Press release
Artificial Intelligence Market (MACHINE LEARNING) is Projected to Grow USD 54 billion by 2026 | Major Key players are Google Inc., Intel Corporation, Nvidia Corporation, Microsoft Corporation – Latest Research
Artificial Intelligence Market
What's keeping Google Inc., Intel Corporation, Nvidia Corporation, Microsoft Corporation, IBM Corporation, General Vision, Inc., Qlik Technologies Inc., MicroStrategy, Inc., Brighterion, Inc., and Baidu, Inc. among others.? Benchmark yourself with the strategic moves and findings recently released by POLARIS MARKET RESEARCH
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o Table of Contents (Scope covered as a part of the study)
o Top players in the market
o Research framework (presentation)
o Research methodology adopted by Polaris Market Research]
Global Artificial intelligence market is anticipated to reach USD 54 billion by 2026 The advancements of robots and the rise in their deployment rate particularly, in the developing economies globally have had a positive impact on the global artificial intelligence market. Augmented customer experience, expanded application areas, enhanced productivity, and big data integration has highly propelled artificial intelligence market worldwide. Although, absence of adequate skilled workforce as well as threat to human dignity are some of the factors that could affect the growth of the market. However, these factors are expected to have minimal impact on the market attributed to the introduction of advanced technologies.
These tools include brand purchase advertising, workflow management tools, trend predictions among others. For example, the Google’s voice accuracy technology has 98% of accuracy rate. Furthermore, Facebook’s Deep Face technology has a success rate of approximately 97% in recognizing faces. Such accuracy in technologies is further anticipated to bolster the market growth during the forecast period.
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Polaris Market research has segmented the Artificial intelligence market report on the basis of:
• Artificial Intelligence Market Insights
• Artificial Intelligence – Industry snapshot
• Artificial Intelligence - Ecosystem analysis
• Artificial Intelligence market dynamics
• Artificial Intelligence – Market Forces
• Industry analysis - Porter's five force
• Artificial Intelligence market PEST analysis, 2017
Artificial Intelligence Market Size and Forecast by Technology
• Key findings
• Machine Learning
• Natural Language Processing
• Image Processing
• Speech Processing
Artificial Intelligence Market Size and Forecast by Regions
• Key findings
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Asia Pacific
• China
• India
............ Continue
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The high implementation of artificial intelligence in several end-user verticals including, retail, automotive and healthcare is projected to boost the growth of the market over the forecast period. Several companies are making considerable investments to integrate artificial intelligence competences into their portfolio of products. For instance, in 2016, SK Telecom and Intel Corporation signed an agreement for the development of the artificial intelligence-based vehicle-to-everything (V2X) technology as well as video recognition.
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Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world
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