Growth of Artificial Intelligence (AI) Market are scheduled to accelerate at a high CAGR of 35% to reach above USD 521.3 billion by 2028 during Forecast Period from 2019 to 2028.
Artificial Intelligence (AI) Market Overview
Rapid development of the IT sector positively effects the market as novel solutions are launched by the key industry players. Strategic moves and developments such as partnerships, agreements, collaborations, and mergers provides a competitive edge to the Artificial Intelligence (AI) market.
The global Artificial Intelligence (AI) market is segmented created on component, deployment model, organization size, industry vertical, and geography.
However, high dependency on the internet and the concerns for cloud security restrain the Artificial Intelligence (AI) market growth in the market. Moreover, the rising adoption of cloud-based services by small and medium enterprises across the world is likely to deliver beneficial opportunities for the market to grow.
To allow the next wave of growth, technology companies should rededicate their efforts to improving transparency, agility, collaboration, sustainability, and digital innovation. Involving demand estimation, new product development and entry strategies, marketing and distribution strategies in the high-risk arena of new enlargements by helping you identify unmet needs.
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Artificial Intelligence (AI) Market Players
Following are the major Companies of Market - Alphabet Inc. (US), Microsoft Corporation (US), IBM Corporation (US), Baidu, Inc. (China), Intel Corporation (US), Samsung Electronics Co., Ltd. (South Korea), Amazon Web Services, Inc. (US), SAS Institute Inc. (US), Facebook, Inc. (US), SAP SE (Germany), and others
Market Segmentation:
Artificial Intelligence (AI) Market by Offering, 2019-2028, (In USD Billion)
Hardware
Processor
Memory
Network
Software
Application Program Interface (API)
Machine Learning Framework
Services
Deployment And Integration
Support And Maintenance
Artificial Intelligence (AI) Market by Technology, 2019-2028, (In USD Billion)
Machine Learning
Deep Learning
Supervised Learning
Unsupervised Learning
Reinforcement Learning
Other Technology
Natural Language Processing
Context-Aware Computing
Computer Vision
Artificial Intelligence (AI) Market by Business Function, 2019-2028, (In USD Billion)
Marketing And Sales
Security
Finance
Law
Human Resource
Other Business Function ()
Artificial Intelligence (AI) Market by Vertical 2019-2028, (In USD Billion)
BFSI
Retail And Ecommerce
Telecommunication And It
Healthcare And Life Sciences
Automotive
Government And Defense
Manufacturing
Energy And Utilities
Other Verticals (Education, Media And Entertainment And Travel And Hospitality)
Key geographies evaluated in this report are:
North America
S
Canada
Europe
France, Germany, Italy, Spain, and the UK
Eastern Europe
CIS
APAC
China
India
Japan
Australia
Others
Latin America
Argentina
Brazil
Others
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Table of Content
Introduction
Research Methodology
Executive Summary
Market Insights
Market Dynamics
Technology Overview
Artificial Intelligence (AI)- Market segmentation
Key Vendor Profiles
Investment Analysis
Future of the Global Cloud Collaboration Market
Reasons to Purchase this Report:
Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
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