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The global artificial intelligence (AI) market is expected to grow by USD 125.3 billion between 2022 and 2027, accelerating at a CAGR of 22.26% during the forecast period




Global Artificial Intelligence (AI) Market 2023-2027 Analyst is watching the Artificial Intelligence (AI) Market and it is about to grow by $125. 3 billion over the period 2022-2027, accelerating to a CAGR of 22.

New York, Jan. 02, 2023 (GLOBE NEWSWIRE) — announces the publication of the report “Global Artificial Intelligence (AI) Market 2023-2027” –
26% over the forecast period. Our Artificial Intelligence (AI) Market report provides holistic analysis, market size and forecast, trends, growth drivers and challenges, and vendor analysis covering around 25 vendors.
The report offers up-to-date analysis regarding the current global market scenario, latest trends and drivers, and overall market environment. The market is driven by preventing fraud and malicious attacks, chatbots in AI, and increasing employee productivity.

The Artificial Intelligence (AI) Market is segmented as follows:
By component
• Software
• Material
• Services

Per end user
• Retail
• Bank
• Manufacturing
• Health care
• Others

By geographical landscape
• North America
• Europe
• South America
• Middle East and Africa

This study identifies the increase in cloud-based AI services as one of the major reasons for the growth of the Artificial Intelligence (AI) market over the next few years. Additionally, narrow AI and GPU alternatives for accelerating AI workloads will drive significant demand in the market.

The analyst presents a detailed picture of the market through study, synthesis and summation of data from multiple sources by analysis of key parameters. Our Artificial Intelligence (AI) Market report covers the following areas:
• Sizing of the artificial intelligence (AI) market
• Artificial intelligence (AI) market forecasts
• Industry analysis of the Artificial Intelligence (AI) market

This robust vendor analysis is designed to help clients improve their position in the market and with this in mind, this report provides a detailed analysis of several leading vendors in the Artificial Intelligence (AI) market including Advanced Micro Devices Inc. ., Alphabet Inc., Amazon Web Services Inc., Apple Inc., Argo AI LLC, Baidu Inc., China Cambrian Technology Co. Ltd., CognitiveScale, DataDirect Networks Inc., Graphcore Ltd., Huawei Technologies Co. Ltd., Intel Corp., International Business Machines Corp. ., Microsoft Corp., Nuance Communications Inc., NVIDIA Corp., Oracle Corp., Qualcomm Inc., Tesla Inc. and Wipro Ltd. In addition, the Artificial Intelligence (AI) Market analysis report includes information on upcoming trends and challenges which will influence the growth of the market. It’s about helping businesses strategize and take advantage of all the growth opportunities ahead.
The study was conducted using an objective combination of primary and secondary information, including contributions from key industry participants. The report contains a comprehensive market and vendor landscape in addition to an analysis of major vendors.

The analyst presents a detailed picture of the market through study, synthesis and summation of data from multiple sources through analysis of key parameters such as profit, price, competition and specials. It presents various facets of the market by identifying the major industry influencers. The data presented is comprehensive, reliable and the result of extensive research – both primary and secondary. Technavio’s Market Research Reports provide a comprehensive competitive landscape and in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Read the full report:

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