Global Artificial General Intelligence Market Growing at A CAGR of 41.6% By 2026
Artificial intelligence
is an intelligence system or a set of programs established by machines,
contrary to the natural intelligence displayed by humans and other animals.
AI-based systems basically appear as a black-box, where data is fed in the
input side and the result is outputted from another side. There is no way to
track how the artificial systems come to its decision. Artificial intelligence
is allied to human and other animals’ intelligence, such as analysis, learning,
language understanding, and problem-solving.
The global artificial
general intelligence market is expected to be valued at approximately 144.2
billion USD by the year 2026, growing at a CAGR of 41.6%. The market is
driven by factors, such as an increase in demand for intelligent virtual
assistants and the growth in the adoption of cloud-based applications and
services. However, the limited number of AI experts & skilled personnel is
expected to impede the growth of artificial general intelligence market.
Artificial General
Intelligence (AGI) is also referred to as strong Artificial Intelligence (AI).
It includes a system with cognitive computing capabilities and comprehensive
knowledge so that it can perform functions that humans are capable of doing. In
a broad aspect, artificial general intelligence (AGI) will be boosted beyond
the capacity of humans for the purpose of analysis & processing of huge
amounts of data with a faster speed.
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On the basis of
industry verticals, the healthcare sector is holding the highest market share
in Artificial General Intelligence market due to the increasing adoption of
artificial intelligence in healthcare-related services. It is expected that
this industry vertical will reach approximately US$ 20 billion by 2026.
Table Of Content
Chapter 1 Preface
1.1
Report
Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5 Assumptions
1.4 Market Segmentation Scope
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5 Assumptions
1.4 Market Segmentation Scope
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Chapter 2 Executive Summary
2.1 Market Summary
2.1.1 Global Artificial general intelligence Market, 2016-2026, (US$ Mn)
2.1 Market Snapshot: Global Artificial general intelligence Market
2.2 Market Dynamics
2.3 Global Artificial general intelligence Market, by Segment, 2018
2.3.1 Global Artificial general intelligence Market, by Type, 2018, (US$ Mn)
2.3.2 Global Artificial general intelligence Market, by Application, 2018, (US$ Mn)
2.3.3 Global Artificial general intelligence Market, by Industry Vertical, 2018, (US$ Mn)
2.3.4 Global Artificial general intelligence Market, by Region, 2018 (US$ Mn)
2.4 Premium Insights
2.4.1 Artificial general intelligence Market In Developed Vs. Developing Economies, 2018 vs 2026
2.4.2 Global Artificial general intelligence Market: Regional Life Cycle Analysis
2.1.1 Global Artificial general intelligence Market, 2016-2026, (US$ Mn)
2.1 Market Snapshot: Global Artificial general intelligence Market
2.2 Market Dynamics
2.3 Global Artificial general intelligence Market, by Segment, 2018
2.3.1 Global Artificial general intelligence Market, by Type, 2018, (US$ Mn)
2.3.2 Global Artificial general intelligence Market, by Application, 2018, (US$ Mn)
2.3.3 Global Artificial general intelligence Market, by Industry Vertical, 2018, (US$ Mn)
2.3.4 Global Artificial general intelligence Market, by Region, 2018 (US$ Mn)
2.4 Premium Insights
2.4.1 Artificial general intelligence Market In Developed Vs. Developing Economies, 2018 vs 2026
2.4.2 Global Artificial general intelligence Market: Regional Life Cycle Analysis
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Chapter 3 Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 Increase in demand for intelligent virtual assistants
3.2.2 The growth in the adoption of cloud-based applications and services
3.3 Market Restraints
3.3.1 The limited number of AI experts & skilled personnel
3.3.2 Restraint 2
3.4 Market Opportunities
3.4.1 Increasing adoption of artificial intelligence in healthcare-related services
3.4.2 Opportunity 2
3.5 Industry Value Chain Analysis
3.5.1 Analyst’s Views
3.6 Industry SWOT Analysis
3.2 Market Drivers
3.2.1 Increase in demand for intelligent virtual assistants
3.2.2 The growth in the adoption of cloud-based applications and services
3.3 Market Restraints
3.3.1 The limited number of AI experts & skilled personnel
3.3.2 Restraint 2
3.4 Market Opportunities
3.4.1 Increasing adoption of artificial intelligence in healthcare-related services
3.4.2 Opportunity 2
3.5 Industry Value Chain Analysis
3.5.1 Analyst’s Views
3.6 Industry SWOT Analysis
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