Artificial Intelligence Market Overview and Insights:
IMR posted new studies guide on Artificial Intelligence Market Insights with self-defined Tables and charts in presentable format. In the Study you may locate new evolving Trends, Drivers, Restraints, Opportunities generated via targeting market related stakeholders. The boom of the Artificial Intelligence marketplace became specifically driven with the aid of the growing R&D spending internationally.
Some of the Top Leading Key Players: Alphabet Inc. (US), Microsoft Corporation (US), IBM Corporation (US), NVIDIA Corporation (US), Intel Corporation (US), Amazon.com Inc. (US), Apple Inc. (US), Adobe Inc. (US), Cisco Systems, Inc. (US), Qualcomm Incorporated (US), Palantir Technologies Inc. (US), Dell Technologies Inc. (US), Twitter, Inc. (US), Salesforce.com Inc. (US), Oracle Corporation (US), Facebook, Inc. (US), SAP SE (Germany), Siemens AG (Germany), Atos SE (France), Accenture plc (Ireland), Tencent Holdings Limited (China), Baidu, Inc. (China), Alibaba Group Holding Limited (China), Infosys Limited (India), Samsung Electronics CoLtd. (South Korea),
Artificial Intelligence Market Size Was Valued at USD 151.4 Billion in 2023 and is Projected to Reach USD 2441.85 Billion by 2032, Growing at a CAGR of 36.2 % From 2024-2032.
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Segmentation Analysis of the Artificial Intelligence Market
Artificial Intelligence Market Global Industry Analysis and Forecast (2024-2032) by Solution (Hardware, Software, Services), Function (Cybersecurity, Finance and Accounting, Human Resource Management, Legal and Compliance, Operations, Sales and Marketing, Supply Chain Management), End-User (BFSI, Healthcare, Advertising & Media, Automotive & Transportation, Manufacturing), and Region
North America is Expected to Dominate the Market Over the Forecast period
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Key Industry Developments in the Artificial Intelligence Market:
In March 2023, IBM and Usher's New Look (UNL) announced a collaboration to provide free career readiness training through IBM SkillsBuild. With a focus on artificial intelligence (AI) and professional workplace skills, IBM will provide UNL with training and customized learning plans for student learners. This effort aims to benefit thousands of UNL's young learners nationwide, including high school and college-age youth from communities traditionally underrepresented in technology.In March 2023, Microsoft Corp announced the completion of its acquisition of Nuance Communications Inc. a leader in conversational AI and ambient intelligence across industries including healthcare, financial services, retail and telecommunications. Driven by a shared vision to build outcomes-based AI, Microsoft and Nuance will enable organizations across industries to accelerate their business goals with AI security-focused, cloud-based solutions infused with powerful, vertically optimized AI. Customers will benefit from enhanced consumer, patient, clinician and employee experiences, and ultimately improved productivity and financial performance.In June 2024, Tata Consultancy Services unveiled TCS AI WisdomNext™, integrating diverse Generative Artificial Intelligence (GenAI) services into a unified interface. This platform facilitates the swift adoption of advanced technologies, cost efficiency, and regulatory compliance for global enterprises. It promotes seamless development and deployment of business solutions, enabling real-time experimentation across vendor, internal, and open-source LLM models.
Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Strategic Points Covered in Table of Content of Artificial Intelligence Market:
Chapter One: Introduction
Chapter Two: Executive Summary
Chapter Three: Artificial Intelligence Market Landscape
Chapter Four: Artificial Intelligence Market by Type
Chapter Five: Artificial Intelligence Market by Application
Chapter Six: Company Profiles and Competitive Analysis
Chapter Seven: Global Artificial Intelligence Market by Region
Chapter Eight: Analyst Viewpoint and Conclusion
Chapter Nine: Research Methodology
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