“Diversified application areas are expected to drive the artificial intelligence market”
The artificial intelligence market is estimated to grow from USD 419.7 million in 2014 to USD 5.05 billion by 2020, at a CAGR of 53.65% from 2015 to 2020. This growth can be attributed to the factors such as diversified application areas, improved productivity, and increased customer satisfaction.
“Machine learning technology to gain maximum traction during the forecast period”
The machine learning technology is expected to account for the largest share of the overall AI market during the forecast period. In addition, due to the increase in demand for AI from the media & advertising and finance sectors, the artificial intelligence market is expected to gain traction in the next five years. The machine learning technology market for the retail, healthcare, law, and oil & gas sectors is also expected to witness growth during the forecast period.
The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the artificial intelligence market comprehensively and provides the closest approximations of the revenue numbers for the overall market and sub segments across different applications and regions.
2. The report would help stakeholders to understand the pulse of the market and provides them with the information on key market drivers, restraints, challenges, and opportunities.
This report would help stakeholders to better understand their competitors and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions.
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Table of Contents
1 INTRODUCTION 13
2 RESEARCH METHODOLOGY 17
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 30
5 MARKET OVERVIEW 33
6 INDUSTRY TRENDS 40
7 ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY 48
8 ARTIFICIAL INTELLIGENCE BY HARDWARE & SERVICE 57
9 ARTIFICIAL INTELLIGENCE MARKET, BY APPLICATION 61
10 ARTIFICIAL INTELLIGENCE MARKET, BY GEOGRAPHY 79
11 COMPETITIVE LANDSCAPE 109
12 COMPANY PROFILES 119
13 APPENDIX 143
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