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Market Research Report
Global Artificial Intelligence (AI) Market: Investments vs Potential |
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Published by | BCC Research | Product code | 929336 | ||||
Published | Content info | 239 Pages Delivery time: 1-2 business days |
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Global Artificial Intelligence (AI) Market: Investments vs Potential | ||
Published: March 16, 2020 | Content info: 239 Pages |
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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.
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.