Artificial Intelligence Engineering Market Drivers,Size, Share, Industry Growth, Trend, Challenges, Key Companies by 20

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Rapid adoption of automation in various sectors and increase in private investment for R&D of AI are some key factors driving market revenue growth

The global Artificial Intelligence (AI) engineering market size reached USD 8.05 Billion in 2020 and is expected to register a revenue CAGR of 41.2% during the forecast period, according to latest analysis by Emergen Research. Rapid adoption of automation in various sectors is expected to support market revenue growth during the forecast period. Moreover, increase in private investment for RD of AI is expected to boost market growth.

The Artificial Intelligence Engineering Market report offers a complete analysis of the market with regards to the current and emerging trends, regional outlook, competitive landscape, and forecast estimation for revenue and market share. The report is an all-inclusive document providing important details focusing on growth statistics, estimation of revenue shares and growth, market valuation, and also emphasizes the competitive landscape, business opportunities, and strategic alliances and approaches undertaken by the dominant industry players.

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Artificial Intelligence Engineering market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Google LLC, International Business Machines Corporation, Intel Corporation, Baidu, Inc., Oracle Corporation, Salesforce.com, Inc., Cisco Systems, Inc., Meta Platforms, Inc., Siemens AG, and Nvidia Corporation

The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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Market Overview:

The report bifurcates the Artificial Intelligence Engineering market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Solutions Outlook (Revenue, USD Billion; 2018–2030)

    • Hardware
    • Software
    • Services



  • Technology Outlook (Revenue, USD Billion; 2018–2030)

    • Deep Learning
    • Machine Learning
      1. Supervised Learning
      2. Unsupervised Learning
      3. Reinforcement Learning
    • Natural Language Processing
      1. Speech Recognition
      2. Optical Character Recognition (OCR)
      3. Semantic Search
      4. Sentiment Analysis
    • Computer Vision



  • End-use Outlook (Revenue, USD Billion; 2018–2030)

    • Healthcare
    • Automotive Transportation
    • Agriculture
    • IT
    • Business Management
    • Manufacturing
    • Others



The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.

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Regional Analysis Covers:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key reasons to buy the Global Artificial Intelligence Engineering Market report:

  1. The latest report comprehensively studies the global Artificial Intelligence Engineering market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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