*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

India Artificial Intelligence Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The India artificial intelligence market is expected to exhibit robust growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. 

Artificial intelligence (AI) refers to the potential of a machine to mimic the capabilities of the human mind. It assists in learning, planning, recognizing human-like speech and solving problems according to past experiences. It comprises hardware components, including central processing unit (CPU), graphics processing unit (GPU), field-programmable gate array (FPGA) and application-specific integrated circuits (ASIC). It also has software components like deep learning, natural language processing (NLP) and machine learning (ML), which provide meaningful insights and process large amounts of data.

At present, the demand for AI-integrated systems is rising across India on account of rapid digitization in various industries, such as banking, financial services and insurance (BFSI), telecommunication, healthcare and automotive. Moreover, the flourishing Information and Technology (IT) industry, coupled with the increasing use of cloud-based applications, is driving the sales of these systems in the country. Additionally, benefits offered by AI-integrated systems including, analysis of large amounts of data, consumer experience across several industries and extraction of insights regarding overall operational efficacy, is strengthening the market growth. Apart from this, the outbreak of coronavirus disease (COVID-19) has propelled various industries to invest in the research and development (R&D) of AI, which is offering a positive market outlook.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India artificial intelligence market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type, offering, technology, system and end-use industry.

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 India
  • West and Central India
  • South India
  • East India
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverages:

Report Features Details
Base Year of the Analysis 2020
 Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Million
Segment Coverage Type, Offering, Technology, System, End-Use Industry, Region
Region Covered North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 2999
Corporate License: US$ 3499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the India artificial intelligence market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the India artificial intelligence market?
  • 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 India 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    India Artificial Intelligence Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    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 Offering 
    7.1    Hardware
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Software
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Services
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Technology
    8.1    Machine Learning
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Natural Language Processing
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Context-Aware Computing
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Computer Vision
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by System
    9.1    Intelligence Systems
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Decision Support Processing
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Hybrid Systems
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Fuzzy Systems
        9.4.1 Market Trends
        9.4.2 Market Forecast
10    Market Breakup by End-Use Industry
    10.1    Healthcare
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Manufacturing
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Automotive
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    Agriculture
        10.4.1 Market Trends
        10.4.2 Market Forecast
    10.5    Retail
        10.5.1 Market Trends
        10.5.2 Market Forecast
    10.6    Security
        10.6.1 Market Trends
        10.6.2 Market Forecast
    10.7    Human Resources
        10.7.1 Market Trends
        10.7.2 Market Forecast
    10.8    Marketing
        10.8.1 Market Trends
        10.8.2 Market Forecast
    10.10    Financial Services
        10.10.1 Market Trends
        10.10.2 Market Forecast
    10.10    Transportation and Logistics
        10.10.1 Market Trends
        10.10.2 Market Forecast
    10.11    Others
        10.11.1 Market Trends
        10.11.2 Market Forecast
11    Market Breakup by Region
    11.1    North India
        11.1.1 Market Trends
        11.1.2 Market Breakup by State
        11.1.3 Market Forecast
    11.2    West and Central India
        11.2.1 Market Trends
        11.2.2 Market Breakup by State
        11.2.3 Market Forecast
    11.3    South India
        11.3.1 Market Trends
        11.3.2 Market Breakup by State
        11.3.3 Market Forecast
    11.4    East India 
        11.4.1 Market Trends
        11.4.2 Market Breakup by State
        11.4.3 Market Forecast 
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis

    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Indicators
16    Policy and Regulatory Landscape
17    Competitive Landscape

    17.1    Market Structure
    17.2    Key Players
    17.3    Profiles of Key Players

List of Figures

Figure 1: India: Artificial Intelligence Market: Major Drivers and Challenges
Figure 2: India: Artificial Intelligence Market: Sales Value (in Million US$), 2015-2020
Figure 3: India: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: India: Artificial Intelligence Market: Breakup by Type (in %), 2020
Figure 5: India: Artificial Intelligence Market: Breakup by Offering (in %), 2020
Figure 6: India: Artificial Intelligence Market: Breakup by Technology (in %), 2020
Figure 7: India: Artificial Intelligence Market: Breakup by System (in %), 2020
Figure 8: India: Artificial Intelligence Market: Breakup by End-Use Industry (in %), 2020
Figure 9: India: Artificial Intelligence Market: Breakup by Region (in %), 2020
Figure 10: India: Artificial Intelligence (Narrow/Weak Artificial Intelligence) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: India: Artificial Intelligence (Narrow/Weak Artificial Intelligence) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: India: Artificial Intelligence (General/Strong Artificial Intelligence) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: India: Artificial Intelligence (General/Strong Artificial Intelligence) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: India: Artificial Intelligence (Hardware) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: India: Artificial Intelligence (Hardware) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: India: Artificial Intelligence (Software) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: India: Artificial Intelligence (Software) Market Forecast (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: India: Artificial Intelligence (Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: India: Artificial Intelligence (Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: India: Artificial Intelligence (Machine Learning) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: India: Artificial Intelligence (Machine Learning) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: India: Artificial Intelligence (Natural Language Processing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: India: Artificial Intelligence (Natural Language Processing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: India: Artificial Intelligence (Context-Aware Computing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: India: Artificial Intelligence (Context-Aware Computing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: India: Artificial Intelligence (Computer Vision) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: India: Artificial Intelligence (Computer Vision) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: India: Artificial Intelligence (Other Technologies) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: India: Artificial Intelligence (Other Technologies) Market Forecast (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: India: Artificial Intelligence (Intelligence Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: India: Artificial Intelligence (Intelligence Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: India: Artificial Intelligence (Decision Support Processing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: India: Artificial Intelligence (Decision Support Processing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: India: Artificial Intelligence (Hybrid Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: India: Artificial Intelligence (Hybrid Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: India: Artificial Intelligence (Fuzzy Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: India: Artificial Intelligence (Fuzzy Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: India: Artificial Intelligence (Healthcare) Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: India: Artificial Intelligence (Healthcare) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: India: Artificial Intelligence (Manufacturing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: India: Artificial Intelligence (Manufacturing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: India: Artificial Intelligence (Automotive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: India: Artificial Intelligence (Automotive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: India: Artificial Intelligence (Agriculture) Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: India: Artificial Intelligence (Agriculture) Market Forecast (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: India: Artificial Intelligence (Retail) Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: India: Artificial Intelligence (Retail) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: India: Artificial Intelligence (Security) Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: India: Artificial Intelligence (Security) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: India: Artificial Intelligence (Human Resources) Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: India: Artificial Intelligence (Human Resources) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: India: Artificial Intelligence (Marketing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: India: Artificial Intelligence (Marketing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: India: Artificial Intelligence (Financial Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: India: Artificial Intelligence (Financial Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: India: Artificial Intelligence (Transportation and Logistics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: India: Artificial Intelligence (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: India: Artificial Intelligence (Other End-Use Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: India: Artificial Intelligence (Other End-Use Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: North India: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: North India: Artificial Intelligence Market: Breakup by State (in %), 2020
Figure 62: North India: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: West and Central India: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: West and Central India: Artificial Intelligence Market: Breakup by State (in %), 2020
Figure 65: West and Central India: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: South India: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: South India: Artificial Intelligence Market: Breakup by State (in %), 2020
Figure 68: South India: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: East India: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: East India: Artificial Intelligence Market: Breakup by State (in %), 2020
Figure 71: East India: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: India: Artificial Intelligence Industry: SWOT Analysis
Figure 73: India: Artificial Intelligence Industry: Value Chain Analysis
Figure 74: India: Artificial Intelligence Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: India: Artificial Intelligence Market: Key Industry Highlights, 2020 and 2026
Table 2: India: Artificial Intelligence Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: India: Artificial Intelligence Market Forecast: Breakup by Offering (in Million US$), 2021-2026
Table 4: India: Artificial Intelligence Market Forecast: Breakup by Technology (in Million US$), 2021-2026
Table 5: India: Artificial Intelligence Market Forecast: Breakup by System (in Million US$), 2021-2026
Table 6: India: Artificial Intelligence Market Forecast: Breakup by End-Use Industry (in Million US$), 2021-2026
Table 7: India: Artificial Intelligence Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 8: India: Artificial Intelligence Market: Competitive Structure
Table 9: India: Artificial Intelligence Market: Key Players

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