Artificial Intelligence Market Size, Share & Industry Analysis, By Component (Hardware, Software, Services), By Deployment (On-premise, Cloud), By Enterprise Type (Large Enterprises, Small & Medium-sized Enterprises), By Function (Human Resources, Marketing & Sales, Product/Service Deployment, Service Operation), By Technology (Machine Learning, Natural Language Processing, Computer Vision, Robotics, Automation, Expert Systems), By Industry (Healthcare, Automotive, Retail, BFSI, Manufacturing, Agriculture, Government and Public Sector) & Regional Forecast, 2025 – 2032

ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2024

Forecast Period

2025-2032

Historical Period

2019-2023

Growth Rate

CAGR of 29.2% from 2025 to 2032

Unit

Value (USD Billion)

Segmentation

By Component

• Hardware
  
  
  
  • Processors (GPU, FPGA, ASIC and CPU)
  
  
  • Memory Systems
  
  
  • Storage Devices
  
  
  
  


• Software


• Services
  
  
  
  • AI Strategy Advisory/Consulting Services
  
  
  • System Integration and Deployment
  
  
  • AI Model Development
  
  
  • Process Automation and Optimization
  
  
  • AI Training
  
  
  • AI-powered Customer Experience
  
  
  • Support & Maintenance
  
  
  
  

By Deployment

• On-premise


• Cloud 
  
  
  
  • Public Cloud
  
  
  • Private Cloud
  
  
  • Hybrid Cloud
  
  
  
  

By Enterprise Type

• Large Enterprises


• Small and Mid-sized Enterprises (SMEs)

By Technology

• Machine Learning
  
  
  
  • Supervised Learning
  
  
  • Unsupervised Learning
  
  
  • Reinforcement Learning
  
  
  • Deep Learning
  
  
  
  


• Natural Language Processing (NLP)
  
  
  
  • Speech Recognition
  
  
  • Text Analytics
  
  
  • Language Translation
  
  
  
  


• Computer Vision
  
  
  
  • Image Recognition
  
  
  • Object Detection
  
  
  
  


• Robotics and Automation


• Expert Systems
  
  
  
  • Rule-based Expert System
  
  
  • Knowledge-based System
  
  
  
  

By Function

• Human Resources


• Marketing & Sales


• Product/Service Deployment


• Service Operation


• Risk


• Supply-Chain Management


• Others (Strategy and Corporate Finance)

By Industry

• Healthcare
  
  
  
  • Diagnostic AI
  
  
  • Clinical AI
  
  
  • Hospital Management System
  
  
  
  


• Automotive
  
  
  
  • Autonomous Vehicle
  
  
  • AI in Mobility-as-a-Service
  
  
  
  


• BFSI
  
  
  
  • Fraud Detection
  
  
  • Risk Management
  
  
  • Algorithmic Trading
  
  
  
  


• Retail
  
  
  
  • Customer Analytics
  
  
  • AI-powered Marketing and Sales
  
  
  • Supply Chain Automation
  
  
  
  


• Manufacturing
  
  
  
  • Predictive Maintenance
  
  
  • AI-driven Robotics and Automation
  
  
  • Quality Control
  
  
  
  


• Agriculture
  
  
  
  • Smart Farming
  
  
  • Yield Monitoring and Optimization
  
  
  • Crop Disease Detection
  
  
  
  


• Government and Public Sector
  
  
  
  • Smart City Initiatives
  
  
  • Law Enforcement AI
  
  
  • Disaster Management
  
  
  
  


• IT & Telecom
  
  
  
  • Network Optimization
  
  
  • AI Chatbots
  
  
  • Intelligent Call Routing
  
  
  
  


• Energy & Utilities
  
  
  
  • Grid Management
  
  
  • AI in Renewable Energy Management
  
  
  
  


• Education
  
  
  
  • Adaptive Learning Platform
  
  
  • AI-assisted Learning Tools
  
  
  
  

By Region

• North America (By Component, Deployment, Enterprise Type, Technology, Function, Industry, and Country)
  
  
  
  • U.S.
  
  
  • Canada
  
  
  • Mexico
  
  
  
  


• South America (By Component, Deployment, Enterprise Type, Technology, Function, Industry, and Country)
  
  
  
  • Brazil
  
  
  • Argentina
  
  
  • Rest of South America
  
  
  
  


• Europe (By Component, Deployment, Enterprise Type, Technology, Function, Industry, and Country)
  
  
  
  • U.K.
  
  
  • Germany
  
  
  • Italy
  
  
  • France
  
  
  • Spain
  
  
  • Russia
  
  
  • Benelux
  
  
  • Nordics
  
  
  • Rest of Europe
  
  
  
  


• Middle East & Africa (By Component, Deployment, Enterprise Type, Technology, Function, Industry, and Country)
  
  
  
  • Turkey
  
  
  • Israel
  
  
  • GCC
  
  
  • South Africa
  
  
  • North Africa
  
  
  • Rest of MEA
  
  
  
  


• Asia Pacific (By Component, Deployment, Enterprise Type, Technology, Function, Industry, and Country)
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • South Korea
  
  
  • ASEAN
  
  
  • Oceania
  
  
  • Rest of Asia Pacific
  
  
  
  

Companies Profiled in the Report

Oracle Corporation (U.S.), Microsoft Corporation (U.S.), Amazon, Inc. (U.S.), Alphabet Inc. (U.S.), Salesforce.com, Inc. (U.S.), Baidu, Inc. (China), NVIDIA Corporation (U.S.), H2O.ai (U.S.), HPE (U.S.), and Others.