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Global Artificial Intelligence (AI) Market Outlook (2017-2026) - Rising Demand for Intelligent Virtual Assistants is a Key Driver - ResearchAndMarkets.com

December 3, 2018

DUBLIN--(BUSINESS WIRE)--Dec 3, 2018--The “Artificial Intelligence - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.

According to this report, the Global Artificial Intelligence market accounted for $15.7 billion in 2017 and is expected to reach $300.26 billion by 2026 growing at a CAGR of 38.8% during the forecast period. Rising demand for intelligent virtual assistants, enhance operational efficiency in manufacturing industry and increase in implementation of cloud based applications and services are some factors impacting the market growth. However, irregularity of artificial intelligence algorithms is restricting the market.

By technology, computer vision segment is expected to grow at the highest CAGR due to the increasing implementation of computer vision in autonomous and semi-autonomous applications in different industries such as manufacturing and automotive, is fuelling the growth of this segment in the AI market.

Amongst geography, Asia Pacific dominates the global market during the forecast period. In this region, the growth of the market is influenced due to high computing power, parallel processing and fast improvements in information storage capacity.

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Artificial Intelligence Market, By Offering

6 Global Artificial Intelligence Market, By Technology

7 Global Artificial Intelligence Market, By Type

8 Global Artificial Intelligence Market, By Application

9 Global Artificial Intelligence Market, By End-User

10 Global Artificial Intelligence Market, By Geography

11 Key Developments

12 Company Profiling

RockwellSamsung ElectronicsFacebookIntelGoogleCiscoMicrosoftOracleSK Hynix Inc.International Business Machines CorporationGeneral ElectricSiemensMellanox TechnologiesIRIS AutomationGeneral VisionSentient TechnologiesMicron TechnologyDescartes LabsTwitter

For more information about this report visit https://www.researchandmarkets.com/research/sg65tz/global_artificial?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181203005515/en/

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Related Topics:Artificial Intelligence

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/03/2018 08:47 AM/DISC: 12/03/2018 08:47 AM

http://www.businesswire.com/news/home/20181203005515/en

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