Artificial Intelligence Market is forecasted to value over USD 410.12 billion by 2028 end and register a CAGR of 39.6% from the forecast period 2021-2028.
The communications industry is growing at an exponential rate owing to the technological advancements in recent years and with the advent of 5G wireless network technology, this industry is bound to showcase exceptional growth numbers over the next few years. Key players of the smartphone industry have initiated the manufacturing and distribution of 5G -enabled smartphones in developed nations and these devices shall soon be regularized across the world. Furthermore, technologies like artificial intelligence and machine learning have paved the way for the development of autonomous vehicles and with governments across the world taking initiatives in building an infrastructure compatible with these vehicles, it is predicted to grow at a remarkable rate in the upcoming years. Entertainment and recreational industries like gaming are exponentially proliferating with the introduction of augmented reality (AR) and virtual reality (VR) thus improving the overall gaming experience. The gaming industry is gaining huge popularity across the globe owing to the organization of international tournaments with bigger prize pools thus helping technologies like AR and VR reach every single corner of the world.
The assessment of the Artificial Intelligence Market is performed considering various factors, like for instance, the business expansion policies of key players, competitive analysis of the progress of new entrants and emerging players, the revenue, financial, and opportunity analysis of market players. The Artificial Intelligence Market is also analyzed based on the regional segmentation, product or technique, end-user spectrum, etc. This research will be conducted with the implementation of the latest market research methodologies which shall help organizations comprehend the overall market scenario and strategize accordingly.
Major players included in the Artificial Intelligence Market:
• Microsoft
• IBM
• Intel
• Baidu
• Alibaba Cloud
• Iflytek
• Oracle
• Amazon Web Services
• Salesforce
• SAP
• SAS Institute
• Cisco
• Samsung
• HPE
• Siemens
• Huawei
• Nvidia
• General Vision
(Note: The list of the major players will be updated with the latest market scenario and trends)
Artificial Intelligence Market Segmentation:
By Offering
• Hardware
o Processors
o Microprocessing Unit
o Graphics Processing Unit
o Field Programmable Gate Arrays
o Other Processors
o Memory
o Network
• Software
o Application Program Interface
o Machine Learning Framework
• Services
o Deployment and Integration
o Support and Maintenance
By Technology
• Machine Learning
o Deep Learning
o Supervised Learning
o Unsupervised Learning
o Reinforcement Learning
o Other Technology
• Natural Language Processing
• Context-aware Computing
• Computer Vision
By Deployment Mode
• On-premises
• Cloud
By Organization Size
• Small and Medium-sized Enterprises
• Large Enterprises
By Business Function
• Finance
o Artificial Intelligence in Accounting
o Artificial Intelligence in Payroll
o Artificial Intelligence in Financial Planning and Analysis
• Security
o Identity and Access Management
o Risk and Compliance Management
o Encryption
o Data Loss Prevention
o Unified Threat Management
o Antivirus/antimalware
o Intrusion Detection/prevention Systems
o Other Security Solutions
• Human Resources
o Virtual Assistant
o Applicant Tracking & Assessment
o Personalized Learning and Development
o HR Analytics
o Job Recommendation
o Sentiment Analysis
• Law
o Ediscovery
o Legal Research
o Contract Analysis
o Case Prediction
o Compliance
o Other Applications
• Marketing and Sales
o Social Media Advertising
o Search Advertising
o Dynamic Pricing
o Virtual Assistant
o Content Curation
o Sales and Marketing Automation
o Analytics Platform
o Other Marketing and Sales Solutions
• Other Business Function
By Vertical
• Banking, Financial Services, and Insurance
o Enhanced Customer Experience
o Prediction Of Future Outcomes and Trends
o Robotic Automation Of Processes
o Credit Decisions
• Retail and Ecommerce
o Product Recommendation and Planning
o Customer Relationship Management
o Visual Search
o Virtual Assistant
o Price Optimization
o Payment Services Management
o Supply Chain Management and Demand Planning
o Other Applications
• Automotive, Transportation and Logistics
o Autonomous Driving
o Human-machine Interface
o Semiautonomous Driving
• Government and Defense
o Customer Service Chatbots
o Autonomous Drones
o Surveillance
o Predicting A Crime and Recommending Optimal Police Presence
o Identifying Fraudulent Benefits Claims
• Healthcare and Lifesciences
o Patient Data and Risk Analysis
o Lifestyle Management and Monitoring
o Precision Medicine
o Inpatient Care and Hospital Management
o Medical Imaging and Diagnostics
o Drug Discovery
o Virtual Assistant
o Wearables
o Research
• Telecommunication and IT
o Network Optimization
o Predictive Maintenance
o Virtual Assistants For Customer Support
• Energy and Utilities
o Energy Efficiency Decision-making
o Fault Prediction
o Artificial Intelligence in The Power Grid – Smart Grids and Sector Coupling
o Artificial Intelligence in Electricity Trading
o Artificial Intelligence in The Virtual Power Plant
o Artificial Intelligence in The Smart Water Meter
• Manufacturing
o Material Movement
o Predictive Maintenance and Machinery Inspection
o Production Planning
o Field Services
o Reclamation
o Quality Control
• Other Verticals
By Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
Artificial Intelligence Market Competitive Analysis:
• Tier-1 Players
• Tier-2 Players
• Emerging Players
• New Entrants
Future Market Analytics Focus Points:
• SWOT Analysis
• Key Market Trends
• Key Data -Points Affecting Market Growth
• Revenue and Forecast Analysis
• Growth Opportunities For New Entrants and Emerging Players
• Key Player and Market Growth Matrix
Objectives of the Study:
• To provide a comprehensive analysis on the Artificial Intelligence Market By Offering, By Technology, By Deployment Mode, By Organization Size, By Business Function, By Vertical and By Region
• To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)
• To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
• To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players
In case of any requirements or changes to the current table of content please contact us at:
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