Global Artificial Intelligence (AI) Market (2018-2025)-GMI Research Global Artificial Intelligence (AI) Market (2018-2 | Page 2

solutions for upgrading consumer services. The above stated reasons
are likely to positively impact the market in the coming years.
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Deep learning is expected to dominate the AI market during the
forecast period
Deep learning segment captured the largest share in artificial
intelligence market globally due to it’s increased usage across various
industries, such as BFSI, automotive as well as media & advertising.
Besides that, surging demand for technologically advanced deep
learning hardware as well as cloud based technology has further
spurred growth of the segment. Moreover, complex data driven
applications including image recognition, signal recognition and data
mining of deep learning technology is anticipated to positively affect
the market growth.
AI market is witnessing the significant growth in the media &
advertising industry followed by healthcare industry
Media & advertising segment held the largest share in the indicated
year and is predicted to grow at a substantial rate during the forecast
period owing to rising usage of artificial intelligence solutions in
various applications, such as ad targeting, content creation, fraud
prevention, predictive customer service, consumer product
recommendation, sales forecasting and web/app personalization. Also,
significant investments by industries, such as banking, retail,
healthcare and manufacturing in artificial intelligence systems are
expected to lay down the best path for the market to grow.