DUBLIN, Oct. 27, 2023 /PRNewswire/ — The “Multimodal AI Growth Opportunities in Enterprise Applications” report has been added to ResearchAndMarkets.com’s offering.
This report provides an inclusive overview of the emerging multimodal AI use cases across industry verticals and horizontal business functions. It casts light on the key drivers and restraints impacting the AI market, forming an invaluable resource for technology vendors and service providers.
As the digital realm expands its frontiers, the artificial intelligence (AI) market holds a paramount role in reshaping traditional job roles, operational workflows, and business frameworks.
In today’s AI-driven market, companies across various sectors are striving to integrate innovative multimodal AI tools, solutions, and platforms within their operations in a bid to optimize growth, streamline operations, implement strategic differentiation, considerably enhance client experiences, and offer personalized services. With enhancements in voice, video, and text AI capabilities, the growth of multimodal AI has been significantly supported.
Of heightened importance in this era is the disruption in the generative AI technology space, shifting the multimodal focus from cognitive search and recommendation toward generative capabilities.
Modern enterprises are on the hunt for multimodal AI applications with the potential to revolutionize business models, operations, and company functions, heralding a multitude of growth opportunities across the generative AI stack, from data formats and tools to platforms and emerging AI applications.
The report offers a wealth of opportunities that can be explored in industry-specific multimodal solutions and data management, carving out a clear path forward in this hugely promising sector.
Key Topics Covered:
Growth Environment
- Unlocking Data Potential Requires Analyzing Unstructured Data in Video, Image, and Text Formats
- Industry and Functional Use Cases Increasingly Dependent on Integrated Data Formats
- Conversational AI Formats Increasingly Operating on Video, Image, and Text Formats
- Differentiating Factors of Unimodal, Cross-modal, and Multimodal AI
- Multimodal AI to be More Holistic and Tackle Complex Tasks than Traditional Single-mode AI Models
- Multimodal Approach Shifting from Cognitive Search and Recommendation Capabilities to Creative and Generative AI
- Generative AI Accelerates Multimodal Ecosystem Development
- Multimodality Creates Growth Opportunities Across the Generative AI Stack
- Availability of Multimodal Datasets
- Large-scale ML Models Support Multimodality
- Evolving Data Management Tools and Platforms
- Transforming AI Application Capabilities
Growth Opportunity Universe
- Growth Opportunity 1 – Industry-specific Multimodal Applications
- Growth Opportunity 2 – Multimodal Generative AI Foundation Models
- Growth Opportunity 3 – Data Management Services
The Way Forward
- The Need for a Centralized AI Management Platform
Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative
- The Impact of the Top 3 Strategic Imperatives on Artificial Intelligence (AI)
- Growth Opportunities Fuel the Growth Pipeline Engine
Background – Artificial Intelligence
- AI is a Technology Priority for Global Enterprises
- Enterprises are Advancing in Their AI Adoption Journeys
- Growth Drivers
- Growth Restraints
- Maturing Voice, Video, and Text AI Capabilities Support Multimodal AI Growth – Voice AI
- Maturing Voice, Video, and Text AI Capabilities Support Multimodal AI Growth – Computer Vision
- Maturing Voice, Video, and Text AI Capabilities Support Multimodal AI Growth – Text AI
For more information about this report visit https://www.researchandmarkets.com/r/q066bg
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets
