AI App Development Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3200/- USD | Published Date: November 17, 2020 |

The global AI app development market size is expected to grow at a significant CAGR during the forecast period 2020 to 2027. Growing digitalization in various industries is a key factor to drive the market. Rising demand for mobile applications is another factor to boost the market across the globe. AI is getting mixed in blockchain, cloud, IoT, and business applications are some major emerging trends of the market. However, growing threats of cybersecurity and lack of skilled professionals are some major factors to hinder the market growth over the forecast period.

Market Segment Insights:

The global AI app development market is segmented into components, deployment, end-use industry, and geography. AI apps are widely used in various industries such as BFSI, retail, telecommunication, healthcare, real estate, and others, which is expected to boost the market across the globe. The BFSI segment is accounted for a considerable market share in 2019. On the basis of deployment, the segment is further classified into cloud and on-premises segment. The cloud segment is projected to grow at a significant CAGR over the forecast period due to increasing consumer preference for cloud-based solutions.

Global AI App Development Market Segmentation:

By Component:

  • Solutions
  • Services

By Deployment:

  • Cloud
  • On-premises

By End-Use Industry:

  • BFSI
  • Retail
  • Telecommunication
  • Healthcare
  • Real Estate
  • Energy and Power
  • Government / Public Sector
  • Manufacturing
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Global AI app development market size and forecast were obtained by using “Bottom-up” and “Top-down” approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions.

AI app development market research report presents the analysis of each segment from 2018 to 2027 considering 2019 as the base year for the research. The compounded Annual Growth Rate (CAGR) for each respective segments is calculated for the forecast period from 2020 to 2027.

Historical & Forecast Period:

  • 2018 – Historical Year for AI App Development Market
  • 2019 – Base Year for AI App Development Market
  • 2020-2027 – Forecast Period for AI App Development Market

Geographic Coverage:

Geographically, the AI app development market report comprises dedicated sections centering on the regional market revenue and trends. The AI app development market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists Latin America and the Middle East & Africa. The AI app development market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. AI app development market estimates have also been provided for the historical years 2018 & 2019 along with a forecast for the period from 2020 – 2027.

Report Coverage:

  • Research Methodology
  • Research Scope
  • Executive Market Summary: Industry Snapshot
  • Industry Outlook
  • Critical Success Factors (CSFs) for the Market
  • Market Dynamics
  • Key Opportunities
  • Market Porters Five Force Analysis
  • Market Value Chain/Ecosystem Analysis
  • Market Attractive Investment Proposition
  • Market PESTEL Analysis
  • Market Positioning of Key Vendors
  • Market Segmentation Outlook
  • Regional Outlook
  • Company Profiles of Key Vendors

Market Competition Assessment:

Key players operating in the global AI App Development market are USM Business Systems, Miquido, TechAhead, Prolitus Technology, and Sigma Data Systems.

List of Key Companies:

  • USM Business Systems
  • Miquido
  • TechAhead
  • Prolitus Technology
  • Sigma Data Systems
  • SoluLab
  • Fusion Informatics Limited
  • QUYTECH
  • ArStudioz
  • Azilen Technologies

Key Questions Answered by AI App Development Market Report:

  • Global AI app development market forecasts from 2020-2027
  • Regional AI app development market forecasts from 2020-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country-level forecasts from 2020-2027 covering 15 major countries from the aforementioned regions
  • AI app development submarket forecasts from 2020-2027 covering the market by component, by deployment, by end-use industry, and geography
  • Various industry models such as SWOT analysis, Pestle Analysis, Porter’s Five Force model, Value Chain Analysis pertaining to AI App Development market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level AI App Development markets from 2020-2027
  • Competitive Landscape and market positioning of top 10 players operating in the AI App Development market

(Reports will be updated due to COVID-19 impacts on the market)

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1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions
2. Executive Summary
2.1. Global AI App Development Market Portraiture
2.2. Global AI App Development Market, by Component, 2019 (USD Mn)
2.3. Global AI App Development Market, by Deployment, 2019 (USD Mn)
2.4. Global AI App Development Market, by End-Use Industry, 2019 (USD Mn)
2.5. Global AI App Development Market, by Geography, 2019 (USD Mn)
3. Global AI App Development Market Analysis
3.1. AI App Development Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. PESTEL Analysis
4. Global AI App Development Market By Component, 2018 – 2027 (USD Mn)
4.1. Overview
4.2. Solutions
4.3. Services
5. Global AI App Development Market By Deployment, 2018 – 2027 (USD Mn)
5.1. Overview
5.2. Cloud
5.3. On-premises
6. Global AI App Development Market By End-Use Industry, 2018 – 2027 (USD Mn)
6.1. Overview
6.2. BFSI
6.3. Retail
6.4. Telecommunication
6.5. Healthcare
6.6. Real Estate
6.7. Energy and Power
6.8. Government / Public Sector
6.9. Manufacturing
6.10. Others
7. Global AI App Development Market, By Geography, 2018 – 2027 (USD Mn)
7.1. Introduction
7.2. North America
7.2.1. North America AI App Development Market by Country (2018-2027 USD Mn)
7.2.1.1. U.S.
7.2.1.2. Canada
7.2.2. North America AI App Development Market by Component (2018-2027 USD Mn)
7.2.3. North America AI App Development Market by Deployment (2018-2027 USD Mn)
7.2.4. North America AI App Development Market by End-Use Industry (2018-2027 USD Mn)
7.3. Europe
7.3.1. Europe AI App Development Market by Country (2018-2027 USD Mn)
7.3.1.1. Germany
7.3.1.2. U.K.
7.3.1.3. France
7.3.1.4. Italy
7.3.1.5. Rest of Europe
7.3.2. Europe AI App Development Market by Component (2018-2027 USD Mn)
7.3.3. Europe AI App Development Market by Deployment (2018-2027 USD Mn)
7.3.4. Europe AI App Development Market by End-Use Industry (2018-2027 USD Mn)
7.4. Asia Pacific
7.4.1. Asia Pacific AI App Development Market by Country (2018-2027 USD Mn)
7.4.1.1. China.
7.4.1.2. Japan
7.4.1.3. India
7.4.1.4. Australia
7.4.1.5. Rest of Asia Pacific
7.4.2. Asia Pacific AI App Development Market by Component (2018-2027 USD Mn)
7.4.3. Asia Pacific AI App Development Market by Deployment (2018-2027 USD Mn)
7.4.4. Asia Pacific AI App Development Market by End-Use Industry (2018-2027 USD Mn)
7.5. Latin America (LATAM)
7.5.1. Latin America AI App Development Market by Country (2018-2027 USD Mn)
7.5.1.1. Brazil
7.5.1.2. Mexico
7.5.1.3. Rest of Latin America
7.5.2. Latin America AI App Development Market by Component (2018-2027 USD Mn)
7.5.3. Latin America AI App Development Market by Deployment (2018-2027 USD Mn)
7.5.4. Latin America AI App Development Market by End-Use Industry (2018-2027 USD Mn)
7.6. Middle East and Africa
7.6.1. Middle East and Africa AI App Development Market, by Country (2018-2027 USD Mn)
7.6.1.1. South Africa
7.6.1.2. Rest of South Africa
7.6.2. MEA AI App Development Market by Component (2018-2027 USD Mn)
7.6.3. MEA AI App Development Market by Deployment (2018-2027 USD Mn)
7.6.4. MEA AI App Development Market by End-Use Industry (2018-2027 USD Mn)
8. Company Profiles
8.1. USM Business Systems
8.1.1. Business Description
8.1.2. Financial Health and Budget Allocation
8.1.3. Product Positions/Portfolio
8.1.4. News Coverage
8.2. Miquido
8.3. TechAhead
8.4. Prolitus Technology
8.5. Sigma Data Systems
8.6. SoluLab
8.7. Fusion Informatics Limited
8.8. QUYTECH
8.9. ArStudioz
8.10. Azilen Technologies
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