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Intelligent Apps Market Size

  • Report ID: GMI2979
  • Published Date: Feb 2021
  • Report Format: PDF

Intelligent Apps Market Size

Intelligent Apps Market size valued at USD 15 billion in 2020 and is projected to register gains at over 35% CAGR from 2021 to 2027.

 

The advent of advanced computing and analytics technologies is likely to drive the industry growth. The need to ensure context and preference-enabled business decisions followed by automation of multiple tasks is supporting the adoption of intelligent apps across industries. The significant technological innovations across IT infrastructure are anticipated to propel the market demand.
 

The rising developments & integration of cognitive technologies including Artificial Intelligence (AI) and Machine Learning (ML) is further expected to boost the market revenue. The integration of these technologies into intelligent apps helps companies to automate data collection and analysis processes. Additionally, these applications enable companies to gain enhanced visibility and manage diverse business workflows remotely. These consistent innovations and advanced benefits are driving the demand for intelligent apps.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The global intelligent apps industry share was USD 15 billion in 2020 and is estimated to hit more than 35% CAGR up to 2027.

The U.K. market for consumer intelligent apps is expected to register around 35% CAGR between 2021-2027 due to higher demand for providing unique user experience.

UAE intelligent apps market share from cloud deployment segment is anticipated to witness 35% CAGR through 2027 owing to the expansion of data center facilities in the region.

The Europe market for intelligent apps was valued at around USD 2.5 billion during 2020 and will expand through 2027 with regional innovations and industry-wide digitization trends.

Intelligent Apps Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 19
  • Tables & Figures: 297
  • Countries covered: 19
  • Pages: 220
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