Artificial Intelligence Market: Projected Industry Size of USD 293.56 Billion by 2030 With CAGR: 21.3%

The artificial intelligence market size is projected to be valued at USD 51.50 billion in 2021 and is expected to rise to USD 293.56 billion by 2030. The market is expected to register a CAGR of 21.3% during the forecast period from 2022 to 2030. Various factors propelling the demand for artificial intelligence include:

● Next-generation computing architectures and the availability of large datasets are encouraging academics and information scientists to innovate quickly.
● The worldwide artificial intelligence sector is expanding due to the growing demand from the market for intelligent solutions that increase productivity and efficiency.
● Technological improvements in the artificial intelligence industry, such as quick speech and natural language processing, are positively influencing growth.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞: https://www.polarismarketresearch.com/industry-analysis/artificial-intelligence-market/request-for-sample

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐀𝐫𝐭𝐢𝐟𝐢𝐜𝐢𝐚𝐥 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞?

The broadest definition of intelligence demonstrated by devices, specifically computer techniques, is artificial intelligence (AI). This field of computer science study focuses on developing and analyzing tools and software to promote devices' perception of their surroundings and utilization of intelligence and learning to make decisions that will boost their probabilities of acquiring particular goals. AI could be a term used to describe these gadgets.

𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬:

Because there are so many companies in the industry, it is expected to be both competitive and fragmented. Some of the leading companies in the artificial intelligence market are:

• Advanced Micro Devices
• AiCure
• Arm Limited
• Atomwise Inc.
• Ayasdi AI LLC
• Baidu Inc.
• Clarifai Inc
• Cyrcadia Health
• Enlitic Inc.
• Google LLC
• H2O.ai.
• HyperVerge Inc.
• International Business Machines Corporation
• IBM Watson Health
• Intel Corporation
• Iris.ai AS.
• Lifegraph
• Microsoft
• NVIDIA Corporation
• Sensely
• Zebra Medical Vision

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬: https://www.polarismarketresearch.com/buy/67/2

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

• Advancements in Technology: Breakthroughs in machine learning algorithms, deep learning, natural language processing (NLP), and computer vision are expanding AI capabilities.
• Big Data: The proliferation of data from various sources provides fuel for AI algorithms, enabling better insights and decision-making.
• Cost Reduction: AI is increasingly being used to automate tasks traditionally performed by humans, leading to cost savings and operational efficiency.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

According to regional research, North America dominated the market and contributed significantly to worldwide income. The high percentage is possible due to government measures aimed at encouraging the deployment of AI across many businesses. In addition, the Asia Pacific market is predicted to grow at a significant CAGR over the forecast period. This development is due to the rapidly increasing investments in artificial intelligence.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.polarismarketresearch.com/industry-analysis/artificial-intelligence-market

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐁𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧:

𝐓𝐡𝐞 𝐚𝐫𝐭𝐢𝐟𝐢𝐜𝐢𝐚𝐥 𝐢𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐦𝐚𝐢𝐧𝐥𝐲 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐨𝐧 𝐭𝐡𝐞 𝐛𝐚𝐬𝐢𝐬 𝐨𝐟 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧, 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲, 𝐚𝐧𝐝 𝐞𝐧𝐝-𝐮𝐬𝐞𝐫.

𝐀𝐫𝐭𝐢𝐟𝐢𝐜𝐢𝐚𝐥 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞, 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟏𝟖 - 𝟐𝟎𝟑𝟎)
• Hardware
• Software
• Services

𝐀𝐫𝐭𝐢𝐟𝐢𝐜𝐢𝐚𝐥 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞, 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟏𝟖 - 𝟐𝟎𝟑𝟎)
• Deep Learning
• Machine Learning
• Natural Language Processing (NLP)
• Machine Vision

𝐀𝐫𝐭𝐢𝐟𝐢𝐜𝐢𝐚𝐥 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞, 𝐄𝐧𝐝-𝐔𝐬𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟏𝟖 - 𝟐𝟎𝟑𝟎)
• Healthcare
• BFSI
• Law
• Retail
• Advertising & Media
• Automotive & Transportation
• Agriculture
• Manufacturing
• Others

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Artificial Intelligence (AI) in Food & Beverages Market: https://www.polarismarketresearch.com/industry-analysis/artificial-intelligence-ai-in-food-and-beverages-market

e-KYC Market: https://www.polarismarketresearch.com/industry-analysis/e-kyc-market

Autonomous Delivery Robots Market: https://www.polarismarketresearch.com/industry-analysis/autonomous-delivery-robots-market

Food Traceability Market: https://www.polarismarketresearch.com/industry-analysis/food-traceability-market

Artificial Intelligence (AI) in Pharmaceutical Market: https://www.polarismarketresearch.com/industry-analysis/artificial-intelligence-ai-in-pharmaceutical-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.