Market Research Logo

Artificial Intelligence Market by Technology (Deep Learning, Robotics, Digital Personal Assistant, Querying Method, Natural Language Processing, Context Aware Processing), Offering, End-User Industry, and Geography - Global Forecast to 2022

Artificial Intelligence Market by Technology (Deep Learning, Robotics, Digital Personal Assistant, Querying Method, Natural Language Processing, Context Aware Processing), Offering, End-User Industry, and Geography - Global Forecast to 2022

“Artificial intelligence market to grow at a CAGR of 62.9%”
According to the new market research report on artificial intelligence, this market is expected to be worth USD 16.06 billion by 2022, growing at a CAGR of 62.9% from 2016 to 2022. The growth of the artificial intelligence market can be attributed to the growing application of artificial intelligence in various industries and the increasing adoption of AI for improving consumer service. However, the lack of availability of low-cost and energy-efficient hardware, especially high-speed computing hardware, is hindering the growth of AI market

“Natural language processing is expected to grow at the highest rate from 2016 to 2022”
The market for natural language processing (NLP) is expected to witness fastest CAGR from 2016 to 2022. The growing adoption of NLP in various applications such as AI-powered robots, smartphones, car-infotainment systems, navigation systems, and personal assistant systems, among others is largely driving its growth. Moreover, the deep learning technology is likely to grow at the second-highest CAGR from 2016 to 2022. The growing penetration of deep learning algorithms for myriad AI applications such as voice recognition, fraud detection, voice search, recommendation engines, sentiment analysis, image recognition, and motion detection, among others is mainly driving its market growth.

“Artificial intelligence for the transportation and automotive sector held the largest market share in 2015”
The artificial intelligence market for the transportation and automotive sector held the largest market share compared to other end-user industries in 2015. The use of various AI technologies such as machine learning, natural language processing, image processing, and speech recognition for self-driving cars and the development of human-machine interface systems would drive in the growth of this segment.

“Artificial intelligence market in North America expected to grow at the highest rate”
This report covers the AI market in regions including North America, Europe, Asia-Pacific, and Rest of the World (RoW). The market in North America is expected to grow at a high CAGR from 2016 to 2022 owing to factors such as the wide-scale adoption of AI technologies in several industries such as manufacturing, media and advertising, healthcare, BFSI, and transportation and automotive. Moreover, the presence of key industry players such as Google Inc. (U.S), IBM Corporation (U.S.), NVIDIA Corporation (U.S.), and Microsoft Corporation (U.S.) which are engaged in R&D and new product launches of AI-enabled products is further fuelling its market growth.

Breakdown of profile of primary participants:
By Company Type: Tier 1 - 50%, Tier 2 - 33%, and Tier 3 - 17%
By Designation: C level - 62%, Director level - 25%, and Others - 13%
By Region: North America - 40%, APAC - 25%, Europe - 20%, and RoW - 15%

The companies that are profiled in the report are IBM Corp. (U.S.), Microsoft Corp. (U.S.), Google Inc. (U.S.), FinGenius Ltd. (U.K.), NVIDIA Corporation (U.S.), Intel Corporation (U.S.), General Vision, Inc. (U.S.), Numenta, Inc. (U.S.), Sentient Technologies (U.S.), and Inbenta Technologies, Inc. (U.S.).

Research Coverage:
The report describes various technologies associated with artificial intelligence and related developments in terms of hardware, software solutions, and associated services across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments such as offering, technology, end-user industry, and geography. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Reasons to Buy the Report:
This report includes the market statistics pertaining to technology, offering, end-user industry, and geography along with their respective revenue.
The Porter’s Five Forces framework has been provided along with the value chain analysis to provide an in-depth insight into the artificial intelligence market.
The major drivers, restraints, challenges, and opportunities for the artificial intelligence market have been detailed in this report.
Illustrative segmentation, analysis, and forecast for artificial intelligence markets based on technology, offering, end-user industry, and geography have been provided to give an overall view of the artificial intelligence market.
A detailed competitive landscape has been provided including key players, in-depth analysis, and revenue of key players.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • SCOPE OF THE STUDY
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
      • Table CURRENCY TABLE
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ARTIFICIAL INTELLIGENCE MARKET EXPECTED TO PREVAIL IN NORTH AMERICA
    • ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY (2016-2022)
    • ARTIFICIAL INTELLIGENCE MARKET, BY END-USER INDUSTRY AND GEOGRAPHY, 2016
    • ARTIFICIAL INTELLIGENCE MARKET, BY GEOGRAPHY (2016)
    • ARTIFICIAL INTELLIGENCE MARKET, BY OFFERING (2016)
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY TECHNOLOGY
        • Table AI MARKET, BY TECHNOLOGY
      • BY OFFERING
        • Table AI MARKET, BY OFFERING
      • BY END-USER INDUSTRY
        • Table AI MARKET, BY END-USER INDUSTRY
      • BY GEOGRAPHY
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
        • Table PRICE COMPARISON: AI HARDWARE (LEADING PLAYERS)
      • OPPORTUNITIES
      • CHALLENGES
        • Table SOME OF THE PROMINENT INVESTMENTS IN AI MARKET IN THE PAST THREE YEARS
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • KEY INDUSTRY DEVELOPMENTS
      • Table KEY INDUSTRY TRENDS: DEVELOPMENT OF NEW AI ALGORITHMS AND AI-ENABLED HARDWARE DEVICES
    • PORTER'S FIVE FORCES ANALYSIS
      • INDUSTRY RIVALRY
      • THREAT OF SUBSTITUTES
      • THREAT OF NEW ENTRANTS
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
  • ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY
    • INTRODUCTION
      • Table ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY, 2013-2022 (USD MILLION)
    • DEEP LEARNING
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR DEEP LEARNING, BY OFFERING, 2013-2022(USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR DEEP LEARNING, BY END-USER INDUSTRY, 2013-2022(USD MILLION)
    • ROBOTICS
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR ROBOTICS, BY END-USER INDUSTRY, 2013-2022 (USD MILLION)
    • DIGITAL PERSONAL ASSISTANT
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR DIGITAL PERSONAL ASSISTANT, BY END-USER INDUSTRY, 2013-2022 (USD MILLION)
    • QUERYING METHOD
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR QUERYING METHOD, BY END-USER INDUSTRY, 2013-2022 (USD MILLION)
    • NATURAL LANGUAGE PROCESSING
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR NATURAL LANGUAGE PROCESSING, BY END-USER INDUSTRY, 2013-2022 (USD MILLION)
    • CONTEXT-AWARE PROCESSING
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR CONTEXT-AWARE PROCESSING, BY END-USER INDUSTRY, 2013-2022 (USD MILLION)
  • ARTIFICIAL INTELLIGENCE MARKET, BY OFFERING
    • INTRODUCTION
      • Table ARTIFICIAL INTELLIGENCE MARKET, BY OFFERING, 2013-2022 (USD MILLION)
    • BY PRODUCT
      • HARDWARE
      • SOFTWARE
        • Table ARTIFICIAL INTELLIGENCE MARKET FOR PRODUCT, BY TYPE, 2013-2022 (USD MILLION)
        • Table SOME OF THE ONGOING AI SOFTWARE DEVELOPMENT PROJECTS
    • SERVICES
      • INSTALLATION
      • TRAINING
      • SUPPORT & MAINTENANCE
  • ARTIFICIAL INTELLIGENCE MARKET, BY END-USER INDUSTRY
    • INTRODUCTION
      • Table ARTIFICIAL INTELLIGENCE MARKET, BY END-USER INDUSTRY, 2013-2022 (USD MILLION)
    • AGRICULTURE
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR AGRICULTURE, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR AGRICULTURE IN NORTH AMERICA, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR AGRICULTURE IN EUROPE, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR AGRICULTURE IN APAC, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR AGRICULTURE IN ROW, BY REGION, 2013-2022 (USD MILLION)
      • CROP MONITORING
      • AUTOMATED IRRIGATION/HARVESTING (GPS-ENABLED) SYSTEMS
      • AI-GUIDED DRONE
    • BFSI
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR BFSI, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR BFSI IN NORTH AMERICA, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR BFSI IN EUROPE, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR BFSI IN APAC, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR BFSI IN ROW, BY REGION, 2013-2022 (USD MILLION)
      • WEALTH MANAGEMENT
      • FRAUD DETECTION
      • AUTOMATED VIRTUAL ASSISTANTS
    • MANUFACTURING
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR MANUFACTURING, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR MANUFACTURING IN NORTH AMERICA, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR MANUFACTURING IN EUROPE, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR MANUFACTURING IN APAC, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR MANUFACTURING IN ROW, BY REGION, 2013-2022 (USD MILLION)
      • ROBOT INTEGRATED CIM SYSTEMS
    • HEALTHCARE
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR HEALTHCARE, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR HEALTHCARE IN NORTH AMERICA, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR HEALTHCARE IN EUROPE, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR HEALTHCARE IN APAC, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR HEALTHCARE IN ROW, BY REGION, 2013-2022 (USD MILLION)
      • HEALTH ASSISTANCE AND MEDICAL MANAGEMENT
      • DRUG DEVELOPMENT
    • OIL & GAS
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR OIL & GAS, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR OIL & GAS IN NORTH AMERICA, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR OIL & GAS IN EUROPE, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR OIL & GAS IN APAC, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR OIL & GAS IN ROW, BY REGION, 2013-2022 (USD MILLION)
      • EXPLORATION AND PRODUCTION (E&P) LIFE CYCLE
    • MEDIA & ADVERTISING
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR MEDIA & ADVERTISING, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR MEDIA & ADVERTISING IN NORTH AMERICA, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR MEDIA & ADVERTISING IN EUROPE, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR MEDIA & ADVERTISING IN APAC, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR MEDIA & ADVERTISING IN ROW, BY REGION, 2013-2022 (USD MILLION)
      • FACIAL RECOGNITION ADVERTISING
      • CUSTOMER SELF-SERVICE
    • TRANSPORTATION & AUTOMOTIVE
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR TRANSPORTATION & AUTOMOTIVE, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR TRANSPORTATION & AUTOMOTIVE IN NORTH AMERICA, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR TRANSPORTATION & AUTOMOTIVE IN EUROPE, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR TRANSPORTATION & AUTOMOTIVE IN APAC, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR TRANSPORTATION & AUTOMOTIVE IN ROW, BY REGION, 2013-2022 (USD MILLION)
      • AUTONOMOUS GUIDED VEHICLES
      • INFOTAINMENT HUMAN-MACHINE INTERFACE
    • RETAIL
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR RETAIL, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR RETAIL IN NORTH AMERICA, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR RETAIL IN EUROPE, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR RETAIL IN APAC, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR RETAIL IN ROW, BY REGION, 2013-2022 (USD MILLION)
      • PRODUCT RECOMMENDATIONS
      • AUTONOMOUS IN-STORE ROBOTS
    • OTHERS (LAW AND EDUCATION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR OTHER INDUSTRIES, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR OTHER INDUSTRIES IN NORTH AMERICA, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR OTHER INDUSTRIES IN EUROPE, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR OTHER INDUSTRIES IN APAC, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table ARTIFICIAL INTELLIGENCE MARKET FOR OTHER INDUSTRIES IN ROW, BY REGION, 2013-2022 (USD MILLION)
      • LEGAL INFORMATICS
      • VIRTUAL MENTOR
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table ARTIFICIAL INTELLIGENCE MARKET, BY REGION, 2013-2022 (USD MILLION)
    • NORTH AMERICA
      • Table ARTIFICIAL INTELLIGENCE MARKET IN NORTH AMERICA, BY COUNTRY, 2013-2022 (USD MILLION)
      • U.S.
      • CANADA
      • MEXICO
    • EUROPE
      • Table ARTIFICIAL INTELLIGENCE MARKET IN EUROPE, BY COUNTRY, 2013-2020 (USD MILLION)
      • U.K.
      • GERMANY
      • FRANCE
      • REST OF EUROPE
    • APAC
      • Table ARTIFICIAL INTELLIGENCE MARKET IN APAC, BY COUNTRY, 2013-2020 (USD MILLION)
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • INDIA
      • REST OF APAC
    • REST OF THE WORLD
      • Table ARTIFICIAL INTELLIGENCE MARKET IN ROW, BY REGION, 2013-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANK ANALYSIS: ARTIFICIAL INTELLIGENCE MARKET
      • Table RANKING OF THE KEY PLAYERS IN THE ARTIFICIAL INTELLIGENCE MARKET, 2015
    • COMPETITIVE SITUATION AND TRENDS
      • NEW PRODUCT DEVELOPMENTS AND LAUNCHES
        • Table NEW PRODUCT LAUNCHES AND DEVELOPMENTS, 2013-2016
      • ACQUISITIONS
        • Table ACQUISITIONS, 2013-2016
      • COLLABORATIONS & PARTNERSHIPS
        • Table COLLABORATIONS & PARTNERSHIPS, 2013-2016
  • COMPANY PROFILES
    • INTRODUCTION
    • GOOGLE INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • IBM CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MICROSOFT CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • NVIDIA CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • INTEL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GENERAL VISION, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • NUMENTA, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • SENTIENT TECHNOLOGIES HOLDINGS LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • FINGENIUS LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • INBENTA TECHNOLOGIES, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report