Dublin, August 21, 2025 (Globe Newswire) – “Artificial Intelligence (AI) Platform Market – Technology, Deployment Types, Company Types, Industrial Sectors” added ResearchAndMarkets.com Provided.
The global AI platform market, valued at US$11.3 billion in 2024, is expected to surge to US$56.3 billion by 2030, driven by an impressive CAGR of 30.8%. Companies are increasingly demanding automation, efficiency and cost-effectiveness, driving this growth.
With over 80% of companies consolidating their AI strategies, platforms that analyse a wide range of data from IoT devices, social media and other digital streets are in high demand. Enhanced capabilities of machine learning (ML) and deep learning have significantly improved platform intelligence, as demonstrated by companies like Google with neural networks for route optimization.
Major cloud providers like Microsoft Azure, AWS Bedrock and Google Vertex AI are breaking barriers by providing scalable, ready-to-use AI solutions, enabling small businesses to adopt AI without any major upfront costs. The provision of AI-As-A-Service (AIAAS) has emerged as a go-to strategy for businesses looking to inject AI capabilities, as AWS, Microsoft and Google are pioneering this domain.
AI Platform Regional Market Analysis
North America is projected to hold its largest market share in 2024, accounting for around 36.2% of revenue. The region benefits from hosting AI leaders such as Microsoft Azure, AWS, and Google Cloud along with AI talent and a driving regulatory environment. Federal AI initiatives and substantial venture capital are driving growth.
Conversely, the Asia-Pacific region has achieved the fastest growth from 2024 to 2030 with a CAGR of 34.6%. Government support frameworks such as China's AI Development Plan and India's #aiforall promote the adoption of AI across the region. High digital penetration in markets such as China and India, rapid cloud acquisition and a vibrant startup scene have reinforced this trend. The growing adoption of affordable AIAAS solutions and SMEs is an additional growth driver.
AI Platform Market Analysis by Technology
ML, which leads a 41.2% share in 2024, remains the most important technology in the global AI platform market. The utility covers financial, healthcare, retail and manufacturing. With support from Tensorflow and Pytorch, ML's proficiency in managing diverse data types remains a key role in automation and predictive analytics, and also supports domains such as computer vision and natural language processing (NLP).
NLP forecasts an impressive CAGR of 33.8% between 2024-2030, driven by conversational AI and real-time language processing needs. New capabilities in text generation and understanding multilinguals are further amplified by advances in transformer-based models. Cloud APIs and low-code aids extend the accessibility of NLP. New use cases across legal, healthcare and education will strengthen NLP as a key technology in the evolution of the AI market.
AI Platform Market Analysis by Deployment Type
Cloud deployment is expected to dominate with a 63% share in 2024, showing the fastest growth through 2030 with a CAGR of 33%. Cloud resilience provides large-scale computational access without major initial spending. Aiaas on AWS, Azure, and Google Cloud reduce entry barriers with pre-built models and APIs and democratize access to sophisticated AI tools.
Cloud adoption avoids significant capital projects, promotes centralized storage, real-time information accessibility, and enhances collaboration among global teams. Cloud solutions enable rapid prototype development, reducing market input times and supporting IoT advances. With approximately 70% of businesses using public cloud amenities, sectors such as healthcare, finance and retail employ cloud AI for analytics, chatbots and tailored engagement.
AI Platform Market Analysis Company Type
Large companies are set to have a dominant share of 63.3% in 2024. The resource capabilities of AI Found Investment allow AI to be misused for complexities such as fraud detection and supply chain optimization.
The SME segment expects the fastest expansion that could drive minimal technical expertise with an estimated CAGR of 34.8% enabled by Google Cloud AI, AWS Sagemaker, and accessible low-code tools such as H2O.AI and Datarobot. CRM solutions from entities such as Salesforce Einstein are expanding AI adoption among small and medium-sized businesses.
Market analysis by AI Platform Industry Sector
The BFSI sector remains the widest, contributing to a 18.6% share in 2024. The industry is thriving with AI for real-time fraud detection and operational efficiency. Major players like JPMorgan Chase leverage AI from customized products. Meanwhile, healthcare has emerged as the fastest sector with a CAGR of 36.3% between 2024 and 2030.
AI conversion includes diagnosis, personalized caregiving, and patient supervision. The surge in healthcare data will accelerate the use of AI platforms for predictive assessment and clinical decisions. The rapidly growing use cases of government initiatives and overall medical procedures are moving forward with adoption of AI healthcare.
Report scope
This report scrutinizes AI platforms in global and regional markets, categorizes insights by technology, deployment type, company type and industry sector from 2021-2030, and expanded forecasts from 2024-2030. This includes company profiles and industry progression, and elucidates the market trajectory.
Important Metrics
- Historical Period: 2021-2024
- Base year: 2024
- Forecast period: 2024-2030
- Unit: US $ Value Market
- The above companies: 30+
- Adobe Inc.
- Amazon Web Services, Inc.
- Baidu Inc.
- C3.ai Inc.
- Clarify
- Dell Technologies Inc.
- Databricks Inc.
- Datarobot Inc.
- ExlService Holdings Inc.
- Google LLC
- h2o.ai
- Hewlett Packard Enterprise Co.
- International Business Machines Corp. (IBM)
- Infogain
- Infosys Ltd.
- Intel Corporation
- Meta Platforms Inc.
- Microsoft Corporation
- Mixed Panel
- New Relic Inc.
- Nvidia Corporation
- Openai
- Optimizely
- Oracle Corporation
- Palantir Technologies Inc.
- Qualcomm Technologies, Inc.
- Salesforce, Inc.
- ServiceNow Inc.
- SAS Institute Inc.
- Soundhound AI
- Symphony AI
- Wipro Ltd.
AI Platform Markets by Geographic Region
- North America (US, Canada, Mexico)
- Europe (Germany, UK, France, Italy, Netherlands, Spain, Russia, Switzerland, Other Europe)
- Asia Pacific (China, Japan, India, Australia, Singapore, Korea, and the rest of Asia Pacific region)
- South America (Brazil, Argentina, Colombia, Chile, Peru, South America remainder)
- Middle East and Africa (UAE, South Africa, Egypt, Saudi Arabia, Morocco, Kuwait, Qatar, and the rest of the Africans in the Middle East)
AI Platform Market by Technology
- Machine Learning (ML)
- Natural Language Processing (NLP)
- Deep learning
- Computer Vision
- Robot Process Automation (RPA)
AI platform market based on deployment type
Types for each AI platform market
- Large companies
- Small and Medium Enterprises (Small and Medium Enterprises)
AI Platform Market by Industry Sector
- BFSI (Banks, Financial Services, Insurance)
- That & Telecom
- Manufacturing
- government
- health care
- Retail & e-commerce
- Energy and Utilities
- Transportation
- education
- others
Important attributes
| Report attributes | detail |
| Number of pages | 459 |
| Forecast period | 2024-2030 |
| Estimated Market Value (USD) for 2024 | $11.3 billion |
| Forecast Market Value (USD) by 2030 | $56.3 billion |
| Combined annual growth rate | 30.8% |
| Covered areas | global |
For more information about this report, please visit://www.researchandmarkets.com/r/tdxpqy
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Artificial Intelligence (AI) Platform Market
