Global Artificial Intelligence Market (2016-2021) - GMI Research Global Artificial Intelligence Market Opportunitie | Page 2
intelligence solutions for upgrading consumer services. The above stated
reasons are likely to positively impact the market in the coming years.
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On the basis of solution, software segment held the largest share in 2016 due to
increased usage in artificial intelligence applications such as video analytics,
sparse matrices, inference, among others. On the basis of end-use, media and
advertising segment commanded the market in 2016 and is forecast to witness
the substantial CAGR during 2016–2025. North America grabbed the largest
share in the market in 2016 owing to rising applications in the end-use verticals
majorly in media & advertising, automotive & transportation, healthcare, BFSI,
retail coupled with high government funding. On the other hand, Asia-Pacific
artificial intelligence market is expected to grow at the highest CAGR from 2016-
2025. China and Japan are the key countries in the region.
The research report “global artificial intelligence market” provides in-depth
analysis of global artificial intelligence market based on solution, technology,
end-use and major geographies from the period 2016 to 2025. The report
highlights the major market drivers pushing the growth and challenges faced by
market participants. The research report provides market size and forecast for
artificial intelligence market. Further, the report also analyses the competitive
landscape and the major players and their market share in 2016. The competitive
landscape section of the report also captures and states the recent development
in the market.
Additionally, the report has also covered profiles of the major companies active
in the field, including Google Inc., IBM Corporation, Microsoft Corporation, Nvidia
Corporation, Intel Corporation, Baidu Inc., Apple Inc., Facebook, Atomwise Inc.,
Sentient Technologies Holdings Limited