Press release
Artificial Intelligence Market Opportunities, Demand and Forecasts (2020-2026)
Artificial Intelligence Market
To Gain More Insights into the Artificial Intelligence Market Analysis, Browse Summary of the Research Report - https://www.fortunebusinessinsights.com/industry-reports/artificial-intelligence-market-100114
List of Key Players Mentioned:
Alphabet (Google Inc)
Apple Inc
Baidu
IBM Corporation
IPsoft
Microsoft Corporation
MicroStrategy, Inc
NVIDIA
Qlik Technologies Inc
Verint Systems Inc
"The Natural Language Processing Segment to Witness Growth Driven by Extensive Usage of AI"
The report classifies the global artificial intelligence (AI) market on the basis of components, technology, industry vertical, and geography. In terms of technology, the market is divided into machine learning, computer vision, natural language processing, and others. Out of these, the natural language processing segment is expected to gain the highest share of the global artificial intelligence (AI) market during the forecast period. This will occur because of the application of AI techniques in analyzing natural language in spoken as well as written forms.
Request a Sample Copy for more detailed Artificial Intelligence Market Overview - https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/artificial-intelligence-market-100114
"Google, Amazon and Other Prominent Market Players to Gain Competitive Edge Through Innovative Product Launches and Strategic Partnerships"
In January 2017, Google launched its Cloud AutoML. It uses Google's Cloud Vision application programming interface and Cloud Machine Learning Engine service. AutoML is used by several prominent companies, such as Urban Outfitters and Disney. It is making search and shopping on their particular websites more relevant. It also supports image recognition that allows consumers to drag the images and train their systems to recognize those on Google cloud. In October 2018, Amazon started providing AI-as-a-service under its AWS banner with 'Amazon AI'. The company will begin expanding the global AI market through this strategy. The system will allow developers to build applications with various tools. AstraZeneca plc, a multinational pharmaceutical and biopharmaceutical company, based in the U.K., announced that it has partnered with Ali Health, a subsidiary of Alibaba, earlier in 2018. The aim of the collaboration was to develop an AI-enhanced diagnostics and screenings applications in China.
Analysis by Market Segmentation:
By Component
By Technology
By Industry Vertical
By Region
"Increasing Adoption of Cloud-based Applications and Services to Propel the Market"
The report suggests that a rise in the demand for intelligent virtual assistants is likely to boost the global artificial intelligence (AI) market growth. Additionally, expansion of the connected device market, increasing investments in 5G technology, and rising adoption of cloud-based services and applications will contribute to the growth. However, at present, the number of experts working in the field of AI technology is very limited. This is why artificial intelligence market is facing numerous challenges in recent years. Unreliability of AI algorithms and data privacy are two of the most concerning factors affecting the AI market. There is a huge potential for improvements in customer service in the retail sector. Combined with this, improvements in efficiency in the manufacturing industry will also occur. There is also a rise in the number of personalized and high-quality AI-enhanced products in the market which will also contribute to the overall global market growth.
Speak to our Analyst for any Queries about Artificial Intelligence Market Research Report - https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/artificial-intelligence-market-100114
Contact:
Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245
About Us:
Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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