Artificial Intelligence (AI) Market
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A Artificial Intelligence (AI) Market is a information technology market whose market transactions associated with the delivery of AI systems.
- Context:
- It can (typically) include a AI Services Market, a AI Software Market, and a AI Hardware Market.
- It can include a Machine Learning Market, a Image Recognition Market, a NLP Market, ...
- …
- Example(s):
- a Global AI Market.
- a Regional AI Market, such as a U.S. AI Market.
- …
- Counter-Example(s):
- See: Economic Forecasting.
References
2021
- https://prnewswire.com/news-releases/ai-to-replace-50-percent-low-skilled-jobs-in-5-7-years-says-beroe-inc-301267490.html
- QUOTE: ... One-fifth of the workers will rely on AI by 2022. By 2030, robots will be the preferred workforce for more than three million jobs globally. The global AI market size is valued at $52.8 billion in 2020, which is expected to grow between 2019 and 2022 at a CAGR of close to 45.7 percent. The estimated growth will be $112.2 billion by 2022. Machine learning, image recognition, predictive analysis, and natural language processing will be the prevalent technologies in this market ...
... The European artificial intelligence market growth has been forecasted at a CAGR of 42-45 percent from 2019 to 2022. The segment of machine learning is a significant contributor to the revenue share of the artificial intelligence market in Europe. It will also be dominant until 2022. The CAGR is expected at 40 percent in terms of growth. Germany contributes to the majority of revenue in the AI market of Europe. ...
- QUOTE: ... One-fifth of the workers will rely on AI by 2022. By 2030, robots will be the preferred workforce for more than three million jobs globally. The global AI market size is valued at $52.8 billion in 2020, which is expected to grow between 2019 and 2022 at a CAGR of close to 45.7 percent. The estimated growth will be $112.2 billion by 2022. Machine learning, image recognition, predictive analysis, and natural language processing will be the prevalent technologies in this market ...
2020
- https://grandviewresearch.com/industry-analysis/artificial-intelligence-ai-market
- QUOTE: ... The global artificial intelligence market size was valued at USD 39.9 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 42.2% from 2020 to 2027. The continuous research and innovation directed by the tech giants are driving the adoption of advanced technologies in industry verticals, such as automotive, healthcare, retail, finance, and manufacturing. However, technology has always been an essential element for these industries, but AI has brought technology at the center of the organizations. For instance, from self-driving vehicles to crucial life-saving medical gear, AI is being infused virtually to every apparatus and program. AI is proven to be the significant revolutionary element of the upcoming digital era. Tech giants like Amazon.com, Inc.; Google LLC; Apple Inc.; Facebook; International Business Machines Corporation; and Microsoft are investing significantly in the research and development of AI. These companies are working for making AI more accessible for enterprise use-cases. ...
- QUOTE: ... The global artificial intelligence market size was valued at USD 39.9 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 42.2% from 2020 to 2027. The continuous research and innovation directed by the tech giants are driving the adoption of advanced technologies in industry verticals, such as automotive, healthcare, retail, finance, and manufacturing. However, technology has always been an essential element for these industries, but AI has brought technology at the center of the organizations. For instance, from self-driving vehicles to crucial life-saving medical gear, AI is being infused virtually to every apparatus and program. AI is proven to be the significant revolutionary element of the upcoming digital era. Tech giants like Amazon.com, Inc.; Google LLC; Apple Inc.; Facebook; International Business Machines Corporation; and Microsoft are investing significantly in the research and development of AI. These companies are working for making AI more accessible for enterprise use-cases. ...