Roundup Of Machine Learning Forecasts And Market Estimates, 2019

Improving customer experiences by strengthening sales and marketing with greater insights is one of the primary catalysts driving AI and machine learning adoption today. EconSight, an independent Swiss economic research and consulting company, recently presented their study Artificial Intelligence As A Key Technology and Driver of Technological Progress. Using the PatentSight analytics platform, Kai Gramke, Managing Director of EconSight found that marketing patents dominate all categories of AI patent and intellectual property development. The marketing category is easily the fastest growing of all, having already reached a Compound Annual Growth Rate (CAGR) of 29.3% between 2010 and 2018. The second- and third-fastest growing global AI patent categories between 2010 and 2018 are AI-based digital security (23.4% CAGR) and AI-based mobility (23% CAGR).