Recent research has found that artificial intelligence technology is expected to remain a major priority for federal agencies. While the COVID pandemic response added urgency to the development of agencies' IT and AI capabilities, these technologies are rooted in agencies' long-term IT and R&D strategic plans. The Federal Artificial Intelligence Landscape, 2022 report, produced by Deltek's Federal Market Analysis team, examines the major budgetary, policy, acquisition and workforce issues influencing federal AI priorities. That research has found that as government mission requirements grow, federal agencies are seeking ways to maximize the use of the vast data sets they collect and store. Artificial intelligence and machine learning technologies have emerged as key solutions enabling agencies to improve mission effectiveness, stretch workforce capacity, combat waste, fraud and abuse and drive operational efficiencies.

The "AI in Government - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering. The Artificial Intelligence (AI) in government market was valued at US$4.904 billion in 2019. In recent years, government in different countries are taking a keen interest in artificial intelligence (AI) technology. They are increasingly investing in artificial intelligence (AI), spending budget, and time on pilot programs for various AI applications while discussing with people in the filed on the future implications of this technology for various public projects. The growing volume of big data is the major factor that is increasing the adoption of artificial intelligence (AI) technology across the government sector as it reduces the cost of storing and processing that data.

Artificial intelligence (AI) technologies and deployments are becoming even more widespread, thanks to a combination of growing amounts of data, faster processing power, and increasingly powerful algorithms. Indeed, as AI technologies make their way into virtually every industry, enabling machines to speak, listen, move, and make decisions in unprecedented ways, a wide range of use cases are illustrating the potential business opportunities, attracting new investment, and driving changes to existing business processes. According to a new report from Tractica, AI implementations now encompass 258 discrete use cases, and the worldwide market for AI software stands at $8.1 billion as of the end of 2018, a figure the market intelligence firm forecasts to rise to $105.8 billion annually by 2025. "The AI opportunity spans a wide range of industries and geographies, from advertising and automotive, to transportation and telecommunications," says principal analyst Keith Kirkpatrick. "A significant portion of the overall revenue is concentrated in highly domain-specific markets with high-volume data needs and ontologies, as well as those with growing applications for machine perception."

A new press release reports, "Today Tractica announced the launch of its new Artificial Intelligence Advisory Service, a subscription-based market research and analysis suite that provides independent and objective market intelligence and strategy insights for companies engaged in the rapidly evolving artificial intelligence (AI) market. As part of the service, Tractica's global industry analyst team provides strategic and quantitative analysis focused on the market opportunity for AI technologies in enterprise, consumer, and government markets." Managing director Clint Wheelock commented, "Artificial intelligence technologies are already beginning to have a disruptive effect on established business models across virtually every industry, while simultaneously enabling new business processes that were not previously possible… Rapid advances in AI technologies like deep learning, machine learning, computer vision, and natural language processing (NLP) are being enabled by more powerful hardware, sophisticated algorithms, and a virtually limitless ocean of data to analyze and interpret." The release goes on, "As part of its Artificial Intelligence service, Tractica's industry analysts offer timely and actionable market insights, covering specific technology and industry sectors as well as overall market conditions and trends. Research reports include an in-depth examination of AI business models, use cases, technology issues, and key industry players in addition to detailed market sizing, segmentation, and forecasts. Tractica's Artificial Intelligence Advisory Service examines use cases and business models for the application of artificial intelligence technologies in enterprise, consumer, and government markets."

BOULDER, Colo.--(BUSINESS WIRE)--Today Tractica announced the launch of its new Artificial Intelligence Advisory Service, a subscription-based market research and analysis suite that provides independent and objective market intelligence and strategy insights for companies engaged in the rapidly evolving artificial intelligence (AI) market. As part of the service, Tractica's global industry analyst team provides strategic and quantitative analysis focused on the market opportunity for AI technologies in enterprise, consumer, and government markets. Research reports include an in-depth examination of AI business models, use cases, technology issues, and key industry players in addition to detailed market sizing, segmentation, and forecasts. Tractica's Artificial Intelligence Advisory Service examines use cases and business models for the application of artificial intelligence technologies in enterprise, consumer, and government markets.

BOULDER, Colo.--(BUSINESS WIRE)--Today Tractica announced the launch of its new Artificial Intelligence Advisory Service, a subscription-based market research and analysis suite that provides independent and objective market intelligence and strategy insights for companies engaged in the rapidly evolving artificial intelligence (AI) market. As part of the service, Tractica's global industry analyst team provides strategic and quantitative analysis focused on the market opportunity for AI technologies in enterprise, consumer, and government markets. "Artificial intelligence technologies are already beginning to have a disruptive effect on established business models across virtually every industry, while simultaneously enabling new business processes that were not previously possible," says managing director Clint Wheelock. "Rapid advances in AI technologies like deep learning, machine learning, computer vision, and natural language processing (NLP) are being enabled by more powerful hardware, sophisticated algorithms, and a virtually limitless ocean of data to analyze and interpret." As part of its Artificial Intelligence service, Tractica's industry analysts offer timely and actionable market insights, covering specific technology and industry sectors as well as overall market conditions and trends.