Le Lézard
Classified in: Science and technology, Covid-19 virus
Subject: MRR

$422.37+ Billion Global Artificial Intelligence (AI) Market Size Likely to Grow at 39.4% CAGR During 2022-2028 | Industry Trends, Share, Growth, SWOT Analysis, Forecast by Zion Market Research


NEW YORK, June 27, 2022 /PRNewswire/ -- As per Zion Market Research study, The global artificial intelligence (AI) market was valued at nearly USD 59.67 billion in 2021 and is estimated to expand at a compound annual growth rate (CAGR) of 39.4 percent to reach USD 422.37 billion by 2028.

Zion_Market_Research_Logo

Key Industry Insights & Finding of the Artificial Intelligence (AI) Market  Reports:

Zion Market Research published the latest report titled as  "Artificial Intelligence (AI) Market By Component (Solution And Services), By Technology (Machine Learning, Natural Language Processing, Computer Vision, And Others), By Industry Vertical (IT & Telecommunication, Retail & E-Commerce, BFSI, Healthcare, Manufacturing, Automotive, And Others), And By Region ? Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 ? 2028." into their research database.

Artificial Intelligence (AI) Market : Overview

Artificial intelligence (AI), generally termed machine intelligence, is a branch of computer science dealing with the creation and management of technology that can learn to make decisions and conduct transactions on behalf of users. Artificial intelligence programs are currently being put to the test against intelligence criteria that are outside of human perception, including AI applications in quantum and supercomputers. Artificial intelligence technology advances like these are likely to contribute to the artificial intelligence market's growth in the future years.

Get a Free Sample Report with All Related Graphs & Charts (with COVID 19 Impact Analysis): https://www.zionmarketresearch.com/sample/artificial-intelligence-market

Our Free Sample Report Includes:

Industry Dynamics:

Artificial Intelligence (AI) Market : Growth Drivers

AI, particularly computer vision and machine learning, is transforming the robotics business today. Businesses are exploring completely autonomous robots that can sense, interact, and conceive the environment around them in order to stay ahead in a global market. Industries are searching for reliable and experienced technology associates as they initiate to direct this current technological transformation. Deep learning models handle enormous amounts of data, such as photos, texts, and sounds, using artificial neural networks to provide correct results. Artificial intelligence-driven automation has proven effective in a variety of areas, including healthcare, aviation, agricultural, energy, and material handling. AI is being largely used to diagnose equipment failures and detect product irregularities, in addition to automating operations. All these factors assure global artificial intelligence (AI) market expansion over the forecast period.

Artificial Intelligence (AI) Market : Restraints

AI is a complicated system, and firms need employees with certain skill sets to create, manage, and deploy AI systems. Workers working with AI systems, for example, should be familiar with technologies like deep learning, cognitive computing, machine learning, and image recognition. Further, integrating AI solutions with current systems is a complex endeavor that necessitates considerable data processing to emulate human brain activity. Even slight faults can cause a system to fail or a solution to malfunction, which can have a significant impact on outcomes and intended results. Such factors can affect the market growth during the forecast period. 

Directly Purchase a Copy of the Report @ https://www.zionmarketresearch.com/buynow/su/artificial-intelligence-market

Global Artificial Intelligence (AI) Market : Opportunities

Expanding applications and simple deployment techniques have drawn governments' and private organizations' attention to AI technology, resulting in increased government expenditures on AI and related technologies. Government agencies, public sector organizations, and non-governmental organizations have begun allocating funds for AI-based pilot initiatives in a variety of areas, including traffic management, road & public safety, and government document digitalization. The US government committed more than USD 1 billion in funding for AI and quantum information science research laboratories in August 2020. Moreover, the Canadian government pledged USD 518 million in March 2021 to expand advanced technology research infrastructure, while the UK government has financed USD 27.5 million in 15 innovative AI research initiatives in the healthcare industry.

Global Artificial Intelligence (AI) Market : Challenges

In the future, security risks will become even more prevalent. The financial effect of cybercrime has climbed by approximately 78 percent in the last five years, and the time it takes to handle intrusions has doubled. Several IT teams are finding it difficult to keep up with the growing amount of data from diverse sources. Security breaches and data losses have escalated as a result of the inefficiencies of managing exabytes and petabytes of data. To provide an amazing client experience in today's competitive industry, marketing teams demand real-time and secure data. Organizations are collecting data from a variety of sources and measuring it online. Such data, which is utilized for assistance and communication, might be of several sorts. Public data, large data, and tiny data obtained from clients are examples of these data kinds. To preserve consumer confidence, companies must provide high-level data security as cyberattacks have substantially risen in number and sophistication. All such factors pose a major challenge to the global artificial intelligence (AI) market growth.

Global Artificial Intelligence (AI) Market : Segmentation

Based on components, the market is split into services and solutions. By technology, the market is bifurcated into natural language processing, machine learning, computer vision, and others. The industry vertical segment of the market includes healthcare, IT & telecommunication, manufacturing, retail & e-commerce, automotive, BFSI, and others.

Get More Insight before [email protected] : https://www.zionmarketresearch.com/inquiry/protective-packaging-market

List of Key Players of Artificial Intelligence (AI) Market :

Key questions answered in this report:

Report Scope:

Report Attribute

Details

Market size value in 2021

USD 59.67 Billion

Revenue forecast in 2028

USD 422.37 Billion

Growth Rate

CAGR of almost 39.4 % 2022-2028

Base Year

2020

Historic Years

2016 - 2021

Forecast Years

2022 - 2028

Segments Covered

By Product Type, By Application, and By End Use

Forecast Units

Value (USD Billion), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2022 to 2028

Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others

Companies Covered

Alphabet Inc., Microsoft Corporation, IBM Corporation, SAP SE, Baidu, Inc., Intel Corporation, Amazon Web Services, Inc., Samsung Electronics Co., Ltd., SAS Institute Inc., Facebook, Inc., Salesforce.com, Inc., Oracle, Cisco, Alibaba Cloud, Siemens, NVIDIA Corporation, and Huawei.

Report Coverage

Market growth drivers, restraints, opportunities, Porter's five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

Customization Scope

Avail customized purchase options to meet your exact research needs.  

https://www.zionmarketresearch.com/custom/6999

 

 Free Brochure: https://www.zionmarketresearch.com/requestbrochure/artificial-intelligence-market

Recent Developments

Regional Dominance:

North America led the global artificial intelligence (AI) market in 2021, accounting for about 43 percent of overall revenue. This significant proportion is attributed to government programs that stimulate AI to use across several industries. For example, in February 2019, President Donald J. Trump announced the American AI Initiative as the country's plan for advancing artificial intelligence leadership. Federal authorities have established standards for the development and real-world application of AI-based systems across several industrial sectors as part of this project. During the projected period, the market in Asia Pacific is projected to develop at the fastest CAGR. The use of AI services in major end-user sectors including healthcare, manufacturing, and automotive in nations like China, Japan, South Korea, and Australia has fueled this expansion.

Global Artificial Intelligence (AI) Market  is segmented as follows:

Artificial Intelligence (AI) Market : By Component Outlook (2022-2028)

Artificial Intelligence (AI) Market : By Technology Outlook (2022-2028)

Artificial Intelligence (AI) Market : By Industry Vertical Outlook (2022-2028)

Artificial Intelligence (AI) Market : By Region Outlook (2022-2028)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Press Release For Artificial Intelligence (AI) Market : https://www.zionmarketresearch.com/news/global-artificial-intelligence-market

Browse Other Related Research Reports from Zion Market Research

Browse through Zion Market Research's coverage of the Global Technology & Media Industry

Follow Us on: LinkedIn | Twitter | Facebook

About Us

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us?after all?if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651
Email: [email protected]    
Website: https://www.zionmarketresearch.com/   
Blog : https://zmrblog.com/

Logo: https://mma.prnewswire.com/media/1605489/Zion_Market_Research_Logo.jpg


These press releases may also interest you

at 19:48
Florida Polytechnic University unveiled its new Applied Research Center, a cutting-edge facility that will strengthen Florida Poly's position as a premier STEM institution and engine for economic development. The $47 million building expands the...

at 19:20
Groove, a leading sales productivity platform for enterprises using Salesforce®, today announced that it has been named to Inc. magazine's annual Inc. 5000 list of the fastest-growing privately held companies in the United States. Groove's three-year...

at 19:15
iHire has been named to the annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. With revenue growth of 99.3% between 2018 to 2021, iHire earned a coveted spot on the list for the second straight...

at 19:05
Fortive Corporation ("Fortive") announced today that its Board of Directors declared a regular quarterly cash dividend of $0.07 per share of its common stock, par value $0.01 per share, payable on September 30, 2022 to common stockholders of record...

at 18:28
SS&C Technologies Holdings, Inc.  today announced its Board of Directors has approved a quarterly dividend payout of $0.20 per share, consistent with its quarterly dividend policy. The dividend is payable on September 15, 2022, to stockholders of...

at 18:10
Small businesses are at the heart of Canadian communities and are the engines that drive local economies. Their success is critical to accelerating inclusive growth that benefits everyone. The Honourable Mary Ng, Minister of International Trade,...



News published on 27 june 2022 at 11:00 and distributed by: