NEW YORK, April 23, 2021 /PRNewswire/ --
The artificial intelligence (AI) market is expected to grow by $ 76.44 bn, progressing at a CAGR of 21% during the forecast period.
NEW YORK, April 23, 2021 /PRNewswire/ --
The artificial intelligence (AI) market is expected to grow by $ 76.44 bn, progressing at a CAGR of 21% during the forecast period.
The prevention of fraud and malicious attacks is one of the major factors propelling the market growth. However, factors such as shortage of AI experts will hamper the market growth.
More details: https://www.technavio.com/report/artificial-intelligence-ai-market-industry-analysis
Artificial Intelligence (AI) Market: End-user Landscape
Based on the end-user, the retail segment is expected to witness lucrative growth during the forecast period.
Artificial Intelligence (AI) Market: Geographic Landscape
By geography, North America is going to have lucrative growth during the forecast period. About 56% of the market's overall growth is expected to originate from North America. The US is the key market for artificial intelligence (AI) in North America. The increasing spending of big technology companies on developing AI for multiple applications in diverse industries will facilitate the artificial intelligence (AI) market growth in North America over the forecast period.
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Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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