Sunday, June 26th, 2022

Artificial Intelligence Systems Spending Market Share, High Demand, Future Scope 2028

The global Artificial Intelligence systems spending market is forecast to reach a market size of USD 767.60 Billion by 2028, and register a significantly high CAGR, according to latest analysis by Emergen Research. Growth of the global Artificial Intelligence systems spending market in terms of revenue is expected to increase significantly during the forecast period due to rising demand for AI solutions in the education sector.

Rising adoption of AI in the BFSI industry to provide enhanced customer service is also another major factor expected to further boost global Artificial Intelligence systems spending market growth during the forecast period. Rising focus of governments on digital economy transformation is expected to further support market growth going ahead. However, high cost of AI solutions is expected to restrain adoption, and in turn, impact growth of the global Artificial Intelligence systems spending market growth to a certain extent during the forecast period.

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/artificial-intelligence-systems-spending-market

The latest report on the global Artificial Intelligence Systems Spending market offers strategic insights into the market landscape to stakeholders, investors, and business owners to help them make efficient and lucrative business decisions based on key statistical data and facts. The report aims to offers a thorough outlook of the Artificial Intelligence Systems Spending market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects. The report aims to deliver a comprehensive understanding of the Artificial Intelligence Systems Spending market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2021-2028.

Top Companies Operating in the Artificial Intelligence Systems Spending Market and Profiled in the Report are:

Google LLC, Microsoft Corporation, Apple Inc., Facebook, Inc., International Business Machines Corporation, Intel Corporation, Wipro Limited, Accenture PLC, Infosys Limited, and Salesforce.com Inc.

Emergen Research has segmented the global Artificial Intelligence systems spending market on the basis of component, technology, application, end-use, and region.

Component Outlook (Revenue, USD Billion; 2021–2028)

Software

Applications

Platforms

Hardware

Server

Storage

Service

IT service

Business service

Technology Outlook (Revenue, USD Billion; 2021–2028)

Natural language processing

Deep learning

Artificial general intelligence (AGI)

Machine vision

Artificial super intelligence (ASI)

Machine learning

Application Outlook (Revenue, USD Billion; 2021–2028)

Automated threat intelligence & prevention systems

Fraud analysis & investigation

Automated customer service

Others

End-use Outlook (Revenue, USD Billion; 2021–2028)

Healthcare

BFSI

Transportation

Education

Telecommunications

Media & entertainment

Retail

Manufacturing

Construction

Information technology

Others

Artificial Intelligence Systems Spending Market Segmentation by Regions:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Offerings of the Report:

Detailed overview of market dynamics including drivers, restraints, opportunities, challenges, and growth prospects

Analysis of the key strategic initiatives and competitive landscape including mergers & acquisitions, joint ventures, collaborations, product launches, and brand promotions, and partnerships, among others

Comprehensive analysis of the industry outlook and analysis of the industrial chain

Market forecast based on global, regional, and country-level market analysis

Competitive landscape benchmarking

In-depth analysis of the key market players with their product portfolios, financial positions, unique selling points, market share and size, and a comprehensive overview of their business

Thank you for reading our report. For further queries regarding the report or customization options, please connect with us. Our team will ensure you get a report well-suited to your needs.

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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