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Adaptive AI Market Size, Trends, Share Analysis, Size And Forecast To 2033

05-22-2024 08:27 AM CET | IT, New Media & Software

Press release from: The Business research company

Adaptive AI Market Overview

Adaptive AI Market Overview

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.

Adaptive AI 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 $6.55 billion In 2028 At A CAGR Of 43.4% :
The adaptive AI market size has grown exponentially in recent years. It will grow from $1.07 billion in 2023 to $1.55 billion in 2024 at a compound annual growth rate (CAGR) of 44.1%. The growth in the historic period can be attributed to growing demand for more intelligent ai systems, increasing demand for ai in various sectors, and rising adoption of self-learning platforms.

The adaptive AI market size is expected to see exponential growth in the next few years. It will grow to $6.55 billion in 2028 at a compound annual growth rate (CAGR) of 43.4%. The growth in the forecast period can be attributed to rising demand for eLearning solutions, increasing government initiatives, and increasing focus on ai-driven solutions. Major trends in the forecast period include technological advancements, product innovations, and proliferation of data from various sources.

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Adaptive AI Market Major Segments
The adaptive ai market covered in this report is segmented -
1) By Component: Platform, Services
2) By Technology: Machine Learning, Deep Learning, Reinforcement Learning, Natural Language Processing (NLP), Computer Vision
3) By Application: Offline Learning And Adaptation, Real-time, Context-aware Adaptation, Autonomous Decision-Making, Other Applications
4) By End-User: Banking, Financial Services and Insurance(BFSI), Healthcare And Life Sciences, Aerospace And Defense, Information Technology And Telecommunications, Media And Entertainment, Retail And E-Commerce, Manufacturing, Other End Users

Key Driver - Adaptive Artificial Intelligence Market Soars With Increasing Initiatives Worldwide

The increasing government initiatives are expected to fuel the growth of the adaptive AI market going forward. Government initiatives refer to specific actions, programs, or policies undertaken by a government to address issues, achieve specific goals, or bring about positive changes in various aspects of society. Governments can provide financial support for research and development in AI, including adaptive AI, by making data and tools readily available to a wider community. For instance, in June 2023, the Ministry of Innovation, Science, and Industry, under the auspices of the Government of Canada, a Canada-based government agency, initiated the second phase of the Pan-Canadian artificial intelligence program. Further, this rollout, supported by a substantial investment exceeding US$ 443 million, underscores the government's commitment to enhance the integration and commercialization of AI across various sectors of the country's economy. Therefore, increasing government initiatives is driving the growth of the adaptive AI market.

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Prominent Trend - Revolutionizing Call Protection With Industry's First Self-Learning Adaptive AI System

Major companies operating in the adaptive AI market are developing innovative and advanced adaptive AI systems to gain a competitive edge in the market. Adaptive AI with spam and fraud call protection features observes the patterns left by spammers in the network traffic and adapts in real-time to detect illegal and unwanted calls. For instance, in November 2021, Hiya, a US-based company that provides spam and fraud call protection, launched Adaptive AI. This is the first self-learning call protection system that hunts and shuts down illegal callers in real time. This technology evaluates calls by looking for emerging patterns of sca*mmers, such as the originating carrier and its reputation, the country where the call originated, and the network signature indicating spam risk.

Adaptive AI Market Players
Major companies operating in the adaptive ai market report are Cisco Systems Inc., Tech Mahindra Limited, Databricks Inc., Ness Digital Engineering, C3.ai Inc., SofturaInc., Leewayhertz, KITRUM, Suffescom Solutions, Slang, Brighterion Inc., Cerebri AI Inc., Apexon, OpenXcell, Arka Softwares, Risingmax, Markovate Inc., Dynam.Ai, Cygnus Software Inc., CanopyLAB A/S, Testive Inc., 5StarDesigners Ltd., Ask Technologies Inc., A.I. Global Media Limited, Numerai, Skyline AI Ltd.

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/adaptive-ai-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the adaptive AI market in 2023. The regions covered in the adaptive ai market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Adaptive AI Market Report Structure
3. Adaptive AI Market Trends And Strategies
4. Adaptive AI Market - Macro Economic Scenario
5. Adaptive AI Market Size And Growth
…..
27. Adaptive AI Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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