Artificial Intelligence systems spending market Application, Future growth 2028

The global Artificial Intelligence systems spending market is forecast to reach a market size of USD 767.60 Billion by 2028, and register a significantly high CAGR. Growth of the global Artificial Intelligence systems spending market in terms of revenue is expected to increase significantly during the forecast period due to rising demand for AI solutions in the education sector. Rising adoption of AI in the BFSI industry to provide enhanced customer service is also another major factor expected to further boost global Artificial Intelligence systems spending market growth during the forecast period. Rising focus of governments on digital economy transformation is expected to further support market growth going ahead.

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The new report titled ‘Global Artificial Intelligence Systems Spending Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Artificial Intelligence Systems Spending market outlook over the forecast duration (2021-2028). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market.

Key players in the market include:

Google LLC, Microsoft Corporation, Apple Inc., Facebook, Inc., International Business Machines Corporation, Intel Corporation, Wipro Limited, Accenture PLC, Infosys Limited, and Inc.

Regional Analysis:

  • North America (U.S., Canada)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)

Emergen Research has segmented the global Artificial Intelligence systems spending market on the basis of component, technology, application, end-use, and region.

  • Component Outlook (Revenue, USD Billion; 2021–2028)
    • Software
      1. Applications
      2. Platforms
    • Hardware
      1. Server
      2. Storage
    • Service
      1. IT service
      2. Business service
    • Technology Outlook (Revenue, USD Billion; 2021–2028)
      • Natural language processing
      • Deep learning
      • Artificial general intelligence (AGI)
      • Machine vision
      • Artificial super intelligence (ASI)
      • Machine learning
    • Application Outlook (Revenue, USD Billion; 2021–2028)
      • Automated threat intelligence & prevention systems
      • Fraud analysis & investigation
      • Automated customer service
      • Others
    • End-use Outlook (Revenue, USD Billion; 2021–2028)
      • Healthcare
      • BFSI
      • Transportation
      • Education
      • Telecommunications
      • Media & entertainment
      • Retail
      • Manufacturing
      • Construction
      • Information technology
      • Other

Valuable Market Insights:

The report highlights the latest trends observed in the consumption pattern of each regional segment.

Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.

The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Artificial Intelligence Systems Spending market.

Thank you for reading our report. If you have any requests for customization of the latest report, kindly get in touch with us. Our team will assist you and ensure the report is designed as per your requirements.

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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