ResearchAndMarkets’ report quantifies the AIaaS market’s expansion, projecting growth from $15.5B in 2024 to $294B by 2034 at a 34.2% CAGR. It examines generative AI, low-code platforms, regional dynamics, and sector-specific use cases to inform strategic decision-making.
Key points
- Global AIaaS market valued at $15.5B in 2024 with projected CAGR of 34.2% to reach $294B by 2034.
- Generative AIaaS leads functional offerings growth at a 43.8% CAGR, reshaping content creation and coding assistance.
- Asia-Pacific emerges as fastest-growing region at a 43.1% CAGR, driven by digitalization and regional cloud services.
Q&A
- What is AIaaS?
- What drives the AIaaS market growth?
- Why is generative AIaaS significant?