Enterprise Artificial Intelligence Market is anticipated to expand at a compound annual growth rate (CAGR) from 2022 to 2031

The Global Enterprise Artificial Intelligence Market Report by Global Insight Services is the single and trusted source of information for the Enterprise Artificial Intelligence Market . This report provides an analysis of the market impact of the latest market disruptions such as the Russian-Ukraine War and Covid-19. The report provides a qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. The report includes in-depth segmentation and market size data by category, product type, application, and region. The report also includes a comprehensive analysis of recent events such as key issues, trends and drivers, restraints and challenges, competitive landscape, and M&A activity in the market.

Enterprise Artificial Intelligence (EAI) is a term for the application of artificial intelligence (AI) technology to business problems. EAI solutions are designed to help organizations automate tasks, improve decision making, and gain insights from data.

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Key Trends

There are several key trends in enterprise artificial intelligence technology. One is the increasing use of artificial intelligence for predictive maintenance. This involves using AI to monitor equipment for signs of failure and then using that information to predict when maintenance will be needed. This can help to reduce downtime and improve equipment efficiency.

Another key trend is the use of artificial intelligence for quality control. This involves using AI to inspect products for defects and then using that information to improve the manufacturing process. This can help to improve product quality and reduce manufacturing costs.

Finally, there is the increasing use of artificial intelligence for customer service. This involves using AI to interact with customers and provide them with support. This can help to improve customer satisfaction and reduce customer support costs.

Key Drivers

The key drivers of enterprise artificial intelligence market are as follows:

1. Increasing demand for automating business processes: There is a growing demand for automating business processes across various industries. This is because automation can help reduce costs and improve efficiency.

2. Rapid growth of data: With the rapid growth of data, organizations are finding it difficult to manage and analyze it. This is where AI can help by providing insights from data.

3. Advancements in technology: With the advancements in technology, AI is becoming more sophisticated and is able to handle more complex tasks.

4. Increasing investment by organizations: Organizations are investing heavily in AI as they see it as a key driver of growth.

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Market Segments

The enterprise artificial intelligence market report is bifurcated on the basis of technology, deployment mode, organization size, industry, and region. On the basis of technology, it is segmented into machine learning, image processing, speech recognition, and others. Based on deployment mode, it is analyzed across on-premises and cloud. By organization size, it is categorized into small & medium sized enterprises and large enterprises. By industry, it is divided into media & advertising, BFSI, IT & telecom, retail, healthcare, automotive & transportation, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.

Key Players

The enterprise artificial intelligence market report includes players such as Alphabet Inc., Apple Inc., Amazon Web Services, Inc, IBM, IPsoft Inc., MicroStrategy Incorporated, NVIDIA Corporation, SAP SE, Verint Systems Inc., and Wipro Limited.

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