Press release
Artificial Intelligence (AI) Market to 2025 (55.6% CAGR Expected) Top Player Profiles - Alphabet (Google Inc.), Apple Inc., Baidu, IBM Corporation, IPsoft
Artificial Intelligence Market
Request Sample copy of this Report @ https://www.bigmarketresearch.com/request-sample/2650529?utm_source=Anil&utm_medium=OPR
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.
The technology of machine-learning has driven exceptional increase in productivity. For instance, Google and Baidu have increased investment to expand their business capabilities in the AI market. Moreover, developments such as self-driving cars, space exploration, accurate weather predictions, and other prominent developments are boosting the demand for artificial intelligence technologies. However, limited availability of skilled and expert AI employees can negatively impact the growth of the AI Market.
The AI market is segmented by technology, industry vertical, and geography. The various technologies are sub-divided into machine learning, natural language processing, image processing, and speech recognition. In 2016, the machine learning segment dominated the market, in term of revenue, and is expected to maintain this trend in the coming years, owing to increase in demand for artificial intelligence industry solutions. Based on industry verticals, the market is categorized into media & advertising, retail, telecom & IT, healthcare, automotive & transportation, and others (agriculture, law, educational institutions). The IT & telecom segment is anticipated to dominate the global artificial intelligence market throughout the forecast period. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2017, North America region contributed the highest revenue share in the artificial intelligence market and is anticipated to secure the leading position during forecast period, owing to the presence of key companies and large investment in the AI Market.
KEY MARKET SEGMENTS
BY TECHNOLOGY
o Machine learning
o Natural language processing
o Image processing
o Speech recognition
BY INDUSTRY VERTICAL
o Media & advertising
o BFSI
o IT & Telecom
o Retail
o Healthcare
o Automotive & transportation
o Others (agriculture, law, educational institutions)
Request discount of this Report : @ https://www.bigmarketresearch.com/request-for-discount/2650529?utm_source=OPR&utm_medium=Anil
Market Segment by Manufacturers, this report covers - Alphabet (Google Inc.), Apple Inc., Baidu, IBM Corporation, IPsoft, Microsoft Corporation, MicroStrategy, Inc, NVIDIA , Qlik Technologies Inc, Verint Systems Inc (Next IT Corp).
Contact us:
Mr. Abhishek Paliwal
5933 NE Win Sivers Drive, #205, Portland,
OR 97220 United States
Direct: +1-971-202-1575
Toll Free: +1-800-910-6452
E-mail: help@bigmarketresearch.com
About Us:
Industry executives tend to keep a tab on their business competitors. This keeps them updated on strategic business activities and investment trends. Company profiles are crucial to participating players of interconnected verticals.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Artificial Intelligence (AI) Market to 2025 (55.6% CAGR Expected) Top Player Profiles - Alphabet (Google Inc.), Apple Inc., Baidu, IBM Corporation, IPsoft here
News-ID: 1961193 • Views: …
More Releases from Big Market Research
Micro Drone Market to Witness a Pronounce Growth during 2025
The Global Micro Drone Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. Micro Drone Market research report offers extensive research and analysis of key aspects of the global Micro Drone market.
The report provides brief summary and detailed insights into the market by collecting data from the industry experts and several prevalent in the market. Besides…
Lancing Device Market VALUATION TO BOOM THROUGH 2025
The Global Lancing Device Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. Lancing Device Market research report offers extensive research and analysis of key aspects of the global Lancing Device market.
The report provides brief summary and detailed insights into the market by collecting data from the industry experts and several prevalent in the market. Besides…
VET Diagnostic Market Insights, Technology Advancements and Forecast 2025
The Global VET Diagnostic Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. VET Diagnostic Market research report offers extensive research and analysis of key aspects of the global VET Diagnostic market.
The report provides brief summary and detailed insights into the market by collecting data from the industry experts and several prevalent in the market. Besides…
Application Modernization Tools Market to Witness a Pronounce Growth during 2025
The Global Application Modernization Tools Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. Application Modernization Tools Market research report offers extensive research and analysis of key aspects of the global Application Modernization Tools market.
The report provides brief summary and detailed insights into the market by collecting data from the industry experts and several prevalent in…
More Releases for Artificial
Global Artificial Intelligence Market, Global Artificial Intelligence Industry, …
Major players in the artificial intelligence market are Google, IBM, Baidu, Microsoft, Apple Inc., Ipsoft, NVIDIA Corporation, Samsung Electronics Co.Ltd, and Micro Strategy Inc.
The Global Artificial Intelligence Market is expected to grow from USD 28.42 billion in 2019 to USD 40.74 billion in 2020 at a compound annual growth rate (CAGR) of 43.39%. The growth is mainly due to the COVID-19 health emergency across the globe that has led to…
Artificial Iris Market - Industry Analysis, Size, Share, Growth, Trends, and For …
The global Artificial Iris Market is anticipated to gain the market worth of US$ 16.28 million by 2025, expanding at a CAGR of 6.39% during the forecast period 2019-2025. The natural pupil controls the amount of light that enters the eye and people with pupil or iris abnormalities may experience glare or haloes in sunlight or bright artificial light. Patients may also feel self-conscious about the appearance of their eyes…
Global Artificial Organs Market Facts, Figures and Analytical Insights, 2018 to …
Artificial Organs Market Introduction
Artificial organ is an engineered device or tissue that is implanted into the human body. These artificial organs replace a natural organ in order to duplicate a specific function so that the patient can return to a normal life. It is a medical device with biochemical or mechanical function such as lung, heart, liver, kidney, or neurosensory organs.
Artificial organs are surgically implanted or are extra…
Artificial Turf Market – Sophisticated Need 2025 | Artificial Lawn, GrassTex
Global Artificial Turf Market: Overview
Artificial turf has garnered much popularity over the past decades due to the powerful appeal of many of its benefits. It has become a ubiquitous part of schools, colleges, municipalities, and state government buildings. Benefits such as the need for no garnish or irrigation, easy installation, and suitability in enclosed, arched, or enclosed spaces, wherein the lack of adequate sunshine may make the maintenance of natural…
Artificial Turf Market – Global Need Assumptions 2025 | Artificial Lawn, Grass …
Global Artificial Turf Market: Snapshot
Growth opportunities abound in the global market for artificial turf as residential and commercial property owners increasingly focus on ways of keeping lawns green even during the rising incidences of draughts across the globe. Along with providing an easy way of conserving the water otherwise spent on keeping natural grass alive, artificial grass, or artificial turf as it is often referred to, helps eliminate the need…
Artificial Organ Bank Market, Artificial Organ Bank Industry, Global Artificial …
Latest industry research report on: Global Artificial Organ Bank Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
Organ necessity is surpassing the supply of donated organs. Even today there are loads of patients waiting for organ transplant but not everyone can get it done due to the low supply of organ transplant.According to the American Transplant Foundation in United States about 123,000 patients are waiting…
