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India AI Market – Opportunities & Forecast, 2020-2027

Some of the major factor surging the growth of the India AI market includes the rising adoption of new technologies to enhance their research & development activities by various industries, such as defense, retail, oil & gas, and manufacturing. Every sector is opting to implement AI in every program to improve problem-solving and decision-making. <br><br>Visit:u00a0https://www.gmiresearch.com/report/india-ai-market/

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India AI Market – Opportunities & Forecast, 2020-2027

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  1. Report Title India AI Market – Opportunities & Forecast, 2020-2027 GMI Research GMI Research See the Future Insights 1

  2. The market report studies the impact of COVID-19 on the market while covering many aspects of the industry such as market size, market status, emerging trends, and forecast. The report also offers a brief information of the competitors and the specific growth opportunities, along with key market drivers. Key Drivers of India AI Market: Some of the major factor surging the growth of the India AI market includes the rising adoption of new technologies to enhance their research & development activities by various industries, such as defense, retail, oil & gas, and manufacturing. Every sector is opting to implement AI in every program to improve problem-solving and decision- making. AI offers cost-competitive accessibility to historical data, which allows the government to support these technologies to the sectors that contribute more to the GDP. Various government initiatives have been taken to implement AI in the education, agricultural sector, among others. Digital India is one of the initiatives under the Ministry of Electronics & Information Technology, introduced by Narendra Modi, the Prime Minister of India, which emphasizes on implementing digital technologies to the public sector infrastructure. Digital India focused on combining information technology and processes to offer faster services to citizens of the country. Other initiatives, such as Aadhar Enabled Payment System and National Mission in Education through ICT, are driving the growth of the AI market in India. The emerging demand for AI in sectors such as healthcare, aerospace, manufacturing, and automotive is mainly due to the development of Artificial Neural Networks (ANN). There is an upsurge in demand for AI in various industries such as aerospace, healthcare, automotive, and manufacturing owing to the progress in Artificial Neural Networks (ANN). ANN extracts precise and accurate data by substitution of typical machine learning systems. Generative Adversarial Networks (GAN) and Single Shot Multibox Detector (SSD) have provided methods for digital image processing, which has raised the implementation of digital image processing in different areas. All these factors accelerate the growth of the AI market in India. India AI Market Segmentation: 2

  3. The India AI market has been segmented into the following categories: India AI Market by Offering: •Hardware oProcessors oMemory oNetwork •Software oAI Platforms oAI Solutions •Services oDeployment & Integration oSupport & Maintenance India AI Market by Technology: •Machine Learning oDeep Learning oSupervised Learning oUnsupervised Learning oReinforcement Learning oGenerative Adversarial Networks (GANS) oOthers •Natural Language Processing (NLP) •Context-Aware Computing •Computer Vision India AI Market by Type: 3

  4. •Narrow/Week AI •General/Strong AI India AI Market by End-User: •Healthcare oPatient Data & Risk Analysis oLifestyle Management & Monitoring oPrecision Medicine oInpatient Care & Hospital Management oMedical Imaging & Diagnostics oDrug Discovery oVirtual Assistant oWearables oResearch •Manufacturing oMaterial Movement oPredictive Maintenance and Machinery Inspection oProduction Planning oField Services oReclamation oQuality Control •Automotive oAutonomous Driving oHmi oSemiautonomous Driving •Agriculture oPrecision Farming 4

  5. oLivestock Monitoring oDrone Analytics oAgricultural Robots oOthers •Retail oProduct Recommendation and Planning oCustomer Relationship Management oVisual Search oVirtual Assistant oPrice Optimization oPayment Services Management oSupply Chain Management and Demand Planning oOthers •Security oIdentity and Access Management oRisk and Compliance Management oEncryption oData Loss Prevention oUnified Threat Management oAntivirus/Antimalware oIntrusion Detection/Prevention Systems oOthers •Human Resources oVirtual Assistant oApplicant Tracking & Assessment oPersonalized Learning and Development 5

  6. oHR Analytics oJob Recommendation oSentiment Analysis •Marketing oSocial Media Advertising oSearch Advertising oDynamic Pricing oVirtual Assistant oContent Curation oSales & Marketing Automation oAnalytics Platform oOthers •Law oEdiscovery oLegal Research oContract Analysis oCase Prediction oCompliance oOthers •Fintech oVirtual Assistant oBusiness Analytics & Reporting oCustomer Behaviour Analytics oOthers •Construction oProject Management 6

  7. oField Management oRisk Management oSchedule Management •Defense oWarfare Platform oCyber Security oTarget Recognition oBattlefield Healthcare oSimulation & Training oPlanning & Allocation oThreat Monitoring & Situational Awareness oInformation Processing oOthers •Aerospace oSmart Maintenance oFlight Operations oTraining oSurveillance oVirtual Assistants oDynamic Pricing oManufacturing oOthers •Supplychain oFleet Management oSupply Chain Planning oWarehouse Management 7

  8. oVirtual Assistant oRisk Management oFreight Brokerage oOthers •Building Automation •Consumer •Food & Beverage •Gaming •Media and Entertainment •Telecommunication oPredictive Maintenance & Machine Inspection oCustomer Analytics oNetwork Security oNetwork Optimization oSelf-Diagnostics oVirtual Assistance oOthers •Oil & Gas oPredictive Maintenance & Machine Inspection oMaterial Movement oProduction Planning oField Services oQuality Control oReclamation About GMI Research 8

  9. GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 9

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