The 2021 Artificial Intelligence (AI) and Machine Learning (ML) Market: An Analysis of Key Players and Trends, 2020-2029.
Posted by: admin 2021-05-14 0
The 2021 Artificial Intelligence (AI) and Machine Learning (ML) Market: An Analysis of Key Players and Trends, 2020-2029. https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-market-214385495.html This report analyzes the artificial intelligence (AI) and machine learning (ML) market for the period of 2020 to 2029. The artificial intelligence (AI) and machine learning (ML) market was valued at USD 125.33 billion in 2018 and is projected to reach USD 277.21 billion by 2029, registering a CAGR of 20.9% from 2019 to 2029. The primary factors driving the growth of the artificial intelligence (AI) and machine learning (ML) market are the growing digitalization, growing adoption of image processing, and increasing need for data security. The global artificial intelligence (AI) and machine learning (ML) market is segmented on the basis of product and application. On the basis of product, the market is further segmented into hardware, software, and services. On the basis of application, the market is segmented into sales & marketing, healthcare, safety & security, manufacturing, and others. Browse full report with table of contents @ https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-market-214385495.html The commercial deployment and use of artificial intelligence (AI) and machine learning (ML) are the primary factors driving the growth of the artificial intelligence (AI) and machine learning (ML) market. The products such as artificial neural networks, deep learning, GANs, and reinforcement learning are the primary products used for the development of artificial intelligence (AI) and machine learning (ML) systems. The increasing demand for AI and ML systems for various applications such as virtual assistants, automated vehicles, Internet of Things (IoT), and smart cities is a major factor driving the growth of the artificial intelligence (AI) and machine learning (ML) market. The increasing need for data security, growing adoption of image processing, and growing demand for data analytics in the oil and gas industry are the other key factors driving the growth of the artificial intelligence (AI) and machine learning (ML) market. The increasing need for data security has led to the growth of the security software market. The increasing adoption of image processing is a major factor driving the growth of the artificial intelligence (AI) and machine learning (ML) market. The growing need for autonomous vehicles has led to the growth of the autonomous vehicle market. Increasing demand for data analytics and the need for data security have led to the growth of the data analytics market. The growth of the IoT market is a major factor driving the growth of the artificial intelligence (AI) and machine learning (ML) market. The growing demand for smart transportation and the need for better safety and security are the major factors driving the growth of the artificial intelligence and machine learning in transportation market. The increasing need for data-driven decision making and the growing popularity of smart cities are the major factors driving the growth of the artificial intelligence and machine learning in smart cities market. Read more reports @ https://www.marketsandmarkets.com/Market-Reports/energy-and-power-market-1148.html The growing demand for smart transportation is a major factor driving the growth of the artificial intelligence and machine learning in transportation market. The growing demand for smart transportation is a major factor driving the growth of the artificial intelligence and machine learning in smart cities market. The increasing adoption of IoT, smart cities, and smart transportation are the major factors driving the growth of the artificial intelligence and machine learning in transportation market. The major challenges and threats facing the artificial intelligence (AI) and machine learning (ML) market are the growing need for data security and the increasing adoption of artificial intelligence (AI) and machine learning (ML) by various end-users. The major strengths and opportunities for the market are the growing demand for data-driven decision making and the increasing adoption of smart transportation systems. The major factors limiting the growth of the artificial intelligence and machine learning market are the limited demand for data analytics and the increasing need for data security. 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MarketsandMarkets™ and its logo are trademarks of Research and Markets, LLC. Research Corridor and Research and Markets are part of the Fact.MR Group. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. 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Article Intro: Artificial Intelligence (AI) and Machine Learning Market Analysis, Market Size, Status, Growth Opportunity and Forecast 2020-2028
Posted by: admin 2021-05-14 0
Artificial Intelligence (AI) and Machine Learning Market Analysis, Market Size, Status, Growth Opportunity and Forecast 2020-2028 Artificial Intelligence (AI) and Machine Learning Market Analysis, Market Size, Status, Growth Opportunity and Forecast 2020-2028. Request Sample Report @ https://www.reportsanddata.com/sample-enquiry-form/2994 Artificial Intelligence (AI) and Machine Learning Market trends and growth opportunities: – The global artificial intelligence (AI) and machine learning (ML) market is growing at a CAGR of 21.5% during 2020-2025. The factors that are driving the growth of the market are the rising demand for AI and ML in various industries. For example, the growing demand for AI and ML in the automotive, healthcare, financial services, retail, and other industries is driving the market growth. – In addition, the growing need for AI and ML in the healthcare industry is expected to drive the market growth during the forecast period. – The emergence of the industrial 5G network is a major factor driving the market growth. – The rising use of artificial intelligence and machine learning in healthcare applications is expected to drive the market growth. – The need for increased accuracy in healthcare is a major factor driving the market growth during the forecast period. – The public health insurance program in the U.S. is likely to be the major factor driving the market growth. – The increasing adoption of AI and machine learning in the oil and gas industry is a major factor driving the market growth. Market segments: – By Component – Hardware – Software – Services – By Deployment Mode – Public Cloud – Private Cloud – By Application – Sales & Marketing – Healthcare – Manufacturing – Logistics – Retail – Others – By End-User – Banking & Financial Services – Automotive – Telecom & IT – Retail – Manufacturing – Healthcare – Public Sector – Others – By Region – North America – Europe – Asia Pacific – Rest of the World – Key players in the market: – Amazon Web Services (AWS) – Microsoft – Google – IBM – Oracle –
AI Gates, Google and Microsoft team up to develop AI-driven autonomous vehicles
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