The Business Research Company’s latest report Artificial Intelligence Services Global Market Report 2020 covers Artificial Intelligence Services market drivers, Artificial Intelligence Services market trends, Artificial Intelligence Services market segments, Artificial Intelligence Services market growth rate, Artificial Intelligence Services market major players, and Artificial Intelligence Services market size. The report provides in-depth analysis of the impact of COVID-19 on the Artificial Intelligence Services industry, along with revised market numbers due to the effects of the coronavirus.
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Artificial
Intelligence Services Global Market Report 2020 is the most comprehensive
report available on this market and will help gain a truly global perspective
as it covers 60 geographies. The chapter on the impact of COVID-19 gives
valuable insights on supply chain disruptions, logistical challenges, and other
economic implications of the virus on the market. The chapter also covers
markets which have been positively affected by the pandemic.
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The global artificial intelligence services
market is expected to decline from $0.85 billion in 2019 to $0.77 billion in
2020 at a compound annual growth rate (CAGR) of -9.46%. The decline is mainly
due to the COVID-19 outbreak that has led to restrictive containment measures
involving social distancing, remote working, and the closure of industries and
other commercial activities. The entire supply chain has been disrupted,
impacting the market negatively. The market is then expected to recover and
reach $1.97 billion in 2023 at a CAGR of 36.65%.
The report covers the Artificial Intelligence
Services market’s segments-
1) By Technology: Machine Learning,
Computer Vision, Natural Language Processing (NLP), Others.
2) By End-user: Banking, Financial, and
Insurance (BFSI), IT & Telecom, Retail, Manufacturing, Public Sector,
Energy & Utility, Healthcare, Others.
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