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Artificial Intelligence Market

Artificial Intelligence Market

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SKU ID :
GIR-15335570

Publishing Date:
26-Feb-2020

No. of pages:
325

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The artificial intelligence market is expected to grow at a CAGR 35.89% rate during the forecast period. Factors such as the increasing adoption of cloud-based applications and services, growing big data, and increasing demand for intelligent virtual assistants are expected to drive the market. The major restraint for the market is the limited number of AI technology experts.

The market has been segmented into hardware, software, and services on the basis of offerings. The adoption of AI is rapidly increasing in various applications. As AI is a complex technology requiring the implementation of sophisticated algorithms, AI-based systems require deployment and integration, and support and maintenance services. Also, most companies that manufacture and develop AI-based systems and related software provide both online and offline support, depending on the application.

The artificial intelligence market has been segmented into machine learning (ML), natural language processing (NLP), context-aware computing, and computer vision on the basis of technology. Computer vision is expected to grow at the highest CAGR. The growing adoption of computer vision in autonomous and semiautonomous applications in various industries, such as manufacturing and automotive, is propelling the growth of this technology in the AI market.

Manufacturing segment is expected to grow at the highest CAGR during the forecast period. Increasing data volume derived from the manufacturing value chain has led to the involvement of AI-enabled data analytics in the manufacturing sector. In addition, several industry initiatives, such as Industry 4.0, a connected manufacturing initiative by the Government of Germany, have proliferated the growth of AI-enabled devices in manufacturing.

APAC is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing adoption of deep learning and NLP technologies in finance, agriculture, marketing, and law applications in APAC. Moreover, the presence of major players in market ecosystem results in the increasing adoption of these systems in APAC.

Key market players include Intel (US), NVIDIA (US), Xilinx (US), Samsung (South Korea), Facebook (US), Micron Technology (US), IBM (US), Google (US), Microsoft (US), and AWS (US).

1.Introduction

Market Definition

Study Scope

Study Period

Stakeholders

2. Research Methodology

Secondary Research

Primary Research

Research Design

Data Validation

Limitation and Assumptions

3. Executive Overview

4. Market Overview

Drivers

Restraints   

Opportunities

Challenges

5. Artificial Intelligence Market, By Industry

Automotive

Agriculture

Security

Marketing

Healthcare

Manufacturing

Retail

Human resource

Law

Others

6. Artificial Intelligence Market, By Offering

Software

Hardware

7. Artificial Intelligence Chipsets Market, By Technology

Natural language processing

Machine learning

Context-aware computing

Computer vision

8. Artificial Intelligence Chipsets Market, By Region

North America

   US

    Canada

Europe

    UK

    Germany

    Spain

    France

    Turkey

    Rest of Europe

Asia Pacific

    China 

    Japan

    South Korea

    India 

    Australia

    Rest of APAC

Middle East

    UAE

    Saudi Arabia

    Rest of Middle East

Rest of the World

    Latin America

    Africa

9. Company Profiles

IBM Corporation

Microsoft Corporation

Alphabet Inc.

Dataprm

General Vision Inc.

Google Inc.

Intel Corporation

Nvidia Corporation

General Electric Company

Sight Machine

10. Appendix

About

Abbreviations

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