Global Artificial Intelligence Market, By Offering (Hardware, Software and Services), Technology (Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision), Type (Narrow / Weak AI and General / Strong AI), End-User Industry (Healthcare, Manufacturing, Automotive, Agriculture, Retail, Security, Human Resources, Marketing, Law, Fintech, Construction, Defense, Aerospace, Supply Chain, Building Automation, Consumer, Food and Beverage, Gaming, Media and Entertainment, Telecommunication and Oil and Gas), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Artificial intelligence market is expected to grow at a CAGR of 39.44% in the forecast period of 2020 to 2027. Data Bridge Market Research report on artificial intelligence market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Artificial intelligence is described as the engineering and science of making smart computer systems capable of exhibiting human-like intelligence (natural intelligence) & directly executing tasks without any human interference.
Big data is growing rapidly, adopting cloud-based applications and services and increasing demand for assistants of intelligent virtual are the factors driving the growth of the artificial intelligence market. Limited numbers of AI experts are restraining the artificial intelligence market. Adopting AI for improving customer service acts as an opportunity. Data privacy concerns are challenges faced by the artificial intelligence market.
This artificial intelligence market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research artificial intelligence market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Artificial Intelligence Market Scope and Market Size
Artificial intelligence market is segmented on the basis of offering, type, technology and end-user industry. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on offering, artificial intelligence market is segmented into hardware, software and services.
- Based on type, artificial intelligence market is segmented into narrow / weak AI and general / strong AI.
- Based on technology, artificial intelligence market is segmented into machine learning, natural language processing, context-aware computing, computer vision.
- Based on end-user industry, artificial intelligence market is segmented into healthcare, manufacturing, automotive, agriculture, retail, security, human resources, marketing, law, fintech, construction, defense, aerospace, supply chain, building automation, consumer, food and beverage, gaming, media and entertainment, telecommunication and oil and gas.
Artificial Intelligence Market Country Level Analysis
Artificial intelligence market is analysed and market size, volume information is provided by country, offering, type, technology and end-user industry as referenced above.
The countries covered in the market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific will dominate the artificial intelligence market because of the increasing adoption of NLP technologies and deep learning in finance, marketing, agriculture and law applications. Growing e-commerce, increasing internet penetration and online streaming have resulted in the growth of marketing industries in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Artificial Intelligence Market Share Analysis
Artificial intelligence market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to artificial intelligence market.
The major players covered in the artificial intelligence market report are Advanced Micro Devices, Inc., Aicure, LLC, Arm, Ltd., Atomwise, Inc., AYASDI AI LLC, Baidu Inc., ClariFI, Inc., Cyrcadia Health, Enlitic, Inc., H2O.ai, Google LLC, Hyperverge, Inc., IBM, Intel Corporation, IRIS AI AS, Lifegraph Ltd., Microsoft, Nividia Corporation, Sensley Inc., Zebra Medical Vision, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Artificial Intelligence Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.