Report overview
Artificial intelligence has received an overwhelming attention globally due to the extraordinary developments it has brought about in the recent past such as mobile phones using speech recognition, driverless cars, robots automating operations in factory, and many others. Technologies such deep learning, machine learning, speech recognition, image recognition, and automated reasoning, among others, are designed to provide computers that are capable of mimicking human abilities are an integral part of cognitive/artificial intelligence systems. Moreover, cognitive/artificial intelligence systems are widely used by the industrial sector wherein robotics developed on the artificial Intelligence technology is deployed in the workstation in order to automate the production processes, as well as are used in building and home automation, among others. The artificial Intelligence technology has also led to development of advanced drones used for surveillance in the aerospace and defence industry.
This report contains market size and forecasts of Cognitive/Artificial Intelligence Systems in Global, including the following market information:
Global Cognitive/Artificial Intelligence Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Cognitive/Artificial Intelligence Systems market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Robotics Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Cognitive/Artificial Intelligence Systems include IBM, Microsoft and Google, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Cognitive/Artificial Intelligence Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cognitive/Artificial Intelligence Systems Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Cognitive/Artificial Intelligence Systems Market Segment Percentages, by Type, 2021 (%)
Robotics
Consumer Electronics
Drones
Autonomous Cars
Others
Global Cognitive/Artificial Intelligence Systems Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Cognitive/Artificial Intelligence Systems Market Segment Percentages, by Application, 2021 (%)
Manufacturing
Healthcare
Consumer And Retail
Automotive
BFSI
Aerospace And Defence
Others
Global Cognitive/Artificial Intelligence Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Cognitive/Artificial Intelligence Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cognitive/Artificial Intelligence Systems revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Cognitive/Artificial Intelligence Systems revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
IBM
Microsoft
Google
