In a broad sense, the term artificial intelligence refers to the information systems inspired by biological systems, and associated with the development of intelligent software and machines that react and work like humans. The term encompasses various technologies such as machine learning, machine reasoning, computer vision and natural language processing. These technologies have real world applications in several industries, and are capable of transforming the entire business model of an organization. Some of the applications are: image and speech recognition, object identification and detection, video analysis, forecasting, and data management.
The Artificial Intelligence market is witnessing a significant investment by organizations in different verticals due to the benefits of AI in productivity, positioning of products and services, and reaching to the customers effectively. AI has transformed the business management by integration of various tools such as trend predictions, workflow management tools and others. The applications are still on rise and are diversifying to several industry verticals. Although, lack of skilled workforce is likely to impact the growth of the market.
The rise in number of applications in smart devices, advances in IT infrastructure, and enhanced customer services are the major drivers of artificial intelligence market. The market is segmented by technologies, verticals, and regions. Some of the vendors present in the market of Artificial Intelligence are Microsoft, IBM, NVIDIA, Google, Intel, Inbenta Technologies, General Vision and Numenta.
The study covers and analyses the “Artificial Intelligence” market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiative, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.
1 Industry Outlook
1.1 Industry Overview
1.2 Industry Trends
1.3 PESTEL Analysis
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 SAM as a Segment of TAM
3.4 Related Markets
4 Market Outlook
4.4 Porter 5 (Five) Forces
5 Market Characteristics
5.1 Market Trends
5.2 Value Chain
5.3 Market Dynamics
5.4 DRO – Impact Analysis
5.5 Key Stakeholders
6 Technology: Market Size and Analysis
6.2 Machine learning
6.3 Natural language processing
6.4 Speech recognition
6.5 Image processing
7 Verticals: Market Size and Analysis
7.3 IT & Telecom
8 Regions: Market Size & Analysis
8.4 Asia Pacific
9 Competitive Analysis
Includes other major vendors
10 Vendor Profiles*
Includes other major vendors
11 Companies to Watch for #
12 Expert’s Views
* Vendor profiles will include: overview, business units, geographical revenue, recent developments, business focus, SWOT, and business strategy
# Companies to watch for will include small private players present in the market
Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
- Data Collation (Primary & Secondary)
- In-house Estimation (Based on proprietary data bases and Models)
- Market Triangulation
Market related information is congregated from both primary and secondary sources.
Primary sources involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.
Secondary sources include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.