Artificial Intelligence Systems Spending Market Forecast by Key Players 2020-2028

Market Size – USD 34.23 Billion in 2020, Market Growth – at a CAGR of 47.4%, Market Trends – Rising focus of governments on digital economy.


The global Artificial Intelligence systems spending market is forecast to reach a market size of USD 767.60 Billion by 2028, and register a significantly high CAGR, according to latest analysis by Emergen Research. Growth of the global Artificial Intelligence systems spending market in terms of revenue is expected to increase significantly during the forecast period due to rising demand for AI solutions in the education sector. The Global Artificial Intelligence Systems Spending Market Research Report published by Emergen Research  has been formulated by analysis of key business details and extensive geographical spread of the Artificial Intelligence Systems Spending industry.

The study offers comprehensive coverage of the qualitative and quantitative analysis of the Artificial Intelligence Systems Spending market along with crucial statistical data about the Artificial Intelligence Systems Spending market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.

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Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

Top Key Players :

Google LLC, Microsoft Corporation, Apple Inc., Facebook, Inc., International Business Machines Corporation, Intel Corporation, Wipro Limited, Accenture PLC, Infosys Limited, and

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This report encompasses the current scenario and growth prospects of Global Keyword for the period 2020 – 2025. The study is a meticulously framed, in-depth study, with multiple tables charts and graphs that provide vital information on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in that specific market.

Radical Highlights of the Artificial Intelligence Systems Spending Market Report:

  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market
  • Details and insights about business expansion strategies, product launches, and other collaborations
  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

The Global Artificial Intelligence Systems Spending Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.

Segmentation :

Emergen Research has segmented the global Artificial Intelligence systems spending market on the basis of component, technology, application, end-use, and region.

  • Component Outlook (Revenue, USD Billion; 2021–2028)
    • Software
      1. Applications
      2. Platforms
    • Hardware
      1. Server
      2. Storage
    • Service
      1. IT service
      2. Business service
  • Technology Outlook (Revenue, USD Billion; 2021–2028)
    • Natural language processing
    • Deep learning
    • Artificial general intelligence (AGI)
    • Machine vision
    • Artificial super intelligence (ASI)
    • Machine learning
  • Application Outlook (Revenue, USD Billion; 2021–2028)
    • Automated threat intelligence prevention systems
    • Fraud analysis investigation
    • Automated customer service
    • Others
  • End-use Outlook (Revenue, USD Billion; 2021–2028)
    • Healthcare
    • BFSI
    • Transportation
    • Education
    • Telecommunications
    • Media entertainment
    • Retail
    • Manufacturing
    • Construction
    • Information technology
    • Others

Region wise performance of the Keyword industry

  • North America Keyword market forecast is expected to remain significantly positive in terms of revenue share between 2020 and 2028. In addition, North America Keyword market revenue share is expected to remain comparatively larger than that of other regional markets from 2020 to 2028.
  • Asia Pacific registered fastest revenue CAGR in 2020, and the Keyword market forecast is that this trend is expected to continue going ahead. Market forecast states that revenue share contribution from China, India, and South Korea is expected to remain robust till 2028.
  • Europe Keyword market forecast is positive currently, with revenue growth expected to remain steady between 2020 and 2028. Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support Keyword market growth.

About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research         and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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