Artificial Intelligence in Marketing Market Worth 40.09 Billion USD by 2025 /PR Newswire India/

According to the "Artificial Intelligence in Marketing Market by Offering (Hardware, Software, Services), Technology (Machine Learning, Context-Aware Computing, NLP, Computer Vision), Deployment Type, Application, End-User Industry, and Geography - Global Forecast to 2025", published by MarketsandMarkets, the market is expected to be valued at USD 6.46 Billion in 2018 and is likely to reach USD 40.09 Growth in the adoption of customer-centric marketing strategies, increase in demand for virtual assistants, and increased use of social media for advertising are the major factors driving the demand for AI-based marketing and sales solutions. Browse 67 tables and 59 figures spread through 200 pages and in-depth TOC on "Artificial Intelligence in Marketing Market - Global Forecast to 2025" Software holds a major share of the overall AI in marketing market owing to the developments in AI software and related software development kits. AI systems require different types of software, including application program interfaces, such as language, speech, vision, and sensor data, along with machine learning algorithms, to realize various applications for sales and marketing. Software platforms and solutions are available at high costs as there are limited number of experts that develop machine learning algorithms.