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Market Research Report

North America Artificial Intelligence Market Forecast 2019-2027

Published by Inkwood Research Product code 592999
Published Content info 204 Pages
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North America Artificial Intelligence Market Forecast 2019-2027
Published: June 26, 2019 Content info: 204 Pages
Description

KEY FINDINGS:

North America has witnessed an increasing number of AI application along with the growing adoption of AI to improve customer service in the past few years. Over the forecast period of 2019-2027, the North American market for Artificial Intelligence is anticipated to register a CAGR of 40.82%.

MARKET INSIGHTS:

The Artificial Intelligence market based on North America have been determined to have the economic contribution of the United States and Canada essentially. The regional market's growth is being propelled by rising establishment of startups working towards the development and innovation of artificial intelligence along with substantial investments made by the federal governments. Also, several tech companies who already have an established base in this region are increasingly diving into this market. Canada is fast becoming a power base for the development and innovation of artificial intelligence in the North American region.

COMPETITIVE INSIGHTS:

Apple Inc., Shell Oil Company, Uber Technologies Inc., Google Inc., Microsoft Corporation, Sizmek Inc., [24]7.AI, Inc., Next IT Corporation (Acquired By Verint), GE Healthcare, Microstrategy Inc., NVIDIA Corporation, International Business Machines Corporation (IBM) Corporation, Ipsoft Incorporated, Intel Corporation, and Qlik Technologies are some of the multinational companies that have established a strong foothold in the North American market.

Table of Contents
Product Code: 11696

Table of Contents

1. RESEARCH SCOPE

  • 1.1. STUDY GOALS
  • 1.2. SCOPE OF THE MARKET STUDY
  • 1.3. WHO WILL FIND THIS REPORT USEFUL?
  • 1.4. STUDY & FORECASTING YEARS

2. RESEARCH METHODOLOGY

  • 2.1. SOURCES OF DATA
    • 2.1.1. SECONDARY DATA
    • 2.1.2. PRIMARY DATA
  • 2.2. TOP-DOWN APPROACH
  • 2.3. BOTTOM-UP APPROACH
  • 2.4. DATA TRIANGULATION

3. EXECUTIVE SUMMARY

  • 3.1. MARKET SUMMARY
  • 3.2. KEY FINDINGS
    • 3.2.1. NORTH AMERICA HOLDS THE LARGEST REVENUE CHUNK OF OVERALL MARKET
    • 3.2.2. GROWING NUMBER OF STARTUPS IN AI MARKET
    • 3.2.3. MACHINE LEARNING IS DOMINANT TECHNOLOGY
    • 3.2.4. AUTOMOTIVE & TRANSPORTATION - KEY OPPORTUNISTIC VERTICAL

4. MARKET DYNAMICS

  • 4.1. MARKET DEFINITION & SCOPE
  • 4.2. MARKET DRIVERS
    • 4.2.1. RISING FUNDING & INVESTMENT IN AI TECHNOLOGY
    • 4.2.2. INCREASED ADOPTION OF AI FOR IMPROVING CUSTOMER SERVICE EXPERIENCE
    • 4.2.3. INTEGRATION OF BIG DATA WITH ARTIFICIAL INTELLIGENCE & MACHINE LEARNING
    • 4.2.4. AI DRIVEN IMPROVEMENTS IS THE NEW TREND OF ENHANCING PRODUCTIVITY
  • 4.3. MARKET RESTRAINTS
    • 4.3.1. LOW RETURN ON INVESTMENT
    • 4.3.2. COSTS ASSOCIATED WITH AI
  • 4.4. MARKET OPPORTUNITIES
    • 4.4.1. GROWING ROBOTIZATION ACROSS NUMEROUS VERTICALS
    • 4.4.2. INCORPORATION OF AI WITH HUMAN INTELLIGENCE
    • 4.4.3. INCREASED USE OF AI IN RESEARCH & DEVELOPMENT
  • 4.5. MARKET CHALLENGES
    • 4.5.1. LACK OF SKILLED WORKFORCE
    • 4.5.2. VULNERABLE TO HARDWARE & SOFTWARE FAILURES

5. MARKET BY OFFERINGS

  • 5.1. HARDWARE
  • 5.2. SOFTWARE
  • 5.3. SERVICES

6. MARKET BY SYSTEM

  • 6.1. INTELLIGENCE SYSTEMS
  • 6.2. DECISION SUPPORT PROCESSING
  • 6.3. HYBRID SYSTEMS
  • 6.4. FUZZY SYSTEMS

7. MARKET BY TECHNOLOGY

  • 7.1. MACHINE LEARNING
  • 7.2. ROBOTICS
  • 7.3. IMAGE PROCESSING
  • 7.4. SPEECH RECOGNITION
  • 7.5. NATURAL LANGUAGE PROCESSING
  • 7.6. COGNITIVE COMPUTING (OTHER TECHNOLOGY)

8. MARKET BY VERTICALS

  • 8.1. TECHNOLOGY & TELECOMMUNICATIONS
  • 8.2. BANKING, FINANCIAL SERVICE & INSURANCE
  • 8.3. RETAIL
  • 8.4. MEDIA & ENTERTAINMENT
  • 8.5. AUTOMOTIVE & TRANSPORTATION
  • 8.6. AGRICULTURE
  • 8.7. RESOURCES & UTILITIES
  • 8.8. MANUFACTURING
  • 8.9. HEALTHCARE
  • 8.10. EDUCATION
  • 8.11. OTHER VERTICALS

9. KEY ANALYTICS

  • 9.1. PORTER'S FIVE FORCE ANALYSIS
    • 9.1.1. THREAT OF NEW ENTRANTS
    • 9.1.2. THREAT OF SUBSTITUTE
    • 9.1.3. BARGAINING POWER OF SUPPLIERS
    • 9.1.4. BARGAINING POWER OF BUYERS
    • 9.1.5. INTENSITY OF COMPETITIVE RIVALRY
  • 9.2. OPPORTUNITY MATRIX
  • 9.3. VENDOR LANDSCAPE
  • 9.4. KEY BUYING CRITERIA
    • 9.4.1. APPLICATION
    • 9.4.2. TECHNOLOGY
    • 9.4.3. INTEGRATION WITH EXISTING INFRASTRUCTURE
  • 9.5. VALUE CHAIN ANALYSIS
    • 9.5.1. DATA WAREHOUSE
    • 9.5.2. ARTIFICIAL INTELLIGENCE ANALYSIS
    • 9.5.3. SOFTWARE DEVELOPMENT

10. GEOGRAPHICAL ANALYSIS - NORTH AMERICA

  • 10.1. UNITED STATES
  • 10.2. CANADA

11. COMPETITIVE LANDSCAPE

  • 11.1. CORPORATE STRATEGIES
    • 11.1.1. PRODUCT LAUNCH
    • 11.1.2. PARTNERSHIP & COLLABORATION
    • 11.1.3. MERGER & ACQUISITION
    • 11.1.4. INVESTMENTS
    • 11.1.5. BUSINESS EXPANSION
    • 11.1.6. JOINT VENTURES
  • 11.2. COMPANY PROFILES
    • 11.2.1. [24]7.AI, INC.
    • 11.2.2. APPLE INC.
    • 11.2.3. GE HEALTHCARE
    • 11.2.4. GOOGLE INC.
    • 11.2.5. INTEL CORPORATION
    • 11.2.6. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) CORPORATION
    • 11.2.7. IPSOFT INCORPORATED
    • 11.2.8. MICROSOFT CORPORATION
    • 11.2.9. MICROSTRATEGY INC.
    • 11.2.10. NEXT IT CORPORATION (ACQUIRED BY VERINT)
    • 11.2.11. NVIDIA CORPORATION
    • 11.2.12. QLIK TECHNOLOGIES
    • 11.2.13. SHELL OIL COMPANY
    • 11.2.14. SIZMEK INC.
    • 11.2.15. UBER TECHNOLOGIES INC.

LIST OF TABLES

  • TABLE 1: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
  • TABLE 2: STARTUPS IN ARTIFICIAL INTELLIGENCE MARKET
  • TABLE 3: IMPROVED CUSTOMER EXPERIENCE DUE TO ADOPTION OF AI ACROSS DIFFERENT VERTICALS
  • TABLE 4: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY OFFERINGS, 2019-2027 (IN $ MILLION)
  • TABLE 5: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY SYSTEM, 2019-2027 (IN $ MILLION)
  • TABLE 6: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)
  • TABLE 7: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY VERTICALS, 2019-2027 (IN $ MILLION)
  • TABLE 8: OPPORTUNITY MATRIX
  • TABLE 9: VENDOR LANDSCAPE
  • TABLE 10: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
  • TABLE 11: LIST OF PRODUCT LAUNCH
  • TABLE 12: LIST OF PARTNERSHIP & COLLABORATION
  • TABLE 13: LIST OF MERGER & ACQUISITION
  • TABLE 14: LIST OF INVESTMENTS
  • TABLE 15: LIST OF BUSINESS EXPANSIONS
  • TABLE 16: LIST OF JOINT VENTURES

LIST OF FIGURES

  • FIGURE 1: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY VERTICALS, 2018 & 2027 (IN %)
  • FIGURE 2: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 3: REVENUE GENERATED BY MACHINE LEARNING TECHNOLOGY IN ARTIFICIAL INTELLIGENCE MARKET, 2018 & 2027 (IN $ MILLION)
  • FIGURE 4: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY HARDWARE, 2019-2027 (IN $ MILLION)
  • FIGURE 5: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)
  • FIGURE 6: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY SERVICES, 2019-2027 (IN $ MILLION)
  • FIGURE 7: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY INTELLIGENCE SYSTEMS, 2019-2027 (IN $ MILLION)
  • FIGURE 8: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY DECISION SUPPORT PROCESSING, 2019-2027 (IN $ MILLION)
  • FIGURE 9: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY HYBRID SYSTEMS, 2019-2027 (IN $ MILLION)
  • FIGURE 10: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY FUZZY SYSTEMS, 2019-2027 (IN $ MILLION)
  • FIGURE 11: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY MACHINE LEARNING, 2019-2027 (IN $ MILLION)
  • FIGURE 12: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY ROBOTICS, 2019-2027 (IN $ MILLION)
  • FIGURE 13: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY IMAGE PROCESSING, 2019-2027 (IN $ MILLION)
  • FIGURE 14: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY SPEECH RECOGNITION, 2019-2027 (IN $ MILLION)
  • FIGURE 15: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY NATURAL LANGUAGE PROCESSING, 2019-2027 (IN $ MILLION)
  • FIGURE 16: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY COGNITIVE COMPUTING (OTHER TECHNOLOGY), 2019-2027 (IN $ MILLION)
  • FIGURE 17: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY & TELECOMMUNICATIONS, 2019-2027 (IN $ MILLION)
  • FIGURE 18: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY BANKING, FINANCIAL SERVICE & INSURANCE, 2019-2027 (IN $ MILLION)
  • FIGURE 19: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)
  • FIGURE 20: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY MEDIA & ENTERTAINMENT, 2019-2027 (IN $ MILLION)
  • FIGURE 21: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2019-2027 (IN $ MILLION)
  • FIGURE 22: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY AGRICULTURE, 2019-2027 (IN $ MILLION)
  • FIGURE 23: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY RESOURCES & UTILITIES, 2019-2027 (IN $ MILLION)
  • FIGURE 24: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY MANUFACTURING, 2019-2027 (IN $ MILLION)
  • FIGURE 25: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)
  • FIGURE 26: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY EDUCATION, 2019-2027 (IN $ MILLION)
  • FIGURE 27: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY OTHER VERTICALS, 2019-2027 (IN $ MILLION)
  • FIGURE 28: PORTER'S FIVE FORCE ANALYSIS
  • FIGURE 29: KEY BUYING IMPACT ANALYSIS
  • FIGURE 30: VALUE CHAIN ANALYSIS
  • FIGURE 31: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
  • FIGURE 32: UNITED STATES ARTIFICIAL INTELLIGENCE MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 33: CANADA ARTIFICIAL INTELLIGENCE MARKET, 2019-2027 (IN $ MILLION)
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