Global Artificial Intelligence Market Size, Share, COVID-19 Impact Analysis & Trends Report 2021-2028 (PDF)

Global Artificial Intelligence Market Size, Share, COVID-19 Impact Analysis & Trends Report 2021-2028 (PDF)

Artificial Intelligence Market Overview

The global Artificial Intelligence market size was valued at USD 39.9 billion in 2019 and it is anticipated to reach USD 126.0 billion by 2028 as per the new market research report published by  UpGraph Research.

Artificial Intelligence is the technology that simulates patterns similar to natural human and animal intelligence. This also includes the ability to be able to feel emotions and make self-conscious decisions that machines cannot do. Artificial Intelligence is rather old but the advancements being made in it keeps its status retained as advanced technology. Humanoid robots are rising to popularity owing to their unique approach and uses. With developments in the industry and being used in everyday objects like the face recognition system in mobile devices. AI-driven vehicles will take the future of the automobile industry to another step. Such trends in the AI market accelerate its growth in the future.

Segmentation Overview

The segments of the global Artificial Intelligence market are based on Solution, Technology, End-use, and Region.

  • The Solution segment is further classified into Hardware, Software, and Services. In this segment, the Software subsegment showed the highest growth holding a 39% market share in 2019.
  • The Technology segment is further segmented into Deep Learning, Machine Learning, Natural Language Processing, and Machine Vision. Among these, the Deep learning segment has the highest market shareholding of over 39% of the stakes.
  • The end-user segment is further segmented into Healthcare,BFSI,Law,Retail,Advertising & Media,Automotive & Transportation,Agriculture,Manufacturing and Others. The advertising and media segment held 20% of the shares in this segment as of 2019

Overall growth is shown by the Technology segment. According to this study over the next five years, the Artificial Intelligence market will project growth of 42.2% CAGR with its market size at USD 120 billion in 2020 and anticipated to reach USD 190.61 billion by 2028.

Global Artificial Intelligence Market Segmentation

This market report shall provide in-depth information including market estimates & forecast, trends, market growth analysis at regional and country level for the following key segments in the Global Artificial Intelligence  market

Segment Subsegment
Solution ●      Hardware

●      Software

●      Services

Technology ●      Deep Learning

●      Machine Learning

●      Natural Language Processing

●      Machine Vision

End-use ●      Healthcare

●      BFSI

●      Law

●      Retail

●      Advertising & Media

●      Automotive & Transportation

●      Agriculture

●      Manufacturing

●      Others

     Region ●      North America

●      The U.S.

●      Canada

●      Mexico

●      Europe

●      Germany

●      France

●      The U.K.

●      Italy

●      Spain

●      Asia-Pacific

●      Japan

●      China

●      India

●      South America

●      Brazil

●      The Middle East

●       Africa

●      UAE

●      South Africa



Key Players / Top Companies in the Global Artificial Intelligence Market

The report shall incorporate detailed company profiles of the following key players including their business overview, financial performance, product/service benchmarking, strategic initiatives:

  • Advanced Micro Devices
  • AiCure
  • Arm Limited
  • Atomwise, Inc.
  • Ayasdi AI LLC
  • Baidu, Inc.
  • Clarifai, Inc
  • Cyrcadia Health
  • Enlitic, Inc
  • Google LLC
  • ai.
  • HyperVerge, Inc
  • International Business Machines Corporation
  • IBM Watson Health
  • Intel Corporation
  • ai AS.
  • Lifegraph
  • Microsoft
  • NVIDIA Corporation
  • Sensely, Inc
  • Zebra Medical Vision, Inc.


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