Commercial Artificial Intelligence Market - Global Industry Analysis

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, 2020 – 2026

Published Date: 28-May-2021 Category: Technology & Media Report Format : PDF Pages: 145 Report Code: ZMR-6328 Status : Published

The global Commercial Artificial Intelligence market, which was estimated at about 2.5 (USD Billion) in 2019 and is predicted to accrue earnings worth 17 (USD Billion) by 2026, is set to record a CAGR of nearly over 42% during 2020-2026.

Description

The global Commercial Artificial Intelligence market, which was estimated at about 2.5 (USD Billion) in 2019 and is predicted to accrue earnings worth 17 (USD Billion) by 2026, is set to record a CAGR of nearly over 42% during 2020-2026.  The report offers valuation and analysis of Commercial Artificial Intelligence market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Commercial Artificial Intelligence Market: Synopsis

Commercial AI is termed as the utilization of artificial intelligence in various  kinds of commercial applications. Use of AI in commerce & trade as well as other businesses such as eCommerce, retail, food & beverages, fashion, and electronics will proliferate the expansion of commercial artificial intelligence industry over the assessment period. Escalating demand for AI tools in warehouse automation will create new growth avenues for commercial AI industry over the forecast period.

Commercial Artificial Intelligence Market: Growth Dynamics

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.

Global Commercial Artificial Intelligence Market

Asia Pacific To Account For Major Market Share By 2026

The growth of commercial artificial intelligence industry in Asia Pacific over the assessment period is owing 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.

Key players profiled in the report include NVIDIA, Siemens, Intel, General Vision, IBM, Google, AWS, Microsoft Corporation, GE, and Mitsubishi Electric.

The global Commercial Artificial Intelligence Market is segmented as follows:

By End-Use:

  • Retail
  • Electronics
  • BFSI
  • Food & Beverages
  • Logistics
  • Fashion

By Technology:

  • Machine Learning
  • Deep Learning
  • Natural Language Processing               

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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
  • 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)
  • 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)
  • 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

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)

 
 

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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.

According to Zion Market Research report, the global Commercial Artificial Intelligence market, which was estimated at about 2.5 (USD Billion) in 2019 and is predicted to accrue earnings worth 17 (USD Billion) by 2026, is set to record a CAGR of nearly over 42% during 2020-2026.   

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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