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Artificial Intelligence (AI) Engineering Market Share

Report ID: GMI5383
Published Date: Oct 2022
Report Format: PDF

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Artificial Intelligence Engineering Market Share

Some of the major key players operating in the AI engineering market include

Alphabet Inc.
IBM Corp.
Intel Corp.
Baidu Inc.
Oracle Corp.
Salesforce.com Inc.
Cisco Systems, Inc.
Meta Platforms Inc.
Siemens AG
Nvidia Corp.
Microsoft Corp.
SAP SE
Dolbey Systems
Netbase Solutions
Verint Systems
Lexalytics
People.ai

These companies are majorly focusing on advancing product operational skills and innovating reliable AI services.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of artificial intelligence (AI) engineering surpassed USD 8 billion in 2022 and is set to progress at above 35% CAGR from 2023 to 2032, owing to prominent government efforts to improve autonomous mobility.

The hardware segment captured over 30% of the market share in 2022, due to consistent efforts by industry players to introduce innovative products.

The machine learning segment dominated the AI engineering market with more than 48.5% share in 2022 backed by the mounting uptake of IoT and M2M-based devices.

The Europe AI engineering industry is slated to grow at more than 36.5% gains from 2023 to 2032 as a result of heavy investments by key automotive companies to advance autonomous mobility.

Some of the leading companies in the global industry include Alphabet Inc., IBM Corp., Intel Corp., Baidu Inc., Oracle Corp., Salesforce.com Inc., Cisco Systems, Inc., Meta Platforms Inc., Siemens AG, Nvidia Corp., Microsoft Corp., SAP SE, Dolbey Systems, Netbase Solutions, Verint Systems, Lexalytics, and People.ai.