Artificial Intelligence Market Overview
The Artificial Intelligence market report is a combination of primary and secondary research methods. It includes a detailed analysis of global and regional market size and share. An in-depth analysis of the Artificial Intelligence market dynamics and regional insights makes the report an investor’s guide.
Market Value:
Artificial Intelligence Market was valued at US$ 116.37 Bn. in 2022 and the total Artificial Intelligence revenue is expected to grow at 25.4% from 2023 to 2029, reaching nearly US$ 567.45 Bn.
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Artificial Intelligence Market Report Scope and Research Methodology
The report includes detailed analysis of Artificial Intelligence market dynamics including opportunities, restraints, challenges and drivers. The primary and secondary research methods were employed to collect and verify the data for the Artificial Intelligence market report. The Maximize Market Research Analyst conducted primary research surveys with the identified Artificial Intelligence companies and while interviewing, the respondents were also enquired about their competitors. Through secondary research, the analyst sourced the list of companies in the industry along with a detailed examination of the macroeconomic and microeconomic factors that have shaped the Artificial Intelligence industry dynamics has been provided in the report. SWOT analysis was conducted to provide the strengths and weaknesses of the key players in the Artificial Intelligence Industry.
Artificial Intelligence Market Segmentation
With a total market share of 37.3% in 2022, 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 organisations to grasp and analyse visual content in order to gain pertinent insights will probably drive the use of artificial intelligence software during the course of the projected period.
In terms of technology, deep learning accounted for 34.6% of the market for artificial intelligence in 2022. Its sophisticated data-driven applications, including text/content or audio recognition, can be credited for the increase. Deep learning offers lucrative investment opportunities by aiding in the problem-solving of massive data volume issues. For instance, Zebra Medical Vision and TELUS Ventures collaborated in 2021 to expand AI solutions to clinical care settings and new modalities and to increase the former's deep learning capabilities' accessibility in North America. Machine learning and deep learning are able to pay for significant expenditures in AI. It discusses cognitive applications such tagging, grouping, categorization, hypothesis generation, alerting, filtering, navigation, and visualisation, as well as AI platforms that enable the development of insightful, perceptive, and useful systems.
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Table of Content: Artificial Intelligence Market
Part 01: Executive Summary
Part 02: Scope of the Artificial Intelligence Market Report
Part 03: Global Artificial Intelligence Market Landscape
Part 04: Global Artificial Intelligence Market Sizing
Part 05: Global Artificial Intelligence Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Artificial Intelligence Market Key Players
An in-depth analysis of key players in the Artificial Intelligence market is included in this report.
• 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.
Artificial Intelligence Market Regional Analysis
The report includes a detailed analysis of several key countries including Artificial Intelligence market size, CAGR, drivers, restraints, opportunities, challenges and a detailed analysis of key players. The regions and the countries covered in the report are:
North America (U.S., Canada, Mexico)
Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC)
South America (Brazil)
The Middle East and Africa
Key Questions answered in the Artificial Intelligence Market Report are:
What is Artificial Intelligence Market?
What was the Artificial Intelligence Market size in 2022?
What will be the CAGR of the Artificial Intelligence market during the forecast period?
Which region held the largest market share in the Artificial Intelligence Market?
What are the opportunities for the Artificial Intelligence Market?
What factors are hampering the Artificial Intelligence market growth?
Which company held the largest share in the Artificial Intelligence market?
What key trends are likely to emerge in the Artificial Intelligence market in the coming years?
What growth strategies are the players considering to increase their presence in Artificial Intelligence Market?
Key offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis of segments and sub-segments
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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