North America AI Data Management Market Forecast to 2031 - Regional Analysis - by Offering (Solution and Service), Deployment (On-premise and Cloud), Technology [Machine Learning, Natural Language Processing (NLP), Computer Vision, and Context Awareness Computing], and Industry Vertical (BFSI, Retail & E-Commerce, IT & Telecom, Healthcare, Government, and Others)

BMIRE00030773 | Pages: 111 | Technology, Media and Telecommunications | Sep 2024 | Type: Regional | Status: Published

The North America AI data management market was valued at US$ 8,249.57 million in 2023 and is expected to reach US$ 41,979.87 million by 2031; it is estimated to register a CAGR of 22.6% from 2023 to 2031.

Advancements in AI and ML-Based Data Management Software Fuel North America AI Data Management Market

An ongoing evolution of AI and ML technologies increases the demand among consumers to manage their organizational data effectively. The sophisticated capabilities of AI provide businesses with power tools to generate detailed insights from collected data. The integration of AI and ML into data management procedures is perceived as a revolutionary factor in managing and addressing complexities associated with data analysis, handling, and decision-making. In May 2023, International Business Machines Corp introduced the Watsonx Platform, which helps businesses manage and fully control their data. Watsonx Platform is integrated with ML algorithms that allow organizations to collect and clean data. Al and ML algorithms help automate and optimize data management operations. These technologies are used to optimize large datasets at a faster speed beyond human capacity, which improves productivity for data management tasks such as data integration, categorization, and cleansing. Al-powered automated data management helps businesses significantly minimize the chance of error, reducing the workload associated with manual processes and ensuring the reliability and accuracy of data-driven insights. Thus, advancements in AI and ML-based data management software drive the market.

North America AI Data Management Market Overview

In 2022, North America led the global AI data management market. Factors such as increasing adoption of innovative technologies in numerous industries such as BFSI, IT & telecom, retail & e-commerce, and healthcare are driving the market. The presence of major players, such as Microsoft Corp, Amazon Web Services Inc, Alphabet Inc, Oracle Corp, International Business Machines Corp, Salesforce Inc, Hewlett Packard Enterprise Development LP, SAS Institute Inc, and Snowflake Inc, is also benefitting the market growth in the US. These players are engaged in developing new innovative technologies to support enterprises in managing customers' information and business data. For instance, in March 2024, Oracle Corp. announced the general availability of Oracle Analytics Server. Oracle Analytics Server is an Oracle Autonomous Database, having capabilities of AutoML and Oracle Cloud Infrastructure AI Services that help organizations hide sensitive data and potentially improve data privacy by using the OCI Language service. This provides businesses with new opportunities for growth by improving their operations.

The growing adoption of advanced technologies has also encouraged market players to implement AI technology in data management solutions and services to improve customer satisfaction.

North America AI Data Management Market Revenue and Forecast to 2030 (US$ Million)

North America AI Data Management Market Revenue and Forecast to 2030 (US$ Million)

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North America AI Data Management Market Segmentation

The North America AI data management market is categorized into offering, deployment, technology, industry vertical, and country.

Based on offering, the North America AI data management market is bifurcated into solution and service. The solution segment held a larger North America AI data management market share in 2023.

In terms of deployment, the North America AI data management market is segmented into on-premise and cloud. The cloud segment held a larger North America AI data management market share in 2023.

By technology, the North America AI data management market is divided into machine learning, natural language processing (NLP), computer vision, and context awareness computing. The machine learning segment held the largest North America AI data management market share in 2023.

Based on industry vertical, the North America AI data management market is categorized into BFSI, retail & e-commerce, IT & telecom, healthcare, government, and others. The BFSI segment held the largest North America AI data management market share in 2023.

Based on country, the North America AI data management market is categorized into the US, Canada, and Mexico. The US dominated the North America AI data management market share in 2023.

Microsoft Corp, Alphabet Inc, Oracle Corp, International Business Machines Corp, Salesforce Inc, SAP SE, Hewlett Packard Enterprise Co, SAS Institute Inc, Snowflake Inc, and Amazon com Inc. are some of the leading companies operating in the North America AI data management market.
 

TABLE OF CONTENTS

 

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America AI Data Management Market Landscape

4.1 Overview

4.2 Ecosystem Analysis

4.2.1 List of Vendors in the Value Chain

5. North America AI Data Management Market - Key Market Dynamics

5.1 North America AI Data Management Market - Key Market Dynamics

5.2 Market Drivers

5.2.1 Advancements in AI and ML-Based Data Management Software

5.2.2 Surge in Partnerships and Acquisitions Among Key Market Players

5.2.3 Expansion of BFSI Industry and Rise in Financial Transactions

5.3 Market Restraints

5.3.1 Issues Related to Availability of High-Quality Data

5.3.2 High Costs Associated with AI Data Management Software

5.4 Market Opportunities

5.4.1 Rising Adoption of Personalized and Adaptive Systems among Consumers

5.4.2 Growing Investment in AI Technology

5.5 Future Trends

5.5.1 Real-time Data Processing

5.6 Impact of Drivers and Restraints:

6. AI Data Management Market - North America Market Analysis

6.1 North America AI Data Management Market Revenue (US$ Million), 2021-2031

6.2 North America AI Data Management Market Forecast Analysis

7. North America AI Data Management Market Analysis - by Offering

7.1 Solution

7.1.1 Overview

7.1.2 Solution: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

7.2 Service

7.2.1 Overview.

7.2.2 Service: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

8. North America AI Data Management Market Analysis - by Deployment

8.1 On-premise

8.1.1 Overview

8.1.2 On-premise: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

8.2 Cloud

8.2.1 Overview

8.2.2 Cloud: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

9. North America AI Data Management Market Analysis - by Technology

9.1 Machine Learning

9.1.1 Overview

9.1.2 Machine Learning: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

9.2 Natural Language Processing (NLP)

9.2.1 Overview

9.2.2 Natural Language Processing (NLP): North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

9.3 Computer Vision

9.3.1 Overview

9.3.2 Computer Vision: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

9.4 Context Awareness Computing

9.4.1 Overview

9.4.2 Context Awareness Computing: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

10. North America AI Data Management Market Analysis - by Industry Vertical

10.1 BFSI

10.1.1 Overview

10.1.2 BFSI: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

10.2 Retail and E-Commerce

10.2.1 Overview

10.2.2 Retail and E-Commerce: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

10.3 IT and Telecom

10.3.1 Overview

10.3.2 IT and Telecom: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

10.4 Healthcare

10.4.1 Overview

10.4.2 Healthcare: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

10.5 Government

10.5.1 Overview

10.5.2 Government: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

10.6 Others

10.6.1 Overview

10.6.2 Others: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

11. North America AI Data Management Market - Country Analysis

11.1 North America

11.1.1 North America AI Data Management Market Overview

11.1.2 North America: AI Data Management Market Breakdown, by Key Countries, 2023 and 2031 (%)

11.1.2.1 North America: AI Data Management Market - Revenue and Forecast Analysis - by Country

11.1.2.2 United States: AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

11.1.2.2.1 United States: AI Data Management Market Breakdown, by Offering

11.1.2.2.2 United States: AI Data Management Market Breakdown, by Deployment

11.1.2.2.3 United States: AI Data Management Market Breakdown, by Technology

11.1.2.2.4 United States: AI Data Management Market Breakdown, by Industry Vertical

11.1.2.3 Canada: AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

11.1.2.3.1 Canada: AI Data Management Market Breakdown, by Offering

11.1.2.3.2 Canada: AI Data Management Market Breakdown, by Deployment

11.1.2.3.3 Canada: AI Data Management Market Breakdown, by Technology

11.1.2.3.4 Canada: AI Data Management Market Breakdown, by Industry Vertical

11.1.2.4 Mexico: AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

11.1.2.4.1 Mexico: AI Data Management Market Breakdown, by Offering

11.1.2.4.2 Mexico: AI Data Management Market Breakdown, by Deployment

11.1.2.4.3 Mexico: AI Data Management Market Breakdown, by Technology

11.1.2.4.4 Mexico: AI Data Management Market Breakdown, by Industry Vertical

12. Competitive Landscape

12.1 Company Positioning & Concentration

13. Industry Landscape

13.1 Overview

13.2 Market Initiative

13.3 Product Development

14. Company Profiles

14.1 Microsoft Corp

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 Alphabet Inc

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 Oracle Corp

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 International Business Machines Corp

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 Salesforce Inc

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 SAP SE

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 Hewlett Packard Enterprise Co

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 SAS Institute Inc

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 Snowflake Inc

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 Amazon.com Inc

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

15. Appendix

15.1 About The Insight Partners

 

 

List of Tables

Table 1. North America AI Data Management Market Segmentation

Table 2. List of Vendors

Table 3. North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

Table 4. North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million) - by Offering

Table 5. North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million) - by Deployment

Table 6. North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million) - by Technology

Table 7. North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million) - by Industry Vertical

Table 8. North America: AI Data Management Market - Revenue and Forecast to 2031(US$ Million) - by Country

Table 9. United States: AI Data Management Market - Revenue and Forecast to 2031(US$ Million) - by Offering

Table 10. United States: AI Data Management Market - Revenue and Forecast to 2031(US$ Million) - by Deployment

Table 11. United States: AI Data Management Market - Revenue and Forecast to 2031(US$ Million) - by Technology

Table 12. United States: AI Data Management Market - Revenue and Forecast to 2031(US$ Million) - by Industry Vertical

Table 13. Canada: AI Data Management Market - Revenue and Forecast to 2031(US$ Million) - by Offering

Table 14. Canada: AI Data Management Market - Revenue and Forecast to 2031(US$ Million) - by Deployment

Table 15. Canada: AI Data Management Market - Revenue and Forecast to 2031(US$ Million) - by Technology

Table 16. Canada: AI Data Management Market - Revenue and Forecast to 2031(US$ Million) - by Industry Vertical

Table 17. Mexico: AI Data Management Market - Revenue and Forecast to 2031(US$ Million) - by Offering

Table 18. Mexico: AI Data Management Market - Revenue and Forecast to 2031(US$ Million) - by Deployment

Table 19. Mexico: AI Data Management Market - Revenue and Forecast to 2031(US$ Million) - by Technology

Table 20. Mexico: AI Data Management Market - Revenue and Forecast to 2031(US$ Million) - by Industry Vertical

 

List of Figures

Figure 1. North America AI Data Management Market Segmentation, by Country

Figure 2. Ecosystem: North America AI Data Management Market

Figure 3. Impact Analysis of Drivers and Restraints

Figure 4. North America AI Data Management Market Revenue (US$ Million), 2021-2031

Figure 5. North America AI Data Management Market Share (%) - by Offering (2023 and 2031)

Figure 6. Solution: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

Figure 7. Service: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

Figure 8. North America AI Data Management Market Share (%) - by Deployment (2023 and 2031)

Figure 9. On-premise: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

Figure 10. Cloud: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

Figure 11. North America AI Data Management Market Share (%) - by Technology (2023 and 2031)

Figure 12. Machine Learning: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

Figure 13. Natural Language Processing (NLP): North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

Figure 14. Computer Vision: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

Figure 15. Context Awareness Computing: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

Figure 16. North America AI Data Management Market Share (%) - by Industry Vertical (2023 and 2031)

Figure 17. BFSI: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

Figure 18. Retail and E-Commerce: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

Figure 19. IT and Telecom: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

Figure 20. Healthcare: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

Figure 21. Government: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

Figure 22. Others: North America AI Data Management Market - Revenue and Forecast to 2031 (US$ Million)

Figure 23. North America: AI Data Management Market Breakdown, by Key Countries, (2023) (US$ Mn)

Figure 24. North America: AI Data Management Market Breakdown, by Key Countries, 2023 and 2031 (%)

Figure 25. United States: AI Data Management Market - Revenue and Forecast to 2031(US$ Million)

Figure 26. Canada: AI Data Management Market - Revenue and Forecast to 2031(US$ Million)

Figure 27. Mexico: AI Data Management Market - Revenue and Forecast to 2031(US$ Million)

Figure 28. Company Positioning & Concentration

 

 

  1. Microsoft Corp
  2. Alphabet Inc
  3. Oracle Corp
  4. International Business Machines Corp
  5. Salesforce Inc
  6. SAP SE
  7. Hewlett Packard Enterprise Co
  8. SAS Institute Inc
  9. Snowflake Inc
  10. Amazon.com Inc
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America AI data management market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America AI data management market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America AI data management market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
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