Artificial Intelligence (AI) Market 2020: Global Industry Overview By Size, Share, Trends, Growth Factors, Historical Analysis, Opportunities and Industry Segments Poised for Rapid Growth by 2023

(The Express Wire via Comtex)

The Artificial Intelligence (AI) Market 2020 report covers the manufacturer's data, including: shipment, price, revenue, gross profit, interview record, business distribution, etc., these data help the consumer know about the competitors better. Artificial intelligence (AI) market size will grow by USD 75.54 billion during 2019-2023.

The “Artificial Intelligence (AI) Market”report gives a complete evaluation of the market related to the Artificial Intelligence (AI) Market size, segments, trends, gross margins, opportunities, challenges and risk factors. This report specifically mentions growth, barriers, changing competitive aspects and future prospects of this market. It categorizes the industry by top players, key regions, product type and application. It explores the most renowned market trends and current and past performance of the market to determine its position in the near future. The report then analyzes the growth rate, future trends, sales channels and distributors. This is a wide area for top market players working in the market to compete with each other.

The report offers an analysis of the market based on end-users (retail, banking, manufacturing, healthcare, and others). The AI market research report further presents in-depth insights on the growth prospects of the market across APAC, Europe, MEA, North America, and South America. The report analyzes the market’s competitive landscape and offers information on several companies including Google LLC, IBM, Intel Corporation, Microsoft, and NVIDIA Corporation.

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About Artificial Intelligence (AI) Market:
The cybersecurity industry has recorded a growing number of fraud and malicious attacks, ranging from stealing personal data to important organizational information, in the past few years. Companies are looking to apply Al technologies to combat these threats more effectively. Al technology help in threat detection, pattern recognition, and response time reduction. It also helps in combating threats such as distributed denial-of-service (DDoS) attacks. Organizations are looking to generate and collect data about user behavior and key trends to generate insights that will help in enhancing their product offerings, which, in turn, will help them with business growth. However, this also presents the risk that cybercriminals can bypass security mechanisms and access important organizational information.

Ouranalysts have predicted that the artificial intelligence (AI) market will register a CAGR of over 33% by 2023. The Artificial Intelligence (AI) Market report also focuses on some of the key growth prospect, including new product launches, MandA, RandD, joint ventures, collaborations, agreements, partnerships, and growth of the key players functioning in the market, both in terms of regional and global scale. Analysts forecast the Global Artificial Intelligence (AI) market to grow at the Highest CAGR during the forecast period 2019-2024.

List of theTop Key Playersof Artificial Intelligence (AI) Market:

  • Google LLC
  • IBM
  • Intel Corporation
  • Microsoft
  • NVIDIA Corporation

The scope of the report covers all the major system technologies that are currently being implemented in the global Artificial Intelligence (AI) industry. Market values are based on the end-user (public and private) based on the manufacturing of Artificial Intelligence (AI) systems. Artificial Intelligence (AI) market manufacturers place orders when they receive work orders from Artificial Intelligence (AI) market operators such as commercial, military, and others. Therefore, market numbers are derived from the end-user perspective, considering their (Artificial Intelligence (AI) market operators) orders for the Artificial Intelligence (AI) market.

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AI market segmentation based on end-users

  • Retail
  • Banking
  • Manufacturing
  • Healthcare
  • Others

The retail segment will account for the highest artificial intelligence market share during the forecast period. The focus of retail organizations towards deploying AI for developing automated customer service agents, facilitating sales process recommendation and automation, and merchandising for omnichannel operations will drive the contribution of the end-user segment towards the growth of the AI market size.

Market Dynamics:

Chatbots in Al
A chatbot is a program that tries to imitate human conversation. The idea is for people to think that they are conversing with an actual human, when in fact they are talking to a chatbot. Casper is a chatbot that is designed to help insomniacs. MedWhat is a chatbot that aims at making medical diagnoses faster, easier, and more transparent for both patients and physicians.
Shortage of Al experts
The lack of experts is slowing down the development of strong Al technology. The expertise currently is toward the development of narrow Al. This will result in the lower adoption of Al in some of the major sectors such as the government. Furthermore, the development of Al has created many jobs, and there are institutions globally that have courses designed to train individuals. However, this has not been beneficial for the expert base of strong Al developers. Thus, this is one of the potential challenges.
For the detailed list of factors that will drive and challenge the growth of the artificial intelligence (AI) market during the 2019-2023, view our report.

Global Artificial Intelligence (AI) Industry 2019 Market Research Report is spread across 129 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.

This Report lets you identify the opportunities in Artificial Intelligence (AI) Market by means of aregion:

  • North America(the UnitedStates, Canada, andMexico)
  • Europe(Germany, UK, France, Italy, Russia, and Turkey, etc.)
  • Asia-Pacific(China, Japan, Korea, India, Australia and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, andVietnam))
  • South America(Brazil etc.)
  • The MiddleEast and Africa(North Africa and GCC Countries)

The Artificial Intelligence (AI) market has been created based on an in-depth market analysis with inputs from industry experts. The report covers the growth prospects over the coming years and discussion of the key vendors.

Research Objectives Of Artificial Intelligence (AI) Market Report:

  • Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis.
  • Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.
  • Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.
  • Country-level analysis, integrating the demand and supply forces that are influencing the growth of the Artificial Intelligence (AI) Market.
  • Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.
  • Comprehensive company profiles, covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.

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The report also focuses on global major leading industry players of Global Artificial Intelligence (AI) market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Global Artificial Intelligence (AI) market development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered. With tables and figures helping analyze worldwide Global Artificial Intelligence (AI) market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Competitive Analysis:

Artificial Intelligence (AI) market appears to be fairly fragmented and with the presence of several vendors. This Artificial Intelligence (AI) market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the Artificial Intelligence (AI) market’s competitive landscape and offering information on the products offered by companies.

Reason to buy Artificial Intelligence (AI) Market Report:

  • To measure populations in the global Artificial Intelligence (AI) market to target the development of future products, pricing strategies, and launch plans.
  • Further insight into the frequency of the subdivided types of Artificial Intelligence (AI) and identification of Artificial Intelligence (AI) market segments with high potential.
  • Transfer of more accurate information for clinical trials in research sizing and realistic recruitment for various countries.
  • A better understanding of the impact of specific conditions on the prevalent population of Artificial Intelligence (AI) market.
  • To understand the specific markets that have the largest number of Artificial Intelligence (AI) market industry

Table of Content:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

  • Market outline

PART 05: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 06: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market size and forecast

PART 07: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 08: MARKET SEGMENTATION BY PRODUCT

  • Global Artificial Intelligence (AI) market by product
  • Comparison by product
  • Market opportunity by product

PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

  • Global Artificial Intelligence (AI) market by distribution channel
  • Comparison by distribution channel
  • Global Artificial Intelligence (AI) market by offline distribution channel
  • Global Artificial Intelligence (AI) market by online distribution channel
  • Market opportunity by distribution channel

PART 10: CUSTOMER LANDSCAPE

PART 11: MARKET SEGMENTATION BY END-USER

  • Global Artificial Intelligence (AI) market by end-user
  • Comparison by end-user

PART 12: REGIONAL LANDSCAPE

  • Global licensed sports merchandise market by geography
  • Regional comparison
  • Licensed sports merchandise market in Americas
  • Licensed sports merchandise market in EMEA
  • Licensed sports merchandise market in APAC
  • Market opportunity

PART 13: DECISION FRAMEWORK

PART 14: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 15: MARKET TRENDS

PART 16: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 17: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors

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