Commercial Artificial Intelligence Market Size, Share, Trends, Growth and Forecast 2032
Commercial Artificial Intelligence Market - By Technology (Machine Learning, Deep Learning, and Natural Language Processing), By End-Use (Retail, Electronics, BFSI, Food & Beverages, Logistics, and Fashion), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 1.93 Billion | USD 36.99 Billion | 34.4% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Commercial Artificial Intelligence Market, 2016–2026 (USD Billion)
- 2.2. Commercial Artificial Intelligence Market: Snapshot
- Chapter 3. Global Commercial Artificial Intelligence Market– Industry Analysis
- 3.1. Commercial Artificial Intelligence Market: Market Dynamics
- 3.2. Market Drivers
- 3.3. Growing use of AI in commercial applications due to its ability to provide public security and smart governance facility will pruliferate the expansion of commercial artificial intelligence industry over the assessment period.
- 3.4. Large-scale use of AI in retail, education, electric utility, healthcare, and production sectors will drive the expansion of commercial artificial intelligence industry over the assessment period.
- 3.5. Porter’s Five Forces Analysis
- 3.6. Market Attractiveness Analysis
- 3.6.1. Market attractiveness analysis By End-Use
- 3.6.2. Market attractiveness analysis By Technology
- Chapter 4. Global Commercial Artificial Intelligence Market– Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Commercial Artificial Intelligence Market: company market share, 2018
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Technology launches
- 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Commercial Artificial Intelligence Market– End-Use Analysis
- 5.1. Global Commercial Artificial Intelligence Market overview: By End-Use
- 5.1.1. Global Commercial Artificial Intelligence Market share, By End-Use , 2019 and 2026
- 5.2. Retail
- 5.2.1. Global Commercial Artificial Intelligence Market By Retail, 2016–2026 (USD Billion)
- 5.3. Electronics
- 5.3.1. Global Commercial Artificial Intelligence Market By Electronics, 2016–2026 (USD Billion)
- 5.4. BFSI
- 5.4.1. Global Commercial Artificial Intelligence Market By BFSI, 2016–2026 (USD Billion)
- 5.5. Food & Beverages
- 5.5.1. Global Commercial Artificial Intelligence Market By Food & Beverages, 2016–2026 (USD Billion)
- 5.6. Logistics
- 5.6.1. Global Commercial Artificial Intelligence Market By Logistics, 2016–2026 (USD Billion)
- 5.7. Fashion
- 5.7.1. Global Commercial Artificial Intelligence Market By Fashion, 2016–2026 (USD Billion)
- 5.1. Global Commercial Artificial Intelligence Market overview: By End-Use
- Chapter 6. Global Commercial Artificial Intelligence Market– Technology Analysis
- 6.1. Global Commercial Artificial Intelligence Market overview: By Technology
- 6.1.1. Global Commercial Artificial Intelligence Market share, By Technology, 2019 and 2026
- 6.2. Machine Learning
- 6.2.1. Global Commercial Artificial Intelligence Market By Machine Learning , 2016–2026 (USD Billion)
- 6.3. Deep Learning
- 6.3.1. Global Commercial Artificial Intelligence Market By Deep Learning, 2016–2026 (USD Billion)
- 6.4. Natural Language Processing
- 6.4.1. Global Commercial Artificial Intelligence Market By Natural Language Processing, 2016–2026 (USD Billion)
- 6.1. Global Commercial Artificial Intelligence Market overview: By Technology
- Chapter 7. Company Profiles
- 7.1. NVIDIA
- 7.1.1. Overview
- 7.1.2. Financials
- 7.1.3. Technology Portfolio
- 7.1.4. Business Strategy
- 7.1.5. Recent Developments
- 7.2. Siemens
- 7.2.1. Overview
- 7.2.2. Financials
- 7.2.3. Technology Portfolio
- 7.2.4. Business Strategy
- 7.2.5. Recent Developments
- 7.3. Intel
- 7.3.1. Overview
- 7.3.2. Financials
- 7.3.3. Technology Portfolio
- 7.3.4. Business Strategy
- 7.3.5. Recent Developments
- 7.4. General Vision
- 7.4.1. Overview
- 7.4.2. Financials
- 7.4.3. Technology Portfolio
- 7.4.4. Business Strategy
- 7.4.5. Recent Developments
- 7.5. IBM
- 7.5.1. Overview
- 7.5.2. Financials
- 7.5.3. Technology Portfolio
- 7.5.4. Business Strategy
- 7.5.5. Recent Development
- 7.6. Google
- 7.6.1. Overview
- 7.6.2. Financials
- 7.6.3. Technology Portfolio
- 7.6.4. Business Strategy
- 7.6.5. Recent Development
- 7.7. AWS
- 7.7.1. Overview
- 7.7.2. Financials
- 7.7.3. Technology Portfolio
- 7.7.4. Business Strategy
- 7.7.5. Recent Development
- 7.8. Microsoft Corporation
- 7.8.1. Overview
- 7.8.2. Financials
- 7.8.3. Technology Portfolio
- 7.8.4. Business Strategy
- 7.8.5. Recent Development
- 7.9. GE
- 7.9.1. Overview
- 7.9.2. Financials
- 7.9.3. Technology Portfolio
- 7.9.4. Business Strategy
- 7.9.5. Recent Development
- 7.10. Mitsubishi Electric
- 7.10.1. Overview
- 7.10.2. Financials
- 7.10.3. Technology Portfolio
- 7.10.4. Business Strategy
- 7.10.5. Recent Development
- 7.1. NVIDIA
Table Of Figures
List of Figures
1. Market research process
2. Market research methodology
3. Global Commercial Artificial Intelligence Market, 2016–2026 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global Commercial Artificial Intelligence Market attractiveness, By End-Use
6. Global Commercial Artificial Intelligence Market attractiveness, By Technology
7. Global Commercial Artificial Intelligence Market Share by End-Use ,2019 and 2026 (USD Billion)
8. Global Commercial Artificial Intelligence Market by Retail ,2016–2026 (USD Billion)
9. Global Commercial Artificial Intelligence Market by Electronics,2016–2026 (USD Billion)
10. Global Commercial Artificial Intelligence Market by BFSI,2016–2026 (USD Billion)
11. Global Commercial Artificial Intelligence Market by Food & Beverages, 2016–2026 (USD Billion)
12. Global Commercial Artificial Intelligence Market by Logistics, 2016–2026 (USD Billion)
13. Global Commercial Artificial Intelligence Market by Fashion,2016–2026 (USD Billion)
14. Global Commercial Artificial Intelligence Market Share by Technology ,2019 and 2026 (USD Billion)
15. Global Commercial Artificial Intelligence Market by Machine Learning , and,2016–2026 (USD Billion)
16. Global Commercial Artificial Intelligence Market by Deep Learning,2016–2026 (USD Billion)
17. Global Commercial Artificial Intelligence Market by Natural Language Processing,2016–2026 (USD Billion)
18. Global Commercial Artificial Intelligence Market share, by Region, 2019 and 2026
19. North America Commercial Artificial Intelligence Market, 2016–2026 (USD Billion)
20. Europe Commercial Artificial Intelligence Market, 2016–2026 (USD Billion)
21. Asia Pacific Commercial Artificial Intelligence Market, 2016–2026 (USD Billion)
22. Latin America Commercial Artificial Intelligence Market, 2016–2026 (USD Billion)
23. The Middle East and Africa Commercial Artificial Intelligence Market, 2016–2026 (USD Billion)
Table Of Tables
List of Tables
1. Global Commercial Artificial Intelligence Market: snapshot
2. Drivers of the Commercial Artificial Intelligence Market: impact analysis
3. North America Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
4. North America Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
5. The U.S. Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
6. The U.S. Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
7. Rest of North America Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
8. Rest of North America Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
9. Europe Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
10. Europe Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
11. UK Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
12. UK Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
13. France Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
14. France Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
15. Germany Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
16. Germany Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
17. Rest of Europe Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
18. Rest of Europe Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
19. Asia Pacific Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
20. Asia Pacific Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
21. China Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
22. China Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
23. Japan Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
24. Japan Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
25. India Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
26. India Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
27. Rest of Asia Pacific Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
28. Rest of Asia Pacific Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
29. Latin America Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
30. Latin America Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
31. Brazil Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
32. Brazil Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
33. Rest of Latin America Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
34. Rest of Latin America Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
35. The Middle East and Africa Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
36. The Middle East and Africa Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
37. Saudi Arabia Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
38. Saudi Arabia Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
39. South Africa Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
40. South Africa Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
41. Rest of the Middle East & Africa Commercial Artificial Intelligence Market revenue, By End-Use, 2016–2026 (USD Billion)
42. Rest of the Middle East & Africa Commercial Artificial Intelligence Market revenue, By Technology, 2016–2026 (USD Billion)
Methodology
FrequentlyAsked Questions
The growth of commercial AI industry over the assessment period is owing to massive demand for AI tools in merchandising, CRM, supply chain activities, analysis of fake reviews, and virtual personal assistants. In addition to this, AI also finds large-scale utilization in web search operations, marketing operations, financial trading business, and self-driven vehicles. AI is also used in improving the computing power and this will further steer the business growth over the assessment period. Growing use of AI in commercial applications due to its ability to provide public security and smart governance facility will proliferate the expansion of commercial artificial intelligence industry over the assessment period. Large-scale use of AI in retail, education, electric utility, healthcare, and production sectors will drive the expansion of commercial artificial intelligence industry over the assessment period.
Furthermore, the use of AI in myriad commercial applications such as high tech & telecommunications, automotive, financial services, consumer packaged goods, media & entertainment, and resource & utilities will proliferate the business growth. AI spurs consumer engagement services and prompts smart supply chain activities in commercial sector, thereby driving commercial artificial intelligence market trends.
Commercial Artificial Intelligence Market size is set to expand from $ 1.93 Billion in 2023 to $ 36.99 Billion by 2032, CAGR of around 34.4% from 2024 to 2032.
Asia Pacific is likely to make noteworthy contributions towards overall market revenue. The growth of the industry in the sub-continent over the estimated timespan is attributed to large number of investments in AI tools for its use in research institutes, universities, computing, and various firms in the countries such as China. Large-scale acceptance of AI in various commercial applications and access to advanced IT infrastructure in countries like Japan, Singapore, China, and Taiwan will steer the regional market trends over the upcoming years. Humungous investment in AI technology as well as large number of start-ups focusing on massive use of AI for their core businesses will drive the expansion of commercial artificial intelligence market in China over the forecast period. This, in turn, will drive the expansion of the commercial artificial intelligence industry in Asia Pacific over the assessment period.
The key players profiled in the report include are NVIDIA, Siemens, Intel, General Vision, IBM, Google, AWS, Microsoft Corporation, GE, and Mitsubishi Electric.
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