Press release
Artificial Intelligence Systems Spending Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Artificial Intelligence Systems Spending Market Size
The surging requirement for automation is anticipated to fuel the expansion of the artificial intelligence systems spending market in the future. Automation is the application of technology and systems to carry out tasks with little to no human involvement. Artificial intelligence system expenditure is applied to automation in order to mechanize monotonous, rule-governed tasks, usually in back-office operations such as data entry, customer handling, and fiscal process. For example, according to 2022 reports by Routine Automation, a Polish firm specialized in computer systems design, there's been an increase in marketers using automation for managing content, rising from 22% in 2021 to 29% in 2022, with 48% utilizing automation. Consequently, this escalating need for automation is steering the growth of the artificial intelligence systems spending market.
Get Your Artificial Intelligence Systems Spending Market Report Here:
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-systems-spending-global-market-report
What is the future CAGR of the artificial intelligence systems spending market, and how will it impact industry expansion?
In recent times, the market size of artificial intelligence systems expenditure has seen a substantial surge. It is projected to expand from $174.16 billion in 2024 to $257.15 billion in the next year with a compound annual growth rate (CAGR) of 47.6%. The remarkable growth during the previous period is largely influenced by the surge in computing capacity, the emergence of cloud computing, heightened awareness and education, regulatory and compliance mandates, and the enhancement of industry-specific applications.
The market size for spending on artificial intelligence systems is anticipated to experience considerable escalation in the coming years. The projection for 2029 stands at $1225.92 billion, representing a compound annual growth rate (CAGR) of 47.8%. Factors contributing to this predicted progression during the forecast period include a significant increase in data, autonomous systems, and robotics, integration of quantum computing, worldwide initiatives for digital transformation and the expanding utilization of AI in the healthcare industry. Key trends to be observed in the forecast period encompass AI in edge computing, AI's role in cybersecurity, amalgamation of quantum computing and AI, AI-powered personalization, and strategic alliances.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13798&type=smp
What trends are poised to drive the future success of the artificial intelligence systems spending market?
Significant corporations in the artificial intelligence systems expenditure sector are concentrating their efforts on AI innovations such as EY.ai, a state-of-the-art AI platform aimed at empowering business transformation via reliable decision-making. EY.ai is a consolidating platform which combines human abilities with artificial intelligence (AI) in order to facilitate assured decision-making and spur on business transformation. For example, in September 2023, Ernst & Young Global Limited, a professional services enterprise from the UK, introduced EY.ai. This platform, designed to merge human expertise with artificial intelligence (AI), enables solid decision-making and business metamorphosis. The platform puts to use EY's superior technology as well as their AI capabilities across multiple areas such as strategy, dealings, transformation, risk, assurance, and tax. Furthermore, the EY.ai platform encourages the incorporation of AI into EY's own technologies and aids in securing a range of progressive alliances with some of the globe's most inventive organizations.
Which key market segments comprise the artificial intelligence systems spending market and drive its revenue growth?
The artificial intelligence systems spending market covered in this report is segmented -
1) By Component: Software, Hardware, Service
2) By Technology: Natural Language Processing, Deep Learning, Artificial General Intelligence, Machine Vision, Artificial Super Intelligence, Machine Learning
3) By Application: Automated Threat Intelligence And Prevention Systems, Fraud Analysis And Investigation, Automated Customer Service, Other Applications
4) By Industry Type: Banking, Financial Services, And Insurance, Discrete And Process Manufacturing, Healthcare, Retail, Wholesale, Professional And Consumer, Service, Transportation, Media And Entertainment, Others Industries
Subsegments:
1) By Software: Machine Learning Software, Natural Language Processing Software, Computer Vision Software, AI Development Platforms, Robotic Process Automation (RPA) Software
2) By Hardware: Processors (CPUs, GPUs, TPUs), Servers, Storage Devices, Networking Equipment, Edge Devices
3) By Service: AI Consulting Services, System Integration Services, AI Support And Maintenance Services, Managed AI Services, Training And Education Services
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13798
What regions are at the forefront of artificial intelligence systems spending market expansion?
North America was the largest region in the artificial intelligence systems spending market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence systems spending market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the artificial intelligence systems spending market?
Major companies operating in the artificial intelligence systems spending market report are Alphabet Inc., Microsoft Corporation, Alibaba Group Holding Limited, Facebook Inc., Dell Technologies Inc., Tencent Holdings Limited, Amazon Web Services, Siemens AG, General Electric (GE), Intel Corporation, accenture* plc, IBM Corporation, Cisco Systems Inc., Oracle Corporation, Qualcomm Incorporated, SAP SE, Hewlett Packard Enterprise (HPE), NVIDIA Corporation, Salesforce.com, Baidu Inc., Adobe Inc., Splunk Inc., PTC Inc., Palantir Technologies Inc., Informatica LLC, Cloudera Inc.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=13798&type=smp
What Is Covered In The Artificial Intelligence Systems Spending Global Market Report?
• Market Size Forecast: Examine the artificial intelligence systems spending market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the artificial intelligence systems spending market for a structured understanding.
• Key Players Overview: Analyze major players in the artificial intelligence systems spending market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the artificial intelligence systems spending market.
• Segment Contributions: Evaluate how different segments drive overall growth in the artificial intelligence systems spending market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the artificial intelligence systems spending market.
• Industry Challenges: Identify potential risks and obstacles affecting the artificial intelligence systems spending market.
• Competitive Landscape: Review strategic developments in the artificial intelligence systems spending market, including expansions, agreements, and new product launches.
Connect with 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.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Artificial Intelligence Systems Spending Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers here
News-ID: 3903594 • Views: …
More Releases from The Business Research Company
Emerging Innovations Set to Redefine the Sewer Rehabilitation Services Market La …
How Large Is the Sewer Rehabilitation Services Market Anticipated to Become by 2025?
The global market for sewer rehabilitation services has experienced robust expansion lately, projected to increase from a valuation of $42.38 billion in 2024 to $45.14 billion in the subsequent year, reflecting a compound annual growth rate (CAGR) of 6.5%. This historical upward trajectory is primarily fueled by several key factors: escalating levels of urbanization, the ever-aging condition of…
2025-2034 Sea Based C4ISR Market Outlook: Emerging Drivers, Growth Barriers, and …
What Market Size Will the Sea Based C4ISR Sector Reach by 2025?
The maritime C4ISR market experienced substantial expansion lately, projected to climb from a value of $3.0 billion in 2024 to $3.17 billion the following year, reflecting a compound annual growth rate of 5.7%. This upward trend observed over the historical period stems from several factors, including the intensification of naval modernization initiatives, escalating maritime security perils, augmentation in defense…
The Impact of Rapid Urbanization on the Ripening Culture Market: A Key Force Sha …
What Is the Forecasted Size of the Ripening Culture Market by 2025?
The market for ripening cultures has experienced substantial expansion lately, projected to increase from a valuation of $1.46 billion in 2024 to $1.57 billion a year later, demonstrating a consistent yearly growth rate (CAGR) of 7.7%. This upward trajectory during the past period stems from several key factors, including heightened demand for fermented dairy items, greater recognition of the…
Strong Demand Anticipated to Drive Recirculating Chillers Market Toward $2.76 Bi …
How Much Expansion Is Expected in the Recirculating Chillers Market by 2025?
The market encompassing recirculating chillers has seen swift expansion lately, projected to escalate from a value of $1.65 billion in 2024 to $1.83 billion by the ensuing year, reflecting an impressive compound annual growth rate (CAGR) of 11.2%. This upward trajectory during the historical timeframe stems from several factors, including the proliferation of automated systems in industrial procedures, escalating…
More Releases for Intel
Global Slim Laptop Market By Type (Intel I3, Intel I5 Low Power Version, Sharp D …
The Global Slim Laptop Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Slim Laptop Market report aims to provide an overview of Slim Laptop Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast, growth opportunity. The most recent trending report Worldwide Slim Laptop Market Economy…
Wearable Computer Market Global Forecast 2018| Studied By LG, ,Honeywell, Epson, …
UpMarketResearch published an exclusive report on “Wearable Computer market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Wearable Computer market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.…
Smart Grid Security Market - Competitive Analysis | Cisco Systems, Inc., Intel C …
The global market for smart grid security is highly influenced by the rise in the population and the rapid pace of urbanization in emerging economies. The main factor behind this is increasing shift of energy resources companies to smart meters and smart appliances by leveraging Internet of Things (IoT) and cloud, owing to the augmenting pressure on them to meet the ever-increasing energy requirements of the urban population. With this,…
Intel Labs launches the Intel Collaborative Research Institute for Computational …
22 May, 2012
—While computer performance exceeds human performance in many respects, there are still many tasks that humans perform easily and computers have a hard time with. Intel, in collaboration with the Technion–Israel Institute of Technology and the Hebrew University of Jerusalem, hopes to change this situation by exploring technologies that mimic the human brain's mode of action—
Intel today announced it is establishing the Intel Collaborative Research institute for…
Rutronik Becomes Europe-Wide Intel Distributor
Ispringen (Germany), February 23, 2016 – As of now, Rutronik Elektronische Bauelemente GmbH is an Embedded Distributor for Intel in the EMEA region. The distribution agreement covers the entire Intel product range, excluding the former Altera products.
Rutronik and Intel officially sealed their distribution agreement at the Embedded World event, making Rutronik an Embedded Distributor for Intel throughout the entire EMEA region. Rutronik as such primarily addresses the industrial market.…
Intel Distributes ESET Security Software With Intel® Desktop Boards
ESET Validates Market Strength as Industry-Leading AV Solution
Dubai, United Arab Emirates, September 23, 2009 – ESET, the leader in proactive threat protection, announced today that Intel will distribute ESET security software products with Intel-branded desktop motherboards starting in Q1 2010. As a result of the distribution agreement, Intel Desktop Boards will include either a 45-day or one-year product license for ESET Smart Security.
ESET will ship exclusively with new Intel®…
