Artificial Intelligence Market Size, Share, Top Companies, New Technologies, Demand and Forecast 2022-2027 – FortBendNow

According to the latest report of the IMARC group, entitled “Artificial Intelligence Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027‘, the global artificial intelligence market reached a value of US$56.5 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$308.5 billion. by 2027, with a CAGR of 31.9% during the period 2022-2027.

We regularly monitor the direct effect of COVID-19[female[feminine in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Artificial intelligence (AI) is a computer division that reproduces human intelligence in machines. AI-embedded machines are capable of speech recognition, learning, decision-making and problem-solving applications. The hardware components of AI are various chipsets, such as graphics processing unit (GPU), central processing unit (CPU), application-specific integrated circuits (ASICs), and programmable gate array in the field (FPGA). Software components are core technologies that include natural language processing (NLP), deep learning, machine learning (ML), augmented and virtual reality (AR/VR).

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Market trends

The booming IT industry, along with rapid digitalization in several industries, is mainly driving the artificial intelligence market. The growing adoption of cloud-based solutions has propelled the demand for AI-integrated systems. Additionally, the rapid shift to AI-integrated systems to analyze data and extract insights to improve operational efficiency and customer experience is also driving the market. Moreover, the introduction of 5G technology, coupled with the increasing penetration of virtual assistants, has supported the growth of the market. Many social media and e-commerce platforms use AI-based algorithms in their apps to improve customer engagement. Additionally, the development of AI-powered industrial and surgical robots is further expected to drive the artificial intelligence market.

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List of key companies covered in this market report:

Amazon Web Services Inc.
Apple Inc.
Baidu
Cisco Systems Inc.
facebook inc.
General electricity company
Google LLC (Alphabet Inc.)
International Business Machinery
intel company
Micron Technology Inc.
Microsoft Corporation
Nvidia Corporation
Oracle Corporation
Rockwell Automation Inc.
Samsung Electronics Co.Ltd.
SAP SE
Siemens AG

Breakdown by type:

Narrow/weak artificial intelligence
General/strong artificial intelligence

Break by offer:

Equipment
Software
Services

Breakdown by technology:

machine learning
natural language processing
Contextual Computing
computer vision
Others

Breakdown by system:

Intelligence systems
Decision Support Processing
Hybrid systems
Fuzzy systems

Breakdown by end-use industry:

Health care
Manufacturing
Automotive
Agriculture
Retail
Security
Human ressources
Marketing
Financial services
Transport and logistics
Others

Geographical distribution :

North America (USA and Canada)
Europe (Germany, UK, France, Italy, Spain, Russia and others)
Asia-Pacific (China, India, Japan, South Korea, Indonesia, Australia and others)
Latin America (Brazil, Mexico)
Middle East and Africa

Main highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Porter’s Five Forces Analysis
Market drivers and success factors
SWOT analysis
Value chain
Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we can provide it to you as part of the customization.

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About Us

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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