Artificial Intelligence Market Key Player, Advanced Technology, Applications And Business Opportunities till 2027 | Coronavirus Effects

 Market Highlights

The surfeit of opportunities offered by AI is prompting the development of the artificial intelligence market 2020. The information & communication technology industry reports are shaped by Market Research Future, which centers on market choices for expansion. A 48 % CAGR is estimated to spur the market’s revenue to USD 25 billion by 2023.

The leveraging of AI by organizations to mine valuable insights is estimated to spur the AI industry in the coming period. Furthermore, the stress on enhancing customer experience is projected to create a favorable scope for the AI market size in the coming period. Also, the growing IoT sector is estimated to bolster the artificial intelligence market in the impending period.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/1139

Segmentation:

The segmentation of the artificial intelligence market is carried out on the basis of system type, services, application, and regions. Based on the system type, the segments of automotive robotics system, digital assistant system, artificial neural networks, and embedded system are included in the artificial intelligence market. The artificial intelligence market on the basis of services consist of gesture control, robots, speech recognition, and language processing, among others. The segmenting the artificial intelligence market on application comprises of oil & gas, media and entertainment, automotive, healthcare, education, and aerospace, among others. Based on the regions, the artificial intelligence market is segmented into North America, Europe, APAC, and other regions.

Detailed Regional Analysis

The regional examination of the artificial intelligence market includes regions such as North America, Europe, APAC, and other regions. The North American region is likely to direct the development of the artificial intelligence market with the prime percentage owing to the growing use of artificial intelligence in defense, aviation, and the financial sector. Moreover, the U.S. retains the most significant market portion. Though, in the European region, the deployment of cloud-based AI is projected to view a remarkable growth shortly due to the escalating demand of consumers towards artificial intelligence uses such as speedy and simple document control and on-demand access to data.

Competitive Analysis

The collaboration of competitors in this market is expected to give way to new developments and novel product launches. The growth of the market is contingent on the delicate balance of the forces of demand and supply. The consumers in the market are well aware of their requirements and how the market can meet them. The enrichment of the sources of supply is allowing the market players to create products that can be successful in the market effectively. The availability of advantageous policies and regulations by trade bodies and governments is expected to hasten the escalation of the market in the forecast period. The improved economic state of the companies is likely to lead to better research and development trials and activities in the impending period. The upgradation in production capacity is estimated to accelerate market expansion in the upcoming period further.

The vital players in the artificial intelligence market are Microsoft Corporation (U.S.), Google Inc. (U.S.), Brighterion Inc. (U.S.), Rocket Fuel Inc. (U.S.), Facebook (U.S.), Qualcomm (U.S.), IBM Corporation (U.S.), Salesforce (U.S.), Kensho Technologies, Inc. (U.S.), Sentient Technologies (U.S.), Infosys (India) and among others.

Industry Updates:

Mar 2020 The authorities in Spain are funding robots to automate the testing of people for the Covid-19 coronavirus. The Spanish administration is setting up to test 80,000 people a day for coronavirus with the introduction of robot testers. The technology will be applied to speed up examining people in Spain, one of the nations hit severely by the Covid-19 pandemic, with 200 deaths recorded so far. The application of AI and robot technology could help conquer these problems while dipping medical practitioners’ contact with the virus.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/artificial-intelligence-market-1139

Global Artificial Intelligence Market, System Type (Artificial Neural Networks, Digital Assistant, Automotive Robotics System, Embedded System), Services (Speech Recognition, Gesture Control, Robots, Language Processing), Application - Forecast till 2023

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                    

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

IT Asset Management Software Market Share, Growth Factors, Comprehensive Research, Analysis by Leading Companies with Forecast till 2027 | Coronavirus Effects

  Market Highlights The IT assets include the hardware component as well as the software component. IT asset management software has a prominent role in the growth strategy of an enterprise. It helps the senior level management to make accurate purchase decisions. IT asset management is also referred to as IT inventory management as it largely involves the collection of information, regarding hardware and software used in an organization. The IT asset management software market is estimated to reach a valuation of USD 3 Bn towards the end of 2023. The software has developed a significant role in devising growth strategies of enterprises which is likely to accelerate its adoption over the next couple of years. Additionally, the reduced cost of software licensing by relocating non-utilized resources is expected to fuel the growth of the market. IT asset management can be categorized as hardware asset management, digital asset management, and software asset management. Get a F...
Read more

Intelligent Railway Transport System Market Key Findings, Regional Analysis, Top Key Players, Profiles and Future Prospects | Impact of COVID-19

  Market Scenario: The intelligent railway transport system facilitates the use of information technology for managing the services provided by the railways. The railway relies on the radio network and the GPS system for effective implementation of intelligent transport system. The intelligent railway transport system market is majorly driven by its ability of providing high security for the passengers and the high service quality to the customers. The market will also grow with the increase in adoptions of internet of things technology in the railway system. The increasing trend of internet services is contributing in the growth of Intelligent Railway Transport System Market. The increasing use of rail transport among all modes of transportation has created an effective and timely management of services among others such as scheduling of trains. Whereas, the increased need for adoption of intelligent transport system in railways has made this possible and hence has increased the...
Read more

Network Slicing Market Research Report- Forecast till 2026

  Market Highlights The global network slicing market is projected to reach USD 1,936.67 million by 2026, registering a CAGR of 51.48% during the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the network slicing market to offer a better glimpse into the coming years Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/10624 Segmentation: The global network slicing market has been segmented based on component, end user, application, and region Based on component, the global network slicing market has been segmented into solution and services. The services segment is further sub-divided into professional and managed services. The solution segment is expected to account for a significant market share over the projected period. The increasing adoption of network slicing solutions in the market for delivering high-speed network coverage services across various end users contributes to the growth of...
Read more