DUBLIN, Dec 15, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the
"Artificial Intelligence Market by Technology (Deep Learning,
Robotics, Digital Personal Assistant, Querying Method, Natural
Language Processing, Context Aware Processing), Offering, End-User
Industry, and Geography - Global Forecast to 2022" report to their
offering.
The artificial intelligence (AI) market is expected to be worth
USD 16.06 Billion by 2022, at a CAGR
of 62.9% between 2016 and 2022. The major drivers for the growth
are increasingly large and complex datasets and Growing number of
AI applications in various end-user industries. Moreover, the
increasing adoption of AI-enabled products and software tools to
improve consumer services further accelerate its market growth.
Of all the major end-user industries, transportation and
automotive holds the largest share of the artificial intelligence
market. The market for the healthcare end-user industry is expected
to grow at the highest rate in the artificial intelligence market
from 2016 to 2022, followed by the agriculture and media and
advertising industry.
Among the various AI technologies covered in this report,
natural language processing and robotics are the largest
contributors to the overall artificial intelligence market. The
increasing adoption of natural language processing for the
improvement of consumer services in the retail sector is one of the
major factors contributing to its growth in the AI market.
Moreover, the use of natural language processing in several AI
applications such as car infotainment system, AI robots, and
AI-enabled smartphones, among others further drives its growth in
the global AI market. Moreover, the adoption of robotics for the
development of factory robots for industry automation and various
government initiatives such as Industry 4.0 and smart manufacturing
further boost the growth of the market for robotics.
On the basis of offering, the AI market has been segmented into
products (software and hardware) and services. The products segment
held the major market share and is expected to hold its position
till 2022. The significant recent developments of new AI-enabled
software and hardware products are the key factors leading to the
dominance of this segment.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Artificial Intelligence Market, By Technology
8 Artificial Intelligence Market, By Offering
9 Artificial Intelligence Market, By End-User Industry
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
- Fingenius Limited
- General Vision, Inc.
- Google Inc.
- IBM Corporation
- Inbenta Technologies, Inc.
- Intel Corporation
- Microsoft Corporation
- Numenta, Inc.
- Nvidia Corporation
- Sentient Technologies Holdings Ltd.
For more information about this report visit
http://www.researchandmarkets.com/research/vhsqpz/artificial
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Laura Wood, Senior Manager
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SOURCE Research and Markets