Artificial Intelligence Services Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the artificial intelligence services industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected artificial intelligence services market growth numbers 2021-2030.
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The Artificial Intelligence Services Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global artificial intelligence services market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Artificial Intelligence Services Global Market Report 2021 covers artificial intelligence services market drivers, artificial intelligence services market trends, artificial intelligence services market growth rate, artificial intelligence services market major players, player-adopted strategies in the market, and artificial intelligence services market size.
The global artificial intelligence services market is expected to grow from $0.77 billion in 2020 to $0.96 billion in 2021 at a compound annual growth rate (CAGR) of 24.7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The AI services market is expected to reach $3.39 billion in 2025 at a CAGR of 37%.
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The report covers the artificial intelligence services market segments-
1) By Technology: Machine Learning, Computer Vision, Natural Language Processing (NLP), Others
2) By End-User: Banking, Financial, And Insurance (BFSI), IT & Telecom, Retail, Manufacturing, Public Sector, Energy & Utility, Healthcare, Others
3) By Services Type: Managed Services, Professional Services
4) By Software Tools: Web-Based And Cloud Application Programming Interface, Processing And Modeler, Archiving And Data Storage
5) By Organization Type: Small And Medium-Sized Enterprises, Large Enterprise
6) By Deployment Mode: On-Premise, Cloud
7) By Application Type: Fraud Detection, Data Analytics & Visualization, Customer Service And Management, Risk Management, Compliance & Security
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