From GlobeNewswire: 2025-05-08 10:00:00

The Applied AI Service Market was valued at $235.60 million in 2023, projected to reach $1,878.80 million by 2032 with a CAGR of 26.0%. Major players include Amazon, Apple, Google, IBM, Meta, Microsoft, NVIDIA, and OpenAI. The U.S. market was valued at $54.27 million in 2023, expected to reach $379.72 million by 2032.

The Hardware segment currently dominates the market, driven by investments in AI-specific processors and GPUs. The Software segment is expected to witness the fastest growth, as businesses adopt AI platforms and automation tools. AMD’s EPYC processors are optimizing AI workloads in data centers and cloud environments.

Deep Learning leads the market with a 35% share, driven by advanced image processing and automation capabilities. Natural Language Processing is expected to grow at a CAGR of 27.7%, enabling rapid translation and chatbots. The healthcare sector leads the market, while the BFSI segment is set to record the fastest growth.

North America dominated the market in 2023 with a 38% share, driven by well-established infrastructure and widespread adoption of AI. Asia Pacific is poised for the fastest growth, as AI is increasingly used in industries like autonomous vehicles, healthcare, and finance. The Applied AI Service Market in Asia Pacific is booming with a projected 30.2% CAGR through 2032. This growth is driven by increased digitalization, AI investments, and government initiatives. Intelligent technologies are being deployed across industries like finance, manufacturing, healthcare, and public infrastructure.

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To stay informed about market trends, check out related reports on the Legal Services Market Size by 2032, Applied AI Service Market Forecast by 2032, and Business Software and Services Market Share by 2032. Stay updated on the Cloud Service Brokerage Market for the latest information in the industry.



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