The global enterprise artificial intelligence market is expected to grow with a CAGR of 25.6% from 2023 to 2028

According to a market report by Lucintel, the future of the global enterprise artificial intelligence market looks promising with opportunities in the media & advertising, retail, BFSI, IT & telecom, healthcare, and automotive markets. The global enterprise artificial intelligence market is expected to reach an estimated $58.4 billion by 2028 with a CAGR of 25.6% from 2023 to 2028. The major drivers for this market are emergence of digitalization among enterprises, rising adoption of automated technologies among manufacturing units, and growing demand for cloud-based services across industries.

In this market, natural language processing (NLP), machine learning, computer vision, and speech recognition are the major segments of global enterprise artificial intelligence market by type. Lucintel forecast that NLP will remain the highest growing segment over the forecast period due to its extensive application by enterprises to create and determine information from a text in a clear, grammatically correct, and naturally structured way.

Within this market, IT & telecom will remain the largest segment due to increasing utilization of AI technology among emerging companies and cloud-based businesses.

North America will remain the largest region over the forecast period due to presence of key players and significant adoption of AI technology in SMEs and large enterprises of the region.

Amazon Web Services, IBM, Microsoft, Oracle, Intel, Alphabet, and SAP SE are the major suppliers in the global enterprise artificial intelligence market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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