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Market Research Report

Artificial Intelligence and Advanced Machine Learning Market Size, By Function, By Organization Size, By Industry Vertical, and By Region ; Trend Analysis, Competitive Market Share & Forecast, 2016-26

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Artificial Intelligence and Advanced Machine Learning Market Size, By Function, By Organization Size, By Industry Vertical, and By Region ; Trend Analysis, Competitive Market Share & Forecast, 2016-26
Published: March 1, 2020 Content info: 185 Pages
Description

Title:
Artificial Intelligence and Advanced Machine Learning Market Size, By Function (Manufacturing, Operations, Sales and Marketing, Customer Support, Research and Development, Others), By Organization Size (Small and Medium Enterprise, Large Enterprise), By Industry Vertical (Consumer Goods and Retail, Healthcare, Automotive, IT and Telecom, Banking, Financial Services and Insurance, Government, Others (Education, Media and Entertainment etc.)), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2016-26.

According to BlueWeave Consulting, The Global Artificial Intelligence market & Advanced Machine has reached USD 29.8 Billion in 2019 and projected to reach USD 281.24 Billion by 2026 and anticipated to grow with CAGR of 37.95% during the forecast period from 2020-2026, owing to increasing overall global investment in Artificial Intelligence Technology.

Artificial Intelligence (AI) is a computer science algorithm and analytics-driven approach to replicate human intelligence in a machine and Machine learning (ML) is an enhanced application of artificial intelligence, which allows software applications to predict the resulted accurately. The development of powerful and affordable cloud computing infrastructure is having a substantial impact on the growth potential of artificial intelligence and advanced machine learning market. In addition, diversifying application areas of the technology, as well as a growing level of customer satisfaction by users of AI & ML services and products is another factor that is currently driving the Artificial Intelligence & Advanced Machine Learning market. Moreover, in the coming years, applications of machine learning in various industry verticals is expected to rise exponentially. Proliferation in data generation is another major driving factor for the AI & Advanced ML market. As natural learning develops, artificial intelligence and advanced machine learning technology are paving the way for effective marketing, content creation, and consumer interactions.

Large enterprises segment in global Artificial Intelligence & Advanced Machine Learning market estimated to have the fastest growth during the forecast period

In the organization size segment, large enterprises segment is estimated to have the largest market share and the SME's segment is estimated to grow at the highest CAGR over the forecast period of 2026. The rapidly developing and highly active SMEs have raised the adoption of artificial intelligence and machine learning solutions globally, as a result of the increasing digitization and raised the cyber risks to critical business information and data. Large enterprises have been heavily adopting artificial intelligence and machine learning to extract the required information from large amounts of data and forecast the outcome of various problems.

The rising trend of AI in machine learning and predictive analysis is the key factor for driving global market with lucrative growth rate in upcoming years.

Predictive analysis and machine learning and is rapidly used in retail, finance, and healthcare. The trend is estimated to continue as major technology companies are investing resources in the development of AI and ML. Due to the large cost-saving, effort-saving, and the reliable benefits of AI automation, machine learning is anticipated to drive the global artificial intelligence and Advanced machine learning market during the forecast period of 2026.

The rising digitalization boosting growth trend during forecast period

Digitalization has become a vital driver of artificial intelligence and advanced machine learning market across the region. Digitalization is increasingly propelling everything from hotel bookings, transport to healthcare in many economies around the globe. Digitalization had led to rising in the volume of data generated by business processes. Moreover, business developers or crucial executives are opting for solutions that let them act as data modelers and provide them an adaptive semantic model. With the help of artificial intelligence and Advanced machine learning business users are able to modify dashboards and reports as well as help users filter or develop reports based on their key indicators.

North America is expected to dominate the Artificial Intelligence & Advanced Machine Learning market during the anticipated period.

Geographically, the Global Artificial Intelligence & Advanced Machine Learning market is bifurcated into North America, Asia Pacific, Europe, Middle East, Africa & Latin America. The North America is dominating the market due to the developed economies of the US and Canada, there is a high focus on innovations obtained from R&D. North America has rapidly changed, and the most competitive global market in the world. The Asia-pacific region is estimated to be the fastest-growing region in the global AI & Advanced ML market. The rising awareness for business productivity, supplemented with competently designed machine learning solutions offered by vendors present in the Asia-pacific region, has led Asia-pacific to become a highly potential market.

Competitive Landscape

The major market players in the Artificial Intelligence & Advanced Machine Learning market are ICarbonX, TIBCO Software Inc., SAP SE, Fractal Analytics Inc., Next IT, Iflexion, Icreon, Prisma Labs, AIBrain, Oracle Corporation, Quadratyx, NVIDIA, Inbenta, Numenta, Intel, Domino Data Lab, Inc., Neoteric, UruIT, Waverley Software, and Other Prominent Players are expanding their presence in the market by implementing various innovations and technology.

Table of Contents
Product Code: BWC19415

Table of Contents

1. Research Framework

  • 1.1. Research Objective
  • 1.2. Function Overview
  • 1.3. Market Segmentation

2. Research Methodology

  • 2.1. Qualitative Research
    • 2.1.1. Primary & Secondary Types
  • 2.2. Quantitative Research
    • 2.2.1. Primary & Secondary Types
  • 2.3. Breakdown of Primary Research Respondents, By Region
    • 2.3.1. Secondary Research
    • 2.3.2. Primary Research
  • 2.4. Breakdown of Primary Research Respondents
  • 2.5. Market Size Estimation
  • 2.6. Assumption For The Study
  • 2.7. Market Breakdown & Data Triangulation

3. Executive Summary

4. Global Artificial Intelligence & Advanced Machine Learning Insights

  • 4.1. DROC Analysis
    • 4.1.1. Growth Drivers
    • 4.1.2. Restraints
    • 4.1.3. Opportunities
    • 4.1.4. Challenges
  • 4.2. Technological Landscape
  • 4.3. Regulatory Framework
  • 4.4. Company Market Share Analysis,2019
  • 4.5. Porter's Five forces analysis
    • 4.5.1. Bargaining Power of Suppliers
    • 4.5.2. Bargaining Power of Buyers
    • 4.5.3. Threat of New Entrants
    • 4.5.4. Threat of Substitutes
    • 4.5.5. Intensity of Rivalry

5. Global Artificial Intelligence & Advanced Machine Learning Market Overview

  • 5.1. Market Size & Forecast By Value, 2016-2026
    • 5.1.1. By Value (USD Billion)
  • 5.2. Market Share & Forecast
    • 5.2.1. By Function
      • 5.2.1.1. Manufacturing
      • 5.2.1.2. Operations
      • 5.2.1.3. Sales and Marketing
      • 5.2.1.4. Customer Support
      • 5.2.1.5. Research and Organization Size
    • 5.2.2. By Organization Size
      • 5.2.2.1. Small and Medium Enterprise
      • 5.2.2.2. Large Enterprise
    • 5.2.3. By Industry Vertical
      • 5.2.3.1. Consumer Goods and Retail
      • 5.2.3.2. Healthcare
      • 5.2.3.3. Automotive
      • 5.2.3.4. IT and Telecom
      • 5.2.3.5. Banking, Financial Services and Insurance
      • 5.2.3.6. Government
      • 5.2.3.7. Others (Education, Media and Entertainment etc.)
    • 5.2.4. By Region
      • 5.2.4.1. North America
      • 5.2.4.2. Europe
      • 5.2.4.3. Asia Pacific
      • 5.2.4.4. Latin America
      • 5.2.4.5. Middle East & Africa

6. North America Artificial Intelligence & Advanced Machine Learning Market

  • 6.1. Market Size & Forecast By Value, 2016-2026
    • 6.1.1. By Value (USD Billion)
  • 6.2. Market Share & Forecast
    • 6.2.1. By Function
    • 6.2.2. By Organization Size
    • 6.2.3. By Industry Vertical
    • 6.2.4. By Country
      • 6.2.4.1. U.S
      • 6.2.4.2. Canada

7. Europe Artificial Intelligence & Advanced Machine Learning Market

  • 7.1. Market Size & Forecast By Value, 2016-2026
    • 7.1.1. By Value (USD Billion)
  • 7.2. Market Share & Forecast
    • 7.2.1. By Function
    • 7.2.2. By Organization Size
    • 7.2.3. By Industry Vertical
    • 7.2.4. By Country
      • 7.2.4.1. Germany
      • 7.2.4.2. U.K
      • 7.2.4.3. France
      • 7.2.4.4. Italy
      • 7.2.4.5. Rest of Europe

8. Asia Pacific Artificial Intelligence & Advanced Machine Learning Market

  • 8.1. Market Size & Forecast By Value, 2016-2026
    • 8.1.1. By Value (USD Billion)
  • 8.2. Market Share & Forecast
    • 8.2.1. By Function
    • 8.2.2. By Organization Size
    • 8.2.3. By Industry Vertical
    • 8.2.4. By Country
      • 8.2.4.1. China
      • 8.2.4.2. India
      • 8.2.4.3. Japan
      • 8.2.4.4. South Korea
      • 8.2.4.5. Rest of Asia Pacific

9. Latin America Artificial Intelligence & Advanced Machine Learning Market

  • 9.1. Market Size & Forecast By Value, 2016-2026
    • 9.1.1. By Value (USD Billion)
  • 9.2. Market Share & Forecast
    • 9.2.1. By Function
    • 9.2.2. By Organization Size
    • 9.2.3. By Industry Vertical
    • 9.2.4. By Country
      • 9.2.4.1. Brazil
      • 9.2.4.2. Mexico
      • 9.2.4.3. Argentina
      • 9.2.4.4. Rest of Latin America

10.Middle East & Africa Artificial Intelligence & Advanced Machine Learning Market

  • 10.1. Market Size & Forecast By Value, 2016-2026
    • 10.1.1. By Value (USD Billion)
  • 10.2. Market Share & Forecast
    • 10.2.1. By Function
    • 10.2.2. By Organization Size
    • 10.2.3. By Industry Vertical
    • 10.2.4. By Country
      • 10.2.4.1. Saudi Arabia
      • 10.2.4.2. UAE
      • 10.2.4.3. South Africa
      • 10.2.4.4. Rest of Middle East & Africa

11.Company Profile (Company Overview, Financial Matrix, Function landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)

  • 11.1. ICarbonX
  • 11.2. TIBCO Software Inc.
  • 11.3. SAP SE
  • 11.4. Fractal Analytics Inc.
  • 11.5. Next IT
  • 11.6. Iflexion
  • 11.7. Icreon
  • 11.8. Prisma Labs
  • 11.9. AIBrain
  • 11.10. Oracle Corporation
  • 11.11. Quadratyx
  • 11.12. NVIDIA
  • 11.13. Inbenta
  • 11.14. Numenta
  • 11.15. Intel
  • 11.16. Domino Data Lab, Inc.
  • 11.17. Neoteric
  • 11.18. UruIT
  • 11.19. Waverley Software
  • 11.20. Other Prominent Players

List of Figures

Fig: Global Artificial Intelligence & Advanced Machine Learning Segmentation

Fig: Global Artificial Intelligence & Advanced Machine Learning Market Value Chain Analysis

Fig: Company Market Share Analysis, 2019

Fig: Global Artificial Intelligence & Advanced Machine Learning Market Size, By Value (USD Billion), 2016-2026

Fig: Global Artificial Intelligence & Advanced Machine Learning Market Share, By Function, By Value, 2016-2026

Fig: Global Artificial Intelligence & Advanced Machine Learning Market Share, By Organization Size, By Value, 2016-2026

Fig: Global Artificial Intelligence & Advanced Machine Learning Market Share, By Industry Vertical, By Value, 2016-2026

Fig: Global Artificial Intelligence & Advanced Machine Learning Market Share, By Region, By Value, 2016-2026

Fig: North America Artificial Intelligence & Advanced Machine Learning Market Size, By Value (USD Billion), 2016-2026

Fig: North America Artificial Intelligence & Advanced Machine Learning Market Y-o-Y Growth, By Value, 2017-2026

Fig: North America Artificial Intelligence & Advanced Machine Learning Market Share, By Function, By Value, 2016-2026

Fig: North America Artificial Intelligence & Advanced Machine Learning Market Share, By Organization Size, By Value, 2016-2026

Fig: North America Artificial Intelligence & Advanced Machine Learning Market Share, By Application, By Value, 2016-2026

Fig: North America Artificial Intelligence & Advanced Machine Learning Market Share, By Industry Vertical, By Value, 2016-2026

Fig: North America Artificial Intelligence & Advanced Machine Learning Market Share, By Country, By Value, 2016-2026

Fig: Europe Artificial Intelligence & Advanced Machine Learning Market Size, By Value (USD Billion), 2016-2026

Fig: Europe Artificial Intelligence & Advanced Machine Learning Market Y-o-Y Growth, By Value, 2017-2026

Fig: Europe Artificial Intelligence & Advanced Machine Learning Market Share, By Function, By Value, 2016-2026

Fig: Europe Artificial Intelligence & Advanced Machine Learning Market Share, By Organization Size, By Value, 2016-2026

Fig: Europe Artificial Intelligence & Advanced Machine Learning Market Share, By Industry Vertical, By Value, 2016-2026

Fig: Europe Artificial Intelligence & Advanced Machine Learning Market Share, By Country, By Value, 2016-2026

Fig: Asia-Pacific Artificial Intelligence & Advanced Machine Learning Market Size, By Value (USD Billion), 2016-2026

Fig: Asia-Pacific Artificial Intelligence & Advanced Machine Learning Market Y-o-Y Growth, By Value, 2017-2026

Fig: Asia-Pacific Artificial Intelligence & Advanced Machine Learning Market Share, By Function, By Value, 2016-2026

Fig: Asia-Pacific Artificial Intelligence & Advanced Machine Learning Market Share, By Organization Size, By Value, 2016-2026

Fig: Asia-Pacific Artificial Intelligence & Advanced Machine Learning Market Share, By Industry Vertical, By Value, 2016-2026

Fig: Asia-Pacific Artificial Intelligence & Advanced Machine Learning Market Share, By Country, By Value, 2016-2026

Fig: Latin America Artificial Intelligence & Advanced Machine Learning Market Size, By Value (USD Billion), 2016-2026

Fig: Latin America Artificial Intelligence & Advanced Machine Learning Market Y-o-Y Growth, By Value, 2017-2026

Fig: Latin America Artificial Intelligence & Advanced Machine Learning Market Share, By Function, By Value, 2016-2026

Fig: Latin America Artificial Intelligence & Advanced Machine Learning Market Share, By Organization Size, By Value, 2016-2026

Fig: Latin America Artificial Intelligence & Advanced Machine Learning Market Share, By Industry Vertical, By Value, 2016-2026

Fig: Latin America Artificial Intelligence & Advanced Machine Learning Market Share, By Country, By Value, 2016-2026

Fig: Middle-East & Africa Artificial Intelligence & Advanced Machine Learning Market Size, By Value (USD Billion), 2016-2026

Fig: Middle-East & Africa Artificial Intelligence & Advanced Machine Learning Market Y-o-Y Growth, By Value, 2017-2026

Fig: Middle-East & Africa Artificial Intelligence & Advanced Machine Learning Market Share, By Function, By Value, 2016-2026

Fig: Middle-East & Africa Artificial Intelligence & Advanced Machine Learning Market Share, By Organization Size, By Value, 2016-2026

Fig: Middle-East & Africa Artificial Intelligence & Advanced Machine Learning Market Share, By Industry Vertical, By Value, 2016-2026

Fig: Middle East & Africa Artificial Intelligence & Advanced Machine Learning Market Share, By Country, By Value, 2016-2026

List of Tables:

Table: Global Artificial Intelligence & Advanced Machine Learning Market Size, By Function, By Value, 2016-2026

Table: Global Artificial Intelligence & Advanced Machine Learning Market Size, By Organization Size, By Value, 2016-2026

Table: Global Artificial Intelligence & Advanced Machine Learning Market Size, By Industry Vertical, By Value, 2016-2026

Table: Global Artificial Intelligence & Advanced Machine Learning Market Size, By Region, By Value, 2016-2026

Table: North America Artificial Intelligence & Advanced Machine Learning Market Size, By Function, By Value, 2016-2026

Table: North America Artificial Intelligence & Advanced Machine Learning Market Size, By Organization Size, By Value, 2016-2026

Table: North America l Artificial Intelligence & Advanced Machine Learning Market Size, By Industry Vertical, By Value, 2016-2026

Table: North America Artificial Intelligence & Advanced Machine Learning Market Size, By Country, By Value, 2016-2026

Table: Europe Artificial Intelligence & Advanced Machine Learning Market Size, By Function, By Value, 2016-2026

Table: Europe Artificial Intelligence & Advanced Machine Learning Market Size, By Organization Size, By Value, 2016-2026

Table: Europe Artificial Intelligence & Advanced Machine Learning Market Size, By Industry Vertical, By Value, 2016-2026

Table: Europe Artificial Intelligence & Advanced Machine Learning Market Size, By Country, By Value, 2016-2026

Table: Asia-Pacific Artificial Intelligence & Advanced Machine Learning Market Size, By Function, By Value, 2016-2026

Table: Asia-Pacific Artificial Intelligence & Advanced Machine Learning Market Size, By Organization Size, By Value, 2016-2026

Table: Asia-Pacific Artificial Intelligence & Advanced Machine Learning Market Size, By Industry Vertical, By Value, 2016-2026

Table: Asia-Pacific Artificial Intelligence & Advanced Machine Learning Market Size, By Country, By Value, 2016-2026

Table: Latin America Artificial Intelligence & Advanced Machine Learning Market Size, By Function, By Value, 2016-2026

Table: Latin America Artificial Intelligence & Advanced Machine Learning Market Size, By Organization Size, By Value, 2016-2026

Table: Latin America Artificial Intelligence & Advanced Machine Learning Market Size, By Industry Vertical, By Value, 2016-2026

Table: Latin America Artificial Intelligence & Advanced Machine Learning Market Size, By Country, By Value, 2016-2026

Table: Middle-East & Africa Artificial Intelligence & Advanced Machine Learning Market Size, By Function, By Value, 2016-2026

Table: Middle-East & Africa Artificial Intelligence & Advanced Machine Learning Market Size, By Organization Size, By Value, 2016-2026

Table: Middle-East & Africa Artificial Intelligence & Advanced Machine Learning Market Size, By Industry Vertical, By Value, 2016-2026

Table: Middle East & Africa Artificial Intelligence & Advanced Machine Learning Market Size, By Country, By Value, 2016-2026

Table: ICarbonX Financial Analysis

Table: TIBCO Software Inc. Financial Analysis

Table: SAP SE Financial Analysis

Table: Fractal Analytics Inc. Financial Analysis

Table: Next IT Financial Analysis

Table: Iflexion Financial Analysis

Table: Icreon Financial Analysis

Table: Prisma Labs Financial Analysis

Table: AIBrain Financial Analysis

Table: Oracle Corporation Financial Analysis

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