June 1ST,2022/IndustryNewsGlobal/ -- This new report from Stratview Research analyses the Artificial Intelligence Market over the trend period from 2014 to 2019 and forecast period from 2022 to 2026. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Artificial Intelligence Market Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Artificial Intelligence Market is no different. Derived from the previous market scenario, the Artificial Intelligence Market is likely to witness an impressive CAGR of 39.9% during the forecast period but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.
Key Players:
The Artificial Intelligence Market is segmented by–
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Regional analysis:
By region, the North America market held the highest market share of over 40% in 2020 and is projected to grow at a fastest CAGR in the coming years. This is ascribed to large presence of major players, favorable government initiatives to promote the adoption of artificial intelligence (AI) across different verticals, which bolsters the regional market growth.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
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The target audience of Artificial Intelligence Market includes Artificial Intelligence companies, Artificial Intelligence distributors, Software companies, Government organizations.
Growing number of innovative start-ups as well as technology advancements have resulted in an increase in investment in artificial intelligence technologies which are likely to boost the market growth.