Artificial Intelligence (AI) & advanced Machine Learning (ML) Market Size, Share, Growth, Analysis, Trend, and Forecast Research Report by 2027

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The global Artificial Intelligence (AI) & advanced Machine Learning (ML) market size is expected to reach USD 471.39 Billion at a steady CAGR of 35.2% in 2028, according to latest analysis by Emergen Research. Machine Learning is a type of AI, which enables computers to learn without being initially programmed. Rising focus on development of computer programs that can teach themselves and change and evolve when exposed to new data, is a factor driving demand for these technologies. Artificial Intelligence and Machine Learning are used to improve efficiently in manufacturing industry. Smart factories, also known as smart factories 4.0, can reduce major unexpected downtime and improve efficiency and transition time, overall product quality, and worker safety. Artificial Intelligence enables more productivity, while also ensuring facilities are environment friendly.
The coronavirus outbreak has led to drastic changes in the current Artificial intelligence and Advanced Machine Learning business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Artificial intelligence and Advanced Machine Learning market growth assessed on both regional and global levels. Artificial Intelligence (AI) & advanced Machine Learning (ML) Market Size – USD 42.18 Billion in 2020, Market Growth – at a CAGR of 35.2%, Market Trends – Increased demand from BFSI sector.
The Global Artificial intelligence and Advanced Machine Learning Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. Key players in the market include NVIDIA Corporation, Prisma Labs, Inc., IBM, Google, Intel Corporation, Clarifai, Inc., Microsoft Corporation, Siemens, Netguru, and Micron Technology.
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Functions Outlook (Revenue, USD Billion; 2018–2028)
Operations
Manufacturing
Customer Support
Sales & Marketing
Research & Development
Others
Vertical Outlook (Revenue, USD Billion; 2018–2028):
Consumer Goods & Retail

Automotive
Healthcare
BFSI
IT & Telecom
Government
Others (Education, Media & Entertainment)
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End-Use Outlook (Revenue, USD Billion; 2017-2027):
Consumer Electronics
High-End Networks
Automotive
Others
The report considers the following timeline for market estimation:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
Highlights of the TOC:
1. Report Overview
1.1 Research Scope
1.2 Key Artificial Intelligence market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
2. Global Growth Trends
2.1 Global Artificial Intelligence market size
2.2 Latest Artificial Intelligence market trends
2.3 Key growth trends
3. Competitive Landscape
3.1 Global Artificial Intelligence market key players
3.2 Global Artificial Intelligence size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Artificial Intelligence market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Key Questions Answered in the Report:
What is the growth rate of the Artificial intelligence and Advanced Machine Learning market? What is the anticipated market valuation of Artificial intelligence and Advanced Machine Learning industry by 2027?
What are the key growth driving and restraining factors of the Artificial intelligence and Advanced Machine Learning market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Artificial intelligence and Advanced Machine Learning industry over the forecast period?
Read More: https://www.emergenresearch.com/industry-report/artificial-intelligence-and-advanced-machine-learning-market
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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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