Artificial Intelligence Market Size, Share, Analysis Report

Artificial Intelligence Market Size By Offering ( Hardware, software, service) By End-User Industry (Healthcare, Manufacturing, Automotive, Agriculture, Building Automation, Consumer, Food & Beverage, Gaming, Media and Entertainment), By Type (Narrow/Week AI, General/Strong AI), By Technology (Machine Learning, Natural Language Processing (NLP), Context-Aware Computing, Computer Vision), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Artificial Intelligence Market is expected to grow from US$ 43.53 billion in 2021 to US$ 6.67 billion by 2027 at a CAGR of 38.3% from 2022 to 2027.

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MARKET SNAPSHOT

Major Players

Study period:

2022-2027

Base Year:

2021

CAGR:

38

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

AI is connected to human intelligence with parallel characteristics such as reasoning, learning, problem solving, language understanding, and others. Producers in the market witness huge original intellectual challenges in the development and revision of such a technology. Nevertheless, technology has always been an important element for these industries, but AI has transported technology at the center of the organizations. AI is established to be the significant innovative element of the upcoming digital era. Moreover, development of further reliable cloud computing organizations and improvements in dynamic artificial intelligence solutions have a strong impact on the development potential of the AI market. Nevertheless, lack of trained and experienced staff can hinder the development of the artificial intelligence industry.

The Artificial Intelligence Market is expected to grow from US$ 43.53 billion in 2022 to US$ 6.67 billion by 2027 at a CAGR of 38.3% from 2022 to 2027.

The global Artificial Intelligence market is segregated on the basis of Offering as Hardware, Software and Services. Based on End-User Industry the global Artificial Intelligence market is segmented in Healthcare, Manufacturing, Automotive, Agriculture, Retail, Building Automation, Consumer, Food & Beverage, Gaming, Media and Entertainment. Based on Type the global Artificial Intelligence market is segmented in Narrow/Week AI and General/Strong AI.

Based on Technology, the global Artificial Intelligence market is segmented in Machine Learning, Natural Language Processing (NLP), Context-Aware Computing and Computer Vision.

The global Artificial Intelligence market report provides geographic analysis covering regions, such as Europe, North America, 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 Analysis

Intel, NVIDIA, Samsung Electronics, Xilinx, Micron Technology, IBM, Microsoft, Google, Amazon Web Services (AWS), Facebook, Baidu, Oracle, Salesforce, SAS, SAP, General Electric, Cisco, Rockwell, Siemens and others are among the major players in the global Artificial Intelligence market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

The global Artificial Intelligence market has been segmented as below:

Artificial Intelligence Market, By Offering

  • Hardware
  • Processors
  • MPU
  • GPU
  • FPGA
  • Others
  • Memory
  • Network
  • Software
  • AI Platforms
  • Application Program Interface (API)
  • Machine Learning Framework
  • AI Solutions
  • On Premises
  •   Cloud
  • Services
  • Deployment & Integration
  • Support & Maintenance

Artificial Intelligence Market, By End-User Industry

  • Healthcare
  • Patient Data & Risk Analysis
  • Lifestyle Management & Monitoring
  • Precision Medicine
  • Inpatient Care & Hospital Management
  • Medical Imaging & Diagnostics
  • Drug Discovery
  • Virtual Assistant
  • Wearables
  • Research
  • Manufacturing
  • Material Movement
  • Predictive Maintenance and Machinery Inspection
  • Production Planning
  • Field Services
  • Reclamation
  • Quality Control
  • Automotive
  • Autonomous Driving
  • Hmi
  • Semiautonomous Driving
  • Agriculture
  • Precision Farming
  • Livestock Monitoring
  • Drone Analytics
  • Agricultural Robots
  • Others
  • Building Automation
  • Consumer
  • Food & Beverage
  • Gaming
  • Media and Entertainment

Artificial Intelligence Market, By Type

  • Narrow/Week AI
  • General/Strong AI

Artificial Intelligence Market, By Technology

  • Machine Learning
  • Deep Learning
  • Supervised Learning
  • Unsupervised Learning
  • Reinforcement Learning
  • Generative Adversarial Networks (GANS)
  • Others
  • Natural Language Processing (NLP)
  • Context-Aware Computing
  • Computer Vision

Artificial Intelligence Market, By Region

  • Europe
  • North America
  • Asia Pacific
  • Rest of The World

Artificial Intelligence Market, By Company

  • Intel
  • NVIDIA
  • Samsung Electronics
  • Xilinx
  • Micron Technology
  • IBM
  • Microsoft
  • Google
  • Amazon Web Services (AWS)
  • Facebook
  • Baidu
  • Oracle
  • Salesforce
  • SAS
  • SAP
  • General Electric
  • Cisco
  • Rockwell
  • Siemens

The report covers the below scope:

  • Global Artificial Intelligence market sizes from 2018 to 2027, along with CAGR for 2022-2027
  • Market size comparison for 2020 vs 2027, with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
  • 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

The years considered for the study are as follows:

  • Base year – 2021
  • Estimated year – 2021
  • Projected year – 2022
  • Forecast period – 2022 to 2027

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 Intel, NVIDIA, Samsung Electronics, Xilinx, Micron Technology, IBM, Microsoft, Google, Amazon Web Services (AWS), Facebook, Baidu, Oracle, Salesforce, SAS, SAP, General Electric, Cisco, Rockwell, Siemens and others.

Why 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

Target Audience:

The report targeted towards the existing players in the industry is as follows:

  • Market Manufacturers/Service Providers
  • Market Wholesale/Traders
  • Investment and Financial Institutions

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1. Introduction

    1.1 Key Insights
    1.2 Report Overview
    1.3 Markets Covered
    1.4 Stakeholders

2. Research Methodology

    2.1 Research Scope
    2.2 Market Research Process
    2.3 Research Data Analysis
        2.4.1 Secondary Research
        2.4.2 Primary Research
        2.4.3 Models for Estimation
    2.5 Market Size Estimation
        2.5.1 Bottom-Up Approach – Segmental Market Analysis
        2.5.2 Top-Down Approach – Parent Market Analysis

3. Executive Summary

4. Market Overview

    4.1 Introduction
        4.2.1 Drivers
        4.2.2 Restraints
        4.2.3 Opportunities
        4.2.4 Challenges
    4.2 Porter’s Five Force Analysis

5. Artificial Intelligence Market, By Offering

    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 Forecast0

6. Artificial Intelligence Market, By End-User Industry

    6.1 Introduction
    6.2 Healthcare
        6.2.1 Market Overview
        6.2.2 Market Size and Forecast
    6.3 Manufacturing
        6.3.1 Market Overview
        6.3.2 Market Size and Forecast
    6.4 Automotive
        6.4.1 Market Overview
        6.4.2 Market Size and Forecast
    6.5 Agriculture
        6.5.1 Market Overview
        6.5.2 Market Size and Forecast
    6.6 Building Automation
        6.6.1 Market Overview
        6.6.2 Market Size and Forecast
    6.7 Consumer
        6.7.1 Market Overview
        6.7.2 Market Size and Forecast
    6.8 Food & Beverage
        6.8.1 Market Overview
        6.8.2 Market Size and Forecast
    6.9 Gaming
        6.9.1 Market Overview
        6.9.2 Market Size and Forecast
    6.10 Media and Entertainment
        6.10.1 Market Overview
        6.10.2 Market Size and Forecast

7. Artificial Intelligence Market, By Type

    7.1 Introduction
    7.2 Narrow/Week AI
        7.2.1 Market Overview
        7.2.2 Market Size and Forecast
    7.3 General/Strong AI
        7.3.1 Market Overview
        7.3.2 Market Size and Forecast

8. Artificial Intelligence Market, By Technology

    8.1 Introduction
    8.2 Machine Learning
        8.2.1 Market Overview
        8.2.2 Market Size and Forecast
    8.3 Natural Language Processing
        8.3.1 Market Overview
        8.3.2 Market Size and Forecast
    8.4 Context-Aware Computing
        8.4.1 Market Overview
        8.4.2 Market Size and Forecast
    8.5 Computer Vision
        8.5.1 Market Overview
        8.5.2 Market Size and Forecast

9. Artificial Intelligence Market, By Geography

    9.1 Introduction
    9.2 Europe
        9.2.1 Europe Artificial Intelligence, By Offering
        9.2.2 Europe Artificial Intelligence, By End-User Industry
        9.2.3 Europe Artificial Intelligence, By Type
        9.2.4 Europe Artificial Intelligence, By Technology
    9.3 North America
        9.3.1 North America Artificial Intelligence, By Offering
        9.3.2 North America Artificial Intelligence, By End-User Industry
        9.3.3 North America Artificial Intelligence, By Type
        9.3.4 North America Artificial Intelligence, By Technology
    9.4 Asia Pacific
        9.4.1 Asia Pacific Artificial Intelligence, By Offering
        9.4.2 Asia Pacific Artificial Intelligence, By End-User Industry
        9.4.3 Asia Pacific Artificial Intelligence, By Type
        9.4.4 Asia Pacific Artificial Intelligence, By Technology
    9.5 Rest of The World
        9.5.1 Rest of The World Artificial Intelligence, By Offering
        9.5.2 Rest of The World Artificial Intelligence, By End-User Industry
        9.5.3 Rest of The World Artificial Intelligence, By Type
        9.5.4 Rest of The World Artificial Intelligence, By Technology

10. Competitive Insights

    10.1 Key Insights
    10.2 Company Market Share Analysis
    10.3 Strategic Outlook
        10.3.1 Mergers & Acquisitions
        10.3.2 New Product Development
        10.3.3 Portfolio/Production Capacity Expansions
        10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements 
        10.3.5 Others

11. Company Profiles

    11.1 Intel
        11.1.1 Company Overview
        11.1.2 Product/Service Landscape
        11.1.3 Financial Overview
        11.1.4 Recent Developments
    11.2 NVIDIA
        11.2.1 Company Overview
        11.2.2 Product/Service Landscape
        11.2.3 Financial Overview
        11.2.4 Recent Developments
    11.3 Samsung Electronics
        11.3.1 Company Overview
        11.3.2 Product/Service Landscape
        11.3.3 Financial Overview
        11.3.4 Recent Developments
    11.4 Xilinx
        11.4.1 Company Overview
        11.4.2 Product/Service Landscape
        11.4.3 Financial Overview
        11.4.4 Recent Developments
    11.5 Micron Technology
        11.5.1 Company Overview
        11.5.2 Product/Service Landscape
        11.5.3 Financial Overview
        11.5.4 Recent Developments
    11.6 IBM
        11.6.1 Company Overview
        11.6.2 Product/Service Landscape
        11.6.3 Financial Overview
        11.6.4 Recent Developments
    11.7 Microsoft
        11.7.1 Company Overview
        11.7.2 Product/Service Landscape
        11.7.3 Financial Overview
        11.7.4 Recent Developments
    11.8 Google
        11.8.1 Company Overview
        11.8.2 Product/Service Landscape
        11.8.3 Financial Overview
        11.8.4 Recent Developments
    11.9 Amazon Web Services
        11.9.1 Company Overview
        11.9.2 Product/Service Landscape
        11.9.3 Financial Overview
        11.9.4 Recent Developments
    11.10 Facebook
        11.10.1 Company Overview
        11.10.2 Product/Service Landscape
        11.10.3 Financial Overview
        11.10.4 Recent Developments
            11.11 Baidu
        11.11.1 Company Overview
        11.11.2 Product/Service Landscape
        11.11.3 Financial Overview
        11.11.4 Recent Developments
    11.12 Oracle
        11.12.1 Company Overview
        11.12.2 Product/Service Landscape
        11.12.3 Financial Overview
        11.12.4 Recent Developments
    11.13 Salesforce
        11.13.1 Company Overview
        11.13.2 Product/Service Landscape
        11.13.3 Financial Overview
        11.13.4 Recent Developments
    11.14 SAS
        11.14.1 Company Overview
        11.14.2 Product/Service Landscape
        11.14.3 Financial Overview
        11.14.4 Recent Developments
    11.15 SAP
        11.15.1 Company Overview
        11.15.2 Product/Service Landscape
        11.15.3 Financial Overview
        11.15.4 Recent Developments
    11.16 General Electric
        11.16.1 Company Overview
        11.16.2 Product/Service Landscape
        11.16.3 Financial Overview
        11.16.4 Recent Developments
    11.17 Cisco
        11.17.1 Company Overview
        11.17.2 Product/Service Landscape
        11.17.3 Financial Overview
        11.17.4 Recent Developments
    11.18 Rockwell
        11.18.1 Company Overview
        11.18.2 Product/Service Landscape
        11.18.3 Financial Overview
        11.18.4 Recent Developments
    11.19 Siemens
        11.19.1 Company Overview
        11.19.2 Product/Service Landscape
        11.19.3 Financial Overview
        11.19.4 Recent Developments
    11.20 Siemens
        11.20.1 Company Overview
        11.20.2 Product/Service Landscape
        11.20.3 Financial Overview
        11.20.4 Recent Developments

The global Artificial Intelligence market has been segmented as below:

Artificial Intelligence Market, By Offering

  • Hardware
  • Processors
  • MPU
  • GPU
  • FPGA
  • Others
  • Memory
  • Network
  • Software
  • AI Platforms
  • Application Program Interface (API)
  • Machine Learning Framework
  • AI Solutions
  • On Premises
  •   Cloud
  • Services
  • Deployment & Integration
  • Support & Maintenance

Artificial Intelligence Market, By End-User Industry

  • Healthcare
  • Patient Data & Risk Analysis
  • Lifestyle Management & Monitoring
  • Precision Medicine
  • Inpatient Care & Hospital Management
  • Medical Imaging & Diagnostics
  • Drug Discovery
  • Virtual Assistant
  • Wearables
  • Research
  • Manufacturing
  • Material Movement
  • Predictive Maintenance and Machinery Inspection
  • Production Planning
  • Field Services
  • Reclamation
  • Quality Control
  • Automotive
  • Autonomous Driving
  • Hmi
  • Semiautonomous Driving
  • Agriculture
  • Precision Farming
  • Livestock Monitoring
  • Drone Analytics
  • Agricultural Robots
  • Others
  • Building Automation
  • Consumer
  • Food & Beverage
  • Gaming
  • Media and Entertainment

Artificial Intelligence Market, By Type

  • Narrow/Week AI
  • General/Strong AI

Artificial Intelligence Market, By Technology

  • Machine Learning
  • Deep Learning
  • Supervised Learning
  • Unsupervised Learning
  • Reinforcement Learning
  • Generative Adversarial Networks (GANS)
  • Others
  • Natural Language Processing (NLP)
  • Context-Aware Computing
  • Computer Vision

Artificial Intelligence Market, By Region

  • Europe
  • North America
  • Asia Pacific
  • Rest of The World

Artificial Intelligence Market, By Company

  • Intel
  • NVIDIA
  • Samsung Electronics
  • Xilinx
  • Micron Technology
  • IBM
  • Microsoft
  • Google
  • Amazon Web Services (AWS)
  • Facebook
  • Baidu
  • Oracle
  • Salesforce
  • SAS
  • SAP
  • General Electric
  • Cisco
  • Rockwell
  • Siemens

Got a question? We've got answers. If you have some other questions, see our support center.

The market is expected to grow at a CAGR of 38.3% during the study period (2022-2027)
The Artificial Intelligence Market is expected to grow from US$ 43.53 billion in 2021 to US$ 6.67 billion by 2027.
The segment included in Artificial Intelligence Market is Offering, End-User Industry, Type, Technology and region.
Some key players operating in the Artificial Intelligence Market include Intel, NVIDIA, Samsung Electronics, Xilinx, Micron Technology, IBM, Microsoft, Google, Amazon Web Services (AWS), Facebook, Baidu, Oracle, Salesforce, SAS, SAP
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