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The artificial intelligence market in the industrial sector has the potential to grow by USD 13.26 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 46.73%. This artificial intelligence market in the industrial sector research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The artificial intelligence market in the industrial sector report also offers information on several market vendors, including Alphabet Inc., Amazon.com Inc., General Electric Co., International Business Machines Corp., Intel Corp., Landing AI, Microsoft Corp., Oracle Corp., SAP SE, and Siemens AG among others. Furthermore, this report extensively covers market segmentation by end-user (process industries and discrete industries) and geography (North America, Europe, APAC, MEA, and South America).
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The increase in adoption of data-guided decision making is notably driving the artificial intelligence market growth in the industrial sector, although factors such as need for technical knowledge amongst operators may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the artificial intelligence market in the industrial sector get your FREE report sample now.
This artificial intelligence market in the industrial sector analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
The artificial intelligence market in the industrial sector is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the artificial intelligence market in the industrial sector forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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36% of the market’s growth will originate from North America during the forecast period. The US is the key market for artificial intelligence market in the industrial sector in North America.
The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Evolving industrial IoT and big data integration will facilitate the artificial intelligence market growth in the industrial sector in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
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The artificial intelligence market in the industrial sector share growth by the process industries segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.
Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the artificial intelligence market size in the industrial sector.
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Artificial Intelligence Market In The Industrial Sector Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 47% |
Market growth 2021-2025 |
$ 13.26 billion |
Market structure |
Fragmented |
YoY growth (%) |
39.21 |
Regional analysis |
North America, Europe, APAC, MEA, and South America |
Performing market contribution |
North America at 36% |
Key consumer countries |
US, China, Germany, UK, and Saudi Arabia |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Alphabet Inc., Amazon.com Inc., General Electric Co., International Business Machines Corp., Intel Corp., Landing AI, Microsoft Corp., Oracle Corp., SAP SE, and Siemens AG |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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