AI Marketplace Market

AI Marketplace Market Overview

The global AI Marketplace Market size was valued at USD 5.88 billion in 2024 and is predicted to reach USD 30.26 billion by 2030 with a CAGR of 31.4% from 2025-2030. 
The market is influenced by factors including increasing healthcare sector along with growing retail industry and expanding manufacturing sector. However, the market is slowed by dearth of data privacy. 

On the contrary, adoption of cloud based artificial intelligence solutions provides future growth prospects for the market. Key market players including Microsoft Corporation and Google LLC are taking initiatives to maintain their position in the industry. Such developments are paving the way for the market in the forthcoming years.

Expanding Healthcare Sector Propels the AI Marketplace Market Growth

The rapidly growing healthcare sector fuels the growth of the AI marketplace market since it enhances the demand for advanced artificial intelligence-based solutions for patients and enhance efficiency. 

The rising use of artificial intelligence technologies in medical imaging and tailored treatment plans created the need for platforms that provide easy access to artificial intelligence tools and applications. 

The World Bank recent report revealed that latest healthcare expenditure per capita globally stood at USD 1265 in 2022 as compared to USD 1086 in 2018 increasing by 16.5 percent over the period of 3 years. The expansion of healthcare infrastructure globally is boosting the demand for powered innovations that in turn contributes to the market’s growth.

Rapidly Growing Retail Industry Boosts the Market Growth

The growing retail industry further fuels the growth of the AI marketplace market due to the increasing demand for artificial intelligence driven solutions that enhance customer experience, optimize supply chain management, and drive personalized marketing. 

Retailors are adopting artificial intelligence technologies to cognitively understand consumer behavior and automate management of stocks to achieve more efficient operations and higher customer satisfaction. 

As per the report of Deloitte top 250 retailers posted revenue growth of 8.5 percent in 2023 as compared to 5.2 percent in 2022. The retail industry’s emphasis on innovation and efficiency is propelling the use of artificial intelligence that boosts the markets expansion.

Growing Manufacturing Sector Fuels, the AI Marketplace Market Demand

The expanding manufacturing sector in various sector is further fuelled by the increasing incorporation of automation and AI technologies that further drives the growth of the AI marketplace market demand that enhances the production, efficiency and improve the quality of control. 

The increasing demand for advance solutions such as real-time data analysis and predictive maintenance encourages manufactures to incorporate cutting-edge user-friendly tools featured through AI marketplace. 

As per the report published by the United Nations Industrial Development Organization, the manufacturing production highlighted a growth of 9.4% in 2021 as compared to 4.2% in 2020. The growth of the demand for advanced technologies enhances the efficiency and uplift the quality of the product.

Lack of Data Privacy Hinders the Market Growth

The lack of data privacy due to the potential for breaches or noncompliance with data protection laws create concerns for businesses that hinders the AI marketplace market expansion.

Adoption of Cloud Based Artificial Intelligence Solutions Creates Future Growth Prospects

The growing adoption of cloud based artificial intelligence solutions provides future growth opportunities in the AI marketplace sector due to the enhanced scalability and cost effectiveness they provide. 

The cloud-based platforms allow organizations to use sophisticated artificial intelligence tools and resources without the need for upfront infrastructure investments making it simpler for businesses of all sizes to adopt artificial intelligence into their operations. 

The growing trend towards digital transformation across industries is expected to drive demand for cloud based artificial intelligence solutions fueling market expansion and creating new opportunities for service providers.

Market Segmentations and Scope of the Study:

The AI Marketplace market report is segmented on the basis of use-cases, deployment, application, end-user, and region. On the basis of use-cases, the market is divided into natural language processing (NLP), deep learning (DL), machine learning as a service (MLaaS), and others. On the basis of deployment, the market is bifurcated into on-premises and cloud based. On the basis of application, the market is segmented into enterprises, small and medium-sized enterprises (SMEs), and startups. On the basis of end-user, the market is further segmented into healthcare, finance, retail, manufacturing, and others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising of North America, Europe, Asia-Pacific, and RoW.

Geographical analysis: 

North America dominates the artificial intelligence marketplace market share at present and is expected to continue its dominance during the forecast period. This is due to the government initiatives and policies towards the advancements of artificial intelligence in the region. 

According to the latest report published by the National Science and Technology Council the Government of the U.S. launched the National Artificial Intelligence Research and Development Strategic Plan 2023. This plan addresses the importance and role of AI in the U.S. and focus on various strategies such as public private partnership and international collaboration to uphold the development and integration of artificial intelligence into places of utmost importance such as healthcare and others. The focus on establishing artificial intelligence hubs enhancing regulatory frameworks is strengthening the regions leadership in the industry.

Moreover, presence of major companies such International Business Machines Corporation and NVIDIA Corporation further fuels the market growth in the region. For instance, in December 2023, International Business Machines Corporation collaborated with Meta Platforms Inc. and launched the artificial intelligence Alliance with over 50 other founding members and companies. 

The artificial intelligence Alliance focuses on promotion an open community by enabling developers and researchers to accelerate responsible innovation in artificial intelligence while ensuring scientific rigor and economic competitiveness. The environment encourages improvement and cost-effective solutions accelerating the market growth and creating opportunities for businesses and consumers.

On the other hand, Asia Pacific is the fastest growing region in the industry due to the rise of startups in countries including India and Vietnam which are driving innovation and expanding the adoption of artificial intelligence technologies. The growing number of tech startups in these countries is boosting the development of new artificial intelligence solutions and applications enhancing market competition. 

As per the report published by Invest India stated that the country ranks third globally in the number of recognized startups with approximately 99 thousand startups acknowledged by the Government of India as of May 2023. This boosts the formation of alliances that supports the integration of artificial intelligence across various sectors and attracts investment that contributes to the expansion of the industry.

Also, the growing healthcare expenditure accelerates the growth of the artificial intelligence marketplace market in the region owing to the investment in advanced technologies and digital solutions aimed at improving patient outcomes and operational efficiencies. 

The growth in healthcare budgets supports the adoption of artificial intelligence driven tools for diagnostics and patient management that leads to the greater demand for artificial intelligence applications and platforms. As per the latest report published by the World Bank Group China’s per capita healthcare expenditure accounted for USD 670 in 2021 as compared to USD 440 in 2017 that is a growth of 52 percent in the period of 4 years. The expanding healthcare expenditure is thus accelerating the growth of the AI marketplace in the region.

Competitive Landscape

The AI Marketplace industry comprising of various market players such as Amazon Web Services, Inc., Microsoft Corporation, Google LLC, International Business Machines Corporation, Meta Platforms, Inc., NVIDIA Corporation, Intel Corporation, DataRobot, Inc., Unity Technologies, Accenture International Limited, Anthropic, Palantir Technologies, Mistral AI, Dataiku, Alphasense Inc., and others. These market players are adopting various strategies such as collaboration and product launches to maintain their dominance in the market.

For instance, in January 2024, IBM collaborated with SAP aimed at developing innovative artificial intelligence solutions specifically for the consumer-packaged goods and retail industries. This partnership focuses on enhancing various operational aspects and sales services by adopting generative artificial intelligence.

Moreover, in June 2023, Unity launched a new artificial intelligence marketplace within its Unity Asset Store. This launch aims to provide developers with a centralized hub for accessing a variety of artificial intelligence solutions for game development.

Key Benefits

• The report provides quantitative analysis and estimations of the analytical AI marketplace market from 2025 to 2030, which assists in identifying the prevailing market opportunities.

• The study comprises a deep-dive analysis of the AI marketplace industry including the current and future trends to depict prevalent investment pockets in the market.

• Information related to key drivers, restraints, and opportunities and their impact on the AI marketplace market is provided in the report. 

• Competitive analysis of the players, along with their market share is provided in the report.

• SWOT analysis and Porters Five Forces model is elaborated in the study.

• Value chain analysis in the market study provides a clear picture of roles of stakeholders.

AI Marketplace Market Key Segments

By Use-Cases

• Natural Language Processing (NLP) 

• Deep Learning (DL) 

• Machine Learning as a Service (MLaaS) 

• Others

By Deployment

• On-Premises

• Cloud Based

By Application

• Enterprises

• Small and Medium-sized Enterprises (SMEs) 

• Startups

By End-User

• Healthcare 

• Finance 

• Retail 

• Manufacturing 

• Others

By Region

• North America

  • The U.S.

  • Canada

  • Mexico

• Europe

  • The UK

  • Germany

  • France        

  • Italy        

  • Spain        

  • Denmark        

  • Netherlands        

  • Finland        

  • Sweden        

  • Norway        

  • Russia        

  • Rest of Europe    

• Asia-Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Singapore

  • Taiwan

  • Thailand

  • Rest of Asia-Pacific

• RoW

  • Latin America

  • Middle East

  • Africa

Key Players

• Amazon Web Services, Inc.

• Microsoft Corporation

• Google LLC

• International Business Machines Corporation

• Meta Platforms, Inc.

• NVIDIA Corporation

• Intel Corporation

• DataRobot, Inc.

• Unity Technologies

• Accenture International Limited

• Anthropic

• Palantir Technologies

• Mistral AI

• Dataiku

• Alphasense Inc.

REPORT SCOPE AND SEGMENTATION:

Parameters	Details
Market Size in 2024	USD 5.88 Billion
Revenue Forecast in 2030	USD 30.26 Billion
Growth Rate	CAGR of 31.4% from 2025 to 2030
Analysis Period	2024–2030
Base Year Considered	2024
Forecast Period	2025–2030
Market Size Estimation	Billion (USD)
Growth Factors	The rapidly growing healthcare sector fuels the growth of the market The growing retail industry further fuels the growth of the market The expanding manufacturing sector fuels the growth of the market
Countries Covered	28
Companies Profiled	10
Market Share	Available for 10 companies
Customization Scope	Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs.