Artificial Intelligence - Booming Industry in High Tech, Enterprise & Consumer IT

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AI is associated to human intelligence with
similar characteristics such as language
understanding, reasoning, learning, problem
solving, and others.
Artificial Intelligence (AI) Market
GLOBAL OPPORTUNITY AND FORECAST 2018- 2025
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WAREHOUSE ROBOTICS MARKET ANALYST REVIEW
The North American market is the most productive
as compared to others with diverse industry
verticals implementing artificial intelligence to
a greater extent. Moreover, various new startups
are investing in AI technologies, as demand for
cloud applications is increasing to analyze large
amount of data. Further, it is projected to
generate the highest market revenue over the
forecast period with predominant deployments in
the IT telecom and BFSI industries. Komal
Sharma Sr. Research Analyst at AMR
 
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CURRENT AND FUTURE MARKET SCENARIO

• The global artificial intelligence market was
  valued at 4,065.0 million in 2016.
• The global artificial intelligence market is
  expected to reach 169,411.8 million by 2025.
• The global artificial intelligence market growing
  at a CAGR of 55.6 from 2018 to 2025. 
• The IT Telecom segment dominated the global
  artificial intelligence market, in terms of
  revenue.
• Machine learning segment is projected to grow at
  a CAGR of 56.4 during the forecast period

Top Investment Pockets North America is
projected as one of the fastest growing region in
the artificial intelligence market and is
expected to witness high growth rate.
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TOP IMPACTING FACTORS TO MARKET GROWTH

• Increase in investment in AI technologies
• Growth in demand for analyzing and interpreting
  large amounts of data.
• Increased customer satisfaction and increased
  adoption of reliable cloud applications

The machine learning segment secured the highest
share of about 52.0 in the artificial
intelligence market in 2016 and is expected to
grow at a CAGR of 56.4 during the forecast
period. 
In terms of industry vertical, IT telecom
sector is expected to contribute the highest
market share in the coming years, as various new
startups are investing in artificial intelligence
solutions. Moreover, the rapid urbanization,
technological advancement, and increase in demand
for cloud applications has fueled the demand for
AI technologies in developing economies.
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ARTIFICIAL INTELLIGENCE MARKET SEGMENTATION

• BY VERTICAL
• Media advertising
• BFSI
• IT Telecom
• Retail
• Healthcare
• Automotive transportation

• BY TECHNOLOGY
• Machine learning
• Image processing
• Speech recognition
• Natural language processing

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GEOGRAPHICAL OVERVIEW

• Based on region, it is analyzed across North
  America, Europe, Asia-Pacific, and LAMEA.
• North America dominated the global market, in
  terms of revenue, accounting for about 49.0
  share of the global market, followed by Europe.

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DOMINATING MARKET PLAYERS PROFILED IN THE STUDY

• Alphabet (Google Inc)
• Apple Inc.
• Baidu
• IBM Corporation
• Ipsoft
• Microsoft Corporation
• MicroStrategy, Inc.
• NVIDIA
• Qlik Technologies Inc
• Verint Systems Inc (Next IT Corp)

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A Report Titled Artificial Intelligence (AI)
Market - Opportunities and Forecast, 2018
2025 has been recently published by Allied
Market Research. It makes an In-depth Analysis of
current trends, drivers, and restraining factors
that affect Financial Ratios relevant to the
industry. Company profiles for key vendors in
business builds a comprehensive picture of
profitable opportunities from Stakeholders
Perspective. To Know More About Artificial
Intelligence (AI) Market - Opportunities and
Forecast 2018-2025 https//www.alliedmarketresearc
h.com/artificial-intelligence-market Get PDF
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