The artificial intelligence (AI) market was valued at 1245 Billion US$ in 2018 and is projected to reach 6010 Billion US$ by 2024
Artificial intelligence (AI) is wide-ranging branch of computer science concerned with building smart machines capable of performing tasks the typically require human intelligence
The artificial intelligence (AI) market
was valued at 1245 Billion US$ in 2018 and is projected to reach 6010 Billion US$ by 2024, at a CAGR of 30% during the forecast period.
At present, the industry chain of the artificial intelligence industry is clear and can be divided into the basic field, the technical field and the application field, the basic field supports the deep development of artificial intelligence with data or computing capabilities, such as sensors, chips, and cloud computing. The basic field mainly involves data collection and operation. Among them, sensors and data service agencies are mainly responsible for collecting data, and AI chips (GPU, FPGA, ASIC, brain-like chips) are responsible for computing. Artificial intelligence applications field are mainly concentrated in education, medical, driverless, e-commerce retail, personal assistant, home, security and other industries.
Key players in global artificial intelligence (AI) market include: Google Inc, IBM Corporation, Microsoft Corporation, Nvidia Corporation, Intel Corporation, General Vision, Inc, Numenta, Inc, Sentient Technologies Holdings Ltd, Fingenius Limited, Inbenta Technologies, Inc, Salesforce.com, Inc, Facebook, Inc, Baidu, Inc etc.