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Report
North America Artificial Intelligence Market Forecast 2019-2027
Market Report I 0000-00-00 I 204 Pages I Inkwood Research
KEY FINDINGS
North America has witnessed an increasing number of AI application along with the growing adoption of AI to improve customer service in the past few years. Over the forecast period of 2019-2027, the North American market for Artificial Intelligence is anticipated to register a CAGR of 40.82%.
MARKET INSIGHTS
The Artificial Intelligence market based on North America have been determined to have the economic contribution of the United States and Canada essentially. The regional market's growth is being propelled by rising establishment of startups working towards the development and innovation of artificial intelligence along with substantial investments made by the federal governments. Also, several tech companies who already have an established base in this region are increasingly diving into this market. Canada is fast becoming a power base for the development and innovation of artificial intelligence in the North American region.
COMPETITIVE INSIGHTS
Apple Inc., Shell Oil Company, Uber Technologies Inc., Google Inc., Microsoft Corporation, Sizmek Inc., [24]7.AI, Inc., Next IT Corporation (Acquired By Verint), GE Healthcare, Microstrategy Inc., NVIDIA Corporation, International Business Machines Corporation (IBM) Corporation, Ipsoft Incorporated, Intel Corporation, and Qlik Technologies are some of the multinational companies that have established a strong foothold in the North American market.
1. RESEARCH SCOPE
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY & FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP-DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
3.2.1. NORTH AMERICA HOLDS THE LARGEST REVENUE CHUNK OF OVERALL MARKET
3.2.2. GROWING NUMBER OF STARTUPS IN AI MARKET
3.2.3. MACHINE LEARNING IS DOMINANT TECHNOLOGY
3.2.4. AUTOMOTIVE & TRANSPORTATION - KEY OPPORTUNISTIC VERTICAL
4. MARKET DYNAMICS
4.1. MARKET DEFINITION & SCOPE
4.2. MARKET DRIVERS
4.2.1. RISING FUNDING & INVESTMENT IN AI TECHNOLOGY
4.2.2. INCREASED ADOPTION OF AI FOR IMPROVING CUSTOMER SERVICE EXPERIENCE
4.2.3. INTEGRATION OF BIG DATA WITH ARTIFICIAL INTELLIGENCE & MACHINE LEARNING
4.2.4. AI DRIVEN IMPROVEMENTS IS THE NEW TREND OF ENHANCING PRODUCTIVITY
4.3. MARKET RESTRAINTS
4.3.1. LOW RETURN ON INVESTMENT
4.3.2. COSTS ASSOCIATED WITH AI
4.4. MARKET OPPORTUNITIES
4.4.1. GROWING ROBOTIZATION ACROSS NUMEROUS VERTICALS
4.4.2. INCORPORATION OF AI WITH HUMAN INTELLIGENCE
4.4.3. INCREASED USE OF AI IN RESEARCH & DEVELOPMENT
4.5. MARKET CHALLENGES
4.5.1. LACK OF SKILLED WORKFORCE
4.5.2. VULNERABLE TO HARDWARE & SOFTWARE FAILURES
5. MARKET BY OFFERINGS
5.1. HARDWARE
5.2. SOFTWARE
5.3. SERVICES
6. MARKET BY SYSTEM
6.1. INTELLIGENCE SYSTEMS
6.2. DECISION SUPPORT PROCESSING
6.3. HYBRID SYSTEMS
6.4. FUZZY SYSTEMS
7. MARKET BY TECHNOLOGY
7.1. MACHINE LEARNING
7.2. ROBOTICS
7.3. IMAGE PROCESSING
7.4. SPEECH RECOGNITION
7.5. NATURAL LANGUAGE PROCESSING
7.6. COGNITIVE COMPUTING (OTHER TECHNOLOGY)
8. MARKET BY VERTICALS
8.1. TECHNOLOGY & TELECOMMUNICATIONS
8.2. BANKING, FINANCIAL SERVICE & INSURANCE
8.3. RETAIL
8.4. MEDIA & ENTERTAINMENT
8.5. AUTOMOTIVE & TRANSPORTATION
8.6. AGRICULTURE
8.7. RESOURCES & UTILITIES
8.8. MANUFACTURING
8.9. HEALTHCARE
8.10. EDUCATION
8.11. OTHER VERTICALS
9. KEY ANALYTICS
9.1. PORTER'S FIVE FORCE ANALYSIS
9.1.1. THREAT OF NEW ENTRANTS
9.1.2. THREAT OF SUBSTITUTE
9.1.3. BARGAINING POWER OF SUPPLIERS
9.1.4. BARGAINING POWER OF BUYERS
9.1.5. INTENSITY OF COMPETITIVE RIVALRY
9.2. OPPORTUNITY MATRIX
9.3. VENDOR LANDSCAPE
9.4. KEY BUYING CRITERIA
9.4.1. APPLICATION
9.4.2. TECHNOLOGY
9.4.3. INTEGRATION WITH EXISTING INFRASTRUCTURE
9.5. VALUE CHAIN ANALYSIS
9.5.1. DATA WAREHOUSE
9.5.2. ARTIFICIAL INTELLIGENCE ANALYSIS
9.5.3. SOFTWARE DEVELOPMENT
10. GEOGRAPHICAL ANALYSIS - NORTH AMERICA
10.1. UNITED STATES
10.2. CANADA
11. COMPETITIVE LANDSCAPE
11.1. CORPORATE STRATEGIES
11.1.1. PRODUCT LAUNCH
11.1.2. PARTNERSHIP & COLLABORATION
11.1.3. MERGER & ACQUISITION
11.1.4. INVESTMENTS
11.1.5. BUSINESS EXPANSION
11.1.6. JOINT VENTURES
11.2. COMPANY PROFILES
11.2.1. [24]7.AI, INC.
11.2.2. APPLE INC.
11.2.3. GE HEALTHCARE
11.2.4. GOOGLE INC.
11.2.5. INTEL CORPORATION
11.2.6. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) CORPORATION
11.2.7. IPSOFT INCORPORATED
11.2.8. MICROSOFT CORPORATION
11.2.9. MICROSTRATEGY INC.
11.2.10. NEXT IT CORPORATION (ACQUIRED BY VERINT)
11.2.11. NVIDIA CORPORATION
11.2.12. QLIK TECHNOLOGIES
11.2.13. SHELL OIL COMPANY
11.2.14. SIZMEK INC.
11.2.15. UBER TECHNOLOGIES INC.
LIST OF TABLES
TABLE 1: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: STARTUPS IN ARTIFICIAL INTELLIGENCE MARKET
TABLE 3: IMPROVED CUSTOMER EXPERIENCE DUE TO ADOPTION OF AI ACROSS DIFFERENT VERTICALS
TABLE 4: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY OFFERINGS, 2019-2027 (IN $ MILLION)
TABLE 5: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY SYSTEM, 2019-2027 (IN $ MILLION)
TABLE 6: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)
TABLE 7: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY VERTICALS, 2019-2027 (IN $ MILLION)
TABLE 8: OPPORTUNITY MATRIX
TABLE 9: VENDOR LANDSCAPE
TABLE 10: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 11: LIST OF PRODUCT LAUNCH
TABLE 12: LIST OF PARTNERSHIP & COLLABORATION
TABLE 13: LIST OF MERGER & ACQUISITION
TABLE 14: LIST OF INVESTMENTS
TABLE 15: LIST OF BUSINESS EXPANSIONS
TABLE 16: LIST OF JOINT VENTURES
LIST OF FIGURES
FIGURE 1: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY VERTICALS, 2018 & 2027 (IN %)
FIGURE 2: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 3: REVENUE GENERATED BY MACHINE LEARNING TECHNOLOGY IN ARTIFICIAL INTELLIGENCE MARKET, 2018 & 2027 (IN $ MILLION)
FIGURE 4: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY HARDWARE, 2019-2027 (IN $ MILLION)
FIGURE 5: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)
FIGURE 6: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY SERVICES, 2019-2027 (IN $ MILLION)
FIGURE 7: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY INTELLIGENCE SYSTEMS, 2019-2027 (IN $ MILLION)
FIGURE 8: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY DECISION SUPPORT PROCESSING, 2019-2027 (IN $ MILLION)
FIGURE 9: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY HYBRID SYSTEMS, 2019-2027 (IN $ MILLION)
FIGURE 10: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY FUZZY SYSTEMS, 2019-2027 (IN $ MILLION)
FIGURE 11: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY MACHINE LEARNING, 2019-2027 (IN $ MILLION)
FIGURE 12: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY ROBOTICS, 2019-2027 (IN $ MILLION)
FIGURE 13: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY IMAGE PROCESSING, 2019-2027 (IN $ MILLION)
FIGURE 14: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY SPEECH RECOGNITION, 2019-2027 (IN $ MILLION)
FIGURE 15: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY NATURAL LANGUAGE PROCESSING, 2019-2027 (IN $ MILLION)
FIGURE 16: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY COGNITIVE COMPUTING (OTHER TECHNOLOGY), 2019-2027 (IN $ MILLION)
FIGURE 17: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY & TELECOMMUNICATIONS, 2019-2027 (IN $ MILLION)
FIGURE 18: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY BANKING, FINANCIAL SERVICE & INSURANCE, 2019-2027 (IN $ MILLION)
FIGURE 19: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)
FIGURE 20: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY MEDIA & ENTERTAINMENT, 2019-2027 (IN $ MILLION)
FIGURE 21: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2019-2027 (IN $ MILLION)
FIGURE 22: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY AGRICULTURE, 2019-2027 (IN $ MILLION)
FIGURE 23: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY RESOURCES & UTILITIES, 2019-2027 (IN $ MILLION)
FIGURE 24: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY MANUFACTURING, 2019-2027 (IN $ MILLION)
FIGURE 25: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)
FIGURE 26: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY EDUCATION, 2019-2027 (IN $ MILLION)
FIGURE 27: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY OTHER VERTICALS, 2019-2027 (IN $ MILLION)
FIGURE 28: PORTER'S FIVE FORCE ANALYSIS
FIGURE 29: KEY BUYING IMPACT ANALYSIS
FIGURE 30: VALUE CHAIN ANALYSIS
FIGURE 31: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 32: UNITED STATES ARTIFICIAL INTELLIGENCE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 33: CANADA ARTIFICIAL INTELLIGENCE MARKET, 2019-2027 (IN $ MILLION)
LIST OF TABLES
TABLE 1: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: STARTUPS IN ARTIFICIAL INTELLIGENCE MARKET
TABLE 3: IMPROVED CUSTOMER EXPERIENCE DUE TO ADOPTION OF AI ACROSS DIFFERENT VERTICALS
TABLE 4: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY OFFERINGS, 2019-2027 (IN $ MILLION)
TABLE 5: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY SYSTEM, 2019-2027 (IN $ MILLION)
TABLE 6: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)
TABLE 7: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY VERTICALS, 2019-2027 (IN $ MILLION)
TABLE 8: OPPORTUNITY MATRIX
TABLE 9: VENDOR LANDSCAPE
TABLE 10: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 11: LIST OF PRODUCT LAUNCH
TABLE 12: LIST OF PARTNERSHIP & COLLABORATION
TABLE 13: LIST OF MERGER & ACQUISITION
TABLE 14: LIST OF INVESTMENTS
TABLE 15: LIST OF BUSINESS EXPANSIONS
TABLE 16: LIST OF JOINT VENTURES
LIST OF FIGURES
FIGURE 1: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY VERTICALS, 2018 & 2027 (IN %)
FIGURE 2: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 3: REVENUE GENERATED BY MACHINE LEARNING TECHNOLOGY IN ARTIFICIAL INTELLIGENCE MARKET, 2018 & 2027 (IN $ MILLION)
FIGURE 4: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY HARDWARE, 2019-2027 (IN $ MILLION)
FIGURE 5: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)
FIGURE 6: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY SERVICES, 2019-2027 (IN $ MILLION)
FIGURE 7: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY INTELLIGENCE SYSTEMS, 2019-2027 (IN $ MILLION)
FIGURE 8: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY DECISION SUPPORT PROCESSING, 2019-2027 (IN $ MILLION)
FIGURE 9: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY HYBRID SYSTEMS, 2019-2027 (IN $ MILLION)
FIGURE 10: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY FUZZY SYSTEMS, 2019-2027 (IN $ MILLION)
FIGURE 11: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY MACHINE LEARNING, 2019-2027 (IN $ MILLION)
FIGURE 12: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY ROBOTICS, 2019-2027 (IN $ MILLION)
FIGURE 13: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY IMAGE PROCESSING, 2019-2027 (IN $ MILLION)
FIGURE 14: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY SPEECH RECOGNITION, 2019-2027 (IN $ MILLION)
FIGURE 15: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY NATURAL LANGUAGE PROCESSING, 2019-2027 (IN $ MILLION)
FIGURE 16: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY COGNITIVE COMPUTING (OTHER TECHNOLOGY), 2019-2027 (IN $ MILLION)
FIGURE 17: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY & TELECOMMUNICATIONS, 2019-2027 (IN $ MILLION)
FIGURE 18: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY BANKING, FINANCIAL SERVICE & INSURANCE, 2019-2027 (IN $ MILLION)
FIGURE 19: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)
FIGURE 20: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY MEDIA & ENTERTAINMENT, 2019-2027 (IN $ MILLION)
FIGURE 21: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2019-2027 (IN $ MILLION)
FIGURE 22: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY AGRICULTURE, 2019-2027 (IN $ MILLION)
FIGURE 23: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY RESOURCES & UTILITIES, 2019-2027 (IN $ MILLION)
FIGURE 24: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY MANUFACTURING, 2019-2027 (IN $ MILLION)
FIGURE 25: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)
FIGURE 26: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY EDUCATION, 2019-2027 (IN $ MILLION)
FIGURE 27: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, BY OTHER VERTICALS, 2019-2027 (IN $ MILLION)
FIGURE 28: PORTER'S FIVE FORCE ANALYSIS
FIGURE 29: KEY BUYING IMPACT ANALYSIS
FIGURE 30: VALUE CHAIN ANALYSIS
FIGURE 31: NORTH AMERICA ARTIFICIAL INTELLIGENCE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 32: UNITED STATES ARTIFICIAL INTELLIGENCE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 33: CANADA ARTIFICIAL INTELLIGENCE MARKET, 2019-2027 (IN $ MILLION)
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