Artificial Intelligence Market Size, Share & Trends Report

Artificial Intelligence Market Size, Share & Trends Analysis Report By Solution, By Technology (Deep Learning, Machine Learning, NLP, Machine Vision, Generative AI), By Function, By End-use, By Region, And Segment Forecasts, 2024 - 2030

Report ID: GVR-1-68038-955-5
Number of Report Pages: 125
Format: PDF, Horizon Databook

Historical Range: 2017 - 2023
Forecast Period: 2024 - 2030
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
- 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
    - Machine Vision
    - Generative AI
  - 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
      - 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
  - 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
      - Machine Vision
      - Generative AI
    - 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
        
        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
  - 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
      - Machine Vision
      - Generative AI
    - 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
        
        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
- 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
    - Machine Vision
    - Generative AI
  - 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
      - 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
  - UK
    - UK Artificial Intelligence Market, By Solution
      - Hardware
        
        Accelerators
        
        Processors
        
        Memory
        
        Network
      - Software
      - Services
        
        Professional
        
        Managed
    - UK Artificial Intelligence Market, By Technology
      - Deep Learning
      - Machine Learning
      - Natural Language Processing
      - Machine Vision
      - Generative AI
    - UK Artificial Intelligence Market, By Function
      - Cybersecurity
      - Finance and Accounting
      - Human Resource Management
      - Legal and Compliance
      - Operations
      - Sales and Marketing
      - Supply Chain Management
    - UK Artificial Intelligence Market, By End-Use
      - 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
  - 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
      - Machine Vision
      - Generative AI
    - 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
        
        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
  - 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
      - Machine Vision
      - Generative AI
    - 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
        
        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
- 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
    - Machine Vision
    - Generative AI
  - 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
      - 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
  - 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
      - Machine Vision
      - Generative AI
    - 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
        
        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
  - 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
      - Machine Vision
      - Generative AI
    - 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
        
        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
  - 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
      - Machine Vision
      - Generative AI
    - 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
        
        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
  - South Korea
    - South Korea Artificial Intelligence Market, By Solution
      - Hardware
        
        Accelerators
        
        Processors
        
        Memory
        
        Network
      - Software
      - Services
        
        Professional
        
        Managed
    - South Korea Artificial Intelligence Market, By Technology
      - Deep Learning
      - Machine Learning
      - Natural Language Processing
      - Machine Vision
      - Generative AI
    - South Korea Artificial Intelligence Market, By Function
      - Cybersecurity
      - Finance and Accounting
      - Human Resource Management
      - Legal and Compliance
      - Operations
      - Sales and Marketing
      - Supply Chain Management
    - South Korea Artificial Intelligence Market, By End-Use
      - 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
  - Australia
    - Australia Artificial Intelligence Market, By Solution
      - Hardware
        
        Accelerators
        
        Processors
        
        Memory
        
        Network
      - Software
      - Services
        
        Professional
        
        Managed
    - Australia Artificial Intelligence Market, By Technology
      - Deep Learning
      - Machine Learning
      - Natural Language Processing
      - Machine Vision
      - Generative AI
    - Australia Artificial Intelligence Market, By Function
      - Cybersecurity
      - Finance and Accounting
      - Human Resource Management
      - Legal and Compliance
      - Operations
      - Sales and Marketing
      - Supply Chain Management
    - Australia Artificial Intelligence Market, By End-Use
      - 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
- Latin America
  - Latin America Artificial Intelligence Market, By Solution
    - Hardware
      - Accelerators
      - Processors
      - Memory
      - Network
    - Software
    - Services
      - Professional
      - Managed
  - Latin America Artificial Intelligence Market, By Technology
    - Deep Learning
    - Machine Learning
    - Natural Language Processing
    - Machine Vision
    - Generative AI
  - Latin America Artificial Intelligence Market, By Function
    - Cybersecurity
    - Finance and Accounting
    - Human Resource Management
    - Legal and Compliance
    - Operations
    - Sales and Marketing
    - Supply Chain Management
  - Latin America Artificial Intelligence Market, By End-Use
    - 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
  - 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
      - Machine Vision
      - Generative AI
    - 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
        
        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
  - 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
      - Machine Vision
      - Generative AI
    - 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
        
        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
- 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
    - Machine Vision
    - Generative AI
  - 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
      - 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
  - KSA
    - KSA Artificial Intelligence Market, By Solution
      - Hardware
        
        Accelerators
        
        Processors
        
        Memory
        
        Network
      - Software
      - Services
        
        Professional
        
        Managed
    - KSA Artificial Intelligence Market, By Technology
      - Deep Learning
      - Machine Learning
      - Natural Language Processing
      - Machine Vision
      - Generative AI
    - KSA Artificial Intelligence Market, By Function
      - Cybersecurity
      - Finance and Accounting
      - Human Resource Management
      - Legal and Compliance
      - Operations
      - Sales and Marketing
      - Supply Chain Management
    - KSA Artificial Intelligence Market, By End-Use
      - 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
  - UAE
    - UAE Artificial Intelligence Market, By Solution
      - Hardware
        
        Accelerators
        
        Processors
        
        Memory
        
        Network
      - Software
      - Services
        
        Professional
        
        Managed
    - UAE Artificial Intelligence Market, By Technology
      - Deep Learning
      - Machine Learning
      - Natural Language Processing
      - Machine Vision
      - Generative AI
    - UAE Artificial Intelligence Market, By Function
      - Cybersecurity
      - Finance and Accounting
      - Human Resource Management
      - Legal and Compliance
      - Operations
      - Sales and Marketing
      - Supply Chain Management
    - UAE Artificial Intelligence Market, By End-Use
      - 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
  - South Africa
    - South Africa Artificial Intelligence Market, By Solution
      - Hardware
        
        Accelerators
        
        Processors
        
        Memory
        
        Network
      - Software
      - Services
        
        Professional
        
        Managed
    - South Africa Artificial Intelligence Market, By Technology
      - Deep Learning
      - Machine Learning
      - Natural Language Processing
      - Machine Vision
      - Generative AI
    - South Africa Artificial Intelligence Market, By Function
      - Cybersecurity
      - Finance and Accounting
      - Human Resource Management
      - Legal and Compliance
      - Operations
      - Sales and Marketing
      - Supply Chain Management
    - South Africa Artificial Intelligence Market, By End-Use
      - 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 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 2017 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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