LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET 2019-2027

MARKET OUTLOOK
According to Triton, the Artificial Intelligence as a Service market in Latin America is expected to proliferate with a CAGR of 36.92% in the forecast period of 2019-2027.
Brazil, Mexico and countries in rest of Latin America have been studied for the report on Latin America’s Artificial Intelligence as a Service market.
Brazil and Argentina are observing a large number of startups working on artificial intelligence. Tech giants such as Google, Microsoft, Apple and Amazon are working to provide Artificial Intelligence as a Service. The cloud platforms of Google are offering a wide range of services such as voice recognition, translation and predictive analysis. These are being included in the smart devices used in this region. The use of industrial robots is on the rise. Mexico is ahead of Argentina and Brazil in this hierarchy. The welcoming approach of the governments for these technologies is also driving the market for the Latin American region. Thus, the market of Artificial Intelligence as a Service is expected to grow in the near future.
Mexico has been very receptive to new technologies over the years. Mexico is using different AI applications in varied sectors such as government & public sectors, R&D, ethics, data, infrastructure, capacity skills and education. The products of major companies in this sector, such as Google are entering this market. AI is extensively used in Mexico in the banking sector. Artificial intelligence is already being used to understand consumer habits in a better manner and guide them with the help of chatbots. More recently, it has also been integrated into the process of decision making and risk measurement by financial sector professionals in the country. The positive approach of the private sector while using the newer technologies is acting as a driver for the AIaaS market in Mexico.

COMPETITIVE OUTLOOK
SAP SE, DataRobot, Inc., Absolutdata, Alphabet, Inc. (Google LLC), Amazon.com, Inc. (Amazon Web Services, Inc.), Apple, Inc., BigML, Fair Isaac Corporation, CognitiveScale, Inc., International Business Machines, SAS, H2O.ai, Salesforce.com, Inc., Vital AI, Intel, Microsoft Corporation, Fuzzy.ai, Centurysoft and Yottamine Analytics, are the players leading the AIaaS market.

TABLE OF CONTENT
1. ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1. IT & TELECOM IS THE LARGEST SEGMENT BY INDUSTRY VERTICALS
2.2.2. AI CAUSING DISRUPTIONS IN VARIOUS INDUSTRIES
2.2.3. HARDWARE ARCHITECTURE PLAYS A CRUCIAL ROLE FOR CLOUD COMPUTING
2.3. EVOLUTION & TRANSITION OF ARTIFICIAL INTELLIGENCE AS A SERVICE
2.4. PORTER’S FIVE FORCES MODEL
2.4.1. THREAT OF NEW ENTRANTS
2.4.2. THREAT OF SUBSTITUTE
2.4.3. BARGAINING POWER OF SUPPLIERS
2.4.4. BARGAINING POWER OF BUYERS
2.4.5. INTENSITY OF COMPETITIVE RIVALRY
2.5. MARKET ATTRACTIVENESS INDEX
2.6. VENDOR SCORECARD
2.7. MARKET DRIVERS
2.7.1. COST AND TECHNOLOGICAL ADVANTAGES OF AIAAS
2.7.2. RISING CLOUD COMPUTING MARKET
2.8. MARKET RESTRAINTS
2.8.1. LACK OF AWARENESS
2.8.2. AI INTELLIGENCE PROFESSIONAL SHORTAGE
2.9. MARKET OPPORTUNITIES
2.9.1. UNCHARTED MARKETS FOR ARTIFICIAL INTELLIGENCE
2.9.2. ANALYTICAL SOLUTIONS SHOW GROWING TRENDS
2.9.3. GROWING APPLICATION AREAS
2.10. MARKET CHALLENGES
2.10.1. DATA PRIVACY ISSUES
2.10.2. LACK OF COMPUTING POWER
3. ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET OUTLOOK - BY INDUSTRY VERTICALS
3.1. BFSI
3.2. IT & TELECOM
3.3. RETAIL
3.4. MANUFACTURING
3.5. PUBLIC SECTOR
3.6. ENERGY UTILITIES
3.7. HEALTHCARE
3.8. OTHERS
4. ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET OUTLOOK - BY TECHNOLOGY
4.1. MACHINE LEARNING
4.2. COMPUTER VISION
4.3. NATURAL LANGUAGE PROCESSING
4.4. OTHER
5. ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET OUTLOOK - BY ORGANIZATION SIZE
5.1. SMALL & MEDIUM ENTERPRISE
5.2. LARGE ENTERPRISE
6. ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET - REGIONAL OUTLOOK
6.1. LATIN AMERICA
6.1.1. BRAZIL
6.1.2. MEXICO
6.1.3. REST OF LATIN AMERICA
7. COMPETITIVE LANDSCAPE
7.1. ABSOLUTDATA
7.2. ALPHABET, INC. (GOOGLE LLC)
7.3. AMAZON.COM, INC. (AMAZON WEB SERVICES, INC.)
7.4. APPLE, INC.
7.5. BIGML
7.6. CENTURYSOFT
7.7. COGNITIVESCALE, INC.
7.8. DATAROBOT, INC.
7.9. FAIR ISAAC CORPORATION
7.10. FUZZY.AI
7.11. H2O.AI
7.12. INTEL
7.13. INTERNATIONAL BUSINESS MACHINES
7.14. MICROSOFT CORPORATION
7.15. SALESFORCE.COM, INC.
7.16. SAP SE
7.17. SAS
7.18. VITAL AI
7.19. YOTTAMINE ANALYTICS
8. RESEARCH METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE & DELIVERABLES
8.1.1. OBJECTIVES OF STUDY
8.2. SOURCES OF DATA
8.2.1. PRIMARY DATA SOURCES
8.2.2. SECONDARY DATA SOURCES
8.3. RESEARCH METHODOLOGY
8.3.1. EVALUATION OF PROPOSED MARKET
8.3.2. IDENTIFICATION OF DATA SOURCES
8.3.3. ASSESSMENT OF MARKET DETERMINANTS
8.3.4. DATA COLLECTION
8.3.5. DATA VALIDATION & ANALYSIS







LIST OF TABLES
TABLE 1: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY INDUSTRY VERTICALS, 2019-2027 (IN $ MILLION)
TABLE 4: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)
TABLE 5: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION)
TABLE 6: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)










LIST OF FIGURES
FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY BFSI, 2019-2027 (IN $ MILLION)
FIGURE 3: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY IT & TELECOM, 2019-2027 (IN $ MILLION)
FIGURE 4: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)
FIGURE 5: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY MANUFACTURING, 2019-2027 (IN $ MILLION)
FIGURE 6: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY PUBLIC SECTOR, 2019-2027 (IN $ MILLION)
FIGURE 7: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY ENERGY UTILITIES, 2019-2027 (IN $ MILLION)
FIGURE 8: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)
FIGURE 9: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 10: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY MACHINE LEARNING, 2019-2027 (IN $ MILLION)
FIGURE 11: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY COMPUTER VISION, 2019-2027 (IN $ MILLION)
FIGURE 12: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY NATURAL LANGUAGE PROCESSING, 2019-2027 (IN $ MILLION)
FIGURE 13: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY OTHER, 2019-2027 (IN $ MILLION)
FIGURE 14: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY SMALL & MEDIUM ENTERPRISE, 2019-2027 (IN $ MILLION)
FIGURE 15: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY LARGE ENTERPRISE, 2019-2027 (IN $ MILLION)
FIGURE 16: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 17: LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 18: BRAZIL ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 19: MEXICO ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 20: REST OF LATIN AMERICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, 2019-2027 (IN $ MILLION)