Press release
Artificial Intelligence industry robust Because of Increasing number of AI applications and adoption of these applications in various segments, Top Profiled Companies are Microsoft Corporation, General Vision, Enlitic, Inc., Next IT Corporation, iCarbonX
Global Artificial Intelligence Market- Industry Trends and Forecast to 2025
The Global Artificial Intelligence Market accounted for USD 16.14 billion in 2017 and is projected to grow at a CAGR of 37.3% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Artificial Intelligence Market By Offering (Hardware, Software and Services), By Technology (Machine Learning, Natural Language Processing and others), By Type (Artificial Neural Network, Digital Assistance System and others), By Application (Deep Learning, Smart Robots and others), By End-User Industry (Healthcare, Manufacturing and others) and By Geographical Segments- Industry Trends and Forecast to 2025
Top Competitors:
Welltok, Inc.,
Intel Corporation,
Nvidia Corporation,
Google Inc.,
IBM Corporation,
Microsoft Corporation,
General Vision,
Enlitic, Inc.,
Next IT Corporation,
iCarbonX,
Amazon Web Services,
Apple,
Facebook Inc.,
Siemens,
General Electric,
Micron Technology,
Samsung,
Xillinx,
Iteris,
Atomwise, Inc.,
Lifegraph,
ly, Inc.,
Zebra Medical Vision, Inc.,
Baidu, Inc.,
H2O ai,
Enlitic, Inc.
Raven Industries.
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Market Definition:
Artificial Intelligence (AI) is a creation of wise and smart machines that work, respond and react like people. It is utilized to enhance the proficiency of day by day undertakings. Advancing innovation, selection of robots and drones, driverless tractors, crop health checking, and automated water system framework are a part of the applications that credited to the high development of the global artificial intelligence in agriculture AIA showcase. Highly proficient yield examination is offered by drones and software programming advancements, for example, radars and GPS framework, empower to reduce weight on existing stressed workforce. In addition, remote detecting systems are also used to view the quality and yield creating capacity of a farming area.
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Major Market Drivers:
High Information and data storage capacity
High computing power and parallel processing capabilities.
Increasing number of AI applications and adoption of these applications in various segments.
Lack of people power
Data inefficiency in building proper AI algorithms.
Competitive Analysis:
The global artificial intelligence market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of artificial intelligence market for global, Europe, North America, Asia Pacific and South America.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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