Global Artificial Intelligence Market Report By Solution (Hardware, Software, Services), By Technology (Deep Learning, Machine Learning, Natural Language Processing (NLP), Machine Vision), By End-use (Healthcare (Robot-Assisted Surgery, Virtual Nursing Assistants, Hospital Workflow Management, Dosage Error Reduction, Clinical Trial Participant Identifier, Preliminary Diagnosis, Automated Image Diagnosis), BFSI (Risk Assessment, Financial Analysis/Research, Investment/Portfolio Management, Others), Law, Retail, Advertising & Media, Automotive & Transportation, Agriculture, Manufacturing, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2022-2030

The global demand for Artificial Intelligence Market is presumed to reach the market size of nearly USD 1140.63 MN by 2030 from USD 138.12 MN in 2022 with a CAGR of 30.2% under the study period 2023 - 2030.

AI (Artificial intelligence) refers to the subset of computer science, also referred to as machine intelligence. It primarily focuses on creating and managing tools that can make decisions and conduct transactions on behalf of people. Artificial intelligence applications in supercomputers and quantum computers are two examples of the intelligence criteria against which artificial intelligence algorithms are tested. 

Market Dynamics 

Artificial intelligence technology has quickly acquired acceptance with time. The artificial intelligence market is expanding considerably with the increasing demand for AI technology across numerous industries, including retail, BFSI, healthcare, food and beverage, automotive, and logistics. Additionally, it is anticipated that the market growth will be positively impacted by the growing implementation of AI technology in pharmaceutical manufacturing. The primary barrier preventing the AI market growth, however, is the absence of qualified AI professionals. This may prevent many organizations from implementing AI technology on schedule. Thus, impeding market expansion. Regardless, the most important characteristic of AI technology is anticipated to be its capacity to self-learn depending on the data and information it contains.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of artificial intelligence. The growth and trends of artificial intelligence industry provide a holistic approach to this study. 

Market Segmentation

This section of the artificial intelligence market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Solution

• Hardware
• Software
• Services

By Technology

• Deep Learning
• Machine Learning
• Natural Language Processing (NLP)
• Machine Vision

By End-Use

• Healthcare (Robot-Assisted Surgery, Virtual Nursing Assistants, Hospital Workflow Management, Dosage Error Reduction, Clinical Trial Participant Identifier, Preliminary Diagnosis, Automated Image Diagnosis)
• BFSI (Risk Assessment, Financial Analysis/Research, Investment/Portfolio Management, Others)
• Law
• Retail
• Advertising & Media
• Automotive & Transportation
• Agriculture
• Manufacturing
• Others

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Artificial Intelligence market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Artificial Intelligence Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the artificial intelligence market include Advanced Micro Devices, AiCure, Arm Limited, Atomwise Inc., Ayasdi AI LLC, Baidu, Inc., Clarifai Inc, Cyrcadia Health, Enlitic Inc., Google LLC, H2O.ai., HyperVerge Inc., International Business Machines Corporation, IBM Watson Health, Intel Corporation, Iris.ai AS., Lifegraph, Microsoft, NVIDIA Corporation, Sensely Inc., Zebra Medical Vision Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.