Machine Learning Is Expected To Remain The Largest Segment In The Global Artificial Intelligence Market

By Author: Lucintel LLC
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An exciting new study from the team of Lucintel found that artificial intelligence market is expected to reach $115 billion by 2027 with a CAGR of 23.5%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The artificial intelligence market is segmented based on end use industry, technology, product and service, and region. In this market, machine learning is expected to remain the largest technology, and media and advertising segment is expected to remain the largest end use industry. Players can benefit from the available opportunities like the growing adoption of IoT (internet of things), increasing installation of smart home devices, and growing industrial automation in countries, such as China, India, and Taiwan.
Growing adoption of artificial intelligence in IoT applications and increasing demand for AI-enabled processors are emerging trends having impact on ...
... dynamics of the industry.
Google, Siemens AG, Apple Inc., Facebook, Samsung, Microsoft, Amazon, NVIDIA, NEC Corporation, Intel Corporation, IBM, General Electric are some of the major players profiled in this 205 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the artificial intelligence market by end use industry (media and advertising, security, automotive, healthcare, retail, fintech, manufacturing, and others), technology (machine learning, natural learning processing, and others), product and service (hardware, software, and service), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the artificial intelligence market?
Q.4 What are some changing demands of customers in the artificial intelligence market?
Q.5 What are the new developments in the artificial intelligence market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this artificial intelligence area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this artificial intelligence market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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