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AI in Asia-Pacific is Estimated to Touch US$43.7 Billion by 2023

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The market of AI in Asia-Pacific is estimated to grow from US$18.7 billion in 2018 to US$43.7 billion in 2023 at a CAGR of 13.0% during the forecast period. The AI market is mainly driven by technological advancements in countries like China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. Artificial intelligence (AI) focuses on simulating human intelligence for building smart machines capable of performing tasks that require human intelligence. It has the potential of planning, learning, recognizing human-like speech, and solving problems based on past experiences. It includes hardware components such as chipsets with high computing capabilities.


GIS and Spatial Analytics market to touch US$88.3 Billion by 2020!

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Geography, enriched by information systems to form the Geographic Information System or GIS, is growing exponentially. A core geospatial technology, the GIS is used virtually in every field, adding value to practically every business segment and application areas. In text, the genesis of GIS platforms (solutions/software) lies in capturing, analyzing, and presenting spatial and non-spatial information as effective visualizations. In reality, the segment is much more! The segment includes fast-growth engineering, and construction project designs, 3D Modeling with spatial data.