According to a new research report “Artificial Intelligence Platform Market by Component (Tools, Services), Deployment Mode (Cloud, On-Premises), Application (Forecasts & Prescriptive Models, Chatbots, Speech Recognition, Text Recognition), End-User, and Region – Global Forecast to 2022”, published by MarketsandMarkets™, the market size is expected to grow from USD 2.61 Billion in 2017 to USD 9.88 Billion in 2022, at a Compound Annual Growth Rate (CAGR) of 30.5%.