Houston, TX -- (SBWIRE) -- 03/09/2018 -- The artificial intelligence market is expected to reach USD 190.61 Billion by 2025 from USD 21.46 Billion in 2018, at a CAGR of 36.62% during the forecast period. Software is expected to hold the largest share of the artificial intelligence market. Continuous developments have been witnessed in AI software and related software development kits. Also, artificial intelligence software is used in various applications, such as virtual assistants, marketing, search advertising, identity access management, intruder detection, and cyber security.

In terms of geography, the Americas accounted for the majority of the market share during 2016. According to this market research and analysis, this region will continue its dominance during the forecast period as well, which will mainly attribute to the high investment capabilities of the entertainment, healthcare, and manufacturing companies in the region.

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Some of the most prominent Key Vendors:
Google Inc., IBM Corporation, Microsoft Corporation, Nvidia Corporation, Intel Corporation, General Vision, Inc., Numenta, Inc., Sentient Technologies Holdings Ltd., Fingenius Limited, Inbenta Technologies, Inc.

Rapid improvements in fast information storage capacity, high computing power, and parallelization have contributed to the swift uptake of the robotics and artificial intelligence technology in end-use industries such as automotive and healthcare. Further, the need for understanding and analyzing visual contents, for gaining meaningful insights, is expected to provide traction to the industry over the forecast period.

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Artificial Intelligence is gaining prominence due to its complex, data-driven applications such as voice and image recognition. It offers a great investment opportunity, as it can be leveraged over other technologies to overcome the challenges of high data volumes, high computing power, and improvement in data storage.

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The deep learning & machine learning would cover the major investment area in AI throughout the forecast period. It includes both cognitive applications (i.e. machine learning, searching, tagging, text and rich media analytics, filtering, categorization, clustering, hypothesis generation, question answering, visualization, alerting, and navigation) and AI platforms, which facilitate the development of intelligent, advisory, and cognitively enabled solutions.

Growing deployment of cloud-based computing platforms and on-premises hardware equipment for the safe and secure restoration of the large volume of data have paved the way for the expansion of the analytics platform. The rising investments in research and development carried out by the major leading players for further product developments also plays a crucial role.

Table Of Content:
Chapter 1 The Global Aircraft and Defense Cyber Security Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis