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AI as a Service Market worth $91.20 billion by 2030 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

29 Apr, 2025, 14:15 GMT

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DELRAY BEACH, Fla., April 29, 2025 /PRNewswire/ -- The AI as a Service Market is expected to significantly increase from USD 20.26 billion in 2025 to USD 91.20 billion by 2030 at a CAGR of 35.1% during the forecast period, according to a new report by MarketsandMarkets™. 

Increasing demand for cost-effective AI solutions, cloud adoption, and demand for increased business efficiency drive the AI as a Service Market. AIaaS plays a key role in helping organizations boost data analytics performance, drive automation, and create more meaningful customer engagement. Furthermore, improvements in machine learning, natural language processing, and AI frameworks contribute to the market's growth in all segments of the industry. 

Browse in-depth TOC on 'AI as a Service Market'

283 – Tables
60 – Figures
398 – Pages

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=121842268

Scope of the Report

Report Metric

Details

Market size available for years

2020–2030

Base year considered

2024

Forecast period

2025–2030

Forecast units

USD (Billion)

Segments Covered

Product Type, Organization Size, Business Function, Service Type, End User, and Region

Geographies covered

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America

Companies covered

Microsoft (US), IBM (US), Google (US), AWS (US), OpenAI (US), NVIDIA (US), Salesforce (US), Oracle (US), SAP (Germany), FICO (US), Cloudera (US), ServiceNow (US), HPE (US), Altair (US), SAS Institute (US), DataRobot (US), Databricks (US), C3 AI (US), H2O.ai (US), Alibaba Cloud (China), Domo (US), Intellias (US), Mistral AI (France), Rainbird Technologies (UK), BigML (US), Yottamine Analytics (US), Scale AI (US), Landing AI (US), Synthesia (UK), Yellow.ai (US), Cohere (Canada), Anyscale (US), Abridge (US), Inflection AI (US), Glean (US), Codeium (US), Arthur (US), Levty AI (US), Unstructured.io (US), Clarifai (US), DeepSearch (Austria), Katonic AI (Australia), MindTitan (Estonia), Viso.ai (Switzerland), MonkeyLearn (US), and Softweb Solutions (US).

BFSI Enterprise End User will register the largest market share during the forecast period.

With the growing implementation of AI as a Service (AIaaS) to improve operational performance, risk management, and customer satisfaction, the BFSI sector is positioned to lead the AIaaS market. AIaaS empowers companies with advanced analytics, fraud detection, personalized services, and automation, all without significant infrastructure costs. The need for real-time insights, regulatory compliance, and security measures drives the increasing demand for AI solutions in BFSI. Furthermore, AI-driven chatbots, virtual assistants, and predictive analytics play a role in simplifying customer engagements and providing personalized financial guidance, strengthening the use of AIaaS in this sector. The industry's continual digital evolution and emphasis on creativity position it as a critical force in the AIaaS market.

Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=121842268

No-Code or Low-Code ML Tools Product Typeis poised for the fastest growth rate during the forecast period.

No-code or low-code machine learning (ML) tools are expected to experience the most significant growth in the AI as a Service (AIaaS) market because they are easy to use for those with limited coding skills. These tools allow companies to create and use AI models without deep coding knowledge, thus democratizing AI applications throughout industries. They are reducing the time and the cost involved in implementing AI by a lot and making it easy for organizations of any scale to integrate AI into their workflows. Demand for rapid prototyping, customization, and automation fuels the demand for no-code/low-code platforms, which offer flexibility and scalability, enabling businesses to innovate fast and stay agile, and thus, this market is growing at an accelerated pace.

North America accounts for the largest market during the forecast period.

North America is expected to dominate the share of AI as a Service Market due to the advanced technology infrastructure and the presence of large AI providers such as IBM, Google, and Microsoft. The region benefits from the early adoption of AI in prominent industries such as healthcare, finance, and retail to automate, generate analytics, and improve customer service. Huge investments in AI research and development and profound government support for AI innovations also add to the market growth. North America's robust cloud infrastructure and widespread digital transformation initiatives further create an ideal environment for the growth of AIaaS. The region's focus on cutting-edge solutions and the growing demand for AI-driven insights from enterprises ensure its leadership in the AIaaS market.

Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=121842268

Top Key Companies in AI as a Service Market:

The major players in the AI as a Service Market include Microsoft (US), IBM (US), Google (US), AWS (US), OpenAI (US), NVIDIA (US), Salesforce (US), Oracle (US), SAP (Germany), and HPE (US).

Browse Adjacent Markets: Artificial Intelligence (AI) Market Research Reports & Consulting

Related Reports:

Artificial Intelligence Market - Global Forecast to 2032

Edge AI Software Market - Global Forecast to 2031

Small Language Model Market - Global Forecast to 2032

Legal AI Software Market - Global Forecast to 2030

AI in Social Media Market - Global Forecast to 2029

Get access to the latest updates on AI as a Service Companies and AI as a Service Industry

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/

Logo: https://mma.prnewswire.com/media/1868219/MarketsandMarkets_Logo.jpg 

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