Market Forecast By Service Type (Software Tool, Services), By Service (Professional Services, Managed Services), By Software Tool (Data Storage And Archiving, Modeler And Processing, Cloud And Web-Based Programming Interface, Others), By Technology (Machine Learning, Natural Language Processing), By Vertical (Healthcare And Life Sciences, Retail, Manufacturing, Energy, Government, Telecommunications & Others) And Competitive Landscape.
Product Code: ETC053889 | Publication Date: Jan 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Singapore Artificial intelligence as a service market is on a traction path owing to an increase in the development in the media and telecommunications sector. Being a fast-evolving technology, artificial intelligence has ample potential to grow and serve multiple purposes and as a result, is anticipated to gain a lot of popularity not only in a single designated sector but multiple sector use and is expected to be of great importance for the growth and development in the impending period in the country and would serve towards enhancing the competitive market landscape of the Singapore artificial intelligence as a service market in the impending period. Though still in the infancy period, artificial intelligence is at low interoperability, significant growth in technological development is expected to be of great importance for the growth of artificial intelligence in the country and is projected to spear up the market growth in the forthcoming years. A spur in artificial intelligence is leading to increased and deeper penetration of cutting-edge Workflow and is posing bountiful opportunities for the growth of Artificial intelligence which is expected to not only benefit miscellaneous industrial growth but is also expected to drive artificial intelligence especially in Singapore and is expected to be of much importance for shaping the market competitive landscape of the Singapore artificial intelligence as a service market in the forthcoming years.
According to 6Wresearch, the Singapore Artificial Intelligence As A Service Market size is anticipated to register growth during 2021-27. The outbreak of the global pandemic COVID-19 has no doubt, been proven evident in bringing about a revolution in the global Artificial intelligence as a service market. The increased adoption of cloud-based platform backed by an increase in the remote work culture underpinned by the imposition of nationwide lockdown imposed in almost all countries across the world to win the bid to combat the spread of the novel coronavirus and is expected to be a growth proliferator for the market. The rising need for enhanced and maintenance of the assets of companies for continued stability and reliability of the assets is making the adoption of Artificial intelligence as a service software and ideal industrial choice and is, as a result, expected to be of great importance for the growth of the market in the impending period.
On the basis of the market segmentation, based on the verticals, the healthcare sector is expected to gain the highest growth potential in the coming time zone on the back of an increase in the acritical intelligence-based imaging modalities. Although the healthcare sector has been performing so well with regard to cutting-edge research and analysis for the implementation of smart technologies and as a result this is leading to state-of-art technology introduction in the healthcare sector and leading to the growth and development of the same. Further, a rise in the efforts to implement such technologies, requires a bulk fund stack to be generated for the same. Due to the outbreak of the novel coronavirus, panning out of income effect has been incurred by healthcare industrialists across the country and this has, as a result, has led to a disturbance in the implementation of such technologies and as a result, is leading to a downfall in the market value, but with the advent of time, as the curve for the covid disease flattens, the market is expected to ramp up and witness a proliferation in the early part of the year 2021 and the timeframe thereafter.
The Singapore Artificial intelligence as a service market report thoroughly covers the market by service type, technology, verticals, service, software tool, and key Regions. The Singapore Artificial intelligence as a service market outlook report provides an unbiased and detailed analysis of the ongoing Singapore Artificial intelligence as a service market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Singapore artificial intelligence as a service market is projected to find its true potential growth underpinned by the rising growth of the retail sector. The digitalization era being the top reason to revolutionize all the industrial sectors to bring in working efficiency and productivity. The retail sector is expected to generate high sales revenues in the market owing to an increase in the adoption of artificial technology with the rising retail sector expansion with the growing population base. Also, not only the retail sector has adopted but several other sectors including automotive, manufacturing, and education sector all are contributing major growth prospects for the Singapore artificial intelligence as a service market in the forthcoming years.
Markets Covered
The Singapore Artificial intelligence as a service Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Singapore Artificial Intelligence as a Service Market Overview |
3.1. Singapore Artificial Intelligence as a Service Market Revenues, 2017-2027F |
3.2. Singapore Artificial Intelligence as a Service Market Revenue Share, By Service, 2020 & 2027F |
3.3. Singapore Artificial Intelligence as a Service Market Revenue Share, By Service Type, 2020 & 2027F |
3.4. Singapore Artificial Intelligence as a Service Market Revenue Share, By Technology, 2020 & 2027F |
3.5. Singapore Artificial Intelligence as a Service Market Revenue Share, By Software Tool, 2020 & 2027F |
3.6. Singapore Artificial Intelligence as a Service Market Revenue Share, By Verticals, 2020 & 2027F |
3.7. Singapore Artificial Intelligence as a Service Market Revenue Share, By Regions, 2020 & 2027F |
3.8. Singapore Artificial Intelligence as a Service Market Industry Life Cycle |
3.9. Singapore Artificial Intelligence as a Service Market- Porter’s Five Forces |
4. Singapore Artificial Intelligence as a Service Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Singapore Artificial Intelligence as a Service Market Trends |
6. Singapore Artificial Intelligence as a Service Market Overview, By Service |
6.1. Singapore Artificial Intelligence as a Service Market Revenues, By Professional Services, 2017-2027F |
6.2. Singapore Artificial Intelligence as a Service Market Revenues, By Managed Services, 2017-2027F |
7. Singapore Artificial Intelligence as a Service Market Overview, By Service Type |
7.1. Singapore Artificial Intelligence as a Service Market Revenues, By Software Tool, 2017-2027F |
7.2. Singapore Artificial Intelligence as a Service Market Revenues, By Services, 2017-2027F |
8. Singapore Artificial Intelligence as a Service Market Overview, By Vertical |
8.1. Singapore Artificial Intelligence as a Service Market Revenues, By Healthcare and Life Sciences, 2017-2027F |
8.2. Singapore Artificial Intelligence as a Service Market Revenues, By Retail, 2017-2027F |
8.3. Singapore Artificial Intelligence as a Service Market Revenues, By Manufacturing, 2017-2027F |
8.4. Singapore Artificial Intelligence as a Service Market Revenues, By Telecommunications, 2017-2027F |
8.5. Singapore Artificial Intelligence as a Service Market Revenues, By Government, 2017-2027F |
8.6. Singapore Artificial Intelligence as a Service Market Revenues, By Energy, 2017-2027F |
8.7. Singapore Artificial Intelligence as a Service Market Revenues, By Others, 2017-2027F |
9. Singapore Artificial Intelligence as a Service Market Overview, By Technology |
9.1. Singapore Artificial Intelligence as a Service Market Revenues, By Machine Learning, 2017-2027F |
9.2. Singapore Artificial Intelligence as a Service Market Revenues, By Natural Language Processing, 2017-2027F |
10. Singapore Artificial Intelligence as a Service Market Overview, By Software Tool |
10.1. Singapore Artificial Intelligence as a Service Market Revenues, By Data Storage and Archiving, 2017-2027F |
10.2. Singapore Artificial Intelligence as a Service Market Revenues, By Modeler and Processing, 2017-2027F |
10.3. Singapore Artificial Intelligence as a Service Market Revenues, By Cloud and Web-based Programming Interface, 2017-2027F |
10.4. Singapore Artificial Intelligence as a Service Market Revenues, By Others, 2017-2027F |
11. Singapore Artificial Intelligence as a Service Market Competitive Landscape |
11.1. Singapore Artificial Intelligence as a Service Market, By Companies, 2020 |
12. Company Profiles |
13. Key Strategic Recommendations |