Artificial Intelligence in Manufacturing Market 2020: Current Trends, Future Estimations and Opportunities | Bosch, Cisco Systems, Inc., General Electric Company, IBM Corporation

Artificial intelligence (AI) is one of the most advanced technologies in the field of computer science. It is associated with human intelligence through similar characteristics such as better decision making, language understanding, and others. Industrialists in the market experience huge underlying intellectual challenges in the development and revision of the technology. Increase in demand for artificial Intelligence in manufacturing market has been witnessed owing to rise in adoption of Internet of Things and increase in awareness about customer satisfaction. In addition, development of smarter and efficient robots is expected to propel the market growth. However, high cost of implementing this technology and high threat to human dignity are anticipated to restrain the market growth.

The global artificial Intelligence in manufacturing market size was $513.6 million in 2017, and is expected to reach at $15,273.7 million by 2025, growing at a CAGR of 55.2% during the forecast period.

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The global artificial intelligence in manufacturing market has gathered pace in its growth with rapidly evolving industrial automation and IoT. Artificial intelligence or AI is one of the fastest-growing technologies in the recent years. Artificial intelligence is associated with human intelligence with similar characteristics such as reasoning, understanding, problem solving, language, and learning. Incorporation of AI in manufacturing industry provides safer operational environment, which further helps in enhancing the quality and quantity of the production.

The key players profiled in this report includes Bosch, Cisco Systems, Inc., General Electric Company, IBM Corporation, Intel Corporation, Microsoft Corporation, Mitsubishi Electric Corporation, NVIDIA Corporation, Oracle Corporation, and Siemens AG.

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Based on the deployment, the on-premise segment is expected to garner the largest share in the global market during the forecast period. According to the industry segment, the automobile sector is expected to dominate the market in terms of revenue in 2017, owing to the capability of artificial Intelligence in manufacturing to achieve less errors and mass production.

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CHAPTER 1: INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. KEY MARKET PLAYERS
1.5. RESEARCH METHODOLOGY

1.5.1. Secondary research
1.5.2. Primary research
1.5.3. Analyst tools & models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. KEY FINDINGS OF THE ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET
2.2. CXO PERSPECTIVE

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