Cloud AI Market Share

Statistics for the 2023 & 2024 Cloud AI market share, created by Mordor Intelligence™ Industry Reports. Cloud AI share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Cloud AI Industry

The high market consolidation has increased the competition among prominent players such as Microsoft, IBM, Google, Amazon, etc. The other players are actively expanding their product portfolio and geographical presence to capture a significant market share. The players operating in this market are investing hugely in artificial intelligence-related technologies and innovating their products, leading them to gain a sustainable competitive advantage. Due to this, there is always high competition between players to innovate and introduce new products.

In October 2022, at Oracle CloudWorld, Nvidia and Oracle announced an expanded, multiyear agreement to support clients' accelerated adoption of artificial intelligence (AI). Through the partnership, Nvidia's entire accelerated computing stack will be made available to Oracle Cloud Infrastructure (OCI), including GPUs, systems, and software.

Cloud Artificial Intelligence (AI) Market Leaders

  1. Amazon Web Services Inc.

  2. Microsoft Corporation

  3. Google LLC

  4. IBM Corporation

  5. Intel Corporation

*Disclaimer: Major Players sorted in no particular order

Cloud AI Market Concentration

Cloud AI Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)