Latin America Artificial Intelligence Market Report 2021-26: Industry Analysis, Trends, Growth and Forecast
Latin America Artificial Intelligence Market Report 2021-26: Industry Analysis, Trends, Growth and Forecast
Published by IMARC Services Private Limited
Posted on October 10, 2021
According to the latest report by IMARC Group, titled “Latin America Artificial Intelligence Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the latin america artificial intelligence market expected to continue its robust growth during the forecast period (2021-2026). The report provides a detailed analysis of the market by Offering, Technology, System, End-Use Industry, geography.
Artificial intelligence (AI) refers to an interdisciplinary field of computer science invented to imitate human intelligence to perform several activities in real-time. It is extensively utilized for multiple purposes, such as decision-making, voice recognition, visual perception, language translation, handwriting recognition, etc. Artificial intelligence offer numerous advantages, such as better adaptability, higher time-efficiency, improved accuracy, enhanced productivity, etc. As a result, it is used across various sectors, such as defense, trade, automobile, construction, healthcare, transportation, banking, etc.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The rising internet connectivity and increasing penetration of smart devices are primarily driving the Latin America artificial intelligence market. Furthermore, the escalating deployment of AI-based algorithms in e-commerce platforms for gathering specific insights is also augmenting the market growth in the region. Additionally, the growing trend of digitization across several industries, such as retail, BFSI, construction, etc., is further inducing the AI market in the region. In line with this, continuous government support for the expansion of the 5G network is also propelling the demand for AI across Latin American countries. Moreover, the increasing integration of image recognition technology with optical character identification is expected to further bolster the demand for AI in drones, robots, and self-driving cars, over the forecasted period.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact Us
Olivia Anderson Marketing Manager 30 N Gould St, Ste R Sheridan, WY 82801, USA Email: sales@imarcgroup.com Website: https://www.imarcgroup.com LinkedIn: https://in.linkedin.com/company/imarc-group
According to the latest report by IMARC Group, titled “Latin America Artificial Intelligence Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the latin america artificial intelligence market expected to continue its robust growth during the forecast period (2021-2026). The report provides a detailed analysis of the market by Offering, Technology, System, End-Use Industry, geography.
Artificial intelligence (AI) refers to an interdisciplinary field of computer science invented to imitate human intelligence to perform several activities in real-time. It is extensively utilized for multiple purposes, such as decision-making, voice recognition, visual perception, language translation, handwriting recognition, etc. Artificial intelligence offer numerous advantages, such as better adaptability, higher time-efficiency, improved accuracy, enhanced productivity, etc. As a result, it is used across various sectors, such as defense, trade, automobile, construction, healthcare, transportation, banking, etc.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The rising internet connectivity and increasing penetration of smart devices are primarily driving the Latin America artificial intelligence market. Furthermore, the escalating deployment of AI-based algorithms in e-commerce platforms for gathering specific insights is also augmenting the market growth in the region. Additionally, the growing trend of digitization across several industries, such as retail, BFSI, construction, etc., is further inducing the AI market in the region. In line with this, continuous government support for the expansion of the 5G network is also propelling the demand for AI across Latin American countries. Moreover, the increasing integration of image recognition technology with optical character identification is expected to further bolster the demand for AI in drones, robots, and self-driving cars, over the forecasted period.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact Us
Olivia Anderson Marketing Manager 30 N Gould St, Ste R Sheridan, WY 82801, USA Email: sales@imarcgroup.com Website: https://www.imarcgroup.com LinkedIn: https://in.linkedin.com/company/imarc-group