Artificial Intelligence Systems Spending Market Trends, Products, Revenue

1. Artificial Intelligence Systems Spending Market Size Worth USD 767.60 Billion by 2028 www.emergenresearch.com 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. . 2

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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. However, high cost of AI solutions is expected to restrain adoption, and in turn, impact growth of the global Artificial Intelligence systems spending market growth to a certain extent during the forecast period. Read More : https://www.emergenresearch.com/industry-report/artificial-intelligence-systems-spending-market www.emergenresearch.com

6. Market Summary Key Highlights of 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. Healthcare segment is projected to account for comparatively higher market share during the forecast period due to growing use of AI platforms for novel cancer drug target identification and validation. North America market is projected to account for the highest revenue share among other regional markets over the forecast period due to increasing government focus on digital economy transformation in countries in the region. Request Free Sample @ https://www.emergenresearch.com/request-sample/487 www.emergenresearch.com

7. Market Summary • Component Outlook (Revenue, USD Billion; 2021–2028) • Software • Hardware • 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 • End-use Outlook (Revenue, USD Billion; 2021–2028)Healthcare • BFSI • Transportation • Education • Telecommunications • Media & entertainment • Retail • Request customization @ https://www.emergenresearch.com/request-for-customization/487

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