Artificial Intelligence Market Report 2016 - Global Forecast to 2022: Artificial Intelligence (AI) Market is Expected to be Worth USD 16.06 Billion by 2022, at a CAGR of 62.9% - Research and Markets

Research and Markets has announced the addition of the "Artificial Intelligence Market by Technology (Deep Learning, Robotics, Digital Personal Assistant, Querying Method, Natural Language Processing, Context Aware Processing), Offering, End-User Industry, and Geography - Global Forecast to 2022" report to their offering. The artificial intelligence (AI) market is expected to be worth USD 16.06 Billion by 2022, at a CAGR of 62.9% between 2016 and 2022. The major drivers for the growth are increasingly large and complex datasets and Growing number of AI applications in various end-user industries. Moreover, the increasing adoption of AI-enabled products and software tools to improve consumer services further accelerate its market growth. Of all the major end-user industries, transportation and automotive holds the largest share of the artificial intelligence market.