The rising number of innovative start-up operations working within the domain of AI powered tools and services is one of the key factors driving the growth within the global artificial intelligence as a service market. The solutions offered by the players and vendors functioning within the global artificial intelligence as a service market are utilized in a number of end use industry verticals, such as healthcare and life sciences, telecommunications, manufacturing, education, transportation, media and entertainment, banking, financial services, and insurance or BFSI, retail, government and defence, energy, and agriculture, among others. Some of the key technologies used by the players in the global artificial intelligence as a service market include deep learning, natural language processing or NLP, and machine learning or ML. The rising demand from the BFSI industry vertical is positively influencing the growth in the global artificial intelligence as a service market. On the other hand, healthcare and life sciences end use industry vertical is also expected to contribute heavily in the development of the global artificial intelligence as a service market in coming years.

AI Infrastructure involves the use of deep learning machine technology which allows a machine to develop a hierarchical structure. For example, the first layer of an image can be scanned for basic edges. It is then followed by a layer that gathers the edge forming shapes and finally a layer that can recognize the machine parts. After scanning hundreds of such layers to recognize the needed information, the neural network of the machine can then convert the features into an algorithm, which then is used to recognize the image. AI infrastructure allows to consistently manage data.

Transparency Market Research delivers key insights on the global contact center solution market. In terms of revenue, the global contact center solution market is estimated to expand at a CAGR of 19.3% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global contact center solution market. A contact center solution is a system that offers automatic contact sharing and inbound contact handling capabilities, united with a high degree of complexities in terms of active contact traffic management. Contact center solutions have the capability of offering competitive benefits to enterprises by helping them to enhance efficiency and productivity through the automation of outbound and inbound processes of a contact center. The global contact center solution market is broadly affected by several factors, including rise in technological advancements in the field of customer relationship management, and integration of artificial intelligence and machine learning into business processes, which is expected to boost the global contact center solution market during the forecast period.

The study on the Artificial Intelligence in Food and Beverages Market Research offers a profound comprehension of the market dynamics like opportunities, drivers, trends, and the challenges. The analysis further elaborates on the micro and macro-economic aspects which can be predicted to shape the rise of the Artificial Intelligence in Food and Beverages Market throughout the forecast period (2019-2029). The introduced study elucidates the key indexes of Market growth which contains a comprehensive analysis of CAGR development the value chain, and Porter's Five Forces Analysis. This data will enable readers to know the qualitative growth parameters of their worldwide market. The development prospects of this Artificial Intelligence in Food and Beverages Marketplace in various Regions are analyzed in the report together with information such as political, the regulatory frame, and economic outlook of each region.

Transparency Market Research, in its latest market intelligence study, finds that the global Commercial Artificial Intelligence market registered a value of US$ xx Mn/Bn in 2018 and is spectated to grow at CAGR of xx% during the foreseeable period 2019-2029. In terms of product type, segment holds the largest share, while segment 1 and segment 2 hold significant share in terms of end use. The Commercial Artificial Intelligence market study outlines the key regions – Region 1 (Country 1, Country 2), region 2 (Country 1, Country 2), region 3 (Country 1, Country 2) and region 4 (Country 1, Country 2). All the consumption trends and adoption patterns of the Commercial Artificial Intelligence are covered in the report. The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).

The Cognitive Computing market research encompasses an exhaustive analysis of the market outlook, framework, and socio-economic impacts. The report covers the accurate investigation of the market size, share, product footprint, revenue, and progress rate. Driven by primary and secondary researches, the Cognitive Computing market study offers reliable and authentic projections regarding the technical jargon. As per the latest business intelligence report published by Transparency Market Research, the Cognitive Computing market has been observing promising growth since the last few years. The report further suggests that the Cognitive Computing market appears to progress at an accelerating rate over the forecast period.

The global AIaaS market is predicted to gather pace in terms of growth as it registers a healthy CAGR during the forecast period 2018-2026. Well-established tech companies such as Microsoft, IBM, and Google offer AI services alongside their technology services in order to stay competitive in the industry. They realize that offering AI tools and software is not enough to maintain their supremacy in the technology world. Other software or professional service firms may partner with AI solutions providers to expand their customer base. In this regard, it could be said that the demand in the global AIaaS market will increase in the next few years.

The demand for artificial intelligence has grown significantly in the last few years due to the advantages it provides. Rising use of big data, growing demand for greater transparency and visibility into supply chain data and processes, and increasing adoption of AI for improving consumer services and satisfaction are some of the other factors driving the demand in this market. Moreover, growing applicability of AI in various industries has further augmented the demand in this market. The global artificial intelligence in supply chain market could be classified on basis of technology, application, end-user industry, and offerings. The end-user industry category can further be segmented into manufacturing, aerospace, automotive, retail, consumer packaged goods, healthcare, food and beverages, and others.

Artificial Intelligence Market Global Artificial Intelligence Market: Snapshot Globally, there is a wave of artificial intelligence across various industries, especially consumer electronics and healthcare. The wave is likely to continue in the years to come with the expanding base of applications of the technology. The global market for artificial intelligence is expected to witness phenomenal growth over the coming years as organizations worldwide have started capitalizing on the benefits of such disruptive technologies for effective positioning of their offerings and customer reach. According to a study by Transparency Market Research (TMR), the global market for artificial intelligence is estimated to post an impressive 36.1% CAGR between 2016 and 2024, rising to a valuation of US$3,061.35 The upward growth of the market is, however, hampered by the low upfront investments.

Facebook, Inc., Google, Inc., and Microsoft Corporation were the clear winners in the global chatbot market in 2015. Their collective share of close to 97.5% in the market's revenue is an indicator of the extremely consolidated nature of the market. Consumers show an extremely high preference for the products of these three players due to their recognition and the much larger investments they make into developing chatbot technologies. Additionally, Yahoo, Inc. has also made unique floors of development for itself to gather a significant share in the market. According to a research report released by Transparency Market Research, the scope of entry for new players into the global chatbot market is notably minor, given the sheer volume of the communications markets taken up by messaging applications such as Kik, Twitter, Facebook Messenger, WeChat, WhatsApp, Skype, and Line.