Artificial Intelligence Systems Spending Market Revenue Share, Company Profiles, Launches and Forecast to 2028
Market Trends – Growing government focus on the digital economy.
— Emerging research
VANCOUVER, BC, CANADA, June 28, 2022 /EINPresswire.com/ —
The Artificial Intelligence Systems Spending Market The report further throws light on emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrain the growth of the Artificial Intelligence Systems Spending Market. It provides a comprehensive assessment of the global Artificial Intelligence Systems Spending Market from various perspectives to deliver detailed, informative, and accurate analysis of regional growth, competition, and market segmentation, among other factors. Moreover, it also gives an accurate account of the significant breakthroughs and developments influencing the global Artificial Intelligence Systems Spending market. It also focuses on the global as well as regional expansion of the Artificial Intelligence Systems Spending industry to give an overall analysis.
The global artificial intelligence systems spending market is expected to reach a market size of USD 767.60 billion by 2028 and register a significantly high CAGR, according to the latest analysis from Emergen Research. The growth of the global artificial intelligence systems expenditure market in terms of revenue is expected to increase significantly over the forecast period owing to the growing demand for AI solutions in the education sector. The growing adoption of AI in the BFSI industry to provide improved customer service is also another major factor that is expected to further drive the growth of the global artificial intelligence systems spending market during the forecast period. Growing government focus on digital economy transformation is expected to further support market growth in the future.
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The report also profiles established and emerging market players, covering business overview, product portfolio, strategic alliances, and business expansion strategies.
The major market players are Google LLC, Microsoft Corporation, Apple Inc., Facebook, Inc., International Business Machines Corporation, Intel Corporation, Wipro Limited, Accenture PLC, Infosys Limited, and Salesforce.com Inc.
Industry structure analysis of Artificial Intelligence Systems Spending Market by identifying various sub-segments
In-depth analysis of key market players along with their SWOT analysis
Benchmark of the competitive landscape
Artificial Intelligence Systems Spending Market analysis based on growth trends, futuristic prospects, and contribution to total market growth
Analysis of drivers, restraints, opportunities, challenges, and risks in the Global Artificial Intelligence Systems Spending Market
Complete analysis of competitive developments such as extensions, agreements,
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The report studies the historical data of the Artificial Intelligence Systems Spending market and offers valuable insights into key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other aspects. vital.
Emergen Research has segmented the global artificial intelligence systems spending market on the basis of component, technology, application, end-use, and region.
Components Outlook (Revenue, USD Billion; 2021-2028)
Technology Outlook (Revenue, USD Billion; 2021-2028)
natural language processing
General Artificial Intelligence (AGI)
Super artificial intelligence (ASI)
Application Outlook (Revenue, USD Billion; 2021-2028)
Automated Intelligence and Threat Prevention Systems
Fraud analysis and investigation
Automated customer service
End-Use Outlook (Revenue, USD Billion; 2021-2028)
Media and entertainment
The full regional analysis covers:
North America (United States, Canada, Mexico
Europe (UK, 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 and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
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Key points of the Artificial Intelligence Systems Spending market:
In terms of revenue contribution to the global artificial intelligence systems spending market, the automated customer service segment is expected to lead during the forecast period owing to the growing implementation of AI-based platforms. to optimize customer service activities across different end-use industries.
The healthcare segment is expected to account for a comparatively higher market share during the forecast period owing to the growing use of AI platforms for the identification and validation of novel cancer drug targets.
The North America market is expected to account for the highest revenue share among other regional markets over the forecast period owing to the growing government focus on digital economy transformation in countries in the region.
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The size of the artificial intelligence systems spending market worth USD 767.60 billion by 2028