Evolve DataBank
Evolve DataBank Releases 2023-2035 Market Study, Highlighting the Surge in No-Code/Low-Code ML Tools and an Explosive 37.73% CAGR.
The global corporate technology landscape is witnessing a massive transition toward autonomous efficiency, with the Artificial Intelligence as a Service (AIaaS) market projected to grow from USD 20.58 billion in 2024 to USD 707.90 billion by 2035. According to the latest exhaustive research by Evolve DataBank, the industry is maintaining a phenomenal CAGR of 37.73%, driven by the democratization of AI for SMEs, the rapid proliferation of Generative AI, and the critical need for scalable fraud detection and diagnostics.
The report identifies Machine Learning (ML) Frameworks and NLP as the dominant technology categories, while No-Code/Low-Code ML Tools are emerging as the fastest-growing segment, enabling non-experts to deploy sophisticated AI without massive upfront investments. Geographically, North America remains the largest market leader, supported by the presence of tech giants like Google and Microsoft. Meanwhile, Asia-Pacific is identified as the fastest-growing region, with rapid digital transformation in China and India fueling an enterprise-wide “AI-first” strategy.
Institutional-Grade Intelligence Now Accessible for US$99 In an industry-first move to democratize high-tier AI and cloud research, Evolve DataBank is making its professional-grade 2023-2035 AIaaS data suite available for just US$99. This report provides granular data across product types (Chatbots, ML Frameworks, APIs, No-Code Tools), technology types (ML, Computer Vision, NLP), and critical industry verticals including BFSI, Healthcare, and Manufacturing.
For instant access to the full forecast and segmentation data, visit:https://evolvedatabank.com/ProductMaster/ProductDataDisplay/artificial-intelligence-as-a-service-market-analysis
“AIaaS is no longer just an experimental tool; it has become the essential engine for modern digital survival,” says the Senior Analyst at Evolve DataBank. “By offering our in-depth analysis at a US$99 price point, we are empowering startups, AI developers, and independent analysts to access the same institutional-level data used by global technology leaders like Siemens, AWS, and IBM.”
Key Highlights of the Artificial Intelligence as a Service Market Report:
• Democratization Surge: Detailed analysis of how cloud-based AIaaS is enabling smaller businesses to access enterprise-grade predictive analytics without heavy capital expenditures.
• Vertical Adoption: In-depth look at the massive demand in BFSI for fraud detection and in Healthcare for AI-powered diagnostics and patient data management.
• Public Cloud Dominance: Evaluation of why Public Cloud remains the preferred deployment model for scalability and cost-efficiency.
• Disruptive Trends: Comprehensive breakdown of the role of Edge AI and the convergence of AIaaS with 5G and IoT in driving real-time decision making.
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Evolve Data Bank, powered by Evolve Business Intelligence, is a premier online platform offering highly granular, data-driven market insights across diverse global verticals. We are the strategic partner for businesses, analysts, and researchers seeking reliable, actionable market intelligence.
Our comprehensive data bank covers critical sectors including Automotive & Transportation, Aerospace and Defence, Chemical and Materials, Construction And Manufacturing, Electronics and Semiconductor, and essential service industries like Life Science, Consumer Goods & Retail, BFSI, Food & Beverages, Information & Communication Technology, and Energy & Power.
Redefining Industry Access: Committed to democratizing high-tier market research, Evolve DataBank now offers its professional-grade data suites at a market-disrupting entry point of just US$99. By removing the traditional financial barriers to institutional-level intelligence, we empower startups, SMEs, and independent analysts to make data-backed decisions with the same precision as global enterprises.
This release was published on openPR.
