Press Release

Cloud AI Market to Grow with a CAGR of 39.11% Globally through to 2028

Global Cloud AI Market is rising due to Increasing Data Generation and Storage Needs in the forecast period 2024-2028.

 

According to TechSci Research report, “Global Cloud AI Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, Global Cloud AI Market was valued at USD 51.03 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 39.11% through 2028. The Global Cloud AI Market is presently undergoing a significant transformation, driven by the surging demand for efficient and sustainable cooling solutions in an increasingly digital and data-centric world. Cloud AI solutions, celebrated for their prowess in optimizing data center operations and reducing energy consumption, are becoming a cornerstone of modern data center management, addressing the challenges of heat dissipation and environmental sustainability. This exploration delves into how Cloud AI technology is driving substantial changes across industries, ensuring the efficient and eco-friendly operation of data centers in an era where sustainability and efficiency are paramount.

 

Browse over 26 market data Figures spread through 91 Pages and an in-depth TOC on "Global Cloud AI Market”.

 

The Global Cloud AI Market is currently witnessing a remarkable surge in growth, primarily driven by the escalating demand for robust cybersecurity solutions in an increasingly digital and cloud-centric world. Cloud AI solutions, celebrated for their adeptness in safeguarding critical workloads and data within cloud environments, are assuming an indispensable role in redefining cybersecurity strategies and bolstering organizations against the ever-evolving panorama of cyber threats. This exploration delves deep into the transformative impact of Cloud AI across various industries, ensuring the secure operation of cloud-based workloads and data in an era where cybersecurity takes center stage.Cloud AI has unquestionably emerged as the linchpin of modern cybersecurity in the digital age. As organizations migrate their operations to the cloud, the need for comprehensive protection against a multitude of cyber threats becomes increasingly imperative. Cloud AI solutions offer a multi-pronged defense strategy, encompassing real-time threat detection, vulnerability assessment, and automated responses to security incidents, thereby fortifying the resilience of cloud-based assets.

A paramount catalyst for the adoption of Cloud AI is the surging complexity of the contemporary threat landscape. Cyber adversaries are perpetually devising novel tactics and techniques to exploit vulnerabilities in cloud environments. These include highly sophisticated malware strains, insidious ransomware attacks, and stealthy data breaches, all of which have the potential to disrupt operations and compromise sensitive data. Cloud AI solutions harness advanced threat intelligence, machine learning, and behavioral analytics to swiftly identify and mitigate these emerging threats, ensuring the security and uninterrupted availability of cloud workloads. Furthermore, the ascendancy of cloud-native technologies such as containers and serverless computing is heralding a paradigm shift in the cybersecurity landscape. While these technologies offer unparalleled agility and scalability, they simultaneously introduce unique security challenges. Cloud AI solutions are continually evolving to address these challenges, furnishing specialized security measures tailored to containers and serverless applications. These encompass features such as real-time vulnerability scanning, runtime protection, and robust API security, all designed to safeguard these cloud-native assets effectively.

The imperatives of regulatory compliance and data privacy regulations are also serving as catalysts for the widespread adoption of Cloud AI solutions. Organizations are compelled to adhere to stringent compliance requirements to safeguard sensitive data and maintain the trust of their customers. Cloud AI solutions emerge as indispensable allies in achieving compliance by meticulously monitoring and enforcing security policies, encrypting data, and generating comprehensive audit trails for compliance reporting. The global shift toward remote and distributed workforces has further accentuated the exigency of cloud security. With employees accessing cloud resources from diverse locations and a variety of devices, the imperative of securing cloud workloads has ascended to the zenith of organizational priorities. In this context, Cloud AI solutions bestow organizations with the capability to extend security measures seamlessly to remote users and devices, thereby ensuring unwavering protection regardless of the user's location. In conclusion, the Global Cloud AI Market is presently in the throes of a profound transformation, propelled by the imperative of cybersecurity in a digital and cloud-centric world. These solutions stand resolutely at the vanguard of safeguarding cloud-based workloads, applications, and data, guaranteeing their secure and uninterrupted operation. As cloud technology continues to advance, the incontrovertible significance of Cloud AI in shaping the future of cybersecurity is poised to foster innovation, resilience, and unwavering confidence in an ever-evolving digital landscape.

 

Healthcare is the dominating segment in the global Cloud AI market by vertical.  There are a few reasons for the dominance of the healthcare segment in the global Cloud AI market. First, the healthcare industry is a large and growing industry. Second, the healthcare industry is facing a number of challenges, such as the rising cost of healthcare and the increasing prevalence of chronic diseases. Cloud AI can help the healthcare industry to address these challenges by improving the efficiency and effectiveness of healthcare delivery. Here are some of the key factors driving the growth of the Cloud AI market in the healthcare segment: The increasing adoption of cloud computing in the healthcare industry: Cloud computing platforms provide the scalability and computing power needed to train and deploy Cloud AI models. The increasing availability of large datasets in the healthcare industry: The healthcare industry is generating a large amount of data, such as electronic health records (EHRs) and medical images. This data can be used to train Cloud AI models to improve the accuracy of diagnosis and treatment.

The increasing demand for AI-powered healthcare applications: Healthcare organizations are increasingly adopting AI-powered healthcare applications to improve the quality of care and reduce costs.

 

Major companies operating in Global Cloud AI Market are:

  • Amazon.com, Inc.
  • Microsoft Corporation
  • Alphabet Inc.
  • International Business Machines Corporation
  • Salesforce.com, Inc.
  •  Oracle Corporation
  • SAP SE
  • NVIDIA Corporation
  • Intel Corporation
  • Dell Technologies Inc.

 

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“"The Global Cloud AI Market is presently experiencing a remarkable surge in growth, primarily driven by the escalating demand for robust cybersecurity solutions in an increasingly digital and cloud-centric world. Cloud AI solutions, celebrated for their adeptness in safeguarding critical workloads and data within cloud environments, are assuming an indispensable role in redefining cybersecurity strategies and bolstering organizations against the ever-evolving panorama of cyber threats. This exploration delves into the transformative impact of Cloud AI across various industries, ensuring the secure operation of cloud-based workloads and data in an era where cybersecurity takes center stage. Cloud AI has unquestionably emerged as the linchpin of modern cybersecurity in the digital age. As organizations migrate their operations to the cloud, the need for comprehensive protection against a multitude of cyber threats becomes increasingly imperative. Cloud AI solutions offer a multi-pronged defense strategy, encompassing real-time threat detection, vulnerability assessment, and automated responses to security incidents, thereby fortifying the resilience of cloud-based assets. A paramount catalyst for the adoption of Cloud AI is the surging complexity of the contemporary threat landscape. Cyber adversaries are perpetually devising novel tactics and techniques to exploit vulnerabilities in cloud environments. These include highly sophisticated malware strains, insidious ransomware attacks, and stealthy data breaches, all of which have the potential to disrupt operations and compromise sensitive data. Cloud AI solutions harness advanced threat intelligence, machine learning, and behavioral analytics to swiftly identify and mitigate these emerging threats, ensuring the security and uninterrupted availability of cloud workloads. Furthermore, the ascendancy of cloud-native technologies such as containers and serverless computing is heralding a paradigm shift in the cybersecurity landscape. While these technologies offer unparalleled agility and scalability, they simultaneously introduce unique security challenges. Cloud AI solutions are continually evolving to address these challenges, furnishing specialized security measures tailored to containers and serverless applications. These encompass features such as real-time vulnerability scanning, runtime protection, and robust API security, all designed to safeguard these cloud-native assets effectively. The imperatives of regulatory compliance and data privacy regulations are also serving as catalysts for the widespread adoption of Cloud AI solutions. Organizations are compelled to adhere to stringent compliance requirements to safeguard sensitive data and maintain the trust of their customers. Cloud AI solutions emerge as indispensable allies in achieving compliance by meticulously monitoring and enforcing security policies, encrypting data, and generating comprehensive audit trails for compliance reporting. The global shift toward remote and distributed workforces has further accentuated the exigency of cloud security. With employees accessing cloud resources from diverse locations and a variety of devices, the imperative of securing cloud workloads has ascended to the zenith of organizational priorities. In this context, Cloud AI solutions bestow organizations with the capability to extend security measures seamlessly to remote users and devices, thereby ensuring unwavering protection regardless of the user's location. In conclusion, the Global Cloud AI Market is presently in the throes of a profound transformation, propelled by the imperative of cybersecurity in a digital and cloud-centric world. These solutions stand resolutely at the vanguard of safeguarding cloud-based workloads, applications, and data, guaranteeing their secure and uninterrupted operation. As cloud technology continues to advance, the incontrovertible significance of Cloud AI in shaping the future of cybersecurity is poised to foster innovation, resilience, and unwavering confidence in an ever-evolving digital landscape.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Cloud AI Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Technology (Deep Learning, Machine Learning, Natural Language Processing, Others), By Type (Solution, Services), By Vertical (Healthcare, Retail, BFSI, IT & Telecommunication, Government, Manufacturing, Automotive & Transportation, Others), By Region, By Competition”, has evaluated the future growth potential of Global Cloud AI Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Cloud AI Market.


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