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Artificial Intelligence in Marketing Market Research Report- Forecast till 2023
Market Highlights According to Market Research Future (MRFR), the global artificial intelligence in the marketing market is poised to reach approximately USD 21 BN by 2023, growing at 26% CAGR throughout the forecast period (2020 to 2023). AI uses adaptive learning and computer vision techniques to analyze the enterprise data and offer detailed insights about the market, which helps make informed decisions for better management of the enterprise. The global artificial intelligence in marketing is growing continually. The market growth attributes to the growing need for high computation power, vast volumes of data generated each day, cloud-based services, and advanced algorithms development. Increasing requirements of marketing platforms allow companies in content curation, exploring artificial intelligence (AI) technology. Besides, the increasing usages of machine learning, deep learning, and natural language processing escalate market growth. Additionally, increasing curating on-demand services, advertisements, articles, promotional advertisements, and videos substantiate market growth. The preference of the target audience increases the size of the market, helping in brand building substantiate the development of the market. The growing demand for customer-driven marketing and advertisement fuels market growth. The latest trends, such as social media image recognition, individual personalization, and conversational marketing, influence market growth. On the other hand, complex algorithms and data privacy concerns are the major factors projected to impede the growth of the market. Nevertheless, increasing AI implementation for marketing and advertisement, social media image recognition applications would support market growth, analyzing millions of pictures within no time. Also, the growing competition across the industries and increasing emphasis on business intelligence boost the growth of the market. Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/6568 Regional Analysis North America accounts for a key share in the global artificial intelligence in marketing market. The largest market share attributes to the presence of major technology providers equipped with advanced technologies in the region. Besides, the increasing implementation of cutting-edge technology in the advertisement sector drives growth in the regional market. Moreover, the penetration of the Internet and smartphones substantiate the growth of the regional market. The increasing spending on research and development of AI algorithms and technologies such as machine learning, virtual assistance, natural language processing, and others increase the market size. The North American AI in marketing market is projected to retain its dominance throughout the forecast period. Europe stands second in the global artificial intelligence in marketing market. The market growth attributes to the presence of various notable players and large deployments of AI technologies in marketing platforms. Additionally, the rising numbers of medium and large enterprises act as a major tailwind for the growth of the regional market. High adoption of AI technology in marketing solutions used across the growing number of agencies and retailers pushes the growth of the regional market. The European artificial intelligence in marketing market is predicted to create a substantial revenue pocket during the assessment period. Asia Pacific artificial intelligence in the marketing market is growing rapidly. Factors such as the increasing adoption of social media platforms and additional platforms for advertisement drive the growth of the regional market. The rising adoption of AI technology and cloud deployment by large and SMEs to enhance customer satisfaction and operational performance boost the growth of the regional market. Augmenting demand from growing numbers of retailers and businesses for tools is a key driving force, driving the traffic towards the brick & mortar shops. Substantial investments transpired by key players in the development of AI technology platforms impact the growth of the regional market positively. India and China are the major AI in the marketing market in the region. The APAC artificial intelligence in marketing market is expected to grow at a significant rate during the forecast period. Segmentation: The report is segmented into five dynamics: By Application : Sales Forecasting, Content Curation, Virtual Assistance, Predictive Analytics, Ad Optimization, Dynamic Pricing, and others. By Technology : Machine Learning, Adaptive Learning, Natural Language Processing, Natural Language Generation, Speech Recognition, Advanced Analytics, Computer Vision, and others. By Vertical : BFSI, Retail, & E-Commerce, Government, IT & Telecommunication, Healthcare, Commercial Organization, and others. By Deployment : On-Cloud and On-Premise. By Regions : Asia Pacific, Americas, Europe, and the Rest-of-the-World. Artificial Intelligence (AI) in Marketing Market - Competitive Analysis Highly competitive, the AI in marketing market appears fragmented due to the presence of several well-established players. Mergers & acquisitions, innovation, and brand reinforcement remain prevailing key trends for the leading players as these strategies support their growth and expansion plans. They deliver reliable, leading-edge products and services. For which they invest substantially in R&D to develop adept technologies and products. Major Players: Players leading the AI in marketing market include Google (US), IBM Corporation (US), Facebook (US), Intel Corporation (US), Amazon.com, Inc. (US), Microsoft Corporation (US), Salesforce.com, Inc. (US), NVIDIA Corporation (US), Baidu, Inc. (China), Samsung (South Korea), Albert Technologies Ltd (Israel), Micron Technology, Inc. (US), Oracle Corporation (US), H2O.ai (US), Oculus360 (US), Sentient Technologies Holdings Ltd (US), and Twitter (US), among others. Industry/Innovation/Related News: September 02, 2020 --- IDG Communications, Inc. (the US), a leading global tech media, data, and marketing services company, unveiled a glimpse into organizational Artificial Intelligence (AI)/Machine Learning (ML) initiatives. The rising adoption of AI/ML technology led by the researches reveals organizations’ current activity around AI/ML. Browse Complete Report @ https://www.marketresearchfuture.com/reports/artificial-intelligence-marketing-market-6568 Artificial Intelligence in Marketing Market Research Report, by Application (Ad Optimization, Content Curation), by Technology (Adaptive Learning, Advanced Analytics), by Vertical (BFSI, Government), by Deployment (On-Cloud) - Global Forecast till 2023 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact: Market Research Future +1 646 845 9312 Email: [email protected] Artificial Intelligence Chipset Market Research Report- Forecast till 2025
Market Highlights The data experts at Market Research Future Reports (MRFR) have thoroughly evaluated the global artificial intelligence (AI) chipset market and established that the market is likely to record a CAGR of 39.18%, holding a value of USD 38.46 billion by the end of 2025. The number of AI-enabled application is augmenting, which is a substantial factor prompting global artificial intelligence (AI) chipset market 2020. Further, attempts to improve the customer experience by employing AI-based products and services. In addition, the development of human-aware AI systems is likely to augment the opportunity of expansion. Besides, the integration of AI with computing equipment is projected to be a lucrative factor resulting in an upward trajectory of the market. It is to be accentuated here that AI chipset demands low power with higher computing efficiency to devices such as laptops, smartphones, and smart wearables. The integration of AI chips ensures the operational efficiency with advanced VR, AR and enhanced user experience. On the flip side, the dearth of technical prowess and AI standards are anticipated to limit the enlargement of the global artificial intelligence (AI) chipset market. However, pandemic COVID-19 has resulted in changing market dynamics. The data experts at MRFR are evaluating factors and the aftermath of COVID-19. We will provide an impact analysis report on COVID-19. Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/4987 Segmentation: The global artificial intelligence (AI) chipset market can be distinguished into technology, component, vertical, application, and geography. On the basis of technology, the worldwide artificial intelligence chipset market can be distinguished into Natural Language Processing, Machine Learning, and others. On the basis of component, the worldwide artificial intelligence chipset market can be distinguished into software, and hardware (CPU, Processors, GPU, FPGA, ASIC, Memory, and Network) On the basis of vertical, the worldwide artificial intelligence chipset market can be distinguished into Automotive, Consumer Electronics, Retail, Media & Entertainment, IT & Telecommunication, Healthcare, and BFSI. On the basis of application, the worldwide artificial intelligence chipset market can be distinguished into smart wearable, smartphones, robotics, security systems, automobile, and medical imaging. On the basis of geography, the worldwide artificial intelligence chipset market can be distinguished into Asia-Pacific, North America, Europe, and Rest of the World (RoW). Regional Analysis The global artificial intelligence (AI) chipset market is projected to be extremely lucrative during the assessment period. The geographical analysis of Asia-Pacific, North America, Europe, and Rest of the World (RoW) has been carried out. The data experts at MRFR have concluded that North America is estimated to reign the global artificial (AI) chipset market during the assessment period. The most substantial reason responsible for the apex position of North America is the presence of entrenched players like Amazon, IBM, and Google in the region. Further, the region comprises of the population with high purchasing power. Also, the region is experiencing a rise in the number of startups which is another factor of market growth. On the other hand, the APAC region is anticipated to show a substantial market enlargement during the assessment period. The developing nations like India, China and Japan are estimated to make an essential contribution to strengthen the regional market. The application of AI chipset is surging in sectors like automotive & transportation, finance, healthcare, retail, media & advertisement, and a few more. However, the market trajectory has witnessed a change due to the outbreak of COVID-19. Key Players The renowned organizations of the worldwide AI chipset market are Qualcomm Technologies Inc. (US), NVIDIA Corporation (US), Intel Corporation (US), Advanced Micro Devices (US), Huawei Technologies Co. Ltd (China), Samsung Electronics Co., Ltd (South Korea), IBM Corporation (US), and Micron Technology (US). Browse Complete Report @ https://www.marketresearchfuture.com/reports/artificial-intelligence-chipset-market-4987 Artificial Intelligence (AI) Chipset Market Research Report: By Component (Hardware {Processors [CPU, GPU, ASIC, FPGA], Memory and Network} and Software), By Technology (Machine Learning, Natural Language Processing, and others), Application (Smartphones, Smart Wearable, Robotics, Automobile, Security Systems, and Medical Imaging), By Vertical (Consumer Electronics, Automotive, Retail, IT & Telecommunication, Media & Entertainment, Healthcare, and BFSI) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact: Market Research Future +1 646 845 9312 Email: [email protected] |
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