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Global artificial intelligence industry until 2030

DUBLIN, August 16, 2021 / PRNewswire / – The “Global Artificial Intelligence Market Report 2021: Growth and Change of COVID-19 through 2030” the report was added to ResearchAndMarkets.com offer.

This report equips strategists, marketers, and senior management with the essential information they need to assess the global Artificial Intelligence market.

This report focuses on the high growth Artificial Intelligence market. The report gives a guide to the artificial intelligence market that will shape and change our lives over the next ten years and beyond, including the response of the markets to the challenge of the global pandemic.

The global artificial intelligence market is expected to grow by $ 40.17 billion in 2020 at $ 51.56 billion in 2021 at a compound annual growth rate (CAGR) of 28.4%. The growth is mainly due to companies resuming operations and adjusting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, the remote work and closure of business activities which resulted in operational challenges. The market is expected to reach $ 171.02 billion in 2025 at a CAGR of 35%.

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Where is the biggest and most dynamic market for artificial intelligence? How does the market relate to the overall economy, demographics, and other similar markets? What forces will shape the market in the future? The global Artificial Intelligence market report answers all of these questions and more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market share, trends and strategies for this market. It traces the historical and forecast growth of the market by geography. It places the market in the context of the larger artificial intelligence market and compares it to other markets.

  • The Market Characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($ b) covering both the historical growth of the market, the influence of the COVID-19 virus, and the forecast for its growth.
  • Market segmentations break down the market into submarkets.
  • The regional and country breakdowns section gives an analysis of the market within each geography and market size by geography and compares their historical and forecast growth. It covers the growth trajectory of COVID-19 for all regions, major developed countries and major emerging markets.
  • The competitive landscape gives a description of the competitive nature of the market, market shares and a description of the major companies. The main financial transactions that have shaped the market in recent years are identified.
  • The Trends and Strategies section analyzes the shape of the market emerging from the crisis and suggests how companies can grow as the market recovers.
  • The section of the Artificial Intelligence Market report gives context. It compares the artificial intelligence market with other segments of the artificial intelligence market by size and growth, history and forecast. It analyzes the proportion of GDP, expenditure per capita, comparison of artificial intelligence indicators.

The main players in the artificial intelligence market are Google, IBM, Baidu, Microsoft, Apple Inc., Ipsoft, NVIDIA corporation, Samsung Electronics Co. Ltd. and MicroStrategy Inc.

The artificial intelligence market consists of sales of artificial intelligence software and related services. Artificial intelligence (AI) sometimes referred to as artificial intelligence. Artificial intelligence is an extensive branch of computing related to the construction of intelligent machines capable of performing tasks requiring human intelligence.

The increasing investments in AI technologies have contributed to the growth of the artificial intelligence market. Many companies are investing in AI technologies or AI start-ups to increase the efficiency of AI software because AI enables them to make more informed decisions and achieve better results. For example, Microsoft has invested around $ 1 billion in OpenAI a San Francisco business. The two companies had formed a partnership to develop AI supercomputing technologies on Microsoft’s Azure cloud. AI is useful in several industries. For example, AI can lead to breakthroughs in healthcare R&D and diagnostics, it can help make better forecasting in finance and manufacturing, it can increase production controls and efficiency. Hence, increasing investment in AI technologies due to its advantages across all sectors is boosting the artificial intelligence market.

The limited number of AI experts is a major issue in the artificial intelligence market. To develop AI software, the business needs AI experts, practitioners and researchers. According to Tencent, a Chinese multinational technology conglomerate holding company, there is 300k AI researchers and practitioners around the world, but market demand revolves around millions of roles. The limited number of AI experts can hurt the artificial intelligence market.

The artificial intelligence market covered by this market is segmented by hardware offer; Software; services. It is also segmented by machine learning technology; natural language processing; contextual computing; computer vision; others (image processing, speech recognition) and by industry end-users in healthcare; automobile; Agriculture; retail; marketing; telecommunication; defense; aerospace; media and entertainment; others.

Automated machine learning is implemented by many companies. It is quite complicated to apply traditional machine learning models to real business problems. The best solution is to use automated machine learning which allows non-machine learning (ML) experts to use machine learning algorithms without being machine learning assistants. For example, tools like Google cloud AutoML are used to train high quality, custom ML models with minimal ML expertise.

In january 2020, Apple has acquired a Seattle start-up xnor.ai for an amount of $ 200 million. Acquisition is expected to strengthen in the provision of AI capabilities. Xnor.ai is included in the Forbes AI 50 list of 2019: America’s Most Promising Artificial Intelligence Companies.

Main topics covered:

1. Summary

2. Characteristics of the artificial intelligence market

3. Artificial intelligence market trends and strategies

4. Impact of COVID-19 on artificial intelligence

5. Size and growth of the artificial intelligence market
5.1. Historical global artificial intelligence market, 2015-2020, in billions of dollars
5.1.1. Market drivers
5.1.2. Market restrictions
5.2. Global Artificial Intelligence Forecast Market, 2020-2025F, 2030F, in USD Billion
5.2.1. Market drivers
5.2.2. Market constraints

6. Artificial intelligence market segmentation

7. Regional and national analysis of the artificial intelligence market
7.1. Global artificial intelligence market, divided by region, historical and forecast, 2015-2020, 2020-2025F, 2030F, in billions of dollars
7.2. Global artificial intelligence market, divided by country, historical and forecast, 2015-2020, 2020-2025F, 2030F, in billions of dollars

8. Asia-Pacific Artificial Intelligence Market

9. Chinese artificial intelligence market

10. India artificial intelligence market

11. Japanese artificial intelligence market

12. Australian Artificial Intelligence Market

13. Indonesian Artificial Intelligence Market

14. South Korean Artificial Intelligence Market

15. Artificial intelligence market in Western Europe

16. UK Artificial Intelligence Market

17. German artificial intelligence market

18. French artificial intelligence market

19. Artificial intelligence market in Eastern Europe

20. Artificial intelligence market in Russia

21. North America Artificial Intelligence Market

22. United States Artificial intelligence market

23. South America Artificial Intelligence Market

24. Artificial intelligence market in Brazil

25. Middle East Artificial Intelligence Market

26. Artificial intelligence market in Africa

27. Artificial Intelligence Market Competitive Landscape and Company Profiles
27.1. Competitive landscape of the artificial intelligence market
27.2. Company Profiles of the Artificial Intelligence Market
27.2.1. Google
27.2.1.1. Overview
27.2.1.2. Products and services
27.2.1.3. Strategy
27.2.1.4. Financial performance
27.2.2. IBM
27.2.2.1. Overview
27.2.2.2. Products and services
27.2.2.3. Strategy
27.2.2.4. Financial performance
27.2.3. Baidu
27.2.3.1. Overview
27.2.3.2. Products and services
27.2.3.3. Strategy
27.2.3.4. Financial performance
27.2.4. Microsoft
27.2.4.1. Overview
27.2.4.2. Products and services
27.2.4.3. Strategy
27.2.4.4. Financial performance
27.2.5. Apple Inc.
27.2.5.1. Overview
27.2.5.2. Products and services
27.2.5.3. Strategy
27.2.5.4. Financial performance

28. Key mergers and acquisitions in the artificial intelligence market

29. Future Prospects of Artificial Intelligence Market and Potential Analysis

30. Annex

For more information on this report, visit https://www.researchandmarkets.com/r/1w8mkr

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