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Global Artificial Intelligence (AI) Market examined in new market research report

Industrial Market Research

Global Artificial Intelligence Market by Solution (Hardware, Software, Services), Technology (Deep Learning, Machine Learning, Natural Language Processing, Machine Vision, and ASI & AGI), by End-Use (Healthcare, BFSI, Law, Retail, Automotive & Transportation, Agriculture, Manufacturing, Media & Entertainment, and Others), and by Geography - Opportunities & Forecast 2018-2025

The global artificial intelligence market Make an Inquiry about this news was USD 6.2 billion in 2017, and is expected to reach USD 153.4 billion by 2025, growing at a CAGR of 49.6% during 2018–2025.

Figure 1: Global AI Market Revenue, 2018–2025 (USD Billion)

Source: GMI Research

Factors such as increase in adoption of artificial intelligence solutions across a broad range of industries, rise in demand for analysing and interpreting large amount of data as well as development and acceptance of technologically advanced artificial intelligence solutions for upgrading consumer services. The above stated reasons are likely to positively impact the market in the coming years.

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Deep learning is expected to dominate the AI market during the forecast period
Deep learning segment captured the largest share in artificial intelligence market globally due to it’s increased usage across various industries, such as BFSI, automotive as well as media & advertising.