Global Artificial Intelligence Market was valued at US$ 92.8 Bn. in 2021 and the total Artificial Intelligence revenue is expected to grow at 25.4% from 2022 to 2029, reaching nearly US$ 567.45 Bn.
Global Artificial Intelligence Market was valued at US$ 92.8 Bn. in 2021 and the total Artificial Intelligence revenue is expected to grow at 25.4% from 2022 to 2029, reaching nearly US$ 567.45 Bn.
Market Overview
Most comprehensive market report published by Maximize Market research provides an extensive regional analysis and competitive landscapes of the Artificial Intelligence market. The growth of the Artificial Intelligence market is expected in forecast period. The report provides the key insights of the market equipped with a detailed regional, demand and competitor analysis.
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Market Scope
The intelligence report on the Artificial Intelligence market gives in depth analysis of the market and the significant drivers that are driving the market growth. To understand the Artificial Intelligence market the report presents the drivers, challenges, restraints and opportunities prevailing the Artificial Intelligence market. The report covers current and future trends to help investors understand the opportunities and challenges in upcoming forecast period. The report is equipped with a competitive analysis of the Artificial Intelligence market. The key players and new entrants are studied and analysed by region, revenue, financial status, portfolio, technological advancements adopted, social media presence, mergers and acquisitions, joint ventures and strategic alliances. This kind of analysis guide the stakeholders, investor, market players and followers and the new entrants with overall view of the Artificial Intelligence market for formulating investment approaches and marketing tactics.
SWOT, PESTLE and PORTER’s five forces methods were used to evaluate the market strengths, weakness, opportunities and challenges to occur in forecast period. These method analyses the potential of the market and industry and gives detailed overview of the Artificial Intelligence market.
Segmentation
With a total share of 37.3% in 2021, the software sector dominated the AI market by solution. The expansion can be attributed to improvements in data storage capacity, powerful computers, and parallel processing ability to offer premium services. Additionally, its ability to gather data, provide real-time insights, and improve decision-making has placed it in a position to take the lion's share of the market. Artificial intelligence software packages offer libraries for developing and implementing AI systems, including primitives, linear algebra, inference, sparse matrices, video analytics, and several hardware connection features. The need for enterprises to grasp and evaluate visual content in order to gain pertinent insights will probably push the use of artificial intelligence software throughout the course of the forecast period.
Businesses employ AI services to reduce overall operational expenses, which boosts revenues. Artificial intelligence as a service, or AIAAS, is being used by businesses to outperform the cloud. Artificial intelligence services include things like integration, maintenance, and support. Hardware for artificial intelligence (AI) includes chipsets with GPUs, CPUs, ASICs, and field-programmable gate arrays (FPGAs) (FPGA). GPUs and CPUs now rule the AI hardware market due to the high computational demands of AI frameworks.
1. Global Artificial Intelligence Market: Research Methodology
2. Global Artificial Intelligence Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to Global Artificial Intelligence Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Global Artificial Intelligence Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact
Key Players
• Advanced Micro Devices
• AiCure
• Arm Limited
• Atomwise, Inc.
• Ayasdi AI LLC
• Baidu, Inc.
• Clarifai, Inc
• Cyrcadia Health
• Enlitic, Inc.
• Google LLC
• H2O.ai.
• HyperVerge, Inc.
• International Business Machines Corporation
• Intel Corporation
• Iris.ai AS.
• Lifegraph
• Microsoft
• NVIDIA Corporation
• Sensely, Inc.
• Zebra Medical Vision, Inc.
Regional Analysis
The report gives in depth analysis of the Artificial Intelligence market with specified and dominating regions and specifies the regions that are expected to grow in forecasted period. The government initiatives also boost the market growth in some regions. The research include an evaluation of regional and local market participants operating in the target market. On global basis the research evaluates the market in North America, Latin America, Europe, Asia Pacific, Africa, and the Middle East. The report delves the regional market for the discovering the regional market trends, constraints and growth potential.
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Key Questions answered in the Artificial Intelligence Market Report are:
Key offerings:
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Artificial Intelligence Market Size , Artificial Intelligence Market Share , Artificial Intelligence Market Growth
Mar 04, 2023