Artificial Intelligence Market
                     Artificial Intelligence 
Market
Set to Exceed $54 Billion by 2026 | CAGR: 55.9%
“Artificial Intelligence Market [By Technology (Machine 
Learning, Natural Language Processing, Speech 
Recognition, Image Processing); By End-use Verticals (BFSI, 
Transportation & Automotive, Healthcare, Retail, 
Manufacturing, Media & Advertising, Others); By Regions]: 
Market Size & Forecast, 2017 – 2026”
Artificial Intelligence Market Estimate & Forecast to 2026
According to a new study published by Polaris Market Research the global 
artificial intelligence market is anticipated to reach USD 54 billion by 2026. The 
advancements of robots and the rise in their deployment rate particularly, in the developing 
economies globally have had a positive impact on the global artificial intelligence market. 
Augmented customer experience, expanded application areas, enhanced productivity, and 
big data integration has highly propelled artificial intelligence market worldwide. Although, 
absence of adequate skilled workforce as well as threat to human dignity are some of the 
factors that could affect the growth of the market. However, these factors are expected to 
have minimal impact on the market attributed to the introduction of advanced technologies.
 
An extraordinary increase in productivity has been achieved with machine-learning. For 
instance, Google, with the help of its experimental driverless technology has transformed 
cars including, Toyota Prius. Integration of various tools by artificial intelligence has helped 
in the transformation of business management. These tools include brand purchase 
advertising, workflow management tools, trend predictions among others. For example, the 
Google’s voice accuracy technology has 98% of accuracy rate. Furthermore, Facebook’s 
DeepFace technology has a success rate of approximately 97% in recognizing faces. Such 
accuracy in technologies is further anticipated to bolster the market growth during the 
forecast period.
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Artificial Intelligence Market Estimate & Forecast to 2026
North America dominates the global artificial intelligence market attributed to the high 
government funding availability, existence of prominent artificial intelligence providers in 
the region, and robust technical adoption base. Also, the region is expected to continue its 
dominance during the forecast period. Moreover, the adoption of cloud-based services in 
key economies, such as the US and Canada, is considerably adding to the market growth in 
the North American region. The markets in Asia Pacific, MEA and South America region are 
expected to notice a high growth during the coming years. The growth in Asia Pacific region 
is attributed to the increasing demand for artificial technologies by the developing 
economies. Thus, the region is anticipated to grow at the highest CAGR during the forecast 
period.
Access Research Report On Artificial Intelligence Market
 
Key Findings from the study suggest North America is expected to command the market 
over the forecast years. APAC is presumed to be the fastest growing market, developing at a 
CAGR of more than 65% over the forecast period. The artificial intelligence market is 
presumed to develop at a CAGR of over 55.9% from 2018 to 2026. 
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Artificial Intelligence Market Size – By Application
Speck to Analy
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About Us
Polaris Market Research is a global market research and consulting company. The company 
specializes in providing exceptional market intelligence and in-depth business research services 
for our clientele spread across different enterprises. We at Polaris are obliged to e present across 
the industries of healthcare, technology, semi-conductors and chemicals among various other 
industries present around the world. 
We strive to provide our customers with updated information on innovative technologies, high 
growth markets, emerging business environments and latest business-centric applications, 
thereby helping them always to make informed decisions and leverage new opportunities. Adept 
with a highly competent, experienced and extremely qualified team of experts comprising SMEs, 
analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our 
customers.
 
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