The global artificial intelligence market is currently witnessing robust growth. Artificial Intelligence (AI) refers to a branch of computer science that aims to simulate human intelligence for developing programmable machines. AI-integrated machines are capable of human-like speech-recognition, learning, planning and problem solving based on past experiences. The hardware components of AI include various chipsets with high computing capabilities, such as graphics processing unit (GPU), central processing unit (CPU), application-specific integrated circuits (ASIC), and field-programmable gate array (FPGA). The software components include core technologies such as natural language processing (NLP), deep learning, machine learning (ML) and augmented and virtual reality (AR/VR), which can process large amounts of data and provide meaningful insights.
The market is primarily driven by the significant growth in the information technology (IT) industry, along with the growing utilization of cloud-based applications across the globe. The increasing digitization in various industries, such as telecommunication, healthcare, automotive and banking, financial services and insurance (BFSI), has led to the extensive utilization of AI-integrated systems for analyzing large amounts of data and extracting insights regarding overall operational efficiencies and consumer experience. Furthermore, the increasing deployment of 5G infrastructure and the rising demand for intelligent virtual assistants are also providing a boost to the market growth. Various social media and e-commerce platforms are employing AI-based algorithms, recommendation engines, chatbots and pricing optimization, lead generation and supply chain optimization systems to enhance their customer engagement. Other factors, including the development of AI-powered industrial and surgical robots, along with increasing investments to improve the AI infrastructure, are projected to drive the market further. Looking forward, IMARC Group expects the market to register a CAGR of around 35% during 2020-2025.
Breakup by Type:
- Narrow/Weak Artificial Intelligence
- General/Strong Artificial Intelligence
Breakup by Offering:
- Hardware
- Software
- Services
Breakup by Technology:
- Machine Learning
- Natural Language Processing
- Context-Aware Computing
- Computer Vision
- Others
Breakup by System:
- Intelligence Systems
- Decision Support Processing
- Hybrid Systems
- Fuzzy Systems
Breakup by End-Use Industry:
- Healthcare
- Manufacturing
- Automotive
- Agriculture
- Retail
- Security
- Human Resources
- Marketing
- Financial Services
- Transportation and Logistics
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Amazon Web Services Inc., Apple Inc., Baidu, Cisco Systems Inc., Facebook Inc., General Electric Company, Google LLC (Alphabet Inc.), International Business Machines, Intel Corporation, Micron Technology Inc., Microsoft Corporation, Nvidia Corporation, Oracle Corporation, Rockwell Automation Inc., Samsung Electronics Co. Ltd., SAP SE, Siemens AG, etc.
Key Questions Answered in This Report:
- How has the global artificial intelligence market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the offering?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the system?
- What is the breakup of the market based on the end-use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global artificial intelligence market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Artificial Intelligence Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Type
6.1 Narrow/Weak Artificial Intelligence
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 General/Strong Artificial Intelligence
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Technology
7.1 Machine Learning
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Natural Language Processing
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Context-Aware Computing
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Computer Vision
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by System
8.1 Intelligence Systems
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Decision Support Processing
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Hybrid Systems
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Fuzzy Systems
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by End-Use Industry
9.1 Healthcare
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Manufacturing
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Automotive
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Agriculture
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Retail
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Security
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Human Resources
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Marketing
9.8.1 Market Trends
9.8.2 Market Forecast
9.9 Financial Services
9.9.1 Market Trends
9.9.2 Market Forecast
9.10 Transportation and Logistics
9.10.1 Market Trends
9.10.2 Market Forecast
9.11 Others
9.11.1 Market Trends
9.11.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Indicators
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Amazon Web Services Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Apple Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Baidu
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Cisco Systems Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Facebook Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 General Electric Company
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Google LLC (Alphabet Inc.)
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8.3 SWOT Analysis
15.3.8 International Business Machines
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Intel Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Micron Technology Inc.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Microsoft Corporation
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Nvidia Corporation
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
15.3.13 Oracle Corporation
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 Financials
15.3.13.4 SWOT Analysis
15.3.14 Rockwell Automation Inc.
15.3.14.1 Company Overview
15.3.14.2 Product Portfolio
15.3.14.3 Financials
15.3.14.4 SWOT Analysis
15.3.15 Samsung Electronics Co. Ltd.
15.3.15.1 Company Overview
15.3.15.2 Product Portfolio
15.3.15.3 Financials
15.3.15.4 SWOT Analysis
15.3.16 SAP SE
15.3.16.1 Company Overview
15.3.16.2 Product Portfolio
15.3.16.3 Financials
15.3.16.4 SWOT Analysis
15.3.17 Siemens AG
15.3.17.1 Company Overview
15.3.17.2 Product Portfolio
15.3.17.3 Financials
15.3.17.4 SWOT Analysis
List of Figures
Figure 1: Global: Artificial Intelligence Market: Major Drivers and Challenges
Figure 2: Global: Artificial Intelligence Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Artificial Intelligence Market: Breakup by Type (in %), 2019
Figure 4: Global: Artificial Intelligence Market: Breakup by Offering (in %), 2019
Figure 5: Global: Artificial Intelligence Market: Breakup by Technology (in %), 2019
Figure 6: Global: Artificial Intelligence Market: Breakup by System (in %), 2019
Figure 7: Global: Artificial Intelligence Market: Breakup by End-Use Industry (in %), 2019
Figure 8: Global: Artificial Intelligence Market: Breakup by Region (in %), 2019
Figure 9: Global: Artificial Intelligence Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 10: Global: Artificial Intelligence (Narrow/Weak Artificial Intelligence) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Artificial Intelligence (Narrow/Weak Artificial Intelligence) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Artificial Intelligence (General/Strong Artificial Intelligence) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Artificial Intelligence (General/Strong Artificial Intelligence) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Artificial Intelligence (Hardware) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Artificial Intelligence (Hardware) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Artificial Intelligence (Software) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Artificial Intelligence (Software) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Artificial Intelligence (Services) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Artificial Intelligence (Services) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Artificial Intelligence (Machine Learning) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Artificial Intelligence (Machine Learning) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Artificial Intelligence (Natural Language Processing) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Artificial Intelligence (Natural Language Processing) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Artificial Intelligence (Context-Aware Computing) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Artificial Intelligence (Context-Aware Computing) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Artificial Intelligence (Computer Vision) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Artificial Intelligence (Computer Vision) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: Global: Artificial Intelligence (Others) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: Global: Artificial Intelligence (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: Global: Artificial Intelligence (Intelligence Systems) Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: Global: Artificial Intelligence (Intelligence Systems) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: Global: Artificial Intelligence (Decision Support Processing) Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: Global: Artificial Intelligence (Decision Support Processing) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: Global: Artificial Intelligence (Hybrid Systems) Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: Global: Artificial Intelligence (Hybrid Systems) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: Global: Artificial Intelligence (Fuzzy Systems) Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: Global: Artificial Intelligence (Fuzzy Systems) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: Global: Artificial Intelligence (Healthcare) Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: Global: Artificial Intelligence (Healthcare) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: Global: Artificial Intelligence (Manufacturing) Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: Global: Artificial Intelligence (Manufacturing) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: Global: Artificial Intelligence (Automotive) Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: Global: Artificial Intelligence (Automotive) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: Global: Artificial Intelligence (Agriculture) Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: Global: Artificial Intelligence (Agriculture) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: Global: Artificial Intelligence (Retail) Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: Global: Artificial Intelligence (Retail) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: Global: Artificial Intelligence (Security) Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: Global: Artificial Intelligence (Security) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: Global: Artificial Intelligence (Human Resources) Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: Global: Artificial Intelligence (Human Resources) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 52: Global: Artificial Intelligence (Marketing) Market: Sales Value (in Million US$), 2014 & 2019
Figure 53: Global: Artificial Intelligence (Marketing) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: Global: Artificial Intelligence (Financial Services) Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: Global: Artificial Intelligence (Financial Services) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: Global: Artificial Intelligence (Transportation and Logistics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 57: Global: Artificial Intelligence (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 58: Global: Artificial Intelligence (Others) Market: Sales Value (in Million US$), 2014 & 2019
Figure 59: Global: Artificial Intelligence (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 60: North America: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 61: North America: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 62: United States: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 63: United States: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 64: Canada: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 65: Canada: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 66: Asia Pacific: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 67: Asia Pacific: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 68: China: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 69: China: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 70: Japan: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 71: Japan: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 72: India: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 73: India: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 74: South Korea: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 75: South Korea: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 76: Australia: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 77: Australia: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 78: Indonesia: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 79: Indonesia: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 80: Others: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 81: Others: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 82: Europe: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 83: Europe: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 84: Germany: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 85: Germany: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 86: France: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 87: France: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 88: United Kingdom: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 89: United Kingdom: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 90: Italy: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 91: Italy: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 92: Spain: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 93: Spain: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 94: Russia: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 95: Russia: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 96: Others: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 97: Others: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 98: Latin America: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 99: Latin America: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 100: Brazil: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 101: Brazil: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 102: Mexico: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 103: Mexico: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 104: Others: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 105: Others: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 106: Middle East and Africa: Artificial Intelligence Market: Sales Value (in Million US$), 2014 & 2019
Figure 107: Middle East and Africa: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 108: Global: Artificial Intelligence Industry: SWOT Analysis
Figure 109: Global: Artificial Intelligence Industry: Value Chain Analysis
Figure 110: Global: Artificial Intelligence Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Artificial Intelligence Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Artificial Intelligence Market Forecast: Breakup by Type (in Million US$), 2020-2025
Table 3: Global: Artificial Intelligence Market Forecast: Breakup by Offering (in Million US$), 2020-2025
Table 4: Global: Artificial Intelligence Market Forecast: Breakup by Technology (in Million US$), 2020-2025
Table 5: Global: Artificial Intelligence Market Forecast: Breakup by System (in Million US$), 2020-2025
Table 6: Global: Artificial Intelligence Market Forecast: Breakup by End-Use Industry (in Million US$), 2020-2025
Table 7: Global: Artificial Intelligence Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 8: Global: Artificial Intelligence Market Structure
Table 9: Global: Artificial Intelligence Market: Key Players