Uploaded on Feb 1, 2024
According to the latest research report by IMARC Group, The Europe artificial intelligence market size reached US$ 17.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 86.0 Billion by 2028, exhibiting a growth rate (CAGR) of 29% during 2023-2028. More Info:- https://www.imarcgroup.com/europe-artificial-intelligence-market
Europe Artificial Intelligence Market Growth, Demand and Challenges of the Key Industry Players 2023-28
Europe Artificial Intelligence Market Research and Forecast Report 2023-2028 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . Accord ing t o t he la tes t r epor t by IMARC Group, t i t l ed "Europe Ar t i f i c ia l In te l l igence Market : I ndust ry T rends , Share , S ize , Grow th , Oppor tun i ty and Forecast 2023-2028, " t he Europe ar t i f i c ia l i n te l l i gence marke t s i ze reached US$ 17 .5 B i l l i on in 2022. Report Ar t i f i c ia l i n te l l i gence (A I ) i s t he ab i l i t y o f a compu te r p rog ram or mach ine t o s imu la t e human in te l l i gence f o r m im ick ing t he i r t hought s and ac t ions . Some o f t he key cha rac t e r i s t i c s o f A I i nc lude learn ing , r eason ing , pe rcept ion , p rob lem- Highlight and so lv ing and language unders tand ing . W i t h the a id o f t hese fea tu res , A I - in tegra ted mach ines can execut e la rge vo lumes o f t asks . Description They a re a lso used to p rocess vas t amount s o f da ta , au tom at e repet i t i ve t asks and ach ieve accu ra t e resu l t s t h rough deep neura l ne t works . Consequent l y , mu l t ip le dev ices and equ ipmen t a re be ing i n teg ra ted w i t h A I t o m in im ize human er ro rs , t hereby improv ing speed , p rec is ion , and accu racy . Request fo r a PDF sample o f th is repor t : ht tps : / / www. imarcgroup .com/europe-a r t i f i c ia l - i n te l l i gence -marke t / r eques tsamp le Report Description Euro pe Ar t i f i c i a l I n t e l l i ge nce M ark e t T rend s : The m ar k e t i n Eu r ope is p r im ar i l y d r i v en by con s ide r a b le g r ow t h i n t he i n f o r m a t ion t echno logy ( I T ) s ec t o r . Th i s i s suppo r t e d by t h e w id esp r ead a dop t i o n o f d ig i t i za t i on ac r o ss nu m er o us sec t o r s t ha t u t i l i ze A I - i n t eg r a t ed sys t e m s f o r s t r ea m l in i ng t h e i r wo r k p r ocess and im pr o v ing ope r a t i ona l e f f i c i enc ie s . A l ong w i t h t h i s , t h e r e h as b een a r i s i ng de m an d f o r r e l i a b le c loud co m pu t ing i n f r a s t r uc t u r e s ac r oss t he r eg io n . C loud com pu t ing so lu t io ns a r e no w em p lo y ing A I t oo l s t o p r oc ess acc u r a t e r ea l - t im e da t a a nd im pr ove t h e o ve r a l l p r odu c t i v i t y , wh i ch , in t u r n , i s p r o v id ing a t h r u s t t o t he m ar k e t g r ow t h . The m a r ke t i s f u r t he r d r i ven b y t he u t i l i za t i on o f A I - ba sed a lgo r i t hm s a nd t oo l s by num e r ous on l in e p la t f o r m s . Th is enab le s t he m t o an a l yze la r ge am oun t s o f d a t a f o r ex t r ac t i n g spec i f i c i ns i gh t s t h a t a r e f u r t he r use d t o en hanc e cus t om e r enga gem en t . S om e o f t he o t he r f ac t o r s co n t r i b u t i ng t o t he m ar k e t g r ow t h i nc lude t he r i s i ng d em a nd f o r i n t e l l i gen t v i r t ua l ass i s t an t s , r a p id ex pans i on o f 5G in f r as t r u c t u r e , an d t he adv en t o f A I - powe r ed i ndus t r i a l and s u r g i c a l r o bo t s . Look i ng f o rw ard , t he mark e t i s an t i c i p a t ed t o g r ow a t a CAG R o f 29% dur i ng 2 023 - 2028 . V i ew Repo r t T O C, F i g ures and T ab l e s : h t t ps : / / w w w . i mar cgrou p . com / e urope - a r t i f i c i a l - i n t e l l i genc e - m arke t Breakup by Type: • Narrow/Weak Art ifi cia l Intel l igence • General /Strong Art ifi cial Intel l igence Breakup by Off ering: • Hardware • Software Report • Services Segmentation Breakup by Technology: • Machine Learning • Natural Language Processing • Context-Aware Computing • Computer Vision • Others Breakup by System: • Intel l igence Systems • Decis ion Support Processing • Hybrid Systems • Fuzzy Systems Report Breakup by End-Use Industry: Segmentation • Healthcare • Manufactur ing • Automot ive • Agr icul ture • Retai l • Secur i ty • Human Resources • Marketing • Financial Services • Transportation and Logist ics • Others Breakup by Country: Report • Germany Segmentation • France • United Kingdom • I ta ly • Spain • Others How has the Europe artificial intelligence market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the Europe artificial intelligence market? Key Questions What are the key regional markets? Answered in What is the breakup of the market based on the the Report type? What is the breakup of the market based on the offering? What is the breakup of the market based on the technology? What is the breakup of the market based on the system? What is the breakup of the market based on the end-use industry? What are the various stages in the value chain of Key the industry? Questions What are the key driving factors and challenges in the industry? Answered in What is the structure of the Europe artificial the Report intelligence market and who are the key players? What is the degree of competition in the industry? 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n 2 . 4 . 1 B o t t o m - U p A p p r o a c h Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n 4 . 1 O v e r v i e w Contents 4 . 2 K e y I n d u s t r y T r e n d s5 E u r o p e A r t i f i c i a l I n t e l l i g e n c e M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y T y p e 6 . 1 N a r r o w / W e a k A r t i f i c i a l I n t e l l i g e n c e 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 G e n e r a l / S t r o n g A r t i f i c i a l I n t e l l i g e n c e 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y O f f e r i n g 7 . 1 H a r d w a r e 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a r k e t F o r e c a s t 7 . 2 S o f t w a r e 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 2 M a r k e t F o r e c a s t 7 . 3 S e r v i c e s 7 . 3 . 1 M a r k e t T r e n d s 7 . 3 . 2 M a r k e t F o r e c a s t 8 M a r k e t B r e a k u p b y T e c h n o l o g y 8 . 1 M a c h i n e L e a r n i n g 8 . 1 . 1 M a r k e t T r e n d s Table of 8 . 1 . 2 M a r k e t F o r e c a s t 8 . 2 N a t u r a l L a n g u a g e P r o c e s s i n g 8 . 2 . 1 M a r k e t T r e n d s 8 . 2 . 2 M a r k e t F o r e c a s t Contents 8 . 3 C o n t e x t - A w a r e C o m p u t i n g 8 . 3 . 1 M a r k e t T r e n d s 8 . 3 . 2 M a r k e t F o r e c a s t 8 . 4 C o m p u t e r V i s i o n 8 . 4 . 1 M a r k e t T r e n d s 8 . 4 . 2 M a r k e t F o r e c a s t 8 . 5 O t h e r s 8 . 5 . 1 M a r k e t T r e n d s 8 . 5 . 2 M a r k e t F o r e c a s t 9 M a r k e t B r e a k u p b y S y s t e m 9 . 1 I n t e l l i g e n c e S y s t e m s 9 . 1 . 1 M a r k e t T r e n d s 9 . 1 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : ht t ps : / /w ww. i ma rc gro up . c o m /e uro p e -a r t i fi c i a l - i n t e l l i genc e -m a rke t / t o c Disclaimer © 2023 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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