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Artificial Intelligence Market Report 2022-2027 | Industry Opportunity and Growth Analysis

05-25-2022 08:33 AM CET | IT, New Media & Software

Press release from: IMARC Group

Artificial Intelligence Market Report 2022-2027 | Industry

According to IMARC Group's latest report, titled "Artificial Intelligence Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,' the global artificial intelligence market reached a value of US$ 56.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 308.5 Billion by 2027, exhibiting at a CAGR of 31.9% during 2022-2027.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Artificial intelligence (AI) refers to a branch of computer science concerned with building smart machines capable of performing tasks that require human intelligence. It involves human-like visual perception, speech recognition, translation, and decision-making based on past experiences. As it offers the benefits of automation, minimizing errors, and managing repetitive tasks, AI finds extensive application in various end use industries across the globe.

Request Free Sample Report: https://www.imarcgroup.com/artifical-intelligence-market/requestsample

Market Trends

Significant growth in the information technology (IT) industry, coupled with the increasing adoption of cloud-based solutions for analyzing large amounts of data, improving overall operational efficiency, and enhancing the user experience, represents one of the key factors driving the market. Moreover, AI is gaining traction in the media and entertainment sector to distribute personalized content and enhance the capabilities of streaming services. Apart from this, due to the growing prevalence of chronic diseases, AI is employed in the healthcare industry for remote monitoring of patients and identifying disease clusters.

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/artifical-intelligence-market

List of Key Companies Covered in this Market Report:

Amazon Web Services Inc.
Apple Inc.
Baidu
Cisco Systems Inc.
Facebook Inc.
General Electric Company
Google LLC (Alphabet Inc.)
International Business Machines
Intel Corporation
Micron Technology Inc.
Microsoft Corporation
Nvidia Corporation
Oracle Corporation
Rockwell Automation Inc.
Samsung Electronics Co. Ltd.
SAP SE
Siemens AG

Breakup by Type:

Narrow/Weak Artificial Intelligence
General/Strong Artificial Intelligence

Breakup by Offering:

Hardware
Software
Services

Breakup by Technology:

Machine Learning
Natural Language Processing
Context-Aware Computing
Computer Vision
Others

Breakup by System:

Intelligence Systems
Decision Support Processing
Hybrid Systems
Fuzzy Systems

Breakup by End-Use Industry:

Healthcare
Manufacturing
Automotive
Agriculture
Retail
Security
Human Resources
Marketing
Financial Services
Transportation and Logistics
Others

Breakup by Geography:

North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Related Report by IMARC Group:

Distributed Antenna System Market Report: https://www.imarcgroup.com/distributed-antenna-system-market

Data Center Fabric Market Report: https://www.imarcgroup.com/data-centre-fabric-market

Business Analytics Market Report: https://www.imarcgroup.com/business-analytics-market

Messaging Security Market Report: https://www.imarcgroup.com/messaging-security-market

Payroll Outsourcing Market Report: https://www.imarcgroup.com/payroll-outsourcing-market

Project Portfolio Management Market Report: https://www.imarcgroup.com/project-portfolio-management-market

Gaming Console Market Report: https://www.imarcgroup.com/gaming-console-market

Digital Map Market Report: https://www.imarcgroup.com/digital-map-market

Contact US

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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