Artificial Intelligence Market to Hit USD 14.2 billion by 2024

According to Goldstein Research, artificial intelligence (AI) technology has a potential to transform whole spectrum of various industries in upcoming future.

Global artificial intelligence market is further segmented into technology types such as Deep Learning, Robotics, Digital Personal Assistant, Querying Method, Natural Language Processing and Context-Aware Processing. Natural language processing and deep learning technologies are anticipated to hold the major share of artificial intelligence market. Artificial intelligence technology facilitates the organizations by increasing their efficiency and productivity on the back of systematic inputs in the system. Vast applications of artificial intelligence in robotics and self-driving vehicles showcase the future growth of global artificial intelligence market. Moreover, immense researches on big data services and machine learning are some of the factors propelling the growth of global artificial intelligence market.

Global Artificial Intelligence Market Outlook

Market Segmentation

Our in-depth analysis segmented the Global Artificial Intelligence (AI) Market in the following segments:

By Technology

· Deep Learning

· Robotics

· Digital Personal Assistant

· Querying Method

· Natural Language Processing

· Context-Aware Processing

By Product

· Software

· Hardware

By Services

· Installation

· Training

· Support and Maintenance

By End-User Application

· Banking, Financial Services & Insurance (BFSI)

· Wealth Management

· Fraud Detection

· Robot-integrated Manufacturing Systems

· Automated Virtual Assistants

· Manufacturing

· Retail

· Transportation & Automotive

· Healthcare

· Health Assistance

· Research And Development

· Autonomous Guided Vehicles

· Product Recommendation

· Automated In-store Robot

By Region

· North America (US, Canada)

· Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe)

· Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa)

· Latin America (Brazil, Mexico and Rest of Latin America)

· Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific)

· Rest of the World

Global Artificial Intelligence Market Outlook 2024contains detailed overview of the global artificial intelligence market in terms of market segmentation by technology, by vehicle types. Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes provides competitive outlook of some of the major players of the global artificial intelligence market which includes profiling of companies of IBM Corporation, Microsoft, Google, Apple, Intel, Amazon, Anki, AI Brain, Iris AI etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents comprehensive synopsis on the global artificial intelligence market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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