Artificial Intelligence Systems Spending Market: Deep Learning Anticipated to be the Most Attractive Segment by Technology

The report published by Future Market Insights presents the value forecast of the global artificial intelligence systems spending market and provides key insights into the factors driving market growth as well as the factors restricting market growth. The estimates point to a revenue growth from about US$ 11.7 Bn in 2017 to nearly US$ 516.2 Bn by 2027 end, resulting in a CAGR of 46.1% over the forecast period.

The global artificial intelligence systems spending market is segmented on the basis of industry type (BFSI, Discrete & Process Manufacturing, Healthcare, Retail, Wholesale, Professional & Consumer Service, Transportation, Media & Entertainment, Telecommunications & Utilities, Government, Education, Others, on the basis of technology (Deep Learning, Machine Learning, Natural Language Processing, Machine Vision, AGI, ASI) and on the basis of market (hardware, software, services).

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In 2017, the BFSI segment is estimated to be valued at US$ 3,081.5 Mn, and is expected to register a CAGR of 48.6% over the forecast period, to be valued at US$ 161,525.7 Mn by the end of 2027. In 2017, the healthcare segment is estimated to be valued at US$ 1,321.1 Mn, and is expected to register a CAGR of 45.7% over the forecast period, to be valued at US$ 56,943.1 Mn by the end of 2027.

In 2017, the retail segment is estimated to be valued at US$ 1,647.1 Mn, and is expected to exhibit a CAGR of 46.5% over the forecast period, to be valued at US$ 75,128.9 Mn by the end of 2027. In 2017, the deep learning segment is estimated to be valued at US$ 4,758.4 Mn, and is expected to register a CAGR of 49.3% over the forecast period, to be valued at US$ 262,031.6 Mn by the end of 2027.

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Future Market Insights tracks the performance of the global artificial intelligence systems spending market across the key geographies of North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.

As per the forecast of Future Market Insights, the North America artificial intelligence systems spending market is estimated to be valued at US$ 3,197.1 Mn in the year 2017 and is estimated to touch a value of US$ 133,620.3 Mn in the year 2027, exhibiting a CAGR of 45.2% during the assessment period.

The report profiles some of the key market players operating in the global artificial intelligence systems spending market and some of them include Google Inc., Microsoft Corporation, Facebook, Inc., IBM Corporation, Apple Inc., Amazon.com Inc., Intel Corporation, Infosys Limited, Wipro Ltd, Salesforce.com Inc. and IPsoft Inc. among others.

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About Us

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly.

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This release was published on openPR.