Artificial Intelligence Market Size, Share, Analysis Report

Artificial Intelligence Market Size by Solution (Hardware, Software and Services), By Technology (Deep Learning, Machine Learning, Natural Language Processing (NLP) and Machine Vision), By End-use (Healthcare, BFSI, Law, Retail, Advertising & Media, Automotive & Transportation, Agriculture, Manufacturing and Others), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Artificial Intelligence Market is expected to be around US$ 667.07 Billion by 2028 at a CAGR of 36% in the given forecast period.

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MARKET SNAPSHOT

Major Players

Study period:

2023-2028

Base Year:

2022

CAGR:

6

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

The Artificial Intelligence Market is expected to be around US$ 667.07 Billion by 2028 at a CAGR of 36% in the given forecast period.

The market is prominently driven by the major growth in the information technology (IT) industry, coupled with the rising utilization of cloud-based applications across the world. The growing digitization in many industries, such as telecommunication, healthcare, automotive and banking, financial services and insurance (BFSI), has resulted in the extensive usage of AI-enabled systems for analyzing huge amounts of data and deriving insights regarding overall operational efficiencies and consumer experience. Moreover, the rising deployment of 5G infrastructure and the escalating demand for intelligent virtual assistants are also providing a thrust to the market growth. Several social media and e-commerce platforms are deploying AI-based algorithms, recommendation engines, chatbots and pricing optimization, lead generation and supply chain optimization systems to improve their customer engagement.

The global Artificial Intelligence market is segregated on the basis of Solution as Hardware, Software and Services. Based on Technology the global Artificial Intelligence market is segmented in Deep Learning, Machine Learning, Natural Language Processing (NLP) and Machine Vision. Based on End-use the global Artificial Intelligence market is segmented in Healthcare, BFSI, Law, Retail, Advertising & Media, Automotive & Transportation, Agriculture, Manufacturing and Others.

The global Artificial Intelligence market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Artificial Intelligence market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

NVIDIA corporation, Samsung Electronics Co. Ltd, MicroStrategy Inc., Qlik Technologies Inc, Verint Systems Inc (Next IT Corp), Qualcomm Technologies, Micron Technology, Xilinx Inc, Intel corporation, ARM Holding, Advanced Micro Devices Inc, Huawei Technologies Co. Ltd, Intel, Salesforce, Albert Technologies, and others are among the major players in the global Artificial Intelligence market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Artificial Intelligence Market has been segmented as below:

Artificial Intelligence Market, By Solution

  • Hardware
  • Software
  • Services

Artificial Intelligence Market, By Technology

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

Artificial Intelligence Market, By End-user

  • Healthcare
  • BFSI
  • Law
  • Retail
  • Advertising & Media
  • Automotive & Transportation
  • Agriculture
  • Manufacturing
  • Others

Artificial Intelligence Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Artificial Intelligence Market, By Company

  • NVIDIA corporation
  • Samsung Electronics Co.Ltd
  • MicroStrategy Inc.
  • Qlik Technologies Inc
  • Verint Systems Inc (Next IT Corp)
  • Qualcomm Technologies
  • Micron Technology
  • Xilinx Inc
  • Intel corporation
  • ARM Holding
  • Advanced Micro Devices Inc
  • Huawei Technologies Co.Ltd,
  • Intel
  • Salesforce
  • Albert Technologies

The report covers:

  • Global Artificial Intelligence market sizes from 2021 to 2028, along with CAGR for 2023-2028
  • Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
  • Global Artificial Intelligence market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Artificial Intelligence market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Report Scope:

The global Artificial Intelligence market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Artificial Intelligence market share. Major industry players with significant revenue share include NVIDIA corporation, Samsung Electronics Co. Ltd, MicroStrategy Inc., Qlik Technologies Inc, Verint Systems Inc (Next IT Corp), Qualcomm Technologies, Micron Technology, Xilinx Inc, Intel corporation, ARM Holding, Advanced Micro Devices Inc, Huawei Technologies Co. Ltd, Intel, Salesforce, Albert Technologies, and others.

Reasons to Buy this Report:

  • Gain detailed insights on the Artificial Intelligence industry trends
  • Find complete analysis on the market status
  • Identify the Artificial Intelligence market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

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1.    Introduction
1.1.    Key Points
1.2.    Report Description
1.3.    Markets Covered
1.4.    Stakeholders
2.    Research Methodology
2.1.    Research Scope
2.2.    Market Research Process
2.3.    Research Data Analysis
2.3.1.1.    Secondary Research
2.3.1.2.    Primary Research
2.3.1.3.    Models for Estimation
2.4.    Market Size Estimation
2.4.1.    Bottom-Up Approach- Segmental Market Analysis
2.4.2.    Top-Down Approach- Parent Market Analysis
3.    Executive Summary
4.    Market Overview

4.1.    Introduction
4.1.1.    Drivers
4.1.2.    Restraints
4.1.3.    Opportunities
4.1.4.    Challenges
4.2.    Porter’s Five Force Analysis
5.    Artificial Intelligence Market, By Solution
5.1.    Introduction
5.2.    Hardware
5.2.1.    Market Overview
5.2.2.    Market Size and Forecast
5.3.    Software
5.3.1.    Market Overview
5.3.2.    Market Size and Forecast
5.4.    Services
5.4.1.    Market Overview
5.4.2.    Market Size and Forecast
6.    Artificial Intelligence Market, By Technology
6.1.    Introduction
6.2.    Deep Learning
6.2.1.    Market Overview
6.2.2.    Market Size and Forecast
6.3.    Machine Learning
6.3.1.    Market Overview
6.3.2.    Market Size and Forecast
6.4.    Natural Language Processing (NLP)
6.4.1.    Market Overview
6.4.2.    Market Size and Forecast
6.5.    Machine Vision
6.5.1.    Market Overview
6.5.2.    Market Size and Forecast
7.    Artificial Intelligence Market, By End-use
7.1.    Introduction
7.2.    Healthcare
7.2.1.    Market Overview
7.2.2.    Market Size and Forecast
7.3.    BFSI
7.3.1.    Market Overview
7.3.2.    Market Size and Forecast
7.4.    Law
7.4.1.    Market Overview
7.4.2.    Market Size and Forecast
7.5.    Retail
7.5.1.    Market Overview
7.5.2.    Market Size and Forecast
7.6.    Advertising & Media
7.6.1.    Market Overview
7.6.2.    Market Size and Forecast
7.7.    Automotive & Transportation
7.7.1.    Market Overview
7.7.2.    Market Size and Forecast
7.8.    Agriculture
7.8.1.    Market Overview
7.8.2.    Market Size and Forecast
7.9.    Manufacturing
7.9.1.    Market Overview
7.9.2.    Market Size and Forecast
7.10.    Others
7.10.1.    Market Overview
7.10.2.    Market Size and Forecast
8.    Artificial Intelligence Market, By Geography
8.1.    Introduction
8.2.    North America
8.2.1.    North America Artificial Intelligence, By Solution
8.2.2.    North America Artificial Intelligence, By Technology
8.2.3.    North America Artificial Intelligence, By End-use
8.3.    Europe
8.3.1.    Europe Artificial Intelligence, By Solution
8.3.2.    Europe Artificial Intelligence, By Technology
8.3.3.    Europe Artificial Intelligence, By End-use
8.4.    Asia-Pacific
8.4.1.    Asia-Pacific Artificial Intelligence, By Solution
8.4.2.    Asia-Pacific Artificial Intelligence, By Technology
8.4.3.    Asia-Pacific Artificial Intelligence, By End-use
8.5.    Rest of the World
8.5.1.    Rest of the World Artificial Intelligence, By Solution
8.5.2.    Rest of the World Artificial Intelligence, By Technology
8.5.3.    Rest of the World Artificial Intelligence, By End-use
9.    Competitive Insights
9.1.    Key Insights
9.2.    Company Market Share Analysis
9.3.    Strategic Outlook
9.3.1.    Mergers & Acquisitions
9.3.2.    New Product Developments
9.3.3.    Portfolio/Production Capacity Expansions
9.3.4.    Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5.    Others
10.    Company Profiles
10.1.    NVIDIA corporation
10.1.1.    Company Overview
10.1.2.    Product/Service Landscape
10.1.3.    Financial Overview
10.1.4.    Recent Developments
10.2.    Samsung Electronics Co. Ltd
10.2.1.    Company Overview
10.2.2.    Product/Service Landscape
10.2.3.    Financial Overview
10.2.4.    Recent Developments
10.3.    MicroStrategy Inc.
10.3.1.    Company Overview
10.3.2.    Product/Service Landscape
10.3.3.    Financial Overview
10.3.4.    Recent Developments
10.4.    Qlik Technologies Inc
10.4.1.    Company Overview
10.4.2.    Product/Service Landscape
10.4.3.    Financial Overview
10.4.4.    Recent Developments
10.5.    Verint Systems Inc (Next IT Corp)
10.5.1.    Company Overview
10.5.2.    Product/Service Landscape
10.5.3.    Financial Overview
10.5.4.    Recent Developments
10.6.    Qualcomm Technologies
10.6.1.    Company Overview
10.6.2.    Product/Service Landscape
10.6.3.    Financial Overview
10.6.4.    Recent Developments
10.7.    Micron Technology
10.7.1.    Company Overview
10.7.2.    Product/Service Landscape
10.7.3.    Financial Overview
10.7.4.    Recent Developments
10.8.    Xilinx Inc
10.8.1.    Company Overview
10.8.2.    Product/Service Landscape
10.8.3.    Financial Overview
10.8.4.    Recent Developments
10.9.    Intel corporation
10.9.1.    Company Overview
10.9.2.    Product/Service Landscape
10.9.3.    Financial Overview
10.9.4.    Recent Developments
10.10.    ARM Holding
10.10.1.    Company Overview
10.10.2.    Product/Service Landscape
10.10.3.    Financial Overview
10.10.4.    Recent Developments
10.11.    Advanced Micro Devices Inc
10.11.1.    Company Overview
10.11.2.    Product/Service Landscape
10.11.3.    Financial Overview
10.11.4.    Recent Developments
10.12.    Huawei Technologies Co. Ltd, 
10.12.1.    Company Overview
10.12.2.    Product/Service Landscape
10.12.3.    Financial Overview
10.12.4.    Recent Developments
10.13.    Intel
10.13.1.    Company Overview
10.13.2.    Product/Service Landscape
10.13.3.    Financial Overview
10.13.4.    Recent Developments
10.14.    Salesforce
10.14.1.    Company Overview
10.14.2.    Product/Service Landscape
10.14.3.    Financial Overview
10.14.4.    Recent Developments
10.15.    Albert Technologies
10.15.1.    Company Overview
10.15.2.    Product/Service Landscape
10.15.3.    Financial Overview
10.15.4.    Recent Developments

The Artificial Intelligence Market has been segmented as below:

Artificial Intelligence Market, By Solution

  • Hardware
  • Software
  • Services

Artificial Intelligence Market, By Technology

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

Artificial Intelligence Market, By End-user

  • Healthcare
  • BFSI
  • Law
  • Retail
  • Advertising & Media
  • Automotive & Transportation
  • Agriculture
  • Manufacturing
  • Others

Artificial Intelligence Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Artificial Intelligence Market, By Company

  • NVIDIA corporation
  • Samsung Electronics Co.Ltd
  • MicroStrategy Inc.
  • Qlik Technologies Inc
  • Verint Systems Inc (Next IT Corp)
  • Qualcomm Technologies
  • Micron Technology
  • Xilinx Inc
  • Intel corporation
  • ARM Holding
  • Advanced Micro Devices Inc
  • Huawei Technologies Co.Ltd,
  • Intel
  • Salesforce
  • Albert Technologies

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The Artificial Intelligence Market is expected to be around US$ 667.07 Billion by 2028
The segment included in Artificial Intelligence market is Solution, Technology, End-user and region.
Some key players operating in the Artificial Intelligence market include NVIDIA corporation, Samsung Electronics Co. Ltd, MicroStrategy Inc., Qlik Technologies Inc, Verint Systems Inc (Next IT Corp), Qualcomm Technologies, Micron Technology
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