According to Technavios research report on the global artificial intelligence market in the industrial sector, the market is expected to accelerate at a CAGR of around 54% during the forecast period. The increase in the adoption of data-guided decision making is one of the key drivers for the artificial intelligence market.
This research report titled ˜Global Artificial Intelligence Market in the Industrial Sector 2018-2022 provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
The report on the global artificial intelligence market in the industrial sector categorizes the market into the following end-users:
- Process industries
- Discrete industries
In 2017, the process industries segment accounted for nearly 64% of the artificial intelligence market share and is projected to contribute to the highest share of the market throughout the forecast period.
WANT TO BUILD A FINANCIAL EMPIRE?
Subscribe to the Global Banking & Finance Review Newsletter for FREE Get Access to Exclusive Reports to Save Time & Money
By using this form you agree with the storage and handling of your data by this website. We Will Not Spam, Rent, or Sell Your Information.
Global artificial intelligence market in the industrial sector: Top emerging trend
The emergence of IIoT is a major trend in the artificial intelligence market in the industrial sector. The increased use of smart devices, wireless, and cloud technology is expected to influence the future of industrial robots such as collaborative robots in terms of the range of utility and mode of operation. Owing to the rising competition, the vendors have been offering attractive options such as services and control modules through smart devices and Wi-Fi technology for controlling equipment from remote locations.
Looking for more information on this market? Request a free sample report
Technavios sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavios report provides expert market research on the following topics:
- Market Outline
- Global Artificial Intelligence Market in the Industrial Sector Overview
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by application (remote monitoring and predictive maintenance, supply chain management, R&D and production planning, quality control, execution of operation and maintenance contracts, and regulatory intelligence)
- Market segmentation by end-user (process industries and discrete industries)
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Alphabet, Amazon.com, GENERAL ELECTRIC, IBM, Microsoft, and Siemens)
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavios report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at [email protected].
Media & Marketing Executive
+1 844 364 1100
UK: +44 203 893 3200