Artificial Intelligence Market is expected to reach $115 billion by 2027 – An exclusive market research report by Lucintel

May 18 10:52 2022
Artificial Intelligence Market is expected to reach $115 billion by 2027 - An exclusive market research report by Lucintel
Trends and Forecast for the Global Artificial Intelligence Market
Trends, opportunities and forecast in artificial intelligence (AI) market to 2027 by end use industry (media and advertising, security, automotive, healthcare, retail, fintech, manufacturing, and others), technology (machine learning, natural learning processing, and others), product and service (hardware, software, and service), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel’s latest market report analyzed that artificial intelligence provides attractive opportunities in the healthcare, security, retail, automotive, manufacturing, and financial technology (fintech) sectors. The artificial intelligence market is expected to reach $115 billion by 2027 with a CAGR of 23.5%. In this market, machine learning technology is the largest segment by technology, whereas media and advertising is largest by end use industry. The growing adoption of artificial intelligence in IoT applications and increasing demand for AI-enabled processors provides strategic growth path in this market.      

Download Brochure of this report by clicking on

Based on technology, the artificial intelligence market is segmented into machine learning, natural learning processing, and others. The machine learning segment is accounted for the largest share of the market in 2021 and witness the highest growth in the forecast period due to increasing adoption of this technology in the autonomous applications and growing consumer preference for IoT-enabled devices.   

Browse in-depth TOC on “Artificial Intelligence Market”

89 – Tables

106 – Figures

205 – Pages

The artificial intelligence market is marked by the presence of several big and small players. Some of the prominent players offering artificial intelligence include Intel, IBM, Amazon, Facebook, NVIDIA, Apple, Microsoft, General Electric, and NEC Corporation.

Request Sample Report:

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit

Media Contact
Company Name: Lucintel
Contact Person: Brandon Fitzgerald
Email: Send Email
Phone: 303.775.0751
Address:8951 Cypress Waters Blvd., Suite 160
City: Dallas
State: TEXAS
Country: United States