Artificial Intelligence (AI) Market by Component, End-user and Geography - Forecast and Analysis 2023-2027

Published: Dec 2022 Pages: 179 SKU: IRTNTR70513

Artificial Intelligence (AI) Market Size 2023-2027

The Artificial Intelligence (AI) Market size is estimated to increase by USD 125.3 billion and grow at a CAGR of 22.26% between 2022 and 2027. 

The artificial intelligence market growth hinges on various factors, such as mitigating fraud and malicious attacks, integrating chatbots into AI systems, and boosting employee productivity. However, the artificial intelligence (AI) market faces significant challenges, notably the scarcity of AI experts. Additionally, affordability constraints and regulatory obstacles impede the widespread adoption of AI solutions. Overcoming the shortage of AI professionals is crucial for unlocking the full potential of AI technologies and driving market expansion. Addressing affordability concerns and navigating regulatory complexities are essential for fostering accessibility and compliance in AI implementation. Despite these challenges, the market remains poised for growth, driven by the increasing recognition of AI's transformative capabilities in enhancing security, automation, and operational efficiency across various industries.

 Artificial Intelligence Market Size and Forecast 

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AI Market Segmentation

The artificial intelligence industry report provides comprehensive insights into various segments based on Component and End-User, with further analysis of sub-segments as outlined below.

  • Component Outlook 
    • Software
    • Hardware
    • Services
  • End-user Outlook
    • Retail
    • Banking
    • Manufacturing
    • Healthcare
    • Others

By Component

The AI sector share growth by the software segment will be significant during the forecast period. The market expansion encompasses the use of advanced tools like Variational Autoencoders and Diffusion Networks by developers in IT and telecommunication, retail & e-commerce, agriculture, education, media and entertainment, finance & accounting, cybersecurity, legal and compliance, operation, and various other sectors. Pretrained models and customizable AI are essential units, with AI marketplaces facilitating access to these tools. Tech Giants and next-generation tech fields, including biopharmaceutical companies, leverage AI for data management, fraud prevention, workflow management, trend forecasting, and more. 

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The software segment was valued at USD 19.63 billion in 2017 and continue to grow by 2023. SaaS, hardware, software, data storage, and parallel processing are integral components of the AI ecosystem. Conversational AI, call centers, and cutting-edge technology are transforming industries like finance, marketing, and robot-assisted surgery. Open-source AI platforms are driving innovation in areas like dosage error reduction, virtual nursing assistants, and hospital workflow management.

By End-user

Artificial Intelligence (AI) is revolutionizing the retail industry with its numerous applications, making it a significant segment in the global AI market. Preliminary Diagnosis through AI is transforming retail operations, enabling accurate and efficient supply chain planning. In customer service, Automated Image Diagnostic using AI enhances shopping experiences by providing personalized product recommendations based on Context-Aware Computing and purchasing patterns. Computer Vision is utilized for merchandising in omnichannel operations, ensuring seamless digital assistant integration and IT automation. Sales processes are optimized through AI-driven recommendation and automation systems, while supply and logistics benefit from advanced AI technologies.

Regional Insight

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North America is estimated to contribute 56% to the growth of the global artificial intelligence market share during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the AI sector during the forecast period.

The market in North America is expected to be spearheaded by the US, with significant investments from IT and telecommunication companies, tech giants such as Google, IBM, Microsoft, and Amazon Web Services, and the private sector. In the AI industry, there is a trend towards fewer, larger investments, with a focus on leading institutions and deployable applications in sectors like healthcare, education, and autonomous driving. Key AI technologies include variational autoencoders, diffusion networks, and retrieval augmented generation.

Furthermore, other industries investing in AI include retail & e-commerce, agriculture, media and entertainment, finance & accounting, cybersecurity, legal and compliance, and operation. Pretrained models, customizable AI, and AI marketplaces are also driving growth in the sector. Notable applications include fraud prevention, workflow management tools, trend forecasting for financial firms, conversational artificial intelligence in call centers, and next-generation tech fields like robot-assisted surgery, dosage error reduction, virtual nursing assistants, and hospital workflow management. Additionally, open-source AI platforms, hardware, software, data storage, parallel processing, on-premises solutions, marketing and sales, advertising and media, and biopharmaceutical companies are contributing to the growth of the AI market. These investments in AI tech will facilitate market growth in the region.

Who are the Major Artificial Intelligence (AI) Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the AI sector.

Advanced Micro Devices Inc. - In the realm of deep learning and artificial intelligence (AI), company excels in delivering streamlined project deployments and accelerated application development solutions. The AI market encompasses this innovation, offering advanced technologies that enhance efficiency and productivity.

Alphabet Inc. - The company specializes in artificial intelligence (AI) technology, offering advanced platforms for various applications in the AI market.

Tesla Inc. - The company's AI-driven approach for vision and planning, coupled with optimized use of inference hardware, is the sole means to attain a comprehensive solution for full self-driving and beyond, which are the core offerings under its AI segment. Additionally, its automotive segment encompasses various services such as non-warranty after-sales vehicle services, used vehicle sales, retail merchandise, sales from acquired subsidiaries to external customers, and revenue generated from vehicle insurance.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market players, including:

  • Advanced Micro Devices Inc.
  • Alphabet Inc.
  • Amazon Web Services Inc.
  • Apple Inc.
  • Argo AI LLC
  • Baidu Inc.
  • China Cambrian Technology Co. Ltd.
  • CognitiveScale
  • DataDirect Networks Inc.
  • Graphcore Ltd.
  • Huawei Technologies Co. Ltd.
  • Intel Corp.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Nuance Communications Inc.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Market Dynamics and Customer Landscape

In the rapidly evolving tech landscape, Artificial Intelligence (AI) continues to be a major driver of innovation in Next-Generation Tech Fields. Key components of AI include Deep Learning Techniques, Natural Language Processing, Computer Vision, and Machine Learning Algorithms. Tech Giants are investing heavily in AI, with a focus on SaaS offerings and Cognitive Solutions. AI applications span various industries, such as Healthcare, where Automated Image Diagnostic systems and Fraud Prevention solutions are making a significant impact. AI also plays a crucial role in Data Analytics and Data Science, enabling Big Data processing and Intelligence Standards. Cloud Computing is a critical enabler for AI, providing the necessary infrastructure for Data Storage, Parallel Processing, and On-Premises solutions. The advent of Open-Source AI Platforms and the rise of Quantum Computers are set to revolutionize AI further. AI Market trends include the use of Pretrained Models, Algorithms, and Hardware advancements. Supercomputers and Deep Learning are at the forefront of AI research, pushing the boundaries of what's possible in this exciting field. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The prevention of fraud and Malicious attacks is notably driving the sector's growth. In the healthcare sector, Artificial Intelligence is increasingly being utilized for preliminary diagnoses through automated image diagnostics. This technology employs context-aware computing and computer vision to analyze medical images, enabling faster and more accurate diagnoses. However, the adoption in this field also presents potential risks. Cybercriminals may attempt to bypass security mechanisms and access sensitive patient information, leading to data breaches and privacy concerns. Despite these challenges, the benefits in healthcare, such as improved efficiency and accuracy, make it a valuable investment for organizations.

In recent years, the cybersecurity industry has seen an increase in fraud and Malicious attacks, from stealing personal information to important organizational data. Companies want to apply artificial intelligence technologies to combat these threats more effectively. Artificial intelligence technology helps identify threats, identify patterns, and reduce response time. It also helps combat threats such as Distributed Denial of Service (DDoS) attacks. Hence, such factors drive the growth of the market during the forecast period.

Significant Market Trend

The emergence of narrow AI is the key trend in the artificial intelligence AI market. It is revolutionizing technology and offering new ways for businesses to engage and interact. Applications span various sectors, from recommendation systems and pricing optimization to lead generation and chatbots. It is making strides in healthcare with Preliminary Diagnosis and Automated Image Diagnostic tools powered by Computer Vision and Context-Aware Computing.

Moreover, adopting AI in on-premises data centers necessitates substantial computational and data storage resources. For companies developing in-house AI products, the costs can be substantial. In general, the algorithm needs to be retrained or modified to apply narrow AI to different domains. General algorithms that can be applied to many problems are still a few years away.

Major Market Challenge

A shortage of AI experts is the major challenge impeding AI sector growth. In the realm of Artificial Intelligence (AI), many businesses encounter challenges in implementing advanced technologies such as machine learning and deep learning due to resource constraints and expertise shortages. Preliminary Diagnosis in this context refers to the initial assessment businesses must make before investing in AI. For instance, Automated Image Diagnostic systems, a type of AI application, necessitate large data sets and sophisticated infrastructure for effective training. Context-aware computing, another AI application, requires advanced processing power and a team of experts to optimize performance.

Additionally, Computer Vision, a subfield of AI, poses similar challenges due to its data-intensive nature. These requirements, coupled with the competition for top AI talent, make it a significant investment for most companies, limiting their ability to fully leverage AI's potential. So, that's one of the potential challenges that can hamper the AI market growth during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides Artificial Intelligence market analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

Artificial Intelligence (AI) marketing refers to the use of AI technologies, such as machine learning and natural language processing, to enhance and optimize marketing efforts. This can include analyzing customer data to identify trends and preferences, personalizing marketing messages, and automating repetitive tasks. The AI market is continuously growing, with companies like Google, Microsoft, and IBM leading the way in AI development and implementation. The use of AI in marketing is becoming increasingly common, with 80% of Fortune 500 companies reportedly using AI for marketing in 2020. The benefits of AI marketing include improved customer engagement, increased efficiency, and more effective targeting and personalization. Companies that fail to adopt AI marketing risk falling behind their competitors. The future of AI marketing is bright, with advancements in areas such as chatbots, predictive analytics, and voice recognition set to revolutionize the industry.

Market Scope

Report Coverage

Details

Page number

179

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 22.26%

Market growth 2023-2027

USD 125.3 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

20.48

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 56%

Key countries

US, China, Germany, UK, and France

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Advanced Micro Devices Inc., Alphabet Inc., Amazon Web Services Inc., Apple Inc., Argo AI LLC, Baidu Inc., China Cambrian Technology Co. Ltd., CognitiveScale, DataDirect Networks Inc., Graphcore Ltd., Huawei Technologies Co. Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., Nuance Communications Inc., NVIDIA Corp., Oracle Corp., Qualcomm Inc., Tesla Inc., and Wipro Ltd.

Market dynamics

Parent market analysis, market growth and trends, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our market research 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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What are the Key Data Covered in this Market Report?

  • What will be CAGR of artificial intelligence forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global artificial intelligence (AI) market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global artificial intelligence (AI) market 2017 - 2021 ($ billion)
    • 4.2 Component Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Component Segment 2017 - 2021 ($ billion)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Component

    • 6.1 Market segments
      • Exhibit 30: Chart on Component - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Component - Market share 2022-2027 (%)
    • 6.2 Comparison by Component
      • Exhibit 32: Chart on Comparison by Component
      • Exhibit 33: Data Table on Comparison by Component
    • 6.3 Software - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Software - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Software - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Software - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Software - Year-over-year growth 2022-2027 (%)
    • 6.4 Hardware - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Hardware - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Hardware - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Hardware - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Hardware - Year-over-year growth 2022-2027 (%)
    • 6.5 Services - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Services - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on Services - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on Services - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Services - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Component
      • Exhibit 46: Market opportunity by Component ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 49: Chart on Comparison by End-user
      • Exhibit 50: Data Table on Comparison by End-user
    • 7.3 Retail - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Retail - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Data Table on Retail - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Chart on Retail - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Retail - Year-over-year growth 2022-2027 (%)
    • 7.4 Banking - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Banking - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 56: Data Table on Banking - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Chart on Banking - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Banking - Year-over-year growth 2022-2027 (%)
    • 7.5 Manufacturing - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Manufacturing - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 60: Data Table on Manufacturing - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Chart on Manufacturing - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Manufacturing - Year-over-year growth 2022-2027 (%)
    • 7.6 Healthcare - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Healthcare - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 64: Data Table on Healthcare - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
    • 7.7 Others - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by End-user
      • Exhibit 71: Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 72: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 73: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 74: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 75: Chart on Geographic comparison
      • Exhibit 76: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 85: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 86: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 87: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 94: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 95: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 109: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 110: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 111: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 112: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 France - Market size and forecast 2022-2027
      • Exhibit 113: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 114: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 115: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 116: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 117: Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 118: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 119: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 120: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 121: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 122: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 123: Matrix on vendor position and classification
            • 12.3 Advanced Micro Devices Inc.
              • Exhibit 124: Advanced Micro Devices Inc. - Overview
              • Exhibit 125: Advanced Micro Devices Inc. - Business segments
              • Exhibit 126: Advanced Micro Devices Inc. - Key news
              • Exhibit 127: Advanced Micro Devices Inc. - Key offerings
              • Exhibit 128: Advanced Micro Devices Inc. - Segment focus
            • 12.4 Alphabet Inc.
              • Exhibit 129: Alphabet Inc. - Overview
              • Exhibit 130: Alphabet Inc. - Business segments
              • Exhibit 131: Alphabet Inc. - Key news
              • Exhibit 132: Alphabet Inc. - Key offerings
              • Exhibit 133: Alphabet Inc. - Segment focus
            • 12.5 Amazon Web Services Inc.
              • Exhibit 134: Amazon Web Services Inc. - Overview
              • Exhibit 135: Amazon Web Services Inc. - Product / Service
              • Exhibit 136: Amazon Web Services Inc. - Key news
              • Exhibit 137: Amazon Web Services Inc. - Key offerings
            • 12.6 Apple Inc.
              • Exhibit 138: Apple Inc. - Overview
              • Exhibit 139: Apple Inc. - Business segments
              • Exhibit 140: Apple Inc. - Key news
              • Exhibit 141: Apple Inc. - Key offerings
              • Exhibit 142: Apple Inc. - Segment focus
            • 12.7 Argo AI LLC
              • Exhibit 143: Argo AI LLC - Overview
              • Exhibit 144: Argo AI LLC - Product / Service
              • Exhibit 145: Argo AI LLC - Key offerings
            • 12.8 Baidu Inc.
              • Exhibit 146: Baidu Inc. - Overview
              • Exhibit 147: Baidu Inc. - Business segments
              • Exhibit 148: Baidu Inc. - Key offerings
              • Exhibit 149: Baidu Inc. - Segment focus
            • 12.9 CognitiveScale
              • Exhibit 150: CognitiveScale - Overview
              • Exhibit 151: CognitiveScale - Product / Service
              • Exhibit 152: CognitiveScale - Key news
              • Exhibit 153: CognitiveScale - Key offerings
            • 12.10 Intel Corp.
              • Exhibit 154: Intel Corp. - Overview
              • Exhibit 155: Intel Corp. - Business segments
              • Exhibit 156: Intel Corp. - Key news
              • Exhibit 157: Intel Corp. - Key offerings
              • Exhibit 158: Intel Corp. - Segment focus
            • 12.11 International Business Machines Corp.
              • Exhibit 159: International Business Machines Corp. - Overview
              • Exhibit 160: International Business Machines Corp. - Business segments
              • Exhibit 161: International Business Machines Corp. - Key news
              • Exhibit 162: International Business Machines Corp. - Key offerings
              • Exhibit 163: International Business Machines Corp. - Segment focus
            • 12.12 Microsoft Corp.
              • Exhibit 164: Microsoft Corp. - Overview
              • Exhibit 165: Microsoft Corp. - Business segments
              • Exhibit 166: Microsoft Corp. - Key news
              • Exhibit 167: Microsoft Corp. - Key offerings
              • Exhibit 168: Microsoft Corp. - Segment focus
            • 12.13 Nuance Communications Inc.
              • Exhibit 169: Nuance Communications Inc. - Overview
              • Exhibit 170: Nuance Communications Inc. - Business segments
              • Exhibit 171: Nuance Communications Inc. - Key offerings
              • Exhibit 172: Nuance Communications Inc. - Segment focus
            • 12.14 NVIDIA Corp.
              • Exhibit 173: NVIDIA Corp. - Overview
              • Exhibit 174: NVIDIA Corp. - Business segments
              • Exhibit 175: NVIDIA Corp. - Key news
              • Exhibit 176: NVIDIA Corp. - Key offerings
              • Exhibit 177: NVIDIA Corp. - Segment focus
            • 12.15 Oracle Corp.
              • Exhibit 178: Oracle Corp. - Overview
              • Exhibit 179: Oracle Corp. - Business segments
              • Exhibit 180: Oracle Corp. - Key news
              • Exhibit 181: Oracle Corp. - Key offerings
              • Exhibit 182: Oracle Corp. - Segment focus
            • 12.16 Tesla Inc.
              • Exhibit 183: Tesla Inc. - Overview
              • Exhibit 184: Tesla Inc. - Business segments
              • Exhibit 185: Tesla Inc. - Key news
              • Exhibit 186: Tesla Inc. - Key offerings
              • Exhibit 187: Tesla Inc. - Segment focus
            • 12.17 Wipro Ltd.
              • Exhibit 188: Wipro Ltd. - Overview
              • Exhibit 189: Wipro Ltd. - Business segments
              • Exhibit 190: Wipro Ltd. - Key news
              • Exhibit 191: Wipro Ltd. - Key offerings
              • Exhibit 192: Wipro Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 193: Inclusions checklist
                • Exhibit 194: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 195: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 196: Research methodology
                • Exhibit 197: Validation techniques employed for market sizing
                • Exhibit 198: Information sources
              • 13.5 List of abbreviations
                • Exhibit 199: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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