US Artificial Intelligence Market Size, Share, Trends 2021-2026

*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.

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

Market Overview:

The United States artificial intelligence market is currently witnessing robust growth. Artificial intelligence (AI) aims to simulate human intelligence for developing programmable machines. These machines are capable of learning, planning, recognizing human-like speech and problem-solving based on past experiences. They comprise hardware components like chipsets with high computing capabilities, including graphics processing unit (GPU), application-specific integrated circuits (ASIC), central processing unit (CPU) and field-programmable gate array (FPGA). On the other hand, the software components include core technologies, such as deep learning, natural language processing (NLP), machine learning (ML) and augmented and virtual reality (AR/VR), which can process data and provide meaningful insights.

Digitalization, along with significant reliance on smart devices, has resulted in the increasing use of AI-integrated systems for analyzing large amounts of data and improving overall operational efficiency in the United States. For instance, Netflix, Inc., an American media service provider, relies on AI-driven data insights to provide suggestions to users according to their viewing history. Other factors like high demand for intelligent virtual assistants, increasing use of AI-powered industrial and surgical robots and the expansion of the 5G infrastructure are positively influencing the market in the country. Looking forward, the market is expected to witness robust growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States 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:

Northeast
Midwest
South
West

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	Northeast, Midwest, South, West
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
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 United States 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 United States 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 United States artificial intelligence market and who are the key players?
What is the degree of competition in the industry?