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
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