Global Artificial Intelligence (AI) Market Will Reach At CAGR Of 50.51% Between 2017-2021

Latest industry research report on: Global Artificial Intelligence (AI) Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

Artificial Intelligence (AI) technologies assist human beings in deliberating, deducing, analyzing, and inventing new technologies that can ensure the Fourth Industrial Revolution. As a result of its reducing expenses, the adoption of the AI technology is increasing in every sector. AI uses multiple disciplines that allow computers to perform functions that require human intelligence such as learning, reasoning, and problem-solving. It is possible to collect and store large amounts of real-time data using modern technologies, such as vision systems, actuators, and sensors, which can strongly influence manufacturing processes. The real-time data can also be manipulated for efficient manufacturing.

Technavios analysts forecast the global artificial intelligence market to grow at a CAGR of 50.51% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global artificial intelligence market for 2017-2021. To calculate the market size, the report considers the retail selling price considered as the average selling price for the product.

The market is divided into the following segments based on geography:

  • Americas

  • APAC

  • EMEA

Technavio’s report, Global Artificial Intelligence Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

  • Amazon Web Services

  • IBM

  • Siemens

  • Omron Adept Technologies

  • Other prominent vendors

  • AIBrain

  • Anki

  • Apple

  • Banjo

  • CloudMinds

  • Facebook

  • Google

  • iCarbonX

  • Intel

  • Jibo

  • Microsoft

  • Next IT

  • NVIDIA

Market driver

  • Growing adoption of deep learning technology

  • For a full, detailed list, view our report

Market challenge

  • Challenges in developing AI technologies

  • For a full, detailed list, view our report

Market trend

  • Growing popularity of swarm AI technology

  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?

  • What are the key market trends?

  • What is driving this market?

  • What are the challenges to market growth?

  • Who are the key vendors in this market space?

  • What are the market opportunities and threats faced by the key vendors?

  • What are the strengths and weaknesses of the key vendors?

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