Artificial Intelligence Market To Reach US$ 56.75 Bn By 2025

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Artificial Intelligence Market- Growth, Future
Prospects, and Competitive Landscape, 2017-2025
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According to a new market research report
published by Credence Research Artificial
Intelligence Market (By Technology Deep
Learning, Robotics, Digital Personal Assistant,
Querying Method, Neuro- Linguistic Programming
and Context-Aware Processing By End-use
Industry Manufacturing and Processing, BFSI,
Oil and Gas, Healthcare, Agriculture, Automotive
and Transportation, Retail and Others) - Growth,
Future Prospects, and Competitive Landscape,
2017-2025, artificial intelligence market was
valued at US 1.36 Bn in 2016 and is expected to
grow at a CAGR of 52 during the forecast period
from 2017 to 2025. The complete report is
available at http//www.credenceresearch.com/repor
t/artificial-intelligence- market Market
Insights Artificial intelligence can be defined
as the technology used to create intelligent
computing system. The systems equipped with
artificial intelligence do not require constant
human intervention or supervision to carry out
the designated process. A system integrated with
artificial intelligence has the ability to learn
new things, store information and implement it
according to the situation. This technology has
significantly reduced the dependency on human
operators, thus helped in reducing considerable
human errors and aided in attaining optimum
productivity in an organization. Owing to the
merits offered by artificial intelligence,
companies across different end-use verticals have
been adopting artificial intelligence at a
significant rate to improve their product quality
and productivity. Many international giants are
engaged in the development of a variety of
technologies which are categorized under the
field of artificial intelligence. Technologies
such as deep learning, intelligent robots,
neuro-linguistic programming and querying method,
among others have been aiding in the enhancement
of the existing systems to produce maximum
output. In addition to the CNC machines and
robotics, artificial intelligence has also found
its application across different industry
verticals such as healthcare, oil and gas and
automotive and transportation among others. With
the merits offered by artificial intelligence,
the aforementioned end-user industries are
rapidly incorporating this technology in order
to achieve optimum results. Consequently, the
demand for application-specific artificial
intelligence is growing at a significant rate and
is expected to grow even further in the following
years. Competitive Insights Artificial
intelligence market is evolving at a significant
rate and is characterized by well-established
international players, as of 2016. With
consistent evolution of artificial intelligence,
the developers have been working towards
introducing more sophisticated and advanced
artificial intelligence systems. The companies
are also trying to develop application-specific
AI and are perpetually exploring new avenues to
enhance the existing processes with the
artificial intelligence. Major players in the
market include Google, Inc., IBM Corporation,
Microsoft Corporation, Nvidia Corporation, Intel
Corporation, General
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• Vision, Inc., Numenta, Inc., Sentient
  Technologies Holdings Ltd., Fingenius Limited,
  Inbenta Technologies, Inc.
• By Outlook
• Software (SW)
• Hardware (HW)
• Services
• By Technology Outlook
• Machine Vision
• Deep Learning
• Machine Learning
• Natural Language Processing
• By End use Outlook
• Law
• Retail
• Advertising Media
• Automotive Transportation
• Agriculture
• Manufacturing
• Healthcare

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• Others (agriculture, law, educational
  institutions)
• Key Trends
• Consistent evolution of new and advanced
  artificial intelligence
• Rising adoption of artificial intelligence across
  different verticals of end-use industries
• Heavy investments towards the development and
  applications for artificial intelligence by
  industry giants
• The complete report is available at
  http//www.credenceresearch.com/report/artificial-
  intelligence- market
• About
• Credence Research is a worldwide market research
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  associations, and not-for-benefits. We offer our
  customers some assistance with making enduring
  enhancements to their execution and understand
  their most imperative objectives. Over almost a
  century, we've manufactured a firm
  extraordinarily
• prepared for this task.
• Bloghttp//www.mobilecomputingtoday.co.uk/6632/ar
  tificial-intelligence-market-reach-56-75-2025-
  credence-research/
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