openPR Logo
Press release

Artificial Intelligence (AI) Engineering Market 2024-2033: Competitor Assessment, Industry Size And Major Players

04-24-2024 07:34 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Artificial Intelligence (AI) Engineering Market

Artificial Intelligence (AI) Engineering Market

The artificial intelligence (ai) engineering market size has grown exponentially in recent years. It will grow from $11.49 billion in 2023 to $15.95 billion in 2024 at a compound annual growth rate (CAGR) of 38.8%. The growth in the historic period can be attributed to increased computing power, growing availability of big data, rising demand for automation, expansion of cloud computing.

The artificial intelligence (ai) engineering market size is expected to see exponential growth in the next few years. It will grow to $59.22 billion in 2028 at a compound annual growth rate (CAGR) of 38.8%. The growth in the forecast period can be attributed to demand for ai-powered cybersecurity solutions, growth in edge computing, expansion of ai in healthcare applications, increasing use of ai in customer service. Major trends in the forecast period include development of explainable ai, rise of ai in drug discovery and healthcare research, increased use of ai in human resources, emergence of ai-driven design and creativity tools, growing focus on ethical ai development.

Market Overview -
Artificial intelligence engineering is a discipline that focuses on developing tools, systems, and processes to enable the application of artificial intelligence in real-world contexts. AI engineers play a crucial role in building AI models, designing algorithms, and applying AI technologies to solve complex problems and make data-driven decisions.

Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=12571&type=smp

The Impact Of Automation On The Artificial Intelligence (AI) Engineering Landscape
The rapid adoption of automation is expected to propel the growth of the artificial intelligence (AI) engineering market going forward. Automation refers to developing and using technology to manufacture and distribute goods and services with little human assistance. Automation in the AI engineering sector speeds up development, improves productivity, and streamlines procedures, resulting in the broad adoption of AI technology across various sectors. For instance, in February 2022, according to the International Federation of Robotics, a Germany-based non-profit organization, 23,000 industrial robots will be operating in UK factories in 2021, an increase of 6% from 2021. Further, sales of new robots were up by 8% to 2,205 units in 2020. Furthermore, in April 2021, according to Eurostat, a Luxembourg-based statistical office of the European Union, Denmark, and Finland reported having the highest percentage of businesses adopting artificial intelligence in 2021, with 24% Denmark and 16 % Finland, up from Finland (12%) and Denmark (11%) in 2020. Therefore, the rapid adoption of automation drives the artificial intelligence (AI) market.

Competitive Landscape -
Major companies operating in the artificial intelligence (ai) engineering market report are Alphabet Inc., Microsoft Corporation, Meta Platform Inc., Dell Technologies Inc., Huawei Technologies Co. Ltd., Sony Group Corporation, Tencent Holdings Limited, Amazon Web Services Inc., Siemens AG, General Electric Company, Intel Corporation, International Business Machines Corporation, Samsung Electronics Co. Ltd., Cisco System Inc., Qualcomm Incorporated, Oracle Corporation, SAP SE, Hewlett Packard Enterprise Company, Nvidia Corporation, Salesforce Inc., Capgemini SE, Cognizant Technology Solutions Corporation, Infosys Limited, Baidu Inc., Alibaba Cloud, Zebra Technologies Corporation, Palantir Technologies Inc., UiPath Inc., Verint Systems Inc.

AI And Computer Vision Transforming Geospatial Engineering
Technological advancement is a key trend gaining popularity in the artificial intelligence (AI) engineering market. Major companies operating in the artificial intelligence (AI) engineering market are adopting new technologies to sustain their position in the market. For instance, in March 2023, Mach9 Robotics Inc., a US-based geospatial technology company, launched new geospatial production software. The new tool uses computer vision and AI to produce 2D and 3D CAD engineering deliverables quickly. This is Mach9's conversion from a hardware-first to a software-first business model, brought on by the expanding need for tools that quicken the processing and analysis of geospatial data for infrastructure management.

Browse Full Report @
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-engineering-global-market-report

Key Segments -
The artificial intelligence (ai) engineering market covered in this report is segmented -
1) By Solution: Hardware, Software, Services
2) By Technology: Deep Learning, Machine Learning, Natural Language Processing, Computer Vision
3) By Deployment: On-Cloud, On-Premise
4) By End-User: Healthcare, Automotive And Transportation, Agriculture, Information Technology (IT), Business Management, Other End-Users

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Artificial Intelligence (AI) Engineering Market 2024-2033: Competitor Assessment, Industry Size And Major Players here

News-ID: 3474181 • Views:

More Releases from The Business Research Company

Camera Modules Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, Forecast
Camera Modules Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, F …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033. Camera Modules Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance. The Market Size Is Expected To Reach $78.45 billion In 2028 At
Boron Market Report 2024-2033: Size, Growth, Trends, Analysis, Demand, Key Players, Outlook
Boron Market Report 2024-2033: Size, Growth, Trends, Analysis, Demand, Key Playe …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033. Boron Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance. The Market Size Is Expected To Reach $12.68 billion In 2028 At A
Bioethanol Yeast Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, Forecast
Bioethanol Yeast Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033. Bioethanol Yeast Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance. The Market Size Is Expected To Reach $33.99 billion In 2028 At
Baby Wipes Market Report 2024-2033: Size, Growth, Trends, Analysis, Demand, Key Players
Baby Wipes Market Report 2024-2033: Size, Growth, Trends, Analysis, Demand, Key …
"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033. Baby Wipes Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance. The Market Size Is Expected To Reach $7.85 billion In 2028 At

All 5 Releases


More Releases for Corporation

Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report. The global endotherapy devices market is projected to reach
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary
Smart Camera Market || Key Players - Samsung Electronics Co., Canon Inc., Nikon …
Looking at the current market trends as well as the promising demand status of the Smart Camera Market, it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global Smart Camera Market. Readers can gather prime facets connected to the target market which includes product, end-use and application;
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally. Introduction Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’. Get PDF for more Professional and Technical insights
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market