Artificial Intelligence (AI) refers to the development of computer systems or machines which are capable of performing tasks generally done by human such as recognizing different images, speech, gestures or understanding the human language. These machines are also capable of taking decisions by self-learning from the nearby environment. Global artificial intelligence market is expected to grow at a robust pace over the next five years, owing to its widespread implementation in numerous industries, such as automobile, finance, healthcare, consumer electronics, etc. Moreover, growing investments coupled with increase in number of acquisitions of start-ups by leading players such as Google, IBM, Microsoft and others is driving the global artificial intelligence market. Furthermore, increasing research & development activities are also expected to aid the penetration of artificial intelligence into newer applications in next five years.
According to “Global Artificial Intelligence Market By Application, By End User, By Region, Competition Forecast & Opportunities, 2012 – 2022”, the global market of artificial intelligence is anticipated to grow at a CAGR of over 60% during 2017 – 2022. On the basis of application, global artificial intelligence market has been broadly segmented into image recognition, natural language processing, speech recognition, gesture control & others. Among these categories, image recognition dominated global artificial intelligence market in 2016, and the segment is expected to maintain its dominance over the next five years as well. “Global Artificial Intelligence Market By Application, By End User, By Region, Competition Forecast & Opportunities, 2012 – 2022” discusses the following aspects of global artificial intelligence market:
- Global Artificial Intelligence Market Size, Share & Forecast
- Segmental Analysis – By Application (Image Recognition, Natural Language Processing, Speech Recognition, Gesture Control & Others), By End User (Consumer Electronics, BFSI, Transportation, Healthcare, Defense & Security, & Others)
- Regional Analysis – North America, Europe, Asia-Pacific, South America & Middle East & Africa
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report
- To gain an in-depth understanding of global artificial intelligence market
- To identify the on-going trends and anticipated growth in the next five years
- To help industry consultants, artificial intelligence providers, vendors, dealers other stakeholders align their market-centric strategies
- To obtain research based business decisions and add weight to presentations and marketing material
- To gain competitive knowledge of leading market players
- To avail 10% customization in the report without any extra charges and get research data or trends added in the report as per the buyer’s specific needs
The information contained in this report is based upon both primary and secondary research. Primary research included interaction with artificial intelligence providers, distributors, channel partners and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.