Global
Artificial
Intelligence (AI) Products Market is expected to grow at a
significant CAGR in the upcoming years as the scope and its applications are
rising enormously across the globe. Artificial intelligence (AI) is termed as a
technology that allows computers to perform tasks usually associated with human
intelligence. The tasks include self-correction, learning, and reasoning.
Machine vision, expert systems, and speech recognition are the particular
applications.
Artificial
Intelligence Products industry product types, applications, and region. Product
types such as Cloud Hardware, Computer/GPU Chip Hardware, and others classify
Artificial Intelligence Products Market. Applications into Automotive &
Transportation, Media & Advertising, BFSI, Healthcare, Retail,
Manufacturing, Agriculture, and others classify the industry. The media &
advertising healthcare segment accounted for the largest market share of
Artificial Intelligence Products Industry and is estimated to lead the overall
market in the years to come. Retail and BFSI follow suit. Artificial
Intelligence Products Industry is segmented geographically into Americas (North
America, Latin America), Europe (Eastern Europe, Western Europe), Asia Pacific,
Latin America, Middle East and Africa.
Globally,
North America accounts for the largest market share of Artificial Intelligence
Products Industry in terms of revenue and is estimated to lead the overall
market in the years to come. The reason being, government initiative and funding,
use of enhanced technical adoption base, and the presence of key manufacturers
in the region. Europe and the Asia Pacific follow suit. On the other hand, Asia
Pacific is estimated to grow at fastest pace in the years to come. The
developing regions like China and India are the major consumers of Artificial
Intelligence Products Market in this region. The reason being, rising use of
enhanced technology.
The
key players of Artificial Intelligence Products Market are Fingenius Ltd., Open
AI, Rocket Fuel Inc., IBM, Google, NEC, Ipsoft, Nuance’s, and Microsoft Corp.
These players are concentrating on inorganic growth to sustain themselves
amongst fierce competition. As such, mergers, acquisitions, and joint ventures
are the need of the hour.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Artificial Intelligence Products in these
regions, from 2013 to 2025 (forecast), covering
•
United States
•
EU
•
China
•
Japan
•
South Korea
•
Taiwan
Global Artificial Intelligence Products
market competition by top manufacturers, with production, price, revenue
(value) and market share for each manufacturer; the top players including
•
Open AI
•
IBM
•
NEC
•
Nuance's
•
Google
•
Microsoft Corp
•
Ipsoft
•
Google
•
Rocket Fuel Inc
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