Maximize Market Research's latest report, " Global Commercial Artificial Intelligence Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Global Commercial Artificial Intelligence Market size is expected to reach US$ XX Mn. by 2026 from US$ XX Mn. in 2019, at a CAGR of XX% during the forecast period.
Global Commercial Artificial Intelligence Market Overview
The increasing demand for machine learning in various industries and manufacturing units is expected to drive the market during the forecast period. In today’s time, many manufacturing units have been adopting advanced technologies such as IoT, AI, ML for the M2M communication and collect a big amount of data and increase productivity. Machine learning collects data such as cost of machinery, production time, maintenance schedule, etc., which helps manufacturers to reduce downtime and failures of machinery and increase ROI on assets.
However, the retail sector is using AI for the optimization of customer experiences, inventory volume, and fixed prices of the products based on customer behavior and market competition. Machine learning enables organizations to compare past data related to customers behavior and preferences with present data, analyze it, and provides relevant information and helps to build a marketing strategy to remain competitive in the market, which is expected to increase the demand for AI and ML in the various verticals such as eCommerce, healthcare, retail, etc.
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Global Commercial Artificial Intelligence Market Major Market Players
• IBM
• Google
• Microsoft
• AWS
• General Vision
• GE
• Siemens
• Accenture
• Agralogics
• Agrible
• Agrilyst
• AIBrain
• Alphabet Inc.
• NEC Corporation
• Next IT Corporation
• Qualcomm Incorporated
• Lurkin
• Apple
• Granular
• ADAPTik
• Adapt-N
• Artificial Solutions
• Interactions
• Inbenta
• Kore.ai
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Global Commercial Artificial Intelligence Market by Types and Applications:
The report has covered the market size by country (regions) for the global Commercial Artificial Intelligence market. Segment by Application. The Commercial Artificial Intelligence Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the Commercial Artificial Intelligence Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global Commercial Artificial Intelligence Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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