Artificial Intelligence Market 2022-2028 will change the Future | Major Giants - IBM Corporation, Microsoft Corporation, SAP SE, SAS Institute Inc.

What is Artificial Intelligence?
Artificial intelligence or machine intelligence refers to the simulation of human intelligence in machines programmed to think like humans or mimic their actions. The technology is being exploited in numerous applications across multiple industries. Additionally, with the growth of big data and analytics, the technology becomes much more useful. The manufacturing segment is likely to grow at a considerable rate during the forecast period. New developments and innovations by the key players are expected to drive the market growth further.

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Market Dynamics:
The artificial intelligence market is anticipated to grow in the forecast period owing to driving factors such as developments in the field of big data and demand for intelligent virtual assistants. Also, growing adoption of cloud-based applications and services is expected to fuel the market growth. However, lack of skilled workforce may hinder the growth of the artificial intelligence market. Nonetheless, exploitation of AI for improving operational efficiency in manufacturing industry offers significant growth prospects for the key players operating in the target market.

A new market study report by The Insight Partners on the Artificial Intelligence Market has been released with reliable information and accurate forecasts for a better understanding of the current and future market scenarios. The report offers an in-depth analysis of the global market, including qualitative and quantitative insights, historical data, and estimated projections about the market size and share in the forecast period. The forecasts mentioned in the report have been acquired by using proven research assumptions and methodologies. Hence, this research study serves as an important depository of the information for every market landscape. The report is segmented on the basis of types, end-users, applications, and regional markets.

Competition Landscape and Key Developments
A few prominent players operating in the global Artificial Intelligence market are Cisco Systems, Inc., Google LLC, IBM Corporation, Intel Corporation, Micron Technology, Inc., Microsoft Corporation, NVIDIA Corporation, SAP SE, SAS Institute Inc., Xilinx, Inc., etc.

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An Overview of the Impact of COVID-19 on this Market:
Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Artificial Intelligence Market which would mention How the Covid-19 is Affecting the Electronics and Semiconductor Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Covid-19 Impact on Key Regions and Proposal for Artificial Intelligence Players to fight Covid-19 Impact.

The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2022-2028? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Artificial Intelligence market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Artificial Intelligence market?
4. What are the prominent market trends influencing the development of the Artificial Intelligence market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Artificial Intelligence market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Artificial Intelligence market segments and regions.

Regional analysis includes:
• Asia-Pacific Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
• North America (The United States, Mexico, and Canada.)
• South America (Brazil etc.)
• The Middle East and Africa (GCC Countries and Egypt.)

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Artificial Intelligence market.

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This release was published on openPR.