The AI data management market size was valued at US$ 23.03 billion in 2022 and is expected to reach US$ 114.99 billion by 2030; it is estimated to record a CAGR of 22.3% from 2022 to 2030.
The cloud platform plays a significant role in the organization's management of data. Businesses across the globe are heavily investing in cloud technology to streamline their operations and secure data from cyber threats. For instance, according to Infosys Limited, 67% of companies will increase their cloud spending in 2023, and 80% are planning to raise their cloud spending for to effectively managing manage and protecting their customer's data from theft is fueling the market. Moreover, there is increasing awareness among companies for migrating workloads, rising taking advantages of the cloud's agility for improving new products and services, and a the growing need to reduce CapEx and OpEx are boosting the market. However, the growing adoption of cloud platforms is driving the demand for AI data management solutions market during the forecast period.
The "AI data management market analysis" has been carried out by considering the following segments: offering, deployment, technology, and industry verticals. Based on industry vertical, AI data management is divided into BFSI, retail & e-commerce, IT & telecom, government & utilities, healthcare, and others. The BFSI segment is anticipated to register a the highest CAGR in the near future coming years. The growing number of financial transactions across the globe is driving the segment. BFSIs use AI data management solutions to improve client experiences, expedite processes, reduce risks, and stimulate strategic decision-making. Computers analyze large-scale databases to identify fraudulent activity, improve investment strategies, and automate repetitive processes. BFSI uses AI data management solutions for predictive analytics to handle and manage numerous repetitive tasks like such as loan approvals, processing insurance claims, and customizing consumer services, which is fueling the global market. Furthermore, AI data management software is used for guaranteeing data confidentiality, privacy, and correctness and navigating complex regulatory frameworks such as Anti-Money Laundering (AML) and Know Your Customer (KYC), which help organizations comply with strict rules. Additionally, the BFSI industry heavily relies on AI data management to promote innovation, enhance operational effectiveness, and preserve competitiveness in digitalization and a data-centric economy, are anticipated to boost the AI data management market trend during the forecast period. Thus, the factors mentioned above are anticipated to boost the AI data management market trend during the forecast period.
The AI data management market share in North America is projected to expand at a notable CAGR during the forecast period due to the growing demand for AI-based solutions and services among consumers. Shifting retailers' preference toward the adoption of online channels to attract more consumers worldwide is boosting the market in the region. Moreover, increasing government initiatives toward the adoption of AI technologies are creating expected to create opportunities for the market growth during the forecast period. For instance, in October 2023, Joe Biden signed an Executive Order to advance the safe and responsible use of AI. These initiatives support companies in managing data privacy, transparency, and accountability of their customer's data, boosting the demand for AI data management solutions and services. However, the high adoption of advanced technologies, such as AI, ML, deep learning, and NLP, and others, drives the adoption rate of AI data management solutions in North America.
The AI data management market analysis is carried out by identifying and evaluating key players in the market across different regions. is done by considering Microsoft Corp, Amazon Web Services Inc, Alphabet Inc, Oracle Corp, International Business Machines Corp, Salesforce Inc, SAP SE, Hewlett Packard Enterprise Development LP, SAS Institute Inc, and Snowflake Inc, are among the key AI data management market players profiled in this market study. The AI data management market forecast can help stakeholders in this marketplace plan their growth strategies. Several other AI data management market players were also analyzed for a holistic view of the market and its ecosystem.
The overall AI data management market size has been derived using both primary and secondary sources. To begin the AI data management market research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the AI data management market. The process also serves the purpose of obtaining an overview and market forecast of the AI data management market growth with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights about the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the AI data management market.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness Analysis
3. Research Methodology
4. AI Data Management Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
 4.3.1 List of Vendors in the Value Chain
5. AI Data Management Market - Key Market Dynamics
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. AI Data Management Market - Global Market Analysis
6.1 AI Data Management - Global Market Overview
6.2 AI Data Management - Global Market and Forecast to 2030
7. AI Data Management Market - Revenue Analysis (USD Million) - By Offering, 2020-2030
7.1 Overview
7.2 Solution
7.3 Service
8. AI Data Management Market - Revenue Analysis (USD Million) - By Deployment, 2020-2030
8.1 Overview
8.2 On-premise
8.3 Cloud
9. AI Data Management Market - Revenue Analysis (USD Million) - By Technology, 2020-2030
9.1 Overview
9.2 Machine Learning
9.3 Natural Language Processing (NLP)
9.4 Computer Vision
9.5 Context Awareness Computing
10. AI Data Management Market - Revenue Analysis (USD Million) - By Industry Vertical, 2020-2030
10.1 Overview
10.2 BFSI
10.3 Retail and E-Commerce
10.4 IT and Telecom
10.5 Healthcare
10.6 Government
10.7 Others
11. AI Data Management Market - Revenue Analysis (USD Million), 2020-2030 - Geographical Analysis
11.1 North America
 11.1.1 North America AI Data Management Market Overview
 11.1.2 North America AI Data Management Market Revenue and Forecasts to 2030
 11.1.3 North America AI Data Management Market Revenue and Forecasts and Analysis - By Offering
 11.1.4 North America AI Data Management Market Revenue and Forecasts and Analysis - By Deployment
 11.1.5 North America AI Data Management Market Revenue and Forecasts and Analysis - By Technology
 11.1.6 North America AI Data Management Market Revenue and Forecasts and Analysis - By Industry Vertical
 11.1.7 North America AI Data Management Market Revenue and Forecasts and Analysis - By Countries
 11.1.7.1 United States AI Data Management Market
 11.1.7.1.1 United States AI Data Management Market, by Offering
 11.1.7.1.2 United States AI Data Management Market, by Deployment
 11.1.7.1.3 United States AI Data Management Market, by Technology
 11.1.7.1.4 United States AI Data Management Market, by Industry Vertical
 11.1.7.2 Canada AI Data Management Market
 11.1.7.2.1 Canada AI Data Management Market, by Offering
 11.1.7.2.2 Canada AI Data Management Market, by Deployment
 11.1.7.2.3 Canada AI Data Management Market, by Technology
 11.1.7.2.4 Canada AI Data Management Market, by Industry Vertical
 11.1.7.3 Mexico AI Data Management Market
 11.1.7.3.1 Mexico AI Data Management Market, by Offering
 11.1.7.3.2 Mexico AI Data Management Market, by Deployment
 11.1.7.3.3 Mexico AI Data Management Market, by Technology
 11.1.7.3.4 Mexico AI Data Management Market, by Industry Vertical
 Note - Similar analysis would be provided for below mentioned regions/countries
 
11.2 Europe
 11.2.1 Germany
 11.2.2 France
 11.2.3 Italy
 11.2.4 United Kingdom
 11.2.5 Russia
 11.2.6 Rest of Europe
11.3 Asia-Pacific
 11.3.1 Australia
 11.3.2 China
 11.3.3 India
 11.3.4 Japan
 11.3.5 South Korea
 11.3.6 Rest of Asia-Pacific
11.4 Middle East and Africa
 11.4.1 South Africa
 11.4.2 Saudi Arabia
 11.4.3 U.A.E
 11.4.4 Rest of Middle East and Africa
11.5 South and Central America
 11.5.1 Brazil
 11.5.2 Argentina
 11.5.3 Rest of South and Central America
12. Industry Landscape
12.1 Mergers and Acquisitions
12.2 Agreements, Collaborations, Joint Ventures
12.3 New Product Launches
12.4 Expansions and Other Strategic Developments
13. Competitive Landscape
13.1 Heat Map Analysis by Key Players
13.2 Company Positioning and Concentration
14. AI Data Management Market - Key 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
 Note - Similar information would be provided for below list of companies
 
14.2 Amazon Web Services Inc
14.3 Alphabet Inc
14.4 Oracle Corp
14.5 International Business Machines Corp
14.6 Salesforce Inc
14.7 SAP SE
14.8 Hewlett Packard Enterprise Development LP
14.9 SAS Institute Inc
14.10 Snowflake Inc
15. Appendix
15.1 Glossary
15.2 About
15.3 Market Intelligence Cloud
LIST OF TABLES
LIST OF FIGURES
The List of Companies - AI Data Management Market
Microsoft Corp
Amazon Web Services Inc
Alphabet Inc
Oracle Corp
International Business Machines Corp
Salesforce Inc
SAP SE
Hewlett Packard Enterprise Development LP
SAS Institute Inc
and Snowflake Inc