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Artificial Intelligence Market Size, Share & Trends Analysis Report by Solution (Hardware, Software, Services), by Technology (Deep Learning, Machine Learning), by End Use, by Region, and Segment Forecasts, 2020 - 2027

  • ID: 4375395
  • Report
  • July 2020
  • Region: Global
  • 125 pages
  • Grand View Research

FEATURED COMPANIES

  • Advanced Micro Devices
  • Atomwise, Inc.
  • Clarifai, Inc
  • Google LLC
  • IBM Watson Health
  • Lifegraph
  • MORE
Artificial Intelligence Market Growth & Trends

The global artificial intelligence market size is expected to reach USD 733.7 billion by 2027, expanding at a CAGR of 42.2%. Artificial intelligence (AI) denotes the concept and development of computing systems capable of performing tasks customarily requiring human assistance, such as decision-making, speech recognition, visual perception, and language translation. AI uses layers of algorithms to understand human speech, visually recognize objects, and process information. These algorithms are used for data processing, calculation, and automated reasoning.

Artificial intelligence researchers are continuously improving algorithms for various aspects, as conventional algorithms have drawbacks regarding accuracy and efficiency. These advancements have led manufacturers and technology developers to focus on developing standard algorithms. Recently, several developments have been carried out for enhancing artificial intelligence algorithms. For instance, in May 2020, International Business Machines Corporation announced a wide range of new AI-powered services and capabilities, namely IBM Watson AIOps, for enterprise automation. These services are designed to help automate the IT infrastructures and make them more resilient and cost reduction.

The COVID-19 pandemic has emerged as an opportunity for AI-enabled computer systems to fight against the epidemic as several tech companies are working on prevent, mitigate, and contain the virus. For instance, LeewayHertz, a U.S.-based custom software development company, is offering technology solutions using AI tools and techniques, including the Face Mask Detection System, to identify individuals without a mask and the Human Presence System to monitor patients remotely. Besides, Voxel51 Inc, a U.S.-based artificial intelligence start-up, has developed Voxel51 PDI (Physical Distancing Index) to measure the impact of the global pandemic on social behavior across the world. AI-powered computer platforms or solutions are being used to fight against COVID - 19 in numerous applications, such as early alerts, tracking and prediction, data dashboards, diagnoses and prognosis, treatments and cures, and maintaining social control. Data dashboards that can visualize the pandemic have emerged with the need for coronavirus tracking and prediction. For instance, Microsoft Corporation’s Bing’s AI tracker gives a global overview of the pandemic's current statistics.

Artificial Intelligence is becoming vital to big data as the technology allows the extraction of high-level and complex abstractions through a hierarchical learning process. The need for mining and extraction of significant patterns from high-volume information is driving the growth of artificial intelligence in big data analytics. Furthermore, the technology helps in overcoming challenges associated with big data analytics, such as the trustworthiness of data analysis, format variation of raw information, highly distributed input sources, and imbalanced input data. Another challenge includes a lack of efficient storage and poor retrieval of information as it is collected in large quantities and made available across numerous domains. These challenges are overcome by using semantic indexing as it facilitates comprehension and knowledge discovery.

Artificial Intelligence Market Report Highlights
  • The advent of big data is expected to be traction of the growth of the AI market as a large volume of data is needed to be captured, stored, and analyzed
  • The increasing demand for image processing and identification is expected to drive industry growth
  • North America dominated the market and accounted for over 42.4% share of global revenue in 2019
  • One of the significant concerns restraining industry growth is the need for a large amount of data to train AI systems for character and image recognition.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Advanced Micro Devices
  • Atomwise, Inc.
  • Clarifai, Inc
  • Google LLC
  • IBM Watson Health
  • Lifegraph
  • MORE
Chapter 1 Methodology and Scope
1.1 Market Definition
1.2 Research Methodology
1.3 Information Analysis
1.4 Market Formulation & Data Visualization
1.5 Research Scope And Assumptions
1.6 List Of Data Sources
1.6.1 Secondary Sources
1.6.2 Primary Sources

Chapter 2 Executive Summary
2.1 Artificial Intelligence - Industry Snapshot & Key Buying Criteria, 2016 - 2027
2.2 Artificial Intelligence Regional Market Place: Key Takeaways
2.3 Artificial Intelligence Market - Adoption Landscape, 2019
2.4 Global
2.4.1 Global Artificial Intelligence Market, 2016 - 2027
2.4.2 Global Artificial Intelligence Market, By Solution, 2016 - 2027
2.4.3 Global Artificial Intelligence Market, By Technology, 2016 - 2027
2.4.4 Global Artificial Intelligence Market, By End Use, 2016 - 2027
2.4.5 Global Artificial Intelligence Market, By Region, 2016 - 2027

Chapter 3 Market Variables, Trends & Scope
3.1 Market Trends & Outlook
3.2 Market Segmentation & Scope
3.3 Artificial Intelligence Size And Growth Prospects
3.4 Artificial Intelligence - Value Chain Analysis
3.5 Artificial Intelligence Market Dynamics
3.5.1 Market Drivers
3.5.1.1 Economical Parallel Processing Set - Up
3.5.1.2 Potential R&D In Artificial Intelligence Systems
3.5.1.3 Big Data Fueling Ai And Machine Learning Profoundly
3.5.1.4 Increasing Cross - Industry Partnerships And Collaborations
3.5.1.5 Ai To Counter Unmet Clinical Demand
3.5.2 Market Restraint
3.5.2.1 Vast Demonstrative Data Requirement
3.6 Penetration & Growth Prospect Mapping
3.7 Industry Analysis - Porter’s
3.7.1 Supplier Power
3.7.2 Buyer Power
3.7.3 Substitution Threat
3.7.4 Threat From New Entrant
3.7.5 Competitive Rivalry
3.8 Company Market Share Analysis, 2019
3.9 Artificial Intelligence - Pest Analysis
3.9.1 Political
3.9.2 Economic
3.9.3 Social
3.9.4 Technological
3.10 Artificial Intelligence - Covid - 19 Impact Analysis

Chapter 4 Artificial Intelligence Market: Solution Estimates & Trend Analysis
4.1 Artificial Intelligence Market: Solution Movement Analysis
4.1.1 Hardware
4.1.1.1. Hardware Artificial Intelligence Market, By Region, 2016 - 2027
4.1.1.1.1. Market Estimates And Forecasts, 2016 - 2027 (USD Billion)
4.1.2 Software
4.1.2.1. Software Artificial Intelligence Market, By Region, 2016 - 2027
4.1.2.1.1. Market Estimates And Forecasts, 2016 - 2027 (USD Billion)
4.1.3 Services
4.1.3.1. Services Artificial Intelligence Market, By Region, 2016 - 2027
4.1.3.1.1. Market Estimates And Forecasts, 2016 - 2027 (USD Billion)

Chapter 5 Artificial Intelligence Market: Technology Estimates & Trend Analysis
5.1 Artificial Intelligence Market: Technology Movement Analysis
5.1.1 Deep Learning
5.1.1.1. Deep Learning Artificial Intelligence System Market, By Region, 2016 - 2027
5.1.1.1.1. Market Estimates And Forecasts, 2016 - 2027 (USD Billion)
5.1.2 Machine Learning
5.1.2.1. Machine Learning Artificial Intelligence System Market, By Region, 2016 - 2027
5.1.2.1.1. Market Estimates And Forecasts, 2016 - 2027 (USD Billion)
5.1.3 Nlp
5.1.3.1. Nlp Artificial Intelligence System Market, By Region, 2016 - 2027
5.1.3.1.1. Market Estimates And Forecasts, 2016 - 2027 (USD Billion)
5.1.4 Machine Vision
5.1.4.1. Machine Vision Artificial Intelligence System Market, By Region, 2016 - 2027
5.1.4.1.1. Market Estimates And Forecasts, 2016 - 2027 (USD Billion)

Chapter 6 Artificial Intelligence Market: End - Use Estimates & Trend Analysis
6.1 Artificial Intelligence Market: End - Use Movement Analysis
6.2 Artificial Intelligence Market: End - Use Trends
6.2.1 Healthcare
6.2.1.1. Healthcare Artificial Intelligence Market, By Region, 2016 - 2027
6.2.1.1.1. Market Estimates And Forecasts, 2016 - 2027 (USD Billion)
6.2.1.2. Healthcare By Use Case
6.2.1.2.1. Global Ai Healthcare Market, By Use Case, 2016 - 2027 (USD Billion)
6.2.2 Bfsi
6.2.2.1. Bfsi Artificial Intelligence Market, By Region, 2016 - 2027
6.2.2.1.1. Market Estimates And Forecasts, 2016 - 2027 (USD Billion)
6.2.2.2. Bfsi By End Use
6.2.2.2.1. Global Ai Bfsi Market, By End Use, 2016 - 2027 (USD Billion)
6.2.3 Law
6.2.3.1. Law Artificial Intelligence Market, By Region, 2016 - 2027
6.2.3.1.1. Market Estimates And Forecasts, 2016 - 2027 (USD Billion)
6.2.4 Retail
6.2.4.1. Retail Artificial Intelligence Market, By Region, 2016 - 2027
6.2.4.1.1. Market Estimates And Forecasts, 2016 - 2027 (USD Billion)
6.2.5 Advertising & Media
6.2.5.1. Advertising & Media Artificial Intelligence Market, By Region, 2016 - 2027
6.2.5.1.1. Market Estimates And Forecasts, 2016 - 2027 (USD Billion)
6.2.6 Automotive & Transportation
6.2.6.1. Automotive & Transportation Artificial Intelligence Market, By Region, 2016 - 2027
6.2.6.1.1. Market Estimates And Forecasts, 2016 - 2027 (USD Billion)
6.2.7 Agriculture
6.2.7.1. Agriculture Artificial Intelligence Market, By Region, 2016 - 2027
6.2.7.1.1. Market Estimates And Forecasts, 2016 - 2027 (USD Billion)
6.2.8 Manufacturing
6.2.8.1. Manufacturing Artificial Intelligence Market, By Region, 2016 - 2027
6.2.8.1.1. Market Estimates And Forecasts, 2016 - 2027 (USD Billion)
6.2.9 Others
6.2.9.1. Others Artificial Intelligence Market, By Region, 2016 - 2027
6.2.9.1.1. Market Estimates And Forecasts, 2016 - 2027 (USD Billion)

Chapter 7 Artificial Intelligence Market: Regional Estimates & Trend Analysis
7.1 Artificial Intelligence Market: Regional Movement Analysis
7.2 North America
7.2.1 Regional Trends
7.2.2 North America Artificial Intelligence Market, 2016 - 2027
7.2.2.1 North America Artificial Intelligence Market By Solution, 2016 - 2027 (USD Billion)
7.2.2.2 North America Artificial Intelligence Market By Technology, 2016 - 2027 (USD Billion)
7.2.2.3 North America Artificial Intelligence Market By End Use, 2016 - 2027 (USD Billion)
7.2.2.4 U.S. Artificial Intelligence Market, 2016 - 2027
7.2.2.4.1 U.S. Artificial Intelligence Market By Solution, 2016 - 2027 (USD Billion)
7.2.2.4.2 U.S. Artificial Intelligence Market By Technology, 2016 - 2027 (USD Billion)
7.2.2.4.3 U.S. Artificial Intelligence Market By End Use, 2016 - 2027 (USD Billion)
7.2.2.5 Canada Artificial Intelligence Market, 2016 - 2027
7.2.2.5.1 Canada Artificial Intelligence Market By Solution, 2016 - 2027 (USD Billion)
7.2.2.5.2 Canada Artificial Intelligence Market By Technology, 2016 - 2027 (USD Billion)
7.2.2.5.3 Canada Artificial Intelligence Market By End Use, 2016 - 2027 (USD Billion)
7.2.2.6 Mexico Artificial Intelligence Market, 2016 - 2027
7.2.2.6.1 Mexico Artificial Intelligence Market By Solution, 2016 - 2027 (USD Billion)
7.2.2.6.2 Mexico Artificial Intelligence Market By Technology, 2016 - 2027 (USD Billion)
7.2.2.6.3 Mexico Artificial Intelligence Market By End Use, 2016 - 2027 (USD Billion)
7.3 Europe
7.3.1 Regional Trends
7.3.2 Europe Artificial Intelligence Market, 2016 - 2027
7.3.2.1 Europe Artificial Intelligence Market By Solution, 2016 - 2027 (USD Billion)
7.3.2.2 Europe Artificial Intelligence Market By Technology, 2016 - 2027 (USD Billion)
7.3.2.3 Europe Artificial Intelligence Market By End Use, 2016 - 2027 (USD Billion)
7.3.2.4 U.K. Artificial Intelligence Market, 2016 - 2027
7.3.2.4.1 U.K. Artificial Intelligence Market By Solution, 2016 - 2027 (USD Billion)
7.3.2.4.2 U.K. Artificial Intelligence Market By Technology, 2016 - 2027 (USD Billion)
7.3.2.4.3 U.K. Artificial Intelligence Market By End Use, 2016 - 2027 (USD Billion)
7.3.2.5 Germany Artificial Intelligence Market, 2016 - 2027
7.3.2.5.1 Germany Artificial Intelligence Market By Solution, 2016 - 2027 (USD Billion)
7.3.2.5.2 Germany Artificial Intelligence Market By Technology, 2016 - 2027 (USD Billion)
7.3.2.5.3 Germany Artificial Intelligence Market By End Use, 2016 - 2027 (USD Billion)
7.4 Asia Pacific
7.4.1 Regional Trends
7.4.2 Asia Pacific Artificial Intelligence Market, 2016 - 2027
7.4.2.1 Asia Pacific Artificial Intelligence Market By Solution, 2016 - 2027 (USD Billion)
7.4.2.2 Asia Pacific Artificial Intelligence Market By Technology, 2016 - 2027 (USD Billion)
7.4.2.3 Asia Pacific Artificial Intelligence Market By End Use, 2016 - 2027 (USD Billion)
7.4.2.4 China Artificial Intelligence Market, 2016 - 2027
7.4.2.4.1 China Artificial Intelligence Market By Solution, 2016 - 2027 (USD Billion)
7.4.2.4.2 China Artificial Intelligence Market By Technology, 2016 - 2027 (USD Billion)
7.4.2.4.3 China Artificial Intelligence Market By End Use, 2016 - 2027 (USD Billion)
7.4.2.5 Japan Artificial Intelligence Market, 2016 - 2027
7.4.2.5.1 Japan Artificial Intelligence Market By Solution, 2016 - 2027 (USD Billion)
7.4.2.5.2 Japan Artificial Intelligence Market By Technology, 2016 - 2027 (USD Billion)
7.4.2.5.3 Japan Artificial Intelligence Market By End Use, 2016 - 2027 (USD Billion)
7.4.2.6 India Artificial Intelligence Market, 2016 - 2027
7.4.2.6.1 India Artificial Intelligence Market By Solution, 2016 - 2027 (USD Billion)
7.4.2.6.2 India Artificial Intelligence Market By Technology, 2016 - 2027 (USD Billion)
7.4.2.6.3 India Artificial Intelligence Market By End Use, 2016 - 2027 (USD Billion)
7.5 South America
7.5.1 Regional Trends
7.5.2 South America Artificial Intelligence Market, 2016 - 2027
7.5.2.1 South America artificial intelligence market by solution, 2016 - 2027 (USD Billion)
7.5.2.2 South America artificial intelligence market by technology, 2016 - 2027 (USD Billion)
7.5.2.3 South America artificial intelligence market by end use, 2016 - 2027 (USD Billion)
7.5.2.4 Brazil artificial intelligence market, 2016 - 2027
7.5.2.4.1 Brazil artificial intelligence market by solution, 2016 - 2027 (USD Billion)
7.5.2.4.2 Brazil artificial intelligence market by technology, 2016 - 2027 (USD Billion)
7.5.2.4.3 Brazil artificial intelligence market by end use, 2016 - 2027 (USD Billion)
7.6 Middle East & Africa (Mea)
7.6.1 Regional Trends
7.6.2 Mea Artificial Intelligence Market, 2016 - 2027
7.6.2.1 MEA artificial intelligence market by solution, 2016 - 2027 (USD Billion)
7.6.2.2 MEA artificial intelligence market by technology, 2016 - 2027 (USD Billion)
7.6.2.3 MEA artificial intelligence market by end use, 2016 - 2027 (USD Billion)

Chapter 8 Competitive Landscape
8.1 Company Profiles
8.1.1 Advanced Micro Devices
8.1.1.1 Company overview
8.1.1.2 Financial performance
8.1.1.3 Product benchmarking
8.1.1.4 Strategic Initiatives
8.1.2 AiCure
8.1.2.1 Company overview
8.1.2.2 Product benchmarking
8.1.2.3 Strategic Initiatives
8.1.3 Arm Limited
8.1.3.1 Company overview
8.1.3.2 Product benchmarking
8.1.3.3 Strategic Initiatives
8.1.4 Atomwise, Inc.
8.1.4.1 Company overview
8.1.4.2 Product benchmarking
8.1.4.3 Strategic Initiatives
8.1.5 Ayasdi AI LLC
8.1.5.1 Company overview
8.1.5.2 Product benchmarking
8.1.5.3 Strategic Initiatives
8.1.6 Baidu, Inc.
8.1.6.1 Company overview
8.1.6.2 Financial performance
8.1.6.3 Product benchmarking
8.1.6.4 Strategic Initiatives
8.1.7 Clarifai, Inc
8.1.7.1 Company overview
8.1.7.2 Product benchmarking
8.1.7.3 Strategic Initiatives
8.1.8 Cyrcadia Health
8.1.8.1 Company overview
8.1.8.2 Product benchmarking
8.1.8.3 Strategic Initiatives
8.1.9 Enlitic, Inc.
8.1.9.1 Company overview
8.1.9.2 Product benchmarking
8.1.9.3 Strategic Initiatives
8.1.10 Google LLC
8.1.10.1 Company overview
8.1.10.2 Financial performance
8.1.10.3 Product benchmarking
8.1.10.4 Strategic Initiatives
8.1.11 H2O.ai.
8.1.11.1 Company overview
8.1.11.2 Product benchmarking
8.1.11.3 Strategic Initiatives
8.1.12 HyperVerge, Inc.
8.1.12.1 Company overview
8.1.12.2 Product benchmarking
8.1.12.3 Strategic Initiatives
8.1.13 International Business Machines Corporation
8.1.13.1 Company overview
8.1.13.2 Financial performance
8.1.13.3 Product benchmarking
8.1.13.4 Strategic Initiatives
8.1.14 IBM Watson Health
8.1.14.1 Company overview
8.1.14.2 Financial performance
8.1.14.3 Product benchmarking
8.1.14.4 Strategic Initiatives
8.1.15 Intel Corporation
8.1.15.1 Company overview
8.1.15.2 Financial performance
8.1.15.3 Product benchmarking
8.1.15.4 Strategic Initiatives
8.1.16 Iris.ai AS.
8.1.16.1 Company overview
8.1.16.2 Product benchmarking
8.1.16.3 Strategic Initiatives
8.1.17 Lifegraph
8.1.17.1 Company overview
8.1.17.2 Product benchmarking
8.1.17.3 Strategic Initiatives
8.1.18 Microsoft
8.1.18.1 Company overview
8.1.18.2 Financial performance
8.1.18.3 Product benchmarking
8.1.18.4 Strategic Initiatives
8.1.19 NVIDIA Corporation
8.1.19.1 Company overview
8.1.19.2 Financial performance
8.1.19.3 Product benchmarking
8.1.14.4 Strategic Initiatives
8.1.20 Sensely, Inc.
8.1.20.1 Company overview
8.1.20.2 Product benchmarking
8.1.20.3 Strategic Initiatives
8.1.21 Zebra Medical Vision, Inc.
8.1.21.1 Company overview
8.1.21.2 Product benchmarking
8.1.21.3 Strategic Initiatives

Note: Product cover images may vary from those shown
  • Advanced Micro Devices
  • AiCure
  • Arm Limited
  • Atomwise, Inc.
  • Ayasdi AI LLC
  • Baidu, Inc.
  • Clarifai, Inc
  • Cyrcadia Health
  • Enlitic, Inc.
  • Google LLC
  • H2O.ai.
  • HyperVerge, Inc.
  • International Business Machines Corporation
  • IBM Watson Health
  • Intel Corporation
  • Iris.ai AS.
  • Lifegraph
  • Microsoft
  • NVIDIA Corporation
  • Sensely, Inc.
  • Zebra Medical Vision, Inc.
Note: Product cover images may vary from those shown

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