Artificial Intelligence Market is expected to grow at 25.4% from 2023 to 2029


Posted June 7, 2023 by mahesh07

Artificial Intelligence Market was valued at US$ 116.37 Bn. in 2022 and the total Artificial Intelligence revenue is expected to grow at 25.4% from 2023 to 2029, reaching nearly US$ 567.45 Bn.

 
Artificial Intelligence Market Report Overview

MMR has recently updated the Artificial Intelligence Market research report gives the knowledge of all the factors with transparent, wide-ranging, and supreme quality market studies. This Artificial Intelligence market report also provides a list of major competitors along with strategic insights and analysis of the key factors influencing this Artificial Intelligence industry. For a booming business, it is quite necessary to get knowledgeable about consumers’ demands, preferences, attitudes, and varying tastes about the particular product. The report endows a wide-ranging statistical analysis of the Artificial Intelligence market’s constant developments, capacity, production, production value, cost/profit, supply/demand, and import/export. A range of markets, marketing strategies, trends, future products, and rising opportunities are taken into consideration while studying the market and generating market reports.

Artificial Intelligence Market Report Scope and Research Methodology

The report on the Artificial Intelligence Market offers details of the applications and key strategies in the market with different driving and restraining factors. The report contains the study of market trends, volume, cost, share and supply and demand, and product analysis. The qualitative and quantitative data collected by primary research resources free and paid databases and surveys, Google forms etc. is further analysed by tools such as SWOT and PESTLE analysis to understand the Artificial Intelligence Market.

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Artificial Intelligence Market Regional Insights

The following section of the Artificial Intelligence market report offers valuable insights into different regions and the key players operating within each of them. To assess the growth of a specific region or country, economic, social, environmental, technological, and political factors have been carefully considered. The section also provides readers with revenue and sales data for each region and country, gathered through comprehensive research. This information is intended to assist readers in determining the potential value of investment in a particular region such as North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Russia, Spain, and the Rest of Europe), Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC), South America (Brazil, Argentina, Rest of SA), Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA).

Artificial Intelligence Market Segmentation :

By Solution, the software segment dominated the AI market in 2022 with total shares of 37.3%. The growth can be ascribed to advancements in information storage capacity, high computing power, and parallel processing capabilities to provide high-end services. Also, the capacity to collect data, give real-time insights, and enhance decision-making has positioned it to grab the majority of the market.

By Technology, the deep learning segment held 34.6% in total Artificial Intelligence Market shares in 2022. The growth can be ascribed to its complex data-driven applications, such as text/content or audio recognition. Deep learning provides profitable investment prospects by assisting in the resolution of big data volume difficulties.

by Solution

• Hardware
• Software
• Services

by Technology

• Deep Learning
• Machine Learning
• Natural Language Processing (NLP)
• Machine Vision

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Artificial Intelligence Market Key Players :

• 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
• Intel Corporation
• Iris.ai AS.
• Lifegraph
• Microsoft
• NVIDIA Corporation
• Sensely, Inc.
• Zebra Medical Vision, Inc.

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Key Questions answered in the Artificial Intelligence Market Report are:

What was the Artificial Intelligence market size in 2022?
What is the expected market size by the end of the forecast period?
Which segment has the largest market share?
What is the competitive scenario of the market?
What are the main factors driving the growth of the market?
Which region held the maximum market share in 2022?
Which regional market is expected to grow at a high rate during the forecast period?
What is the CAGR of the market during the forecast period?
Who are the major players in the market?
Key Offerings:

A detailed Market Overview
Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments and sub-segments
Regional Insights
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By Mahesh
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Business Address 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway,
Country India
Categories Business
Tags artificial intelligence market , artificial intelligence market size , artificial intelligence market share
Last Updated June 7, 2023