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Market Research Report

Global Artificial Intelligence (AI) Market 2019-2023

Published by TechNavio (Infiniti Research Ltd.) Product code 498798
Published Content info 129 Pages
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Global Artificial Intelligence (AI) Market 2019-2023
Published: March 8, 2019 Content info: 129 Pages
Description

About this market

The cybersecurity industry has recorded a growing number of fraud and malicious attacks, ranging from stealing personal data to important organizational information, in the past few years. Companies are looking to apply Al technologies to combat these threats more effectively. Al technology help in threat detection, pattern recognition, and response time reduction. It also helps in combating threats such as distributed denial-of-service (DDoS) attacks. Organizations are looking to generate and collect data about user behavior and key trends to generate insights that will help in enhancing their product offerings, which, in turn, will help them with business growth. However, this also presents the risk that cybercriminals can bypass security mechanisms and access important organizational information. Technavio's analysts have predicted that the artificial intelligence (AI) market will register a CAGR of over 33% by 2023.

Market Overview

Chatbots in Al

A chatbot is a program that tries to imitate human conversation. The idea is for people to think that they are conversing with an actual human, when in fact they are talking to a chatbot. Casper is a chatbot that is designed to help insomniacs. MedWhat is a chatbot that aims at making medical diagnoses faster, easier, and more transparent for both patients and physicians.

Shortage of Al experts

The lack of experts is slowing down the development of strong Al technology. The expertise currently is toward the development of narrow Al. This will result in the lower adoption of Al in some of the major sectors such as the government. Furthermore, the development of Al has created many jobs, and there are institutions globally that have courses designed to train individuals. However, this has not been beneficial for the expert base of strong Al developers. Thus, this is one of the potential challenges.

For the detailed list of factors that will drive and challenge the growth of the artificial intelligence (AI) market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fairly fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Table of Contents
Product Code: IRTNTR30994

TABLE OF CONTENTS

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1. Preface
  • 2.2. Preface
  • 2.3. Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Retail - Market size and forecast 2018-2023
  • Banking - Market size and forecast 2018-2023
  • Manufacturing - Market size and forecast 2018-2023
  • Healthcare - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increase in cloud-based AI services
  • Narrow AI
  • Alternative solutions to GPU for accelerating AI workloads
  • Professional services will benefit from AI

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Google LLC
  • IBM
  • Intel Corporation
  • Microsoft
  • NVIDIA Corporation

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations

PART 15: EXPLORE TECHNAVIO

List of Exhibits

  • Exhibit 01: Global information technology (IT) spending market
  • Exhibit 02: Segments of global information technology (IT) spending market
  • Exhibit 03: Market characteristics
  • Exhibit 04: Market segments
  • Exhibit 05: Market definition - Inclusions and exclusions checklist
  • Exhibit 06: Market size 2018
  • Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
  • Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
  • Exhibit 09: Five forces analysis 2018
  • Exhibit 10: Five forces analysis 2023
  • Exhibit 11: Bargaining power of buyers
  • Exhibit 12: Bargaining power of suppliers
  • Exhibit 13: Threat of new entrants
  • Exhibit 14: Threat of substitutes
  • Exhibit 15: Threat of rivalry
  • Exhibit 16: Market condition - Five forces 2018
  • Exhibit 17: End-user - Market share 2018-2023 (%)
  • Exhibit 18: Comparison by end-user
  • Exhibit 19: Retail - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 20: Retail - Year-over-year growth 2019-2023 (%)
  • Exhibit 21: Banking - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 22: Banking - Year-over-year growth 2019-2023 (%)
  • Exhibit 23: Manufacturing - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 24: Manufacturing - Year-over-year growth 2019-2023 (%)
  • Exhibit 25: Healthcare - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 26: Healthcare - Year-over-year growth 2019-2023 (%)
  • Exhibit 27: Others - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 28: Others - Year-over-year growth 2019-2023 (%)
  • Exhibit 29: Market opportunity by end-user
  • Exhibit 30: Customer landscape
  • Exhibit 31: Market share by geography 2018-2023 (%)
  • Exhibit 32: Geographic comparison
  • Exhibit 33: North America - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 34: North America - Year-over-year growth 2019-2023 (%)
  • Exhibit 35: Europe - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 36: Europe - Year-over-year growth 2019-2023 (%)
  • Exhibit 37: APAC - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 38: APAC - Year-over-year growth 2019-2023 (%)
  • Exhibit 39: South America - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 40: South America - Year-over-year growth 2019-2023 (%)
  • Exhibit 41: MEA - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 42: MEA - Year-over-year growth 2019-2023 (%)
  • Exhibit 43: Key leading countries
  • Exhibit 44: Market opportunity
  • Exhibit 45: Impact of drivers and challenges
  • Exhibit 46: Vendor landscape
  • Exhibit 47: Landscape disruption
  • Exhibit 48: Vendors covered
  • Exhibit 49: Vendor classification
  • Exhibit 50: Market positioning of vendors
  • Exhibit 51: Google LLC - Vendor overview
  • Exhibit 52: Google LLC - Organizational developments
  • Exhibit 53: Google LLC - Contracts information
  • Exhibit 54: Google LLC - Key offerings
  • Exhibit 55: IBM - Vendor overview
  • Exhibit 56: IBM - Business segments
  • Exhibit 57: IBM - Organizational developments
  • Exhibit 58: IBM - Contracts information
  • Exhibit 59: IBM - Contracts information
  • Exhibit 60: IBM - Geographic focus
  • Exhibit 61: IBM - Segment focus
  • Exhibit 62: IBM - Key offerings
  • Exhibit 63: Intel Corporation - Vendor overview
  • Exhibit 64: Intel Corporation - Business segments
  • Exhibit 65: Intel Corporation - Organizational developments
  • Exhibit 66: Intel Corporation - Geographic focus
  • Exhibit 67: Intel Corporation - Segment focus
  • Exhibit 68: Intel Corporation - Key offerings
  • Exhibit 69: Microsoft - Vendor overview
  • Exhibit 70: Microsoft - Business segments
  • Exhibit 71: Microsoft - Organizational developments
  • Exhibit 72: Microsoft - Contracts information
  • Exhibit 73: Microsoft - Geographic focus
  • Exhibit 74: Microsoft - Segment focus
  • Exhibit 75: Microsoft - Key offerings
  • Exhibit 76: NVIDIA Corporation - Vendor overview
  • Exhibit 77: NVIDIA Corporation - Business segments
  • Exhibit 78: NVIDIA Corporation - Organizational developments
  • Exhibit 79: NVIDIA Corporation - Contracts information
  • Exhibit 80: NVIDIA Corporation - Geographic focus
  • Exhibit 81: NVIDIA Corporation - Segment focus
  • Exhibit 82: NVIDIA Corporation - Key offerings
  • Exhibit 83: Validation techniques employed for market sizing
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