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Sep 26, 2019 11:00 AM ET

India Artificial Intelligence (AI) Market (2019-2025)-Pheonix Research


India Artificial Intelligence (AI) Market (2019-2025)-Pheonix Research

iCrowd Newswire - Sep 26, 2019

India Artificial Intelligence (AI) Market (2019-2025): Market Forecast By Offering (Hardware, Software, Services), By Technology (Machine Learning, Natural Language Processing, Context-Aware Computing, Image Processing), By End User (Media & Advertising, BFSI, IT & Telecom, Retail, Healthcare, Automotive & Transportation and Others)

 

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According to Phoenix Research, India Artificial Intelligence market size is anticipated to register growth during 2019-25. Growing adoption of cloud-based services, as well as increasing demand for intelligent virtual assistants, would be major factors responsible for the growth of artificial intelligence countrywide. Moreover, increasing penetration in artificial intelligence in several industries such as manufacturing, security, human resource, automotive and others would further positively influence market growth.

In the overall India Artificial Intelligence market share, the southern region has captured major pie in 2018 and are expected to lead throughout the forecast period. Further, increasing government spending on research and development of AI based technological advancements would fuel market growth over the coming years.

On the basis of technology, the market can be broadly classified into Machine Learning, Natural Language Processing, Context-Aware Computing and Image Processing. Machine learning segment captured major revenue share in 2018 and is expected to continue lead over the coming years due to rise in artificial intelligence solutions across various verticals in the industry.

The India Artificial Intelligence market report thoroughly covers the market by offerings, technology, end user and regions. The India Artificial Intelligence market outlook report provides an unbiased and detailed analysis of the on-going India Artificial Intelligence market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

 

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Markets Covered
The India Artificial Intelligence Market report provides a detailed analysis of the following market segments:
• By Offerings:
   o Hardware
   o Software
   o Services

• By Technology:
   o Machine Learning
   o Natural Language Processing
   o Context-Aware Computing
   o Image Processing

• By End User:
   o Media & Advertising
   o BSFI
   o IT & Telecom Sector
   o Retail
   o Healthcare
   o Automotive & Transportation
   o Others

Regions Covered:

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Keywords:    india artificial intelligence market, india ai market, pheonix research, india ai market share

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