Artificial Intelligence Market Business Overview, Specification, Techniques & Strategies to 2027

Research Reports

Jan 20, 2021

Market Size – USD 29.50 billion in 2019, Market Growth – CAGR of 36.2%, Market trends –Growing investment in research and development.

 

The increasing need for understanding consumer needs and market trends is one of the major factors driving the market growth. Moreover, the extensive adoption of smartphones, along with the popularity of social media, will also boost the growth of the market in the coming years. North America dominated the market owing to the rapid technological advancements and increasing government investments in the development of artificial intelligence (AI). Moreover, the presence of some of the leading players of the market in the region will also drive the growth of the market in the region.

 

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One of the mentionable traits of AI is the ability and support it provides to machines to react, act, learn, and think like human beings. As a result of the mentioned characteristics, it turns out to be an effective decision making and data analytics tool that helps in deciding based on past data and identified patterns. It is the mentioned traits of AI, which has resulted in an increase in different industries that have a positive impact on the growth of the market.

 

The increased adoption of cloud-based solutions makes the incorporation of Artificial Intelligence (AI) services easy and effective. Cloud technology provides with required information and support for the AI learning process, which positively impacts the growth of the market. In various end-user industries, there has been an elevated demand for cognitive computing, which also acts as a driving factor for the expansion of the market.

 

Regional Scope- North America; Europe; Asia Pacific; Central & South America; MEA

 

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Key participants include Samsung Electronics, Intel, Xilinx, NVIDIA, IBM, Micron Technology, Microsoft, Amazon Web Services (AWS), Google, and Facebook, among others.

 

Offering Outlook (Revenue, USD Billion; 2017-2027)

Hardware

Processors

Memory

Network

Software

AI Platforms

AI Solutions

Services

Deployment & Integration

Support & Maintenance

Technology Outlook (Revenue, USD Billion; 2017-2027)

Machine Learning

Deep Learning

Supervised Learning

Unsupervised Learning

Reinforcement Learning

Generative Adversarial Networks (GANS)

Others

Natural Language Processing (NLP)

Context-Aware Computing

Computer Vision

End-User Industry Outlook (Revenue, USD Billion; 2017-2027)

Healthcare

Manufacturing

Agriculture

Automotive

Retail

Human Resources

Security

Marketing

Construction

Law

Fintech

Aerospace

Defense

Supply chain

Food and Beverage

Media and Entertainment

Gaming

Telecommunications

Oil and Gas

Helping you establish a strong foothold in the industry

The Artificial Intelligence report highlights set of information related to pricing and the category of customers who are more than willing to pay for certain products and services. The information on opportunities as well as product features, determine which offerings or benefits command sale and identify the communications channels used by the  market leaders to create premium positioning strategies  as well as attract broadest share.

Browse the full report description @ https://www.emergenresearch.com/industry-report/artificial-intelligence-market

The research provides answers to the following key questions:

What is the estimated size of the Artificial Intelligence market for the forecast period, 2020 – 2027? What will be the growth rate of the industry during the estimated period?

What are the prominent driving forces likely to impact the progress of the industry across different regions?

Who are the major market players occupying a strong foothold in the Artificial Intelligence market? What are the winning strategies adopted by them to stay ahead in the competition?

What are the potential opportunities for the Artificial Intelligence market for the forecast period, 2020 – 2027?

What are the key trends expected to shape the development of the industry over the coming years?

What are the key restraints and challenges likely to hinder the growth of the Artificial Intelligence market worldwide?

Thank you for reading our report. For further information or queries about the report or customization options, please get in touch with us. We will ensure your report is tailored according to your requirements.

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Tags: Artificial intelligence Market Size, Artificial Intelligence Market Key Players, artificial intelligence market trends, artificial intelligence market demand, Artificial Intelligence Market research, Artificial intelligence Market Growth, Artificial intelligence Market Outlook, Artificial intelligence Market Share, Artificial intelligence Market Analysis, Artificial Intelligence Market Product, Artificial Intelligence Market Overview, Artificial Intelligence Market Revenue, Artificial Intelligence Market Strategy, Artificial Intelligence Market Importance, Artificial Intelligence Market Characteristics, Artificial Intelligence Market Forecasts, Artificial Intelligence Market Types, Artificial Intelligence Market Manufacturers, Artificial Intelligence Market Companies, Artificial Intelligence Market Recent Trends, Artificial Intelligence Market Opportunity, Artificial Intelligence Market Insights, Artificial Intelligence Market Segmentations, Artificial Intelligence Market Regions, Artificial Intelligence Market Applications See Campaign: http://www.emergenresearch.com/industry-report/artificial-intelligence-market
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