Emerging Trends in the Artificial Intelligence Industry

We at Lucintel are glad to announce the launch of a new research report on the artificial intelligence market entitled “Growth Opportunities in the Global Artificial Intelligence Industry.”

According to our research in this market report, the global artificial intelligence market is expected to reach an estimated $71 billion by 2024 with a CAGR of 26% from 2019 to 2024. There are some interesting new developments in the global artificial intelligence market as competition intensifies and players try to increase their market share. Some of the emerging trends shaping market dynamics include growing adoption of artificial intelligence in IoT applications and increasing demand for AI-enabled processors.

In the artificial intelligence market, healthcare, security, retail, automotive, manufacturing, and financial technology (fintech) sectors are some of the major segments of artificial intelligence. On the basis of comprehensive research, Lucintel forecasts that the machine learning technology will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to increasing adoption of this technology in the autonomous applications and growing consumer preference for IoT-enabled devices.

This market report on artificial intelligence answers following key questions about the market:

Q.1. What are some of the most promising, high-growth opportunities in the global artificial intelligence market by segment and region?

Q.2. Which segments in the artificial intelligence market will grow at a faster pace and why?

Q.3. What are the business risks and competitive threats in artificial intelligence market?

Q.4. What are emerging trends in artificial intelligence market and reasons behind them?

Q.5. What are some of the changing demands and needs of customers in the artificial intelligence industry?

Did you know that you can ask our analysts questions about this market?

Simply click on the link below:


You can also download research content by clicking:


You can also get sample pages by clicking:


Lucintel has over one thousand customers worldwide and provides strategic growth consulting, competitive assessment, and M&A support worldwide. Please share your brief project needs by clicking below and we will be glad to support your needs:


This entry was posted in Technology & Telecommunication Reports. Bookmark the permalink.

Comments are closed.