Oct 18, 2019 (Heraldkeepers) -- New York, October 18, 2019: The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include IBM Corp /zigman2/quotes/203856914/composite IBM +0.67% , MicrosoftCorporation /zigman2/quotes/207732364/composite MSFT +0.78% MicroStrategy /zigman2/quotes/202561856/composite MSTR -0.79% Google Inc., IPsoft, Rocket Fuel Inc., Qlik Technologies Inc., Inc., Brighterion, Inc., 24/7 Customer, Inc., and Next IT Corp. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Artificial Intelligence Market is expected to exceed more than US$ 191 Billion by 2024 at a CAGR of 37% in the given forecast period.
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The scope of the report includes a detailed study of Artificial Intelligence Market with the reasons given for variations in the growth of the industry in certain regions.
This report provides:
1) An overview of the global market for Artificial Intelligence Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Artificial Intelligence Market
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The Artificial Intelligence Market is segmented on the Basis of Technology Type, End-User Type and Regional Analysis. By Technology Type this market is segmented on the basis of Machine learning, Natural language processing, Image processing and Speech recognition. By End-User Type this market is segmented on the basis of Media & advertising, BFSI, IT & telecom, Retail, Healthcare, Automotive & transportation and Others. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The developments of a lot of human-like robots and increase within their preparation rate in the developing regions have had a considerable impact on the overall computing (AI) market. Improved productivity, distributed application areas, increased client satisfaction, and large information integration drive the factitious intelligence market. However, lack of consummate work force and threat to human dignity threats may restrain the market growth. nevertheless, the impact of those factors is anticipated to be minimal due to the introduction of newer technologies.
The major driving factors of Artificial Intelligence Market are as follows:
Growth in huge information
Growth in Adoption of Cloud-Based Applications and Services
Increase in Demand for Intelligent Virtual Assistants
The major restraining factors of Artificial Intelligence Market are as follows:
Restricted variety of AI specialists
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