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Artificial Intelligence Market Information 2016: Technological Advancements, Key Company’s Profiles – Forecast to 2027

Thursday, November 3, 2016 3:24
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(Before It's News)

Synopsis of Artificial Intelligence Market:

The major growth driver of Artificial Intelligence Market includes growing demand for AI in sectors such as media & advertising and financial, growing need for improving productivity by organization to increase customer satisfaction, and rising IOT sector among others.

However, lack of expertise and high initial cost is one of the major factors which are hindering the growth of Artificial Intelligence Market.

Market Segments

Global Artificial Intelligence Market can be segmented as follows:

  • Segmentation by System Type: Artificial Neural Network, Digital Assistance System, Automotive Robotics System, and Embedded System among others.
  • Segmentation by Services: Speech Recognition, Gesture Control, Robots, and Language Processing among others.
  • Segmentation by Application: Education, Oil & Gas, Automotive, Healthcare, Media, and Aerospace among others.

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Key Players

Some of the major players in Global Artificial Intelligence Market include:

  • IBM Corporation (U.S.)
  • Google Inc. (U.S.)
  • Brighterion Inc. (U.S.)
  • Microsoft Corporation (U.S.)
  • Facebook (U.S.)
  • Qualcomm (U.S.)
  • Rocket Fuel Inc. (U.S.)
  • Kensho Technologies, Inc. (U.S.)
  • Salesforce (U.S.)
  • Infosys (India)
  • Sentient Technologies (U.S.)

Taste the market data and market information presented through more than 60 market data tables and figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Artificial Intelligence Market Research Report- Global Forecast to 2027

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Industry News:

  • IBM has announced about its minority ownership in UPMC’s supply chain center, Pensiamo on July 2016. IBM and UPMC are going to apply artificial intelligence machine learning solution to this supply chain center.
  • Microsoft has announced on July 2016 that it is now using artificial intelligence to provide office a spell check feature on steroids.

Regional Analysis of Artificial Intelligence Market:

North America is expected to dominate the Global Artificial Intelligence Market with the largest market share due to growing usage of AI in aviation, defence and financial sector in the region, moreover U.S. is one of the biggest market share in the region.

Get In-Depth Table of Contents with List of Figures @

The reports also covers brief analysis of Geographical Region includes:


  • North America
    • US
    • Canada
  • Latin America


  • Western Europe
    • Germany
    • France
    • U.K
    • Rest of Western Europe
  • Eastern Europe

Asia– Pacific

  • Asia
    • China
    • India
    • Japan
    • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.


Ruwin Mendez,

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India



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