Global Artificial Intelligence (AI) Market 2028

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Global Artificial Intelligence (AI) Market 2028
Industry Briefing
Published on 01 Mar 2023
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Report Overview
Artificial intelligence (AI) refers to systems or
machines that mimic human intelligence to perform
tasks and can iteratively improve themselves
based on the information they collect. In
general, AI includes natural language and
processing, visual perception and pattern
recognition, and decision making. These processes
in combination give AI enormous potential in
multiple disciplines and across many economic
sectors. The application of AI and machine
learning methods has produced demonstrable
results in financial and manufacturing sectors
and pharma leaders were quick to latch on to its
usable benefits. The global artificial
intelligence market size is projected to grow by
USD 352 billion from 2022 to 2028, registering a
CAGR of 33.9 percent.This industry report
offers market estimates of the global market,
followed by a detailed analysis of the component,
deployment mode, technology, end user, and
region. The global market data on artificial
intelligence can be segmented by component
hardware, services, software. The software
segment captured the largest share of the market
in 2021. Artificial intelligence market is
further segmented by deployment mode on-premise,
cloud. The on-premise segment held the largest
share of the global artificial intelligence
market in 2021 and is anticipated to hold its
share during the forecast period.

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Table Of Contents

• Part 1. Summary
• Part 2. Introduction
• Part 3. Artificial intelligence market overview
• Part 4. Market breakdown by component
• Part 5. Market breakdown by deployment mode
• Part 6. Market breakdown by technology
• Part 7. Market breakdown by end user
• Part 8. Market breakdown by region
• Part 9. Key companies

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By Region
United States
Europe
China
Rest of the world
Japan
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Market Size
Expected to reach 352 billion USD by the end of
Forecast year
2028
2022
Base year
CAGR 33.9 (2022 - 2028)
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