Technology
Global Artificial Intelligence Market was valued at USD 16.2 Billion in the year 2017. Global Artificial Intelligence Market is further estimated to grow at a CAGR of 37.16 % from 2018 to reach USD 107.86 Billion by the year 2023. North America region holds the highest market share in 2017 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At the country level, China and Japan are the major markets in the Asia Pacific region and holds a substantial market share in 2017 and it is projected to grow at a gradual pace in the coming years.
The market is segmented by technology, industry verticals, and geography. By technology, it is sub-segmented into machine-learning, natural language processing, image processing, and speech recognition. In the year 2017, machine-learning generated the highest revenue in the global market. However, the speech recognition sub-segment is anticipated to exhibit the highest growth during the forecast period.
Based on industry verticals, the market is segmented into media & advertising, BFSI, IT & telecom, retail, healthcare, automotive & transportation, and others (agriculture, educational institutions, and law). Among these, the BFSI segment dominated the market in terms of revenue in 2017 and is projected to continue its dominance throughout the forecast period.
Drivers:
Growth in Big Data
Growth in Adoption of Cloud-Based Applications and Services
Restraints:
Limited Number of AI Experts
Opportunities:
Improving Operational Efficiency in the Manufacturing Industry
Adoption of AI to Improve Customer Service
Challenges:
Concerns Regarding Data Privacy
Intel (US), NVIDIA (US), Xilinx (US), Samsung (South Korea), Facebook (US), Micron Technology (US), IBM (US), Google (US), Microsoft (US), and AWS (US) are some of the key players in the global Artificial Intelligence Market.
Key Benefits for Stakeholders
Semiconductor companies
Technology providers
Universities and research organizations
System integrators
AI solution and platform providers
Investors and venture capitalists
By Technology
Machine learning
Natural language processing
Image processing
Speech recognition
By Industrial Vertical
Media & advertising
BFSI
IT & telecom
Retail
Healthcare
Automotive & transportation
Others (agriculture, law, educational institutions)
By Region
North America
Europe
Asia-Pacific
RoW
Key Market Players
Intel
Nvidia
Samsung Electronics
Xilinx
Micron Technology
IBM
Microsoft
Amazon Web Services (AWS)
(Another brief information of 10 companies will be provided in a report.)
Research Methodology:
Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –
Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.
1. Introduction
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
1.2 Limitations
1.3 Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.1.1. Key Data from Secondary Research
2.1.2. Primary Research
2.1.2.1. Key Data from Primary Research
2.1.2.2. Breakdowns of Primary Interviews
2.2. Market Size Estimation
2.2.1. Bottom-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Revenue Process
2.3. Data Triangulation
2.4. Research Assumptions
2.4.1. Assumption
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
4.6. Regulations
4.7. Supply Chain/Value Chain Analysis
4.8. Patent & Standards
5. Industry Trends
5.1. Introduction
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry
6. Global Artificial Intelligence Market, By Technology
6.1 Machine learning
6.2 Natural language processing
6.3 Image processing
6.4 Speech recognition
7. Global Artificial Intelligence Market, By Industrial Vertical
7.1 Media & advertising
7.2 BFSI
7.3 IT & telecom
7.4 Retail
7.5 Healthcare
7.6 Automotive & transportation
7.7 Others (agriculture, law, educational institutions)
8. Geographical Analysis
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. U.K.
8.3.2. Germany
8.3.3. Italy
8.3.4. France
8.3.5. RoE
8.4. Asia Pacific
8.4.1. South Korea
8.4.2. China
8.4.3. Japan
8.4.4. South Korea
8.4.5. RoAPAC
8.5. RoW
8.5.1. Latin America
8.5.2. Middle East and Africa
9. Company Profiles
(Business Overview, Financial Overview, Product write Up, Recent Developments)
9.1 Intel
9.2 Nvidia
9.3 Samsung Electronics
9.4 Xilinx
9.5 Micron Technology
9.6 IBM
9.7 Microsoft
9.8 Google
9.9 Amazon Web Services (AWS)
9.10 Facebook
(Another brief information of 10 companies will be provided in the report.)
10. Competitive Analysis
10.1. Introduction
10.2. Market Positioning of Key Players
10.3 Competitive Strategies Adopted by Leading Players
10.3.1. Investments & Expansions
10.3.2. New Product Launches
10.3.3. Mergers & Acquisitions
10.3.4. Agreements, Joint Ventures, and Partnerships
11. Appendix
11.1. Questionnaire
11.2. Available Customizations
11.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)
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