Citizen Services AI Market - Segmentation, Manufacturing Cost Analysis

Posted by nileshdbmr on February 3rd, 2020

Global citizen services AI market is expected to rise to an estimated value of USD 20.79 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the advancements and developments of AI technologies inducing a rise in its applications.

Citizen services AI is a certain application of artificial intelligence technology which simply means the application of AI in various government public services. The usage of this technology can transform the operations and working of any government as it develops itself and learns with each task, providing analytical information, management of public services inducing efficiency and providing appropriate implementation of public resources with proper evidence based information and analysis.

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Major Market Competitors/Players: Global Citizen Services AI Market

Few of the major competitors currently working in the citizen services AI market are ADDO AI; ServiceNow; Amazon Web Services, Inc.; Pegasystems Inc.; IBM Corporation; Baidu; Microsoft; NVIDIA Corporation; Tencent; Accenture; Intel Corporation; Oracle; Alibaba Group Holding Limited; Tata Consultancy Services Limited; Alfresco Software, Inc.; FUJITSU and Huawei Technologies Co., Ltd.

Segmentation: Global Citizen Services AI Market

  • By Application (Traffic & Transportation Management, Healthcare, Public Safety, Utilities, General Services)
  • By Technology (ML, NLP, Image Processing, Face Recognition)
  • By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Competitive Analysis: Global Citizen Services AI Market

Global citizen services AI market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of citizen services AI market for global, Europe, North America, Asia-Pacific and South America.

Market Drivers:

  • Increased demand and adoption of IT technologies with increased focus on AI analysis services; this factor is expected to drive the growth of the market
  • Increased levels of demand for automated services and development & modernization of IT technologies from the various applicable end-users; this factor is expected to drive the growth of the market

Market Restraint:

  • Lack of proper awareness and resistance in adoption of new technologies from the governments of various regions; this factor is expected to act as a restraint to the market growth
  • Lack of skilled professionals and availability of infrastructure for the implementation and usage of AI technology from the different regions of the world; this factor is expected to act as a restrain to the growth of the market

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

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nileshdbmr
Joined: September 27th, 2019
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