Artificial Intelligence Market By Offering (Hardware, Software, Services); By Technology (Machine Learning, Computer Vision, Natural Language Processing, Context-Aware Computing, Others); By End User (Automotive, Healthcare, Manufacturing, Agriculture, Retail, BFSI, Others); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Market Analysis, Trends, Opportunity and Forecast, 2022-2032
Artificial Intelligence Market Overview
The global artificial intelligence market size was valued at around USD 455.2 billion in 2022 and is projected to grow at a compound annual rate of growth (CAGR) of around 19% from 2022 to 2032.The market size is projected to succeed in USD 2576.8 billion by 2032.Growth in big data, increasing demand for cloud-based services and rising demand for intelligent virtual assistants are envisioned to bolster the growth of the market.
The growth of the AI market is being driven by the increasing adoption of AI across various industries, including healthcare, finance, manufacturing, and retail. AI is being used to automate tasks, improve decision-making, and develop new products and services.
Artificial Intelligence Market Segmentation
The research offers a comprehensive analysis of artificial intelligence market with respect to following sub-markets:
By Offering
- Hardware
- - - Processors
- - - Memory
- - - Network
- - - Others
- Software
- - - Platforms
- - - Solutions
- Services
- - - Installation & Integration Services
- - - Support & Maintenance
By Technology
- Machine Learning
- Computer Vision
- Natural Language Processing
- Context-Aware Computing
- Others
By End User
- Automotive
- Healthcare
- Manufacturing
- Agriculture
- Retail
- BFSI
- Others
By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Artificial Intelligence Market Key Players
The report profiles various major and niche market players such as
- Intel
- IBM
- Microsoft
- Google
- Oracle
- Nvidia
- Cisco
- SAP
- Siemens
- Other Major & Niche Players
Competitive Landscape analysis provides detailed strategic analysis of the company's business and performance such as financial information, revenue breakup by segment and By Geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.
The study also provides company's positioning and market share in artificial intelligence market.
Timeline Considered for Analysis:
- 2021: Base Year
- 2022: Estimated Year
- 2022 to 2032: Forecasted Year
Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter's Five Force Analysis
Market Segmentation Analysis:
Industry report analyzes the global Artificial Intelligence market by the following segments:
- Offering
- Technology
- End User Industry
Geographic Market Analysis:
The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report.
Customization: We also offers customization's in the industry report as per the company's specific needs.
Key Questions Answered in the Global Artificial Intelligence Industry Report
- What is the overall market size in 2021? What will be the market growth during the forecast period i.e. 2022-2032?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?
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Get a Customized Version- Publication date: 26th November 2023
- Base year: 2022
- Forecast year: 2023-2033
- Format: PDF, PPT,Word,Excel