Press release
North America AI Market to Surge at 21.9% CAGR, Projected to Reach $151.27 Billion by 2029
North America Artificial Intelligence Market
The North America Artificial Intelligence (AI) market is poised for remarkable growth, driven by advancements in AI technologies and their increasing adoption across various sectors. According to recent analysis, the market was valued at USD 27.05 billion in 2023 and is expected to reach USD 89.34 billion by 2030, growing at a CAGR of 18.6% during the forecast period.
Below, we present country-specific insights regarding growth, opportunities, trends, consolidation, and recent updates for the industry in Vietnam, Thailand, Japan, China, South Korea, Singapore, the US, and Europe.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/11329/
Opportunities in Vietnam's AI Market
Vietnam's AI market is rapidly evolving with significant investments in healthcare, manufacturing, and logistics. Recent partnerships between FPT Corporation and leading global AI firms have accelerated AI integration into Vietnam's industrial ecosystem. The government has also launched several initiatives to nurture AI startups, ensuring a promising future for AI in the country.
AI Growth in Thailand
Thailand is experiencing substantial growth in AI adoption, particularly in agriculture, retail, and smart cities. In 2024, True Digital Group announced a strategic partnership with IBM Watson to revolutionize Thailand's retail sector through AI-driven customer insights. The government's Thailand 4.0 initiative continues to be a driving force behind AI integration in various sectors.
Trends in Japan's AI Industry
Japan remains a leader in robotics and autonomous systems, leveraging AI to enhance automation in manufacturing and healthcare. In 2023, SoftBank Robotics expanded its global partnerships, focusing on AI-powered customer service robots. The country is also witnessing an increase in AI-powered elderly care solutions, addressing its aging population challenges.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/11329/
Consolidation in China's AI Market
China is dominating the global AI landscape with significant advancements in natural language processing (NLP) and computer vision technologies. Companies like Alibaba Group and Baidu continue to lead the market, making strategic acquisitions to enhance AI capabilities. Recent developments include the acquisition of iFlytek's AI tools by global enterprises, further consolidating China's position as an AI hub.
Updation in South Korea's AI Ecosystem
South Korea has established itself as a hub for AI research and development, with companies like Samsung Electronics and LG AI Research pioneering innovations in AI-powered consumer electronics. The South Korean government recently announced a $1 billion AI research fund, aimed at fostering domestic AI startups and creating more collaborative opportunities in the global market.
AI Growth Opportunities in Singapore
Singapore is embracing AI in finance, healthcare, and urban planning, driven by its robust digital infrastructure. The Singaporean government's Smart Nation initiative has been pivotal in integrating AI solutions. Recent partnerships between Grab and global AI leaders have led to the deployment of AI-driven ride-hailing algorithms and personalized customer services.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/11329/
Trends in the US AI Market
The United States continues to dominate the AI market, with major players like Google, Microsoft, and Amazon Web Services (AWS) leading innovation. The market is witnessing increasing demand for generative AI technologies, with new startups entering the space. In 2024, OpenAI partnered with several educational institutions to expand the use of AI in e-learning platforms.
Consolidation in Europe's AI Sector
Europe is focusing on ethical AI development, with regulatory frameworks like the AI Act shaping the market. Leading companies such as SAP and Siemens are investing heavily in AI to boost efficiency across industries. In 2024, DeepMind, a European subsidiary of Alphabet, announced collaborations with several universities to enhance AI research in healthcare and climate change.
๐ ๐จ๐ซ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/market-report/north-america-artificial-intelligence-ai-market/11329/
North America Artificial Intelligence Market Segmentation
by Offering
โข Hardware
โข Software
โข Services
by Technology
โข Machine Learning
โข Natural Language Processing
โข Context-aware computing
โข Computer Vision
by End-Use Industry
โข Healthcare
โข Manufacturing
โข Automotive
โข Agriculture
โข Social Media
โข Financial Services
โข Others
North America Artificial Intelligence Market Key Players
โข Affirm
โข Afiniti
โข AEYE
โข AiCure
โข Algolia
โข Amplero
โข Anki
โข Arterys
โข CloudMinds
โข Cognitive Scale
โข CrowdStrike
โข Cybereason
โข Conversica
โข DataRobot
โข Deep Sentinel
โข Descartes Labs
โข Freenome
โข Insight Engines
โข Mya Systems
โข Element AI
โข Kindred Systems
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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