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The artificial intelligence market in the industrial sector is forecasted to grow by USD 29297.64 mn during 2023-2028, accelerating at a CAGR of 38.86% during the forecast period. The report on the artificial intelligence market in the industrial sector provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by digital twin technology gaining traction in industries, evolving industrial IoT and big data integration, and a rise in demand for predictive maintenance in industries.
The artificial intelligence market in the industrial sector is segmented as below:
By Application
- Remote monitoring and predictive maintenance
- Supply chain management
- Production planning
- Quality control
- Others
By End-user
- Process industries
- Discrete industries
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
The report on the artificial intelligence market in the industrial sector covers the following areas:
- Artificial intelligence market in the industrial sector sizing
- Artificial intelligence market in the industrial sector forecast
- Artificial intelligence market in the industrial sector industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global artificial intelligence market in the industrial sector: Alphabet Inc., Amazon.com Inc., Aquant, Automation Anywhere Inc., FANUC Corp., H2O.ai Inc., Intel Corp., International Business Machines Corp., Landing AI, Micron Technology Inc., Microsoft Corp., Mitsubishi Electric Corp., NVIDIA Corp., Oracle Corp., Rockwell Automation Inc., SAP SE, Siemens AG, Sight Machine, Wipro Ltd., and General Electric Co.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is the emergence of IIoT."
According to the report, one of the major drivers for this market is the digital twin technology gaining traction in industries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alphabet Inc.
- Amazon.com Inc.
- Aquant
- Automation Anywhere Inc.
- FANUC Corp.
- H2O.ai Inc.
- Intel Corp.
- International Business Machines Corp.
- Landing AI
- Micron Technology Inc.
- Microsoft Corp.
- Mitsubishi Electric Corp.
- NVIDIA Corp.
- Oracle Corp.
- Rockwell Automation Inc.
- SAP SE
- Siemens AG
- Sight Machine
- Wipro Ltd.
- General Electric Co.
