Rising volume of complex data and need for reduction in hardware costs are some key factors driving growth of the Artificial Intelligence & advanced Machine Learning market
The global Artificial Intelligence (AI) & advanced Machine Learning (ML) market size is expected to reach USD 471.39 Billion at a steady CAGR of 35.2% in 2028, according to latest analysis by Emergen Research. Artificial Intelligence (AI) and advanced Machine Learning (ML) technologies are witnessing increasing demand and deployment across various fields, such as in leading-edge medical diagnostics, advanced quantum computer systems, consumer electronics, and smart personal assistants. Machine Learning is a type of AI, which enables computers to learn without being initially programmed. Rising focus on development of computer programs that can teach themselves and change and evolve when exposed to new data, is a factor driving demand for these technologies.
The latest market intelligence report, titled ‘Global Artificial Intelligence and Advanced Machine Learning Market’, is intended to provide the target audience with the necessary information about the global Artificial Intelligence and Advanced Machine Learning industry. Get a free exclusive sample of Artificial Intelligence and Advanced Machine Learning market report: https://www.emergenresearch.com/request-sample/616
Artificial Intelligence and Machine Learning are used to improve efficiently in manufacturing industry. Smart factories, also known as smart factories 4.0, can reduce major unexpected downtime and improve efficiency and transition time, overall product quality, and worker safety. Artificial Intelligence enables more productivity, while also ensuring facilities are environment friendly. The large enterprises segment accounted for largest revenue share in 2020. Such enterprises are adopting AI and advanced ML at a rapid pace to extract the needed information from large volumes of data and predict the outcome of different problems faced by the organization.
Key players in the market include NVIDIA Corporation, Prisma Labs, Inc., IBM, Google, Intel Corporation, Clarifai, Inc., Microsoft Corporation, Siemens, Netguru, and Micron Technology. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Artificial Intelligence and Advanced Machine Learning market players.
Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert: https://www.emergenresearch.com/purchase-enquiry/616 The research study presents an industry-wide summary of the Artificial Intelligence and Advanced Machine Learning market, including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The Artificial Intelligence and Advanced Machine Learning7 report analyzes the market based on different categories, such as product types, end-user applications, and leading geographical regions.
Segmental Analysis: The Artificial Intelligence and Advanced Machine Learning market report provides an in-depth analysis of the key competitors operating in the industry. The report offers insights into their product portfolio, business overview, financial standing, market position, revenue generation, market share and market size, and production and manufacturing capacity along with pricing analysis. Emergen Research has segmented the global Artificial Intelligence & advanced Machine Learning market on the basis of functions, organization size, vertical, and region:
- Functions Outlook (Revenue, USD Billion; 2018–2028)
- Customer Support
- Sales & Marketing
- Research & Development
- Organization Size Outlook (Revenue, USD Billion; 2018–2028)
- Small & Medium Enterprises
- Large Enterprises
- Vertical Outlook (Revenue, USD Billion; 2018–2028)
- Consumer Goods & Retail
- IT & Telecom
- Others (Education, Media & Entertainment)
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Regional Analysis: The Artificial Intelligence and Advanced Machine Learning industry report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.
Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Answered in the Report:
- What is the growth rate of the Artificial Intelligence and Advanced Machine Learning market? What is the anticipated market valuation of the Artificial Intelligence and Advanced Machine Learning industry by 2027?
- What are the key growth driving and restraining factors of the Artificial Intelligence and Advanced Machine Learning market?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Artificial Intelligence and Advanced Machine Learning industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
Take a look “Table of Content Artificial Intelligence and Advanced Machine Learning market”: Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights Chapter
4. Artificial Intelligence & Advanced Machine Learning Market Segmentation & Impact Analysis
4.1. Artificial Intelligence & Advanced Machine Learning Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
18.104.22.168. Advancement of technology and growing digitization
22.214.171.124. Rise in demand from retail sector
126.96.36.199. Increasing application of AI and ML in healthcare
4.2.3. Market restraints analysis
188.8.131.52. Concerns regarding data privacy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Artificial Intelligence & Advanced Machine Learning Market By Functions Insights & Trends, Revenue (USD Billion)
5.1. Functions Dynamics & Market Share, 2021 & 2028
5.1.3. Customer Support
5.1.4. Sales & Marketing
5.1.5. Research & Development
Chapter 6. Artificial Intelligence & Advanced Machine Learning Market By Organization Size Insights & Trends, Revenue (USD Billion)
6.1. Organization Size Dynamics & Market Share, 2021 & 2028
6.1.1. Small & Medium Enterprises
6.1.2. Large Enterprises
Chapter 7. Artificial Intelligence & Advanced Machine Learning Market By Vertical Insights & Trends Revenue (USD Billion)
7.1. Vertical Dynamics & Market Share, 2021 & 2028
7.1.1. Consumer Goods & Retail
7.1.4. BFSI 7.1.5. IT & Telecom
7.1.6. Others (Education, Media & Entertainment)
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