Artificial Intelligence Market: A Look at the Industry's Growth Drivers and Challenges


An increase in the adoption of Big Data and a rise in the adoption of cloud-based services will propel the demand for the market.

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As part of Emergen Research's Global Artificial Intelligence Market Research Report, key business details and extensive geographical spread of the Artificial Intelligence industry have been analyzed. The current COVID-19 pandemic is expected to have an effect on the growth of the Artificial Intelligence industry, primarily as a result of movement restrictions and impact on supply and demand due to lockdowns. In the wake of the COVID-19 pandemic, Artificial Intelligence will probably be one of the markets that have been impacted, along with other sectors. The sector's growth would be further hampered by the recession in the economy and the dynamic shifts in demand. The COVID-19 pandemic's effects on the entire Artificial Intelligence industry are covered in the paper. In addition to a thorough qualitative and quantitative examination, the report also includes significant data regarding the Artificial Intelligence market. Based on historical data from 2017 and 2018, a thorough projection is given till 2027. Profiles of both established and up-and-coming players are also provided, together with information on their business strategies, product portfolios, strategic alliances, and business expansion plans.

The global Artificial Intelligence Market is expected to reach USD 348.99 Billion by 2027, according to a new report by Emergen Research. The increasing need for understanding consumer needs and market trends is one of the major factors driving the market growth. Moreover, the extensive adoption of smartphones, along with the popularity of social media, will also boost the growth of the market in the coming years.

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The report bifurcates the Artificial Intelligence market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Key Companies Profiled in the Report are:

Samsung Electronics, Intel, Xilinx, NVIDIA, IBM, Micron Technology, Microsoft, Amazon Web Services (AWS), Google, and Facebook

Regional Landscape section of the Artificial Intelligence report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Artificial Intelligence market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The various regions analyzed in the report include:

  • 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)

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Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.

On the basis of type, the market is segmented into

  • Offering Outlook (Revenue, USD Billion; 2017-2027)

    • Hardware
      1. Processors
      2. Memory
      3. Network
    • Software
      1. AI Platforms
      2. AI Solutions
    • Services
      1. Deployment Integration
      2. Support Maintenance
  • Technology Outlook (Revenue, USD Billion; 2017-2027)

    • Machine Learning
      1. Deep Learning
      2. Supervised Learning
      3. Unsupervised Learning
      4. Reinforcement Learning
      5. Generative Adversarial Networks (GANS)
      6. Others
    • Natural Language Processing (NLP)
    • Context-Aware Computing
    • Computer Vision
  • End-User Industry Outlook (Revenue, USD Billion; 2017-2027)

    • Healthcare
    • Manufacturing
    • Agriculture
    • Automotive
    • Retail
    • Human Resources
    • Security
    • Marketing
    • Construction
    • Law
    • Fintech
    • Aerospace
    • Defense
    • Supply chain
    • Food and Beverage
    • Media and Entertainment
    • Gaming
    • Telecommunications
    • Oil and Gas

Research Report on the Artificial Intelligence Market Addresses the Following Key Questions:

  • Who are the dominant players of the Artificial Intelligence market?
  • Which regional market is anticipated to have a high growth rate over the projected period?
  • What consumer trends and demands are expected to influence the operations of the market players in the Artificial Intelligence market?
  • What are the key growth drivers and restraining factors of the Artificial Intelligence market?
  • What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
  • What is the overall impact of the COVID-19 pandemic on the Artificial Intelligence market and its key segments?

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