Вештачка интелигенција

The Global Artificial Intelligence Market Set to Reach USD 125.3 Billion by 2027

Summary

According to the latest report by Technavio, the global artificial intelligence (AI) market is projected to grow to USD 125.3 billion from 2022 to 2027. The market is estimated to witness a CAGR (Compound Annual Growth Rate) of 22.26% during […]

The Global Artificial Intelligence Market Set to Reach USD 125.3 Billion by 2027

According to the latest report by Technavio, the global artificial intelligence (AI) market is projected to grow to USD 125.3 billion from 2022 to 2027. The market is estimated to witness a CAGR (Compound Annual Growth Rate) of 22.26% during the forecast period. In 2022, North America secured the largest share in the global market, with the region expected to experience a growth of 56%.

Analysis of Porter’s Five Forces aids in business strategy, for complete details – purchase the report!

Artificial Intelligence Market – Customer Landscape

The report encompasses the market adoption lifecycle, ranging from the innovator stage to the laggard stage. It focuses on adoption rates across different regions based on penetration. Additionally, the report also includes key buying criteria and price sensitivity drivers to assist companies in assessing and developing their growth strategies.

Artificial Intelligence Market – Segmentation Assessment

Segment Overview

Technavio has segmented the market based on components (software, hardware, and services), end-users (retail, banking, manufacturing, healthcare, and others), and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The software segment is expected to witness significant growth during the forecast period. AI software enables programmers to create intelligent applications and enhance existing ones with machine learning. It also helps improve employee experience and provides workers with efficient, automated solutions for manual tasks. Such advantages increase end-users’ reliance on AI software, contributing to the growth of the segment.

Geography Overview

The artificial intelligence (AI) market is divided into North America, Europe, APAC, South America, and the Middle East and Africa. The report provides insights and evaluates the contribution of each region to the growth of the global artificial intelligence (AI) market. North America is expected to contribute 56% to the growth of the global market during the forecast period. Increased investments in AI technologies by large and small retail and e-commerce companies support the growth of the regional market. Additionally, technological advancements, the rise in the number of connected devices, and the growth of the IoT device market also contribute to the regional market’s expansion.

Key Fact: According to Technavio’s report, the global artificial intelligence (AI) market is estimated to grow by USD 125.3 billion from 2022 to 2027.

FAQ

  1. What is the estimated growth rate of the global artificial intelligence (AI) market according to Technavio’s report?
  2. The global artificial intelligence (AI) market is estimated to grow at a CAGR of 22.26% during the forecast period from 2022 to 2027, as per Technavio’s report.

  3. Which geographical location secured the largest share in the global artificial intelligence (AI) market in 2022?
  4. North America secured the largest share in the global artificial intelligence (AI) market in 2022.

  5. What is the key advantage of using AI software among end-users?
  6. AI software allows programmers to create intelligent applications and enhance existing ones through machine learning. It improves employee experience and provides efficient, automated solutions for manual tasks.

  7. What drives the growth of the artificial intelligence market?
  8. The growth of the artificial intelligence market is driven by fraud prevention and malicious attack prevention. The increased number of frauds and malicious attacks has compelled organizations to adopt AI technologies to effectively combat them.

  9. What is the key threat to the growth of the artificial intelligence market?
  10. The key threat to the growth of the artificial intelligence market is the scarcity of AI experts. Finding experts in artificial intelligence is challenging, and many companies lack the expertise required to effectively manage AI systems. This results in lower adoption of AI in some of the major sectors, hindering market growth in those areas.