Artificial Intelligence Engineering Market Recent Developments, New Opportunities, ROI Analysis 2030
The global Artificial Intelligence (AI) engineering market size reached USD 8.05 Billion in 2020 and is expected to register a revenue CAGR of 41.2% during the forecast period, according to latest analysis by Emergen Research. Rapid adoption of automation in various sectors is expected to support market revenue growth during the forecast period. Moreover, increase in private investment for R&D of AI is expected to boost market growth.
Adoption of automation in various sectors involves integrating automation with various business operations and thereby reducing manual labor significantly. It also involves automation of data collection and preprocessing, which is another major factor driving growth of the global AI engineering market revenue.
The Artificial Intelligence Engineering Market report provides the historical as well as present growth factors of the global market .The report contains financial data achieve from various research sources to provide specific and reliable analysis. The report presents information about the Top Manufacturers (Byk-Chemie GmbH, BASF SE, Dow, Arkema) of the world and countries with their regional development status, volume, market size, market value, and price data.
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The report points that are discussed within the systematic approach are the major market players that are involved in the Artificial Intelligence Engineering Market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc. The Artificial Intelligence Engineering Market report handles the distribution chain analysis of high Key players. Some of the leading manufacturers included in the market are
Google LLC, International Business Machines Corporation, Intel Corporation, Baidu, Inc., Oracle Corporation, Salesforce.com, Inc., Cisco Systems, Inc., Meta Platforms, Inc., Siemens AG, and Nvidia Corporation.
Further key findings from the report suggest
- Software segment revenue is expected to grow at a rapid CAGR during the forecast period, due to rising demand for enterprise AI software that mimics human behavior by learning various data patterns and insights, and also helps in decision-making.
- On-cloud segment is expected to register a significantly robust revenue growth rate over the forecast period, due to availability of virtual machines with powerful Graphics Processing Units (GPUs), which enable the user to perform advanced computation.
- North America is expected to account for a larger revenue share in the global AI engineering market over the forecast period as compared other regional markets, due to robust presence of international and domestic AI solution providers for large enterprises, such as Google LLC, Cisco Systems, Inc., Meta Platforms, Inc., and Oracle Corporation, among others.
Read more on the global Artificial Intelligence Engineering market report at: https://www.emergenresearch.com/industry-report/artificial-intelligence-engineering-market
For this report, Emergen Research has segmented the global AI engineering market on the basis of solutions, technology, end-use, deployment, and region:
- Solutions Outlook (Revenue, USD Billion; 2018–2030)
- Hardware
- Software
- Services
- Technology Outlook (Revenue, USD Billion; 2018–2030)
- Deep Learning
- Machine Learning
- Supervised Learning
- Unsupervised Learning
- Reinforcement Learning
- Natural Language Processing
- Speech Recognition
- Optical Character Recognition (OCR)
- Semantic Search
- Sentiment Analysis
- Computer Vision
- End-use Outlook (Revenue, USD Billion; 2018–2030)
- Healthcare
- Automotive & Transportation
- Agriculture
- IT
- Business Management
- Manufacturing
- Others
- Deployment Outlook (Revenue, USD Billion; 2018–2030)
- On-cloud
- On-premises
The Artificial Intelligence Engineering Market research report segments the global market into drivers, opportunities, restraints, and challenges. The segmentation includes technology, product, platform, application, and region. The report projections are based on both historical and predicted trends. Major companies active in the global domain have also been profiled, along with the key strategies they use to stay competitive.
Major Regions Covered in the Artificial Intelligence Engineering Market Report:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Artificial Intelligence Engineering market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Artificial Intelligence Engineering with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
Key Reasons to Buy This Report:
- The report presents a thorough examination of the Artificial Intelligence Engineering market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
- The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
- The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
- The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.
Thank you for reading our report. Customization of the report is available according to the requirements of clients. In case of further queries about the report, do get in touch with us. Our team will make sure your report is tailored according to your needs.
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