Artificial Intelligence Market Research Report, New Trends, Technology and Industry Forecast to 2023

The AI market is entering a dynamic phase of growth where adoption in the enterprise sector continues unabated, but there are questions emerging within research and academic circles about whether the technologies fueling the AI revolution, particularly deep learning, might be hitting a bottleneck. The recent controversy surrounding Facebook and data privacy, AI safety and explainability with Uber’s self-driving car fatality, or questions about authenticity and the power of generative algorithms to create fake images and video, are all issues that highlight the risks and challenges facing AI in 2018. The challenges are to be expected as we move from a hype phase into a reality phase as part of the cycle of AI market development. Tractica sees these challenges as part of the maturity curve for AI, where the next few years will see a sobering of expectations, while the momentum around use cases and applications continues to build.

Scope of the Report:

This growth is evidenced in Tractica’s most recent update to the firm’s AI market forecasts model, which is built upon a taxonomy of 294 real-world use cases for AI, distributed across 30 different industry sectors. Compared to 6 months ago, Tractica sees continued growth in use cases, adding 28 new use cases in this iteration of the model. Telecommunications, consumer (internet services), advertising, healthcare, automotive, and retail are some of the big industry verticals that will lead in AI adoption.

The global Artificial Intelligence market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Artificial Intelligence.

Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.

This report studies the Artificial Intelligence market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Artificial Intelligence market by product type and applications/end industries.

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Market Segment by Companies, this report covers

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MicrosoftÂ

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Digital Asset HoldingsÂ

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Additional Industry Participants

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Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

AI Technologies

Machine Learning

Deep Learning

Computer Vision

Natural Language Processing

Machine Reasoning

Strong AI

Market Segment by Applications, can be divided into

Telecommunications

Internet Services

Advertising

Healthcare

Automotive

Retail
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Becky Happ

As our second lead editor, Becky Happ  provides guidance on the stories Techno News Expert’ reporters cover. She has been instrumental in making sure the content on the site is clear and relevant to the readers.  Becky received a BA and and MA from North Carolina State University.

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Becky Happ

About the Author: Becky Happ

As our second lead editor, Becky Happ  provides guidance on the stories Techno News Expert’ reporters cover. She has been instrumental in making sure the content on the site is clear and relevant to the readers.  Becky received a BA and and MA from North Carolina State University.