Artificial Intelligence Market Key Players are: IBM, NVIDIA, Nuance Communications, Cognii, Quantum Simulations, Google, Microsoft, and Intel
However, the major challenges faced by industry players are the low return on investment and the complexity involved in the creation of AI mechanisms and models.
(EMAILWIRE.COM, August 14, 2018 ) Market Overview:-
Artificial Intelligence Market size is expected to a have significant growth over the forecast timeline. Increasing complex IT databases and rising AI applications in numerous applications will drive the Artificial Intelligence Market growth.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1812
Increasing R&D in human-like robots and the rising deployment rate in the various regions are likely to fuel the artificial intelligence market growth. The growing adoption of artificial intelligence-enabled software and products to improve customer services is further augmenting the demand. The requirement for such technologies in various sectors, such as healthcare, transportation, retail, and manufacturing, is extensively contributing to the industry growth.
The rise in the use of AI in the cyber security will provide significant growth prospects to the artificial intelligence industry players in the coming years. The major factors responsible for the increasing demand for cyber security is its ability to identify image patterns, sounds, and other data.
Top Key Players:-
Various companies are currently offering advanced products and services according to the customer requirements. Key players in the artificial intelligence market include IBM Corporation, NVIDIA Corporation, Nuance Communications, Cognii, Quantum Simulations, Google, Inc., Microsoft Corporation, and Intel Corporation. The companies are highly investing in R&D activities.
Market share calculation in this report is not done based on companies covered in it. The calculation of artificial intelligence market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Request for customization @ https://www.gminsights.com/roc/1812
Regional Segmentations: -
North America held the highest market share in 2016 and is expected to grow at the highest CAGR from 2017 to 2024. Applications of AI in various sectors, such as agriculture, BFSI, media and advertising, consumer electronics, transportation, and automotive, majorly drive the industry growth. Moreover, the presence of various software development companies and domestic & multinational AI products in this region will further boost the artificial intelligence market growth in this region.
Browse Full Report @ https://www.gminsights.com/industry-analysis/artificial-intelligence-market
The artificial intelligence market is segmented by technology into robotics, digital personal assistance, querying method, deep learning context aware processing, and natural language processing. Robotics and natural language processing are the major contributing segments in the artificial intelligence market. The increasing implementation of natural language processing in the retail sector for the enhancement of customer services is a major factor that improves the segment growth. Additionally, the natural language processing implementation in different AI applications, such as smartphones, robots, and car infotainment, will further drive the industry growth. Moreover, robotic applications for the industrial automation and several government initiatives for smart manufacturing will further fuel the market growth.
On the basis of application, the artificial intelligence market is segmented into retail, transportation & automotive, oil & gas, media & advertising, manufacturing, healthcare, BFSI, and agriculture. Transportation & automotive is projected to hold the largest market share in the application segment followed by healthcare and media & advertising services. Rising adoption of AI in car infotainment and atomization will drive the segment growth over the forecast timeline.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Artificial Intelligence Market size is expected to a have significant growth over the forecast timeline. Increasing complex IT databases and rising AI applications in numerous applications will drive the Artificial Intelligence Market growth.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1812
Increasing R&D in human-like robots and the rising deployment rate in the various regions are likely to fuel the artificial intelligence market growth. The growing adoption of artificial intelligence-enabled software and products to improve customer services is further augmenting the demand. The requirement for such technologies in various sectors, such as healthcare, transportation, retail, and manufacturing, is extensively contributing to the industry growth.
The rise in the use of AI in the cyber security will provide significant growth prospects to the artificial intelligence industry players in the coming years. The major factors responsible for the increasing demand for cyber security is its ability to identify image patterns, sounds, and other data.
Top Key Players:-
Various companies are currently offering advanced products and services according to the customer requirements. Key players in the artificial intelligence market include IBM Corporation, NVIDIA Corporation, Nuance Communications, Cognii, Quantum Simulations, Google, Inc., Microsoft Corporation, and Intel Corporation. The companies are highly investing in R&D activities.
Market share calculation in this report is not done based on companies covered in it. The calculation of artificial intelligence market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Request for customization @ https://www.gminsights.com/roc/1812
Regional Segmentations: -
North America held the highest market share in 2016 and is expected to grow at the highest CAGR from 2017 to 2024. Applications of AI in various sectors, such as agriculture, BFSI, media and advertising, consumer electronics, transportation, and automotive, majorly drive the industry growth. Moreover, the presence of various software development companies and domestic & multinational AI products in this region will further boost the artificial intelligence market growth in this region.
Browse Full Report @ https://www.gminsights.com/industry-analysis/artificial-intelligence-market
The artificial intelligence market is segmented by technology into robotics, digital personal assistance, querying method, deep learning context aware processing, and natural language processing. Robotics and natural language processing are the major contributing segments in the artificial intelligence market. The increasing implementation of natural language processing in the retail sector for the enhancement of customer services is a major factor that improves the segment growth. Additionally, the natural language processing implementation in different AI applications, such as smartphones, robots, and car infotainment, will further drive the industry growth. Moreover, robotic applications for the industrial automation and several government initiatives for smart manufacturing will further fuel the market growth.
On the basis of application, the artificial intelligence market is segmented into retail, transportation & automotive, oil & gas, media & advertising, manufacturing, healthcare, BFSI, and agriculture. Transportation & automotive is projected to hold the largest market share in the application segment followed by healthcare and media & advertising services. Rising adoption of AI in car infotainment and atomization will drive the segment growth over the forecast timeline.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Information:
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results