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The Global Causal Artificial Intelligence (AI) Market is still emerging and is anticipated to grow at a CAGR of around 38.46% during the forecast period, i.e., 2023-28. The growth of the market would be propelled mainly by the rising demand for interpretable AI, significant advancements in AI & ML (Machine Learning), and the growing availability of large-scale & diverse datasets. Besides, the increasing number of industry-specific AI applications and the constant need for regulations & compliance in BFSI, healthcare, & legal sectors are other prominent aspects projected to drive the market in
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Global Causal Artificial Intelligence (AI) Market Research Report: Forecast (2023-2028) • GET UPDATED SAMPLE REPORT • MARKNTEL ADVISORS
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Market Insights The Global Causal Artificial Intelligence (AI) Market is still emerging and is anticipated to grow at a CAGR of around 38.46% during the forecast period, i.e., 2023-28. The growth of the market would be propelled mainly by the rising demand for interpretable AI, significant advancements in AI & ML (Machine Learning), and the growing availability of large-scale & diverse datasets. Besides, the increasing number of industry-specific AI applications and the constant need for regulations & compliance in BFSI, healthcare, & legal sectors are other prominent aspects projected to drive the market in the future.
Market Drivers Rapidly Growing Demand for Explainable AI - AI is becoming increasingly prevalent & crucial in several industries, owing to which there's a mounting demand for AI solutions that offer transparent & interpretable results. Causal AI has an immense potential to provide explanations for relationships & causal factors behind AI predictions & decisions, i.e., crucial in industries like healthcare, BFSI, and legal domains where trust, accountability, & regulatory compliance are critical. Hence, its ability to help understand the cause-and-effect relationships between variables is the most prominent driver for the Global Causal Artificial Intelligence (AI) Market.
Market Segments By Offering (Deployment (Platform), Cloud, On-Premise, Services, Consulting Services, Deployment & Integration, Training, Support, and Maintenance), By End-User (BFSI, Healthcare and Life Sciences, Retail and E-commerce, Transportation and Logistics, Manufacturing, Others), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific)
Top Companies (IBM Corporation, Microsoft Corporation, Amazon Web Services, Causality Link, Aitia, DataRobot, Inc., causaLens, Google Corporation, H2O.ai, Dynatrace, Cognizant, Geminos, Cognino.ai, Omnics Data Automation, Logility and Others
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MarkNtel Advisors Target Geographies- Focus Areas • MarkNtel has strategically defined its target areas which are based on evaluation by its analysts after analysing the growth potential of various regions. Few of those parameters include: • -Political, Economic, Social, Technological and Environmental Analysis • -Credit Ratings provided by leading institutions • -GDP projections by bodies such as the World Bank, IMF, OECD, etc. • -Market Disruptions and the “Next Big Things”
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