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Global Artificial Intelligence (AI) Market (2019-2023) to Post a CAGR of More Than 33% During the Forecast Period - ResearchAndMarkets.com

The "Global Artificial Intelligence (AI) Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The artificial intelligence (AI) market will register a CAGR of over 33% by 2023.

The cybersecurity industry has recorded a growing number of fraud and malicious attacks, ranging from stealing personal data to important organizational information, in the past few years. Companies are looking to apply Al technologies to combat these threats more effectively.

Al technology help in threat detection, pattern recognition, and response time reduction. It also helps in combating threats such as distributed denial-of-service (DDoS) attacks. Organizations are looking to generate and collect data about user behavior and key trends to generate insights that will help in enhancing their product offerings, which, in turn, will help them with business growth. However, this also presents the risk that cybercriminals can bypass security mechanisms and access important organizational information.

Chatbots in Al

A chatbot is a program that tries to imitate human conversation. The idea is for people to think that they are conversing with an actual human, when in fact they are talking to a chatbot. Casper is a chatbot that is designed to help insomniacs. MedWhat is a chatbot that aims at making medical diagnoses faster, easier, and more transparent for both patients and physicians.

Shortage of Al experts

The lack of experts is slowing down the development of strong Al technology. The expertise currently is toward the development of narrow Al. This will result in the lower adoption of Al in some of the major sectors such as the government. Furthermore, the development of Al has created many jobs, and there are institutions globally that have courses designed to train individuals. However, this has not been beneficial for the expert base of strong Al developers. Thus, this is one of the potential challenges.

Competitive Landscape

The market appears to be fairly fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players

  • Google LLC
  • IBM
  • Intel Corporation
  • Microsoft
  • NVIDIA Corporation

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY END-USER

  • Comparison by end-user
  • Retail - Market size and forecast 2018-2023
  • Banking - Market size and forecast 2018-2023
  • Manufacturing - Market size and forecast 2018-2023
  • Healthcare - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

  • Increase in cloud-based AI services
  • Narrow AI
  • Alternative solutions to GPU for accelerating AI workloads
  • Professional services will benefit from AI

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Google LLC
  • IBM
  • Intel Corporation
  • Microsoft
  • NVIDIA Corporation

For more information about this report visit https://www.researchandmarkets.com/research/sf4k32/global_artificial?w=4

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