Global Artificial Intelligence (AI) Industry

LONDON, July 24, 2018 — (PRNewswire) — This report analyzes the worldwide markets for Artificial Intelligence (AI) in US$ Million.

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The Global market is further analyzed by the following Technologies and End-Use Sectors: Technologies -Robotics, Deep Learning, Digital Personal Assistant, Context-Aware Processing, and Others; End-Use Sectors - BFSI, Manufacturing, Media & Advertising, Retail, Automotive, Healthcare, and Others. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World.

Annual estimates and forecasts are provided for the period 2015 through 2024. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs.

The report profiles 153 companies including many key and niche players such as:
- AIBrain, Inc.
- Amazon Web Services
- Baidu, Inc.
- Cisco Systems, Inc.
- CloudMinds
- eGain Corporation

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Artificial Intelligence (AI): Allowing Machines to Perform Human-like Tasks, Automate Processes, Improve Productivity and Enhance User Experience
Digitization of Business, Industrial & Consumer Processes and Expanding Use Cases to Propel AI Revenues Worldwide
Inherent Advantages of AI Technology to Accelerate Adoption in Varied Applications
Data Deluge from Digital Devices: AI Emerges as a Solution to Manage, Analyze and Gain Insights from Data
Table 1: Global Annual Digital Information Creation (In Zettabytes/Per Year) by Type as of the Years 2016, 2018 and 2022 (includes corresponding Graph/Chart)
Constant Advancements in Computing Power: An Essential Factor for Commercialization of AI Applications
AI-based Software Segment Captures Major Share of Global AI Market
Table 2: Global Cognitive and AI Technology Market by Component (2018E): Percentage Breakdown of Spending for Hardware, Services and Software (includes corresponding Graph/Chart)
Developed Markets Dominate AI Market, Asia-Pacific to Spearhead Future Growth
Countries Adopt Strategic Plans to Promote AI
Automotive and Healthcare: Promising End-Use Markets for Artificial Intelligence
Deep Learning and Digital Assistant Technologies Present Significant Growth Potential
Challenges Restraining AI Adoption
Investors Flock to Fund AI Startups: An Indication to the High Potential of AI Technology
Table 3: Funding in Artificial Intelligence (AI) Market - AI Funding in $ Billion and Number of AI Deals for the Years 2012 through 2016 (includes corresponding Graph/Chart)
Table 4: Global Funding in Artificial Intelligence - Percentage Breakdown of Number of Deals by Funding Round for 2016 (includes corresponding Graph/Chart)
Table 5: Top Funding Rounds in AI Startups for the Year 2
(includes corresponding Graph/Chart)
Table 6: Number of Active Investors in AI Space for 2
(includes corresponding Graph/Chart)
Use of AI Algorithms among Unicorns across Industries
AI Research Continues to Attract Investment


Rising Significance of Internet of Things (IoT) for AI
Table 7: Global IoT Big Data in Zettabytes for the Years 2015, 2018 and 2020 (includes corresponding Graph/Chart)
Table 8: Global Number of Connected Devices in Million by Type for the Years 2016, 2018 and 2022 (includes corresponding Graph/Chart)
Convergence of AI and IoT: Creating Intelligent and Smart Things
Artificial Intelligence Vital for IoT
Shift to Adaptive Technology
Funding to AI in IoT/IIoT
Table 9: Funding Value in $ Million and Number of Deals for IoT and IIoT Startups Using AI for the Years 2012 through 2016 (includes corresponding Graph/Chart)
Promising Early Stage AI Companies in IoT and IIoT Sector
AI as a Service Market: Obviating the Need to Make Huge Initial Investments
Increasing Adoption of AI Technology to Boost AI Chipsets Market
Combination of Robotics and AI Set to Cause Significant Disruption in Various Industries
AI Set to Transform Service Robotics Market
Industrial Robots Evolve as Thinkers with Advancements in AI
Catalysts for Innovations in Artificial Intelligence Market
The Use of Unsupervised Learning Models
Advent of Small Data
Deep Reasoning
Improved Hardware and Efficient Algorithms
A Review of Major Technology Trends in the Artificial Intelligence Market
Deep Learning to Understand Functioning of Neural Networks
Deep Reinforcement Learning to Resolve Business Problems
Augmented and Lean Data Learning to Mitigate Labeled Data Issue
Generative Adversarial Network to Enable Learning and Lower Processing Load
Hybrid Learning for Modeling Uncertainty
Probabilistic Programming Languages for Model Development
Automated Machine Learning (AutoML) for Model Creation
Explainable AI to Understand Machine Learning Algorithms
Digital Twins for Nonphysical Objects or Processes
Notable Trends in the Artificial Intelligence Market
Launch of Autonomous Vehicles
Rising Significance of AI for Content Creation
Increasing Integration of Robotics into Everyday Life
Growing Significance of Capsule Networks
Broader Adoption across Enterprises
Facial Recognition Gains Traction
Growing Power of Personal Assistants
Popularity of Voice-based Assistants
Trend towards Decentralized AI
Logistics to Attain High Efficiency
Rising Focus on Narrow AI
Peer-to-Peer Networks for Higher Transparency
Transition towards Automated Machine Learning
Increasing Adoption of Cloud for Machine Learning
Growing Significance of CNNs
Embedded Deep Learning: Focus of Software Development Efforts
AI Market to Shift towards Open Data Sources
Machine Learning as a Service to Gain Prominence
Rising Significance of Robotics Process Automation (RPA)
Emergence of Intelligent AI-Integrated Apps in Enterprises
AI Developments to Enable Emotional Understanding
Interesting and Novel Uses of Artificial Intelligence in 2017
Smart Speakers
iPhone X
Leka Smart Toy
NASA Uses Machine Learning
Big Data Trends to Shape Future of Artificial Intelligence
Business Intelligence
Real-Time Targeting
Edge Computing
Efficient Document Management
Blockchain Technology
Intelligent Networks Essential for Enabling Connectivity
Impact of AI on the Job Market - Despite Concerns Many Positives Exist


Aviation Industry: A Nascent End-Use with Tremendous Untapped Potential for AI Technology
Air Transport Industry Taps AI for Efficient Baggage Handling
Table 10: Factors Attributed to Passenger Baggage Delays in Air Travel: Percentage Breakdown of Delayed Bags by Type of Reason (includes corresponding Graph/Chart)
AI-Enabled Advanced Electronic Warfare Systems Help Airborne Platforms to Counter Threats from Adaptive Radars
Intelligent Drones and AI Technology to Provide Actionable Intelligence and Insights
Table 11: Military the Largest End-User of UAVs: % Breakdown of Global Production of UAVs for the Cumulative Period 2013-2027 by Application Area (includes corresponding Graph/Chart)
AI in Media & Advertising: Targeting Customers with Right Marketing Content
Funding for AI in Advertising & Marketing
Table 12: Funding Value in $ Million and Number of Deals for Advertising and Marketing Startups Using AI for the Years 2012 through 2016 (includes corresponding Graph/Chart)
Promising Early Stage AI Companies in Advertising and Marketing Sector
Possibilities Galore for AI in Digital Marketing
Marketing Functions Where AI is Yet Impossible to Deploy
AI-Enabled CRM Market: Promising Growth Opportunities in Store
Artificial Intelligence to Transform Delivery of Healthcare Services
Healthcare AI Market to Experience Remarkable Expansion
AI to Improve Basic Healthcare Services
AI Potential in Improving Utilization of Resources
Growing Focus on Patient Care and Management
R&D Efforts to Promote Use AI in Healthcare
Robot-Assisted Surgery and Virtual Nursing Assistants: Major Applications in Healthcare AI Market
Table 13: Global Healthcare AI Market - Percentage Breakdown of Projected Value Potential by Application for 2

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