Global Artificial Intelligence (AI) Software Market Size Analysis, 2019-2028

REPORT ID: BKR1066Domain: Smart TechnologiesPublished Date: August 2019
Pages: 270+Format: PDF

Global artificial intelligence software market size is estimated to be valued at US$ 12.7 billion in 2019 primarily driven by increasing number of use cases across verticals. In addition, increasing adoption of cloud-based solutions and solutions to enhance productivity and efficiency especially in activities such as marketing, sales, supply-chain management, and manufacturing, etc. are some of the prominent drivers expected to boost growth of the AI software market in the near future. In addition, artificial intelligence solutions are used to optimize industrial facilities for applications such as energy distribution, electric motors, and rail technology.

Global AI Software Market, by Deployment:

Although, the on-premise segment currently dominated the worldwide AI software market, cloud-based solutions are gaining traction among the small and mid-sized companies across the globe. Various AI-based start-ups are focusing on introducing new solutions to cater to the growing demand in emerging countries such as India, and Brazil. Cloud-based segment is expected to register significant CAGR during the forecast period, 2019-2029

Global AI Software Market, by verticals:

Over the next few years, certain verticals such as healthcare and security segments will witness significant adoption of AI-based solutions. Some of the recent developments are listed below;

  • In August 2019, Montefiore Nyack Hospital, which is a US-based hospital, announced the adoption of artificial intelligence (AI) software in order to assist in identifying urgent life-threatening conditions on patient computed tomography (CT) scans
  • In August 2019, Volpara Solutions partnered with ScreenPoint Medical BV in order to sell ScreenPoint’s Transpara AI-based breast cancer detection solution in the US, Australia, New Zealand and parts of Asia
  • In March 2019, Comcast acquired BluVector, a US-based AI-powered cybersecurity solution provider, in order to develop new solutions and enhance its business across US

Global AI Software Market Size, by Region:

In 2019, North America AI software market currently dominates the global AI market with above 40% revenue share. This is primarily due to the robust number of connected devices and increasing adoption of AI across various end-use verticals such as healthcare, retail, etc. Over the next five years, the market in Europe is expected to gain significant market share, due to increasing adoption in manufacturing and service industries. In addition, Europe has over 25% AI start-ups globally. Various activities such as mergers, acquisition, investment, etc. are currently been witnessed across prominent countries such as UK, France, Germany, etc.

Global AI Software Market Size and Forecast: Competition Landscape           

Various key players such as IBM Corporation, Siemens, Amazon Web Services, etc. are focusing on acquiring and funding small-scaled AI-based solution providers, in order to primarily broaden their solution portfolio. In addition, some of the mid-size companies are focusing on enhancing their presence into new and niche verticals.

Some key AI solution market players are:

  • Amazon Web Services
  • IBM Corporation
  • Siemens
  • Google
  • Omron Adept Technologies
  • AlBrain
  • Microsoft
  • Anki
  • Palantir Technologies
  • Digital Reasoning
  • Wipro Limited
  • IPsoft Inc.

Research Scope:

By Algorithm Type:

  • Machine Learning
  • Deep Learning
  • Natural Language Processing

By Deployment Type:

  • On-premise
  • Cloud-based

By End-use:

  • Retail
  • Utilities & Energy
  • Healthcare
  • Smart Cities
  • Automotive
  • ICT
  • Industrial and Manufacturing
  • Media and entertainment
  • Government
  • BFSI
  • Security
  • Others

What Will You Discover in the Report?

  • An in-depth analysis of the AI software market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the AI software market revenue is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the AI software market in near future
  • Which current and upcoming technologies will shape up the AI software market?
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the AI software industry during the forecast period
  • Who are the AI software industry leaders and what are the key initiatives taken by them for long term growth?
  • Industry exclusive use cases

Who will benefit from the Report?

  • AI software Industry Solution Provider
  • AI software Industry Service Provider
  • Consultants and Analysts
  • Researchers

Analyst access with Bekryl Market Analysts

Purchasing of AI software market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

Artificial Intelligence Software: Research Scope

  1. Report Structure
  2. Executive Summary
  3. Research Methodology
  4. Artificial Intelligence Software Market
    • Market Outlook and Forecast
    • Growth Forecast Analysis Scenario
    • Software Market (Parent Market Overview)
    • Value Chain Analysis
  5. Global Artificial Intelligence Software Market Overview
    • Global Artificial Intelligence Software Market Size, 2018-2028
    • Growth Analysis, 2019-2028 (%)
    • Key Industry Players
  6. Artificial Intelligence Software Market Dynamics
    • Market Drivers
      • Demand Side Drivers
      • Supply Side Drivers
      • Macroeconomic Drivers
    • Market Challenges
    • Technological Landscape
    • Industry Trends
    • Market Opportunities
    • Marketed Details
    • Porters Analysis
    • PESTLE Analysis
    • Market Investment Proposition
    • Key Developments
    • Industry Inorganic Strategy and Growth Analysis
  7. Artificial Intelligence Software Market, By Algorithm Type
    • Introduction and Key Trends
    • Market Share Analysis, 2019 and 2028, (%)
    • Machine Learning
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • Deep Learning
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • Natural Language Processing
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
  1. Artificial Intelligence Software Market, By Deployment Type
    • Introduction and Key Trends
    • Market Share Analysis, 2019 and 2028, (%)
    • On-Premise
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
  1. Artificial Intelligence Software Market, By End-use
    • Introduction and Key Trends
    • Market Share Analysis, 2019 and 2028, (%)
    • Retail
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • Utilities and Energy
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • Healthcare
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • Smart Cities
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • Automotive
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • ICT
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • Industrial and Manufacturing
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • Media and Entertainment
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • Government
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
  1. North America Artificial Intelligence Software Market Size and Share Analysis, 2018-2028
    • Introduction
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Algorithm
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Deployment
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By End-use
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Country
      • United States
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • United States Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • Canada
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Canada Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
  1. Western Europe Artificial Intelligence Software Market Size and Share Analysis, 2018-2028
    • Introduction
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Algorithm
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Deployment
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By End-use
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Country
      • Germany
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Germany Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • United Kingdom
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • United Kingdom Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • France
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • France Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • Italy
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Italy Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • BENELUX
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • BENELUX Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • NORDIC
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • NORDIC Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • Rest of Western Europe
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Rest of Western Europe Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
  1. Central and Eastern Europe (CEE) Artificial Intelligence Software Market Size and Share Analysis, 2018-2028
    • Introduction
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Algorithm
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Deployment
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By End-use
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Country
      • Russia
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Russia Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • Poland
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Poland Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • Ukraine
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Ukraine Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • Rest of CEE
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Rest of CEE Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
  1. Asia Pacific Artificial Intelligence Software Market Size and Share Analysis, 2018-2028
    • Introduction
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Algorithm
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Deployment
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By End-use
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Country
      • China
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • China Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • India
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • India Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • Japan
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Japan Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • ASEAN
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • ASEAN Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • Australia and New Zealand (ANZ)
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • ANZ Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • South Korea
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • South Korea Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • Rest of Asia Pacific
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Rest of Asia Pacific Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
  1. Latin America Artificial Intelligence Software Market Size and Share Analysis, 2018-2028
    • Introduction
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Algorithm
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Deployment
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By End-use
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Country
      • Brazil
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Brazil Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • Mexico
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Mexico Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • Argentina
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Argentina Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • Rest of Latin America
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Rest of Latin America Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
  1. Middle East Artificial Intelligence Software Market Size and Share Analysis, 2018-2028
    • Introduction
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Algorithm
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Deployment
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By End-use
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Country
      • GCC
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • GCC Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • Rest of Middle East
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Rest of Middle East Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
  1. Africa Artificial Intelligence Software Market Size and Share Analysis, 2018-2028
    • Introduction
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Algorithm
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Deployment
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By End-use
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Country
      • South Africa
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • South Africa Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • Central Africa
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Central Africa East Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
      • North Africa
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • North Africa Artificial Intelligence Software Market Analysis, Across Segments (By Algorithm, By Deployment, By End-use)
  1. Company Landscape: Artificial Intelligence Software Industry
    • Competition Dashboard
    • Company Market Positioning, 2018
    • Key Industry Players Across Regions
    • Distribution Channel Matrix
    • Company Profiles
      • Amazon Web Services
        • Company Overview
        • Regional Presence Assessment
        • Key Offerings
        • Key Developments
        • Business Strategy
          • Product Level Strategy
          • Go-to-Market Level Strategy
          • Regional Level Strategy
        • SWOT Analysis
      • IBM Corporation
      • Siemens
      • Google
      • Omron Adept Technologies
      • AlBrain
      • Microsoft
      • Anki
      • Palantir Technologies
      • Digital Reasoning
      • Wipro Limited
      • IPsoft Inc.

(*Key Pointers mentioned is covered across all other companies)

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