Artificial Intelligence (AI) Market by Technology (Machine Learning, Natural Language Processing, Image Processing, Speech Recognition), and Industry Vertical (Media & Advertising, BFSI, IT & Telecom, Retail, Healthcare, Automotive & Transportation, and Others) - Global Opportunity Analysis and Industry Forecast, 2018-2025
- Published Date: 2020-10-18
- Report ID: 3121
- Pages: 219
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Format:
The global artificial intelligence market size is expected to reach $169,411.8 million in 2025, from $4,065.0 million in 2016 growing at a CAGR of 55.6% from 2018 to 2025. Artificial Intelligence (AI) has been one of the most progressive technologies in computer science since its introduction in the 1950s. The developments in making more human-like robots and increase in rate of deployments in the developing regions have further transformed the overall market. Google, IBM, Microsoft, and Apple are some of the leading players of the global AI market.
The technology of machine-learning has driven exceptional increase in productivity. For instance, Google and Baidu have increased investment to expand their business capabilities in the AI market. Moreover, developments such as self-driving cars, space exploration, accurate weather predictions, and other prominent developments are boosting the demand for artificial intelligence technologies. However, limited availability of skilled and expert AI employees can negatively impact the growth of the AI Market.
The AI market is segmented by technology, industry vertical, and geography. The various technologies are sub-divided into machine learning, natural language processing, image processing, and speech recognition. In 2016, the machine learning segment dominated the market, in term of revenue, and is expected to maintain this trend in the coming years, owing to increase in demand for artificial intelligence industry solutions. Based on industry verticals, the market is categorized into media & advertising, retail, telecom & IT, healthcare, automotive & transportation, and others (agriculture, law, educational institutions). The IT & telecom segment is anticipated to dominate the global artificial intelligence market throughout the forecast period. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2017, North America region contributed the highest revenue share in the artificial intelligence market and is anticipated to secure the leading position during forecast period, owing to the presence of key companies and large investment in the AI Market.
KEY MARKET SEGMENTS
BY TECHNOLOGY
Machine learning
Natural language processing
Image processing
Speech recognition
BY INDUSTRY VERTICAL
Media & advertising
BFSI
IT & Telecom
Retail
Healthcare
Automotive & transportation
Others (agriculture, law, educational institutions)
BY GEOGRAPHY
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
KEY PLAYERS
Alphabet (Google Inc.)
Apple Inc.
Baidu
IBM Corporation
IPsoft
Microsoft Corporation
MicroStrategy, Inc
NVIDIA
Qlik Technologies Inc
Verint Systems Inc (Next IT Corp).
CHAPTER 1: Introduction
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
CHAPTER 2: Executive summary
2.1. CXO perspective
CHAPTER 3: Market overview
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. Porter's five forces analysis
3.4. Market share analysis, 2017
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Increase in investment in AI technologies
3.5.1.2. Growth in demand for analyzing and interpreting large amounts of data
3.5.1.3. Increased customer satisfaction and increased adoption of reliable cloud applications
3.5.2. Restraint
3.5.2.1. Lack of trained and experienced staff
3.5.3. Opportunities
3.5.3.1. Increased adoption of AI in developing regions
3.5.3.2. Developing smarter robots
CHAPTER 4: Artificial intelligence market, by technology
4.1. Market overview
4.1.1. Market size and forecast, by technology
4.2. Machine learning
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. Natural language processing (NLP)
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country
4.4. Image processing
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country
4.5. Speech recognition
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis, by country
CHAPTER 5: Artificial intelligence market, BY industry vertical
5.1. Market overview
5.1.1. Market size and forecast, by industry vertical
5.2. Media & advertising
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country
5.3. BFSI
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country
5.4. IT & telecom
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis, by country
5.5. Retail
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis, by country
5.6. Healthcare
5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis, by country
5.7. Automotive & transportation
5.7.1. Key market trends, growth factors, and opportunities
5.7.2. Market size and forecast, by region
5.7.3. Market analysis, by country
5.8. Other
5.8.1. Key market trends, growth factors, and opportunities
5.8.2. Market size and forecast, by region
5.8.3. Market analysis, by country
CHAPTER 6: Artificial intelligence market, BY region
6.1. Market overview
6.2. North America
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by technology
6.2.3. Market size and forecast, by industry vertical
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. U.S. market size and forecast, by technology
6.2.4.1.2. U.S. market size and forecast, by industry vertical6.2.4.2. Canada
6.2.4.2.1. Canada market size and forecast, by technology
6.2.4.2.2. Canada Market size and forecast, by industry vertical
6.2.4.3. Mexico
6.2.4.3.1. Mexico market size and forecast, by technology
6.2.4.3.2. Mexico market size and forecast, by industry vertical
6.3. Europe
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by technology
6.3.3. Market size and forecast, by industry vertical
6.3.4. Market size and forecast, by country
6.3.4.1. Germany
6.3.4.1.1. Germany market size and forecast, by technology
6.3.4.1.2. Germany market size and forecast, by industry vertical
6.3.4.2. UK
6.3.4.2.1. UK market size and forecast, by technology
6.3.4.2.2. UK market size and forecast, by industry vertical
6.3.4.3. France
6.3.4.3.1. France market size and forecast, by technology
6.3.4.3.2. France market size and forecast, by industry vertical
6.3.4.4. Russia
6.3.4.4.1. Russia market size and forecast, by technology
6.3.4.4.2. Russia market size and forecast, by industry vertical
6.3.4.5. Rest of Europe
6.3.4.5.1. Rest of Europe market size and forecast, by technology
6.3.4.5.2. Rest of Europe market size and forecast, by industry vertical
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by technology
6.4.3. Market size and forecast, by industry vertical
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. China market size and forecast, by technology
6.4.4.1.2. China market size and forecast, by industry vertical
6.4.4.2. Japan
6.4.4.2.1. Japan market size and forecast, by technology
6.4.4.2.2. Japan market size and forecast, by industry vertical
6.4.4.3. India
6.4.4.3.1. India market size and forecast, by technology
6.4.4.3.2. India market size and forecast, by industry vertical
6.4.4.4. Australia
6.4.4.4.1. Australia market size and forecast, by technology
6.4.4.4.2. Australia market size and forecast, by industry vertical
6.4.4.4.3. Rest of Asia-pacific market size and forecast, by technology
6.4.4.4.4. Rest of Asia-pacific market size and forecast, by industry vertical
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by technology
6.5.3. Market size and forecast, by industry vertical
6.5.4. Market size and forecast, by country
6.5.4.1. Latin America
6.5.4.1.1. Latin America market size and forecast, by technology
6.5.4.1.2. Latin America market size and forecast, by industry vertical
6.5.4.2. Middle East
6.5.4.2.1. Middle East market size and forecast, by technology
6.5.4.2.2. Middle East market size and forecast, by industry vertical
6.5.4.3. Africa
6.5.4.3.1. Africa market size and forecast, by technology
6.5.4.3.2. Africa market size and forecast, by industry vertical
CHAPTER 7: Company profiles
7.1. Alphabet Inc. (Google Inc.)
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.1.5. Business performance
7.1.6. Key strategic moves and developments
7.2. Apple Inc.
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.2.6. Key strategic moves and developments
7.3. Baidu, Inc.
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance
7.3.6. Key strategic moves and developments
7.4. International Business Management Corporation
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance
7.4.6. Key strategic moves and developments
7.5. IPsoft Inc.
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Product portfolio
7.5.4. Key strategic moves and developments
7.6. Microsoft Corporation
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.6.6. Key strategic moves and developments
7.7. MicroStrategy Incorporated
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segment
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves and developments
7.8. NVIDIA Corporation
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance
7.8.6. Key strategic moves and developments
7.9. Qlik Technologies Inc.
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Key strategic moves and developments
7.10. Verint Systems Inc (Next IT Corporation)
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
7.10.5. Business performance
7.10.6. Key strategic moves and developments
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