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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.
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“ “Artificial Intelligence Market- Growth, Share, Opportunities & Competitive Analysis, 2018 -2026” ” Sample Request Buy Now E-mail: sales@credenceresearch.com Ph: 1-800-361-8290 Web: http://www.credenceresearch.com
CREDENCE RESEARCH According to a new market report published by Credence Research, Inc. “Artificial Intelligence Artificial Intelligence Market Market By Architecture, Software Architecture, Service Architecture), By Hardware (Communication System, Remote Terminal Unit, Programmable Logic Controller, Other Hardware), By Service (Consulting, Implementation & Integration, Repair & Maintenance), By End-user (Public Sector, Oil & Gas, Manufacturing, Energy & Utility, Transportation, Healthcare, Telecom) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023”, the global Artificial Intelligence market is expected to witness a steady growth, expanding at a CAGR of over 8% from 2016 to 2023. Architecture (Hardware Browse the Artificial Intelligence Artificial Intelligence Market & Competitive at https://www.credenceresearch.com/report/artificial-intelligence-market Market- Growth, Share, Opportunities Analysis, 2016 -2023 report Market Insights Market Insights Broadening application of Artificial Intelligence systems and solutions in healthcare, automotive and oil & gas industries is expected to boost growth of the market. Additionally, reduction in long terms system maintenance and operation cost is increasing the uptake of Artificial Intelligence system for major applications across the globe. Furthermore, increasing automation of production processes in manufacturing and mining industry is supporting growth of the market. However, cyber security threat is hindering the adoption of Artificial Intelligence system among end-user vertical. This, in turn, is hampering growth of the Artificial Intelligence market. Also, lack of awareness and high deployment cost are other restraints impeding the market growth. For https://www.credenceresearch.com/industry/it-and-telecom-market Same Category Reports: Credence Research
CREDENCE RESEARCH Competitive Insights: Competitive Insights: The global Artificial Intelligence market ecosystem consists of system providers, solution providers, communication device providers, system integrators and service providers. The market is primarily dominated by major Artificial Intelligence system providers such as Schneider Electric SE, Siemens AG and ABB Ltd. Prominent players operating in the global Artificial Intelligence market are focused towards entering joint venture and strategic partnership to develop innovative solution for end-user in order to outperform competitors. The major players operating in the global Artificial Intelligence market are Schneider Electric SE, Siemens AG, ABB Ltd., General Electric, Alstom, IBM Corporation, Rockwell Automation Inc., Cisco Systems, Inc. and Omron Corporation. Key Trends: Key Trends: Introduction of Cloud-based Artificial Intelligence solutions and services has become an major trend fueling the market growth Increasing number of strategic partnership among major players Growing deployment of smart water network Browse the Artificial Intelligence Artificial Intelligence Market & Competitive at https://www.credenceresearch.com/report/artificial-intelligence-market Market- Growth, Share, Opportunities Analysis, 2016 -2023 report Latest Reports: Latest Reports: Mining Mining https://www.credenceresearch.com/report/mining-chemicals-market Chemicals Chemicals M Market arket: : Blog: NewsAmaze Credence Research
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