Adaptive AI Market: Current Analysis and Forecast (2024-2032)
Emphasis on Component (Platform, and Services); Technology (Machine Learning (ML), Natural Language Processing (NLP), Computer Vision, Deep Learning, Reinforcement Learning, Others); Application (Real-time Adaptive AI, Offline Learning and Adaptation, Context-aware Adaptation, Autonomous Decision-Making, Others); End-Use (BFSI, IT & Telecommunications, Healthcare & Life Sciences, Manufacturing, Aerospace & Defense, Media & Entertainment, Retail & E-commerce, Others); and Region/Country
Adaptive AI Market Size & Forecast
The Adaptive AI market was valued at approximately USD 1.06 Billion in 2023 and is expected to grow at a substantial CAGR of around 44% during the forecast period (2024-2032) owing to the advancements in machine learning and data processing capabilities
Adaptive AI Market Analysis
Adaptive AI is defined as the type of artificial intelligence that learns and changes within a certain period as well as adapts to the environment and the users’ requirements. Also, Adaptive AI is a type of AI that does not depend on pre-determined data sets and rules but rather learns from real-time data and feedback to transform its processes. This helps them to learn from their experience and be in a position to guess the future and respond correctly to new challenges without having to go through retraining.
This sector enables companies to adopt adaptive AI through the leverage of cloud, real-time analytics, and machine learning frameworks for improving AI strategies. Also, major companies are spending on edge AI and IoT for data processing and decision-making at the point of data origination for real-time changes. For instance, on February 6, 2024, Cisco and NVIDIA announced plans to deliver AI infrastructure solutions for the data center that are easy to deploy and manage, enabling the massive computing power that enterprises need to succeed in the AI era.
Adaptive AI Market Trends
This section discusses the key market trends influencing the various segments of the Adaptive AI market as identified by our research experts.
Platform Transforms Adaptive AI Industry
Based on the component, the market is segmented into platforms and services. The platform held a significant share of the market in 2023 Because platforms offer focused services that help in the automation of AI development and its implementation. Such platforms offer different technologies for data handling, modeling, and deployment of adaptive AI that help companies to oversee adaptive AI projects effectively. For instance, on March 7, 2024, Profile Software launched its new “AI.Adaptive” solution, which simplifies user interaction into natural language with databases and applications, enhancing operational efficiency by integrating Generative AI and Large Language Models (LLMs) artificial intelligence technologies. The solution, enhanced by the capabilities of OpenAI, adopts an LLM-agnostic strategy, enabling direct and flexible interaction with Profile’s Axia Suite, Finuevo Suite, Acumen.plus, Centevo Suite, RiskAvert and RegiStar platforms.
North America leads the market.
North America held a dominant share of the market in 2023 due to the rising investments in AI technology and innovation by major tech companies and research institutions. Adding to this, companies in this region are adopting adaptive AI solutions across various sectors, including healthcare, finance, and automotive, to enhance automation and personalization. Besides, governments and their policies are promoting conditions that enable adaptive AI development. In addition, the region has a good ICT infrastructure for cloud computing and a high level of digital literacy that enables the smooth incorporation of adaptive AI. Canadian and other North American companies are relying on real-time analytics and edge AI to generate quicker and more efficient answers. For instance, on October 29, 2024, Cisco (NASDAQ: CSCO) announced new additions to its data center infrastructure portfolio: an AI server family purpose-built for GPU-intensive AI workloads with NVIDIA accelerated computing, and AI PODs to simplify and de-risk AI infrastructure investment. They give organizations an adaptable and scalable path to AI, supported by Cisco’s industry-leading networking capabilities.
Adaptive AI Industry Overview
The Adaptive AI market is competitive, with several global and international players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new product launches, geographical expansions, and mergers and acquisitions. Some of the major players operating in the market are IBM, Google (Alphabet Inc.), Microsoft, Amazon Web Services, Inc., OpenAI, NVIDIA Corporation, Markovate Inc., Scale AI, Cisco Systems, Inc., Hiya.
Adaptive AI Market News
On June 30, 2024, At a recent event in Shanghai, Squirrel Ai unveiled its latest achievement: a multimodal Large Adaptive Model (LAM) that represents a major step forward in educational technology. The conference revealed significant upgrades to both the model and the system of Squirrel Ai's adaptive learning platform, alongside a new line of AI-powered adaptive educational hardware products. By marrying cutting-edge hardware with sophisticated software, Squirrel Ai is not only reinforcing its position as a trailblazer in the realm of educational technology but also setting the stage for a new chapter in AI-enhanced adaptive learning.
On November 18, 2021, Hiya, the leading call performance management cloud, announced the launch of Adaptive AI––a new capability of Hiya Protect that marks the industry’s first self-learning system that proactively hunts and shuts down illegal callers in real-time.
On January 9, 2024, Adaptive Computing Enterprises, Inc. announced the launch of its adaptive.ai-as-a-service offering to deliver Generative AI capabilities to SMBs and large enterprises. This offering is an end-to-end AI/ML development platform that includes powerful management software accessed via a web browser, over 120 HPC and AI/ML application.
Adaptive AI Market Report Coverage
Reasons to buy this report:
The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
The report presents a quick review of overall industry performance at one glance.
The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
The study comprehensively covers the market across different segments.
Deep dive regional level analysis of the industry.
Customization Options:
The global Adaptive AI market can be customized further as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
Table of Contents
Research Methodology for the Adaptive AI Market Analysis (2022-2032)
Analyzing the historical market, estimating the current market, and forecasting the future market of the global Adaptive AI market were the three major steps undertaken to create and analyze the adoption of Adaptive AI in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global Adaptive AI market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
A detailed secondary study was conducted to obtain the historical market size of the Adaptive AI market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the Adaptive AI market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as component, technology, application, end-use, and regions. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Adaptive AI market. Further, we conducted factor analysis using dependent and independent variables such as component, technology, application, end-use, and regions of the Adaptive AI market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the Adaptive AI market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global Adaptive AI market, and market shares of the segments. All the required percentage shares split and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2032 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
The industry’s market size, in terms of revenue (USD) and the adoption rate of the Adaptive AI market across the major markets domestically
All percentage shares, splits, and breakdowns of market segments and sub-segments
Key players in the global Adaptive AI market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global Adaptive AI market. Data was split into several segments and sub-segments after studying various parameters and trends in the component, technology, application, end-use, and regions of the global Adaptive AI market.
The main objective of the Global Adaptive AI Market Study
The current & future market trends of the global Adaptive AI market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
Analyze the current and forecast market size of the Adaptive AI market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments.
Segments in the study include areas of component, technology, application, and end-use, and regions.
Define and analyze the regulatory framework for the Adaptive AI
Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
Analyze the current and forecast market size of the Adaptive AI market for the major region.
Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World
Company profiles of the Adaptive AI market and the growth strategies adopted by the market players to sustain the fast-growing market.
Deep dive regional level analysis of the industry
Frequently Asked Questions FAQs
Q1: What is the Adaptive AI market's current size and growth potential?
The Adaptive AI market was valued at USD 1.06 Billion in 2023 and is expected to grow at a CAGR of 44% during the forecast period (2024-2032).
Q2: What are the driving factors for the growth of the Adaptive AI market?
The growing demand for real-time decision-making, surge in the need for personalized customer experiences, advances in machine learning technology, and increasing availability of big data drive the Adaptive AI market.
Q3: Which segment has the largest share of the Adaptive AI market by technology?
Deep Learning segment has the largest share of the Adaptive AI market by technology.
Q4: What are the major trends in the Adaptive AI market?
The increased use of reinforcement learning and the rising adoption of emerging technology such as metaverse and Web 3.0 is the major trend in the Adaptive AI market.
Q5: Which region will dominate the Adaptive AI market?
North America dominated the market in 2023.
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