Asia Pacific Artificial Intelligence market’s revenue is likely to be positively impacted during the forecast period of 2019-2027. Over these projected years, the market is anticipated to exhibit a CAGR rise of 41.60%.
Asia Pacific Artificial Intelligence market is evolving rapidly. The market is increasingly being driven by the growing integration of AI with big data analytics, resulting in enhanced productivity. Asia-Pacific Artificial Intelligence market is mainly driven by rising adoption & investment activities in Artificial Intelligence within countries such as China, India, Japan, and Australia. The China market is likely to expand with the highest CAGR for this region over the projected years. A large number of start-ups are contributing to the prosperity of this market. However, the Asia Pacific market is vulnerable to software or hardware failures and might lag behind due to the unavailability of a skilled workforce.
Many market players such as Uber Technologies Inc., International Business Machines Corporation (IBM) Corporation, Microsoft Corporation, Next IT Corporation (Acquired By Verint), Microstrategy Inc., Shell Oil Company, NVIDIA Corporation, Sizmek Inc., Ipsoft Incorporated, Qlik Technologies, Google Inc., GE Healthcare, Apple Inc., 7.AI, Inc., and Intel Corporation are increasingly engaging in the Asia Pacific Artificial Intelligence market.