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(HomeGarden247.com, June 10, 2018 ) The report offers an insightful overview of the Global Artificial Intelligence Market. The global market is dynamic with a number of factors impacting the growth of the market. Hence, it is difficult for organizations to analyze the market scenario. Addressing this issue, the report analyzes historical data regarding the marketís growth with the help of primary and secondary research methods. The key factors governing the growth of the global market have been studied and the size and valuation of the market in the coming years have been projected in the report. References and case studies make the report helpful for established as well as new players in the market. The report further profiles some of the key players in the Global Artificial Intelligence Market.
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Likewise, this examination is very much characterized for the most part remembering the diverse segments of this market. The tools used for examining the Artificial Intelligence Market look into report incorporate Porter's five forces analysis and SWOT investigation. The best thing about this measurable surveying report is that the significance and presentation of this market have been described.
The global artificial intelligence market is estimated to reach USD 16,274.0 Million by 2022, at a CAGR of 44.5% from 2018 to 2022. The report aims at estimating the size and future growth potential of the market across different segments such as technology, application, and region. With the rise in adoption of AI in the media & advertising, retail, finance, and healthcare sectors, the machine learning and natural language processing technologies are expected to play a key role in propelling the growth of the AI market in the next five years.
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Artificial intelligence (AI) could double annual economic growth rates within two decades by changing the nature of work and spawning a new relationship between man and machine. The impact of Artificial Intelligence technologies on business is projected to boost labor productivity by up to 40 percent by fundamentally changing the way work is done and reinforcing the role of people to drive growth in business.
The report highlights the adoption of Artificial Intelligence market, globally. Based on the Technology, the Artificial Intelligence Market is segmented into Machine learning, Natural language processing, Image processing and Speech recognition market. On the basis of Application, the market is bifurcated into Government & Defense, BFSI, Consumer Goods & Retail, IT & Telecom, Healthcare, Energy & Utilities, Manufacturing, Education, Transportation and Others segment. The market is further geographically segmented into North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa) market.
Key Players profiled in the report include IPSoft, Rocket Fuel Inc., Qlik Technologies Inc., Microstrategy Inc., Brighterion Inc., Microsoft Corporation, Google Inc., IBM Corporation, 24/7 Customer Inc., Next IT Corporation.
The market has been also categorized in terms of application, types, deployments, services, and techniques. Moreover, the fundamental factors impacting the development of the market have been presented precisely. Furthermore, how the soaring number of supportive government initiatives has raised the adoption of his industry globally is also mentioned.
In addition, the increasing projects taken by governments globally which will provide impetus to the development of the overall market. Factors that may hamper the market's growth and challenges faced by the players are also mentioned in this study. Also, the competitive landscape of the market has been presented. In this section, the prominent players operating in the Artificial Intelligence market have been presented. These players have been studied on chief attributes such as company profiles and product specifications.
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