Growth of Artificial Intelligence (AI) Market are scheduled to accelerate at a high CAGR of 35% to reach above USD 521.3 billion by 2028 during Forecast Period from 2019 to 2028.
Artificial Intelligence (AI) Market Overview
Rapid development of the IT sector positively effects the market as novel solutions are launched by the key industry players. Strategic moves and developments such as partnerships, agreements, collaborations, and mergers provides a competitive edge to the Artificial Intelligence (AI) market.
The global Artificial Intelligence (AI) market is segmented created on component, deployment model, organization size, industry vertical, and geography.
However, high dependency on the internet and the concerns for cloud security restrain the Artificial Intelligence (AI) market growth in the market. Moreover, the rising adoption of cloud-based services by small and medium enterprises across the world is likely to deliver beneficial opportunities for the market to grow.
To allow the next wave of growth, technology companies should rededicate their efforts to improving transparency, agility, collaboration, sustainability, and digital innovation. Involving demand estimation, new product development and entry strategies, marketing and distribution strategies in the high-risk arena of new enlargements by helping you identify unmet needs.
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Artificial Intelligence (AI) Market Players
Following are the major Companies of Market - Alphabet Inc. (US), Microsoft Corporation (US), IBM Corporation (US), Baidu, Inc. (China), Intel Corporation (US), Samsung Electronics Co., Ltd. (South Korea), Amazon Web Services, Inc. (US), SAS Institute Inc. (US), Facebook, Inc. (US), SAP SE (Germany), and others
Market Segmentation:
Artificial Intelligence (AI) Market by Offering, 2019-2028, (In USD Billion)
- Hardware
- Processor
- Memory
- Network
- Software
- Application Program Interface (API)
- Machine Learning Framework
- Services
- Deployment And Integration
- Support And Maintenance
Artificial Intelligence (AI) Market by Technology, 2019-2028, (In USD Billion)
- Machine Learning
- Deep Learning
- Supervised Learning
- Unsupervised Learning
- Reinforcement Learning
- Other Technology
- Natural Language Processing
- Context-Aware Computing
- Computer Vision
Artificial Intelligence (AI) Market by Business Function, 2019-2028, (In USD Billion)
- Marketing And Sales
- Security
- Finance
- Law
- Human Resource
- Other Business Function ()
Artificial Intelligence (AI) Market by Vertical 2019-2028, (In USD Billion)
- BFSI
- Retail And Ecommerce
- Telecommunication And It
- Healthcare And Life Sciences
- Automotive
- Government And Defense
- Manufacturing
- Energy And Utilities
- Other Verticals (Education, Media And Entertainment And Travel And Hospitality)
Key geographies evaluated in this report are:
- North America
- S
- Canada
- Europe
- France, Germany, Italy, Spain, and the UK
- Eastern Europe
- CIS
- APAC
- China
- India
- Japan
- Australia
- Others
- Latin America
- Argentina
- Brazil
- Others
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Table of Content
- Introduction
- Research Methodology
- Executive Summary
- Market Insights
- Market Dynamics
- Technology Overview
- Artificial Intelligence (AI)- Market segmentation
- Key Vendor Profiles
- Investment Analysis
- Future of the Global Cloud Collaboration Market
Reasons to Purchase this Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
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