Best AI Technology leaders are Google, Amazon, IBM, Microsoft, Salesforce, Oracle, NVIDIA, Intel, SAP, and Adobe. The global artificial intelligence market is expected to grow from $2.9 billion in 2019 to $19.6 billion by 2024, at a CAGR of 42.6% during the forecast period. The growth of the artificial intelligence market is driven by the increasing demand for intelligent virtual assistants, such as Amazon Alexa and Google Home, and the increasing adoption of AI-based technologies by enterprises. According to Zion Market Research, The global artificial intelligence market is anticipated to increase from $59.7 billion in 2021 to $422.4 billion by 2028. Robotics, automation, and AI are causing disruption in almost every business.

Ottawa, April 19, 2022 (GLOBE NEWSWIRE) -- The global artificial intelligence (AI) market size was valued at US$ 87.04 billion in 2021. The artificial intelligence technology has gained a rapid traction since its introduction in the market. The rising demand for artificial intelligence technology across various induce verticals such as a retail, BFSI, healthcare, food and beverages, automotive, and logistics is significantly contributing towards the growth of the global artificial intelligence market. Furthermore, the rising adoption of the AI technology in the pharmaceutical manufacturing is expected to have a significant impact on the market growth in the forthcoming years. The biopharmaceutical companies are increasingly adopting the artificial intelligence technology in various applications such as research, drug discovery, and clinical trials, which is significantly fueling the demand for artificial intelligence technology across the globe. The growing penetration of advanced digital technologies across the globe in various application is supporting the growth of the AI market.

The "Artificial Intelligence Global Market Report 2021: COVID-19 Growth and Change to 2030" report has been added to ResearchAndMarkets.com's offering. This report provides strategists, marketers and senior management with the critical information they need to assess the global artificial intelligence market. This report focuses on the artificial intelligence market which is experiencing strong growth. The report gives a guide to the artificial intelligence market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic. The global artificial intelligence market is expected to grow from $40.17 billion in 2020 to $51.56 billion in 2021 at a compound annual growth rate (CAGR) of 28.4%.

"The global Artificial Intelligence market is a capital-intensive, energy-consuming, and vital industry for many economies across the world. This comprehensive report on the global Artificial Intelligence market aims to provide a general overview of the Artificial Intelligence industry by presenting extensive research about the market, exhibiting important market aspects, and suggesting future growth directions based on the market study. The report critically analyzes the market forces that affect the pricing structure and production in the market. To examine these forces two perspectives are used namely Porter's Five Forces Analysis and institutional economics framework. Porter's Five Forces Analysis examines the competitive forces that drive the global Artificial Intelligence market economy and institutional economics framework role of the governments and regulatory policies in influencing the infrastructural development, production, and distribution channels of the global Artificial Intelligence market.

A new market study is released on Global "Artificial Intelligence Market 2021" with data Tables for historical and forecast years represented with Chats & Graphs with easy to understand detailed analysis. The report also sheds light on present scenario and upcoming trends and developments that are contributing in the growth of the market. In addition, key market boomers and opportunities driving the market growth are provided that estimates for Global Artificial Intelligence Market till 2027. The authors of the Artificial Intelligence Market report have piled up a detailed study on crucial market dynamics, including growth drivers, restraints, and opportunities. The Global Artificial Intelligence Market accounted for USD 16.14 billion in 2017 and is projected to grow at a CAGR of 37.3% the forecast period of 2018 to 2025.

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Digital Transformation Institute will seek to develop artificial intelligence tools that can help combat COVID-19. Here's How Walmart Is Using Artificial Intelligence to Keep Prices Low

Digital Transformation Institute will seek to develop artificial intelligence tools that can help combat COVID-19. Here's How Walmart Is Using Artificial Intelligence to Keep Prices Low

GNW • Which global factors are expected to impact the artificial intelligence market for automotive and transportation industry in the future? What are the key market strategies being adopted by them? Global Artificial Intelligence Market for Automotive and Transportation Industry Forecast, 2019-2029 In terms of value, the global artificial intelligence market for automotive and transportation industry is expected to grow at a CAGR of 13.12% during the forecast period 2019-2029. The growth in the market is attributable to the ongoing demand for innovative and technologically advanced automotive solutions. Moreover, intelligent solutions which reduce the incidences of human mistakes while driving, along with providing additional features for enhancing ease-of-driving, have driven the market.

Report Scope: The scope of the report includes, a general outlook of the analytics industry, with the scope limited to reports published during the year 2016, 2017 and 2018. This report covers only advanced analytics, artificial intelligence, and cognitive computing technologies. GNW The advanced analytics market covers the following solutions: software tools, integrated hardware appliances, and services. The advanced analytics market comprises applications for the following industries: banking and financial services, telecommunications and IT, healthcare, government and defense, transportation and logistics, and consumer goods and retail. The AI market covers machine learning, deep learning, and expert systems as these are direct derivatives of analytics.Cognitive computing market in this report covers machine learning and expert systems.