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Zion Market Research has published a new report titled “Artificial Intelligence As A Service Market: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017-2024’’.
According to the report, the global artificial intelligence as a service (AIaaS) market was valued at around USD 1.06 billion in 2017 and is expected to reach approximately USD 14.71 billion in 2024, growing at a CAGR of 45.2 percent between 2018 and 2024.
However, lack of skilled labor and sensitivity involved with the security of data is restricting the market growth. Additionally, the service providers and users are increasing for AIaaS because of growing demand for AI service integrator and increasing need for the intelligent business application. These aspects will broadcast a good artificial intelligence as a service market opportunity for players in the forecast years.
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