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Artificial Intelligence Market Revenue Growth Regional Share Analysis and Forecast Till 2029
Artificial Intelligence Market was valued at US$ 92.8 Bn. in 2021 and the total Artificial Intelligence revenue is expected to grow at 25.4% from 2022 to 2029, reaching nearly US$ 567.45 Bn.

The report provides an in-depth analysis of the market and contains meaningful insights, facts, historical data, and statistically supported and industry-validated market statistics. It also includes estimates based on an appropriate set of assumptions and methodologies.

Artificial Intelligence Market Overview:

The Artificial Intelligence market study gives a complete picture of the competition, including the market share and company profiles of the key competitors in the global industry. The scope of the research includes a thorough investigation of the Artificial Intelligence Market, as well as the reasons for variations in the industry's growth in various locations.

Market Scope:

This research study makes extensive use of secondary sources, directories, and databases, such as annual reports, press releases, journals, company websites, and databases, to discover and collect excerpts acceptable for this study.

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Artificial Intelligence Market Segmentation:

by Solution

• Hardware
• Software
• Services

by Technology

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

by End-Use

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

Key Players:

• Advanced Micro Devices
• AiCure
• Arm Limited
• Atomwise, Inc.
• Ayasdi AI LLC
• Baidu, Inc.
• Clarifai, Inc
• Cyrcadia Health
• Enlitic, Inc.
• Google LLC
• H2O.ai.
• HyperVerge, Inc.
• International Business Machines Corporation
• Intel Corporation

The entire method entails an examination of the key market players' financial reports. Following the assessment of the overall market size, the market was segmented into several divisions and sub-segments and validated by key industry professionals and marketing executives. The biggest players in the Artificial Intelligence market are as follows:

Regional Analysis:

The regional description of the Artificial Intelligence market analysis also contains individual market influencing variables and changes in market regulations that affect current and future market trends. Current and future trends are reviewed to evaluate the overall market potential and to identify profitable trends to get a more solid footing. The geographical market evaluation is based on the current environment and anticipated trends.

COVID-19 Impact Analysis on Artificial Intelligence Market:

End-user industries where Artificial Intelligence are utilized had a drop in growth from January 2020 to May 2020 in some countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant fall in the revenues of businesses operating in these industries and, as a result, in demand for Artificial Intelligence manufacturers, impacting the Artificial Intelligence market's growth in 2020. With lockdowns and an increase in COVID-19 instances throughout the world, end-user business demand for Artificial Intelligence has declined dramatically.

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Key Questions Answered in the Artificial Intelligence Market Report are:

  • Which segment had the largest share in the market in 2021?
  • What is the competitive landscape of the market?
  • Which are the key drivers aiding the market growth?
  • Which region has the maximum share in the market?
  • What will be the CAGR of the market during the forecast period (2021-2029)?

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