Artificial Intelligence in Education Market Synopsis:
The necessity for high-end technology solutions forms an important component of the progress of the market in the forecast period.Reports that judge the information and communication technology industry has been offered by Market Research Future, which generates reports on industry verticals that judge the market development and possibilities. The market is expected to be revitalized with a 47.09 % CAGR leading to revenue generation of USD 14.77 billion in the duration of the assessment period.
The escalated pace of R & D in the sector is anticipated to play a strong role in the progress of the Artificial Intelligence in Education Market. The growing influence of environment-friendly technologies is expected to boost the innovations being initiated in the market in the upcoming period.
Moreover, the effect of the boom in industrial internet of things and widespread usage of robotics, which is expected to gain momentum is motivating the market for artificial intelligence in manufacturing.
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The market is also improving in several efforts to brace itself while fortifying its position against the slowdown in the global economy. Moreover, the emphasis is also being placed on the backend processes by integrating tools that can enhance the productivity of the market in the forecast period. A burgeoning user base is expected to play an instrumental role in the progress of the market in the approaching period.
The market has established a proper tone for the development that is to be undertaken in the upcoming period. The market players are crafting strategies that deliver a high output rate from existing resources or don’t require a massive investment to obtain. The assets are continually being assessed to ensure that functioning is at an optimum level while keeping breakdowns at a bare minimum. The geopolitical factors are expected to play a critical role in the long-term expansion of the market in the upcoming period.
The importantplayers in the artificial intelligence in manufacturing market are Intel, Inc., IBM Corporation, SAP SE, Siemens AG, General Electric Company, Nvidia Corporation, Microsoft Corporation, Amazon Web Services, Bosch, Rockwell Automation, Google, Inc., Cisco Systems, Foxconn, and others. among others.
The segmental overview of the artificial intelligence in manufacturing market is carried out on the basis of component, technology, end-user, and region.
- On the basis of component,the segmentation of the artificial intelligence in manufacturing market comprises of hardware, services, and software.
- On the basis of technology, the artificial intelligence in manufacturing market consists of natural language processing, machine learning & deep learning, context-aware computing, and computer vision.
- By application, the artificial intelligence in manufacturing market has been segmented into supply chain management, IT management,predictive maintenance, quality control, field services, robotics, and others.
- Based on the vertical, the artificial intelligence in manufacturing market has been segmented into automobile, semiconductor & electronics, energy & power, aerospace & defense, food & beverage, pharmaceuticals, and others.The regions that are considered a part of the artificial intelligence in manufacturing market are North America, Europe, APAC and other regions of the world.
Detailed Regional Analysis:
The regional examination of the artificial intelligence in manufacturing market consists of regions such as Europe, North America, APAC, and other regions of the world.As per the analysis, the artificial intelligence in manufacturing market is currently dominated by the AsiaPacific region as the primary economiesin the region are the key manufacturing centers of electronics, energy & power, semiconductors, and pharmaceuticals. Additionally, the growing adoption of robots in manufacturing procedures is anticipated to support the region in dominating the market throughout the forecast period.
The North American region is the next highest supplier in artificial intelligence market. The Artificial intelligence (AI) in the manufacturing market in the European region is expected to gain high impetusthroughout the forecast period owing to growing adoption of industry 4.0 and robotics in the aerospace and automotive industry.
Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
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List of Tables
Table1 Global Ai In Education Market, By Country, 2018–2023
Table2 North America: Ai In Education Market, By Country, 2018–2023
Table3 Europe: Ai In Education Market: By Country, 2018–2023
List of Figures
Figure 1 Global Ai In Education Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of Ai In Education Market
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