Artificial Intelligence Systems Spending Market Application, High Demand 2028

1. www.emergenresearch.com Artificial Intelligence Systems Spending Market Size Worth USD 767.60 Billion by 2028 Increasing demand for AI-driven solutions in the education sector and rising adoption of AI in the BFSI industry to provide enhanced customer service is driving growth of the artificial intelligence systems spending market.

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5. Market Summary The global Artificial Intelligence systems spending market is forecast to reach a market size of USD 767.60 Billion by 2028, and register a significantly high CAGR, according to latest analysis by Emergen Research. Growth of the global Artificial Intelligence systems spending market in terms of revenue is expected to increase significantly during the forecast period due to rising demand for AI solutions in the education sector. Rising adoption of AI in the BFSI industry to provide enhanced customer service is also another major factor expected to further boost global Artificial Intelligence systems spending market growth during the forecast period. Rising focus of governments on digital economy transformation is expected to further support market growth going ahead. www.emergenresearch.com

6. Market Summary Key Highlights From The Report. Software segment is expected to lead in terms of revenue growth, and register a CAGR of 47.6% during the forecast period. This high growth rate can be attributed to increasing implementation of AI-enabled chatbot solutions to improve operational activities and customer service. Deep learning segment is projected to account for largest market share over the forecast period due to growing use of deep learning technology to develop AI-enabled advanced service bot and virtual assistance. In terms of revenue contribution to the global Artificial Intelligence systems spending market, the automated customer service segment is projected to lead during the forecast period as a result of increasing implementation of AI-based platforms to optimize customer service activities in different end-use industries. Request Free Sample Copy@ https://www.emergenresearch.com/request-sample/487 www.emergenresearch.com

7. Market Summary Emergen Research has segmented the global Artificial Intelligence systems spending market on the basis of component, technology, application, end-use, and region. Component Outlook (Revenue, USD Billion; 2021–2028) Software Applications Platforms Hardware Server Storage Service IT service Business service Technology Outlook (Revenue, USD Billion; 2021–2028) Natural language processing Deep learning Artificial general intelligence (AGI) Machine vision Artificial super intelligence (ASI) Machine learning

8. Market Summary Application Outlook (Revenue, USD Billion; 2021–2028) Automated threat intelligence & prevention systems Fraud analysis & investigation Automated customer service Others End-use Outlook (Revenue, USD Billion; 2021–2028) Healthcare BFSI Transportation Education Telecommunications Media & entertainment Retail Manufacturing Construction Information technology Others Read More@ https://www.emergenresearch.com/industry-report/artificial-intelligence-systems- spending-market

9. Parameter Details Market Size Estimation Period 2020-2028 Base Year Considered 2020 Historical Data 2017-2019 Forecast Period 2021-2028 Quantitative Units Revenue in USD million & CAGR from 2020 to 2028 Segments Covered Types, Application, End-Users, Regions & more. MARKET Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil SEGMENTATION Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends Report Coverage Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa Customization Scope 10 hours of free customization & expert consultation Explore Different Purchase Options & Request for Discount to Avail New Year Discount Pricing and Purchase Options www.emergenresearch.com

10. Regional Share Dynamics www.emergenresearch.com

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