AI

[New] Technology such as data analytics, artificial intelligence, machine learning, blockchain and robotic process automation will be playing a greater role in the accounting profession in 2020.
[New] The AI in the manufacturing market is expected to be valued at USD 1.1 billion in 2020 and is likely to reach USD 16.7 billion by 2026; it is expected to grow at a CAGR of 57.2% during the forecast period.
[New] The global spending on AI (Artificial Intelligence) is expected to hit $97.9 billion by 2023, up from $37.5 billion in 2019.
[New] The global revenue for edge devices and edge networks deployed for AI will reach $827.6 billion by 2025, up from $127.5 billion in 2019, with revenue expanding at a compound annual growth rate of approximately 37%.
[New] The artificial intelligence (AI) chips market and it is poised to grow by USD 54.03 billion during 2020-2024, progressing at a CAGR of over 42% during the forecast period.
[New] Building advanced skills in areas such as artificial intelligence (AI) and data science will allow organizations to fully take advantage of the cloud and drive commercial success.
[New] Informatics and artificial intelligence (AI) solutions addressing workflow automation and operational analytics will witness 100% growth in 2020.
[New] Personalized learning will boom in 2020, thanks to the ability of artificial intelligence (AI) and machine learning to assess a learner's needs and offer customized learning content..
By 2030 the whole gross home product of the world will likely be 14% greater due to one factor: extra use of artificial intelligence or AI.
The global artificial intelligence in retail market is expected to grow at a CAGR of 34.4% from 2020 to reach $19.9 billion by 2027.
Augmenting human capabilities with artificial intelligence will create $2.9 trillion in business value and add 6.2 billion hours of worker productivity in 2021.
The Chinese government recently outspent the U.S. government 200-to - 1 in artificial intelligence, in keeping with China's plan to become the world leader in AI by 2030 (the U.S., meanwhile, has reduced science funding).
The cognitive computing market, including machine learning and AI systems, is expected to be worth USD 49.3 billion by 2025.
The global AI market revenue in the healthcare industry will grow at a CAGR of 25.4% between 2019 and 2025, with North America contributing the highest share.
Worldwide spending on AI will reach $57.6 billion by 2020 and 51% of organizations will make the change to AI with blockchain combination.
The Global Artificial Intelligence in Marketing Market is expected to grow from USD 5,939.98 Million in 2019 to USD 15,901.80 Million by the end of 2025 at a Compound Annual Growth Rate of 17.83%.
The adoption rate of ARTIFICIAL intelligence in important market segments such as smartphones, PCS / tablets, extended reality (XR), cars and the Internet of Things will increase from less than 10% last year to 100% by 2025.
Spending on AI systems is projected to reach $97.9 billion in 2023, bringing the compound annual growth rate for the 2018-2023 forecast period to 28.4%.
The market for AI tools used in healthcare is expected to exceed $34 billion by the mid 2020s.
Artificial intelligence in the retail market generated a revenue of $2306.8 million in 2018 and it is predicted to value at $23,426.3 million by 2026, surging at CAGR of 33.7%.
The Artificial Intelligence in Healthcare Market is expected to reach $1,139.2 million by 2022, growing at a CAGR of around 62.2% during the forecast period 2016-2022.
The full value of geospatial in the future knowledge economy is difficult to predict but its potential growth is seen in the Location Analytics and Business Intelligence market, where the market size is expected to double between 2018 and 2023.
The biggest advance will be the use of artificial intelligence to fight disinformation, deepfakes and the like.

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Last updated: 12 August 2020