Press release
Artificial Intelligence Market Emerging Trends, Global Demand And Business Opportunities 2020 To 2030
The Business Research Company
The global artificial intelligence market is expected to grow from $28.42 billion in 2019 to $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 a new wave of transformative technologies including the revolutionary artificial intelligence technology (for example - smart machines and robots) emerging as a possible solution to contain the epidemic. The market is then expected to recover and reach $99.94 billion in 2023 at CAGR of 34.86%.
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The artificial intelligence market consists of sales of the artificial intelligence software and related services. Artificial Intelligence(AI) some times referred to as machine intelligence. Artificial intelligence is a wide-ranging branch of computer science-related with building smart machines that can perform tasks that require human intelligence.
Automated machine learning is being implemented by many companies. It is quite complicated to apply traditional machine learning models for real-world business problems. The better solution is to use Automated machine learning which allows non-machine learning (ML) experts to use machine learning algorithms without being machine learning wizards. For instance, tools like Google cloud AutoML are used to train custom made and high-quality ML models with a minimum ML expertise.
Artificial Intelligence Market Segmentation: -
By Offering
1. Hardware
2. Software
3. Services
By Technology
1. Machine learning
2. Natural language processing
3. Context-Aware Computing
4. Computer Vision
5. Others (Image processing, Speech recognition)
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Few Points From Table Of Content
1. Executive Summary
2. Artificial Intelligence Market Characteristics
3. Artificial Intelligence Market Size And Growth
4. Artificial Intelligence Market Segmentation
5. Artificial Intelligence Market Regional And Country Analysis
……
25. Artificial Intelligence Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Global Artificial Intelligence Market Market
27. Artificial Intelligence Market Trends And Strategies
28. Artificial Intelligence Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the artificial intelligence market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the artificial intelligence market are Google, IBM, Baidu, Microsoft, Apple Inc., Ipsoft, NVIDIA corporation, Samsung Electronics Co.Ltd, MicroStrategy Inc.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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