Lucintel’s latest market report analyzed that artificial intelligence provides attractive opportunities in the healthcare, security, retail, automotive, manufacturing, and financial technology (fintech) sectors. The artificial intelligence market is expected to reach $115 billion by 2027 with a CAGR of 23.5%. In this market, machine learning is the largest segment by technology, whereas media and advertising is largest by end use industry. Growing adoption of artificial intelligence in IoT applications and increasing demand for AI-enabled processors provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/artificial-intelligence-market.aspx Based on technology, the artificial intelligence market is segmented into the healthcare, security, retail, automotive, manufacturing, and financial technology (fintech) sectors. The machine learning segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing adoption of this technology in the autonomous applications and growing consumer preference for IoT-enabled devices.
Browse in-depth TOC on “Artificial Intelligence Market”
89 – Tables
106 – Figures
205 – Pages
The Artificial Intelligence Market is marked by the presence of several big and small players. Some of the prominent players offering artificial intelligence include Google, Siemens AG, Apple Inc., Facebook, Samsung, Microsoft, Amazon, NVIDIA, NEC Corporation, Intel Corporation, IBM, General Electric.
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