Research Beam added a report “Artificial Intelligence Market Outlook – Global Trends, Forecast, and Opportunity Assessment (2014-2022)”
The Global Artificial Intelligence Industry is poised to grow at a CAGR of more than 25% through 2014 to 2022 in order to reach approximately $40 billion by 2022. Artificial intelligence uses earlier data to analyze and monitor the system in order to develop the current operational process. Some of the key drivers of market growth include increased usage in 3D printers and adoption of digital assistance system in healthcare and transportation. The United States represents the biggest market for Artificial Intelligence (AI). Highest growth potential is expected to be in Asia-Pacific region. The largest and the fastest growing segment in this market is Expert Systems segment. The artificial intelligence expert systems are increasingly being used in aviation, defense and financial institutions.
The application of artificial intelligence is anticipated to rise in industrial and commercial application in coming years. With approximately 500 patents, IBM is the market leader in artificial intelligence. In entertainment industry, artificial intelligence is progressively being used in gaming applications such as puzzle and chess games. Either through acquisitions or through other strategies major software vendors such as Microsoft, Oracle, IBM, and SAP are actively spreading into the business intelligence market.
Some of the key players in the global Artificial intelligence market are Apple, Facebook, Google, IBM, Microsoft, NEC, Qualcomm, Bloomberg, Tesla Motors and Coursera.
Type of AI Covered:
What our report offers:-
With the arsenal of different search reports, Research Beam helps you here to look and buy research reports that will be helpful to you and your organization. Our research reports have the capability and authenticity to support your organization for growth and consistency. With the window of opportunity getting open and shut at a speed of light, it has become very important to survive in the market and only the fittest and competent enough can do so. So, we try and provide with latest changes in the market that can suit your needs and help you take decision accordingly.
5933 NE Win Severs Drive,
#205, Portland, OR 97220
U.S. & Canada Toll Free: + 1-800-910-6452
International: + 1-503-894-6022
UK: + 44-845-528-1300
India: +91 20 66346070
Fax: +1 (855) 550-5975