AI solutions market is projected to grow at a CAGR of 14.81% during the forecast period, reaching a total market size of US$119.866 billion in 2024 from US$52.343 billion in 2018. Artificial Intelligence, as the name suggests, is associated with human intelligence and has similar features such as understanding language, learning, problem-solving, and various others. It is one of the fastest-growing technology. Increasing adoption of cloud-based applications and services, a growing number Read more...
Global Artificial Intelligence in manufacturing market is projected to grow at a CAGR of 17.52% during the forecast period, reaching a total market size of US$82.584 billion in 2025 from US$31.348 billion in 2019. Artificial intelligence is strengthening its footprints across the global manufacturing industry as it continues to become more competitive. Increasing competition across the sector is pushing industry players towards pumping heavy investments into research and developments and Read more...
Artificial intelligence (AI), sometimes called machine intelligence, is the ability of a computer program or machine to think and learn. Artificial Intelligence is growing because of its various applications in the education sector which enhances the teacher and student experience and also due to the proliferation of smart devices and the rapid digitalization across the globe. AI uses deep learning, machine learning, and advanced analytics to monitor the student’s learning Read more...
The Swarm Intelligence Market was valued at US$XX billion in 2017 and is projected to expand at a CAGR of XX.XX% over the forecast period to reach US$XX billion by 2023. Swarm Intelligence is an emerging field of biologically- inspired artificial intelligence based on the behavioral models of social insects such as ants, Bees, Wasps etc. It takes its inspiration from the collective behavior of large numbers of individuals that collaborate with one another and their environment to achieve a commo Read more...
The artificial intelligence processor market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. The demand for these processors is increasing on account of the growing popularity of artificial intelligence and the trend towards big data analytics. In addition, rising research and development investment by vendors and the emergence of start-ups in the field so as to introduce new processors in the market with faster computing capability wi Read more...
The Global Iris Recognition Market is projected to witness a compound annual growth rate of 18.54% over the forecast period to reach a total market size of US$1,318.720 million by 2023, increasing from US$563.329 million in 2018. One of the major factors driving growth is the integration of iris scanners in smartphones. Declining prices of these systems have augmented its usage across various industry verticals such as healthcare, BFSI, and leisure among others. Rising security threats and the n Read more...
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