Asia Pacific Ai In Life Science Analytics Market Size & Outlook
Asia Pacific ai in life science analytics market highlights
- The Asia Pacific ai in life science analytics market generated a revenue of USD 294.6 million in 2023.
- The market is expected to grow at a CAGR of 13.8% from 2024 to 2030.
- In terms of segment, cloud was the largest revenue generating delivery in 2023.
- Cloud is the most lucrative delivery segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 294.6 million |
| Market revenue in 2030 | USD 727.2 million |
| Growth rate | 13.8% (CAGR from 2024 to 2030) |
| Largest segment | Cloud |
| Fastest growing segment | Cloud |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cloud |
| Key market players worldwide | Indegene, Databricks, SAS AB, Sisense, IQVIA Holdings Inc, International Business Machines Corp, Lexalytics, Sorcero, Axtria |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 17.0% of the global ai in life science analytics market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 727.2 million by 2030.
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AI In Life Science Analytics Market Scope
AI In Life Science Analytics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Axtria | View profile | 1001-5000 | Berkeley Heights, New Jersey, United States, North America | http://axtria.com |
| Sorcero | View profile | 51-100 | Washington, District of Columbia, United States, North America | http://www.sorcero.com |
| Lexalytics | View profile | 11-50 | Amherst, Massachusetts, United States, North America | http://www.lexalytics.com |
| Indegene | View profile | 5001-10000 | Princeton, New Jersey, United States, North America | https://www.indegene.com/ |
| Databricks | View profile | 5001-10000 | San Francisco, California, United States, North America | https://databricks.com |
| Sisense | View profile | 501-1000 | New York, New York, United States, North America | http://www.sisense.com |
| IQVIA Holdings Inc | View profile | 87000 | 2400 Ellis Road, Durham, NC, United States, 27703 | https://www.iqvia.com |
| SAS AB | View profile | 8099 | Frosundaviks Alle 1, Solna, Stockholm, Sweden, SE-195 87 | https://www.sasgroup.net |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
Asia Pacific ai in life science analytics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ai in life science analytics market will help companies and investors design strategic landscapes.
Cloud was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific ai in life science analytics market based on cloud covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific dominated the market in 2020. The major demand for plastic to fuel is expected to arise from Singapore, Indonesia, Vietnam, China, Japan, and India. Increasing urbanization and industrialization in this region is expected to fuel market growth over the upcoming years.
Favorable government policies and regulations to promote the development of renewable energy technologies are projected to propel market growth over the forecast period. China is the second-largest waste generating county in the world.
Though, China was the world’s largest importer of waste plastics; however, in January 2018, the country introduced the National Sword policy, which imposed ban on the import of most plastics waste and other waste materials. This has made a huge impact on the global waste recycling market.
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Target buyers of Asia Pacific ai in life science analytics market databook
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Our clientele includes a mix of ai in life science analytics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific ai in life science analytics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific ai in life science analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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