Global Artificial Intelligence Software Market Growth (Status and Outlook) 2023-2029

Global Artificial Intelligence Software Market Growth (Status and Outlook) 2023-2029

Artificial intelligence (AI, also machine intelligence, MI) is intelligence displayed by machines, in contrast with the natural intelligence (NI) displayed by humans and other animals. Artificial intelligence software is Software that is capable of intelligent behavior. In creating intelligent software, this involves simulating a number of capabilities, including reasoning, learning, problem solving, perception, and knowledge representation.
LPI (LP Information)' newest research report, the “Artificial Intelligence Software Industry Forecast” looks at past sales and reviews total world Artificial Intelligence Software sales in 2022, providing a comprehensive analysis by region and market sector of projected Artificial Intelligence Software sales for 2023 through 2029. With Artificial Intelligence Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Artificial Intelligence Software industry.
This Insight Report provides a comprehensive analysis of the global Artificial Intelligence Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Artificial Intelligence Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Artificial Intelligence Software market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Artificial Intelligence Software and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Artificial Intelligence Software.
The global Artificial Intelligence Software market size is projected to grow from US$ 12330 million in 2022 to US$ 58440 million in 2029; it is expected to grow at a CAGR of 24.9% from 2023 to 2029.
Global Artificial Intelligence Software key players include IBM, Google, Megvii Technology, Wipro, etc. Global top four manufacturers hold a share about 65%.
China is the largest market, with a share over 25%, followed by United States, and Europe, both have a share over 45 percent.
In terms of product, On-Premise is the largest segment, with a share nearly 85%. And in terms of application, the largest application is Text Processing, followed by Voice Processing, Image Processing.
This report presents a comprehensive overview, market shares, and growth opportunities of Artificial Intelligence Software market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
On-Premise
Cloud-based
Segmentation by application
Voice Processing
Text Processing
Image Processing
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Google
Baidu
IBM
Microsoft
SAP
Intel
Salesforce
Brighterion
KITT.AI
IFlyTek
Megvii Technology
Albert Technologies
H2O.ai
Brainasoft
Yseop
Ipsoft
NanoRep(LogMeIn)
Ada Support
Astute Solutions
IDEAL.com
Wipro

Please note: The report will take approximately 2 business days to prepare and deliver.