Abstract: Global Artificial Intelligence (AI) Market to Reach US$291. 5 Billion by the Year 2026 . Artificial Intelligence (AI) is emerging as one of the promising technologies, against the backdrop of fast paced digitalization and rapidly evolving technology landscape globally.
New York, Oct. 27, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Artificial Intelligence (AI) Industry” – https://www.reportlinker.com/p05478480/?utm_source=GNW AI technology is associated with making machines and related processes intelligent through the use of advanced computer programming solutions. The AI technology market is poised to grow at a robust pace driven by its increasing adoption in an expanding range of applications in varied industries. The growing need to analyze and interpret burgeoning volumes of data and the escalating demand for advanced AI solutions to improve customer services are expected to fuel growth in the AI market. With significant improvements being seen in data storage capacity, computing power and parallel processing capabilities, the adoption of AI technology in various end-use sectors is on the rise. The rising adoption of cloud-based services and applications, rapid growth of big data, and the increasing need for intelligent virtual assistants are also contributing to the rapid growth of AI market. The advent of face, image, and voice recognition technologies is further favoring growth in the global market.
Amid the COVID-19 crisis, the global market for Artificial Intelligence (AI) estimated at US$47.1 Billion in the year 2020, is projected to reach a revised size of US$291.5 Billion by 2026, growing at a CAGR of 34.3% over the analysis period. Services, one of the segments analyzed in the report, is projected to grow at a 34.1% CAGR to reach US$154.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 31.7% CAGR for the next 7-year period. This segment currently accounts for a 37.9% share of the global Artificial Intelligence (AI) market. The increasing penetration of chatbots or virtual assistants for providing customer assistance in various end-use industries including e-commerce and banking is expected to further enhance demand for AI-based software and systems.
The U.S. Market is Estimated at $28.9 Billion in 2021, While China is Forecast to Reach $53.6 Billion by 2026
The Artificial Intelligence (AI) market in the U.S. is estimated at US$28.9 Billion in the year 2021. The country currently accounts for a 41.4% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$53.6 Billion in the year 2026 trailing a CAGR of 40.9% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 28.8% and 30.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 32.5% CAGR while Rest of European market (as defined in the study) will reach US$70.9 Billion by the end of the analysis period. The dominant share of the US is mainly attributed to the widespread adoption of AI technology in several end-use industries including media, e-commerce and manufacturing. Increased funding for developing and advancing AI technology and applications, and a robust technical adoption base are also favoring growth. Europe, is the second largest regional AI market. Europe is expected to witness a significant increase in the deployments of cloud-based AI solutions, driven by the growing consumer demand for on-demand and faster access to data and relatively easy document control. Europe`s AI market is likely to benefit from the European Commission`s plans to invest €20 billion for AI research during the period 2018-2020 in order to fuel R&D initiatives for businesses and government. Growth in Asia-Pacific including China is propelled by the increasing adoption of natural language processing (NLP) and deep learning technologies in sectors such as marketing, finance, law, and agriculture. The market also benefits from the rapid pace of improvements being seen in computing power, data storage capacity and processing capabilities, which facilitate adoption of AI technology in sectors such as healthcare and automotive.
Hardware Segment to Reach $71.2 Billion by 2026
The constant decline in hardware costs is fueling growth in the hardware segment. By type of hardware, processor captures the largest share of the AI chipsets market, due mainly to the rising demand for high computing processors for running AI algorithms in servers and for the development of edge devices. In the global Hardware segment, USA, Canada, Japan, China and Europe will drive the 38.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$7.8 Billion in the year 2020 will reach a projected size of US$74.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$9.8 Billion by the year 2026. Select Competitors (Total 300 Featured)
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Accenture
AIBrain, Inc.
Amazon Web Services
Baidu, Inc.
BIGO Technology
ByteDance Ltd
Cisco Systems, Inc.
CloudMinds
Dell Technologies
eGain Corporation
Esri
Facebook, Inc.
General Electric Company
Google, Inc.
Habana Labs Ltd
Inspur
Intel Corporation
International Business Machines Corporation (IBM)
IPsoft Inc
Micron Technology, Inc.
Microsoft Corporation
Mobileye, an Intel Company
NetEase Fuxi Lab
NetEase, Inc
Next IT Corporation
NICE inContact
Nuance Communications, Inc.
NVIDIA Corporation
Omron Robotics and Safety Technologies, Inc
Oracle Corporation
Rockwell Automation, Inc.
Salesforce.com, inc.
Samsung Electronics Co., Ltd.
SAP SE
SAS Institute Inc.
Siemens AG
Smartron India Private Limited
The Hewlett-Packard Company
Trifo
Xilinx, Inc.
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW Impact of Covid-19 and a Looming Global Recession 2020: A Year of Disruption & Transformation As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021? EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022 Artificial Intelligence Gains Interest during COVID-19 Pandemic Artificial Intelligence Makes Significant Contribution in War against COVID-19 Machine Learning Benefits Healthcare Organizations AI-Powered Sentiment Analysis Scales & Shapes Vaccination Programs in US Industrial and Commercial Applications Take a Hit as COVID-19 Evolves Into an Economic Crisis EXHIBIT 2: Global PMI Index Points for the Years 2018, 2019 & 2020 EXHIBIT 3: Business Confidence Index (BCI) Points for 3Q 2019, 4Q 2019, 1Q 2020, & 2Q 2020 COVID-19-Led Budgetary Reticence Dampens Spending, but AI Enjoys Resilient Interest in Banking Sector Retailers Rely on AI during COVID-19 to Stay Afloat & Embrace New Normal Emphasis on Technology Adoption Elicits AI Implementation in Manufacturing Industry AI & Machine Learning to Redefine Manufacturing Operations Artificial Intelligence (AI): A Prelude Technologies Enabling AI Outlook Advances in Real World AI Applications Bolster Growth Inherent Advantages of AI Technology to Accelerate Adoption in Varied Applications Banking Sector Shows Unwavering Interest in AI AI Reshapes the Future of Manufacturing Industry AI-based Services Segment Captures Major Share of Global AI Market Developed Markets Dominate, Asia-Pacific to Spearhead Future Growth Deep Learning and Digital Assistant Technologies Present Significant Growth Potential Major Challenges Faced in AI Implementation Competition AI Marketplace Characterized by Intense Competition EXHIBIT 4: Global Artificial Intelligence Market by Leading Vendors for 2020 Growing Focus on AI by Leading Tech Companies with Huge Financial Resources Investments in AI Startups on Rise EXHIBIT 5: Global AI Startup Funding (in US$ Million) for the Years 2014 through Q12020 EXHIBIT 6: Number of AI Startups with $1 Billion Valuations for the Years 2014-2020 EXHIBIT 7: AI Cumulative Funding (in US$ Billion) by Category (As of 2020) AI Applications and Major Startups Select Companies Raising AI Investments in 2020 EXHIBIT 8: Total Number of Investments in AI by Investor Type: April 2021 World Brands Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS AI Breakthroughs with Significant Potential to Radically Transform Future Machine Learning and AI-Assisted Platforms to Personalize Customer Experiences in Marketing Applications EXHIBIT 9: Ranking of Business Outcomes Realized through AI Application in Marketing Ecommerce Attracts Strong Growth Detailed Insight into how e-commerce makes use of AI 3x Faster Acceleration in E-Commerce Induced by the Pandemic Brings Out Automated Fulfilment of E-Commerce Orders as a Major Growth Driver EXHIBIT 10: Global B2C e-Commerce Market Reset & Trajectory – Growth Outlook (In %) For Years 2019 through 2025 EXHIBIT 11: Retail M-Commerce Sales as % of Retail E-commerce Sales Worldwide for the Years 2016, 2018, 2020 & 2022 AI Hosting at Edge to Drive Growth EXHIBIT 12: Global Edge Computing Market in US$ Billion: 2020, 2024, and 2026 AI-enabled Analysis and Forecasts Aid Organizations Make Profitable Decisions AI-Powered Biometric Security Solutions Gain Momentum EXHIBIT 13: Global Biometrics Market in US$ Billion: 2016, 2020, and 2025 New and Improved Concepts in ML and AI take Stage IIoT & AI Convergence Brings in Improved Efficiencies EXHIBIT 14: Global Breakdown of Investments in Manufacturing IoT (in US$ Billion) for the Years 2016, 2018, 2020 and 2025 Increasing Adoption of AI Technology to Boost AI Chipsets Market Combination of Robotics and AI Set to Cause Significant Disruption in Various Industries AI in Customer-Centric Operations Gain Momentum AI Innovations Widen Prospects Blockchain & Artificial Intelligence (AI): A Powerful Combination Notable Trends in the Artificial Intelligence Market Big Data Trends to Shape Future of Artificial Intelligence AI Exudes Potential to Mitigate Adversities Amid COVID-19 AI in Retail Market: Multi-Channel Retailing and e-Commerce Favor Segment Growth AI for a Competitive Edge for Retail Organizations Online Retailers Eye on Artificial Intelligence to Boost Business in Post-COVID-19 Era AI & Analytics Help Retailers Survive Economic & Operational Implications of COVID-19 AI for Fashion Retail and Beauty AI for Grocery, Electronics, and Home & Furniture Financial Sector: AI and Machine Learning Offer Numerous Gains Fintech Deploys AI to Target Millennials AI in Media & Advertising: Targeting Customers with Right Marketing Content COVID-19 Impacts Advertising Industry, Affects AI Investments EXHIBIT 15: COVID-19 Impact on Global Ad Spending: March 2020 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 EXHIBIT 16: Global Healthcare AI Market – Percentage Breakdown by Application for 2020 EXHIBIT 17: Worldwide Current & Required Healthcare Spending as % of GDP AI in Medical Diagnostics and Pharmaceutical Sectors COVID-19 Spurs New Developments and Expedites AI Adoption in Healthcare Industry Developments Impacting AI in Healthcare Domain Artificial Intelligence Holds Potential to Accelerate Detection & Treatment of COVID-19 Detecting Personalized Therapeutic Targets Rising Prevalence of Diabetes to Drive AI Adoption in Diabetes Management Market EXHIBIT 18: World Diabetes Prevalence (2000-2045P) Barriers Restraining AI Adoption in Healthcare Sector Automotive AI Market: Need to Enhance Customer Experience and Increasing Focus on Autonomous Vehicles Propels Growth EXHIBIT 19: Automotive AI Market By Segment Slowdown in Automobile Production Hit AI Investments in Auto Sector EXHIBIT 20: Automobile Production % YoY Change Across Select Countries: 2020 Vs 2019 EXHIBIT 21: Reduction in Automotive Demand in 2020 (In Million Vehicles) EXHIBIT 22: World Automobile Production in Million Units: 2008 -2022 COVID-19 Outbreak to Speed up Digitalization & Automation in Automotive Sector Driverless Cars: The Ultimate Future of AI in Auto industry Automakers Focus on Integrating AI-Powered Driver Assist Features in Vehicles AI to Enhance Connectivity, Provide Infotainment and Enhance Safety in Vehicles AI for Smart Insurance Risk Assessment of Vehicles Artificial Intelligence Steps into Manufacturing Space to Transform Diverse Aspects Industrial IoT, Robotics and Big Data to Stimulate AI Implementations EXHIBIT 23: Global Investments on Industry 4.0 Technologies (in US$ Billion) for the Years 2017, 2020, & 2023 AI Moves from Factory Floor to Supply Chain and Beyond Machine Learning: Growing Role in Smart Manufacturing AI as a Service Market: Obviating the Need to Make Huge Initial Investments AI in Education Market to Exhibit Strong Growth EXHIBIT 24: Global Market for AI in Healthcare Sector (2019): Percentage Breakdown of Revenues by End-Use – Higher Education and K-12 Sectors Focus on ITS, IAL and Chatbots Favors Market Growth Agriculture Sector: A Promising Market for AI Implementations AI Technologies Used in Agricultural Activities – A Review AI Poised to Create Smarter Agriculture Practices in Post- COVID-19 Period Food & Beverage Industry to Leverage AI Capabilities to Resolve Production Issues and Match Up to Customer Expectations AI Adoption Gains Acceptance in Modern Warfare Systems in the Defense Sector Energy & Utilities: Complex Landscape and High Risk of Malfunctions Enhances Need for AI-based Systems COVID-19 Raises Demand for AI Technologies in Oil & Gas Sector AI in Construction Sector: Need for Cost Reduction and Safety at Construction Sites Drive Focus onto the Use of AI-based Solutions AI Contributing in Sustaining Critical Infrastructure Amid COVID-19
4. GLOBAL MARKET PERSPECTIVE Table 1: World Current & Future Analysis for Artificial Intelligence (AI) by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 2: World Historic Review for Artificial Intelligence (AI) by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 3: World 12-Year Perspective for Artificial Intelligence (AI) by Geographic Region – Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2015, 2021 & 2027
Table 4: World Current & Future Analysis for Services by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 5: World Historic Review for Services by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 6: World 12-Year Perspective for Services by Geographic Region – Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
Table 7: World Current & Future Analysis for Software by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 8: World Historic Review for Software by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 9: World 12-Year Perspective for Software by Geographic Region – Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
Table 10: World Current & Future Analysis for Hardware by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 11: World Historic Review for Hardware by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 12: World 12-Year Perspective for Hardware by Geographic Region – Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
Table 13: World Current & Future Analysis for Computer Vision by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 14: World Historic Review for Computer Vision by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 15: World 12-Year Perspective for Computer Vision by Geographic Region – Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
Table 16: World Current & Future Analysis for Machine Learning by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 17: World Historic Review for Machine Learning by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 18: World 12-Year Perspective for Machine Learning by Geographic Region – Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
Table 19: World Current & Future Analysis for Context Aware Computing by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 20: World Historic Review for Context Aware Computing by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 21: World 12-Year Perspective for Context Aware Computing by Geographic Region – Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
Table 22: World Current & Future Analysis for Natural Language Processing by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 23: World Historic Review for Natural Language Processing by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 24: World 12-Year Perspective for Natural Language Processing by Geographic Region – Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
Table 25: World Current & Future Analysis for Advertising & Media by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 26: World Historic Review for Advertising & Media by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 27: World 12-Year Perspective for Advertising & Media by Geographic Region – Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
Table 28: World Current & Future Analysis for BFSI by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 29: World Historic Review for BFSI by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 30: World 12-Year Perspective for BFSI by Geographic Region – Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
Table 31: World Current & Future Analysis for Healthcare by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 32: World Historic Review for Healthcare by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 33: World 12-Year Perspective for Healthcare by Geographic Region – Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
Table 34: World Current & Future Analysis for Retail by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 35: World Historic Review for Retail by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 36: World 12-Year Perspective for Retail by Geographic Region – Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
Table 37: World Current & Future Analysis for Automotive & Transportation by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 38: World Historic Review for Automotive & Transportation by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 39: World 12-Year Perspective for Automotive & Transportation by Geographic Region – Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
Table 40: World Current & Future Analysis for Manufacturing by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 41: World Historic Review for Manufacturing by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 42: World 12-Year Perspective for Manufacturing by Geographic Region – Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
Table 43: World Current & Future Analysis for Agriculture by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 44: World Historic Review for Agriculture by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 45: World 12-Year Perspective for Agriculture by Geographic Region – Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
Table 46: World Current & Future Analysis for Other End-Uses by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 47: World Historic Review for Other End-Uses by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 48: World 12-Year Perspective for Other End-Uses by Geographic Region – Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES Artificial Intelligence Market: An Overview Healthcare: A Promising Application Market for AI Technology Funding for AI Startups in the US Continues to Grow EXHIBIT 25: AI Funding in the US: VC Deal Value (in $ Billion) and Number of Deals in AI and ML Technologies for 2011 through Q1 2021 EXHIBIT 26: Leading Artificial Intelligence Startups by Total Equity Funding ($ Million) in the US From 2016 to 2021 Regulatory Support for AI Market Analytics Table 49: USA Current & Future Analysis for Artificial Intelligence (AI) by Component – Services, Software and Hardware – Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Table 50: USA Historic Review for Artificial Intelligence (AI) by Component – Services, Software and Hardware Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 51: USA 12-Year Perspective for Artificial Intelligence (AI) by Component – Percentage Breakdown of Value Revenues for Services, Software and Hardware for the Years 2015, 2021 & 2027
Table 52: USA Current & Future Analysis for Artificial Intelligence (AI) by Technology – Computer Vision, Machine Learning, Context Aware Computing and Natural Language Processing – Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Table 53: USA Historic Review for Artificial Intelligence (AI) by Technology – Computer Vision, Machine Learning, Context Aware Computing and Natural Language Processing Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 54: USA 12-Year Perspective for Artificial Intelligence (AI) by Technology – Percentage Breakdown of Value Revenues for Computer Vision, Machine Learning, Context Aware Computing and Natural Language Processing for the Years 2015, 2021 & 2027
Table 55: USA Current & Future Analysis for Artificial Intelligence (AI) by End-Use – Advertising & Media, BFSI, Healthcare, Retail, Automotive & Transportation, Manufacturing, Agriculture and Other End-Uses – Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Table 56: USA Historic Review for Artificial Intelligence (AI) by End-Use – Advertising & Media, BFSI, Healthcare, Retail, Automotive & Transportation, Manufacturing, Agriculture and Other End-Uses Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 57: USA 12-Year Perspective for Artificial Intelligence (AI) by End-Use – Percentage Breakdown of Value Revenues for Advertising & Media, BFSI, Healthcare, Retail, Automotive & Transportation, Manufacturing, Agriculture and Other End-Uses for the Years 2015, 2021 & 2027
CANADA Market Overview Top-Tier Canadian Cities Primed for AI Growth EXHIBIT 27: Funding in Artificial Intelligence (AI) Companies (in US Million) in Canada for the Years 2014-2019 Market Analytics Table 58: Canada Current & Future Analysis for Artificial Intelligence (AI) by Component – Services, Software and Hardware – Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Table 59: Canada Historic Review for Artificial Intelligence (AI) by Component – Services, Software and Hardware Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 60: Canada 12-Year Perspective for Artificial Intelligence (AI) by Component – Percentage Breakdown of Value Revenues for Services, Software and Hardware for the Years 2015, 2021 & 2027
Table 61: Canada Current & Future Analysis for Artificial Intelligence (AI) by Technology – Computer Vision, Machine Learning, Context Aware Computing and Natural Language Processing – Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Table 62: Canada Historic Review for Artificial Intelligence (AI) by Technology – Computer Vision, Machine Learning, Context Aware Computing and Natural Language Processing Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 63: Canada 12-Year Perspective for Artificial Intelligence (AI) by Technology – Percentage Breakdown of Value Revenues for Computer Vision, Machine Learning, Context Aware Computing and Natural Language Processing for the Years 2015, 2021 & 2027
Table 64: Canada Current & Future Analysis for Artificial Intelligence (AI) by End-Use – Advertising & Media, BFSI, Healthcare, Retail, Automotive & Transportation, Manufacturing, Agriculture and Other End-Uses – Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Table 65: Canada Historic Review for Artificial Intelligence (AI) by End-Use – Advertising & Media, BFSI, Healthcare, Retail, Automotive & Transportation, Manufacturing, Agriculture and Other End-Uses Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 66: Canada 12-Year Perspective for Artificial Intelligence (AI) by End-Use – Percentage Breakdown of Value Revenues for Advertising & Media, BFSI, Healthcare, Retail, Automotive & Transportation, Manufacturing, Agriculture and Other End-Uses for the Years 2015, 2021 & 2027
JAPAN Market Overview Market Analytics Table 67: Japan Current & Future Analysis for Artificial Intelligence (AI) by Component – Services, Software and Hardware – Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Table 68: Japan Historic Review for Artificial Intelligence (AI) by Component – Services, Software and Hardware Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 69: Japan 12-Year Perspective for Artificial Intelligence (AI) by Component – Percentage Breakdown of Value Revenues for Services, Software and Hardware for the Years 2015, 2021 & 2027
Table 70: Japan Current & Future Analysis for Artificial Intelligence (AI) by Technology – Computer Vision, Machine Learning, Context Aware Computing and Natural Language Processing – Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Table 71: Japan Historic Review for Artificial Intelligence (AI) by Technology – Computer Vision, Machine Learning, Context Aware Computing and Natural Language Processing Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 72: Japan 12-Year Perspective for Artificial Intelligence (AI) by Technology – Percentage Breakdown of Value Revenues for Computer Vision, Machine Learning, Context Aware Computing and Natural Language Processing for the Years 2015, 2021 & 2027
Table 73: Japan Current & Future Analysis for Artificial Intelligence (AI) by End-Use – Advertising & Media, BFSI, Healthcare, Retail, Automotive & Transportation, Manufacturing, Agriculture and Other End-Uses – Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Table 74: Japan Historic Review for Artificial Intelligence (AI) by End-Use – Advertising & Media, BFSI, Healthcare, Retail, Automotive & Transportation, Manufacturing, Agriculture and Other End-Uses Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 75: Japan 12-Year Perspective for Artificial Intelligence (AI) by End-Use – Percentage Breakdown of Value Revenues for Advertising & Media, BFSI, Healthcare, Retail, Automotive & Transportation, Manufacturing, Agriculture and Other End-Uses for the Years 2015, 2021 & 2027
CHINA Market Overview A Vast Talent Pool: Advantage China! Government Support and Increasing Venture Capital Funding China Continues Investments in AI Startups EXHIBIT 28: Chinese AI Market: Funding for AI Startups (in $ Million) for the Period Q1 2017 through Q1 2020 EXHIBIT 29: Leading Chinese AI Startups by Equity Funding (in $ Million) as of June 2020 EXHIBIT 30: Number of New AI Startups in China: 2015-2020 Market Analytics Table 76: China Current & Future Analysis for Artificial Intelligence (AI) by Component – Services, Software and Hardware – Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Table 77: China Historic Review for Artificial Intelligence (AI) by Component – Services, Software and Hardware Markets – Independent Analysis of Annual Revenues in US$ Million for Years 2015 through 2019 and % CAGR
Table 78: China 12-Year Perspective for Artificial Intelligence (AI) by Component – Percentage Breakdown of Value Revenues for Services, Software and Hardware for the Years 2015, 2021 & 2027
Table 79: China Current & Future Analysis for Artificial
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