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Artificial Intelligence Market

Global Artificial Intelligence Market is projected to be valued $43 Billion by 2024; with a CAGR of 59.6% from 2017 to 2024. Artificial intelligence (AI) is a branch of computer sciences that emphasiz

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Artificial Intelligence Market

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  1. Global Artificial Intelligence Market Published by :Accurize Market Research Pvt. Ltd

  2. Global Artificial Intelligence Market is projected to be valued $61 Billion by 2024; with a CAGR of 61% from 2017 to 2025 Demand for unmanned aerial vehicles to drive the market • Rising demand for unmanned aerial vehicles, autonomous cars, civil aviation for vehicle tracking, and monitoring & auto control are the key aspects driving the market. But the lack of low-cost & energy-efficient hardware among small & medium businesses may restrict the market growth. Moreover, ongoing R&D, and implementation of ITS (intelligent tutoring systems) in the learning process is also expected to create growth opportunities for the market in the predicted period. • Request Sample : https://www.accurizemarketresearch.com/report/artificial-intelligence-market/sample-request

  3. Market Segmentation • The Artificial Intelligence market is categorised into technology, end-user, and geography. By technology segment, the market is divided into deep learning, machine learning, natural language processing, and machine vision. The end-use segment is further divided into healthcare, BFSI, law, retail, advertising & media, automotive and transportation, agriculture, manufacturing, and other end users. • On the basis of geography, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). U.S., Canada, and Mexico are covered by North America. Europe consists of UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is divided into India, China, Japan, South Korea, and Rest of Asia- Pacific, while RoW is bifurcated into South America, Middle East, and Africa. • Customize Report : https://www.accurizemarketresearch.com/report/artificial-intelligence-market/ask-for-customization

  4. Healthcare accounted for the largest market share in the end-user segment • Healthcare is expected to achieve the fastest CAGR throughout the forecast period i.e. 2017 – 2025. The growth is attributed owing to the growing application of AI technologies in disease diagnosis, and patient care. Besides, Artificial Intelligence is also broadly used in clinical trials, advisory boards, congress planning, promotional outreach, and for helping untapped sales prospects among others. Also, natural language processing accounted for the major artificial intelligence market share in the technology segment in 2017, due to increasing operation of NLP for the development of consumer services in retail sector.

  5. North America dominated the global market with the highest market share over the forecast period • North America accounted for the largest market share of 48.9 % and is anticipated to grow at the fastest CAGR during the forecast period 2017 – 2025. The growth is seen due to wide applications of Artificial Intelligence in end-use industries such as media and advertising, agriculture, transportation & automotive, BFSI, consumer electronics, and retail among others.

  6. Top players in the market • Major companies operating in the market include: • IBM Corporation • Microsoft Corporation • NVIDIA Corporation • Intel Corporation • Qlik Technologies • Brighterion • MicroStrategy • IPsoft • Next IT Corp

  7. Contact Us: Accurize Market Research Pvt. Ltd. Email: help@accurizemarketresearch.com Contact No: +1-339-368-6383

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