Global AI APIs Supply, Demand and Key Producers, 2023-2029
Page: 107
Published Date: 05 Sep 2023
Category: Service & Software
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- Description
- Table of Contents
- Table of Figures
- Research Methodology
- Companies Mentioned
- Related Reports
- Product Tags
Description
The global AI APIs market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).
Artificial intelligence (AI) APIs integrate different AI and machine learning techniques for users to obtain detailed insights about their data. These APIs can be used in a variety of business functions, including face recognition, sentiment analysis, spam filtering and language detection.
This report studies the global AI APIs demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for AI APIs, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of AI APIs that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global AI APIs total market, 2018-2029, (USD Million)
Global AI APIs total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: AI APIs total market, key domestic companies and share, (USD Million)
Global AI APIs revenue by player and market share 2018-2023, (USD Million)
Global AI APIs total market by Type, CAGR, 2018-2029, (USD Million)
Global AI APIs total market by Application, CAGR, 2018-2029, (USD Million).
This reports profiles major players in the global AI APIs market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Baidu, OpenAI, Tencent, Google, Microsoft Azure, Amazon, IBM, ParallelDots and Rev.ai, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World AI APIs market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global AI APIs Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global AI APIs Market, Segmentation by Type
Web API
Program API
Other
Global AI APIs Market, Segmentation by Application
Automotive
Consumer Electronics
Industrial Robot
Other
Companies Profiled:
Baidu
OpenAI
Tencent
Microsoft Azure
Amazon
IBM
ParallelDots
Rev.ai
Wit.ai
Iflytek Co.,Ltd.
Alibaba
Key Questions Answered
1. How big is the global AI APIs market?
2. What is the demand of the global AI APIs market?
3. What is the year over year growth of the global AI APIs market?
4. What is the total value of the global AI APIs market?
5. Who are the major players in the global AI APIs market?
Table of Contents
1 Supply Summary
1.1 AI APIs Introduction
1.2 World AI APIs Market Size & Forecast (2018 & 2022 & 2029)
1.3 World AI APIs Total Market by Region (by Headquarter Location)
1.3.1 World AI APIs Market Size by Region (2018-2029), (by Headquarter Location)
1.3.2 United States AI APIs Market Size (2018-2029)
1.3.3 China AI APIs Market Size (2018-2029)
1.3.4 Europe AI APIs Market Size (2018-2029)
1.3.5 Japan AI APIs Market Size (2018-2029)
1.3.6 South Korea AI APIs Market Size (2018-2029)
1.3.7 ASEAN AI APIs Market Size (2018-2029)
1.3.8 India AI APIs Market Size (2018-2029)
1.4 Market Drivers, Restraints and Trends
1.4.1 AI APIs Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 AI APIs Major Market Trends
2 Demand Summary
2.1 World AI APIs Consumption Value (2018-2029)
2.2 World AI APIs Consumption Value by Region
2.2.1 World AI APIs Consumption Value by Region (2018-2023)
2.2.2 World AI APIs Consumption Value Forecast by Region (2024-2029)
2.3 United States AI APIs Consumption Value (2018-2029)
2.4 China AI APIs Consumption Value (2018-2029)
2.5 Europe AI APIs Consumption Value (2018-2029)
2.6 Japan AI APIs Consumption Value (2018-2029)
2.7 South Korea AI APIs Consumption Value (2018-2029)
2.8 ASEAN AI APIs Consumption Value (2018-2029)
2.9 India AI APIs Consumption Value (2018-2029)
3 World AI APIs Companies Competitive Analysis
3.1 World AI APIs Revenue by Player (2018-2023)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global AI APIs Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for AI APIs in 2022
3.2.3 Global Concentration Ratios (CR8) for AI APIs in 2022
3.3 AI APIs Company Evaluation Quadrant
3.4 AI APIs Market: Overall Company Footprint Analysis
3.4.1 AI APIs Market: Region Footprint
3.4.2 AI APIs Market: Company Product Type Footprint
3.4.3 AI APIs Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity
4 United States VS China VS Rest of the World (by Headquarter Location)
4.1 United States VS China: AI APIs Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: AI APIs Market Size Comparison (2018 & 2022 & 2029) (by Headquarter Location)
4.1.2 United States VS China: AI APIs Revenue Market Share Comparison (2018 & 2022 & 2029)
4.2 United States Based Companies VS China Based Companies: AI APIs Consumption Value Comparison
4.2.1 United States VS China: AI APIs Consumption Value Comparison (2018 & 2022 & 2029)
4.2.2 United States VS China: AI APIs Consumption Value Market Share Comparison (2018 & 2022 & 2029)
4.3 United States Based AI APIs Companies and Market Share, 2018-2023
4.3.1 United States Based AI APIs Companies, Headquarters (States, Country)
4.3.2 United States Based Companies AI APIs Revenue, (2018-2023)
4.4 China Based Companies AI APIs Revenue and Market Share, 2018-2023
4.4.1 China Based AI APIs Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies AI APIs Revenue, (2018-2023)
4.5 Rest of World Based AI APIs Companies and Market Share, 2018-2023
4.5.1 Rest of World Based AI APIs Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies AI APIs Revenue, (2018-2023)
5 Market Analysis by Type
5.1 World AI APIs Market Size Overview by Type: 2018 VS 2022 VS 2029
5.2 Segment Introduction by Type
5.2.1 Web API
5.2.2 Program API
5.2.3 Other
5.3 Market Segment by Type
5.3.1 World AI APIs Market Size by Type (2018-2023)
5.3.2 World AI APIs Market Size by Type (2024-2029)
5.3.3 World AI APIs Market Size Market Share by Type (2018-2029)
6 Market Analysis by Application
6.1 World AI APIs Market Size Overview by Application: 2018 VS 2022 VS 2029
6.2 Segment Introduction by Application
6.2.1 Automotive
6.2.2 Consumer Electronics
6.2.3 Industrial Robot
6.2.4 Other
6.2.5 Other
6.3 Market Segment by Application
6.3.1 World AI APIs Market Size by Application (2018-2023)
6.3.2 World AI APIs Market Size by Application (2024-2029)
6.3.3 World AI APIs Market Size by Application (2018-2029)
7 Company Profiles
7.1 Baidu
7.1.1 Baidu Details
7.1.2 Baidu Major Business
7.1.3 Baidu AI APIs Product and Services
7.1.4 Baidu AI APIs Revenue, Gross Margin and Market Share (2018-2023)
7.1.5 Baidu Recent Developments/Updates
7.1.6 Baidu Competitive Strengths & Weaknesses
7.2 OpenAI
7.2.1 OpenAI Details
7.2.2 OpenAI Major Business
7.2.3 OpenAI AI APIs Product and Services
7.2.4 OpenAI AI APIs Revenue, Gross Margin and Market Share (2018-2023)
7.2.5 OpenAI Recent Developments/Updates
7.2.6 OpenAI Competitive Strengths & Weaknesses
7.3 Tencent
7.3.1 Tencent Details
7.3.2 Tencent Major Business
7.3.3 Tencent AI APIs Product and Services
7.3.4 Tencent AI APIs Revenue, Gross Margin and Market Share (2018-2023)
7.3.5 Tencent Recent Developments/Updates
7.3.6 Tencent Competitive Strengths & Weaknesses
7.4 Google
7.4.1 Google Details
7.4.2 Google Major Business
7.4.3 Google AI APIs Product and Services
7.4.4 Google AI APIs Revenue, Gross Margin and Market Share (2018-2023)
7.4.5 Google Recent Developments/Updates
7.4.6 Google Competitive Strengths & Weaknesses
7.5 Microsoft Azure
7.5.1 Microsoft Azure Details
7.5.2 Microsoft Azure Major Business
7.5.3 Microsoft Azure AI APIs Product and Services
7.5.4 Microsoft Azure AI APIs Revenue, Gross Margin and Market Share (2018-2023)
7.5.5 Microsoft Azure Recent Developments/Updates
7.5.6 Microsoft Azure Competitive Strengths & Weaknesses
7.6 Amazon
7.6.1 Amazon Details
7.6.2 Amazon Major Business
7.6.3 Amazon AI APIs Product and Services
7.6.4 Amazon AI APIs Revenue, Gross Margin and Market Share (2018-2023)
7.6.5 Amazon Recent Developments/Updates
7.6.6 Amazon Competitive Strengths & Weaknesses
7.7 IBM
7.7.1 IBM Details
7.7.2 IBM Major Business
7.7.3 IBM AI APIs Product and Services
7.7.4 IBM AI APIs Revenue, Gross Margin and Market Share (2018-2023)
7.7.5 IBM Recent Developments/Updates
7.7.6 IBM Competitive Strengths & Weaknesses
7.8 ParallelDots
7.8.1 ParallelDots Details
7.8.2 ParallelDots Major Business
7.8.3 ParallelDots AI APIs Product and Services
7.8.4 ParallelDots AI APIs Revenue, Gross Margin and Market Share (2018-2023)
7.8.5 ParallelDots Recent Developments/Updates
7.8.6 ParallelDots Competitive Strengths & Weaknesses
7.9 Rev.ai
7.9.1 Rev.ai Details
7.9.2 Rev.ai Major Business
7.9.3 Rev.ai AI APIs Product and Services
7.9.4 Rev.ai AI APIs Revenue, Gross Margin and Market Share (2018-2023)
7.9.5 Rev.ai Recent Developments/Updates
7.9.6 Rev.ai Competitive Strengths & Weaknesses
7.10 Wit.ai
7.10.1 Wit.ai Details
7.10.2 Wit.ai Major Business
7.10.3 Wit.ai AI APIs Product and Services
7.10.4 Wit.ai AI APIs Revenue, Gross Margin and Market Share (2018-2023)
7.10.5 Wit.ai Recent Developments/Updates
7.10.6 Wit.ai Competitive Strengths & Weaknesses
7.11 Iflytek Co.,Ltd.
7.11.1 Iflytek Co.,Ltd. Details
7.11.2 Iflytek Co.,Ltd. Major Business
7.11.3 Iflytek Co.,Ltd. AI APIs Product and Services
7.11.4 Iflytek Co.,Ltd. AI APIs Revenue, Gross Margin and Market Share (2018-2023)
7.11.5 Iflytek Co.,Ltd. Recent Developments/Updates
7.11.6 Iflytek Co.,Ltd. Competitive Strengths & Weaknesses
7.12 Alibaba
7.12.1 Alibaba Details
7.12.2 Alibaba Major Business
7.12.3 Alibaba AI APIs Product and Services
7.12.4 Alibaba AI APIs Revenue, Gross Margin and Market Share (2018-2023)
7.12.5 Alibaba Recent Developments/Updates
7.12.6 Alibaba Competitive Strengths & Weaknesses
8 Industry Chain Analysis
8.1 AI APIs Industry Chain
8.2 AI APIs Upstream Analysis
8.3 AI APIs Midstream Analysis
8.4 AI APIs Downstream Analysis
9 Research Findings and Conclusion
10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World AI APIs Revenue by Region (2018, 2022 and 2029) & (USD Million), (by Headquarter Location)
Table 2. World AI APIs Revenue by Region (2018-2023) & (USD Million), (by Headquarter Location)
Table 3. World AI APIs Revenue by Region (2024-2029) & (USD Million), (by Headquarter Location)
Table 4. World AI APIs Revenue Market Share by Region (2018-2023), (by Headquarter Location)
Table 5. World AI APIs Revenue Market Share by Region (2024-2029), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World AI APIs Consumption Value Growth Rate Forecast by Region (2018 & 2022 & 2029) & (USD Million)
Table 8. World AI APIs Consumption Value by Region (2018-2023) & (USD Million)
Table 9. World AI APIs Consumption Value Forecast by Region (2024-2029) & (USD Million)
Table 10. World AI APIs Revenue by Player (2018-2023) & (USD Million)
Table 11. Revenue Market Share of Key AI APIs Players in 2022
Table 12. World AI APIs Industry Rank of Major Player, Based on Revenue in 2022
Table 13. Global AI APIs Company Evaluation Quadrant
Table 14. Head Office of Key AI APIs Player
Table 15. AI APIs Market: Company Product Type Footprint
Table 16. AI APIs Market: Company Product Application Footprint
Table 17. AI APIs Mergers & Acquisitions Activity
Table 18. United States VS China AI APIs Market Size Comparison, (2018 & 2022 & 2029) & (USD Million)
Table 19. United States VS China AI APIs Consumption Value Comparison, (2018 & 2022 & 2029) & (USD Million)
Table 20. United States Based AI APIs Companies, Headquarters (States, Country)
Table 21. United States Based Companies AI APIs Revenue, (2018-2023) & (USD Million)
Table 22. United States Based Companies AI APIs Revenue Market Share (2018-2023)
Table 23. China Based AI APIs Companies, Headquarters (Province, Country)
Table 24. China Based Companies AI APIs Revenue, (2018-2023) & (USD Million)
Table 25. China Based Companies AI APIs Revenue Market Share (2018-2023)
Table 26. Rest of World Based AI APIs Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies AI APIs Revenue, (2018-2023) & (USD Million)
Table 28. Rest of World Based Companies AI APIs Revenue Market Share (2018-2023)
Table 29. World AI APIs Market Size by Type, (USD Million), 2018 & 2022 & 2029
Table 30. World AI APIs Market Size by Type (2018-2023) & (USD Million)
Table 31. World AI APIs Market Size by Type (2024-2029) & (USD Million)
Table 32. World AI APIs Market Size by Application, (USD Million), 2018 & 2022 & 2029
Table 33. World AI APIs Market Size by Application (2018-2023) & (USD Million)
Table 34. World AI APIs Market Size by Application (2024-2029) & (USD Million)
Table 35. Baidu Basic Information, Area Served and Competitors
Table 36. Baidu Major Business
Table 37. Baidu AI APIs Product and Services
Table 38. Baidu AI APIs Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 39. Baidu Recent Developments/Updates
Table 40. Baidu Competitive Strengths & Weaknesses
Table 41. OpenAI Basic Information, Area Served and Competitors
Table 42. OpenAI Major Business
Table 43. OpenAI AI APIs Product and Services
Table 44. OpenAI AI APIs Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 45. OpenAI Recent Developments/Updates
Table 46. OpenAI Competitive Strengths & Weaknesses
Table 47. Tencent Basic Information, Area Served and Competitors
Table 48. Tencent Major Business
Table 49. Tencent AI APIs Product and Services
Table 50. Tencent AI APIs Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 51. Tencent Recent Developments/Updates
Table 52. Tencent Competitive Strengths & Weaknesses
Table 53. Google Basic Information, Area Served and Competitors
Table 54. Google Major Business
Table 55. Google AI APIs Product and Services
Table 56. Google AI APIs Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 57. Google Recent Developments/Updates
Table 58. Google Competitive Strengths & Weaknesses
Table 59. Microsoft Azure Basic Information, Area Served and Competitors
Table 60. Microsoft Azure Major Business
Table 61. Microsoft Azure AI APIs Product and Services
Table 62. Microsoft Azure AI APIs Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 63. Microsoft Azure Recent Developments/Updates
Table 64. Microsoft Azure Competitive Strengths & Weaknesses
Table 65. Amazon Basic Information, Area Served and Competitors
Table 66. Amazon Major Business
Table 67. Amazon AI APIs Product and Services
Table 68. Amazon AI APIs Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 69. Amazon Recent Developments/Updates
Table 70. Amazon Competitive Strengths & Weaknesses
Table 71. IBM Basic Information, Area Served and Competitors
Table 72. IBM Major Business
Table 73. IBM AI APIs Product and Services
Table 74. IBM AI APIs Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 75. IBM Recent Developments/Updates
Table 76. IBM Competitive Strengths & Weaknesses
Table 77. ParallelDots Basic Information, Area Served and Competitors
Table 78. ParallelDots Major Business
Table 79. ParallelDots AI APIs Product and Services
Table 80. ParallelDots AI APIs Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 81. ParallelDots Recent Developments/Updates
Table 82. ParallelDots Competitive Strengths & Weaknesses
Table 83. Rev.ai Basic Information, Area Served and Competitors
Table 84. Rev.ai Major Business
Table 85. Rev.ai AI APIs Product and Services
Table 86. Rev.ai AI APIs Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 87. Rev.ai Recent Developments/Updates
Table 88. Rev.ai Competitive Strengths & Weaknesses
Table 89. Wit.ai Basic Information, Area Served and Competitors
Table 90. Wit.ai Major Business
Table 91. Wit.ai AI APIs Product and Services
Table 92. Wit.ai AI APIs Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 93. Wit.ai Recent Developments/Updates
Table 94. Wit.ai Competitive Strengths & Weaknesses
Table 95. Iflytek Co.,Ltd. Basic Information, Area Served and Competitors
Table 96. Iflytek Co.,Ltd. Major Business
Table 97. Iflytek Co.,Ltd. AI APIs Product and Services
Table 98. Iflytek Co.,Ltd. AI APIs Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 99. Iflytek Co.,Ltd. Recent Developments/Updates
Table 100. Alibaba Basic Information, Area Served and Competitors
Table 101. Alibaba Major Business
Table 102. Alibaba AI APIs Product and Services
Table 103. Alibaba AI APIs Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 104. Global Key Players of AI APIs Upstream (Raw Materials)
Table 105. AI APIs Typical Customers
List of Figure
Figure 1. AI APIs Picture
Figure 2. World AI APIs Total Market Size: 2018 & 2022 & 2029, (USD Million)
Figure 3. World AI APIs Total Market Size (2018-2029) & (USD Million)
Figure 4. World AI APIs Revenue Market Share by Region (2018, 2022 and 2029) & (USD Million) , (by Headquarter Location)
Figure 5. World AI APIs Revenue Market Share by Region (2018-2029), (by Headquarter Location)
Figure 6. United States Based Company AI APIs Revenue (2018-2029) & (USD Million)
Figure 7. China Based Company AI APIs Revenue (2018-2029) & (USD Million)
Figure 8. Europe Based Company AI APIs Revenue (2018-2029) & (USD Million)
Figure 9. Japan Based Company AI APIs Revenue (2018-2029) & (USD Million)
Figure 10. South Korea Based Company AI APIs Revenue (2018-2029) & (USD Million)
Figure 11. ASEAN Based Company AI APIs Revenue (2018-2029) & (USD Million)
Figure 12. India Based Company AI APIs Revenue (2018-2029) & (USD Million)
Figure 13. AI APIs Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World AI APIs Consumption Value (2018-2029) & (USD Million)
Figure 16. World AI APIs Consumption Value Market Share by Region (2018-2029)
Figure 17. United States AI APIs Consumption Value (2018-2029) & (USD Million)
Figure 18. China AI APIs Consumption Value (2018-2029) & (USD Million)
Figure 19. Europe AI APIs Consumption Value (2018-2029) & (USD Million)
Figure 20. Japan AI APIs Consumption Value (2018-2029) & (USD Million)
Figure 21. South Korea AI APIs Consumption Value (2018-2029) & (USD Million)
Figure 22. ASEAN AI APIs Consumption Value (2018-2029) & (USD Million)
Figure 23. India AI APIs Consumption Value (2018-2029) & (USD Million)
Figure 24. Producer Shipments of AI APIs by Player Revenue ($MM) and Market Share (%): 2022
Figure 25. Global Four-firm Concentration Ratios (CR4) for AI APIs Markets in 2022
Figure 26. Global Four-firm Concentration Ratios (CR8) for AI APIs Markets in 2022
Figure 27. United States VS China: AI APIs Revenue Market Share Comparison (2018 & 2022 & 2029)
Figure 28. United States VS China: AI APIs Consumption Value Market Share Comparison (2018 & 2022 & 2029)
Figure 29. World AI APIs Market Size by Type, (USD Million), 2018 & 2022 & 2029
Figure 30. World AI APIs Market Size Market Share by Type in 2022
Figure 31. Web API
Figure 32. Program API
Figure 33. Other
Figure 34. World AI APIs Market Size Market Share by Type (2018-2029)
Figure 35. World AI APIs Market Size by Application, (USD Million), 2018 & 2022 & 2029
Figure 36. World AI APIs Market Size Market Share by Application in 2022
Figure 37. Automotive
Figure 38. Consumer Electronics
Figure 39. Industrial Robot
Figure 40. Other
Figure 41. AI APIs Industrial Chain
Figure 42. Methodology
Figure 43. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
Baidu OpenAI Tencent Google Microsoft Azure Amazon IBM ParallelDots Rev.ai Wit.ai Iflytek Co.,Ltd. Alibaba
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