Artificial Intelligence Market is expected to reach $115 Billion by 2027 – An exclusive market research report from Lucintel

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Artificial Intelligence Market is expected to reach $115 Billion by 2027 – An exclusive market research report from Lucintel

July 27
17:38 2022
Artificial Intelligence Market is expected to reach $115 Billion by 2027 - An exclusive market research report from Lucintel
Trends and Forecast for the Global Artificial Intelligence (AI) Market
Trends, opportunities and forecast in artificial intelligence (AI) market to 2027 by end use industry (media and advertising, security, automotive, healthcare, retail, fintech, manufacturing, and others), technology (machine learning, natural learning processing, and others), product and service (hardware, software, and service), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel’s latest market report analyzed that artificial intelligence provides attractive opportunities in the healthcare, security, retail, automotive, manufacturing, and financial technology (fintech) sectors. The artificial intelligence market is expected to reach $115 billion by 2027 with a CAGR of 23.5%. In this market, machine learning is the largest segment by technology, whereas media and advertising is largest by end use industry. Growing adoption of artificial intelligence in IoT applications and increasing demand for AI-enabled processors provides strategic growth path in this market.

Download Brochure of this report by clicking on https://www.lucintel.com/artificial-intelligence-market.aspx Based on technology, the artificial intelligence market is segmented into the healthcare, security, retail, automotive, manufacturing, and financial technology (fintech) sectors. The machine learning segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing adoption of this technology in the autonomous applications and growing consumer preference for IoT-enabled devices.

Browse in-depth TOC on “Artificial Intelligence Market”

89 – Tables

106 – Figures

205 – Pages

The Artificial Intelligence Market is marked by the presence of several big and small players. Some of the prominent players offering artificial intelligence include Google, Siemens AG, Apple Inc., Facebook, Samsung, Microsoft, Amazon, NVIDIA, NEC Corporation, Intel Corporation, IBM, General Electric.

Request Sample Report:

https://www.lucintel.com/artificial-intelligence-market.aspx

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link h[email protected].

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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