Artificial Intelligence Market Revenue, Forecast, Overview and Key Companies Analysis by 2028

Business / Posted 2 years ago by marcus elenia / 157 views

The global Artificial Intelligence Market is expected to reach USD 348.99 Billion by 2027, according to a new report by Emergen Research. The increasing need for understanding consumer needs and market trends is one of the major factors driving the market growth. Moreover, the extensive adoption of smartphones, along with the popularity of social media, will also boost the growth of the market in the coming years.

The report provides detailed insights into Artificial Intelligence market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Artificial Intelligence market size over the forecast period, 2020–2028. The report includes profiles of major players in the Artificial Intelligence market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Global Artificial Intelligence market revenue growth is primarily driven by a variety of factors and trends, some of which include rising focus by major companies on product/service expansion into new and untapped domestic and international markets, rising investments in strategic agreements and mergers, and rapidly growing competition in the Artificial Intelligence market.

Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Artificial Intelligence market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Artificial Intelligence market revenue growth to a significant extent over the forecast period.

Top key vendors in Artificial Intelligence Market include are:

Key participants include Samsung Electronics, Intel, Xilinx, NVIDIA, IBM, Micron Technology, Microsoft, Amazon Web Services (AWS), Google, and Facebook, among others.

For the purpose of this report, Emergen Research has segmented into the global Artificial Intelligence Market on the basis of offering, technology, end-user industry, and region:

Offering Outlook (Revenue, USD Billion; 2017-2027)
- Hardware

Processors
Memory
Network

- Software

AI Platforms
AI Solutions

- Services

Deployment & Integration
Support & Maintenance

- Technology Outlook (Revenue, USD Billion; 2017-2027)

- - Machine Learning

Deep Learning
Supervised Learning
Unsupervised Learning
Reinforcement Learning
Generative Adversarial Networks (GANS)
Others

- - Natural Language Processing (NLP)
  - Context-Aware Computing
  - Computer Vision
- End-User Industry Outlook (Revenue, USD Billion; 2017-2027)
  - Healthcare
  - Manufacturing
  - Agriculture
  - Automotive
  - Retail
  - Human Resources
  - Security
  - Marketing
  - Construction
  - Law
  - Fintech
  - Aerospace
  - Defense
  - Supply chain
  - Food and Beverage
  - Media and Entertainment
  - Gaming
  - Telecommunications
  - Oil and Gas

Access the Entire Report packed with TOC, Tables and Figures and Outline of Prominent Companies@ https://www.emergenresearch.com/industry-report/artificial-intelligence-market

Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Artificial Intelligence Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Region wise performance of the Artificial Intelligence industry

North America Artificial Intelligence market revenue growth was relatively higher than that of other regional markets in 2020. North America market revenue is expected to continue to remain dominant over the forecast period, supported majorly by robust presence of major players in countries in the region and expansion of overall economic Artificial Intelligence growth strategies and initiatives.

Asia Pacific Artificial Intelligence market revenue registered the fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Artificial Intelligence market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. Increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries are some key factors driving Artificial Intelligence market revenue growth in Asia Pacific.

Europe Artificial Intelligence market revenue is expected to continue to remain steady over the forecast period. This can be attributed to changing Artificial Intelligence market trends in countries in other major regions and robust focus on research and development initiatives by major firms in the region with the objective to leverage opportunities and drive Artificial Intelligence revenue growth.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/86

The research provides answers to the following key questions:

What will be the growth rate and the market size of the Artificial Intelligence industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the Artificial Intelligence market across different regions?
Who are the major driving forces expected to decide the fate of the Artificial Intelligence industry worldwide?
Who are the prominent market players making a mark in the Artificial Intelligence market with their winning strategies?
Which Artificial Intelligence industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the Artificial Intelligence market?

Table of Content

Chapter 1. Methodology & Sources

1.1. Artificial Intelligence Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Artificial Intelligence Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2021-2028