openPR Logo
Press release

What's driving the Artificial Intelligence (AI) in Manufacturing Market trends? AWS, Falkonry, Google, Intel, Nvidia, Microsoft, Qualcomm, Progress Software, Oracle, UBTECH Robotics, Sight Machine, Landing, IMB, Graphcore, General Vision

05-04-2020 12:34 PM CET | IT, New Media & Software

Press release from: marketstudyreport.com

/ PR Agency: marketstudyreport
What's driving the Artificial Intelligence (AI)

Global AI (Artificial Intelligence) In Manufacturing Market to Cross USD 16 Billion By 2025
According to the research report titled 'Artificial Intelligence (AI) in Manufacturing Market Size By Component Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2019 - 2025', available with Market Study Report LLC, artificial intelligence in manufacturing market is expected to exceed USD 16 billion by the year 2025.

Surging venture capital investments and rapid digitalization of manufacturing processes are driving the growth of worldwide artificial intelligence in manufacturing industry. Large amounts of data generated due to industrial digitalization is fostering the demand for advanced data analytics and AI technologies in manufacturing processes across the globe.

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/1689429/?utm_source=Openpr.com&utm_medium=AN

The prominent companies operating in artificial intelligence in manufacturing industry are Vicarious, AWS, Falkonry, Google, Intel, Nvidia, Microsoft, Qualcomm, Progress Software, Oracle, UBTECH Robotics, Sight Machine, Landing, IMB, Graphcore, General Vision, Canvas Analytics and Advanced Micro Devices among others.
Emergence of Industry 4.0 and growing focus towards improving productivity while minimizing operational costs are further aiding the market expansion. Adoption of these advanced technologies has allowed manufacturers to predict the consumer demand and further align their respective operations according to the consumer requirements.

As per component type, hardware segment presently accounts for 57% share in the overall market, primarily due to growing integration of artificial intelligence solutions across various industries. Meanwhile, GPU (graphic processing unit) segment holds 45% market share owing to growing demand for high processing capabilities and improved visual content.

In terms of technology, machine learning segment held 47% revenue share in 2018 and is presumed to expand continuously through 2025. The technology not only enhances quality management throughout all the stages of the manufacturing process, but also predicts the product quality at an early stage of development. On the other hand, computer vision segment is expected to grow with a CAGR of 45% during 2019-2025, owing to increasing utilization of automation and IoT solutions.
Considering the geographical landscape, Asia-Pacific held 43% share of global artificial intelligence in manufacturing market in 2018. High concentration of advanced manufacturing facilities in South Korea, Japan and China along with surging incorporation of Industry 4.0 are promoting the business scenario in APAC.

Request a discount on standard prices of this report at: https://www.marketstudyreport.com/check-for-discount/1689429/?utm_source=Openpr.com&utm_medium=AN

Question & Answer: Artificial Intelligence in Manufacturing Industry
Question 1: What factors are fueling the demand for artificial intelligence technology in manufacturing sector?
Answer: Large amounts of data generated due to industrial digitalization is fostering the demand for advanced data analytics and AI technologies in manufacturing processes across the globe.
Question 2: Why are machine learning solutions being incorporated across manufacturing facilities?
Answer: Machine learning technology not only enhances quality management throughout all the stages of the manufacturing process, but also predicts the product quality at an early stage of development, which is favoring its popularity.
Question 3: Will APAC generate substantial revenues for artificial intelligence in manufacturing market?
Answer: High concentration of advanced manufacturing facilities in South Korea, Japan and China along with surging integration of Industry 4.0 are promoting the business scenario in APAC.
Question 4: How is the competitive terrain of artificial intelligence in manufacturing industry defined?
Answer: The prominent companies operating in artificial intelligence in manufacturing market are Vicarious, AWS, Falkonry, Google, Intel, Nvidia and Microsoft among others.

Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog

About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

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 What's driving the Artificial Intelligence (AI) in Manufacturing Market trends? AWS, Falkonry, Google, Intel, Nvidia, Microsoft, Qualcomm, Progress Software, Oracle, UBTECH Robotics, Sight Machine, Landing, IMB, Graphcore, General Vision here

News-ID: 2032995 • Views: 183

More Releases from marketstudyreport.com

Covid -19 Impact on Video Conferencing Market Size 2026: Top Companies, Trends a …
Market Study Report recently introduced new title on “2020-2026 Global Video Conferencing Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates Market size outlook and status to 2026. Video Conferencing Market size is anticipated to grow at over 19% CAGR between 2020 and 2026. The global video conferencing market is set to register a tremendous rise in its growth
What's driving the Patient Monitoring Devices Market Size? Fukuda, Philips, Skan …
Selbyville, Delaware the prime objective of Patient Monitoring Devices report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. Wireless segment is anticipated to witness more than 5% growth over the forecast period. Substantial growth can be attributed to rising preference for
What's driving the 3D Implants Market trends? Stryker, Smith and Nephew, DJO Glo …
The 3D Implants market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. Request a sample Report of 3D Implants Market at: https://www.marketstudyreport.com/request-a-sample/2679238/?utm_source=OPR.com/&utm_medium=SP The most likely (base case) scenario
Artificial Vascular Implants Market is thriving worldwide by 2025 | Top Key Play …
Global Artificial Vascular Implants Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2025. Artificial Vascular Implants Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Artificial Vascular Implants market and provides information regarding the revenue for the period 2020 to 2025. The Artificial Vascular Implants market report provides

All 5 Releases


More Releases for Intel

Comodo Announces Intel Application Certification Service
Jersey City, NJ, August 10, 2011 - Comodo (comodo.com), a leading certificate authority and Internet security organization, today announced that it will provide code signing services to the Intel AppUpSM developer program. Comodo will offer fully subsidized one-year Code Signing Certificates to the Intel AppUp developer program community to address the program requirement that all Windows-based applications (.MSI, .JAR and .AIR) be signed by a Certification Authority (CA). Code Signing Certificates
Krypton Softwares joins Intel® Software Partner Program
Krypton Softwares, an offshore software development service provider based in India today announced that it has joined the Intel® Software Partner Program, a set of premium Intel services to help partners expand their sales, reach and increase customer confidence through Intel® Certified Solutions Program. “As a program member, we will receive insights into Intel's future technology roadmap and access a variety of tools and resources to shorten our software development time.
Mini-PC for current Intel Core processors
Shuttle XPC Barebone SH55J2 supports Intel Core i3, Core i5 and Core i7 Shuttle Inc., a leading developer and manufacturer of multi-form-factor solutions such as the world-famous XPC Mini-PC Barebones, today announces the launch of its new XPC Barebone SH55J2. Now, for the first time, a single Mini-PC supports all Intel Core variants for socket 1156. From today, the SH55J2 brings you a Mini-PC platform which utilizes all the features of the
Intel Distributes ESET Security Software With Intel® Desktop Boards
ESET Validates Market Strength as Industry-Leading AV Solution Dubai, United Arab Emirates, September 23, 2009 – ESET, the leader in proactive threat protection, announced today that Intel will distribute ESET security software products with Intel-branded desktop motherboards starting in Q1 2010. As a result of the distribution agreement, Intel Desktop Boards will include either a 45-day or one-year product license for ESET Smart Security. ESET will ship exclusively with new Intel®
AXIGEN Announces Technology Partnership with Intel
Bucharest, Romania, March 4th, 2009 – AXIGEN (axigen.com), the professional messaging solution vendor, today announces they have become a member of the Intel Software Partner Program (http://www.intel.com/partner), with the intention to better adapt the AXIGEN Mail Server to Intel architectures. As part of the Intel® Software Partner Program, AXIGEN focuses on optimizing its cutting edge messaging solutions for Intel platforms. The membership also enables AXIGEN to collaborate with Intel in order
STMICROELECTRONICS, INTEL AND FRANCISCO PARTNERS
CLOSE TRANSACTION TO CREATE NUMONYX New Delhi, March 31, 2008 — STMicroelectronics, together with Intel and Francisco Partners today announced the closing of their previously announced Numonyx joint venture. At the closing, STMicroelectronics contributed its flash memory assets and businesses in NOR and NAND, including its Phase Change Memory (PCM) resources and NAND joint venture interest, to Numonyx in exchange for a 48.6 percent equity ownership stake and $155.6 million