Global Artificial Intelligence/Machine Learning Platforms Growth Opportunities
Demand for Disruptive Technologies and Intense Competition Create Future Growth Potential
03-Jun-2021
Global
Market Research
PBA6-01-00-00-00
IT04336-GL-MT_25480
Companies across all industry verticals recognize the importance of customer satisfaction (hence, retention) and demand generation (be it new sales, upsells or cross-sells) for business growth.
Feeding data into AI/ML platforms, then making sense of such data and creating models that explain or predict customer satisfaction or demand is at the core of AI/ML platforms. Insights from AI/ML platforms not only explain what happened (as in looking at the rear-view mirror), but can also predict future outcomes based on different scenarios and suggest or even trigger actions autonomously.
Additionally, combinations of AI/ML platforms with applications like chatbots, cybersecurity or automation can control or reduce costs of scaling operations. These tools usually have shorter returns on investment and their business cases are easier to defend. But the real power of AI/ML platforms resides in the potential to generate additional or new revenue streams.
From being something reserved for large corporations with vast financial resources, AI/ML is starting to become accessible to even small businesses without a dedicated team of data scientists. Insights-driven organizations are rapidly getting ahead of the competition. In the medium term, AI/ML adoption is forecast to be essential for business survival.
Research Highlights
This study highlights the market trends, drivers, challenges, and restraints for AI/ML platforms software vendors. The specific AI/ML software categories are mainly recognition, comprehension, and prediction. The report presents market sizing based on the year 2020 and revenue forecasts for 2021–2025. It also explores growth opportunities in the AI/ML platforms market and identifies potential business models.
Author: Ignacio Perrone
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the Artificial Intelligence/Machine Learning Platforms Market
Growth Opportunities Fuel the Growth Pipeline Engine™
AI/ML Market Overview
AI/ML Market Overview (continued)
AI/ML Market Overview (continued)
AI/ML Market Overview (continued)
AI/ML Market Scope of Analysis
AI/ML Market Scope of Analysis (continued)
Key Growth Metrics for AI/ML Market
Growth Drivers for AI/ML Market
Growth Restraints for AI/ML Market
Forecast Assumptions—AI/ML Market
Revenue Forecast—AI/ML Market
Revenue Forecast Analysis—AI/ML Market
Where is the AI/ML Platforms Market Going?
Top 5 Predictions in the AI/ML Platforms Market
Top 5 Predictions in the AI/ML Platforms Market (continued)
Top 5 Predictions in the AI/ML Platforms Market (continued)
Top 5 Predictions in the AI/ML Platforms Market (continued)
Top 5 Predictions in the AI/ML Platforms Market (continued)
Why AI/ML Platforms are Key
Why AI/ML Platforms are Key (continued)
AI/ML Platforms Market Segmentation
AI/ML Platforms—Recognition
AI/ML Platforms—Comprehension
AI/ML Platforms—Prediction
Company Profiles—Amazon Web Services (AWS)
Company Profiles—Cloudera
Company Profiles—Google
Company Profiles—IBM
Company Profiles—Microsoft
The Way Forward—Critical Growth Factors
Starting on the AI/ML Platform Journey
Beginning the Journey
Measuring Success
Companies to Watch—Alteryx
Companies to Watch—Databricks
Companies to Watch—DataRobot
Companies to Watch—RStudio
Growth Opportunity 1: AI/ML for Customer Experience and Contact Centers
Growth Opportunity 1: AI/ML for Customer Experience and Contact Centers (continued)
Growth Opportunity 2: AI/ML for Human Resources, Sales, and Marketing
Growth Opportunity 2: AI/ML for Human Resources, Sales, and Marketing (continued)
Growth Opportunity 3: AI/ML for Manufacturing
Growth Opportunity 3: AI/ML for Manufacturing (continued)
Growth Opportunity 4: AI/ML for Smart Cities
Growth Opportunity 4: AI/ML for Smart Cities (continued)
List of Exhibits
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