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Increasing Demand for Artificial Intelligence Market Anticipated to Grow at CAGR +45% During the Forecast 2017-2022, Focusing on Top Key Players Google, IBM, Microsoft

Artificial intelligence and the science of robotics can be put to use in mining and other fuel exploration processes. Not only that, these complex machines can be used for exploring the ocean floor and hence overcoming the human limitations. Due to the programming of the robots, they can perform more laborious and hard work with greater responsibility. Moreover, they do not wear out easily.

 

Pune, India -- (SBWIRE) -- 03/08/2018 -- The Artificial Intelligence Market to Grow steadily at a CAGR of +45% during the forecast period.

The developments of more human-like robots and increase in their deployment rate in the developing regions have had a substantial effect on the overall artificial intelligence (AI) market. Improved productivity, diversified application areas, increased customer satisfaction, and big data integration drive the artificial intelligence market. However, lack of skilled workforce and threat to human dignity & other threats could restrain the market growth. Nevertheless, the impact of these factors is anticipated to be minimal due to the introduction of newer technologies.

The report presents a comprehensive study of the Global Artificial Intelligence Market by assessing the growth drivers and restraining factors at length. This detailed study of important factors assists the market participants in understanding the issues they will be facing while functioning in this market over a long period of time. Other important information, such as manufacturing capacity and volume, pricing of products, and dynamics of demand, supply, and sales, and the revenue, have also been examined thoroughly in this research report.

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Companies Profiled in this report includes, Google, IBM Corporation, Microsoft Corporation, Nvidia Corporation, Intel Corporation, General Vision Inc., Numenta, Sentient Technologies Holdings Ltd., Fingenius Limited, Inbenta Technologies, Inc.

The two major factors enabling market growth are emerging AI technologies and growth in big data espousal. The growing prominence of artificial intelligence is enabling new players to venture into the market by offering niche application-specific solutions. Furthermore, companies are also engaging in industry consolidations in a bid to gain competitive advantages.

AI has the potential to reduce the burden on clinicians and provide an efficient tool to workforces for accomplishing their tasks in a better way. For instance, AI voice-enabled symptom checkers can better access a situation and assist patients to the emergency department when immediate treatment is required. AI is expected to resolve around 20% of unmet healthcare demands.

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The report starts with an overview of the existing market, presents an exhaustive analysis of various dynamics such as drivers, trends, restraints, and opportunities. It also provides valuation and prospects of various segments, and finishes off with a view of the competitive landscape by profiling a number of players who are currently holding a position of strength in the global Artificial Intelligence market.

The global Artificial Intelligence market is fragmented with the presence of many international and regional players. Competition in this market is intense and is further anticipated to escalate in the years to come. A competitive analysis of the global market has also been provided in this research report. In order to identify the existing hierarchy in this market, analysts have reviewed the profiles of the key market participants, using several analytical tools, such as SWOT analysis.

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Table of Contents

Global Artificial Intelligence Market Research Report 2017

Chapter 1 Global Artificial Intelligence 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 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 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
Chapter 12 Global Market Forecast