Market Overview:
The global artificial intelligence system software market is expected to grow at a CAGR of 27.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for artificial intelligence system software in various applications such as voice processing, text processing, and image processing. In addition, the growing adoption of cloud-based deployment models is also contributing to the growth of this market. However, lack of skilled professionals is restraining the growth of this market.
Product Definition:
Artificial Intelligence System Software is a type of software that helps computers to perform tasks that normally require human intelligence, such as understanding natural language and recognizing objects.
On-Premise:
On-premise software is a type of software that is installed and used directly as the source code is being processed. The installation process involves various steps such as unpacking, compilation, and installation on the user system. On-premise solutions are developed using high-end technologies such as Artificial Intelligence (AI) to provide accurate results with an increased level of precision. These solutions are deployed in organizations for specific applications or processes rather than being made available to a broader audience.
Cloud-based:
Cloud-based AI software is a type of Software as a Service (SaaS) that provides an interface to access data on the cloud. It helps in storing large amounts of data on the remote server for easy accessibility and utilization. The artificial intelligence system software industry has witnessed significant growth over the past few years owing to several benefits such as scalability, flexibility, and cost-effectiveness offered by this technology.
Application Insights:
The image processing application segment led the market in 2017 and is projected to maintain its lead over the forecast period. This may be attributed to increasing demand for advanced image processing techniques, such as facial recognition, in smartphones and other digital devices. The text processing application segment is expected to witness considerable growth over the forecast period owing to rising demand for AI-enabled chatbots across various applications, including customer support services on social media platforms.
The voice processing application segment is also likely to witness significant growth over the next seven years due largelyto increased adoption of smart speakers like Amazon Echo and Google Home by consumers globally. These devices enable users with access to a wide range of information through internet search engines, music streaming services and others without having manually enter data or speaking directly into a device via microphone. Such trends are expected drive demand for AI system software in voiceprocessing applications across all regions consideredin this study together with North America during that time frame.
Regional Analysis:
The North American regional market accounted for the largest revenue share in 2017. The growth can be attributed to the presence of a large number of artificial intelligence companies and research institutes in the region, including Google, Inc., IBM Corporation, Microsoft Corporation, Numenta Ltd., and YCombinator. These companies are focusing on developing new AI-based technologies that would help businesses gain competitive advantage through enhanced customer experience.
Asia Pacific is expected to emerge as one of the most promising regions over the forecast period owing to increasing investments by prominent players such as Baidu Inc.; Alibaba Group; Tencent Holdings Limited; Amazon Web Services, Inc.; Google LLC; International Business Machines Corporation; and Facebook AI Research LLC among others. In addition these factors such as growing adoption of cloud computing services across various industries are anticipated to drive industry growth over this period. Furthermore availability of low-cost labor coupled with less stringent privacy laws has attracted many U.S.
Growth Factors:
- Increasing demand for AI-enabled devices: The global market for AI-enabled devices is expected to grow at a CAGR of more than 30% during the forecast period. This is mainly due to the increasing demand for smart homes, smart cities, and autonomous vehicles.
- Growing number of AI startups: The number of AI startups has been growing rapidly in recent years. This is because investors are now realizing the potential of AI and are investing heavily in this technology.
- Rising adoption of machine learning algorithms: Machine learning algorithms are being increasingly adopted by businesses to improve their operations and decision making processes.
- Proliferation of big data: Big data is providing a lot of opportunities for businesses to harness the power of artificial intelligence systems software . By analyzing large amounts of data, businesses can get valuable insights that can help them make better decisions and improve their performance..5
Scope Of The Report
Report Attributes
Report Details
Report Title
Artificial Intelligence System Software Market Research Report
By Type
On-Premise, Cloud-based
By Application
Voice Processing, Text Processing, Image Processing
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Artificial Intelligence System Software Market Report Segments:
The global Artificial Intelligence System Software market is segmented on the basis of:
Types
On-Premise, Cloud-based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Voice Processing, Text Processing, Image Processing
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Artificial Intelligence System Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-Premise
- Cloud-based
- By Application:
- Voice Processing
- Text Processing
- Image Processing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Artificial Intelligence System Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Artificial intelligence system software is a computer program that helps to make decisions based on data.
Some of the major companies in the artificial intelligence system software market are 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.
The artificial intelligence system software market is expected to register a CAGR of 27.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Artificial Intelligence System Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Artificial Intelligence System Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Artificial Intelligence System Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Artificial Intelligence System Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Artificial Intelligence System Software Market Size & Forecast, 2020-2028
4.5.1 Artificial Intelligence System Software Market Size and Y-o-Y Growth
4.5.2 Artificial Intelligence System Software Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 On-Premise
5.2.2 Cloud-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Voice Processing
6.2.2 Text Processing
6.2.3 Image Processing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Artificial Intelligence System Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Artificial Intelligence System Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 On-Premise
9.6.2 Cloud-based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Voice Processing
9.10.2 Text Processing
9.10.3 Image Processing
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 On-Premise
10.6.2 Cloud-based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Voice Processing
10.10.2 Text Processing
10.10.3 Image Processing
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 On-Premise
11.6.2 Cloud-based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Voice Processing
11.10.2 Text Processing
11.10.3 Image Processing
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 On-Premise
12.6.2 Cloud-based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Voice Processing
12.10.2 Text Processing
12.10.3 Image Processing
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 On-Premise
13.6.2 Cloud-based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Voice Processing
13.10.2 Text Processing
13.10.3 Image Processing
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Artificial Intelligence System Software Market: Competitive Dashboard
14.2 Global Artificial Intelligence System Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Google
14.3.2 Baidu
14.3.3 IBM
14.3.4 Microsoft
14.3.5 SAP
14.3.6 Intel
14.3.7 Salesforce
14.3.8 Brighterion
14.3.9 KITT.AI
14.3.10 IFlyTek
14.3.11 Megvii Technology
14.3.12 Albert Technologies
14.3.13 H2O.ai
14.3.14 Brainasoft
14.3.15 Yseop
14.3.16 Ipsoft
14.3.17 NanoRep(LogMeIn)
14.3.18 Ada Support
14.3.19 Astute Solutions
14.3.20 IDEAL.com
14.3.21 Wipro
