According to a latest report published by Progressive Markets, titled, Global Artificial Intelligence Market- Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025,
Artificial Intelligence Market Report Globally, Based On Technology (Machine Learning, Natural Language Processing, Image Processing, Speech Recognition) Industry Vertical and Geography. it is expected that the industry would register a CAGR of 46.5% for the period, 2017-2025. The study is significant for new entrants as it would enable them to get acquainted with the market trends and dynamics.
The study offers executive summary of the global artificial intelligence market, which includes industry attractiveness, trend analysis, competitive scenario, and recent developments in the market. It introduces the industry with a detailed description of report, scope, definition, and research methodology. The study offers an in-depth analysis of the market landscape, such as drivers, restraints, and their impact on the market. Porters Five Force Analysis (PFFA) is provided to highlight the bargaining power of suppliers & buyers, rivalry among industrialists, and threat of substitution.
Artificial intelligence report assesses the market share based on industry verticals, technologies, and regions for the period, 2014-2025. Based on technology, it categorizes the industry into machine learning, speech recognition, image processing, and natural language processing.
Research Factor Included in Artificial Intelligence Industry
The regional distribution of the global artificial intelligence market is done across Europe, North America, Asia-Pacific, and LAMEA. These regions are further categorized into their respective countries. North American countries analyzed by the experts are Canada, U.S., and Mexico. The nations of the Europe evaluated are Germany, U.K., and France. The countries assessed in the region of Asia-Pacific are Japan, China, India, and Australia. The nations covered in the LAMEA region for examination are Saudi Arabia, Brazil, and South Africa. Based on industry verticals, the research divides the industry into Media & Advertising, IT & Telecom, BFSI, Retail, Automotive & Transportation, and Healthcare.The research analyzes the industry by each region, technology, industry type for the historic and forecast period, 2014-2016 and 2017-2025 respectively.
Key Manufacturers Analysis of Global Artificial Intelligence Market
The report discusses big market players of the global artificial intelligence market, such as Google Inc., Microsoft Corporation, IBM Corp., IPsoft, Qlik Technologies Inc., Rocket Fuel Inc., MicroStrategy, Inc., 24/7 Customer, Inc., Brighterion, Inc., and Next IT Corp.Profile of each company is analyzed based on standards set by our analysts which includes a brief introduction of the company, recent developments, and business & financial segments. Knowledge of competition helps key investors and market players to understand the competitive landscape that propels in the industry. An extensive evaluation of the geographical regions provides help to determine opportunities that are present within those regions.
Segmentation of Artificial Intelligence Market by Component and Industry Vertical
The research evaluates the factors that drive the growth of global artificial intelligence market, such as improvement in productivity, diversification of areas for application, and integration drive for big data. It also assesses the aspects that delays progress of the industry which include less skilled workforce and its adverse impact on human existence. The abovementioned parameters of the industry are depicted through tabular format. For instance, some tables give brief description of vendors under the title of company snapshot. The market share of industry verticals, technologies, and regions are shown through tables. The market value for each region, technology, and industry vertical is explained with the help of tables during the period, 2014-2025. The same parameters are represented through pictures. For instance, the revenue generated by every country, technology, and industry vertical is illustrated through figures for the historic as well as forecast period.
The artificial intelligence market study is a rich source of market insights, potential investment technologies and regions. It also provides a clear picture of competitive scenario prevailing in the industry to enable the new entrants as well as the existing players to formulate growth strategy.