Press release
Artificial Intelligence (AI) Software Market Size 2023 Latest Insights, Growth Rate, Future Trends, and Business Opportunities by 2029- Datadog,ManageEngine,GROWITHIS
Artificial Intelligence (AI) Software Market size was valued at USD 72.8 Billion in 2022 and is projected to reach USD 850.6 Billion by 2029, growing at a CAGR of 35.98% from 2023 to 2029.
Significant Players Covered in the Artificial Intelligence (AI) Software Market Report:
Datadog,pharma company Medtronic,IBM,ManageEngine,GROWITHIS,Ai Field Management,Acobot,WebHR,Sisense,ESRI,Timely,Lumen5,LiveChat,Anodot,Brainasoft,AppDynamics,Atomic Reach,Keatext,FirstScreen,AnswerRocket,Grooper,Botmind,DontGo,
Recent Development:
In August 2022, a pharma company Medtronic India launched GI Genius, an artificial intelligence-driven module. GI Genius uses artificial intelligence software to fight against colorectal cancer. This technologically advanced AI software helps highlight polyps of various shapes and sizes, which further helps treat colorectal cancer.
In October 2022, IBM announced the expansion of its embeddable artificial intelligence software portfolio. This expanded portfolio provides access to artificial intelligence libraries that power popular IBM Watson products. These new 3 AI libraries include industry-leading products for a better end-user experience.
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Market Segmentation: By Types
Basic($35-89/Month)
Standard($89-255/Month)
Senior($255-449/Month)
Market Segmentation: By Application
Financial Industry
Manufacturing Industry
Retial
Services
Other
Driver
Enhanced demand for cyber security by all sectors:
The development or advancement of technology has given rise to cyber threats and cyber-attacks, which have forced companies to adopt various cyber security measures to protect confidential information and data carried by networks. Integrated artificial intelligence software for cyber security can spot malware on networks, prioritize the risks and protect the data sources. Artificial intelligence software in cyber security measures detects the threats that are becoming difficult for human analysts due to the massive generation of data. Artificial intelligence software is seen as a vital tool in cyber security with its ability to assess the systems quickly and adequately. The enhanced demand for cyber security by all sectors, such as healthcare, education, automotive, defense, BFSI, and IT & telecommunication, will show predictable growth for the artificial intelligence software market.
Restraint
Limited skill set or a limited number of artificial intelligence experts for the implementation:
A limited skill set for implementing complex software hampers the artificial intelligence software market and is seen as a significant restraint. Artificial intelligence software demands expertise to develop, manage and implement it. Machine learning, deep learning, and cognitive computing are some of the vital technologies of artificial intelligence. A minor unintended error can cause a massive malfunction in the performance of artificial intelligence software and drastically affect the outcomes. Since companies across the globe are investing in and adapting artificial intelligence software for operating the business, being aware of its algorithms, techniques, and other working aspects has become necessary.
Regional Analysis for Artificial Intelligence (AI) Software Market:
North American Market (USA, Canada, North America, Mexico),
European Market (Germany, France, UK, Russia, Italy),
Asia Pacific Market (China, Japan, South Korea, Asian Countries, India, Southeast Asia),
South American Market (Brazil, Argentina ) , Colombia, etc.),
Middle East and Africa Market (Saudi Peninsula, UAE, Egypt, Nigeria, South Africa)
Table of Contents:
Chapter 1 Artificial Intelligence (AI) Software Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Artificial Intelligence (AI) Software Market Forecast
Buy Latest Edition of Market Study Now @
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The research provides answers to the following key questions:
What is the projected market size of the Artificial Intelligence (AI) Software market by 2029?
What will be the normal portion of the overall industry for impending years?
What is the significant development driving components and restrictions of the worldwide Artificial Intelligence (AI) Software market across different geographic?
Who are the key sellers expected to lead the market for the appraisal time frame 2023 to 2029?
What is the moving and arising advances expected to influence the advancement of the worldwide market?
What are the development techniques received by the significant market sellers to remain ahead on the lookout?
Global Artificial Intelligence (AI) Software Market Report: Key Features
- A comprehensive global and regional analysis of the Artificial Intelligence (AI) Software market is also cited in this report.
- Provides detailed coverage of all industry segments in the Artificial Intelligence (AI) Software market to evaluate potential trends, development strategies, and industry size estimations as of 2029.
- The report referred to an in-depth assessment of companies that function in the global Artificial Intelligence (AI) Software market.
- Each industry participant's company profile includes industry portfolio examination, sales revenue, SWOT analysis and recent developments.
- Growth projections examine product segments and regions where industry-leading contributors should focus on investment trends, production/consumption ratios, and more.
Read the full analysis report for better understanding (description, TOC, list of tables and figures, and much more):
https://www.marketinsightsreports.com/reports/102510383481/global-artificial-intelligence-ai-software-industry-research-report-growth-trends-and-competitive-analysis-2022-2028?mode=JESSIE
Key Benefits for Industry Participants and Stakeholders
Competitive landscape & strategies of key players
Historical, current, and projected market size, in terms of value
In-depth analysis of the Artificial Intelligence (AI) Software Market
Potential and niche segments and regions exhibiting promising growth covered
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Custom services available with the report:
- 25% free customization.
- You can add 5 countries according to your choice.
- You can add 5 companies according to your choice.
- Free customization up to 40 hours.
- 1 year post-delivery support from the date of delivery.
About Us:
Market Insights Reports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Market Insights Reports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Contact Us:
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
Mail to: sales@marketinsightsreports.com
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