Global Artificial Intelligence (AI) Market Expected to Reach USD 14.2 Billion by the end of 2023
Artificial Intelligence (AI) is a combination of software, logic, and computer, robots that are made to work or perform like the humans but faster, more thinking, and learning.
AI is especially where they can think more the smart human, it like machine and software coming together and achieve the goal for the organization as per requirement and where a human cannot perform. In today's digital world Artificial Intelligences is most trending and demanding technology.
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According to research report, the market of artificial intelligence (AI) is projected to register a CAGR of 17.2% and expected to reach USD 14.2 billion by the end of 2023.
AI is mostly to reduce human and it has succeed in most of sector, it mostly in banking, defense & security, Healthcare, Retail, Transport and Vehicles, Gaming Industry, Research and Development, Autonomous Guided Vehicles (AGV).
Smartphone Industry is the highly driven by the Artificial Intelligence, the trending example was "Go Pokemon" and much other application. Latest was the iPhone Event where it was said that “AI is heart iPhone".
Healthcare with AI, it has changed the structure of healthcare sectors, AI can guide the doctor to select the best treatment for the patient as per his health and improvements, best surgery equipment, and office job such as receptions, accounts so that nurse and other staff can focus on their main work.
AGV and Transport sector, AI has also redesigned this sector, AGV is robots that use transports delivery good or moving package from one place to another in organization mostly in logic industries or big warehouse. Transportation mini truck or cars are useful for transporting the goods from one place to another, without drivers is also growing, the best example is Uber recently launch the self-driving cars
AI in Retail, it was game changers for retail industries with lot developments, the benefit was great user experiences, tracking and analyzing the data, understand human perception and behaviors, finally chatbots they were trendsetter.
Banking, Financial Services & Insurance (BFSI) the one sector much affected by AI, due to its application and service such fraud detection, recommendation to users, chatbots, to secure data.
The report complete detail analysis and research for “Artificial Intelligence (AI) ". The report showcases various factors such Telecom Services technical environment evaluation, including Telecom Services technology, Major Trends, Market Drivers, Challenges, Standing Market Applications, Regulatory Landscape, Standardization, Opportunities, Future Roadmaps, Value Addition, Ecosystem Player Profiles, and Strategy.
The report also provides market size forecasts from 2017 till 2024.
The region cover into report are,
- North America (U.S., Canada)
- Latin America (Argentina, Mexico, Brazil and Rest of Latin America)
- Europe (Germany, Italy, Spain, France, the U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) Analysis}
- Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific)
- Middle East and North Africa (MENA)
The major players of the global artificial intelligence market which includes profiling of companies of IBM Corporation, Microsoft, Google, Apple, Intel, Amazon, Anki, AI Brain, Iris AI.
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