Germany Artificial Intelligence (AI) Market Size, Share & Forecast To 2025
Posted by Rishabh on January 29th, 2020
Germany Artificial Intelligence market is estimated to grow significantly at a CAGR of 34.1% during the forecast period. The presence of well-established and start-up companies is one of the major factors driving the growth of the AI market in the country. The government is focusing to create AI environment in the country for the overall growth of the country. It is working to develop infrastructure together with other partners from the European Union to support AI research. For instance, Germany and France are focused on the development of a Franco-German R&D network that is based on existing infrastructure. The country is also working to develop better regulatory for R&D activities as in the field of AI research. It must meet high regulatory requirements in order to successfully enter the markets.
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The market is segmented on the basis of offering, end-user industry, and country. Based on offering, the market is divided into software & services and hardware. The market for software and services was the highest market during the forecast period. Based on the end-user industry, the market is segmented into manufacturing, automotive, IT and BFSI, healthcare, e-commerce & logistics, home appliances, and others.
A full report of Germany Artificial Intelligence (AI) Market is available at: https://www.omrglobal.com/industry-reports/germany-artificial-intelligence-market
The country is performing R&D dedicated to gain a position in the AI sector. The country has various sites focused on R&D in healthcare-related to AI which include DFKI (Das Deutsche Forschungszentrum für Künstliche Intelligenz GmbH), Intelligent Analysis and Information Systems (IAIS), and Fraunhofer Institute for Medical Image Computing (MEVIS) and Cyber Valley.
Germany Artificial Intelligence Market by Offering
Germany Artificial Intelligence Market by End-User Industry
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About the AuthorRishabh
Joined: June 18th, 2019
Articles Posted: 354
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