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ENTERPRISE ARTIFICIAL INTELLIGENCE (AI) MARKET ANALYSIS

Enterprise Artificial Intelligence (AI) Market, By Deployment Type (Cloud and On-premise), By Technology (Machine Learning, Natural Language Processing, Image Processing, and Speech Recognition), By Organization Size (Large Enterprises, and SME’s), By Industry Vertical (Media & Advertising, BFSI, IT & Telecom, Retail, Healthcare, Automotive & Transportation, and Others), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Regional Analysis

Global Enterprise Artificial Intelligence (AI) Market: Regional Insights

The cities in North America and the federal agencies have deployed AI in law enforcement and border administration. Moreover, efficient cameras, surveillance drones, predictive policing, and financial fraud detection algorithms are the recent developments. Pertinent R&D in healthcare, autonomous vehicles, security and access control, and cyber security are expected to fuel the market growth. In addition, the increase in adoption of head-up display screens in smart wearables, luxury cars, and growth in venture capital investments boost the adoption of AI solutions. Moreover, the advancements in sensory technologies, growth in analysis of large internet-enabled data sets, and increase in applications of deep learning drive the market for artificial intelligence (AI) in North America. Whereas, the use of AI technology in classrooms and home is expected to significantly increase with the effective integration of face-to-face learning. In addition, numerous new startups are investing in AI technologies, which is anticipated to provide major growth opportunities for artificial intelligence (AI) in this region.

Figure 1: Global Enterprise Artificial Intelligence (AI) Market Share (%), By Region, 2022

  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa

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