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Citizen Services AI Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032
Citizen Services AI Market
The Business Research Company's Citizen Services AI Global Market Report 2023 identifies increasing adoption of automation as the major driver for the citizen services AI market's growth in the forecast period. Automation refers to technological applications where the amount of human input is reduced and covers a variety of applications, such as home automation, IT automation, and business process automation. Citizen services AI uses different automation resources that enable tasks that formerly required human intelligence, such as interpreting speech, text, or image content and searching for patterns and anomalies, to be handled by artificial intelligence.
The global citizen services AI market size grew from $3.08 billion in 2022 to $4.65 billion in 2023 at a compound annual growth rate (CAGR) of 50.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The citizen services AI market size is expected to grow to $21.76 billion in 2027 at a CAGR of 47.1%.
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Major competitors in the citizen services AI market are Huawei Technologies Co. Ltd., Amazon Web Services Inc., IBM, Intel Corporation, Microsoft, NVIDIA Corporation, Pegasystems Inc., ServiceNow, Oracle, Alibaba, Tencent, Baidu, ADDO AI, Tata Consultancy Services Limited, Hyland Software Inc.
A key trend in the citizen services AI market includes technological advancement. Major market players are focusing on creating innovative technologies and integrating machine learning into their products for citizen services. For instance, in July 2021, Intel Corporation, a US-based technology company, in collaboration with the Central Board of Secondary Education (CBSE) and the Ministry of Education, today announced the launch of the AI for All initiative, with the goal of providing everyone in India with a basic understanding of artificial intelligence (AI). AI for All is a 4-hour self-paced learning program based on Intel's AI For Citizens program that demystifies AI in an inclusive manner. It applies equally to a student, a stay-at-home parent, a professional in any field, or even a senior citizen. In its first year, the program hopes to reach 1 million citizens.
Read More On The Global Citizen Services AI Market Report Here:
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The citizen services AI market is segmented -
• By Technology: Machine Learning, Natural Language Processing (NLP), Image Processing, Face Recognition
• By Application: Traffic and Transportation Management; Healthcare; Public Safety; Utilities; Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the citizen services AI market.
The Business Research Company's "Global Citizen Services AI Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Citizen Services AI Market Include:
1. Executive Summary
2. Citizen Services AI Market Characteristics
3. Citizen Services AI Market Trends And Strategies
4. Citizen Services AI Market - Macro Economic Scenario
5. Citizen Services AI Market Size And Growth
6. Citizen Services AI Market Segmentation
……
26. Africa Citizen Services AI Market
27. Citizen Services AI Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Citizen Services AI Market
29. Citizen Services AI Market Future Outlook and Potential Analysis
30. Appendix
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