Press release
Rising Investment in AI Startups and Government Initiatives: A Key Driver Transforming the Artificial Intelligence (AI) Software Market 2024
Artificial Intelligence (AI) Software Market
The global artificial intelligence (AI) software market reached a value of nearly $59.97 billion in 2023, having grown at a compound annual growth rate (CAGR) of 35.52% since 2018. The market is expected to grow from $59.97 billion in 2023 to $223.25 billion in 2028 at a rate of 30.07%. The market is then expected to grow at a CAGR of 31.03% from 2028 and reach $59.97 billion in 2033.
What are the upcoming opportunities in the global artificial intelligence (AI) software market?
The key players in the market are adopting extensive strategies in the edtech and smart classrooms market such as:
• Enhance operational capabilities through the launch of new products and developments.
• Strengthen business operations through the introduction of new solutions.
• Enhance operational capabilities through strategic partnerships.
Get The Complete Scope Of The Report
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-software-global-market-report
To take advantage of the opportunities, The Business Research Company recommends the artificial intelligence (AI) software companies to focus on:
• Focus on integrating innovative solutions like search tools to enhance data retrieval, user experience, and business efficiency.
• Emphasize AI-powered technologies, such as AI-driven PC operating systems and programs.
• Develop innovative products like AI chatbots to improve customer interaction.
• Focus on enhancing AI capabilities with products like Rufus.
• Streamline legal research and analytics with services like Lexis+ AI.
• What are edtech and smart classrooms: market definition?
What are artificial intelligence (AI) software: market definition?
Artificial intelligence (AI) software refers to computer programs and algorithms capable of learning from data, recognizing patterns, making decisions, and solving problems autonomously or with minimal human intervention, designed to simulate and perform tasks that require human intelligence. This software is applied across various industries and domains to automate processes, enhance decision-making, personalize experiences, optimize operations, and innovate products and services.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report
https://www.thebusinessresearchcompany.com/sample_request?id=14634&type=smp
Who are the major companies operating in the global artificial intelligence (AI) software market?
The global artificial intelligence (AI) software market is fairly fragmented, with a large number of small players operating in the market. The top ten competitors in the market made up to 19.0% of the total market in 2023. NVDIA Corporation. was the largest competitor with a 5.9% share of the market, followed by:
• Google LLC (Alphabet Inc.).
• Open AI
• Microsoft Corporation
• Intel Corporation
• Oracle Corporation.
• Cisco Systems Inc.
• International Business Machines (IBM) Corporation
• Adobe Inc
• Baidu Inc.
We Offer Customized Report, Click Here
https://www.thebusinessresearchcompany.com/Customise?id=14634&type=smp
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
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
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. We have published over 15,000 reports across 27 industries and 60+ geographies. Our research is powered by 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
We provide continuous and custom research services, offering a range of specialized packages tailored to your needs, including Market Entry Research Package, Competitor Tracking Package, Supplier & Distributor Package and much more.
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 Rising Investment in AI Startups and Government Initiatives: A Key Driver Transforming the Artificial Intelligence (AI) Software Market 2024 here
News-ID: 3771166 • Views: …
More Releases from The Business research company
Segment Evaluation and Major Growth Areas in the Cannabis Vaporizers Market
The cannabis* vaporizers market has witnessed significant expansion recently, driven by changing perceptions and regulatory landscapes surrounding cannabis* use. As more regions legalize cannabis* and consumers become increasingly health-conscious, the demand for safer alternatives to traditional smoking methods continues to rise. Let's explore the current market size, key players, emerging trends, and segmentation insights shaping this evolving industry.
Steady Growth Outlook for the cannabis* Vaporizers Market by 2029
The cannabis*…
Emerging Growth Patterns Driving the Expansion of the Window Film Market
The window film industry has been experiencing significant growth, driven by evolving building technologies and increasing consumer awareness. As demand rises for smarter, more sustainable, and safer architectural solutions, the market is set to expand further in the coming years. Below, we explore the current market size, key players, technological developments, and the trends shaping the window film sector.
Window Film Market Size and Projected Growth Through 2029
The window…
Overview of Segmentation, Market Dynamics, and Competitive Landscape in the Baby …
The baby wipes market has demonstrated consistent growth over recent years, driven by evolving consumer habits and increasing hygiene consciousness. As parents seek convenient and gentle solutions for infant care, the market is set for continued expansion. Below is a detailed look at the current market size, driving factors, key players, and future trends shaping the baby wipes industry.
Steady Increase in Baby Wipes Market Size Through 2025
The baby…
Segment Analysis and Major Growth Areas in the Synthetic Leather and Artificial …
The synthetic leather, also known as artificial leather, market has been experiencing notable growth and is poised for further expansion in the coming years. Driven by various industry demands and shifting consumer preferences, this market is attracting considerable attention from manufacturers and investors alike. Let's explore the current market size, key players, driving factors, and emerging trends shaping this sector's future.
Steady Expansion of the Synthetic Leather Market Size
In…
More Releases for Artificial
Artificial Intelligence or Artificial Soul by Denise White
Author Denise White exposes the subtle societal forces shaping young minds and offers profound wisdom to help children develop resilience against artificial influences.
As artificial intelligence continues to permeate every aspect of modern life, from self-driving cars to virtual assistants, a critical question arises: Are we sacrificing our authenticity and human essence for the sake of technological advancement? In her latest book, Guarding the Child's Imagination , author Denise White sheds…
Artificial Neural Network Software Market: Advancements in Artificial Neural Net …
The Report on "Artificial Neural Network Software Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
Market Growth of Artificial Neural Network Software Market: The artificial neural network software market is experiencing robust growth as organizations across various industries increasingly leverage AI-driven solutions to enhance decision-making, automate processes, and gain actionable insights from…
Global Artificial Intelligence Market, Global Artificial Intelligence Industry, …
Major players in the artificial intelligence market are Google, IBM, Baidu, Microsoft, Apple Inc., Ipsoft, NVIDIA Corporation, Samsung Electronics Co.Ltd, and Micro Strategy Inc.
The Global Artificial Intelligence Market is expected to grow from USD 28.42 billion in 2019 to USD 40.74 billion in 2020 at a compound annual growth rate (CAGR) of 43.39%. The growth is mainly due to the COVID-19 health emergency across the globe that has led to…
Artificial Iris Market - Industry Analysis, Size, Share, Growth, Trends, and For …
The global Artificial Iris Market is anticipated to gain the market worth of US$ 16.28 million by 2025, expanding at a CAGR of 6.39% during the forecast period 2019-2025. The natural pupil controls the amount of light that enters the eye and people with pupil or iris abnormalities may experience glare or haloes in sunlight or bright artificial light. Patients may also feel self-conscious about the appearance of their eyes…
Global Artificial Organs Market Facts, Figures and Analytical Insights, 2018 to …
Artificial Organs Market Introduction
Artificial organ is an engineered device or tissue that is implanted into the human body. These artificial organs replace a natural organ in order to duplicate a specific function so that the patient can return to a normal life. It is a medical device with biochemical or mechanical function such as lung, heart, liver, kidney, or neurosensory organs.
Artificial organs are surgically implanted or are extra…
Artificial Kidney Market Report 2018: Segmentation by Type (Wearable Artificial …
Global Artificial Kidney market research report provides company profile for Medtronic, DaVita, Merit Medical Systems, NIPRO Medical Corporation, Nikkiso, B. Braun Melsungen AG, Kawasumi Laboratories, Fresenius, Baxter, Asahi Kasei Medical, Xcorporeal and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for…
