The global artificial intelligence market size is expected to reach $169,411.8 million in 2025, from $4,065.0 million in 2016 growing at a CAGR of 55.6% from 2018 to 2025. Artificial Intelligence (AI) has been one of the most progressive technologies in computer science since its introduction in the 1950s. The developments in making more human-like robots and increase in rate of deployments in the developing regions have further transformed the overall market. Google, IBM, Microsoft, and Apple are some of the leading players of the global AI market.
The technology of machine-learning has driven exceptional increase in productivity. For instance, Google and Baidu have increased investment to expand their business capabilities in the AI market. Moreover, developments such as self-driving cars, space exploration, accurate weather predictions, and other prominent developments are boosting the demand for artificial intelligence technologies. However, limited availability of skilled and expert AI employees can negatively impact the growth of the AI Market.
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Prominent players profiled in the report are
Alphabet (Google Inc.)
Apple Inc.
Baidu
IBM Corporation
IPsoft
Microsoft Corporation
MicroStrategy, Inc
NVIDIA
Qlik Technologies Inc
Verint Systems Inc (Next IT Corp).
The AI market is segmented by technology, industry vertical, and geography. The various technologies are sub-divided into machine learning, natural language processing, image processing, and speech recognition. In 2016, the machine learning segment dominated the market, in term of revenue, and is expected to maintain this trend in the coming years, owing to increase in demand for artificial intelligence industry solutions. Based on industry verticals, the market is categorized into media & advertising, retail, telecom & IT, healthcare, automotive & transportation, and others (agriculture, law, educational institutions). The IT & telecom segment is anticipated to dominate the global artificial intelligence market throughout the forecast period. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2017, North America region contributed the highest revenue share in the artificial intelligence market and is anticipated to secure the leading position during forecast period, owing to the presence of key companies and large investment in the AI Market.
KEY MARKET SEGMENTS
BY TECHNOLOGY
Machine learning
Natural language processing
Image processing
Speech recognition
BY INDUSTRY VERTICAL
Media & advertising
BFSI
IT & Telecom
Retail
Healthcare
Automotive & transportation
Others (agriculture, law, educational institutions)
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Artificial Intelligence (AI) Market Segment by Regions, regional analysis covers:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
• Asia Pacific (China, Japan, India, Southeast Asia and Australia)
• Latin America (Brazil, Argentina and Colombia)
• Middle East and Africa
Table of Contents:
Global “Global Artificial Intelligence (AI) Market” Research Report 2019-2025
Chapter 1: Industry Overview
Chapter 2: Artificial Intelligence (AI) International and China Market Analysis
Chapter 3: Environment Analysis of Artificial Intelligence (AI)
Chapter 4: Analysis of Revenue by Classifications
Chapter 5: Analysis of Revenue by Regions and Applications
Chapter 6: Analysis of Artificial Intelligence (AI) Revenue Market Status.
Chapter 7: Analysis of Artificial Intelligence (AI) Industry Key Manufacturers
Chapter 8: Sales Price and Gross Margin Analysis
Chapter 9: Marketing Trader or Distributor Analysis of Artificial Intelligence (AI) Market
Chapter 10: Development Trend of Artificial Intelligence (AI) Industry 2019-2025
Chapter 11: Industry Chain Suppliers of Artificial Intelligence (AI) with Contact Information
Chapter 12: New Project Investment Feasibility Analysis of Artificial Intelligence (AI)
Chapter 13: Conclusion of the Global Artificial Intelligence (AI) Market Research Report
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