Published on: October 11, 2021

Artificial Intelligence Market by Components and Geography - Forecast and Analysis 2021-2025 Market Analysis

The Artificial Intelligence Market, categorized under the application software industry that was valued at $301.04 billion in 2020, will register steady growth during 2021-2025.

The Growing focus on reducing the workload of radiologists will be a key factor driving market growth.

Microsoft Corp., NVIDIA, IBM, Intel and GE Healthcare are some of the major Artificial Intelligence Market vendors.

Artificial Intelligence Market - Key Insights

This report provides a detail analysis of the market based on the Components (Software | Service) and geography (North America, Europe, APAC, Latin America and Middle East and Africa).

The country-level analysis provided by this Artificial Intelligence Market report also offers insights on the market’s growth in the key countries the vendors should focus on.

Key Growth Influencers & Competitive Landscape

The market is quite competitive.

With favorable conditions for growth, the level of competition among companies will intensify further.

Growing focus on reducing the workload of radiologists will also influence market growth.

Additionally, key Artificial Intelligence Market trends, such as the Increasing demand for AI tools in the medical field will also influence its demand during the forecast period.

Reluctance among medical practitioners to adopt AI-based technologies will pose as a major challenge for vendors.

Some of the key Artificial Intelligence Market vendors covered in this report include:

Microsoft Corp.
NVIDIA
IBM
Intel
GE Healthcare

To increase their market share, the vendors have to increase their focus on the fast-growing segments while retaining their hold in the segment that will register slow growth.

With a detailed analysis of the competitive environment, the report will help companies identify growth opportunities and factors that will obstruct their market entry in different regions.

Covering key aspects including business expansions, collaborations and partnerships, and entry barriers for new players, this report will help vendors identify new growth opportunities and design strategies before venturing into new product and service segments. The report also provides details on market challenges that will restrict market growth.

Artificial Intelligence Market - Key Topics Covered in this Report

CAGR of the market during the forecast period 2021-2025

Current market size and the growth potential of the Artificial Intelligence Market

Analysis of the factors that will influence Artificial Intelligence Market industry growth

Accurate predictions on upcoming trends and changes in consumer behavior

Which region will see the highest demand for Artificial Intelligence Market?

Revenue forecast for individual segments and regions

Thorough analysis of the market’s competitive landscape

Competitor market share & their growth strategies

Entry barriers for new companies

Market-specific risks that will challenge vendor growth

Need a Regional, Service or Product-specific Analysis? We can customize this report to meet your requirements

Scope of the Report
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Parent Market	Application Software
Parent Market Size	$301.04 billion
By Components	Software \| Service
Regional analysis	North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA)
Companies profiled	Microsoft Corp., NVIDIA, IBM, Intel and GE Healthcare
Top Market Trend	Growing focus on reducing the workload of radiologists \| Increasing demand for AI tools in the medical field
Report Benefits	Market trends analysis, Competitor market share and strategies, Company profiling and competitive benchmarking, Growth opportunities in global and regional levels, Business implications of market risks and challenges,