Artificial Intelligence Market, By Types (Software, Hardware, Services), By Technology (Machine Learning, NLP, DL, and Machine Vision), By Application and Geography (North America, Europe, Asia Pacific, and RoW) Analysis, Share, Trends, Size, & Forecast From 2014 2025
Report Code: AV153
Industry: Semiconductor and Electronics
Publiced On: 2020-12-29
Pages: 117
Format:
REPORT HIGHLIGHT
The artificial intelligence market is estimated to represent a global market of USD 680.9 million by 2017 with growth rate of 45.9%.
Artificial intelligence is a rapidly advancing internet enabled technology. According to the Association for the Advancement of Artificial Intelligence, artificial intelligence is a computer controlled robotic system that capable to perform various tasks as human intelligence such as learning, problem solving, and reasoning.
Market Dynamics
Advancements in technologies is considered to be one of the most important driving factor for the market growth. Additionally, rising Research and development activities coupled with strategic merger and acquisitions would in turn support the market growth to great extent. On contrary, AI industry promises several benefits, but also poses many challenges in terms of skilled workers, and huge investments, which limits industry growth. In addition to this, regulatory and legal challenges that could further hold back the growth of AI industry in coming years.
Types Takeaway
In terms of types, the market is divided into Software, Hardware and Services. Software segment accounted for the largest share of the global market. Technology segment is bifurcated as Machine Learning, Natural Language Processing, Deep Learning, and Machine Vision. Deep learning segment is projected to dominate the market with approximately 30% share in 2025. Deep learning is the application to learning tasks of Artificial Neural Network, part of machine learning methods based on learning data representations.
Application Takeaway
This science and technology based discipline has been dominant in various fields such as Banking and Financial IT Services, Healthcare, Advertising & Media, Automotive & Transportation, Manufacturing, Agriculture, and Others. Adoption of artificial intelligence is occurring at rapid pace in sectors that are strong digital adopters such as telecommunications, automotive and financial services. Automotive industry is considered to be the first sector which has implemented AI based robotic technology to develop self-driving vehicles. Furthermore, imaging diagnostics such as pathology and radiology promises strong potential for the use of AI enabled technology in healthcare sector.
Healthcare sector is further categorized as Virtual Nursing Assistants, Robot Assisted Surgery, Hospital Workflow Management, Clinical Trial Participant Identifier, Automated Image Diagnosis, and others. AI technology presents strong potential to accelerate the drug development process by reducing time consuming and costly errors during clinical investigations. Thus, pharmaceutical giants such as Merck & Co. and Johnson & Johnson have started investing in advanced artificial intelligence technology in order to gain advantage over their competitors. Rising adoption of such technologies has significantly improved the developments in drug discoveries and developments. On other hand, BFSI is broadly categorized into Portfolio Management, Risk Assessment, Financial Research, and others.
Regional Takeaway
Regionally, North America and China is considered to experience the fastest growth in coming years. One of the major reason for the high growth of these regions are their extensive productivity and research and development activities. It is noticed that China is strongly followed North America which will further stimulate the export of AI enabled products from China market to North American countries. On other hand, AI industry is set to be the key reason of transformation, and competitive advantage in countries such as India, Japan and Latin American countries. Owing to the strong growth opportunities of this market in India and China, Asia Pacific region is projected to grow with the highest growth rate of 65.23% over the future period.
Key Vendor Takeaway
Key players such as Lifegraph, Cyrcadia Health, Google LLC, NVIDIA Corporation, and Baidu, Inc. are included in the study. The artificial intelligence industry is poised to unleash the next step of digital disruption. Due to this fact, key players are increasingly investing in this sector, dominated by the technology giants such as Google LLC and Baidu, Inc.
The market size and forecast for each segment has been provided for the period 2014 to 2025, considering 2015 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2016 to 2025 for every reported segment.
The years considered for the study are:
- Historical Year – 2014 & 2015
- Base Year – 2015
- Estimated Year – 2016
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, And Suppliers
- Manufacturers
- Hospitals
- Government and Regional Agencies and Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY TYPES
- Software
- Hardware
- Services
MARKET, BY TECHNOLOGY
- Machine Learning
- Natural Language Processing
- Deep Learning
- Machine Vision
MARKET, BY APPLICATION
- Banking and Financial IT Services
- Portfolio Management
- Risk Assessment
- Financial Research
- Others
- Healthcare
- Virtual Nursing Assistants
- Robot Assisted Surgery
- Hospital Workflow Management
- Clinical Trial Participant Identifier
- Automated Image Diagnosis
- Others
- Advertising & Media
- Automotive & Transportation
- Manufacturing
- Agriculture
- Others
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Rest of Europe
- Asia Pacific
- India
- China
- Rest of APAC
- Rest of the World
- Middle East and Africa
- Latin America
TABLE OF CONTENT
1. ARTIFICIAL INTELLIGENCE MARKET OVERVIEW
1.1. Study Scope
1.2. Base Year
1.3. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Key Market Facts
2.2. Geographical Scenario
2.3. Companies in the Market
3. ARTIFICIAL INTELLIGENCE KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. ARTIFICIAL INTELLIGENCE INDUSTRY STUDY
4.1. Porter’s Analysis
4.2. Regulatory Framework Analysis
4.3. Market Attractiveness Analysis
4.4. Value Chain Analysis
5. ARTIFICIAL INTELLIGENCE MARKET LANDSCAPE
5.1. Market Share Analysis
6. ARTIFICIAL INTELLIGENCE MARKET – BY TYPES:
6.1. Overview
6.2. Software
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Hardware
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Services
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. ARTIFICIAL INTELLIGENCE MARKET – BY TECHNOLOGY:
7.1. Overview
7.2. Machine Learning
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Natural Language Processing
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Deep Learning
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Machine Vision
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. ARTIFICIAL INTELLIGENCE MARKET – BY APPLICATION:
8.1. Overview
8.2. Banking and Financial IT Services
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.3. Portfolio Management
8.2.3.1. Overview
8.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.4. Risk Assessment
8.2.4.1. Overview
8.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.5. Financial Research
8.2.5.1. Overview
8.2.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.6. Others
8.2.6.1. Overview
8.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Healthcare
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.3. Virtual Nursing Assistants
8.3.3.1. Overview
8.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.4. Robot Assisted Surgery
8.3.4.1. Overview
8.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.5. Hospital Workflow Management
8.3.5.1. Overview
8.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.6. Clinical Trial Participant Identifier
8.3.6.1. Overview
8.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.7. Automated Image Diagnosis
8.3.7.1. Overview
8.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.8. Others
8.3.8.1. Overview
8.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Advertising & Media
8.4.1. Overview
8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5. Automotive & Transportation
8.5.1. Overview
8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.6. Manufacturing
8.6.1. Overview
8.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.7. Agriculture
8.7.1. Overview
8.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.8. Others
8.8.1. Overview
8.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. ARTIFICIAL INTELLIGENCE MARKET– BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. Overview
9.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.2.3. U.S.
9.2.3.1. Overview
9.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.2.4. Canada
9.2.4.1. Overview
9.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3. Europe
9.3.1. Overview
9.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.3. France
9.3.3.1. Overview
9.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.4. Germany
9.3.4.1. Overview
9.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.5. Rest of Europe
9.3.5.1. Overview
9.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4. Asia Pacific (APAC)
9.4.1. Overview
9.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.3. China
9.4.3.1. Overview
9.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.4. India
9.4.4.1. Overview
9.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.5. Rest of APAC
9.4.5.1. Overview
9.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5. Rest of the World
9.5.1. Overview
9.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5.3. Latin America
9.5.3.1. Overview
9.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5.4. Middle East and Africa
9.5.4.1. Overview
9.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10. KEY VENDOR ANALYSIS
10.1. Lifegraph
10.1.1. Company Overview
10.1.2. SWOT Analysis
10.1.3. Key Developments
10.2. Cyrcadia Health
10.2.1. Company Overview
10.2.2. SWOT Analysis
10.2.3. Key Developments
10.3. Google LLC
10.3.1. Company Overview
10.3.2. SWOT Analysis
10.3.3. Key Developments
10.4. NVIDIA Corporation
10.4.1. Company Overview
10.4.2. SWOT Analysis
10.4.3. Key Developments
10.5. Baidu, Inc.
10.5.1. Company Overview
10.5.2. SWOT Analysis
10.5.3. Key Developments
*Client can request additional company profiling as per specific requirements
11. 360 DEGREE ANALYSTVIEW
12. APPENDIX
12.1. Research Methodology
12.2. Abbreviations
12.3. Disclaimer
12.4. Contact Us
List of Tables
Table 1 List of Acronyms
Table 2 Key Market Facts, 2014 – 2025
Table 3 Market Drivers: Impact Analysis
Table 4 Market Restraint: Impact Analysis
Table 5 Market Opportunity: Impact Analysis
Table 6 PEST Analysis
Table 7 Porter’s Five Forces Analysis
Table 8 Company Market Share Analysis
Table 9 Global Artificial Intelligence Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
Table 10 Artificial Intelligence Market, by Types, 2014 – 2025 (USD Million)
Table 11 Artificial Intelligence Market, by Technology, 2014 – 2025 (USD Million)
Table 12 Artificial Intelligence Market, by Application, 2014 – 2025 (USD Million)
Table 13 Artificial Intelligence Market, by Geography, 2014 – 2025 (USD Million)
Table 14 North America Artificial Intelligence Market, 2014 – 2025 (USD Million)
Table 15 U.S. Artificial Intelligence Market, 2014 – 2025 (USD Million)
Table 16 Canada Artificial Intelligence Market, 2014 – 2025 (USD Million)
Table 17 Europe Artificial Intelligence Market, 2014 – 2025 (USD Million)
Table 18 France Artificial Intelligence Market, 2014 – 2025 (USD Million)
Table 19 Germany Artificial Intelligence Market, 2014 – 2025 (USD Million)
Table 20 Asia Pacific Artificial Intelligence Market, 2014 – 2025 (USD Million)
Table 21 China Artificial Intelligence Market, 2014 – 2025 (USD Million)
Table 22 India Artificial Intelligence Market, 2014 – 2025 (USD Million)
Table 23 Latin America Artificial Intelligence Market, 2014 – 2025 (USD Million)
Table 24 MEA Artificial Intelligence Market, 2014 – 2025 (USD Million)
List of Figures
Figure 1 Research Methodology
Figure 2 Research Process Flow Chart
Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)
Figure 4 Regulatory Framework Analysis
Figure 5 Value Chain Analysis Analysis
Figure 6 Artificial Intelligence Market, by Types, 2014 – 2025 (USD Million)
Figure 7 Artificial Intelligence Market, by Technology, 2014 – 2025 (USD Million)
Figure 8 Artificial Intelligence Market, by Application, 2014 – 2025 (USD Million)
Figure 9 Artificial Intelligence Market, by Geography, 2014 – 2025 (USD Million)
