The latest research report on Artificial Intelligence Market delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrate its growth trends and competitive landscape as well as the key players in the business.
Global Artificial Intelligence Market is valued at USD 2189.4Million in 2018and expected to reach USD 18087.8 Millionby 2025 with the CAGR of 35.21% over the forecast period.
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Scope of Global Artificial Intelligence Market Report–
Artificial intelligenceis the term used to describe a machine’s ability to simulate human intelligence. Artificial intelligence uses the techniques such as natural language processing, machine learning, adaptive learning, deep learning, and computer vision to analyze enterprise data and provide detailed insights which helps in making informed decisions for enhanced management of the enterprise.It is brining drastic changes in technological fields, where it can be implemented to automate the system for better efficiency and performance. Similarly, in healthcare sector, AI is playing a vital role in empowering the machines to diagnose, analyze and predict the various types of diseases to monitor the patients’ health conditions.Andit also helps the scientists to explore the new drug discoveries and medicine development and helps the people to get well soon and avoid health problems in their life. AI is now getting integrated into multiple fields, and further there is too much scope to penetrate in new fields and industries to improve their efficiency and productivity.
Global Artificial Intelligence market report is segmented on the basis of solutions, technology, end-user and regional & country level. Based upon solutions, artificial intelligence market is classified intohardware (HW), software (SW) and services. Based upon technology, artificial intelligence market is classified into deep learning, machine learning, natural language processing and machine vision. Based upon end user, artificial intelligence market is classified into healthcare, BFSI, law, retail, advertising or media, automotive & transportation, agriculture, manufacturing and others.
The regions covered in this Global Artificial Intelligence market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level market ofArtificial Intelligenceis sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Artificial Intelligence Market Report–
Global Artificial Intelligencemarketreport covers prominent players likeGoogle Inc., IBM Corporation, Albert Technologies, Salesforce.com, Inc., Intel Corporation, Amazon.com, Inc., NVIDIA Corporation, Microsoft Corporation, and Sentient Technologies Holdings Ltd. and others.
Albert Technologies Raised USD18 Million for AI Platform that Automates Marketing Campaigns.
July 4th, 2018; There are Tailor Brands, which recently raised USD15.5 million to grow its AI-powered platform that automatically creates company brands. It’s against this backdrop that Albert Technologies is setting out to disrupt the digital marketing sphere with an AI platform that automatically generates campaigns for brands around the world. This week, Albert announced that it has risen a fresh USD18 million in funding from institutional investors that include Schroder Investment Management, Hargreave Hale, and Old Mutual Global Investors. The round adds to an initial USD 42 million the company raised at its 2015 London IPO, back when it was known as Algorithms.
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Increasing Demand of the Digital Computation Power, Data Technology and Digitization of the Various Industries are some of the Major Factors Driving the Growth of Global Artificial Intelligence (AI) Market
The growth of the artificial intelligence (AI) market is driven by factors such as increasing demand of the digital computation power, data technology, digitization of the various industries and cloud based services. The evolution of artificial intelligence (AI) techniques and the increased gathering of data require an increasing ability to perform computations.Data technology sector includes solutions for data management, and products or services that are based on data generated by both human and machines. Technology Facts and Stats stated that 8 billion devices will be connected to the internet by 2020. 90% of the world’s data has been created in the last couple of years. Digitization of the industry is also one of the major factors which helps to drive the growth of this market. Digitization is certainly the biggest trend in industrial organizations recently. 91% of industrial companies are investing in digital factories. According to GE Digital Industrial Evolution Index, 80% of industry executives believe the IIoT has the potential to be transformational, and 86% believe digital industrial transformation is critical for growth and competitiveness. However, lack of skilled labor and concerns about data sharing are estimated to hinder the growth of the market.In spite of that, growing demand for enhancing business functions and emerging innovation across industries cam createvarious growth opportunities for AI solutions in the coming years.
North America is Expected to Dominate the Global Artificial IntelligenceMarket
North America is expected to dominate the globalartificial intelligence market due tothe increasing number of internet users, connected devices & rising investment by big technocrats in this region. According to internet stats of web hosting; The United States has the third highest number of internet users by country, with 293 million. Users of all ages, use the Internet in the U.S. However, a greater percentage of younger users are online. The U.S. leads the global technology innovation.Asia pacific is second largest region in this market due to the presence of key AI technology providers coupled with extensive advanced technology adoption across the region.Europe is also expected to show significant growth in artificial intelligence market over the forecast period due toincreasing adoption of AI in this region.
Key Benefitsfor GlobalArtificial IntelligenceMarketReport–
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
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Global Artificial Intelligence Market Segmentation:–
Natural Language Processing
Advertising & Media
Automotive & Transportation
ByRegional & Country Analysis: (North America, U.S., Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, Latin America, Brazil, Mexico, Middle East and Africa, GCC, Africa, Rest of Middle East and Africa)
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Artificial Intelligence Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Artificial Intelligence Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Artificial Intelligence Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
3. Chapter – Global Artificial Intelligence Market Overview: Quantitative Analysis
4. Chapter – Global Artificial Intelligence Market Analysis: Segmentation By Type
5. Chapter – Global Artificial Intelligence Market Analysis: Segmentation By Application
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