Global Artificial Intelligence Systems Spending Market research report offers a panoramic view of the Artificial Intelligence Systems Spending market, regulatory framework, and macro- and micro-economic factors that influence the growth of the industry. The report strives to offer authentic information about the Artificial Intelligence Systems Spending market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.

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.

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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. 

Some major companies in the market report include Google LLC, Microsoft Corporation, Apple Inc., Facebook, Inc., International Business Machines Corporation, Intel Corporation, Wipro Limited, Accenture PLC, Infosys Limited, and Salesforce.com Inc.

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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

Applications

Platforms

Hardware

Server

Storage

Service

IT service

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

Key Highlights of Report

Software segment is expected to lead in terms of revenue growth, and register a CAGR of 47.6% during the forecast period. This high growth rate can be attributed to increasing implementation of AI-enabled chatbot solutions to improve operational activities and customer service.

Deep learning segment is projected to account for largest market share over the forecast period due to growing use of deep learning technology to develop AI-enabled advanced service bot and virtual assistance.

In terms of revenue contribution to the global Artificial Intelligence systems spending market, the automated customer service segment is projected to lead during the forecast period as a result of increasing implementation of AI-based platforms to optimize customer service activities in different end-use industries.

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The latest report on the global Artificial Intelligence Systems Spending market offers strategic insights into the market landscape to stakeholders, investors, and business owners to help them make efficient and lucrative business decisions based on key statistical data and facts. The report aims to offers a thorough outlook of the Artificial Intelligence Systems Spending market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects. The report aims to deliver a comprehensive understanding of the Artificial Intelligence Systems Spending market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2021-2028.

Global Artificial Intelligence Systems Spending Market Geographical Landscape - Synopsis:

The report closely studies the growth trajectory of the global Artificial Intelligence Systems Spending market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.

Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.

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