Press release
Artificial Intelligence Market by Technology-Global Opportunity Analysis and Industry Forecasts, 2014 - 2022
Machine Learning, Natural Language Processing, Image Processing and Speech RecognitionMedia & Advertising, BFSI, IT & Telecom
The artificial intelligence (AI) has been one of the most progressive technologies since its introduction in the 1950s. AI has characteristics that are similar to humans such as language understanding, reasoning, learning, problem solving, and more. Manufacturers have experienced enormous underlying intellectual challenges in the development and revision of this technology. However, it is anticipated to be a core for the next-gen software technologies as companies such as Google, IBM, Microsoft, and others are actively implementing AI as a crucial part of their technologies.
The artificial intelligence market is primarily driven by improved productivity, varied application areas, and increased customer satisfaction. However, market growth is expected to be hindered due to high upfront investment and lack of skilled workforce.
The artificial intelligence market is segmented by technology, industry vertical, and geography. By technology, it is sub-divided into machine learning, natural language processing, image processing, and speech recognition. By industry verticals, the market is categorized into media & advertising, retail, telecom & IT, healthcare, automotive & transportation, and others (agriculture, law, educational institutions). Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key manufacturers in the artificial intelligence market include Google Inc., IBM Corp., Microsoft Corporation, IPsoft, Rocket Fuel Inc., Qlik Technologies Inc., MicroStrategy, Inc., Brighterion, Inc., 24/7 Customer, Inc., and Next IT Corp.
POTENTIAL BENEFITS FOR STAKEHOLDERS
This study comprises analytical depiction of the world artificial intelligence market, with current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends for gaining a stronger coverage in the market.
The report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2014 to 2022, to highlight the financial competency of the market.
Porters five forces analysis illustrates the potency of the buyers and suppliers.
Value chain analysis provides a clear understanding of the roles of stakeholders involved.
MARKET SEGMENTATION
The market is segmented by technology, industry vertical, and geography.
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)
BY GEOGRAPHY
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
KEY MARKET PLAYERS PROFILED
Google Inc.
IBM Corp.
Microsoft Corporation
IPsoft
Rocket Fuel Inc.
Qlik Technologies Inc.
MicroStrategy, Inc.
Brighterion, Inc.
24/7 Customer, Inc.
Next IT Corp.
OTHER COMPANIES MENTIONED IN THE REPORT
Tekes, IntelliResponse Systems Inc., DeepMind Technologies, United Services Automobile Association, General Electric, Deep Knowledge, Netflix, Jarvis Corp, Rethink Robotics, Affectiva, BT Group, Relevance Cloud, North Face, Nuance Dragon, Apple Inc., Nissan, Maluuba, Bluemessaging, Facebook, Russian Promobot, Baidu, Yamaha Motor Co., Tapiatric, KUKA AG, Accenture, Wipro Ltd., Ramco Systems, Unisys Corporation, and Amtrak.
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WESTERN MARKET RESEARCH.
NEAR INDIRA SHANKAR NAGARI,
BHUSARI COLONY
KOTHRUD PUNE 411038
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