As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global artificial intelligence market is being driven by the rising digitisation of data and the growing adoption of the technology across various industries. Artificial intelligence is finding growing applications in predicting the weather, space explorations, autonomous cars, and other technological advancements. It is increasingly being adopted in the healthcare sector to help analyse the large genomic data sets, along with providing more accurate treatment and prevention options. The solutions offered by the artificial intelligence market has, thus, proved beneficial in tracking, researching, and treating COVID-19 cases. In fact, in 2019, it was the Canadian startup, BlueDot, that was one of the first to identify the ‘unusual pneumonia’ cluster cases in China that eventually came to be known as COVID-19 through its platform, which uses artificial learning, big data, and machine learning to track and predict the outbreak of infectious diseases. Meanwhile, Google (NASDAQ: GOOGL) launched the COVID-19 Research Explorer, a semantic search interface, in May 2020 to help researchers and scientists find answers and evidence to their COVID-19 related queries.
In the coming years, the global artificial intelligence market is expected to continue witnessing a significant growth, with major technology companies increasing their investment into this sector. In May 2020, Microsoft, a leading player in the industry, announced that it had invested USD 75 million to build a new office dealing with Artificial Intelligence (AI) and Cloud space in Georgia, United States. Earlier in July 2019, the company had partnered with OpenAI, to launch a billion-dollar project, which was based on its Azure Cloud platform.
Market Analysis by Solution, Technology, Type, End Use, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global artificial intelligence market are Google LLC, Microsoft Corporation, IBM Corporation, Intel Corporation, Cisco Systems, Inc., Apple Inc., and NVIDIA Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.