Artificial Intelligence (AI) Market Study Overview
The latest report on the Artificial Intelligence (AI) Market size, growth, demand, share, and future scope, published by Markntel Advisor, is a comprehensive compilation of meticulously researched information, unbiased opinions, and relevant data pertaining to various aspects of the industry and its global market impact. The report has been prepared by expert researchers who have conducted in-depth investigations and prioritized the interests of shareholders. It provides a detailed overview of the industry, covering every minute section and consolidating the major factors influencing market fluctuations.
Report Timeline:
- Historical period: 2018 – 2021
- Base Year: 2022
- Forecasting period: 2023 – 2028
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The Report Addresses the Following Questions:
- What are the key drivers and trends in the industry, and how is the market structured?
- How are the market segments divided, and what is their respective size?
- Which segments and geographies offer the most expansion opportunities?
- What is the competitive landscape and market positioning of the players?
To gain a deeper understanding of the Artificial Intelligence (AI) Market, the report covers four major sections. These sections encompass growth drivers, market trends, restraints that may hinder market expansion, along with potential solutions, challenges that stakeholders may face in the future, and growth opportunities arising from consumer trends, governmental initiatives, new product launches, and more.
Artificial Intelligence (AI) Market Size and Growth Estimate To 2028
With an estimated Compound Annual Growth Rate (CAGR) of about 35.1%, the Global Artificial Intelligence (AI) Market is expected to undergo significant growth during the forecast period from 2023 to 2028.
Artificial Intelligence (AI) Market Geographical Breakdown:
The Artificial Intelligence (AI) market is divided into the following regions:
- North America
- South America
- Europe
- The Middle East and Africa
- Asia-Pacific
Through regional analysis, the report aims to provide an overview and forecast of the market based on regional, cultural, regulatory, political, economic, social, technological, and other variations within the industry. This includes examining the presence or absence of major market players, consumer behavior, manufacturing sites, and other relevant factors.
Artificial Intelligence (AI) Market Key Drivers:
Accelerating Adoption of Hyper-Personalized AI Services by Customers – As industries are aware of the risks that AI holds, many new entrants across diverse sectors are using these solutions for business growth. Because of it, a rise in customer engagement with these technologies for a successful business in a competitive and dynamic environment is augmenting the demand for AI solutions, tailoring the overall market expansion through the forecast period. Since businesses can build hyper-personalized marketing strategies as per their needs, the provision of AI is increasing rapidly globally and driving the market through 2028.
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List of Top Companies in the Artificial Intelligence (AI) Market and Their Latest Investment/Development –
- – Intel Corporation
- – Microsoft
- – IBM
- – Amazon Web Services
- – Baidu, Inc.
- – NVIDIA Corporation
- – H2O.ai.
- – Sensely, Inc.
- – Enlitic, Inc.
- – AiCure
- – Arm Limited
- – Clarifai, Inc.
- – Cisco Systems Inc.
- – Kyndryl Inc.
- – Others
Latest Development
- In June 2022, Salesforce and AT&T joined forces on a Connected Climate Initiative (CCI) to reduce greenhouse emissions by 1 gigaton by 2035. This collaboration enables AT&T to use Salesforce’s Net Zero Cloud to measure carbon footprints.
The research report extensively covers key market players and their developments in the Artificial Intelligence (AI) market. The market is moderately fragmented, with numerous players holding insignificant market shares that impact the market dynamics individually. The report provides detailed information about these companies, including their profiles, offerings, financial data, key developments, and more.
Artificial Intelligence (AI) Market Analysis 2023-2028: Complete Segmentation Study
By Offering
- Hardware
- Software
- Services
By Technology
- Machine Learning
- Natural Language Processing
- Context-Aware Computing
- Computer Vision
By Deployment
- Cloud
- On-premises
By Business Function
- Marketing and Sales
- Security
- Finance
- Law
- Human Resource
- Other
- By Organization Size
- Large enterprises
- Small and medium-sized enterprises (SMEs)
By End User
- BFSI
- Retail
- Law
- Healthcare
- Advertising & Media
- Manufacturing
- Automotive and Transportation
- Others (IT/ITES, Telecommunication, etc.)
The market is broadly fragmented, encompassing various segments and sub-segments. The report aims to define, study, and predict the trajectory of each bifurcation, presenting information, trends, and advancements that affect the flow of these segments. This helps stakeholders navigate and thoroughly investigate the industry down to its minute details.
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Parameters for Examining the Artificial Intelligence (AI) Market Report
- > The study presents a comprehensive analysis of the Web 3.0 Market, offering valuable insights into its key trends, developments, drivers, and challenges. It focuses on the various market segments, identifying their potential growth milestones throughout the projected period.
- > This market research report sheds light on the significant factors that are shaping the market dynamics, discussing both the obstacles and opportunities that competitors are seeking. It delves into the industry’s fluctuations, providing in-depth insights and predictions that influence its growth in terms of market segmentation and geographic landscape.
- > Moreover, the report conducts a detailed analysis of the industry’s competitive structure and fragmentation. It highlights essential aspects such as alliances, mergers and acquisitions, strategic loyalty, and investment. These insights offer a comprehensive understanding of the market’s current state and its future prospects.
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