Global Artificial Intelligence (AI) Market Outlook 2024: Global Opportunity and Demand Analysis, Market Forecast, 2016-2024

Global Artificial Intelligence (AI) Market Outlook

Market Overview

In the era of digitalization and rapidly changing technology, Artificial intelligence technology is one the fastest evolving technology across the globe. Artificial intelligence technology deals with the study and development of intelligence of machines and software. Further this technology has vast applications in various sectors like healthcare and manufacturing. Artificial intelligence has potential to lift various industries by reducing the human effort and increasing productivity. The AI technology will transform the functionality of various sectors such as agriculture, Industrial, BFSI, Healthcare among others by providing ease to consumers and the users. Artificial intelligence consists of various technologies such as natural language processing, quarrying, deep learning etc which can be implemented in various applications. AI technologies increase the efficiency of organization and complete tasks efficiently on the back of systematic inputs in the system. AI software can be used in various cases such image recognition, algorithm pattern, big data management and many more. Business service applications and consumer products based on artificial intelligence expected to exhibit positive impact on AI market.

Moreover, massive researches are carrying out on big data services and machine learning which are some of the factors driving the growth of artificial intelligence market. Big international players like IBM, Microsoft among others are spending huge investments in research and development sectors to increase the advancement of artificial intelligence and to open the new avenues of application and services in untapped markets. Additionally, rising number of startups on artificial intelligence across the globe and huge funding by private firms are serving the uplift of artificial intelligence market which is anticipated to boost in the upcoming years. On the other hand, various key players adopted the business strategy of merger & acquisition by collaborating with each other and acquiring small startups and AI related organizations to boost the research activities of artificial intelligence. Likewise, the IT industry across the globe is growing on the back of advancements in connectivity and huge research funding. The big companies such as Microsoft, Google, Apple and others are bringing artificial intelligence (AI) into the core of their business. These advancements and wide-scale application of artificial intelligence along with potential growth in end-use industries is expected to transform the way we interact with machines and robots.

Market Segmentation

Our in-depth analysis segmented the Global Artificial Intelligence (AI) Market in the following segments:
By Technology
Deep Learning
Robotics
Digital Personal Assistant
Querying Method
Natural Language Processing
Context-Aware Processing
By Product
Software
Hardware
By Services
Installation
Training
Support and Maintenance
By End-User Application
Banking, Financial Services & Insurance (BFSI)
Wealth Management
Fraud Detection
Robot-integrated Manufacturing Systems
Automated Virtual Assistants
Manufacturing
Retail
Transportation & Automotive
Healthcare
Health Assistance
Research And Development
Autonomous Guided Vehicles
Product Recommendation
Automated In-store Robot
By Region
North America (US, Canada) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Million), Product Sales (Units)} Rest of the World{Market Share (%), Market Size (USD Million), Product Sales (Units)}

Growth Drivers and challenges

Digitization across the globe up surged the demand for artificial intelligence. Every sector including healthcare, banking, agriculture, education and other are shifting towards digitization. Developing economies around the world are adopting smart technologies to increase the efficiency of their business which further helps to gain profitability. The shift of enterprises towards innovative and smart technology products is directly opens the door for artificial intelligence market globally. The adoption of artificial intelligence in corporate enterprises to interpret the data and to read the algorithm pattern with less time consuming methods is expected to boost the demand for artificial intelligence in these sectors. Moreover, penetration of virtual assistance or chatbots for customer assistance in various end-use industries such as banking, e-commerce and others are propelling the demand for artificial intelligence based software. The ease of operating business processes along with cost-containment is the major reason behind the growth of artificial intelligence in end-use industries. In addition to this, increasing demand for smart conversational virtual assistants and speech to speech translation is expected to bolster the growth of artificial intelligence (AI) market globally.

On the other hand, penetration of artificial intelligence in business process automation and introduction of autonomous vehicles in developed nations are the key factors which are helping the market of AI to grow exponentially and further helping the business to penetrate in autonomous automobile industry. Expansion of e-commerce sector on the back of growing trend of online shopping and growing demand for customer assistance bots with intelligence and speech recognition systems in e-commerce and banking sector are propelling the market growth of artificial intelligence in nearby future. However, huge funding associated with current research and development programs on artificial intelligence based technologies is expected to hamper the growth of AI market. The high initial investment on artificial intelligence technology are making the software and services expensive which are curbing the growth of this industry. Moreover, negative mindset towards the use of artificial intelligence in various industries and lack of awareness in undeveloped nations are some of the major factors which are hindering the growth of this market.
Market Size and Forecast

The market of artificial intelligence (AI) is projected to register a CAGR of 17.2% during the forecast period i.e. 2015-2023. Acquisition, mergers and collaborations in IT sector helps to boost the growth of artificial intelligence market. Further, the market accounted USD 525 Milli0n in 2015 and it is expected to garner USD 14.2 Billion by the end of 2023. The natural language processing (NLP) segment is expected hold the largest share in near future on the back of rising implementation of NLP in banking and e-commerce industry for the improvement of customer assistance. Geographically, North-America region is expected to account the largest market share by 2023 across the globe. The reason behind the positive growth of AI market in this region is the wide-scale adoption of AI technologies in various end-use industries such as manufacturing, media and e-commerce. Moreover, North-America is one of the fastest growing markets in terms of technological advancements, business operations and manufacturing operations. On the other hand, Europe and Asia-Pacific region are expected to be the most opportunistic and growing sector across the globe during the forecast period i.e. 2015-2023. Rapid pace urbanization in growing economies such as India, China, Japan and other and rising penetration of smart phones further adopt AI technologies to save their time and to increase the efficiency. Likewise, huge automotive industry in Germany and wide advantages of AI technology in automotive systems further help to gain popularity among automotive industry. These factors further boost the growth of artificial intelligence market in both the regions.

Key Players

IBM
o Synopsis
o Financial Analysis
o Business Strategy
o Product Portfolio
o SWOT Analysis
Microsoft
Google
Apple
Intel
Amazon
Anki
AI Brain
Iris AI
Scope Background
Market Synopsis
Market Segmentation

The global artificial intelligence market is segmented as follows:
By Technology Type (Market Size, Demand Analysis and Growth Analysis)
By Product Type (Market Size, Demand Analysis and Growth Analysis)
By Services Type (Market Size, Demand Analysis and Growth Analysis)
By End-Users Type (Market Size, Demand Analysis and Growth Analysis)
Global Artificial Intelligence Market Report covered insights of below mentioned regions:
North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis}
Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
Rest of World {Market Size, Growth Analysis and Opportunity Analysis}

Market Dynamics: Growth Drivers, Restraints and Opportunities

Risk Factors
Regional Variations
Recent Trends and Developments
Key Market Players
Synopsis
Business Strategy
Product Portfolio
SWOT Analysis
Porters Five Force Model
Market Landscape: Competition and Beyond
Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
Expert Analysis
Concluding Remarks


1. Parent Market Synopsis
2. Executive Summary
3. Research Methodology
4. Regional Opportunity Analysis on the basis of Competitors
5. Global Artificial Intelligence Market Size (USD Billion) and Forecast Analysis, 2016-2024
6. Market Dynamics: Growth Drivers, Restraints and Opportunities
6.1. Risk Factors
6.2. Regional Variations
6.3. Recent Trends and Developments
7. Global Artificial Intelligence Market Segmentation
7.1. By Technology (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.1. Adoption Rate (%) by Technology
7.1.2. Deep Learning (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.3. Robotics (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.4. Digital Personal Assistant (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.5. Querying Method (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.6. Natural Language Processing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.7. Context Aware Processing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.8. Market Attractiveness by Technology
7.1.9. BPS Analysis by Technology
7.2. By Product (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.2.1. Adoption Rate (%) by Product
7.2.2. Software (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.2.3. Hardware (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.2.4. Market Attractiveness by Product
7.2.5. BPS Analysis by Product
7.3. By Services (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.1. Adoption Rate (%) by Services
7.3.2. Installation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.3. Training (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.4. Support and Maintenance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5. Market Attractiveness by Services
7.3.6. BPS Analysis by Services
7.4. By End Users (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1. Adoption Rate (%) by End Users
7.4.2. Banking, Financial Services & Insurance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3. Wealth Management (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4. Fraud Detection (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5. Robot-integrated Manufacturing Systems (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.6. Automated Virtual Assistants (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.7. Manufacturing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.8. Retail (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.9. Transportation & Automotive (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.10. Healthcare (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.11. Health Assistance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.12. Research and Development (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.13. Autonomous Guided Vehicles (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.14. Product Recommendation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.15. Automated In-store Robot (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.16. Market Attractiveness by End Users
7.4.17. BPS Analysis by End Users
7.5. By Region (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.5.1. North America Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.1. North America By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.5.1.1.1. U.S. Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.1.2. Canada (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.1.3. Market Attractiveness by Country
7.5.1.1.4. BPS Analysis by Country
7.5.1.2. North America By Technology (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.2.1. Adoption Rate (%) by Technology
7.5.1.2.2. Deep Learning (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.2.3. Robotics (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.2.4. Digital Personal Assistant (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.2.5. Querying Method (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.2.6. Natural Language Processing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.2.7. Context Aware Processing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.2.8. Market Attractiveness by Technology
7.5.1.2.9. BPS Analysis by Technology
7.5.1.3. North America By Product (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.3.1. Adoption Rate (%) by Product
7.5.1.3.2. Software (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.3.3. Hardware (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.3.4. Market Attractiveness by Product
7.5.1.3.5. BPS Analysis by Product
7.5.1.4. North America By Services (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.4.1. Adoption Rate (%) by Services
7.5.1.4.2. Installation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.4.3. Training (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.4.4. Support and Maintenance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.4.5. Market Attractiveness by Services
7.5.1.4.6. BPS Analysis by Services
7.5.1.5. North America By End Users (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.5.1. Adoption Rate (%) by End Users
7.5.1.5.2. Banking, Financial Services & Insurance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.5.3. Wealth Management (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.5.4. Fraud Detection (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.5.5. Robot-integrated Manufacturing Systems (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.5.6. Automated Virtual Assistants (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.5.7. Manufacturing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.5.8. Retail (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.5.9. Transportation & Automotive (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.5.10. Healthcare (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.5.11. Health Assistance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.5.12. Research and Development (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.5.13. Autonomous Guided Vehicles (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.5.14. Product Recommendation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.5.15. Automated In-store Robot (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1.5.16. Market Attractiveness by End Users
7.5.1.5.17. BPS Analysis by End Users
7.5.2. Europe Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.1. Europe By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.5.2.1.1. UK Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.1.2. France (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.1.3. Italy (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.1.4. Germany (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.1.5. Spain (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.1.6. Hungary (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.1.7. Sweden (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.1.8. Russia (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.1.9. Poland (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.1.10. Rest of Europe (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.1.11. Market Attractiveness by Country
7.5.2.1.12. BPS Analysis by Country
7.5.2.2. Europe By Technology (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.2.1. Adoption Rate (%) by Technology
7.5.2.2.2. Deep Learning (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.2.3. Robotics (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.2.4. Digital Personal Assistant (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.2.5. Querying Method (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.2.6. Natural Language Processing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.2.7. Context Aware Processing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.2.8. Market Attractiveness by Technology
7.5.2.2.9. BPS Analysis by Technology
7.5.2.3. Europe By Product (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.3.1. Adoption Rate (%) by Product
7.5.2.3.2. Software (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.3.3. Hardware (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.3.4. Market Attractiveness by Product
7.5.2.3.5. BPS Analysis by Product
7.5.2.4. Europe By Services (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.4.1. Adoption Rate (%) by Services
7.5.2.4.2. Installation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.4.3. Training (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.4.4. Support and Maintenance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.4.5. Market Attractiveness by Services
7.5.2.4.6. BPS Analysis by Services
7.5.2.5. Europe By End Users (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.5.1. Adoption Rate (%) by End Users
7.5.2.5.2. Banking, Financial Services & Insurance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.5.3. Wealth Management (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.5.4. Fraud Detection (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.5.5. Robot-integrated Manufacturing Systems (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.5.6. Automated Virtual Assistants (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.5.7. Manufacturing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.5.8. Retail (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.5.9. Transportation & Automotive (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.5.10. Healthcare (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.5.11. Health Assistance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.5.12. Research and Development (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.5.13. Autonomous Guided Vehicles (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.5.14. Product Recommendation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.5.15. Automated In-store Robot (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.2.5.16. Market Attractiveness by End Users
7.5.2.5.17. BPS Analysis by End Users
7.5.3. Middle East & Africa Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.1. Middle East & Africa By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.5.3.1.1. Gulf Cooperation Council Countries (GCC) Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.1.2. South Africa (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.1.3. North Africa (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.1.4. Rest of Middle East and Africa (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.1.5. Market Attractiveness by Country
7.5.3.1.6. BPS Analysis by Country
7.5.3.2. Middle East & Africa By Technology (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.2.1. Adoption Rate (%) by Technology
7.5.3.2.2. Deep Learning (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.2.3. Robotics (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.2.4. Digital Personal Assistant (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.2.5. Querying Method (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.2.6. Natural Language Processing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.2.7. Context Aware Processing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.2.8. Market Attractiveness by Technology
7.5.3.2.9. BPS Analysis by Technology
7.5.3.3. Middle East & Africa By Product (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.3.1. Adoption Rate (%) by Product
7.5.3.3.2. Software (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.3.3. Hardware (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.3.4. Market Attractiveness by Product
7.5.3.3.5. BPS Analysis by Product
7.5.3.4. Middle East & Africa By Services (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.4.1. Adoption Rate (%) by Services
7.5.3.4.2. Installation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.4.3. Training (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.4.4. Support and Maintenance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.4.5. Market Attractiveness by Services
7.5.3.4.6. BPS Analysis by Services
7.5.3.5. Middle East & Africa By End Users (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.5.1. Adoption Rate (%) by End Users
7.5.3.5.2. Banking, Financial Services & Insurance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.5.3. Wealth Management (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.5.4. Fraud Detection (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.5.5. Robot-integrated Manufacturing Systems (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.5.6. Automated Virtual Assistants (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.5.7. Manufacturing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.5.8. Retail (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.5.9. Transportation & Automotive (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.5.10. Healthcare (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.5.11. Health Assistance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.5.12. Research and Development (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.5.13. Autonomous Guided Vehicles (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.5.14. Product Recommendation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.5.15. Automated In-store Robot (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3.5.16. Market Attractiveness by End Users
7.5.3.5.17. BPS Analysis by End Users
7.5.4. Latin America Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.1. Latin America By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.5.4.1.1. Brazil Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.1.2. Mexico (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.1.3. Rest of Latin America (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.1.4. Market Attractiveness by Country
7.5.4.1.5. BPS Analysis by Country
7.5.4.2. Latin America By Technology (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.2.1. Adoption Rate (%) by Technology
7.5.4.2.2. Deep Learning (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.2.3. Robotics (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.2.4. Digital Personal Assistant (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.2.5. Querying Method (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.2.6. Natural Language Processing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.2.7. Context Aware Processing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.2.8. Market Attractiveness by Technology
7.5.4.2.9. BPS Analysis by Technology
7.5.4.3. Latin America By Product (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.3.1. Adoption Rate (%) by Product
7.5.4.3.2. Software (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.3.3. Hardware (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.3.4. Market Attractiveness by Product
7.5.4.3.5. BPS Analysis by Product
7.5.4.4. Latin America By Services (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.4.1. Adoption Rate (%) by Services
7.5.4.4.2. Installation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.4.3. Training (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.4.4. Support and Maintenance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.4.5. Market Attractiveness by Services
7.5.4.4.6. BPS Analysis by Services
7.5.4.5. Latin America By End Users (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.5.1. Adoption Rate (%) by End Users
7.5.4.5.2. Banking, Financial Services & Insurance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.5.3. Wealth Management (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.5.4. Fraud Detection (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.5.5. Robot-integrated Manufacturing Systems (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.5.6. Automated Virtual Assistants (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.5.7. Manufacturing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.5.8. Retail (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.5.9. Transportation & Automotive (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.5.10. Healthcare (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.5.11. Health Assistance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.5.12. Research and Development (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.5.13. Autonomous Guided Vehicles (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.5.14. Product Recommendation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.5.15. Automated In-store Robot (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4.5.16. Market Attractiveness by End Users
7.5.4.5.17. BPS Analysis by End Users
7.5.5. Asia Pacific (APAC) Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.1. Asia Pacific By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.5.5.1.1. China Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.1.2. Japan (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.1.3. India (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.1.4. Singapore (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.1.5. South Korea (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.1.6. Australia (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.1.7. New Zealand (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.1.8. Rest of APAC (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.1.9. Market Attractiveness by Country
7.5.5.1.10. BPS Analysis by Country
7.5.5.2. APAC By Technology (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.2.1. Adoption Rate (%) by Technology
7.5.5.2.2. Deep Learning (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.2.3. Robotics (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.2.4. Digital Personal Assistant (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.2.5. Querying Method (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.2.6. Natural Language Processing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.2.7. Context Aware Processing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.2.8. Market Attractiveness by Technology
7.5.5.2.9. BPS Analysis by Technology
7.5.5.3. APAC By Product (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.3.1. Adoption Rate (%) by Product
7.5.5.3.2. Software (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.3.3. Hardware (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.3.4. Market Attractiveness by Product
7.5.5.3.5. BPS Analysis by Product
7.5.5.4. APAC By Services (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.4.1. Adoption Rate (%) by Services
7.5.5.4.2. Installation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.4.3. Training (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.4.4. Support and Maintenance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.4.5. Market Attractiveness by Services
7.5.5.4.6. BPS Analysis by Services
7.5.5.5. APAC By End Users (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.5.1. Adoption Rate (%) by End Users
7.5.5.5.2. Banking, Financial Services & Insurance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.5.3. Wealth Management (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.5.4. Fraud Detection (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.5.5. Robot-integrated Manufacturing Systems (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.5.6. Automated Virtual Assistants (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.5.7. Manufacturing (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.5.8. Retail (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.5.9. Transportation & Automotive (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.5.10. Healthcare (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.5.11. Health Assistance (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.5.12. Research and Development (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.5.13. Autonomous Guided Vehicles (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.5.14. Product Recommendation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.5.15. Automated In-store Robot (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5.5.16. Market Attractiveness by End Users
7.5.5.5.17. BPS Analysis by End Users
8. Competitive Outlook
8.1. Market Share of Major Players (2016)
8.2. Company Profiles
8.2.1. IBM
8.2.1.1. Synopsis
8.2.1.2. Business Strategy
8.2.1.3. Product Portfolio
8.2.1.4. SWOT Analysis
8.2.2. Microsoft
8.2.3. Google
8.2.4. Apple
8.2.5. Intel
8.2.6. Amazon
8.2.7. Anki
8.2.8. AI Brain
8.2.9. Iris AI
9. Porters Five Force Model
10. Market Landscape: Competition and Beyond
11. Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
12. Expert Analysis
13. Concluding Remarks

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