From GlobeNewswire: 2025-05-26 07:13:00

The global cloud AI market is growing due to increased adoption of cloud computing, generative AI, and machine learning across industries, with a significant market size of US$ 83.78 billion in 2024, projected to reach US$ 739.46 billion by 2031 with a CAGR of 36.5% from 2025-2031. Major players include Google Cloud, AWS, and Microsoft Azure.

Cloud AI integrates cloud computing with AI to enable real-time data processing, automation, and advanced analytics, benefiting key sectors like healthcare, finance, retail, and manufacturing. Advancements in machine learning, NLP, and edge AI are driving market expansion, offering a wide array of AI tools for customer experiences, process optimization, and product development.

Technological innovations and rising cloud computing adoption are crucial drivers for Cloud AI market growth, enabling businesses to leverage AI technologies without large upfront investments. North America led in 2024, with Asia Pacific expected to have the highest CAGR. The market is expected to flourish due to advancements in AI models, frameworks, and cloud infrastructure.

Key players in the Cloud AI market include Amazon Web Services, Microsoft, Google, IBM, Intel, Nvidia, Cloudminds Technology, AIBrain, Salesforce, and Oracle. Trending topics in the industry include machine learning, multi-cloud, and natural language processing, with a focus on driving innovation and efficiency through AI solutions.

Google Cloud announced new AI products and initiatives for the UK, emphasizing a US$ 1 billion investment in a new data center. HCLTech launched Agentic AI solutions with Google Cloud to enhance business efficiency and value. The market offers vast opportunities for cloud providers, AI technology providers, and system integrators to tap into the evolving landscape and unlock new potentials.



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