Lewes, DE -- (SBWire) -- 02/05/2019 --Global Artificial Intelligence Market is accounted for $15.70 billion in 2017 and is expected to reach $300.26 billion by 2026 growing at a CAGR of 38.8% during the forecast period. Rising demand for intelligent virtual assistants, enhance operational efficiency in manufacturing industry and increase in implementation of cloud based applications and services are some factors impacting the market growth. However, irregularity of artificial intelligence algorithms is restricting the market.
Artificial intelligence is an intelligence established by machines, in contrast to the natural intelligence displayed by humans and other animals. Artificial intelligence based systems basically appear as a black box data is fed in one end and the result is outputted from the other, with no way to check how the system came to its decision. It is associated to human intelligence with related characteristics such as language understanding, analysis, learning, problem solving and others and it is situated at the core of the next generation software technologies in the market. Google, IBM, Microsoft and other leading companies have dynamically executed AI as a essential part of their technologies.
By technology, computer vision segment is expected to grow at the highest CAGR due to the increasing implementation of computer vision in autonomous and semiautonomous applications in different industries such as manufacturing and automotive, is fuelling the growth of this segment in the AI market.
Amongst geography, Asia Pacific dominates the global market during the forecast period. In this region, the growth of the market is influenced due to high computing power, parallel processing and fast improvements in information storage capacity.
Some of the key players in Artificial Intelligence market include Rockwell, Samsung Electronics, Facebook, Intel, Google, Cisco, Microsoft, Oracle, SK Hynix Inc., International Business Machines Corporation, General Electric, Siemens, Mellanox Technologies, IRIS Automation, General Vision, Sentient Technologies, Micron Technology, Descartes Labs, Twitter.
Offering Covered:
- Services
- Software
- Hardware
Types Covered:
- Automated Robotic System
- Artificial Neural Network
- Expert System
- Digital Assistance System
- Embedded System
Technologies Covered:
- Computer Vision
- Context-Aware Computing
- Machine Learning
- Natural Language Processing (NLP)
- Machine Vision
Applications Covered:
- Querying Method
- Context Aware Processing
- Speech Recognition
- Cyber Security
- Digital Personal Assistant
- Video Analysis
- Image Recognition
- Gesture Control
- Smart Robots
- Language Processing
End-Users Covered:
- Law
- Marketing
- Fintech
- Human Resources
- Manufacturing
- Healthcare
- Agriculture
- Security
- Retail
- Automotive & Transportation
- IT & telecom
Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
France
Italy
UK
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
- South America
Argentina
Brazil
Chile
Rest of South America
- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Spanning over 167 pages "Artificial Intelligence - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Artificial Intelligence Market, By Offering, Global Artificial Intelligence Market, By Type, Global Artificial Intelligence Market, By Technology, Global Artificial Intelligence Market, By Application, Global Artificial Intelligence Market, By End-User, Global Artificial Intelligence Market, By Geography, Key Developments, Company Profiling. This report Covered Companies few are - Rockwell, Samsung Electronics, Facebook, Intel, Google, Cisco, Microsoft, Oracle, SK Hynix Inc., International Business Machines Corporation, General Electric.
Please visit this link for more details: https://www.marketresearchreports.com/stratistics-mrc/artificial-intelligence-global-market-outlook-2017-2026
Find all Telecom Reports at: https://www.marketresearchreports.com/telecom
For related reports please visit: https://www.marketresearchreports.com/search/site/Artificial%2520Intelligence
Read our Interactive Market Research Blog
About MarketResearchReports.com
MarketResearchReports.com is world's largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.
Contact us for your market research requirements: https://www.marketresearchreports.com/contact
