AI Market : Comprehensive Analysis of Latest Trends and Developments | IBM Corp., Intel Corp., Google LLC, Microsoft Corp., Cisco Systems Inc., Oracle Corp., SAP SE

Global Artificial Intelligence (AI) Market Analysis and Forecast 2019-2028

Market Introduction

The global artificial intelligence (AI) market is projected to grow at a CAGR of more than 32% during the forecast period of 2022-2028. The market growth is attributed to the increasing government initiatives coupled with the rising investment in the AI landscape. The expanding use of AI in various industry verticals has drawn government attention and hence resulted in increasing initiatives and investments.
Further, the cost benefits from automation, advancement in deep learning leading to diverse use cases across industries, and increasing adoption of IoT technology in everyday life which is fuelling the growth of the AI market globally.
In addition, AI has gained popularity across industries such as marketing, sales, manufacturing, business management, BFSI, and others. It enables the user to boost efficiency without impacting its quality resulting in lower costs, better time management, and lesser supervisory requirements.

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Market Segmentation

The global AI market is segmented on the basis of Components, organization type, end-user, and region. Based on Components, the market is segmented into Hardware, Software, and Services. On the basis of Software, the market is divided into, Cloud and on-premise. Based on Technology, the market is segmented into, Natural Language Processing (NLP), Image Processing, Machine Learning (ML), Speech Recognition and Others (Robotic Process Automation, Computer Vision). On the basis of Organization Type, the market is segmented into Enterprise and Public Administration. On the basis of Enterprise, the market is divided into Small and Medium Enterprises (SMEs) and Large Enterprises. Based on the End User, the market is segmented into Automobile & Transportation, Healthcare, Retail & Warehousing, Manufacturing, Banking, Financial Services & Insurance (BFSI), Media & Entertainment, IT & Telecom, and Others (Construction, Legal, Education, Energy & Power, etc.)
Based on region, the market is divided into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and Middle East & Africa. Further, North America is divided into US and Canada. Latin America is further segmented on the basis of Brazil, Mexico, and the Rest of Latin America. Western Europe is further segmented into Germany, the UK, France, Spain, Italy, Benelux, Nordic, and the rest of western Europe. Eastern Europe is segmented into Russia, Poland, and the rest of Eastern Europe. Based on the Asia Pacific, the market is further segmented into China, India, Japan, South Korea, Australia, ASEAN (Indonesia, Vietnam, Malaysia, etc.) countries, and the rest of Asia Pacific. Lastly, on the basis of the Middle East & Africa market is segmented into GCC Countries, South Africa, Turkey, and the rest of the Middle East & Africa.

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Market structure and competitive landscape
The global AI market is fragmented in nature, some of the prominent players that contribute significantly to the global AI market include,
IBM Corp.,
Intel Corp.,
Google LLC,
Microsoft Corp.,
Cisco Systems Inc.,
Oracle Corp.,
SAP SE,
Meta,
Salesforce Inc.,
Amazon.com Inc.,
Apple Inc.,
Nvidia Corp.,
Palantir Technologies Inc.,
C3.ai Inc.,
Micron Technology Inc.,
and others.
Product Launches, Mergers & Acquisitions, joint ventures, and R&D activities are key strategies adopted by the players in the global AI Market. These companies adopt numerous approaches to strengthen their market share and gain a competitive edge over other competitors in the market. Some of the key developments in the global AI market include,
In August 2022, Amazon entered into a definitive merger agreement under which Amazon will acquire iRobot. iRobot builds innovative cleaning products for the home making the lives of households easier. The deal has been valued at about US$ 1.7 billion.
In June 2022, Salesforce announced to expand its financial services offerings built specifically for banking, wealth management, and insurance institutions. Salesforce for financial services will now offer more targeted and trusted automation and AI powered by Client 360.

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Table of Content

Chapter One: Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
Chapter Two: Assumptions and Acronyms

Chapter Three: Executive Summary
3.1. Global Market in2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
Chapter Four: Research Methodology
Chapter Five: Analysis of COVID-19 Impact and Road Ahead
Chapter Six: Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, industry players expenditures, and economic conditions, among others
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter s Five Forces Analysis
Chapter Seven: Government Laws & Regulations
Chapter Eight: Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Opportunities
8.4. Trends
Chapter Nine: Global AI Market: Use Case Analysis
9.1. By Industry
9.1.1. Automobile & Transportation
9.1.2. Healthcare
9.1.3. Retail & Warehousing
9.1.4. Manufacturing
9.1.5. Banking, Financial Services & Insurance (BFSI)
9.1.6. Media & Entertainment
9.1.7. IT & Telecom
9.1.8. Others (Construction, Legal, Education, Energy & Power, etc. )
Chapter Ten: Key Funding Assessment
10.1. Startups by Key Industries
10.1.1. Automobile & Transportation
10.1.2. Healthcare
10.1.3. Retail & Warehousing
10.1.4. Manufacturing
10.1.5. Banking, Financial Services & Insurance (BFSI)
10.1.6. Media & Entertainment
10.1.7. IT & Telecom
10.1.8. Others (Construction, Legal, Education, Energy & Power, etc. )
Chapter Eleven: Parent Market Overview
11.1. Global Information & Communication Technology (ICT) Market
11.2. Global AI Market
Chapter Twelve: Segmental Analysis
12.1. Global AI Market by Component
12.1.1. Segment Overview
12.1.1.1. Hardware
12.1.1.2. Software
12.1.1.2.1. Cloud
12.1.1.2.2. On-Premise
12.1.1.3. Services
12.2. Global AI Market by Technology
12.2.1. Segment Overview
12.2.1.1. Natural Language Processing (NLP)
12.2.1.2. Image Processing
12.2.1.3. Machine Learning (ML)
12.2.1.4. Speech Recognition
12.2.1.5. Others (Robotic Process Automation, Computer Vision)
12.3. Global AI Market by Organization Type
12.3.1. Segment Overview
12.3.1.1. Enterprise
12.3.1.1.1. SMEs
12.3.1.1.2. Large Enterprises
12.3.1.2. Public Administration
12.4. Global AI Market by End User
12.4.1. Segment Overview
12.4.1.1. Automobile & Transportation
12.4.1.2. Healthcare
12.4.1.3. Retail & Warehousing
12.4.1.4. Manufacturing
12.4.1.5. Banking, Financial Services & Insurance (BFSI)
12.4.1.6. Media & Entertainment
12.4.1.7. IT & Telecom
12.4.1.8. Others (Construction, Legal, Education, Energy & Power etc. )
12.5. Global AI Market: Focused on the Natural Language Processing (NLP) Segment
12.5.1. Segment Overview
12.5.1.1. Chatbot Market
12.5.1.2. Contact Center Market
12.5.1.2.1. Analytics And Reporting
12.5.1.2.2. Computer Telephony Integration
12.5.1.2.3. IVR
12.5.1.2.4. Dialers
12.5.1.2.5. Agent Performance Optimization
12.5.1.2.6. Automatic Call Distribution
12.5.1.3. Customer Experience Market
12.6. Global AI Market by Region
12.6.1. North America
12.6.2. Latin America
12.6.3. Western Europe
12.6.4. Eastern Europe
12.6.5. Asia Pacific
12.6.6. Middle East & Africa
Chapter Thirteen: Regional Analysis
13.1. North America AI Market Analysis and Forecast2019-2028
13.1.1. Regional Market Overview and Key Takeaways
13.1.2. North America AI Market by Component
13.1.3. North America AI Market by Technology
13.1.4. North America AI Market by Organization Type
13.1.5. North America AI Market by End User
13.1.6. North America AI Market by Country
13.1.6.1. US
13.1.6.2. Canada
13.2. Latin America AI Market Analysis and Forecast2019-2028
13.2.1. Regional Market Overview and Key Takeaways
13.2.2. Latin America AI Market by Component
13.2.3. Latin America AI Market by Technology
13.2.4. Latin America AI Market by Organization Type
13.2.5. Latin America AI Market by End User
13.2.6. Latin America AI Market by Country
13.2.6.1. Brazil
13.2.6.2. Mexico
13.2.6.3. Rest of Latin America
13.3. Western Europe AI Market Analysis and Forecast2019-2028
13.3.1. Regional Market Overview and Key Takeaways
13.3.2. Western Europe AI Market by Component
13.3.3. Western Europe AI Market by Technology
13.3.4. Western Europe AI Market by Organization Type
13.3.5. Western Europe AI Market by End User
13.3.6. Western Europe AI Market by Country
13.3.6.1. Germany
13.3.6.2. UK
13.3.6.3. France
13.3.6.4. Spain
13.3.6.5. Italy
13.3.6.6. Benelux
13.3.6.7. Nordic
13.3.6.8. Rest of Western Europe
13.4. Eastern Europe AI Market Analysis and Forecast2019-2028
13.4.1. Regional Market Overview and Key Takeaways
13.4.2. Eastern Europe AI Market by Component
13.4.3. Eastern Europe AI Market by Technology
13.4.4. Eastern Europe AI Market by Organization Type
13.4.5. Eastern Europe AI Market by End User
13.4.6. Eastern Europe AI Market by Country
13.4.6.1. Russia
13.4.6.2. Poland
13.4.6.3. Rest of Eastern Europe
13.5. Asia Pacific AI Market Analysis and Forecast2019-2028
13.5.1. Regional Market Overview and Key Takeaways
13.5.2. Asia Pacific AI Market by Component
13.5.3. Asia Pacific AI Market by Technology
13.5.4. Asia Pacific AI Market by Organization Type
13.5.5. Asia Pacific AI Market by End User
13.5.6. Asia Pacific AI Market by Country
13.5.6.1. China
13.5.6.2. Japan
13.5.6.3. Global
13.5.6.4. South Korea
13.5.6.5. Australia
13.5.6.6. ASEAN
13.5.6.7. Rest of Asia-Pacific
13.6. Middle East & Africa AI Market Analysis and Forecast2019-2028
13.6.1. Regional Market Overview and Key Takeaways
13.6.2. Middle East & Africa AI Market by Component
13.6.3. Middle East & Africa AI Market by Technology
13.6.4. Middle East & Africa AI Market by Organization Type
13.6.5. Middle East & Africa AI Market by End User
13.6.6. Middle East & Africa AI Market by Country
13.6.6.1. GCC
13.6.6.2. South Africa
13.6.6.3. Turkey
13.6.6.4. Rest of the Middle East & Africa
Chapter Fourteen: Competitive Landscape
14.1. Competition Dashboard
14.1.1. Global and Regional Market Share Analysis
14.1.2. Market Structure
14.2. Competitive Benchmarking
14.3. Key Strategy Analysis
14.4. Top10 New Companies/Start-ups in Our Radar
14.5. Company Profiles
14.5.1. IBM Corp.
14.5.1.1. Company Overview
14.5.1.2. Product/Service Offerings
14.5.1.3. Key Financials
14.5.1.4. Recent Developments
14.5.2. Intel Corp.
14.5.2.1. Company Overview
14.5.2.2. Product/Service Offerings
14.5.2.3. Key Financials
14.5.2.4. Recent Developments
14.5.3. Microsoft Corp.
14.5.3.1. Company Overview
14.5.3.2. Product/Service Offerings
14.5.3.3. Key Financials
14.5.3.4. Recent Developments
14.5.4. Google LLC
14.5.4.1. Company Overview
14.5.4.2. Product/Service Offerings
14.5.4.3. Key Financials
14.5.4.4. Recent Developments
14.5.5. Meta
14.5.5.1. Company Overview
14.5.5.2. Product/Service Offerings
14.5.5.3. Key Financials
14.5.5.4. Recent Developments
14.5.6. Salesforce Inc.
14.5.6.1. Company Overview
14.5.6.2. Product/Service Offerings
14.5.6.3. Key Financials
14.5.6.4. Recent Developments
14.5.7. Cisco Systems Inc.
14.5.7.1. Company Overview
14.5.7.2. Product/Service Offerings
14.5.7.3. Key Financials
14.5.7.4. Recent Developments
14.5.8. Apple Inc.
14.5.8.1. Company Overview
14.5.8.2. Product/Service Offerings
14.5.8.3. Key Financials
14.5.8.4. Recent Developments
14.5.9. Oracle Corp.
14.5.9.1. Company Overview
14.5.9.2. Product/Service Offerings
14.5.9.3. Key Financials
14.5.9.4. Recent Developments
14.5.10. Amazon. com Inc.
14.5.10.1. Company Overview
14.5.10.2. Product/Service Offerings
14.5.10.3. Key Financials
14.5.10.4. Recent Developments
14.5.11. Nvidia Corp.
14.5.11.1. Company Overview
14.5.11.2. Product/Service Offerings
14.5.11.3. Key Financials
14.5.11.4. Recent Developments
14.5.12. Palantir Technologies Inc.
14.5.12.1. Company Overview
14.5.12.2. Product/Service Offerings
14.5.12.3. Key Financials
14.5.12.4. Recent Developments
14.5.13. C3. ai Inc.
14.5.13.1. Company Overview
14.5.13.2. Product/Service Offerings
14.5.13.3. Key Financials
14.5.13.4. Recent Developments
14.5.14. Micron Technology Inc.
14.5.14.1. Company Overview
14.5.14.2. Product/Service Offerings
14.5.14.3. Key Financials
14.5.14.4. Recent Developments
*List not exhaustive (Players can be added or replaced as per the customization).
Chapter Fifteen: Disclaimer

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