Artificial Intelligence Market 2024 Overview and Analysis - PowerPoint PPT Presentation

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Artificial Intelligence Market 2024 Overview and Analysis


The artificial intelligence market is segmented by technology into robotics, digital personal assistance, querying method, deep learning context aware processing, and natural language processing. Robotics and natural language processing are the major contributing segments in the artificial intelligence market. – PowerPoint PPT presentation

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Title: Artificial Intelligence Market 2024 Overview and Analysis

Artificial Intelligence Market 2024- Present
Scenario and Growth Prospects Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
Regional Analysis of Artificial Intelligence
  • North America held the highest market share in
    2016 and is expected to grow at the highest CAGR
    from 2017 to 2024. Applications of AI in various
    sectors, such as agriculture, BFSI, media and
    advertising, consumer electronics,
    transportation, and automotive, majorly drive the
    industry growth.
  • Moreover, the presence of various software
    development companies and domestic
    multinational AI products in this region will
    further boost the artificial intelligence market
    growth in this region.

Application Analysis of Artificial Intelligence
  • The artificial intelligence market is segmented
    into retail, transportation automotive, oil
    gas, media advertising, manufacturing,
    healthcare, BFSI, and agriculture. Transportation
    automotive is projected to hold the largest
    market share in the application segment followed
    by healthcare and media advertising services.
    Rising adoption of AI in car infotainment and
    atomization will drive the segment growth over
    the forecast timeline.
  • Based on offerings, the artificial intelligence
    market is classified into products and services.
    The product segment including software and
    hardware held a substantial market share in 2016.
    The extensive development in AI-enabled hardware
    and software products are the major factors
    boosting the industry growth.

Competitive Market Share of Artificial
Intelligence Market
  • Various companies are currently offering advanced
    products and services according to the customer
    requirements. Key players in the artificial
    intelligence market include IBM Corporation,
    NVIDIA Corporation, Nuance Communications,
    Cognii, Quantum Simulations, Google, Inc.,
    Microsoft Corporation, and Intel Corporation. The
    companies are highly investing in RD activities.
  • Moreover, the major players are focusing on new
    product development with more computational
    efficiency. In October 2016, Google launched
    Pixel, the new smartphone equipped with a highly
    developed hardware and software along with
    several other state-of-the-art features. Pixel
    includes Google assist, which is a natural
    language processing tool it helps users to
    search answers and assist them in their daily


Browse Full Market Research Report On Artificial
Intelligence Market _at_ http// R
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