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Industrial Artificial Intelligence Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5933941
The industrial artificial intelligence market size has grown exponentially in recent years. It will grow from $4.01 billion in 2023 to $6.08 billion in 2024 at a compound annual growth rate (CAGR) of 51.5%. The growth in the historic period can be attributed to the increased adoption of automation in manufacturing, which led to enhancements in quality control, energy management, and the use of data analytics for informed decision-making. Additionally, the implementation of smart grids and the integration of cybersecurity solutions played crucial roles in driving the growth of industrial artificial intelligence during this period.

The industrial artificial intelligence market size is expected to see exponential growth in the next few years. It will grow to $31.55 billion in 2028 at a compound annual growth rate (CAGR) of 51.0%. The growth in the forecast period can be attributed to the exponential growth of big data, the increasing use of autonomous vehicles in logistics, regulatory support, the emergence of quantum computing, and the growing demand for customization and personalization. Major trends in the forecast period include AI-driven quality control and inspection, the adoption of digital twins for simulation and monitoring, AI-enhanced robotics and automation, the application of AI for energy management and sustainability, and the integration of cybersecurity with AI-powered threat detection.

The surge in adoption of automation technologies stands as a driving force behind the anticipated growth of the industrial artificial intelligence market. Automation technologies encompass a wide spectrum of tools and systems designed to execute tasks or processes with minimal human intervention. Industrial artificial intelligence plays a pivotal role in this scenario, streamlining operations, reducing errors, boosting productivity, and curbing operational costs. By deploying these technologies, organizations can redirect human resources toward higher-value tasks, thereby fostering efficiency, competitiveness, and innovation. For instance, as per the International Business Machines Corporation (IBM) in May 2022, 35% of businesses worldwide leveraged artificial intelligence (AI) automation technologies, marking a 4% increase from the previous year. This escalating adoption of automation technologies is poised to significantly propel the growth trajectory of the industrial artificial intelligence market.

The proliferation of IoT devices (Internet of Things) is set to act as a catalyst for the burgeoning expansion of the industrial artificial intelligence market. IoT devices comprise physical objects integrated with sensors, software, and other technologies to collect and exchange data over the internet with other devices and systems. Industrial artificial intelligence often complements IoT devices, enhancing their functionalities, optimizing efficiency, and facilitating intelligent decision-making within industrial and manufacturing settings. For instance, as reported by GSMA Intelligence in August 2022, the projected number of IoT connections is anticipated to soar to 23.3 billion by 2025, surging from 15.1 billion in 2021. This remarkable rise in IoT devices underscores their growing significance and acts as a primary driver fueling the growth of the industrial artificial intelligence market.

The industrial artificial intelligence market faces a notable challenge stemming from the high implementation costs associated with deploying AI solutions, potentially impeding market growth during the forecast period. These costs serve as a significant barrier for businesses, particularly small and medium-sized enterprises (SMEs), that might lack the financial resources necessary to invest in AI technologies. The expenses incurred in acquiring AI hardware, software, services, and the subsequent costs related to training and integrating AI systems into existing infrastructure can be substantial. For instance, in 2023, as reported by WebFX, companies may face expenses ranging from $10 to over $300,000 for AI software solutions. Consequently, these elevated implementation costs linked with deploying AI solutions pose as a hindrance restraining the growth trajectory of the industrial artificial intelligence market, especially for businesses operating with limited financial resources.

Prominent companies within the industrial artificial intelligence market are actively engaged in pioneering innovative technologies, such as generative AI platforms, to elevate customer service offerings. Generative AI platforms leverage deep-learning algorithms capable of generating high-quality content, including writing, graphics, and other media, based on the data they were trained on. For instance, in March 2023, SparkCognition, a renowned US-based provider of AI solutions, introduced the Generative AI Platform specifically tailored for the industrial sector. This innovative platform is adept at autonomously creating superior content through fabricated text, images, audio, and other signals to enrich datasets. The cutting-edge capabilities of this next-generation platform empower businesses to leverage AI even with limited data sets, enhancing and expediting results. The SC Generative AI Platform enhances low-fidelity data, delivering high-fidelity insights by extrapolating low-resolution images to high-resolution views, enabling a more comprehensive understanding of asset performance or entire end-to-end processes. This advancement signifies a transformative approach in utilizing AI to derive meaningful insights and optimize industrial operations.

In June 2023, Accenture plc, an Ireland-based information technology company, finalized the acquisition of Flutura Business Solutions Pvt. Ltd. for an undisclosed sum. This strategic acquisition is poised to bolster Accenture's industrial AI services, specifically targeting clients operating in diverse sectors such as energy, chemicals, metals, mining, and pharmaceuticals. Flutura Business Solutions Pvt. Ltd., headquartered in India, specializes in providing industrial artificial intelligence (AI) solutions tailored for various industries.

Major companies operating in the industrial artificial intelligence market report are Alphabet Inc., Microsoft Corporation, Mitsubishi Electric Corporation, Alibaba Group Holding Limited, Robert Bosch GmbH, Huawei Technologies Co. Ltd., Siemens AG, General Electric Company, Intel Corporation, Accenture plc, International Business Machines Corporation, Cisco Systems Inc., Schneider Electric SE, SAP SE, ABB Ltd., NVIDIA Corporation, Salesforce.com Inc., Toshiba Corporation, Gerdau S.A., Rockwell Automation Inc., Fanuc Corporation, Yaskawa Electric Corporation, General Vision Inc., Neoris Holdings LLC, TOTVS S.A., Stefanini Inc., Sight Machine Inc., Aibrain Inc., Datarpm Inc., Softtek Servicios Corporativos S.A. de C.V.

North America was the largest region in the industrial artificial intelligence market in 2023. The regions covered in the industrial artificial intelligence market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa The countries covered in the industrial artificial intelligence market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The industrial artificial intelligence market consists of revenues earned by entities by providing services such as improved AI software development, security and compliance, data analytics and insights, and industrial IoT (IIoT) integration. The market value includes the value of related goods sold by the service provider or included within the service offering. The industrial artificial intelligence market also includes sales of bots and chatbots, smart assistants, and manufacturing robots. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The primary offerings in industrial artificial intelligence include hardware, software, platforms, and solutions. Hardware refers to the physical components of a computer or electronic device, encompassing the central processing unit (CPU), memory, storage drives, input/output devices, and any other tangible parts. The technologies involved in industrial AI comprise computer vision, deep learning, natural language processing (NLP), and context awareness, deployed through on-premises, cloud-based, and hybrid-based solutions. These technologies cater to various industries, including manufacturing, automotive, energy, healthcare, agriculture, and transportation and logistics.

The industrial artificial intelligence market research report is one of a series of new reports that provides industrial artificial intelligence market statistics, including industrial artificial intelligence industry global market size, regional shares, competitors with a industrial artificial intelligence market share, detailed industrial artificial intelligence market segments, market trends and opportunities, and any further data you may need to thrive in the industrial artificial intelligence industry. This industrial artificial intelligence market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Industrial Artificial Intelligence Market Characteristics3. Industrial Artificial Intelligence Market Trends and Strategies
4. Industrial Artificial Intelligence Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Industrial Artificial Intelligence Market Size and Growth
5.1. Global Industrial Artificial Intelligence Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Industrial Artificial Intelligence Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Industrial Artificial Intelligence Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Industrial Artificial Intelligence Market Segmentation
6.1. Global Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Hardware
  • Software
  • Platform
  • Solution
6.2. Global Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Computer Vision
  • Deep Learning
  • Natural Language Processing (NLP)
  • Context Awareness
6.3. Global Industrial Artificial Intelligence Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • on-Premises
  • Cloud-based
  • Hybrid-based
6.4. Global Industrial Artificial Intelligence Market, Segmentation by Company Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Small Medium Enterprises
  • Larger Enterprises
6.5. Global Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Manufacturing
  • Automotive
  • Energy
  • Healthcare
  • Agriculture
  • Transportation and Logistics
7. Industrial Artificial Intelligence Market Regional and Country Analysis
7.1. Global Industrial Artificial Intelligence Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Industrial Artificial Intelligence Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Industrial Artificial Intelligence Market
8.1. Asia-Pacific Industrial Artificial Intelligence Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Industrial Artificial Intelligence Market
9.1. China Industrial Artificial Intelligence Market Overview
9.2. China Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Industrial Artificial Intelligence Market
10.1. India Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Industrial Artificial Intelligence Market
11.1. Japan Industrial Artificial Intelligence Market Overview
11.2. Japan Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Industrial Artificial Intelligence Market
12.1. Australia Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Industrial Artificial Intelligence Market
13.1. Indonesia Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Industrial Artificial Intelligence Market
14.1. South Korea Industrial Artificial Intelligence Market Overview
14.2. South Korea Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Industrial Artificial Intelligence Market
15.1. Western Europe Industrial Artificial Intelligence Market Overview
15.2. Western Europe Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Industrial Artificial Intelligence Market
16.1. UK Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Industrial Artificial Intelligence Market
17.1. Germany Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Industrial Artificial Intelligence Market
18.5. France Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Industrial Artificial Intelligence Market
19.9. Italy Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Industrial Artificial Intelligence Market
20.13. Spain Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Industrial Artificial Intelligence Market
21.1. Eastern Europe Industrial Artificial Intelligence Market Overview
21.2. Eastern Europe Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Industrial Artificial Intelligence Market
22.1. Russia Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Industrial Artificial Intelligence Market
23.1. North America Industrial Artificial Intelligence Market Overview
23.2. North America Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Industrial Artificial Intelligence Market
24.1. USA Industrial Artificial Intelligence Market Overview
24.2. USA Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Industrial Artificial Intelligence Market
25.1. Canada Industrial Artificial Intelligence Market Overview
25.2. Canada Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Industrial Artificial Intelligence Market
26.1. South America Industrial Artificial Intelligence Market Overview
26.2. South America Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Industrial Artificial Intelligence Market
27.1. Brazil Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Industrial Artificial Intelligence Market
28.1. Middle East Industrial Artificial Intelligence Market Overview
28.2. Middle East Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Industrial Artificial Intelligence Market
29.1. Africa Industrial Artificial Intelligence Market Overview
29.2. Africa Industrial Artificial Intelligence Market, Segmentation by Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Industrial Artificial Intelligence Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Industrial Artificial Intelligence Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Industrial Artificial Intelligence Market Competitive Landscape and Company Profiles
30.1. Industrial Artificial Intelligence Market Competitive Landscape
30.2. Industrial Artificial Intelligence Market Company Profiles
30.2.1. Alphabet Inc.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Microsoft Corporation
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Mitsubishi Electric Corporation
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Alibaba Group Holding Limited
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Robert Bosch GmbH
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Industrial Artificial Intelligence Market Other Major and Innovative Companies
31.1. Huawei Technologies Co. Ltd.
31.2. Siemens AG
31.3. General Electric Company
31.4. Intel Corporation
31.5. Accenture plc
31.6. International Business Machines Corporation
31.7. Cisco Systems Inc.
31.8. Schneider Electric SE
31.9. SAP SE
31.10. ABB Ltd.
31.11. NVIDIA Corporation
31.12. Salesforce.com Inc.
31.13. Toshiba Corporation
31.14. Gerdau S.a.
31.15. Rockwell Automation Inc.
32. Global Industrial Artificial Intelligence Market Competitive Benchmarking33. Global Industrial Artificial Intelligence Market Competitive Dashboard34. Key Mergers and Acquisitions in the Industrial Artificial Intelligence Market
35. Industrial Artificial Intelligence Market Future Outlook and Potential Analysis
35.1 Industrial Artificial Intelligence Market in 2028 - Countries Offering Most New Opportunities
35.2 Industrial Artificial Intelligence Market in 2028 - Segments Offering Most New Opportunities
35.3 Industrial Artificial Intelligence Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Industrial Artificial Intelligence Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on industrial artificial intelligence market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for industrial artificial intelligence? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Scope

Markets Covered:
1) By Offering: Hardware; Software; Platform; Solution
2) By Technology: Computer Vision; Deep Learning; Natural Language Processing (NLP); Context Awareness
3) By Deployment Type: On-Premises; Cloud Based; Hybrid Based
4) By Company Size: Small Medium Enterprises; Larger Enterprises
5) By Industry Vertical: Manufacturing; Automotive; Energy; Healthcare; Agriculture; Transportation and Logistics

Key Companies Mentioned: Alphabet Inc.; Microsoft Corporation; Mitsubishi Electric Corporation; Alibaba Group Holding Limited; Robert Bosch GmbH

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Methodology

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