The global artificial intelligence market is expected to grow from USD 19,631.17 million 2017 to USD 176,547.35 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 36.86%.

"Emerging AI technologies and growth in big datais one of the factors largely attributing to the growth of artificial intelligence market globally"

The factors attributing to the growth of the market are emerging ai technologies and growth in big data, increased investment in ai technologies, growth in adoption of cloud-based applications and services, increase in demand for intelligent virtual assistants, advances in image and voice recognition, demand for analyzing and interpreting large amounts of data, and increasing demand for industry specific ai applications. However, some factors such as concerns regarding data privacy, and limited number trained and experienced staff may hinder the market growth. The global artificial intelligence market is expected to showcase the opportunities such as adoption of ai to improve customer service, improved image recognition technology to offer enhanced drones, self-driving cars, and robotics, and increasing cross-industry partnerships and collaborations. In the near future, the market may face the possible challenges in the growth due to vast demonstrative data requirement, and intellectual challenges in the development and revision of such a technology. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global artificial intelligence market market.

On the basis of component, the global artificial intelligence market is studied across Hardware, Services, and Software.

On the basis of technology, the global artificial intelligence market is studied across Computer Vision, Context-Aware Computing, Handwriting Recognition, Machine Learning, Natural Language Processing (NLP), Speech Recognition, and Vision Systems.

On the basis of industry, the global artificial intelligence market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality.

On the basis of geography, the global artificial intelligence market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).

"Amazon Web Services, Inc.: The potential growing player for the global artificial intelligence market"

The key players profiled in the global artificial intelligence market are Amazon Web Services, Inc., Baidu, Inc., Facebook, Inc., Google LLC, Intel Corporation, International Business Machines Corporation, Micron Technology, Microsoft Corporation, NVIDIA Corporation, Oracle Corporation, SAP SE, SAS Institute Inc., Salesforce.com, Inc., Samsung Electronics Co., Ltd., and Xilinx, Inc..


The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global artificial intelligence market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global artificial intelligence market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global artificial intelligence market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global artificial intelligence market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global artificial intelligence market.