Artificial Intelligence Market Research Report
This global study conducted by GMI Research provides an
overview of the existing market trends, drivers, restrictions, and metrics and
offers a viewpoint for different segments. The market report tracks the overall
demand growth during the forecast period. A regional study of the market is
also carried out in North America, Asia-Pacific, Europe, and the Rest of the
World. The report indicates growth parameters in the regional markets, along
with leading players that are dominating the industry.
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Competitive Landscape:
The leading organizations covered in the Global Artificial
Intelligence Market are:
·
Intel Corporation
·
NVIDIA Corporation
·
Samsung
·
Xilinx
·
Micron Technology, Inc.
·
IBM Corporation
·
Microsoft Corporation
·
Google
·
Amazon Web Services (AWS)
·
Facebook
Drivers of the Global Artificial Intelligence Market:
The global Artificial
Intelligence (AI) market is experiencing an upsurge in demand over the next
six years. This is mainly due to the increasing adoption of cloud-based
applications and services and the continuous growth of big data at the global
level. The advanced AI technologies are improving the performance of economies,
businesses, and various sectors. Additionally, the strong demand for
intelligent virtual assistants across several industry verticals will further
open new opportunities for the growth of the market in the coming years. The
continuous integration of image recognition technology with optical character
recognition, pattern matching, and face recognition in numerous end-use
applications, which includes self-driving cars, drones, and robotics will surge
the demand for AI.
The leading players are emphasizing on mergers and
acquisition with emerging start-ups to gain a competitive advantage over the
other players in the market. For example, in 2017, Microsoft Corporation
acquired Maluuba with an aim to bring advancement in the deep learning and AI
landscape. Furthermore, the increasing adoption of AI technologies will create several
growth opportunities in the market.
The strong demand for AI-powered industrial robots,
particularly in developing economies such as China and Japan, will drive market
growth. On the other edge of the spectrum, the difficulty in data labeling, limited
application of AI in complex models, and the restricted number of AI experts are
the major factors that will hinder the growth of the market over the forecast
period.
Key Benefits offered by the Global Artificial
Intelligence Market report:
·
This study represents the analytical depiction
of the Global Artificial Intelligence Market along with the ongoing trends and
future estimations to determine the imminent investment pockets.
·
The report provides detailed information related
to market drivers, restraints, and growth opportunities, followed by the
analysis of the Global Artificial Intelligence Market Share.
Segmentation of the Global Artificial Intelligence
Market:
The Global Artificial Intelligence Market has been categorized
into the following segments:
Breakup by Offering:
·
Hardware
o
Processors
§
MPU
§
GPU
§
FPGA
§
Others
o
Memory
o
Network
·
Software
o
AI Platforms
§
Application Program Interface (API)
§
Machine Learning Framework
o
AI Solutions
§
On Premises
§
Cloud
·
Services
o
Deployment & Integration
o Support
& Maintenance
Breakup by Technology:
·
Machine Learning
o
Deep Learning
o
Supervised Learning
o
Unsupervised Learning
o
Reinforcement Learning
o
Generative Adversarial Networks (GANS)
o
Others
·
Natural Language Processing (NLP)
·
Context-Aware Computing
·
Computer Vision
Breakup by Type:
·
Narrow/Week AI
·
General/Strong AI
Breakup by End-User:
·
Healthcare
o
Patient Data & Risk Analysis
o
Lifestyle Management & Monitoring
o
Precision Medicine
o
Inpatient Care & Hospital Management
o
Medical Imaging & Diagnostics
o
Drug Discovery
o
Virtual Assistant
o
Wearables
o
Research
·
Manufacturing
o
Material Movement
o
Predictive Maintenance and Machinery Inspection
o
Production Planning
o
Field Services
o
Reclamation
o
Quality Control
·
Automotive
o
Autonomous Driving
o
Hmi
o
Semiautonomous Driving
·
Agriculture
o
Precision Farming
o
Livestock Monitoring
o
Drone Analytics
o
Agricultural Robots
o
Others
·
Retail
o
Product Recommendation and Planning
o
Customer Relationship Management
o
Visual Search
o
Virtual Assistant
o
Price Optimization
o
Payment Services Management
o
Supply Chain Management and Demand Planning
o
Others
·
Security
o
Identity and Access Management
o
Risk and Compliance Management
o
Encryption
o
Data Loss Prevention
o
Unified Threat Management
o
Antivirus/Antimalware, Intrusion
Detection/Prevention Systems
o
Others
·
Human Resources
o
Virtual Assistant
o
Applicant Tracking & Assessment
o
Personalized Learning and Development
o
HR Analytics
o
Job Recommendation
o
Sentiment Analysis
·
Marketing
o
Social Media Advertising
o
Search Advertising
o
Dynamic Pricing
o
Virtual Assistant
o
Content
Curation
o
Sales & Marketing Automation
o
Analytics Platform
o
Others
·
Law
o
Ediscovery
o
Legal Research
o
Contract Analysis
o
Case Prediction
o
Compliance
o
Others
·
Fintech
o
Virtual Assistant
o
Business Analytics & Reporting
o
Customer Behaviour Analytics
o
Others
·
Construction
o
Project Management
o
Field Management
o
Risk Management
o
Schedule Management
o
Defence
o
Warfare Platform
o
Cyber Security
o
Target Recognition
o
Battlefield Healthcare
o
Simulation & Training
o
Planning & Allocation
o
Threat Monitoring & Situational Awareness
o
Information Processing
o
Other
·
Aerospace
o
Smart Maintenance
o
Flight Operations
o
Training, Surveillance
o
Virtual Assistants
o
Dynamic Pricing
o
Manufacturing
o
Others
·
Supplychain
o
Fleet Management
o
Supply Chain Planning
o
Warehouse Management
o
Virtual Assistant
o
Risk Management
o
Freight Brokerage
o
Others
·
Building Automation
·
Consumer
·
Food & Beverage
·
Gaming
·
Media and Entertainment
·
Telecommunication
o
Predictive Maintenance & Machine Inspection
o
Customer Analytics
o
Network Security
o
Network Optimization
o
Self-Diagnostics
o
Virtual Assistance
o
Others
·
Oil & Gas
o
Predictive Maintenance & Machine Inspection
o
Material Movement
o
Production Planning
o
Field Services
o
Quality Control
o
Reclamation
Breakup by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
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