Global Artificial Intelligence Market Drivers, Trends And Restraints For 2022-2031
The Business Research Company’s Artificial Intelligence Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
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LONDON, GREATER LONDON, UK, October 26, 2022 /EINPresswire.com/ — As per The Business Research Company’s “Artificial Intelligence Global Market Report 2022”, the artificial intelligence market size is predicted to reach a value of $44.51 billion in 2021 to $56.89 billion in 2022 at a compound annual growth rate (CAGR) of 27.80%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The artificial intelligence global market growth is expected to increase to $140.67 billion in 2026 at a CAGR of 25.40%. Growing investment in AI technologies contributed to the growth of the Artificial intelligence global market
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Key Trends In The Artificial Intelligence Market
Automated machine learning is being implemented by many companies. It is quite complicated to apply traditional machine learning models for real-world business problems. The better solution is to use Automated machine learning which allows non-machine learning (ML) experts to use machine learning algorithms without being machine learning wizards. For instance, tools like Google cloud AutoML are used to train custom-made and high-quality ML models with a minimum ML expertise.
Overview Of The Artificial Intelligence Market
The artificial intelligence market consists of sales of artificial intelligence software and related services. Artificial Intelligence (AI) sometimes referred to as machine intelligence. Artificial intelligence is a wide-ranging branch of computer science-related with building smart machines that can perform tasks that require human intelligence.
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Artificial Intelligence Global Market Report 2022 from TBRC covers the following information:
Market Size Data
Forecast period: Historical and Future
By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
By Offering: Hardware, Software, Services
By Technology: Machine learning, Natural language processing, Context-Aware Computing, Computer Vision, Others (Image processing, Speech recognition)
By End-user Industry: Healthcare, Automotive, Agriculture, Retail, Marketing, Telecommunication, Defense, Aerospace, Media & Entertainment, Others
By Geography: The artificial intelligence global market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America holds the largest share in the market.
Major market players such as Google, IBM, Baidu, Microsoft, Apple Inc., Ipsoft, NVIDIA corporation, Samsung Electronics Co.Ltd, MicroStrategy Inc., Qlik Technologies
Trends, Opportunities, Strategies And So Much More.
Artificial Intelligence Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides an overview of artificial intelligence market. The market report analyzes artificial intelligence market size, artificial intelligence market growth drivers, artificial intelligence market trends, artificial intelligence market segments, artificial intelligence market major players, artificial intelligence global market growth across geographies, and artificial intelligence global market competitors’ revenues and market positioning. The artificial intelligence global market report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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