Artificial Intelligence Systems Spending Market Technology, Applications, Recent Trends, Future Growth, Size, Share, Types, Products, High Demand, Industry Analysis and Forecasts 2028
The global Artificial Intelligence systems spending market is forecast to reach a market size of USD 767.60 Billion by 2028, and register a significantly high CAGR, according to latest analysis by Emergen Research. Growth of the global Artificial Intelligence systems spending market in terms of revenue is expected to increase significantly during the forecast period due to rising demand for AI solutions in the education sector. Rising adoption of AI in the BFSI industry to provide enhanced customer service is also another major factor expected to further boost global Artificial Intelligence systems spending market growth during the forecast period. Rising focus of governments on digital economy transformation is expected to further support market growth going ahead.
The Artificial
Intelligence Systems Spending Market research report is a comprehensive and
vital document encompassing business strategies, qualitative and quantitative
analysis, and emerging trends of the global Artificial Intelligence Systems
Spending market. The report offers in-depth research and assessment of the key
elements of the global Artificial Intelligence Systems Spending market. The
research analysts have formulated this report through thorough primary and
secondary research with a detailed analysis of the drivers, restraints,
challenges, trends, and opportunities to provide a panoramic view of the Artificial
Intelligence Systems Spending market.
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Some major
companies in the market report include Google LLC, Microsoft Corporation, Apple Inc.,
Facebook, Inc., International Business Machines Corporation, Intel Corporation,
Wipro Limited, Accenture PLC, Infosys Limited, and Salesforce.com Inc.
Global Artificial Intelligence Systems Spending Market Report – Table of
Contents:
Chapter 1 includes the global Artificial Intelligence
Systems Spending market introduction, followed by the market scope, product
offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the Artificial
Intelligence Systems Spending market on the basis of geography, and determines
the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the Artificial
Intelligence Systems Spending market, focusing on the major manufacturers and
vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of
the Artificial Intelligence Systems Spending industry, along with their
anticipated sales and revenue shares.
Chapters 5 includes market segmentation based on product
type, application range, and market players.
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Emergen Research has segmented the global Artificial Intelligence
systems spending market on the basis of component, technology, application,
end-use, and region.
Component Outlook (Revenue, USD Billion; 2021–2028)
Software
Applications
Platforms
Hardware
Server
Storage
Service
IT service
Business service
Technology Outlook (Revenue, USD Billion; 2021–2028)
Natural language processing
Deep learning
Artificial general intelligence (AGI)
Machine vision
Artificial super intelligence (ASI)
Machine learning
Application Outlook (Revenue, USD Billion; 2021–2028)
Automated threat intelligence & prevention systems
Fraud analysis & investigation
Automated customer service
Others
End-use Outlook (Revenue, USD Billion; 2021–2028)
Healthcare
BFSI
Transportation
Education
Telecommunications
Media & entertainment
Retail
Manufacturing
Construction
Information technology
Others
Key Highlights of Report
Software segment is expected to lead in terms of revenue growth, and
register a CAGR of 47.6% during the forecast period. This high growth rate can
be attributed to increasing implementation of AI-enabled chatbot solutions to
improve operational activities and customer service.
Deep learning segment is projected to account for largest market share
over the forecast period due to growing use of deep learning technology to
develop AI-enabled advanced service bot and virtual assistance.
In terms of revenue contribution to the global Artificial Intelligence
systems spending market, the automated customer service segment is projected to
lead during the forecast period as a result of increasing implementation of
AI-based platforms to optimize customer service activities in different end-use
industries.
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Global Artificial
Intelligence Systems Spending Market Geographical Landscape - Synopsis:
The report closely studies the growth trajectory of the global Artificial
Intelligence Systems Spending market. It brings to light the global dominance
of the leading regional segments, including North America, Asia Pacific,
Europe, Latin America, and the Middle East & Africa.
The study elaborates on the crucial information pertaining to the
regional market share. It simultaneously focuses on the significant details
about the growth patterns of each regional market.
Moreover, the report encases an exhaustive geographical study of the
market, emphasizing the business growth prospects and market barriers for each
of the key market regions.
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