The Global Artificial Intelligence Market report has recently been updated to include the latest trends and developments in the industry. The report now covers the impact of the COVID-19 pandemic on the market, including the changes in consumer behaviour, supply chain disruptions, and government regulations. It also includes an analysis of the market’s response to the pandemic, including the acceleration of digital transformation, increased investment in research and development, and the emergence of new business models. In addition, the report provides insights into the growing importance of sustainability and environmental concerns in the industry, as consumers become more conscious of the impact of their purchasing decisions on the planet. With this new information, businesses can better understand the evolving market dynamics and make strategic decisions to position themselves for success in the post-pandemic world.
Artificial Intelligence Market was valued at US$ 92.8 Bn. in 2021 and the total Artificial Intelligence revenue is expected to grow at 25.4% from 2022 to 2029, reaching nearly US$ 567.45 Bn.
Market Overview:
The “Global Artificial Intelligence Market” analysis is a specialized and extensive examination of the Artificial Intelligence market growth, with a particular emphasis on global market trends and analysis. The purpose of the report is to give an overview of the Artificial Intelligence market, as well as extensive market segmentation by type, end-user, and geography of the region. During the predicted period, the Artificial Intelligence market size is expected to develop rapidly. The research provides important information on the market position of the Artificial Intelligence market major players, as well as significant market trends and opportunities.
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Market Scope:
The report includes a SWOT analysis to assess the Artificial Intelligence market strengths and weaknesses. The research analyst conducts thorough research of the Artificial Intelligence Market size, share, trends, total earnings, gross revenue, and profit margin to precisely anticipate the market and give professional insights to investors to keep them up to speed on market developments.
The report on Artificial Intelligence Market offers a thorough analysis of the industry that is equipped with a major key finding that includes major market drivers, opportunities, challenges, and growth rate of the Artificial Intelligence market. The report acts as a guide for investors in the industry. The report provides the size of the Artificial Intelligence Market and Compound Annual Growth Rate for the forecast period (2022 to 2029).
Segmentation:
With a total market share of 37.3% in 2021, the software category dominated the AI industry. 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 enterprises to grasp and evaluate visual content in order to gain pertinent insights will probably push the use of artificial intelligence software throughout the course of the forecast period.
Key Players:
• 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.
Regional Analysis:
The Artificial Intelligence market research provides the market area, which is further divided into sub-regions and countries. This section of the report contains information on profit forecasts as well as market share in each country. This part of the report discusses each region, country, and sub-market region’s share and growth rate over the estimated time.
The report provides a PESTLE analysis for all five regions namely North America, Europe, Asia Pacific, Middle East, Africa, and South America for the Artificial Intelligence market research.
Key Questions answered in the Artificial Intelligence Market Report are:
- What is Artificial Intelligence Market?
- What is the forecast period of the Artificial Intelligence Market?
- What is the competitive scenario of the Artificial Intelligence market?
- Which region held the largest market share in the Artificial Intelligence Market?
- What are the opportunities for the Artificial Intelligence Market?
- What factors are affecting the Artificial Intelligence market growth?
- Who are the key players of the Artificial Intelligence market?
- Which company held the largest share in the Artificial Intelligence market?
- What will be the CAGR of the Artificial Intelligence market during the forecast period?
- What key trends are likely to emerge in the Artificial Intelligence market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Artificial Intelligence.
- Landscape- Leading key players and other prominent key players.
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