Artificial Intelligence (AI) Market Top Players, Segmentation & Future Trends Analysis till 2030

Artificial Intelligence- Description

The Global Artificial Intelligence market is presently worth USD 129.12 billion and is poised to amplify at a CAGR of 38.1% over 2022-2030, thereby amassing a valuation of USD 1708.26 billion by end of the assessment timeline.

Artificial intelligence (AI) refers to a machine's or robot's ability to accomplish tasks often carried out by intelligent beings. The phrase is frequently used to describe efforts to develop artificial intelligence (AI) systems that have cognitive capacities similar to those of humans, such as the ability to reason, find meaning, generalise, and learn from experience.

Artificial intelligence is a broad term that describes a collection of computer-based procedures that mimic human intelligence by weighing different options, taking into account fresh information and incorporating it into existing data structures, and drawing novel conclusions from qualitative, quantitative, or probability-based estimates. Depending on their autonomy and level of automation, AI routines differ in how much they rely on human input or solicit it before making judgments or incorporating information. They use a variety of technologies. Among the most important are artificial neural networks, big data analytics, and machine learning more specifically. Massive amounts of data are gathered from several sources and analysed using particular queries and statistical analysis techniques by big data analytics. Data collection and analysis are automated by artificial intelligence. computer learning

Global Artificial Intelligence Market- Key trends

Essential to achieve robotic autonomy to stay competitive in a global market

The robotics business is currently undergoing significant change because to AI, especially computer vision and ML. Businesses have begun to think about fully autonomous robots that can observe, interact, and conceive the environment around them in order to stay ahead in a global market. Industries are looking for dependable and skilled technology partners as they start to traverse the current technological transformation. Artificial neural networks are used by deep learning models to handle enormous amounts of data, including texts, photos, and audio in order to produce correct results.

Rise in governments initiatives and increase in investments to leverage the AI technology

Government attention has been drawn to AI technology by the expanding uses and simple deployment methods, which has resulted in an increase in government investment in AI and related technologies. Budgets for AI-based pilot programmes have begun to be allocated by government authorities, public sector organisations, and NGOs for a variety of AI applications, such as traffic management, document digitization, and road and public safety.

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Global Artificial Intelligence Market- Segmental assessment

By component

• Hardware- AI Chipsets, memory units, storage devices, sensors
• Software- AI platform, ML Tools, NLP Tools, and others.
• Services- professional, system integration and deployment, AI Technology consulting, support and maintenance, and managed.

By application

• Virtual assistants/ chatbots
• Forecast and modelling
• Text analytics
• Speech analytics
• Computer vision
• Predictive maintenance
• Others

By end-user

• Banking, financial services and insurance (BFSI)
• Retail
• Healthcare
• Media and entertaining
• Automotive and transportation
• Education
• Others

Table of Contents

1. Market Introduction and Market Overview
2. Market – Executive Summary
3. Artificial Intelligence Market Trends, Outlook, and Factors Analysis
4. Global Artificial Intelligence Market: Estimates & Historic Trend Analysis (2018 to 2021)
5. Global Artificial Intelligence Market Estimates & Forecast Trend Analysis, by Deployment
6. Global Artificial Intelligence Market Estimates & Forecast Trend Analysis, by Component
7. Global Artificial Intelligence Market Estimates & Forecast Trend Analysis, by Content Type
8. Global Artificial Intelligence Market Estimates & Forecast Trend Analysis, by End Use
9. Global Artificial Intelligence Market Analysis and Forecast, by Region
10. North America Artificial Intelligence Market: Estimates & Forecast Trend Analysis
11. Europe Artificial Intelligence Market: Estimates & Forecast Trend Analysis
12. Asia Pacific Artificial Intelligence Market: Estimates & Forecast Trend Analysis
13. Middle East & Africa Artificial Intelligence Market: Estimates & Forecast Trend Analysis
14. Latin America Artificial Intelligence Market: Estimates & Forecast Trend Analysis
15. Competitive Landscape
16. Company Profiles
17. Assumptions and Research Methodology
18. Conclusions and Recommendations

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