Press release
Artificial Intelligence Systems Spending Market Types, Applications, Products, Share, Growth, Insights and Forecasts Report 2028
Increasing demand for AI-driven solutions in the education sector and rising adoption of AI in the BFSI industry to provide enhanced customer service is driving growth of the artificial intelligence systems spending market.The global Artificial Intelligence systems spending market is forecast to reach a market size of USD 767.60 Billion by 2028, and register a significantly high CAGR, according to latest analysis by Emergen Research. Growth of the global Artificial Intelligence systems spending market in terms of revenue is expected to increase significantly during the forecast period due to rising demand for AI solutions in the education sector. Rising adoption of AI in the BFSI industry to provide enhanced customer service is also another major factor expected to further boost global Artificial Intelligence systems spending market growth during the forecast period.
The Artificial Intelligence Systems Spending report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe.
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In terms of revenue contribution to the global Artificial Intelligence systems spending market, the automated customer service segment is projected to lead during the forecast period as a result of increasing implementation of AI-based platforms to optimize customer service activities in different end-use industries.
Competitive landscape benchmarking with a focus on business profiles, product portfolio, business strategies such as M&A activities, revenue, market positions, market share, global position, and financial standing
Key market participants include Google LLC, Microsoft Corporation, Apple Inc., Facebook, Inc., International Business Machines Corporation, Intel Corporation, Wipro Limited, Infosys Limited, and Salesforce.com Inc.
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It offers a lucid picture of current trends in the global market, with an unbiased perspective of the leading market players, key regions/countries, end-use industries, and various product types.
Component Outlook (Revenue, USD Billion; 2021–2028)
Software
Applications
Platforms
Hardware
Server
Storage
Service
IT service
Business service
Technology Outlook (Revenue, USD Billion; 2021–2028)
Natural language processing
Deep learning
Artificial general intelligence (AGI)
Machine vision
Artificial super intelligence (ASI)
Machine learning
Application Outlook (Revenue, USD Billion; 2021–2028)
Automated threat intelligence & prevention systems
Fraud analysis & investigation
Automated customer service
Others
End-use Outlook (Revenue, USD Billion; 2021–2028)
Healthcare
BFSI
Transportation
Education
Telecommunications
Media & entertainment
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Key regions covered in the report:
North America, Europe , Asia Pacific, Latin America, Middle East & Africa
The report considers the following timeline for market estimation:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
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Key questions addressed in the report:
What are the key factors driving the global Artificial Intelligence Systems Spending market?
Who are the key manufacturers in this market space?
Who are the distributors, traders and dealers of this market?
What are the market opportunities and risks affecting the performance of the vendors in the global Artificial Intelligence Systems Spending market?
What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
Read more: https://www.emergenresearch.com/industry-report/artificial-intelligence-systems-spending-market
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Emergen Research | Web: www.emergenresearch.com
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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