, 2019 - 2022, USD Million
TABLE 83 Mexico AI as a Service Market, 2023 - 2030, USD Million
TABLE 84 Mexico AI as a Service Market by Organization Size, 2019 - 2022, USD Million
TABLE 85 Mexico AI as a Service Market by Organization Size, 2023 - 2030, USD Million
TABLE 86 Mexico AI as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 87 Mexico AI as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 88 Mexico AI as a Service Market by Cloud Type, 2019 - 2022, USD Million
TABLE 89 Mexico AI as a Service Market by Cloud Type, 2023 - 2030, USD Million
TABLE 90 Mexico AI as a Service Market by Technology, 2019 - 2022, USD Million
TABLE 91 Mexico AI as a Service Market by Technology, 2023 - 2030, USD Million
TABLE 92 Mexico AI as a Service Market by Vertical, 2019 - 2022, USD Million
TABLE 93 Mexico AI as a Service Market by Vertical, 2023 - 2030, USD Million
TABLE 94 Rest of North America AI as a Service Market, 2019 - 2022, USD Million
TABLE 95 Rest of North America AI as a Service Market, 2023 - 2030, USD Million
TABLE 96 Rest of North America AI as a Service Market by Organization Size, 2019 - 2022, USD Million
TABLE 97 Rest of North America AI as a Service Market by Organization Size, 2023 - 2030, USD Million
TABLE 98 Rest of North America AI as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 99 Rest of North America AI as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 100 Rest of North America AI as a Service Market by Cloud Type, 2019 - 2022, USD Million
TABLE 101 Rest of North America AI as a Service Market by Cloud Type, 2023 - 2030, USD Million
TABLE 102 Rest of North America AI as a Service Market by Technology, 2019 - 2022, USD Million
TABLE 103 Rest of North America AI as a Service Market by Technology, 2023 - 2030, USD Million
TABLE 104 Rest of North America AI as a Service Market by Vertical, 2019 - 2022, USD Million
TABLE 105 Rest of North America AI as a Service Market by Vertical, 2023 - 2030, USD Million
TABLE 106 Key Information – IBM Corporation
TABLE 107 Key Information – Microsoft Corporation
TABLE 108 Key Information – Amazon Web Services, Inc.
TABLE 109 Key Information – Oracle Corporation
TABLE 110 Key Information – Google LLC
TABLE 111 Key Information – Fair Isaac Corporation
TABLE 112 Key Information – Baidu, Inc.
TABLE 113 Key Information – SAS Institute, Inc.
TABLE 114 Key Information – SAP SE
TABLE 115 Key Information – Salesforce, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America AI as a Service Market share by Organization Size, 2022
FIG 10 North America AI as a Service Market share by Organization Size, 2030
FIG 11 North America AI as a Service Market by Organization Size, 2019 - 2030, USD Million
FIG 12 North America AI as a Service Market share by Offering, 2022
FIG 13 North America AI as a Service Market share by Offering, 2030
FIG 14 North America AI as a Service Market by Offering, 2019 - 2030, USD Million
FIG 15 North America AI as a Service Market share by Cloud Type, 2022
FIG 16 North America AI as a Service Market share by Cloud Type, 2030
FIG 17 North America AI as a Service Market by Cloud Type, 2019 - 2030, USD Million
FIG 18 North America AI as a Service Market share by Technology, 2022
FIG 19 North America AI as a Service Market share by Technology, 2030
FIG 20 North America AI as a Service Market by Technology, 2019 - 2030, USD Million
FIG 21 North America AI as a Service Market share by Vertical, 2022
FIG 22 North America AI as a Service Market share by Vertical, 2030
FIG 23 North America AI as a Service Market by Vertical, 2019 - 2030, USD Million
FIG 24 North America AI as a Service Market share by Country, 2022
FIG 25 North America AI as a Service Market share by Country, 2030
FIG 26 North America 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.