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Artificial Intelligence (AI) in Consumer - Thematic Intelligence

Publisher GlobalData
Published Jul 04, 2023
Length 83 Pages
SKU # GBDT18089838

Description

Artificial Intelligence (AI) in Consumer - Thematic Intelligence


Summary

Artificial intelligence (AI) refers to software-based systems that use data inputs to make decisions on their own. Recent progress in machine-learning (ML) algorithms (e.g., OpenAI's GPT-4) and increasing computing power have enabled AI to solve problems in real-time. GlobalData estimates the total AI market will be worth $909 billion in 2030, growing at a compound annual growth rate (CAGR) of 35.2% between 2022 and 2030.

The consumer goods, foodservice, and packaging sectors are undergoing digital transformation, accelerated by the COVID-19 pandemic and changing consumer preferences. There are numerous potential uses for AI across these sectors. Data science and ML are strong investments across all areas. However, the sectors cannot stop at AI-powered data analytics applications. They must also explore computer vision (CV), smart robots, AI sensors that automate manufacturing and distribution logistics, and generative AI tools that increase efficiency across corporate departments and customer service operations and enable innovation in product design.

Reasons to Buy
  • Understand the impact of the AI theme on the consumer goods, foodservice, and packaging sectors. Understand the impact of generative AI on the consumer goods, foodservice, and packaging sectors. Access the latest data on the AI theme within the consumer goods, foodservice, and packaging sectors. Identify the leading digital transformation efforts from consumer goods, foodservice, and packaging companies through investment into the AI theme. Access case study insights on leading players within the AI theme.

Table of Contents

83 Pages
Executive Summary
Players
Consumer Challenges
The Impact of AI on Consumer
How AI helps resolve the challenge of high inflation
How AI helps tackle the challenge of ESG
How AI helps resolve the challenge of supply chain management
How AI helps tackle innovation and changing consumer preferences
How AI helps resolve the challenge of the future of work
Case Studies
Tastewise integrates TasteGPT into its data analytics platform
Avery Dennison uses ChatGPT to improve supply chain efficiency
Wendy's automates drive-thru experiences with generative AI
EverestLabs use of AI to automate recycling plants
Starship and Nuro develop autonomous delivery vehicles
AI Timeline
Market Size and Growth Forecasts
Signals
Mergers and acquisitions
Patent trends
Company filings trends
Hiring trends
Social media trends
AI Value Chain
Hardware
Semiconductors
Cameras
Sensors and lasers
Servers
Storage devices
Networking equipment
Edge equipment
Data management
Data governance and security
Data storage
Data processing
Data aggregation
Data integration
Foundational AI
Data science
Machine learning
3D modeling
Knowledge representation and reasoning
Visualization engines
Advanced AI capabilities
Human-AI interaction
Decision-making
Motion
Creation (also known as generative AI)
Sentience
Delivery
Hardware appliance
Licensed software
Artificial intelligence as a service
Companies
Leading AI adopters in consumer goods
Leading AI vendors
Specialist AI vendors in Consumer goods
Sector Scorecards
Consumer sector scorecard
Foodservice sector scorecard
Packaging sector scorecard
Glossary
Further Reading
GlobalData reports
Our Thematic Research Methodology
About GlobalData
Contact Us
List of Tables
Table 1: Key challenges facing the consumer goods, packaging, and foodservice sectors
Table 2: Mergers and acquisitions
Table 3: Companies
Table 4: Leading AI vendors
Table 5: Specialist AI vendors in Consumer goods
Table 6: Glossary
Table 7: GlobalData reports
List of Figures
Figure 1: Key players in the advanced AI capabilities value chain
Figure 2: Consumers are extremely concerned about the impact of inflation on household budgets
Figure 3: Thematic impact assessment
Figure 4: EverestLabs is an AI-powered robotics automation solutions provider for recycling plants
Figure 5: The AI story
Figure 6: The global AI market will be worth $909 billion by 2030
Figure 7: AI-related patent publications in the consumer goods sector peaked in 2021
Figure 8: AI technologies are a battleground in the geopolitical competition between the US and China
Figure 9: In 2021, AI mentions in company filings peaked at 2,977
Figure 10: AI-related active job listings peaked in February 2022
Figure 11: Total AI social media mentions peaked in January 2023
Figure 12: The AI value chain - An overview
Figure 13: The AI value chain - Hardware - semiconductors
Figure 14: The AI value chain - Hardware - cameras
Figure 15: The AI value chain - Hardware – sensors and lasers
Figure 16: The AI value chain - Hardware – servers
Figure 17: The AI value chain - Hardware – storage devices
Figure 18: The AI value chain - Hardware – networking equipment
Figure 19: The AI value chain - Hardware – edge equipment
Figure 20: The AI value chain - Data management
Figure 21: The AI value chain - Foundational AI – data science
Figure 22: The AI val9ue chain - Foundational AI – machine learning
Figure 23: The AI value chain - Foundational AI – 3D modeling
Figure 24: The AI value chain - Foundational AI – knowledge representation and reasoning
Figure 25: The AI value chain - Foundational AI – visualization engines
Figure 26: The AI value chain - Advanced AI capabilities– human-AI interaction
Figure 27: The AI value chain - Advanced AI capabilities– decision-making
Figure 28: The AI value chain - Advanced AI capabilities– motion
Figure 29: The AI value chain - Advanced AI capabilities– creation
Figure 30: The AI value chain - Advanced AI capabilities– sentience
Figure 31: The AI value chain - Delivery
Figure 32: Who does what in the consumer space?
Figure 33: Thematic screen - Consumer sector scorecard
Figure 34: Valuation screen - Consumer sector scorecard
Figure 35: Risk screen - Consumer sector scorecard
Figure 36: Who does what in the foodservice space?
Figure 37: Thematic screen - Foodservice sector scorecard
Figure 38: Valuation screen - Foodservice sector scorecard
Figure 39: Risk screen - Foodservice sector scorecard
Figure 40: Who does what in the packaging space?
Figure 41: Thematic screen - Packaging sector scorecard
Figure 42: Valuation screen - Packaging sector scorecard
Figure 43: Risk screen - Packaging sector scorecard
Figure 44: Our five-step approach for generating a sector scorecard

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