Artificial Intelligence Market Size, Share & Trends Report

Artificial Intelligence Market Size, Share & Trends Analysis Report By Solution (Hardware, Software, Services), By Technology (Deep Learning, Machine Learning, NLP), By Function, By End-use, By Region, And Segment Forecasts, 2023 - 2030

  • Report ID: GVR-1-68038-955-5
  • Number of Pages: 125
  • Format: Electronic (PDF)
  • Historical Range: 2017 - 2023
  • Industry: Technology

Market Segmentation

  • Artificial Intelligence Solution Outlook (Revenue, USD Billion, 2017 - 2030)
    • Hardware
      • Accelerators
      • Processors
      • Memory
      • Network
    • Software
    • Services
      • Professional
      • Managed
  • Artificial Intelligence Technology Outlook (Revenue, USD Billion, 2017 - 2030)
    • Deep Learning
    • Machine Learning
    • Natural Language Processing
      • Natural Language Understanding (NLU)
      • Natural Language Generation (NLG)
    • Machine Vision
    • Generative AI
  • Artificial Intelligence Function Outlook (Revenue, USD Billion, 2017 - 2030)
    • Cybersecurity
    • Finance and Accounting
    • Human Resource Management
    • Legal and Compliance
    • Operations
    • Sales and Marketing
    • Supply Chain Management
  • Artificial Intelligence End-Use Outlook (Revenue, USD Billion, 2017 - 2030)
    • Healthcare
      • Robot Assisted Surgery
      • Virtual Nursing Assistants
      • Hospital Workflow Management
      • Dosage Error Reduction
      • Clinical Trial Participant Identifier
      • Preliminary Diagnosis
      • Automated Image Diagnosis
    • BFSI
      • Risk Assessment
      • Financial Analysis/Research
      • Investment/Portfolio Management
      • Others
    • Law
    • Retail
    • Advertising & Media
    • Automotive & Transportation
    • Agriculture
    • Manufacturing
    • Others
  • Artificial Intelligence Regional Outlook (Revenue, USD Billion, 2017 - 2030)
    • North America
      • North America Artificial Intelligence Market, By Solution
        • Hardware
          • Accelerators
          • Processors
          • Memory
          • Network
        • Software
        • Services
          • Professional
          • Managed
      • North America Artificial Intelligence Market, By Technology
        • Deep Learning
        • Machine Learning
        • Natural Language Processing
          • Natural Language Understanding (NLU)
          • Natural Language Generation (NLG)
        • Machine Vision
        • Generative AI
          • Generative Adversarial Networks (GANs)
          • Transformers
          • Variational Auto-encoders
          • Diffusion Networks
      • North America Artificial Intelligence Market, By Function
        • Cybersecurity
        • Finance and Accounting
        • Human Resource Management
        • Legal and Compliance
        • Operations
        • Sales and Marketing
        • Supply Chain Management
      • North America Artificial Intelligence Market, By End-Use
        • Healthcare
        • BFSI
        • Law
        • Retail
        • Advertising & Media
        • Automotive & Transportation
        • Agriculture
        • Manufacturing
        • Others
      • U.S.
        • U.S. Artificial Intelligence Market, By Solution
          • Hardware
            • Accelerators
            • Processors
            • Memory
            • Network
          • Software
          • Services
            • Professional
            • Managed
        • U.S. Artificial Intelligence Market, By Technology
          • Deep Learning
          • Machine Learning
          • Natural Language Processing
            • Natural Language Understanding (NLU)
            • Natural Language Generation (NLG)
          • Machine Vision
          • Generative AI
            • Generative Adversarial Networks (GANs)
            • Transformers
            • Variational Auto-encoders
            • Diffusion Networks
        • U.S. Artificial Intelligence Market, By Function
          • Cybersecurity
          • Finance and Accounting
          • Human Resource Management
          • Legal and Compliance
          • Operations
          • Sales and Marketing
          • Supply Chain Management
        • U.S. Artificial Intelligence Market, By End-Use
          • Healthcare
          • BFSI
          • Law
          • Retail
          • Advertising & Media
          • Automotive & Transportation
          • Agriculture
          • Manufacturing
          • Others
      • Canada
        • Canada Artificial Intelligence Market, By Solution
          • Hardware
            • Accelerators
            • Processors
            • Memory
            • Network
            • Software
          • Services
            • Professional
            • Managed
        • Canada Artificial Intelligence Market, By Technology
          • Deep Learning
          • Machine Learning
          • Natural Language Processing
            • Natural Language Understanding (NLU)
            • Natural Language Generation (NLG)
          • Machine Vision
          • Generative AI
            • Generative Adversarial Networks (GANs)
            • Transformers
            • Variational Auto-encoders
            • Diffusion Networks
        • Canada Artificial Intelligence Market, By Function
          • Cybersecurity
          • Finance and Accounting
          • Human Resource Management
          • Legal and Compliance
          • Operations
          • Sales and Marketing
          • Supply Chain Management
        • Canada Artificial Intelligence Market, By End-Use
          • Healthcare
          • BFSI
          • Law
          • Retail
          • Advertising & Media
          • Automotive & Transportation
          • Agriculture
          • Manufacturing
          • Others
      • Mexico
        • Mexico Artificial Intelligence Market, By Solution
          • Hardware
            • Accelerators
            • Processors
            • Memory
            • Network
          • Software
          • Services
            • Professional
            • Managed
        • Mexico Artificial Intelligence Market, By Technology
          • Deep Learning
          • Machine Learning
          • Natural Language Processing
            • Natural Language Understanding (NLU)
            • Natural Language Generation (NLG)
          • Machine Vision
          • Generative AI
            • Generative Adversarial Networks (GANs)
            • Transformers
            • Variational Auto-encoders
            • Diffusion Networks
        • Mexico Artificial Intelligence Market, By Function
          • Cybersecurity
          • Finance and Accounting
          • Human Resource Management
          • Legal and Compliance
          • Operations
          • Sales and Marketing
          • Supply Chain Management
        • Mexico Artificial Intelligence Market, By End-Use
          • Healthcare
          • BFSI
          • Law
          • Retail
          • Advertising & Media
          • Automotive & Transportation
          • Agriculture
          • Manufacturing
          • Others
    •  Europe
      • Europe Artificial Intelligence Market, By Solution
        • Hardware
          • Accelerators
          • Processors
          • Memory
          • Network
        • Software
        • Services
          • Professional
          • Managed
      • Europe Artificial Intelligence Market, By Technology
        • Deep Learning
        • Machine Learning
        • Natural Language Processing
          • Natural Language Understanding (NLU)
          • Natural Language Generation (NLG)
        • Machine Vision
        • Generative AI
          • Generative Adversarial Networks (GANs)
          • Transformers
          • Variational Auto-encoders
          • Diffusion Networks
      • Europe Artificial Intelligence Market, By Function
        • Cybersecurity
        • Finance and Accounting
        • Human Resource Management
        • Legal and Compliance
        • Operations
        • Sales and Marketing
        • Supply Chain Management
      • Europe Artificial Intelligence Market, By End-Use
        • Healthcare
        • BFSI
        • Law
        • Retail
        • Advertising & Media
        • Automotive & Transportation
        • Agriculture
        • Manufacturing
        • Others
      • U.K.
        • U.K. Artificial Intelligence Market, By Solution
          • Hardware
            • Accelerators
            • Processors
            • Memory
            • Network
          • Software
          • Services
            • Professional
            • Managed
        • U.K. Artificial Intelligence Market, By Technology
          • Deep Learning
          • Machine Learning
          • Natural Language Processing
            • Natural Language Understanding (NLU)
            • Natural Language Generation (NLG)
          • Machine Vision
          • Generative AI
            • Generative Adversarial Networks (GANs)
            • Transformers
            • Variational Auto-encoders
            • Diffusion Networks
        • U.K. Artificial Intelligence Market, By Function
          • Cybersecurity
          • Finance and Accounting
          • Human Resource Management
          • Legal and Compliance
          • Operations
          • Sales and Marketing
          • Supply Chain Management
        • U.K. Artificial Intelligence Market, By End-Use
          • Healthcare
          • BFSI
          • Law
          • Retail
          • Advertising & Media
          • Automotive & Transportation
          • Agriculture
          • Manufacturing
          • Others
      • Germany
        • Germany Artificial Intelligence Market, By Solution
          • Hardware
            • Accelerators
            • Processors
            • Memory
            • Network
          • Software
          • Services
            • Professional
            • Managed
        • Germany Artificial Intelligence Market, By Technology
          • Deep Learning
          • Machine Learning
          • Natural Language Processing
            • Natural Language Understanding (NLU)
            • Natural Language Generation (NLG)
          • Machine Vision
          • Generative AI
            • Generative Adversarial Networks (GANs)
            • Transformers
            • Variational Auto-encoders
            • Diffusion Networks
        • Germany Artificial Intelligence Market, By Function
          • Cybersecurity
          • Finance and Accounting
          • Human Resource Management
          • Legal and Compliance
          • Operations
          • Sales and Marketing
          • Supply Chain Management
        • Germany Artificial Intelligence Market, By End-Use
          • Healthcare
          • BFSI
          • Law
          • Retail
          • Advertising & Media
          • Automotive & Transportation
          • Agriculture
          • Manufacturing
          • Others
      • France
        • France Artificial Intelligence Market, By Solution
          • Hardware
            • Accelerators
            • Processors
            • Memory
            • Network
          • Software
          • Services
            • Professional
            • Managed
        • France Artificial Intelligence Market, By Technology
          • Deep Learning
          • Machine Learning
          • Natural Language Processing
            • Natural Language Understanding (NLU)
            • Natural Language Generation (NLG)
          • Machine Vision
          • Generative AI
            • Generative Adversarial Networks (GANs)
            • Transformers
            • Variational Auto-encoders
            • Diffusion Networks
        • France Artificial Intelligence Market, By Function
          • Cybersecurity
          • Finance and Accounting
          • Human Resource Management
          • Legal and Compliance
          • Operations
          • Sales and Marketing
          • Supply Chain Management
        • France Artificial Intelligence Market, By End-Use
          • Healthcare
          • BFSI
          • Law
          • Retail
          • Advertising & Media
          • Automotive & Transportation
          • Agriculture
          • Manufacturing
          • Others
    • Asia Pacific
      • Asia Pacific Artificial Intelligence Market, By Solution
        • Hardware
          • Accelerators
          • Processors
          • Memory
          • Network
        • Software
        • Services
          • Professional
          • Managed
      • Asia Pacific Artificial Intelligence Market, By Technology
        • Deep Learning
        • Machine Learning
        • Natural Language Processing
          • Natural Language Understanding (NLU)
          • Natural Language Generation (NLG)
        • Machine Vision
        • Generative AI
          • Generative Adversarial Networks (GANs)
          • Transformers
          • Variational Auto-encoders
          • Diffusion Networks
      • Asia Pacific Artificial Intelligence Market, By Function
        • Cybersecurity
        • Finance and Accounting
        • Human Resource Management
        • Legal and Compliance
        • Operations
        • Sales and Marketing
        • Supply Chain Management
      • Asia Pacific Artificial Intelligence Market, By End-Use
        • Healthcare
        • BFSI
        • Law
        • Retail
        • Advertising & Media
        • Automotive & Transportation
        • Agriculture
        • Manufacturing
        • Others
      • China
        • China Artificial Intelligence Market, By Solution
          • Hardware
            • Accelerators
            • Processors
            • Memory
            • Network
          • Software
          • Services
            • Professional
            • Managed
        • China Artificial Intelligence Market, By Technology
          • Deep Learning
          • Machine Learning
          • Natural Language Processing
            • Natural Language Understanding (NLU)
            • Natural Language Generation (NLG)
          • Machine Vision
          • Generative AI
            • Generative Adversarial Networks (GANs)
            • Transformers
            • Variational Auto-encoders
            • Diffusion Networks
        • China Artificial Intelligence Market, By Function
          • Cybersecurity
          • Finance and Accounting
          • Human Resource Management
          • Legal and Compliance
          • Operations
          • Sales and Marketing
          • Supply Chain Management
        • China Artificial Intelligence Market, By End-Use
          • Healthcare
          • BFSI
          • Law
          • Retail
          • Advertising & Media
          • Automotive & Transportation
          • Agriculture
          • Manufacturing
          • Others
      • Japan
        • Japan Artificial Intelligence Market, By Solution
          • Hardware
            • Accelerators
            • Processors
            • Memory
            • Network
          • Software
          • Services
            • Professional
            • Managed
        • Japan Artificial Intelligence Market, By Technology
          • Deep Learning
          • Machine Learning
            • Natural Language Processing
            • Natural Language Understanding (NLU)
            • Natural Language Generation (NLG)
          • Machine Vision
          • Generative AI
            • Generative Adversarial Networks (GANs)
            • Transformers
            • Variational Auto-encoders
            • Diffusion Networks
        • Japan Artificial Intelligence Market, By Function
          • Cybersecurity
          • Finance and Accounting
          • Human Resource Management
          • Legal and Compliance
          • Operations
          • Sales and Marketing
          • Supply Chain Management
        • Japan Artificial Intelligence Market, By End-Use
          • Healthcare
          • BFSI
          • Law
          • Retail
          • Advertising & Media
          • Automotive & Transportation
          • Agriculture
          • Manufacturing
          • Others
      • India
        • India Artificial Intelligence Market, By Solution
          • Hardware
            • Accelerators
            • Processors
            • Memory
            • Network
          • Software
          • Services
            • Professional
            • Managed
        • India Artificial Intelligence Market, By Technology
          • Deep Learning
          • Machine Learning
          • Natural Language Processing
            • Natural Language Understanding (NLU)
            • Natural Language Generation (NLG)
          • Machine Vision
          • Generative AI
            • Generative Adversarial Networks (GANs)
            • Transformers
            • Variational Auto-encoders
            • Diffusion Networks
        • India Artificial Intelligence Market, By Function
          • Cybersecurity
          • Finance and Accounting
          • Human Resource Management
          • Legal and Compliance
          • Operations
          • Sales and Marketing
          • Supply Chain Management
        • India Artificial Intelligence Market, By End-Use
          • Healthcare
          • BFSI
          • Law
          • Retail
          • Advertising & Media
          • Automotive & Transportation
          • Agriculture
          • Manufacturing
          • Others
    • South America
      • South America Artificial Intelligence Market, By Solution
        • Hardware
          • Accelerators
          • Processors
          • Memory
          • Network
        • Software
        • Services
          • Professional
          • Managed
      • South America Artificial Intelligence Market, By Technology
        • Deep Learning
        • Machine Learning
        • Natural Language Processing
          • Natural Language Understanding (NLU)
          • Natural Language Generation (NLG)
        • Machine Vision
        • Generative AI
          • Generative Adversarial Networks (GANs)
          • Transformers
          • Variational Auto-encoders
          • Diffusion Networks
      • South America Artificial Intelligence Market, By Function
        • Cybersecurity
        • Finance and Accounting
        • Human Resource Management
        • Legal and Compliance
        • Operations
        • Sales and Marketing
        • Supply Chain Management
      • South America Artificial Intelligence Market, By End-Use
        • Healthcare
        • BFSI
        • Law
        • Retail
        • Advertising & Media
        • Automotive & Transportation
        • Agriculture
        • Manufacturing
        • Others
      • Brazil
        • Brazil Artificial Intelligence Market, By Solution
          • Hardware
            • Accelerators
            • Processors
            • Memory
            • Network
          • Software
          • Services
            • Professional
            • Managed
        • Brazil Artificial Intelligence Market, By Technology
          • Deep Learning
          • Machine Learning
          • Natural Language Processing
            • Natural Language Understanding (NLU)
            • Natural Language Generation (NLG)
          • Machine Vision
          • Generative AI
            • Generative Adversarial Networks (GANs)
            • Transformers
            • Variational Auto-encoders
            • Diffusion Networks
        • Brazil Artificial Intelligence Market, By Function
          • Cybersecurity
          • Finance and Accounting
          • Human Resource Management
          • Legal and Compliance
          • Operations
          • Sales and Marketing
          • Supply Chain Management
        • Brazil Artificial Intelligence Market, By End-Use
          • Healthcare
          • BFSI
          • Law
          • Retail
          • Advertising & Media
          • Automotive & Transportation
          • Agriculture
          • Manufacturing
          • Others
    • MEA
      • MEA Artificial Intelligence Market, By Solution
        • Hardware
          • Accelerators
          • Processors
          • Memory
          • Network
        • Software
        • Services
          • Professional
          • Managed
      • MEA Artificial Intelligence Market, By Technology
        • Deep Learning
        • Machine Learning
        • Natural Language Processing
          • Natural Language Understanding (NLU)
          • Natural Language Generation (NLG)
        • Machine Vision
        • Generative AI
          • Generative Adversarial Networks (GANs)
          • Transformers
          • Variational Auto-encoders
          • Diffusion Networks
      • MEA Artificial Intelligence Market, By Function
        • Cybersecurity
        • Finance and Accounting
        • Human Resource Management
        • Legal and Compliance
        • Operations
        • Sales and Marketing
        • Supply Chain Management
      • MEA Artificial Intelligence Market, By End-Use
        • Healthcare
        • BFSI
        • Law
        • Retail
        • Advertising & Media
        • Automotive & Transportation
        • Agriculture
        • Manufacturing
        • Others

Artificial Intelligence Market Dynamics

Driver: Economical parallel processing set-up

The artificial intelligence sector has predominantly been driven by software, with a limited number of companies producing hardware components like CPUs, ASICs, FPGAs, and GPUs. However, recent advancements in design tools have made FPGAs more compatible with intricate software methodologies, making them more accessible to those who design and construct algorithm models. To address issues related to power consumption, slow processing, and inefficiency, hardware-based AI solutions are being introduced. As the market matures, there is a growing demand for a new business model that leverages predictive, efficient automation and scalable parallel processing capabilities. The requirement for hardware-based AI products emerged as end-use applications called for lower power and higher performance. In the past few years, only a handful of companies have ventured into the development of these components. To gain a competitive edge, vendors like IBM Corporation and Intel Corporation have begun manufacturing AI chipsets to achieve high performance in scaling dynamic parallel processes.

Driver: Potential R&D in artificial intelligence systems

Artificial Intelligence employs layers of algorithms to recognize objects visually, interpret human speech, and process data. These algorithms are utilized for calculations, data processing, and automated reasoning tasks. There’s a growing demand to refine these algorithms to deliver improved and efficient solutions for various end-use applications. AI researchers are continually striving to enhance algorithms across different domains. Traditional algorithms often fall short in terms of accuracy and efficiency, prompting manufacturers and technology developers to concentrate on developing standardized algorithms. For example, NVIDIA’s traditional GPUs used a machine learning algorithm for voice recognition and image labeling. However, this approach had limitations concerning accuracy and solution time. Consequently, the company revised its algorithm by integrating big data and computational power, altering these dynamics. This has enabled machines and devices to operate with increased accuracy, thereby propelling the growth of AI computing and artificial intelligence.

Restraint: Vast demonstrative data requirement

A significant challenge hindering the growth of the industry is the need for vast amounts of data to train AI systems for character and image recognition. Additionally, storing such large volumes of data contributes to the issue of data traceability. Companies like Google, Inc., and Facebook employ artificial intelligence in image recognition applications, which necessitates access to a substantial amount of data. In the healthcare sector, the data needed for identifying tumors in X-rays is extremely limited. The primary issue that emerges in artificial intelligence due to the lack of data availability is making effective decisions using the data at hand. Moreover, the development of networks that can be trained using less data is ongoing and is anticipated to be commercialized in the next 10 to 12 years.

What Does This Report Include?

This section will provide insights into the contents included in this artificial intelligence market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Artificial Intelligence market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Artificial Intelligence market quantitative analysis

  • Market size, estimates, and forecast from 2018 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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