The rise of AI-as-a-Service: How businesses can leverage technology for a competitive edge

The advent of Artificial Intelligence (AI) is considered a revolution that has reshaped all industries and set new limits on what can be achieved. The global AI as a Service Market was valued at $9.3 billion in 2023. Over the projection period, the AI as a Service Industry is anticipated to increase at a CAGR of 42.6% between 2023 and 2028 to rise over $55.0 billion in 2028.