Artificial Intelligence in Manufacturing Market Worth 4,882.9 Million USD by 2023

According to the new market research report "Artificial Intelligence in Manufacturing Market by Offering (Hardware, and Software), Technology (Deep Learning, Computer Vision, Context Awareness, and Natural Language Processing), Application, Industry, and Geography - Global Forecast to 2023", published by MarketsandMarkets, the artificial intelligence (AI) in manufacturing market is expected to grow from USD 272.5 Million in 2016 to USD 4,882.9 The growing usage big data technology, Industrial IoT in manufacturing, extensive usage of robotics in manufacturing, computer vision technology in manufacturing, cross-industry partnerships and collaborations, and significant increase in venture capital investments would propel the growth of the AI in manufacturing market. Browse 61 Market Data Tables and 58 Figures spread through 189 Pages and in-depth TOC on "Artificial Intelligence in Manufacturing Market - Global Forecast to 2023" In recent years, major software vendors such as IBM Corporation (US), Microsoft Corporation (US), and Alphabet Inc. (US) have started offering cognitive applications and cognitive software platforms. Moreover, many start-ups such as DataRPM (US), Clearpath Robotics Inc. (Canada), Sight Machine (US), Preferred Networks Inc. (Japan), SkyMind Inc. (US), Kespry Inc. (US), and AIBrain, Inc. (US) are bringing intelligent software solutions in manufacturing. The booming venture capital market for AI software-based start-ups and usage of big data technology are driving the growth of the AI in manufacturing market for the software segment.