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Artificial intelligence has been one of the fastest growing technologies in recent years. AI is associated with human intelligence with similar characteristics, such as language understanding, reasoning, learning, problem solving, and others. Manufacturers in the market are witnessing enormous underlying intellectual challenges in the development and revision of such technology.
AI is positioned at the core of next-generation software technologies on the market. Companies like Google, IBM, Microsoft, and other leading players have actively implemented AI as a crucial part of their technologies.
The increase in the number of innovative startups and technological advancements have led to increased investment in artificial intelligence technologies. Additionally, the increasing demand for analysis and interpretation of a large amount of data increases the requirement for artificial intelligence industry solutions. Additionally, the development of more reliable cloud computing infrastructures and improvements in dynamic artificial intelligence solutions have a strong impact on the growth potential of the artificial intelligence market.
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However, the lack of trained and experienced staff hampers the growth of the enterprise Artificial Intelligence (AI) market. Furthermore, the increase in AI adoption in developing economies such as China and India is expected to provide significant opportunities for market growth in the coming years. Additionally, ongoing developments in robots and smart virtual assistants are anticipated to be opportunistic for the growth of the enterprise artificial intelligence (AI) market.
The global business artificial intelligence (AI) market is segmented based on deployment type, technology, organization size, vertical industry, and region. Depending on the type of deployment, the market is divided into cloud and on-premises. Depending on the technology, the market is divided into machine learning, natural language processing, image processing, and speech recognition.
Depending on the size of the organization, the market is classified into large companies and small and medium-sized companies. Depending on the vertical industry, the market is segmented into media and advertising, BFSI, IT and telecommunications, retail, healthcare, automotive and transportation, and others. Depending on the region, the market is analyzed in North America, Europe, Asia-Pacific and LAMEA.
The report includes the profiles of the key players operating in the market analysis. These include Alphabet Inc. (Google Inc.), Apple Inc., Amazon Web Services, Inc., International Business Machines Corporation, IPsoft Inc., MicroStrategy Incorporated, NVIDIA Corporation, SAP, Verint, and Wipro Limited.
KEY BENEFITS
• The report provides an in-depth analysis of the global enterprise artificial intelligence (AI) market trends, key drivers, and potential areas for product investments.
• Key players are analyzed with respect to their top offerings, recent investments, and future development strategies.
• Porter’s Five Forces analysis illustrates the power of buyers and suppliers operating in the industry.
• The quantitative analysis of the global business artificial intelligence (AI) market share from 2018 to 2026 is provided to determine the market potential.
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KEY MARKET SEGMENTS
BY TYPE OF DEPLOYMENT
• Cloud
• On the premise
BY TECHNOLOGY
• Machine learning
• Natural language processing
• Image processing
• Speech recognition
BY ORGANIZATION SIZE
• Big enterprises
• Small and medium businesses
BY INDUSTRY VERTICAL
• Media and advertising
• BFSI
• IT and telecommunications
• Retail
• Health care
• Automotive and transportation
• Others
BY REGION
• North America
or us
or Canada
• Europe
or United Kingdom
or Germany
France
From Russia
o Rest of Europe
• Pacific Asia
or China
or Japan
India
or Australia
o Rest of Asia-Pacific
• LAMEA
or Latin America
or Middle East
or africa
KEY MARKET AGENTS PROFILED IN THE REPORT
• Alphabet Inc. (Google Inc.)
• Apple Inc.
• Amazon Web Services, Inc.
• International Corporation of Business Machines
• IPsoft Inc.
• MicroStrategy Incorporated
• NVIDIA Corporation
• SAP
• Verint
• Wipro Limited
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