Artificial Intelligence Products Market 2021 Competitive Insights and Outlook- Open AI, IBM, NEC, Google, Microsoft Corp, Ipsoft, Google

The report presents an in-depth assessment of the Artificial Intelligence Products Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Artificial Intelligence Products from 2021 till 2027. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

The Global Artificial Intelligence Products Market is expected to grow at a CAGR 39.7% during the forecast period (2021-2027).

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Artificial Intelligence Products Market: Open AI, IBM, NEC, NuanceÕs, Google, Microsoft Corp, Ipsoft, Google, Rocket Fuel Inc, Fingenius Ltd and others.

Market Overview:

Artificial intelligence has been one of the fastest-growing technologies in recent years. AI is associated to human intelligence with similar characteristics such as language understanding, reasoning, learning, problem solving, and others. Manufacturers in the market witness enormous underlying intellectual challenges in the development and revision of such a technology. AI is positioned at the core of the next gen software technologies in the market.

Key Developments:

In January 2021, Google launched Product Discovery Solutions for retail industry.  This suite would enhance the retailer’s eCommerce capabilities and help them provide enhance customer experience. Product Discovery Solutions for Retail brings together AI algorithms and a search service, Cloud Search for Retail, which leverages Google Search technology to power retailers’ product-finding tools.

In November 2020, Microsoft announced the availability of Dynamic 365 Project Operations solution across India. The solution focuses on providing help to businesses in unifying operational workflows to provide visibility, collaboration, and insights to drive success across teams, from prospects to payments to profit. The solution is built on Microsoft Power Platform and uses real-time analytics to connect and empower leadership, sales, resourcing, project management, and accounting teams with the visibility needed to deliver services to customers on-time and on-budget..

In December 2020, IBM enhanced the capabilities of Watson to help businesses scale the use of AI. The new capabilities of the Watson are designed to improve the automation of AI and enhance the precision of AI prediction. IBM Discovery will provide more precise answers to the client queries with the help of NLP.

In April 2019, AWS enhanced AI services for NLP, speech-to-text transcription, and image detection. AWS added new features to its AI services, such as Amazon Comprehend. The new features allow users to process texts in the encrypted format as well. Customers are leveraging the new features of Amazon Comprehend.

In September 2020, Facebook AI launched Dynabench, a Dynamic Benchmarking ML platform. The company launched a new research platform for data collection and benchmarking. Dynabench uses a dynamic adversarial data collection procedure to improve current benchmarking practices.

In June 2020, Salesforce launched a new solution Einstein recommendation for Trailhead. The company brought AI capabilities in its online learning platform by launching Einstein recommendation. The new solution would create personalized, intelligent learning experience by guiding learners throughout their journeys. It also would provide recommendations on the basis of other similar learner’s preferences.

In December 2020, Cisco announced the launch of a new Webex solution to deliver highly personalized insights and actionable recommendations to individuals and teams. Webex enables organizations to collaborate seamlessly and transform their employee and customer experiences. Webex is helping employees innovate and remain productive wherever they are. Since the pandemic, Webex has not only continued to help businesses thrive, it has also been an integral platform for governments to continue to lead remotely, doctors to meet with patients safely, and educators to teach students at a distance.

Global Artificial Intelligence Products Market Split by Product Type and Applications:

This report segments the global Artificial Intelligence Products market on the basis of Types are:

Media & Advertising

Healthcare

Automotive & Transportation

Other

On the basis of Application, the Global Artificial Intelligence Products market is segmented into:

Computer/GPU Chip Hardware

Cloud Hardware

Other

Regional Analysis For Artificial Intelligence Products Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Influence of the Artificial Intelligence Products Market Report:
-Comprehensive assessment of all opportunities and risks in the Artificial Intelligence Products market.
-The detailed study of business strategies for the growth of the Artificial Intelligence Products market-leading players.
-Conclusive study about the growth plot of the Artificial Intelligence Products market for forthcoming years.
-In-depth understanding of Artificial Intelligence Products market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Artificial Intelligence Products market.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Artificial Intelligence Products Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

The research includes historic data from 2015 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Artificial Intelligence Products Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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