Artificial Intelligence (AI) Market: Top Scenario, SWOT Analysis, Business OvervPosted by anna on December 3rd, 2020 Global Artificial Intelligence Market: Overview According to a new market report pertaining to the global artificial intelligence market published by Transparency Market Research the global artificial intelligence market is projected to reach US$ 5,508.4 Bn by 2027. The artificial intelligence market is projected to expand at a CAGR of 24.5% from 2019 to 2027. Increasing dependency over automation is expected to drive the growth of the market. Over the forecast period, North America is anticipated to have the largest market share whereas Asia Pacific is expected to grow at the highest rate.
For More Details, Request A Sample Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4674 In the healthcare sector, artificial intelligence solutions are being utilized for different purposes including medical diagnosis, and medical data processing and analysis, among others. Artificial intelligence solutions usually work alongside doctors in order to provide highest care quality. Moreover, in the banking and financial sector, the artificial intelligence systems can be used to ensure minimum risk by identifying all the potential threats through the extensive analysis of historical and existing data or information. The widening application base of artificial intelligence solutions is encouraging enterprises across the world to increase their IT spending across these sectors including healthcare, finance, and E-commerce, among others. Artificial Intelligence Market: Market Taxonomy The global artificial intelligence market has been segmented in terms of type, application, and region. Based on type, the market has been segmented into artificial neural network, digital assistance system, embedded system, expert system and automated robotic system. Based on application, the market has been segmented into deep learning, smart robots, image recognition, digital personal assistant, querying method, language processing, gesture control, video analysis, speech recognition, context aware processing and cyber security. By region, the global artificial intelligence market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Initially, vendors across the ecosystem of artificial intelligences were analyzed based on device and technology providers in the market. Like it? Share it!More by this author |