The global AI API market size is calculated at USD 64.41 billion in 2025 and is forecasted to reach around USD 750.63 billion by 2034, accelerating at a CAGR of 31.37% from 2025 to 2034. The North America market size surpassed USD 19.12 billion in 2024 and is expanding at a CAGR of 31.53% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: AI API Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. AI API Market, by Functionality
8.1.1 Generative AI APIs
8.1.1.1. Market Revenue and Forecast
8.1.2. Computer Vision APIs
8.1.2.1. Market Revenue and Forecast
8.1.3. Speech/Voice APIs
8.1.3.1. Market Revenue and Forecast
8.1.4. Recommendation APIs
8.1.4.1. Market Revenue and Forecast
9.1. AI API Market, by Deployment
9.1.1. Cloud-Based APIs
9.1.1.1. Market Revenue and Forecast
9.1.2. Edge APIs
9.1.2.1. Market Revenue and Forecast
9.1.3. Hybrid APIs
9.1.3.1. Market Revenue and Forecast
9.1.4. Separator
9.1.4.1. Market Revenue and Forecast
10.1. AI API Market, by End-Use
10.1.1. IT and Telecommunications
10.1.1.1. Market Revenue and Forecast
10.1.2. BFSI
10.1.2.1. Market Revenue and Forecast
10.1.3. Healthcare and Life Sciences
10.1.3.1. Market Revenue and Forecast
10.1.4. Retail and E-commerce
10.1.4.1. Market Revenue and Forecast
10.1.5. Manufacturing
10.1.5.1. Market Revenue and Forecast
10.1.5. Media and Entertainment
10.1.5.1. Market Revenue and Forecast
10.1.5. Others
10.1.5.1. Market Revenue and Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Functionality
11.1.2. Market Revenue and Forecast, by Deployment
11.1.3. Market Revenue and Forecast, by End-Use
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Functionality
11.1.4.2. Market Revenue and Forecast, by Deployment
11.1.4.3. Market Revenue and Forecast, by End-Use
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Functionality
11.1.5.2. Market Revenue and Forecast, by Deployment
11.1.5.3. Market Revenue and Forecast, by End-Use
11.2. Europe
11.2.1. Market Revenue and Forecast, by Functionality
11.2.2. Market Revenue and Forecast, by Deployment
11.2.3. Market Revenue and Forecast, by End-Use
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Functionality
11.2.4.2. Market Revenue and Forecast, by Deployment
11.2.4.3. Market Revenue and Forecast, by End-Use
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Functionality
11.2.5.2. Market Revenue and Forecast, by Deployment
11.2.5.3. Market Revenue and Forecast, by End-Use
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Functionality
11.2.6.2. Market Revenue and Forecast, by Deployment
11.2.6.3. Market Revenue and Forecast, by End-Use
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Functionality
11.2.7.2. Market Revenue and Forecast, by Deployment
11.2.7.3. Market Revenue and Forecast, by End-Use
11.3. APAC
11.3.1. Market Revenue and Forecast, by Functionality
11.3.2. Market Revenue and Forecast, by Deployment
11.3.3. Market Revenue and Forecast, by End-Use
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Functionality
11.3.4.2. Market Revenue and Forecast, by Deployment
11.3.4.3. Market Revenue and Forecast, by End-Use
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Functionality
11.3.5.2. Market Revenue and Forecast, by Deployment
11.3.5.3. Market Revenue and Forecast, by End-Use
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Functionality
11.3.6.2. Market Revenue and Forecast, by Deployment
11.3.6.3. Market Revenue and Forecast, by End-Use
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Functionality
11.3.7.2. Market Revenue and Forecast, by Deployment
11.3.7.3. Market Revenue and Forecast, by End-Use
11.4. MEA
11.4.1. Market Revenue and Forecast, by Functionality
11.4.2. Market Revenue and Forecast, by Deployment
11.4.3. Market Revenue and Forecast, by End-Use
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Functionality
11.4.4.2. Market Revenue and Forecast, by Deployment
11.4.4.3. Market Revenue and Forecast, by End-Use
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Functionality
11.4.5.2. Market Revenue and Forecast, by Deployment
11.4.5.3. Market Revenue and Forecast, by End-Use
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Functionality
11.4.6.2. Market Revenue and Forecast, by Deployment
11.4.6.3. Market Revenue and Forecast, by End-Use
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Functionality
11.4.7.2. Market Revenue and Forecast, by Deployment
11.4.7.3. Market Revenue and Forecast, by End-Use
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Functionality
11.5.2. Market Revenue and Forecast, by Deployment
11.5.3. Market Revenue and Forecast, by End-Use
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Functionality
11.5.4.2. Market Revenue and Forecast, by Deployment
11.5.4.3. Market Revenue and Forecast, by End-Use
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Functionality
11.5.5.2. Market Revenue and Forecast, by Deployment
11.5.5.3. Market Revenue and Forecast, by End-Use
12.1. IBM Corporation
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Google LLC
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Microsoft
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. OpenAI
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. DeepSeek
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Cohere
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Eden AI
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. AssemblyAI
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Hugging Face
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Imagga
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
14.1. About Us
14.2. Glossary of Terms
For questions or customization requests, please reach out to us at sales@precedenceresearch.com
Plan your call and get expert insights!
Schedule a Meeting
No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client
Report Description
Get a Sample