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Artificial Intelligence Market by Technology- Global Forecast to 2022

Wednesday, March 15, 2017 2:50
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Report Summary-

“Artificial intelligence market to grow at a CAGR of 62.9%”
According to the new market research report on artificial intelligence, this market is expected to be worth USD 16.06 billion by 2022, growing at a CAGR of 62.9% from 2016 to 2022. The growth of the artificial intelligence market can be attributed to the growing application of artificial intelligence in various industries and the increasing adoption of AI for improving consumer service. However, the lack of availability of low-cost and energy-efficient hardware, especially high-speed computing hardware, is hindering the growth of AI market
“Natural language processing is expected to grow at the highest rate from 2016 to 2022”
The market for natural language processing (NLP) is expected to witness fastest CAGR from 2016 to 2022. The growing adoption of NLP in various applications such as AI-powered robots, smartphones, car-infotainment systems, navigation systems, and personal assistant systems, among others is largely driving its growth. Moreover, the deep learning technology is likely to grow at the second-highest CAGR from 2016 to 2022. The growing penetration of deep learning algorithms for myriad AI applications such as voice recognition, fraud detection, voice search, recommendation engines, sentiment analysis, image recognition, and motion detection, among others is mainly driving its market growth.
“Artificial intelligence for the transportation and automotive sector held the largest market share in 2015”
The artificial intelligence market for the transportation and automotive sector held the largest market share compared to other end-user industries in 2015. The use of various AI technologies such as machine learning, natural language processing, image processing, and speech recognition for self-driving cars and the development of human-machine interface systems would drive in the growth of this segment.

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https://www.24marketreports.com/request-sample/artificial-intelligence-market-by-technology-deep-learning-robotics-digital-personal-assistant-querying-method-natural-language-processing-context-aware-processing-offering-end-user-industry-and-geography—global-forecast-to-2022-

Table Of Content-

1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 SCOPE OF THE STUDY 17
1.3.1 MARKETS COVERED 17
1.3.1.1 Geographic scope 17
1.3.2 YEARS CONSIDERED FOR THE STUDY 18
1.4 CURRENCY 18
1.5 LIMITATIONS 19
1.6 STAKEHOLDERS 19
2 RESEARCH METHODOLOGY 20
2.1 RESEARCH DATA 20
2.1.1 SECONDARY DATA 21
2.1.1.1 Key data from secondary sources 21
2.1.2 PRIMARY DATA 22
2.1.2.1 Key data from primary sources 22

For More Details Visit @

https://www.24marketreports.com/semiconductor-and-electronics/artificial-intelligence-market-by-technology-deep-learning-robotics-digital-personal-assistant-querying-method-natural-language-processing-context-aware-processing-offering-end-user-industry-and-geography—global-forecast-to-2022-

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