Artificial Intelligence (AI) in Workspace Market Key Players, Size, Share, Challenges, Investment Opportunities, Demand Forecast, Current Trends and Impact of COVID-19

Research Reports

Jan 20, 2021

The global artificial intelligence in workspace market is growing by leaps and bounds. The market growth attributes to the rising adoption of automation and digitization of workplaces. Besides, increasing demand for AI solutions in various industries such as BFSI, automotive, retail, telecommunication & IT, and healthcare & pharmaceuticals substantiate market growth. Moreover, the growing need for digital transformations of businesses and the generation of a large amount of Big Data escalate the market growth.

Artificial Intelligence (AI) in Workspace Market – Segments

The report is segmented into four dynamics:

By Components : Hardware, Software [(AI Platforms and AI Solutions (Premise and On Cloud)], and Services.

By Vertical : Automotive & Transportation, Manufacturing, Healthcare & Pharmaceutical, IT & Telecommunication, BFSI, Retail, and Others.

By Technology : Natural Language Processing (NLP), Machine Learning, Image Recognition, Speech Recognition, and Context Aware Computing.

By Regions : Asia Pacific, Americas, Europe, and the Rest-of-the-World.

On the other hand, technology providers face huge underlying intellectual challenges in developing AI technology. Hence, complex algorithms and data privacy concerns are the major factors projected to impede the growth of the market. Nevertheless, increasing AI implementation at workspaces would support market growth throughout the assessment period. The growing competition across the industries and growing emphasis on business intelligence would propel market growth.

Global AI in Workspace Market – Regional Analysis

North America accounts for a key share in the global artificial intelligence in workspace market. The largest market share attributes to the increasing investment in research and development of AI technologies and digital transformation of business. Besides, the increase in demand for intelligent virtual assistants drives the growth of the regional market.

Moreover, the presence of major technology providers equipped with advanced technologies in the region substantiates the market growth. Also, the increasing implementation of cutting-edge technology in the advertisement sector boost growth in the regional market. The North American AI in workspace market is projected to retain its dominance throughout the forecast period.

Europe stands second in the global artificial intelligence in workspace market. The market growth attributes to the presence of various notable players and large deployments of these platforms in workspaces. Additionally, the rising numbers of medium and large enterprises act as a major tailwind for the growth of AI technologies in workspace market. High adoption of automation solutions used in workplaces pushes the development of the regional market. The European artificial intelligence (AI) in workspace market is predicted to create a substantial revenue pocket during the assessment period.

Access Complete Report @ https://www.marketresearchfuture.com/reports/artificial-intelligence-in-workspace-market-7310

About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Contact:
Market Research Future
528, Amanora Chambers, Magarpatta Road, Hadapsar
Pune – 411028, Maharashtra, India
Email: [email protected]

Tags: Artificial Intelligence (AI) in Workspace Market Forecast, Artificial Intelligence (AI) in Workspace Market Analysis, Artificial Intelligence (AI) in Workspace Market Growth, Artificial Intelligence (AI) in Workspace Market Trends, Artificial Intelligence (AI) in Workspace Market Share, Artificial Intelligence (AI) in Workspace Market See Campaign: https://www.marketresearchfuture.com/
Contact Information:
[email protected]