June 18, 2024

The latest report by Fortune Business Insights, titled ‘Artificial Intelligence 2024 Size, Trends, Share, Growth, Dynamics, Competition, and Opportunity Forecast, 2024 – 2032,’ provides a thorough analysis of the global Artificial Intelligence . The report meticulously examines both macro and micro trends, offering insights into the dynamic factors influencing the market. It encompasses a detailed exploration of qualitative and quantitative aspects, delivering a precise depiction of market size, growth rates, annual progression, prevailing trends, key drivers, promising opportunities, and potential challenges. Additionally, the report highlights the impact of crucial events such as technological advancements and regulatory frameworks on the Artificial Intelligence landscape. This exhaustive examination equips businesses and stakeholders with invaluable intelligence for making informed decisions in the evolving Artificial Intelligence .

The global Artificial Intelligence Market size is expected to grow from USD 515.31 billion in 2023 to USD 2,740.46 billion by 2032, at a Compound Annual Growth Rate (CAGR) of 20.4% during the forecast period.

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Driving Factor:

Growing focus towards developing autonomy in robots

AI technology is significantly driving the robotics industry. The rising competitiveness in the market has encouraged the businesses to adopt fully automated robots that can interact and perceive the surroundings. The deep learning, machine learning, and other AI technologies are gaining a rapid traction in the development of automated robots across the globe. The surging demand for the robotics across various end use verticals is expected to drive the growth of the artificial intelligence market during the forecast period.

Report Highlights:

  • A comprehensive overview of the Artificial Intelligence
  • Significant factors boosting, restricting, challenging and providing an opportunity to the market
  • Key insights and major industry developments
  • Significant players functioning in the Artificial Intelligence
  • Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
  • Other market trends

Artificial Intelligence Segments:

By Component

  • Hardware
  • Software
  • Services

By Function

  • Human Resources
  • Marketing & Sales
  • Product/Service Deployment
  • Service Operation
  • Risk
  • Supply-Chain Management
  • Others (Strategy and Corporate Finance)

By Deployment

  • Cloud
  • On-premises

By Industry

  • Healthcare
  • Retail
  • IT & Telecom
  • BFSI
  • Automotive
  • Advertising & Media
  • Manufacturing
  • Others

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Top most manufacturers/ Key player by Business Leaders Leading Players of Artificial Intelligence :

  • Amazon, Inc. (Washington, U.S.)
  • IBM Corporation (New York, U.S.)
  • Microsoft Corporation (Washington, U.S.)
  • Salesforce.com Inc. (California, U.S.)
  • Alphabet Inc. (Google LLC) (California, U.S.)
  • NVIDIA Corporation (California, U.S.)
  • Baidu, Inc. (Beijing, China)
  • SAP SE (Walldorf, Germany)
  • Oracle Corporation (Texas, U.S.)
  • Hewlett Packard Enterprise Company (Texas, U.S.)
  • SAS Institute Inc. (North Carolina, U.S.)

Regional Analysis for Artificial Intelligence :

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)

Frequently Asked Questions (FAQs):

  • What is the current market scenario?
  • What was the historical demand scenario, and forecast outlook from 2023 to 2030?
  • What are the key market dynamics influencing growth in the Global Artificial Intelligence ?
  • Who are the prominent players in the Global Artificial Intelligence ?
  • What is the consumer perspective in the Global Artificial Intelligence ?
  • What are the key demand-side and supply-side trends in the Global Artificial Intelligence ?
  • What are the largest and the fastest-growing geographies?
  • Which segment dominated and which segment is expected to grow fastest?
  • What was the COVID-19 impact on the Global Artificial Intelligence ?

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Table of Contents

Industry Overview:

  • Market definition and segmentation
  • Industry trends and drivers
  • Regulatory environment

Artificial Intelligence  Size and Forecast:

  • Historical market size and growth
  • Current market size and trends
  • Forecast for the future

Competitive Landscape:

  • Key players in the market
  • Market share analysis
  • SWOT analysis of major competitors

Customer Analysis:

  • Target customer demographics
  • Buying behavior and preferences
  • Customer satisfaction and feedback

Product/Service Analysis:

  • Overview of products/services in the market
  • Features and benefits
  • Pricing strategies

Artificial Intelligence  Trends:

  • Emerging trends in the industry
  • Technological advancements
  • Shifts in consumer behavior

TOC Continued…

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