The global virtual reality gaming accessories market is expected to grow at a significant CAGR during the forecast period. The smartphone era has changed the way people interact with technology. Smartphones now control almost every part of daily life, including commercial and financial transactions, e-commerce, and even gaming, with individuals relying on their mobile devices […]
Category Archives: Artificial Intelligence
The Global Smart Virtual Assistance Market is expected to grow at a significant CAGR during the forecast period. A smart virtual assistant (SVA) is a piece of software created using artificial intelligence. It stimulates or produces responses that are comparable to those seen in human interactions, and it performs certain jobs like customer service. Machine […]
The global conversational AI market is anticipated to grow at a considerable CAGR of 20.5% during the forecast period. There are several growth opportunities that could be taken advantage by major companies to maximize the potential of the conversational AI market. One such key opportunity is to rise in integration of the existing conversational AI capabilities into […]
The collective intelligence platform market is projected to grow at a significant CAGR during the forecast period. The collective intelligence (CI) or group intelligence refers to the intellect that comes through the collection, collaboration, collective efforts, and competition of many individuals. The collective intelligence platform has its utility in consensus decision making. The increasing use […]
The global automatic content recognition market is anticipated to grow at a significant CAGR during the forecast period. Automatic content recognition is a software-based identification technique for identifying content pieces on a media device or within a short distance. Algorithms are used in this method to analyse and route information with pictures, audio, and video […]
The global augmented intelligence market is anticipated to grow at a considerable CAGR of 39.9% during the forecast period. The primary factor that is bolstering the growth of the market over the forecast period is the significant rise in the development and introduction of various AI-powered and advanced technologies in the market. Advanced technologies include big data, […]
The global AI in construction market is anticipated to grow at a considerable CAGR of 38.7% during the forecast period. Artificial intelligence (AI) is an aggregative term for describing when a machine mimics human cognitive functions, such as problem-solving, pattern recognition, and learning. The growing use of AI in construction has been helping the players realize value […]
The global AI in agriculture market is anticipated to grow at a CAGR of 26.1% during the forecast period. The global population is rapidly increasing, which has increased the requirement and demand for bringing AI in agriculture industry. Limited availability of arable land coupled with increased food production is driving the adoption and integration of AI in […]
The global AI chipsets market is anticipated to grow at a CAGR of 40.5% during the forecast period. The growing adoption of AI chipsets across the healthcare industry is expected to propel the growth of the market during the forecast period. Key players and researchers are also involved in launching new devices to cater to the unmet […]
The global ai-enabled imaging modality market is expected to grow at a significant CAGR during the forecast period. Rising investment in the healthcare ecosystem and the growing ageing population will drive market growth. Lung and breast cancer are commonly detected via X-ray imaging. A computed tomography (CT) scan can also detect minor lesions in the […]
Artificial Intelligence (AI) in marketing market is anticipated to grow at a significant CAGR of 15.5% during the forecast period (2024-2031). The growing demand for AI in defining marketing strategies by major organizations is a key factor driving the global market growth. According to the Business Solutions Marketing Statistics 2023, AI is used for marketing purposes […]
Advancement in the AI in environmental protection market could be one of the solutions to solve the major environmental concerns. The environmental concerns are increasing globally due to various reasons that include global warming, animal endangerment, carbon emissions, disease containment, air, and water pollution. These have led to a rise in the use of renewable sources of […]
AI in energy management market has reached a new level in utility and applications that are beyond the expectations owing to advanced engineering. AI is backed by advanced machine learning (AML) along with deep learning algorithms (DLA) and advanced neural network (ANN). AI linked with energy management can handle gigabyte and petabyte of structured, semi-structured, and […]
Artificial intelligence (AI) in the education market is anticipated to grow at a significant CAGR of 16.6% during the forecast period (2024-2031). The market growth is attributed to the growing investments made by both public and commercial sectors in EdTech and AI. The growing popularity of edutainment with the advancement in technology such as natural language […]
Artificial Intelligence (AI) in E-commerce market is anticipated to grow at a significant CAGR of 14.8% during the forecast period (2024-2031). The market growth is attributed to the increased demand for smart logistics and price optimization to offer customized product suggestions and improved customer service globally. AI can evaluate massive volumes of transaction data in real […]
AI in drug discovery market is anticipated to grow at an exponential CAGR of 40.3% during the forecast period. The market growth is attributed to the growing demand for artificial intelligence (AI)-powered solutions in the drug discovery processes by the life science industries with growing production capacity and increasing demand for the discovery and development of […]
AI in defense market is anticipated to grow at an exponential CAGR of 36.1% during the forecast period. The market growth is attributed to the growing demand for autonomous systems in unmanned aerial vehicles (UAVs), drones, and autonomous spacecraft, increasing adoption of AI algorithms optimizes mission planning for military operations with AI-powered image and signal processing […]
AI in BFSI market is anticipated to grow at an exponential CAGR of 34.3% during the forecast period. The market growth is attributed to the growing demand for AI in banking to enhance efficiency, security, and customer experiences, automate routine tasks such as data entry and fraud detection, reducing operational costs with AI-driven chatbots providing 24/7 […]
The Global Active Railway Wheel Sensor Market is estimated to grow at a significant CAGR during the forecast period. The main feature of a railway axle counter is the wheel sensor. The traditional active magnetic steel axle counter approach suffers from a lack of precision. As a result, a high-precision active wheel sensor was proposed, […]
The global automatic content recognition market is anticipated to grow at a significant CAGR during the forecast period. Automatic content recognition is a software-based identification technique for identifying content pieces on a media device or within a short distance. Algorithms are used in this method to analyse and route information with pictures, audio, and video […]
The global AI in construction market is anticipated to grow at a considerable CAGR of 38.7% during the forecast period. Artificial intelligence (AI) is an aggregative term for describing when a machine mimics human cognitive functions, such as problem-solving, pattern recognition, and learning. The growing use of AI in construction has been helping the players realize value […]
The global AI in agriculture market is anticipated to grow at a CAGR of 26.1% during the forecast period. The global population is rapidly increasing, which has increased the requirement and demand for bringing AI in agriculture industry. Limited availability of arable land coupled with increased food production is driving the adoption and integration of AI in […]
The global AI chipsets market is anticipated to grow at a CAGR of 40.5% during the forecast period. The growing adoption of AI chipsets across the healthcare industry is expected to propel the growth of the market during the forecast period. Key players and researchers are also involved in launching new devices to cater to the unmet […]
The global ai-enabled imaging modality market is expected to grow at a significant CAGR during the forecast period. Rising investment in the healthcare ecosystem and the growing ageing population will drive market growth. Lung and breast cancer are commonly detected via X-ray imaging. A computed tomography (CT) scan can also detect minor lesions in the […]
The global AI in drug discovery market is estimated to grow significantly, at a CAGR of 51.3%, during the forecast period. In recent years, the demand for early and accurate detection of diseases is increasing rapidly. The major reason for the early detection of diseases is that people are becoming more conscious about their health. Advancement in […]
The global AI in defense market is projected to exhibit a significant growth, at a CAGR during the forecast period. AI can be utilized in the development of autonomous and intelligent weapon systems, such as unmanned aerial, underwater and surface vehicles, as well as cruise missiles and military robotics. Such type of weapon systems can use AI […]
The global AI in the BFSI market is estimated to grow significantly, at a CAGR of 34.3%, during the forecast period. The applications of AI in banking involve developing proactive risk management systems and achieving productivity gains. Regardless of the nascent stage of AI adoption, the profits have already been realized at numerous large-scale banks over the […]
The global wearable AI market is anticipated to grow at a CAGR of 29.8% during the forecast period. Fitness trackers, demonstrated by brands like Fitbit, employ AI to monitor and analyze physical activity, heart rate, and sleep patterns. They also provide personalized fitness recommendations. These wearable devices can even detect potential health issues and send alerts to […]
Global quantum computing market is anticipated to grow at a considerable CAGR of 30.6% during the forecast period. Governments and companies around the world are investing heavily in quantum computing research and development. This is helping to accelerate the development of quantum computers and related technologies. Quantum computers are expected to be much faster than traditional computers […]
The global military cloud computing market is anticipated to grow at a considerable CAGR of 12.2% during the forecast period. Governments around the world are promoting the adoption of cloud computing in the military sector for several reasons, some of which are described next. Cloud computing can help military organizations reduce their IT costs by […]
Global generative AI market is anticipated to grow at a considerable CAGR of 48.5% during the forecast period. Generative AI algorithms need large datasets of training data to learn. The increasing availability of data from the internet, social media, and other sources is making it possible to train more powerful and sophisticated generative AI algorithms. The increasing […]
The composite AI market is estimated to grow at a CAGR of 35.4% from 2024 to 2031. The growth in this sector is driven by increasing investment in the AI/ML industry, rapidly growing competition, better access to technology, changing businesses’ tendencies to more data-driven decisions, and increasing rate of data production among others. For instance, In September […]
The global blockchain AI market is anticipated to grow at a considerable CAGR of 24% during the forecast period. The companies are focusing on implementing innovative blockchain-based technologies to enhance customer satisfaction, which further fuel the market growth during the forecast period. For instance, in November 2020, Proven Technology VCS and Medical physicians launched a […]
Global artificial intelligence in energy market is anticipated to grow at a CAGR of 14.5% during the forecast period. Smart consumption tools powered by AI have changed how consumers use and save energy. With the formation of decentralized power grids, it’s possible to balance the energy inputs and outputs using the previously collected data. Deep learning AI […]
The global AI in cancer diagnostics market is anticipated to grow at a CAGR of 32.5% during the forecast period. Artificial Intelligence (AI) has made positive impact across various sectors including healthcare globally. A notable surge in the adoption of AI tools across different domains, including healthcare, has led to a pronounced increase in demand for AI-driven […]
The global artificial intelligence as a service market size was valued at $7.7 billion in 2022, and is projected to reach $96.1 billion by 2030, registering a CAGR of 37.10% during the forecast period. Each year, the US spends about $40 billion on patients who have had drug mishaps. Artificial intelligence can assist providers in various patient […]
The global AI Sensor market is anticipated to grow at a CAGR of 41.6% during the forecast period. A sensor is a machine that recognises and responds to an incoming signal. AI robots leverage an array of sensors, enabling size measurement, object recognition, and distance assessment. Furthermore, radio-frequency identification (RFID) technology provides a wireless means of sensing […]
The global AI in precision medicine market is anticipated to grow at a CAGR of 19.2% during the forecast period. Several methods use a machine learning (ML) model to categorize genes as tumor suppressors, oncogenes, or neutral genes. Both known oncogenes and tumor-suppressor genes, such as TP53 and PIK3CA, were successfully predicted by using an AI-based precision […]
Global AI in the Medical Writing Market is experiencing significant growth expecting to grow at a CAGR of 16.1% during the forecasted period. The market growth is owing to factors such as the increasing acceptance of machine learning especially AI, the growing need to reduce healthcare expenditures, and increased R&D investments in pharmaceutical companies to optimize their […]
The global AI in life science analytics market is anticipated to grow at a CAGR of 9.7% during the forecast period. The development of diseases and patient outcomes can be predicted by a variety of conditions using Artificial Intelligence (AI). It is used in conducting clinical trials, enables new drug discoveries, and diagnoses of diseases more precisely […]
The global AI in diagnostics Market is anticipated to grow at a CAGR of 23. 5% during the forecast period. Machine learning (ML) algorithms offers the capability to track and monitor patient symptoms and notify medical personnel/ staff about potential risks. The utilization of AI algorithms enhances the precision of medical diagnosis, improve patient outcomes, and enhance […]
The global AI in cybersecurity market is anticipated to grow at a CAGR of 23.6% during the forecast period. The rising concern for unauthorized access, data breaches, and cyber threats in the healthcare industry pushes the key players to launch medical cybersecurity solutions. For instance, in March 2022, cybersecurity solutions company Illumio and Cylera, a provider in […]
The global AI in aviation market is anticipated to grow at a CAGR of 42.1% during the forecast period. In an effort to enhance safety and security infrastructure at airports, airport authorities are adopting AI for baggage and passenger screening, which is fueling the AI in Aviation market during the forecast period. For instance, in January 2020, […]
The global AI in cybersecurity market is anticipated to grow at a CAGR of 23.6% during the forecast period. The rising concern for unauthorized access, data breaches, and cyber threats in the healthcare industry pushes the key players to launch medical cybersecurity solutions. For instance, in March 2022, cybersecurity solutions company Illumio and Cylera, a provider in […]
The global AI camera market is anticipated to grow at a CAGR of 12.8% during the forecast period. AI cameras are becoming increasingly prevalent in various innovative applications, such as self-driving cars, medical diagnostics, and emergency response systems. Consequently, companies are placing significant emphasis on the development of AI-based cameras. One of the pioneering and critically important […]
The global AI in media & entertainment market is anticipated to grow at a CAGR of 12.8% during the forecast period. The rise in the consumption of gaming and animated products encourages the utilization of AI-powered tools in gaming and animation sectors. These tools are used to generate more realistic features and actions of the animated character […]
The global AI-enabled imaging modalities market is anticipated to grow at a CAGR of 35.0% during the forecast period. The FDA’s approval of a new AI-powered imaging processing software is expected to have significant implications in the market of AI-enabled imaging modalities. The software’s accuracy in analysing medical images could improve diagnostic precision, resulting in earlier detection […]
The global AI in Supply Chain market is anticipated to grow at a CAGR of 38.8% during the forecast period. AI plays a crucial role in assisting businesses in various aspects of supply chain management, such as inventory planning, transportation route optimization, and overall efficiency enhancement. By analyzing historical data and market trends, AI algorithms provide accurate […]
The global artificial intelligence (AI) in project management market is anticipated to grow at a CAGR of 17.4% during the forecast period. The utilization and development of AI-based tools and software have witnessed an exponential increase among organizations around the globe. In recent years, businesses have involved AI to automate and optimize processes, including planning, forecasting, and […]
The global artificial intelligence (AI) in computer vision market is anticipated to grow at a CAGR of 36.1% during the forecast period. AI has positively impacted almost every market including computer vision globally. There is an exponential increase in the number of companies developing and using AI across the globe. For an instance in June 2023, Meta […]
The global AI image generator market is anticipated to grow at a significant CAGR of 17.1% during the forecast period. New AI-image generator launches are global AI image generator market contributing to the for instance, in July 2023, Stability AI, AI startup, launched image generative AI models with the launch of Stable Diffusion XL 1.0. This state-of-the-art […]
The global AI & advanced ML in BFSI market is anticipated to grow at an exponential CAGR of 50.5% during the forecast period. The banking industry is always situated at the forefront of constant innovation, amidst challenges posed by global economic uncertainties, emerging competitors, and ever-changing customer demand. The rising focus of major banks such as Deutche […]
The global multimodal AI market is anticipated to grow at a CAGR of 14.9% during the forecast period (2024-2031). The ability of multimodal Al to solve complex problems and provide a thorough approach to problem-solving through the use of Generative Al techniques is a key factor driving the global market growth. To meet the growing need for […]
Global generative design market is anticipated to grow at a significant CAGR of 19.4% during the forecast period (2024-2031). The growing trend of lightweight vehicle products has accelerated demand for generative design technology in automobile sector. This technology is particularly crucial in electric vehicle (EV) design, where prioritizing weight reduction is paramount. Lighter vehicles require less energy […]
Global generative AI in marketing market is anticipated to grow at a considerable CAGR of 35.8% during the forecast period (2024-2031). Generative AI is used for a comprehensive range of applications in marketing. The content creation, image/ video production, Search Engine Optimization (SEO), marketing segmentation, personalization, customer support, and cookie less marketing are some of the major […]
Global generative AI in fintech market is anticipated to grow at an exponential CAGR of 31.5% during the forecast period (2024-2031). Generative AI has become an essential tool for fintech firms, as it enables them to provide personalized solutions tailored to each customer’s specific needs. It is used in algorithmic trading to develop sophisticated trading algorithms that […]
The global edge AI market is anticipated to grow at a significant CAGR of 22.2% during the forecast period. The ongoing developments in edge AI to drive the global market. For instance, in November 2023, ADLINK Technology Inc., introduce the DLAP-211-Orin Series and DLAP-411-Orin industrial-grade edge AI platforms. The new DLAP platforms, enhanced with Orin modules, offer […]
Global citizen services AI market is anticipated to grow at a significant CAGR of 11.1% during the forecast period (2024-2031). The market growth is attributed to the growing adoption of AI in transforming government interactions, making them more efficient and accessible for citizens with technologies like chatbots and virtual assistants to automate tasks, answer citizen inquiries, and […]
Global artificial intelligence (AI) toolkit market is anticipated to grow at a significant CAGR of 16.9% during the forecast period (2024-2031). The market growth is attributed to the growing adoption of advanced AI technologies in industry verticals, such as automotive, healthcare, retail, finance, and manufacturing drives the growth of the market. Additionally, increasing government regulations and initiatives […]
The global artificial intelligence (AI) orchestration market is anticipated to grow at a CAGR of 32.9% during the forecast period. Business process automation uses AI orchestration to automate repetitive and rule-based processes, like data entry, invoice processing, and customer support. This can improve efficiency, reduce errors, and save costs. AI orchestration can also be used to manage […]
Global AI in the medical coding market is anticipated to grow at a moderate CAGR of 13.7% during the forecast period (2024-2031). AI technologies are being used in various healthcare applications to enhance coding accuracy, improve revenue cycle management, detect fraud, and provide clinical decision support. These applications leverage AI algorithms and data analysis tools to assist […]
Global AI in fashion market is anticipated to grow at an exponential CAGR of 26.0% during the forecast period (2024-2031). AI is revolutionizing the fashion industry by offering a range of advanced tools and technologies. These include personalized product recommendations, visual search capabilities, virtual try-on solutions, demand forecasting, trend forecasting, supply chain optimization, customer service chatbots, and […]
Global artificial intelligence (AI) in beauty and cosmetics market is anticipated to grow at a significant CAGR of 19.6% during the forecast period (2024-2031). AI-powered skincare tools use computer vision and machine learning algorithms to analyze skin conditions, provide personalized skincare recommendations, and enable virtual try-ons and makeup simulations. It additionally analyze skin tone, undertones, and other […]
The global artificial intelligence (AI) in banking market is anticipated to grow at a CAGR of 25.1% during the forecast period. There is an exponential increase in the number of people using mobile devices and internet such as smart phones and tablets according to International Telecommunication Union, that approximately 5.4 billion people – or 67 per cent […]
Global AI-enabled testing market is anticipated to grow at a significant CAGR of 17.4% during the forecast period. The growing shift of users towards adoption of intelligent automation in testing, utilizing AI to automate test case generation, execution, and analysis for faster release cycles and improved accuracy driven the market demand. The new release of AI-powered featured […]
Global AI-based clinical trial solutions for patient market is anticipated to grow at a significant CAGR of 22.6% during the forecast period (2024-2031). AI technologies play a significant role in various aspects of clinical trials. It contribute to personalized medicine and biomarker discovery by analyzing genomic, proteomic, and other omics data to identify biomarkers associated with disease […]
Global AI training dataset market is anticipated to grow at a significant CAGR of 17.9% during the forecast period (2024-2031).AI training datasets have a wide range of applications across various industries. It is used for tasks such as speech recognition, predictive analytics, recommendation systems, healthcare diagnostics, training autonomous systems, fraud detection, virtual reality, augmented reality, and content […]
Global AI powered storage market is anticipated to grow at a significant CAGR of 17.4% during the forecast period (2024-2031). The AI-powered storage sector is anticipated to see significant expansion in China mainly due to rapid advancements in AI R&D, alongside improvements in its digital infrastructure. With strong government backing for AI technology and initiatives such as […]
The global artificial intelligence (AI) in telecommunication market is anticipated to grow at a CAGR of 41.4% during the forecast period. AI is widely used in customer service and support, predictive maintenance, fraud detection and prevention, quality of service (QoS) management, IoT device management, and data analytics. In customer service and support, AI-driven chatbots and virtual assistants […]
Global AI in renewable energy market is anticipated to grow at a CAGR of 24.8% during the forecast period. Considering the benefits of Artificial Intelligence (AI) in renewable energy, regulators and governments globally are also promoting the use of AI in clean energy by introducing better policies and investments. For instance, in August 2023, the UK government […]
The global artificial intelligence (AI) in real estate market is anticipated to grow at a CAGR of 10.24% during the forecast period AI-powered systems can be used to assist with property search and recommendation, valuation, customer support, lead generation, and predictive analytics. Property search and recommendation systems can analyze a buyer’s preferences and budget to provide personalized […]
Global AI in food & beverages market is anticipated to grow at an exponential CAGR of 37.5% during the forecast period (2024-2031). The increment of operational efficiency, marketing & customer experience enhancement, and product innovation are the core application areas of AI in food & beverage industry. The key players operating in this industry are exploring the […]
Global artificial intelligence (AI) in the cardiology market is anticipated to grow at an exponential CAGR of 25.3% during the forecast period (2024-2031). AI algorithms are used in various fields, including diagnostic imaging, risk prediction, arrhythmia detection, stroke management, ischemic heart disease management, cardiac function assessment, treatment planning, remote monitoring, drug discovery, and clinical research. These algorithms […]
Global AI deepfake detector tool market is anticipated to grow at an exponential CAGR of 32.4% during the forecast period (2024-2031). The market expansion is driven by government campaigns to counter deepfakes. Financial institutions have also increased the use of deepfake detection tools. This has made the financial institutions more susceptible to identity theft, account takeover, and […]
Global AI data management market is anticipated to grow at a significant CAGR of 15.7% during the forecast period (2024-2031). The market growth is attributed to the growing demand for high-quality training data is escalating with advancements in AI technologies driving the market growth. Market players introducing AI-powered solutions can enhance data management by analyzing access patterns, […]
Global AI as a service market is anticipated to grow at a significant CAGR of 17.7% during the forecast period (2024-2031). The market growth is attributed to the increasing demand for Machine Learning (ML) services in the form of software development kits (SDK) and application programming interfaces (API) with AI startup investment driving the growth of the […]
Global adaptive AI market is anticipated to grow at a CAGR of 10.8% during the forecast period (2024-2031). The market growth is attributed to the growing demand for real-time adaptive AI, offline learning and adaptation, context-aware adaptation, and autonomous decision-making drive the growth of the market. With the help of adaptive AI, machines can gain insight from […]