Global Artificial Intelligence (AI) Market valued approximately USD 16 billion in 2016 is anticipated to grow with a healthy growth rate of more than 36% over the forecast period 2017-2025. Global Artificial Intelligence (AI) Market valued approximately USD 16 billion in 2016 is anticipated to grow with a healthy growth rate of more than 36% over the forecast period 2017-2025. Artificial intelligence helps the businesses to use resources effectively and efficiently and in turn, leads to better ROI for the existing stakeholders.
Many organizations which low and middle-income range are has started to get benefits from AI’s capabilities, converting into greater opportunities for small entrepreneurs to develop new business. AI is considered as next marvelous technological development, just like the revolutionary of industries, the computer era, and emergence smartphone technology. Moreover, the advent of image, face and voice recognition technologies are likely to catapult the market growth in the 21st generation.
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The Asia Pacific AI market is anticipated to be the fastest-growing market, owing to the rapid improvement in Data Storage capacity, high computing power, great output and processing which leads to a good contribution to the growth of artificial intelligence technology in the end-user organization such as automotive and healthcare. Particularly in healthcare, Artificial Intelligence (AI), is expected to bring revolutionary changes in terms of reduction in terms of healthcare cost reduction and quality treatment in the region.
This report defines, describe, and forecast the overall market segmented on the basis of components, technologies, end-use industries, and regions. It analyzes the markets with the respect to individual growth trends, prospects, and contributions to the artificial intelligence market, opportunities in the markets through various stakeholders by identifying the high-growth segments of the market. It also analyzes the various strategic development, merger and acquisition, product launches, and main research and development in artificial intelligence market.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
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Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
> Hardware
> Software
> Services
By Technology:
> Deep Learning
> Machine Learning
> Natural Language Processing (NPL)
> Market Vision
By End-Use:
> Healthcare
> BFSI
> Law
> Retail
> Advertising & Media
> Automotive & Transportation
> Agriculture
> Manufacturing
> Others
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By Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Latin America
o Brazil
o Mexico
> Rest of the World
Questions & Answers Market Research/Analysis Report Contains to your following:
- What is the current size of the market and how is it expected to grow in the future?
- What are the key drivers influencing market growth?
- What are the major challenges or constraints faced by market participants?
- What are the emerging trends and opportunities in the market?
- Who are the major competitors in the market and what is their market share?
- What are the key customer segments and their preferences within the market?
- What are the regional or geographic trends and variations within the market?
- What are the regulatory and legal factors impacting the market?
- What are the technological advancements or innovations shaping the market?
- What are the pricing trends and strategies observed in the market?
- What are the distribution channels and their effectiveness in reaching the target market?
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