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Latin America Artificial Intelligence Market Size, Share, Trends, Demand and Forecast 2022-2027

07-20-2022 10:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Latin America Artificial Intelligence Market Report

Latin America Artificial Intelligence Market Report

According to the latest report by IMARC Group, titled "Latin America Artificial Intelligence Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the latin America artificial intelligence market is expected to exhibit a CAGR of XX% during 2022-2027.

Historical: 2016-2021

Base Year: 2021

Forecast Year: 2022-2027

Download free sample of the report: https://www.imarcgroup.com/latin-america-artificial-intelligence-market/requestsample

Latin America Artificial Intelligence Market Industry Definition and Application:

Artificial intelligence (AI) refers to an interdisciplinary field of computer science invented to imitate human intelligence to perform several activities in real-time. It is extensively utilized for multiple purposes, such as decision-making, voice recognition, visual perception, language translation, handwriting recognition, etc. Artificial intelligence offer numerous advantages, such as better adaptability, higher time-efficiency, improved accuracy, enhanced productivity, etc. As a result, it is used across various sectors, such as defense, trade, automobile, construction, healthcare, transportation, banking, etc.

Note: 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.

Latin America Artificial Intelligence Market Trends and Drivers:

The rising internet connectivity and increasing penetration of smart devices are primarily driving the Latin America artificial intelligence market. Furthermore, the escalating deployment of AI-based algorithms in e-commerce platforms for gathering specific insights is also augmenting the market growth in the region. Additionally, the growing trend of digitization across several industries, such as retail, BFSI, construction, etc., is further inducing the AI market in the region. In line with this, continuous government support for the expansion of the 5G network is also propelling the demand for AI across Latin American countries. Moreover, the increasing integration of image recognition technology with optical character identification is expected to further bolster the demand for AI in drones, robots, and self-driving cars, over the forecasted period.

Browse full report with TOC: https://www.imarcgroup.com/latin-america-artificial-intelligence-market

Latin America Artificial Intelligence Market Segmentation:

The report has segmented the market on the basis on country, type, offering, technology, system, end-use industry.

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 Country:

Brazil
Mexico
Argentina
Columbia
Chile
Peru
Others

Related Report by IMARC Group:

United States Artificial Intelligence Market Report: https://www.imarcgroup.com/united-states-artificial-intelligence-market

India Artificial Intelligence Market Report: https://www.imarcgroup.com/india-artificial-intelligence-market

Europe Human Resource Hr Technology Market Report: https://www.imarcgroup.com/europe-human-resource-technology-market

India Human Resource Hr Technology Market Report: https://www.imarcgroup.com/india-human-resource-technology-market

Europe Artificial Intelligence Market Report: https://www.imarcgroup.com/europe-artificial-intelligence-market

Asia Pacific Artificial Intelligence Market Report: https://www.imarcgroup.com/asia-pacific-artificial-intelligence-market

Asia Pacific Human Resource Hr Technology Market Report: https://www.imarcgroup.com/asia-pacific-human-resource-technology-market

Europe Lawful Interception Market Report: https://www.imarcgroup.com/europe-lawful-interception-market

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

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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