New York, NY, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled "Artificial Intelligence (AI) in Food and Beverages Market By Organization Size (Small, Medium & Large Enterprises), By Application (Food Sorting, Quality Control, and Safety Compliance, Consumer Engagement, Production and Packaging, Maintenance, and Other Applications), By End-Use Industry (Food Processing, Grocery, Hotels & Beverages Industry, and Others Region: Global & Regional Industry Perspective, Comprehensive Analysis, and Forecasts, 2021 – 2026". "According to the recent research report, the demand of global Artificial Intelligence (AI) in Food and Beverages Market size & share expected to reach to USD 29.45 Billion by 2026 from USD 3.07 Billion in 2020, at a compound annual growth rate (CAGR) of 45.70% during the forecast period 2021 to 2026" Artificial Intelligence (AI) is the process of developing intelligent robots that act and react similarly to humans. The objective is to teach machines how to think intelligently in the same way humans do. Until recently, the machines did exactly what they were programmed to do. AI, on the other hand, will allow machines to think and behave in the same way that people do. In the food processing industry, artificial intelligence is being utilized to improve a variety of products, streamline operations, and improve the customer experience.

The global autonomous agents market is expected to grow at a CAGR of 55.15% during the forecast period, 2019–2026. The pervasiveness of artificial intelligence is inciting the demand for autonomous agents across the globe. An autonomous agent, also known as an intelligent agent, operates and is enabled to act and react in a dynamic working environment. These agents could work independently or collaboratively, providing solutions to complex problems. Autonomous agents range from smartphone applications to autonomous robots such as shopping bots, personal agents, monitoring and surveillance agents, and data mining agents, among others.

DUBLIN--(BUSINESS WIRE)--The "Machine Learning: Global Markets to 2022" report has been added to ResearchAndMarkets.com's offering. Revenue forecasts from 2017 to 2022 for segmentation based on deployment, organization size, end-user industries, and geography have been estimated with values derived from solutions and service providers' total revenues. The report also includes a section on the major players in the market. Further, it explains the major drivers, competitive landscape, and current trends in the machine learning market. The report concludes with an analysis of the machine learning vendor landscape and includes detailed profiles of the major players in the global machine learning market.

Report Scope: In this report, the market has been segmented based on type, deployment, organization size, end-user industries, and geography.The report covers the overview of the global market for machine learning and analyses the market trends, considering the base year of 2016 and estimates for 2017 to 2022. Revenue forecasts from 2017 to 2022 for segmentation based on deployment, organization size, end-user industries, and geography have been estimated with values derived from solutions and service providers' total revenues. The report also includes a section on the major players in the market.Further, it explains the major drivers, competitive landscape, and current trends in the machine learning market. The report concludes with an analysis of the machine learning vendor landscape and includes detailed profiles of the major players in the global machine learning market. Report Includes: - 45 data tables and 32 additional tables - An overview of the global market for machine learning - Analyses of global market trends, with data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022 - Identification of segments with high growth potential and their future applications - Explanation of major drivers and regional dynamics of the market and current trends within the industry - Detailed profiles of major vendors in the market, including Amazon.com Inc., Alphabet Inc., Baidu Inc., Intel Corp. and Hewlett Packard Enterprise Company Summary Machine learning is one of the fastest growing areas of computer science, with a wide range of applications.Machine learning is an application of artificial intelligence (AI) that provides systems with the ability to automatically learn and improve from experience without being explicitly programmed.

Machine Learning is a subfield of computer science by which computers have the ability to learn without being explicitly programmed. Machine learning is a method used to develop complex models and algorithms that lend themselves to prediction. Machine learning is deployed where the system deals with large scale of data. Deployments of machine learning leads to improved speed and accuracy of the functions performed by the system. Machine learning is majorly deployed for solving classification and regression problems.

Do humans make computers smarter? Could machine learning save this sea cow? Artificial intelligence is fact, not fantasy! Stay up-to-date on the topics you care about. We'll send you an email alert whenever a news article matches your alert term.