Global Cloud AI market cagr 39.60%

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Cloud AI Market

Cloud AI Market Scope: Industry Analysis, Market

Size, Growth, Trends Till 2031

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Cloud AI Market Size and Growth

The Cloud AI market is experiencing rapid growth, driven by increased demand for scalable AI solutions across industries. As of 2023, the market size is estimated at approximately $60 billion, with projections indicating robust expansion due to advancements in machine learning, data analytics, and cloud computing technologies, enhancing operational efficiency and innovation.

Companies Covered

(Covid 19 Impact Covered)

◍ Oracle Corporation

◍ Microsoft Corporation

◍ IBM

◍ Google

◍ Infosys Limited

◍ Amazon Web Services

◍ Wipro Limited

◍ Baidu Inc.

◍ Informatica

◍ Nuance Communications

◍ iFLYTEK

◍ Salesforce

◍ ZTE Corporation

◍ H2O.ai

The Cloud AI market features major players like Microsoft, AWS, and Google, leveraging AI services to enhance cloud offerings. Companies like Oracle and IBM integrate AI in enterprise solutions, while firms like Salesforce and Infosys customize client solutions. Sales figures include Microsoft ($198 billion), AWS ($80 billion), and IBM ($60 billion).

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Market Segmentation

By Application

BFSI

IT & Telecommunication

Manufacturing

Healthcare

Automotive

Retail

Education

Others

By Product

◍ Public Clouds

Private Clouds

Hybrid Clouds

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$ 9340.89 Million

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Global Cloud AI market cagr 39.60% by ReportPrime - Issuu