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North America Artificial Intelligence (AI) Market 2023 Revenue Share, SWOT Analysis and Forecast Presumption till 2029

07-15-2024 12:17 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Maximize Market Research Pvt. Ltd.

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐€๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐ข๐š๐ฅ ๐ˆ๐ง๐ญ๐ž๐ฅ๐ฅ๐ข๐ ๐ž๐ง๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐€๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐ข๐š๐ฅ ๐ˆ๐ง๐ญ๐ž๐ฅ๐ฅ๐ข๐ ๐ž๐ง๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐€๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐ข๐š๐ฅ ๐ˆ๐ง๐ญ๐ž๐ฅ๐ฅ๐ข๐ ๐ž๐ง๐œ๐ž (๐€๐ˆ) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐š๐ง๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ข๐จ๐ง๐ฌ

The ๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐€๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐ข๐š๐ฅ ๐ˆ๐ง๐ญ๐ž๐ฅ๐ฅ๐ข๐ ๐ž๐ง๐œ๐ž (๐€๐ˆ) ๐Œ๐š๐ซ๐ค๐ž๐ญ valued at $151.27 billion in 2029, is projected to grow at an impressive CAGR of 21.9% between 2021 and 2029. This growth trajectory is underpinned by the increasing adoption of AI across various sectors and the rising investments in AI technology, especially in the United States.

๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐จ๐Ÿ ๐‚๐Ž๐•๐ˆ๐ƒ-19 ๐จ๐ง ๐ญ๐ก๐ž ๐€๐ˆ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The COVID-19 pandemic has had a significant impact on the AI market, influencing revenue streams of market leaders, followers, and disruptors differently across regions and segments. The varying degrees of lockdown implementations across different regions have resulted in diverse impacts, which are meticulously analyzed in the report. This analysis is crucial for decision-makers to devise both short-term and long-term strategies for navigating the market landscape post-pandemic.

๐†๐ž๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐„๐ช๐ฎ๐ข๐ฉ๐ฉ๐ž๐ ๐ฐ๐ข๐ญ๐ก ๐ˆ๐ง๐ญ๐ž๐ซ๐š๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ซ๐š๐ฉ๐ก๐ฌ: https://www.maximizemarketresearch.com/request-sample/11329/

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐€๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐ข๐š๐ฅ ๐ˆ๐ง๐ญ๐ž๐ฅ๐ฅ๐ข๐ ๐ž๐ง๐œ๐ž (๐€๐ˆ) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

In 2016, the North American AI market was valued at $20.88 billion and was expected to grow at a CAGR of 21.9% from 2016 to 2024. The market is segmented based on offerings (hardware, software, and services), technology (machine learning, natural language processing, context-aware computing, and computer vision), end-user industries (healthcare, manufacturing, automotive, agriculture, social media, financial services, and others), and regions (U.S. and Canada).

๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐š๐ง๐ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ:

Artificial intelligence, a specialized branch of computer science, focuses on creating intelligent machines capable of performing tasks such as speech recognition, learning, planning, and problem-solving. The increasing integration of AI in consumer electronics, healthcare research and development, unmanned aerial vehicles, and autonomous cars has significantly driven market growth.

๐ˆ๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ ๐š๐ง๐ ๐’๐ญ๐š๐ซ๐ญ-๐ฎ๐ฉ ๐„๐œ๐จ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ:

Venture capital investments in AI are thriving, particularly in the U.S., which is experiencing a surge in AI start-ups backed by angel investors and venture capitalists. This robust investment climate is fostering innovation and accelerating the development and deployment of AI technologies.

๐†๐ž๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ ๐š๐ง๐ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

The report highlights the strategic importance of the U.S. and Canada within the North American AI market. It underscores efforts to promote collaboration among Canadian AI hubs in Montrรฉal, Toronto-Waterloo, and Edmonton. These initiatives aim to position Canada as a global leader in AI investment and innovation. The Canadian Institute for Advanced Research plays a pivotal role in managing funds and supporting the national AI strategy.

๐‰๐จ๐› ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ฆ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ:

While AI technology is creating new job opportunities, it is also contributing to job displacement. For instance, Goldman Sachs anticipates that self-driving vehicles could lead to 25,000 truckers losing their jobs monthly. Similarly, automation in warehouses could replace around one million pickers and packers in the U.S., with robots working continuously without the need for lighting. Amazon's acquisition of Kiva Systems for $775 million in 2012 exemplifies the shift towards automated warehousing solutions.

๐‚๐š๐ง๐š๐๐ข๐š๐ง ๐€๐ˆ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ฒ:

Canada is also making significant strides in AI, with a proposed budget of $125 million for a Pan-Canadian Artificial Intelligence Strategy focused on research and talent development. This strategic investment aims to enhance Canada's position as a leading destination for AI innovation.

๐†๐ž๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ˆ๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐  ๐‚๐ก๐š๐ซ๐ญ๐ฌ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/11329/

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ

โ™ฆ ๐๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ :

โ€ข Hardware
โ€ข Software
โ€ข Services

โ™ฆ ๐๐ฒ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:

โ€ข Machine Learning
โ€ข Natural Language Processing
โ€ข Context-Aware Computing
โ€ข Computer Vision

โ™ฆ ๐๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

โ€ข Healthcare
โ€ข Manufacturing
โ€ข Automotive
โ€ข Agriculture
โ€ข Social Media
โ€ข Financial Services
โ€ข Others

โ™ฆ ๐๐ฒ ๐†๐ž๐จ๐ ๐ซ๐š๐ฉ๐ก๐ฒ:
โ€ข U.S.
โ€ข Canada

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐€๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐ข๐š๐ฅ ๐ˆ๐ง๐ญ๐ž๐ฅ๐ฅ๐ข๐ ๐ž๐ง๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

โ€ข Affirm
โ€ข Afiniti
โ€ข AEYE
โ€ข AiCure
โ€ข Algolia
โ€ข Amplero
โ€ข Anki
โ€ข Arterys
โ€ข CloudMinds
โ€ข Cognitive Scale
โ€ข CrowdStrike
โ€ข Cybereason
โ€ข Conversica
โ€ข DataRobot
โ€ข Deep Sentinel
โ€ข Descartes Labs
โ€ข Freenome
โ€ข Insight Engines
โ€ข Mya Systems
โ€ข Element AI
โ€ข Kindred Systems

The North American AI market is poised for significant growth, driven by technological advancements, strategic investments, and robust innovation ecosystems. This dynamic market landscape presents numerous opportunities and challenges, making it essential for stakeholders to stay informed and adaptable.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐…๐ฎ๐ซ๐ญ๐ก๐ž๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/market-report/north-america-artificial-intelligence-ai-market/11329/

๐“๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐‚๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ:

1. ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ: A brief summary of the North America Artificial Intelligence (AI) Market.
2. ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž: The boundaries and focus of the North America Artificial Intelligence (AI) Market report.
3. ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž: A comprehensive view of the North America Artificial Intelligence (AI) Market environment.
4. ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž: Analysis of the current size of the North America Artificial Intelligence (AI) Market.
5. ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐›๐ฒ ๐“๐ฒ๐ฉ๐ž: Breakdown of the North America Artificial Intelligence (AI) Market by different types.
6. ๐…๐ข๐ฏ๐ž ๐…๐จ๐ซ๐œ๐ž๐ฌ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Evaluation of competitive pressures in the market.
7. ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ž๐ซ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Insights into the customer demographics and behavior.
8. ๐†๐ž๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Examination of the market across different regions.
9. ๐ƒ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง ๐…๐ซ๐š๐ฆ๐ž๐ฐ๐จ๐ซ๐ค: Tools and criteria for decision-making in the market.
10. ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ: Key factors driving growth and the challenges faced.
11. ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ: Current trends shaping the North America Artificial Intelligence (AI) Market.
12. ๐•๐ž๐ง๐๐จ๐ซ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž: Overview of the key vendors in the North America Artificial Intelligence (AI) Market.
13. ๐•๐ž๐ง๐๐จ๐ซ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Detailed analysis of major vendors.

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

โ€ข What are North America Artificial Intelligence (AI) Derivatives?
โ€ข What is the current growth rate of the North America Artificial Intelligence (AI) Market?
โ€ข Who are the key players in the North America Artificial Intelligence (AI) Market?
โ€ข What are the factors affecting growth in the North America Artificial Intelligence (AI) Market?
โ€ข Who held the largest market share in the North America Artificial Intelligence (AI) Market?
โ€ข What is the demand pattern for the North America Artificial Intelligence (AI) Market?
โ€ข What are the key trends in North America Artificial Intelligence (AI) Market?
โ€ข What are the strategies used by competitors in the North America Artificial Intelligence (AI) Market?
โ€ข What are the growth prospects in developing countries for the North America Artificial Intelligence (AI) Market?
โ€ข Which segment is expected to witness the fastest growth and why in the North America Artificial Intelligence (AI) Market?

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

โ€ข Past Market Size and Competitive Landscape (2019 to 2022)
โ€ข Past Pricing and price curve by region (2019 to 2023)
โ€ข Market Size, Share, Size & Forecast by Different Segment | 2023-2030
โ€ข Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โ€ข Market Segmentation - A detailed analysis by product, end-user, distribution channel, and region
โ€ข Competitive Landscape - Profiles of selected key players by region in a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
โ€ข PESTLE Analysis
โ€ข PORTER's analysis
โ€ข Value chain and supply chain analysis
โ€ข Legal Aspects of business by region
โ€ข Lucrative business opportunities with SWOT analysis
โ€ข Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐‡๐ž๐ซ๐ž:

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5. Die Attach Machine Market https://www.maximizemarketresearch.com/market-report/global-die-attach-machine-market/119398/

6. Dietary Supplements Market https://www.maximizemarketresearch.com/market-report/global-dietary-supplements-market/26277/

7. Digital Advertising Market https://www.maximizemarketresearch.com/market-report/global-digital-advertising-market/23678/

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9. Digital Imaging Market https://www.maximizemarketresearch.com/market-report/digital-imaging-market/14355/

10. Digital Instrument Cluster Market https://www.maximizemarketresearch.com/market-report/digital-instrument-cluster-market/1451/

๐Ž๐ฎ๐ซ ๐€๐๐๐ซ๐ž๐ฌ๐ฌ:

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๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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