Global Artificial Intelligence (AI) Market: Investments vs Potential

Report Highlights:

The global artificial intelligence (AI) market should reach $132.9 billion by 2024 from $26.2 billion in 2019 at a compound annual growth rate (CAGR) of 38.4% for the forecast period of 2019 to 2024.

The software segment of the global AI market is expected to grow from $11.5 billion in 2019 to $63.3 billion in 2024 at a CAGR of 40.8% for the forecast period of 2019 to 2024.

The services segment of the global AI market is expected to grow from $7.4 billion in 2019 to $38.3 billion in 2024 at a CAGR of 38.9% for the forecast period of 2019 to 2024.

Report Scope:

The scope of this report is broad and covers the global markets for artificial intelligence, which is increasingly being implemented across a wide range of industries for various applications. The market is broken down by solution, end-user industry, technology and region. Revenue forecasts from 2019 to 2024 are presented for each type, technology, end-user industry, and regional market.

The report also includes a discussion of the major players in each regional market for artificial intelligence. It explains the major market drivers of the global market, current trends in the industry and the regional dynamics of the artificial intelligence market. The report concludes with detailed profiles of major vendors in the global artificial intelligence industry.

Report Includes:

• 88 tables

• An overview of the global market and technologies for artificial intelligence (AI)

• Analyses of market trends, with data from 2018, 2019 and projections of compound annual growth rates (CAGRs) through 2024

• Discussion on market drivers, restraints, current trends and investments in artificial intelligence market

• Knowledge about machine learning, natural language processing (NLP), context aware computing and computer vision

• Assessment of current market size, market forecast, and market share analysis of the leading suppliers of the industry

• Information on mergers & acquisitions, partnerships, and expansion in artificial intelligence market

• Detailed profiles of key companies in the industry, including Amazon, Cisco Systems Inc., Facebook Inc., General Electric, Intel Corp., Microsoft Corp., Oracle Corp., Salesforce Inc., and Samsung Electronics Co. Ltd.

Table of Contents

Chapter 1: Introduction

• Study Goals and Objectives
• Reasons for Doing This Study
• Intended Audience
  • Recent Developments
• Scope of Report
• Information Sources
• Methodology
• Geographic Breakdown
• Analyst's Credentials
• BCC Custom Research
• Related BCC Research Reports

Chapter 2: Summary and Highlights

Chapter 3: Market and Technology Background

• Introduction
• AI Based on Functionality
  • Reactive Machines
  • Limited Memory
  • Theory of Mind
  • Self-Aware
• AI Based on Capability
  • Artificial Narrow Intelligence (ANI)
  • Artificial General Intelligence (AGI)
  • Artificial Superintelligence (ASI)
• Mergers and Acquisitions
• AI Solutions
  • AI Hardware
  • AI Software
  • AI Services
• AI Technologies
  • Machine Learning (ML)
  • Natural Language Processing (NLP)
  • Context-Aware Computing
  • Computer Vision
• AI by End-User Industry
  • Healthcare
  • Manufacturing
  • Automotive
  • Agriculture
  • Retail
  • Security and Surveillance
  • Human Resources
  • Marketing
  • Banking, Financial Services, and Insurance (BFSI)
  • Legal

Chapter 4: Global Market for Artificial Intelligence

• Global Market for AI by Technology
• Global Market for AI by Solution
• Global Market for AI by End-User Industry
• Global Market for AI by Region
• Global Market for AI Hardware by Type
• Global Market for AI Processors by Type
• Global Market for AI Hardware by End-User Industry
• Global Market for AI Software by End-User Industry
• Global Market for AI Services by End-User Industry

Chapter 5: Global Market for Artificial Intelligence Applications by End-User Industry

• Global Market for AI in Healthcare Industry Applications
  • Global Market for AI in the Healthcare Industry by Region
• Global Market for AI in Manufacturing Industry Applications
  • Global Market for AI in the Manufacturing Industry by Region
• Global Market for AI in Automotive Industry Applications
  • Global Market for AI in the Automotive Industry by Region
• Global Market for AI in Agriculture Industry Applications
  • Global Market for AI in the Agriculture Industry by Region
• Global Market for AI in Retail Industry Applications
  • Global Market for AI in the Retail Industry by Region
• Global Market for AI in Security Industry Applications
  • Global Market for AI in the Security Industry by Region
• Global Market for AI in Human Resource Industry Applications
  • Global Market for AI in the Human Resource Industry by Region
• Global Market for AI in Marketing Industry Applications
  • Global Market for AI in the Marketing Industry by Region
• Global Market for AI in BFSI Industry Applications
  • Global Market for AI in the BFSI Industry by Region
• Global Market for AI in Legal Industry Applications
  • Global Market for AI in the Legal Industry by Region

Chapter 6: Global Market for Artificial Intelligence by Region/Country

• North American Market
  • U.S. Market
  • Canadian Market
  • Mexican Market
• European Market
  • German Market
  • U.K. Market
  • French Market
  • Italian Market
  • Rest of European Market
• Asia-Pacific Market
  • Chinese Market
  • Indian Market
  • Japanese Market
  • Rest of Asia-Pacific Market
• South American Market
  • Brazilian Market
  • Rest of South American Market
• ROW Market
  • Middle Eastern Market
  • African Market

Chapter 7: Market Drivers and Challenges

• Drivers
  • Rising Adoption of AI Among Businesses to Enhance Customer Service
  • Growing Interest and Investments in AI Technologies
  • Increasing Demand to Analyze and Interpret Large Amounts of Data
  • Cloud-Based Applications and Services Gaining Traction
• Challenges
  • Irregularity of AI Algorithms
  • Growing Concerns Regarding Data Privacy

Chapter 8: Patent Review

• Recent Patents

Chapter 9: Company Profiles

• ADAPTEVA INC.
• AGEAGLE AERIAL SYSTEM INC. (AGRIBOTIX LLC)
• AIBRAIN INC.
• AMAZON
• APPIER INC.
• APPLIED BRAIN RESEARCH
• ATOMWISE INC.
• BAIDU INC.
• CISCO SYSTEMS INC.
• CYLANCE INC.
• DARKTRACE
• DESCARTES LAB INC.
• DIDI CHUXING
• DRAWBRIDGE INC.
• EC2CE
• FACE++
• FACEBOOK INC.
• GAMAYA
• GENERAL ELECTRIC
• GENERAL VISION
• GOOGLE LLC
• GRAPHCORE
• GUMGUM INC.
• IBM
• INBENTA INC.
• INTEL CORP.
• IRIS AUTOMATION INC.
• KONIKU INC.
• MARIANA
• MELLANOX TECHNOLOGIES INC.
• MICRON TECHNOLOGY INC.
• MICROSOFT CORP.
• MYTHIC
• NARRATIVE SCIENCE
• NEURALA INC.
• NVIDIA CORP.
• ORACLE CORP.
• PERSADO
• PILOT AI LABS INC.
• PRECISION HAWK
• PREFERRED NETWORKS INC.
• PROGRESS DATARPM
• ROCKWELL AUTOMATION INC.
• SALESFORCE INC.
• SAMSUNG ELECTRONIC CO. LTD.
• SAP
• SAS INSTITUTE INC.
• SENTIENT TECHNOLOGIES
• SIEMENS
• SK HYNIX INC.
• TENSTORRENT INC.
• TWITTER INC.
• VICARIOUS
• WAVE COMPUTING INC.
• XANT
• XILINX INC.
• ZENSED
• ZEPHYR HEALTH
• ZOOX INC.
• ZYLAB TECHNOLOGIES

List of Tables

• Summary Table: Global Market for AI, by Solution, Through 2024
  • Table 1: Global Market for AI, by Technology, Through 2024
  • Table 2: Global Market for AI, by Solution, Through 2024
  • Table 3: Global Market for AI, by End-User Industry, Through 2024
  • Table 4: Global Market for AI, by Region, Through 2024
  • Table 5: Global Market for AI Hardware, by Type, Through 2024
  • Table 6: Global Market for AI Processors, by Type, Through 2024
  • Table 7: Global Market for AI Hardware, by End-User Industry, Through 2024
  • Table 8: Global Market for AI Software, by End-User Industry, Through 2024
  • Table 9: Global Market for AI Services, by End-User Industry, Through 2024
  • Table 10: Global Market for AI in the Healthcare Industry, by Application, Through 2024
  • Table 11: Global Market for AI in the Healthcare Industry, by Region, Through 2024
  • Table 12: Global Market for AI in the Manufacturing Industry, by Application, Through 2024
  • Table 13: Global Market for AI in the Manufacturing Industry, by Region, Through 2024
  • Table 14: Global Market for AI in the Automotive Industry, by Application, Through 2024
  • Table 15: Global Market for AI in the Automotive Industry, by Region, Through 2024
  • Table 16: Global Market for AI in the Agriculture Industry, by Application, Through 2024
  • Table 17: Global Market for AI in the Agriculture Industry, by Region, Through 2024
  • Table 18: Global Market for AI in the Retail Industry, by Application, Through 2024
  • Table 19: Global Market for AI in the Retail Industry, by Region, Through 2024
  • Table 20: Global Market for AI in the Security Industry, by Application, Through 2024
  • Table 21: Global Market for AI in the Security Industry, by Region, Through 2024
  • Table 22: Global Market for AI in the Human Resource Industry, by Application, Through 2024
  • Table 23: Global Market for AI in the Human Resource Industry, by Region, Through 2024
  • Table 24: Global Market for AI in the Marketing Industry, by Application, Through 2024
  • Table 25: Global Market for AI in the Marketing Industry, by Region, Through 2024
  • Table 26: Global Market for AI in the BFSI Industry, by Application, Through 2024
  • Table 27: Global Market for AI in the BFSI Industry, by Region, Through 2024
  • Table 28: Global Market for AI in the Legal Industry, by Application, Through 2024
  • Table 29: Global Market for AI in the Legal Industry, by Region, Through 2024
  • Table 30: North American Market for AI, by Country, Through 2024
  • Table 31: U.S. Market for AI, by End-User Industry, Through 2024
  • Table 32: Canadian Market for AI, by End-User Industry, Through 2024
  • Table 33: Mexican Market for AI, by End-User Industry, Through 2024
  • Table 34: European Market for AI, by Country, Through 2024
  • Table 35: German Market for AI, by End-User Industry, Through 2024
  • Table 36: U.K. Market for AI, by End-User Industry, Through 2024
  • Table 37: French Market for AI, by End-User Industry, Through 2024
  • Table 38: Italian Market for AI, by End-User Industry, Through 2024
  • Table 39: Rest of European Market for AI, by End-User Industry, Through 2024
  • Table 40: Asia-Pacific Market for AI, by Country, Through 2024
  • Table 41: Chinese Market for AI, by End-User Industry, Through 2024
  • Table 42: Indian Market for AI, by End-User Industry, Through 2024
  • Table 43: Japanese Market for AI, by End-User Industry, Through 2024
  • Table 44: Rest of Asia-Pacific Market for AI, by End-User Industry, Through 2024
  • Table 45: South American Market for AI, by Country, Through 2024
  • Table 46: Brazilian Market for AI, by End-User Industry, Through 2024
  • Table 47: Rest of South American Market for AI, by End-User Industry, Through 2024
  • Table 48: ROW Market for AI, by Country/Region, Through 2024
  • Table 49: Middle Eastern Market for AI, by End-User Industry, Through 2024
  • Table 50: African Market for AI, by End-User Industry, Through 2024
  • Table 51: Acceptance of AI Chatbots by Customer, by Industry
  • Table 52: Benefits of Chatbots According to Customers
  • Table 53: How Consumers are Using Chatbots
  • Table 54: Reasons for Using Chatbots as a Communication Channel by Customer, by Country
  • Table 55: Technologies with the Highest Projected Two-Year Growth, 2019
  • Table 56: Current and Future Values of AI in Online Advertising Applications, 2018
  • Table 57: Use Cases of Machine Learning in the Global Retail Industry, 2019
  • Table 58: Top Challenges Faced by Professional Practicing Data Science at Work
  • Table 59: Top Factors That Will Drive the Public Cloud Engagement in 2020
  • Table 60: U.S. Patents and Patent Applications Filed on AI Technologies
  • Table 61: U.S. Patents and Patent Applications Filed on Machine Learning Technologies
  • Table 62: U.S. Patents and Patent Applications Filed on Deep Learning Technologies
  • Table 63: U.S. Patents and Patent Applications Filed on Natural Language Processing Technologies
  • Table 64: U.S. Patents and Patent Applications Filed on Context-Aware Processing Technologies
  • Table 65: U.S. Patents and Patent Applications Filed on Computer Vision Technologies
  • Table 66: Amazon: Recent Financial Performance, Through 2018
  • Table 67: Baidu Inc.: Recent Financial Performance, Through 2018
  • Table 68: Cisco Systems Inc.: Recent Financial Performance, Through 2018
  • Table 69: Facebook Inc.: Recent Financial Performance, Through 2018
  • Table 70: General Electric: Recent Financial Performance, Through 2018
  • Table 71: Google LLC: Recent Financial Performance, Through 2018
  • Table 72: IBM: Recent Financial Performance, Through 2018
  • Table 73: Intel Corp.: Recent Financial Performance, Through 2018
  • Table 74: Mellanox Technologies Inc.: Recent Financial Performance, Through 2018
  • Table 75: Micron Technology Inc.: Recent Financial Performance, Through 2018
  • Table 76: Microsoft Corp.: Recent Financial Performance, Through 2018
  • Table 77: Nvidia Corp.: Recent Financial Performance, Through 2018
  • Table 78: Oracle Corp.: Recent Financial Performance, Through 2018
  • Table 79: Progress DataRPM: Recent Financial Performance, Through 2018
  • Table 80: Rockwell Automation Inc.: Recent Financial Performance, Through 2018
  • Table 81: Salesforce Inc.: Recent Financial Performance, Through 2018
  • Table 82: Samsung Electronics Co. Ltd.: Recent Financial Performance, Through 2018
  • Table 83: SAP: Recent Financial Performance, Through 2018
  • Table 84: Siemens Inc.: Recent Financial Performance, Through 2018
  • Table 85: SK Hynix Inc.: Recent Financial Performance, Through 2018
  • Table 86: Twitter Inc.: Recent Financial Performance, Through 2018
  • Table 87: Xilinx Inc.: Recent Financial Performance, Through 2018

List of Figures

• Summary Figure: Global Market Shares of AI, by Solution, 2019 and 2024
  • Figure 1: Chinese AI Investment Shares, by Sector, 2010-2017
  • Figure 2: Global Market Shares of AI, by Technology, 2019 and 2024
  • Figure 3: Global Market Shares of AI, by Solution, 2019 and 2024
  • Figure 4: Global Market Shares of AI, by End-User Industry, 2019 and 2024
  • Figure 5: Global Market Shares of AI, by Region, 2019 and 2024
  • Figure 6: Global Market Shares of AI Hardware, by Type, 2019 and 2024
  • Figure 7: Global Market Shares of AI Processors, by Type, 2019 and 2024
  • Figure 8: Global Market Shares of AI Hardware, by End-User Industry, 2019 and 2024
  • Figure 9: Global Market Shares of AI Software, by End-User Industry, 2019 and 2024
  • Figure 10: Global Market Shares of AI Services, by End-User Industry, 2019 and 2024
  • Figure 11: Global Market Shares of AI in the Healthcare Industry, by Application, 2019 and 2024
  • Figure 12: Global Market Shares of AI in the Healthcare Industry, by Region, 2019 and 2024
  • Figure 13: Global Market Shares of AI in the Manufacturing Industry, by Application, 2019 and 2024
  • Figure 14: Global Market Shares of AI in the Manufacturing Industry, by Region, 2019 and 2024
  • Figure 15: Global Market Shares of AI in the Automotive Industry, by Application, 2019 and 2024
  • Figure 16: Global Market Shares of AI in the Automotive Industry, by Region, 2019 and 2024
  • Figure 17: Global Market Shares of AI in the Agriculture Industry, by Application, 2019 and 2024
  • Figure 18: Global Market Shares of AI in the Agriculture Industry, by Region, 2019 and 2024
  • Figure 19: Global Market Shares of AI in the Retail Industry, by Application, 2019 and 2024
  • Figure 20: Global Market Shares of AI in the Retail Industry, by Region, 2019 and 2024
  • Figure 21: Global Market Shares of AI in the Security Industry, by Application, 2019 and 2024
  • Figure 22: Global Market Shares of AI in the Security Industry, by Region, 2019 and 2024
  • Figure 23: Global Market Shares of AI Applications in the Human Resource Industry, 2019 and 2024
  • Figure 24: Global Market Shares of AI in the Human Resource Industry, by Region, 2019 and 2024
  • Figure 25: Global Market Shares of AI in the Marketing Industry, by Application, 2019 and 2024
  • Figure 26: Global Market Shares of AI in the Marketing Industry, by Region, 2019 and 2024
  • Figure 27: Global Market Shares of AI in the BFSI Industry, by Application, 2019 and 2024
  • Figure 28: Global Market Shares of AI in the BFSI Industry, by Region, 2019 and 2024
  • Figure 29: Global Market Shares of AI in the Legal Industry, by Application, 2019 and 2024
  • Figure 30: Global Market Shares of AI in the Legal Industry, by Region, 2019 and 2024
  • Figure 31: North American Market for AI, by Country, 2019 and 2024
  • Figure 32: U.S. Market for AI, by End-User Industry, 2019 and 2024
  • Figure 33: Canadian Market for AI, by End-User Industry, 2019 and 2024
  • Figure 34: Mexican Market for AI, by End-User Industry, 2019 and 2024
  • Figure 35: European Market for AI, by Country, 2019 and 2024
  • Figure 36: German Market for AI, by End-User Industry, 2019 and 2024
  • Figure 37: U.K. Market for AI, by End-User Industry, 2019 and 2024
  • Figure 38: French Market for AI, by End-User Industry, 2019 and 2024
  • Figure 39: Italian Market for AI, by End-User Industry, 2019 and 2024
  • Figure 40: Rest of European Market for AI, by End-User Industry, 2019 and 2024
  • Figure 41: Asia-Pacific Market for AI, by Country/Region, 2019 and 2024
  • Figure 42: Chinese Market for AI, by End-User Industry, 2019 and 2024
  • Figure 43: Indian Market for AI, by End-User Industry, 2019 and 2024
  • Figure 44: Japanese Market for AI, by End-User Industry, 2019 and 2024
  • Figure 45: Rest of Asia-Pacific Market for AI, by End-User Industry, 2019 and 2024
  • Figure 46: South American Market for AI, by Country, 2019 and 2024
  • Figure 47: Brazilian Market for AI, by End-User Industry, 2019 and 2024
  • Figure 48: Rest of South American Market for AI, by End-User Industry, 2019 and 2024
  • Figure 49: ROW Market for AI, by Country/Region, 2019 and 2024
  • Figure 50: Middle Eastern Market for AI, by End-User Industry, 2019 and 2024
  • Figure 51: African Market for AI, by End-User Industry, 2019 and 2024
  • Figure 52: Shares of Big Data and Analytics Spending by Industry, 2019
  • Figure 53: Amazon: Revenue Share, by Segment, 2018
  • Figure 54: Baidu Inc.: Revenue Share, by Segment, 2018
  • Figure 55: Cisco Systems Inc.: Revenue Share, by Segment, 2018
  • Figure 56: Cisco Systems Inc.: Revenue Share, by Region, 2018
  • Figure 57: Facebook Inc.: Revenue Share, by Segment, 2018
  • Figure 58: Facebook Inc.: Revenue Share, by Region, 2018
  • Figure 59: General Electric: Revenue Share, by Segment, 2018
  • Figure 60: Google LLC: Revenue Share, by Segment, 2018
  • Figure 61: Google LLC: Revenue Share, by Region, 2018
  • Figure 62: IBM: Revenue Share, by Segment, 2018
  • Figure 63: IBM: Revenue Share, by Region, 2018
  • Figure 64: Intel Corp.: Revenue Share, by Segment, 2018
  • Figure 65: Intel Corp.: Revenue Share, by Region, 2018
  • Figure 66: Mellanox Technologies Inc.: Revenue Share, by Segment, 2018
  • Figure 67: Mellanox Technologies Inc.: Revenue Share, by Region, 2018
  • Figure 68: Micron Technology Inc.: Revenue Share, by Segment, 2018
  • Figure 69: Micron Technology Inc.: Revenue Share, by Region, 2018
  • Figure 70: Microsoft Corp.: Revenue Share, by Segment, 2018
  • Figure 71: Microsoft Corp.: Revenue Share, by Region, 2018
  • Figure 72: Nvidia Corp.: Revenue Share, by Segment, 2018
  • Figure 73: Nvidia Corp.: Revenue Share, by Region, 2018
  • Figure 74: Oracle Corp.: Revenue Share, by Segment, 2018
  • Figure 75: Oracle Corp.: Revenue Share, by Region, 2018
  • Figure 76: Progress DataRPM: Revenue Share, by Segment, 2018
  • Figure 77: Progress DataRPM: Revenue Share, by Region, 2018
  • Figure 78: Rockwell Automation Inc.: Revenue Share, by Segment, 2018
  • Figure 79: Rockwell Automation Inc.: Revenue Share, by Region, 2018
  • Figure 80: Salesforce, Inc.: Revenue Share, by Segment, 2018
  • Figure 81: Salesforce, Inc.: Revenue Share, by Region, 2018
  • Figure 82: Samsung Electronics Co. Ltd.: Revenue Share, by Segment, 2018
  • Figure 83: Samsung Electronics Co. Ltd.: Revenue Share, by Region, 2018
  • Figure 84: SAP: Revenue Share, by Segment, 2018
  • Figure 85: SAP: Revenue Share, by Region, 2018
  • Figure 86: Siemens Inc.: Revenue Share, by Segment, 2018
  • Figure 87: Siemens Inc.: Revenue Share, by Region, 2018
  • Figure 88: SK Hynix Inc.: Revenue Share, by Segment, 2018
  • Figure 89: SK Hynix Inc.: Revenue Share, by Region, 2018
  • Figure 90: Twitter Inc.: Revenue Share, by Segment, 2018
  • Figure 91: Twitter Inc.: Revenue Share, by Region, 2018
  • Figure 92: Xilinx Inc.: Revenue Share, by Region, 2018