Artificial Intelligence Systems Spending Market: A Breakdown of the Industry by Technology, Application, and Geography

Global Artificial Intelligence Systems Spending Market – Overview:

The latest market intelligence report, titled ‘Global Artificial Intelligence Systems Spending Market’, is intended to provide the target audience with the necessary information about the global Artificial Intelligence Systems Spending industry. The report comprises a detailed analysis of the vital elements of the Artificial Intelligence Systems Spending market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Artificial Intelligence Systems Spending market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the Artificial Intelligence Systems Spending market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.

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. Rising adoption of AI in the BFSI industry to provide enhanced customer service is also another major factor expected to further boost global Artificial Intelligence systems spending market growth during the forecast period. Rising focus of governments on digital economy transformation is expected to further support market growth going ahead.

COVID-19 Impact Analysis:

This report is the latest document encompassing the massive changes that took place in the Artificial Intelligence Systems Spending market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Artificial Intelligence Systems Spending market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments. However, the market is expected to regain momentum in the post-COVID-19 era. The report also offers an initial and future impact assessment of the pandemic on the Artificial Intelligence Systems Spending industry. Hence, the vital COVID-19 insights offered by the report are expected to help organizations manage their businesses effectively in extreme economic uncertainties.

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Global Artificial Intelligence Systems Spending Market Report – Table of Contents:

Chapter 1 includes the global Artificial Intelligence Systems Spending market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the Artificial Intelligence Systems Spending market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the Artificial Intelligence Systems Spending market, focusing on the major manufacturers and vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of the Artificial Intelligence Systems Spending industry, along with their anticipated sales and revenue shares.
Chapters 5 includes market segmentation based on product type, application range, and market players.

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Regional Overview:

The global Artificial Intelligence Systems Spending market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Artificial Intelligence Systems Spending market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

Leading companies profiled in the report:

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

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Global Artificial Intelligence Systems Spending Market Segmentation:

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

The report considers the following timeline for market estimation:

Historical Years: 2018-2019
Base Year: 2020
Estimated Year: 2030
Forecast Years: 2021-2030

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