Artificial Intelligence Market Recent Future Opportunities, Industry Analysis, Overview, Share and Forecast Report 2027

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Artificial Intelligence Market Size – USD 29.50 Billion in 2019, Market Growth – CAGR of 36.2%

VANCOUER, BC, CANADA, January 19, 2022 / — The Global artificial intelligence market and helps market players to intensify their footprint in the industry. The report provides detailed analysis focused on critical market dynamics such as drivers, restraints, trends, and growth opportunities to help businesses prepare for any challenges they may encounter during the forecast period. It also offers regional analysis of the Global Artificial Intelligence Market to explore possible growth prospects available in different parts of the world.

Artificial intelligence can help reduce construction costs in several ways. For example, the use of virtual reality glasses and mini-robots in buildings under construction to monitor the progress of work. AI is also used today to design the routing of electrical and plumbing systems in modern buildings. Artificial intelligence is also beneficial for the development of safety systems on construction sites, which reduces the risk of hazards and accidents.

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The global artificial intelligence market is expected to reach $348.99 billion by 2027, according to a new report from Emergen Research. The growing need to understand consumer needs and market trends is one of the major drivers of market growth. Moreover, the massive adoption of smartphones, along with the popularity of social media, will also boost the market growth in the coming years.

Research Methodology

Data triangulation and market breakdown
Research hypotheses Research data, including primary and secondary data
Primary data includes primary breakdown and key industry insights
Secondary data includes key data from secondary sources

Answers to key questions in the report

What will be the size of the Artificial Intelligence market in terms of value and volume over the next Five years?
Which segment currently dominates the market?
In which region will the market see its strongest growth?
Which players will take the lead in the artificial intelligence market?
What are the key drivers and restraints for the Ed-Tech and Smart Classroom market growth?

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Report Highlights

Machine learning comes with a wide range of applications in multiple industries, such as banking and finance, healthcare, retail, publishing, and social media, among others. It is used to analyze the relevance of advertisements and content based on user preferences. It held a 32.6% market share in 2019.

The revenue generated by the software segment is the result of the extensive use of these tools in analyzing hidden data sets and data patterns from large data sheets.

North America led the market owing to rapid technological advancements and increased government investment in the development of artificial intelligence (AI). Moreover, the presence of some of the major market players in the region will also boost the market growth in the region

Major Key Vendors of the Artificial Intelligence Market are:

Samsung Electronics, Intel, Xilinx, NVIDIA, IBM, Micron Technology, Microsoft, Amazon Web Services (AWS), Google, and Facebook, among others.

Emergen Research has segmented the global artificial intelligence market into:

Artificial Intelligence Market Supply Outlook (Revenue, USD Billion; 2017-2027)
AI platforms
AI Solutions
Deployment and integration
Support & Maintenance

We can customize our reports for our clients, for example, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting [email protected]

Artificial Intelligence Market Technology Outlook (Revenue, USD Billion; 2017-2027)
machine learning
deep learning
Supervised teaching
Unsupervised learning
Reinforcement learning
Generative adversarial networks (GANS)
Natural Language Processing (NLP)
Contextual Computing
computer vision

Market segments

The global Artificial Intelligence Market has been classified based on product type, application, and region. Our expert analysts undertake an in-depth assessment of all the segments included in the report and analyze them based on their market share, revenue, market growth rate, and other vital factors. The segmentation allows interested parties to determine sectors of the global Artificial Intelligence market with high growth prospects and to understand the growth strategies adopted by leading segments during the forecast period.

The regional bifurcation of the Artificial Intelligence Market includes:

North America (USA, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)

We provide detailed product mapping and investigation of various market scenarios. Our expert analysts provide in-depth analysis and market presence breakdown of key market leaders. We strive to stay up to date with recent developments and follow the latest company news related to industry players operating in the global Artificial Intelligence market

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Eric Lee
Emerging research
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