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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

VANCOUVER, BC, CANADA, September 13, 2022 /EINPresswire.com/ -- According to Emergen research latest report, titled “Artificial Intelligence Engineering Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2030,” The global Artificial Intelligence (AI) engineering market size reached USD 8.05 Billion in 2022 and is expected to register a revenue CAGR of 41.2% during the forecast period. Rapid adoption of automation in various sectors is expected to support market revenue growth during the forecast period. Moreover, increase in private investment for R&D of AI is expected to boost market growth. Adoption of automation in various sectors involves integrating automation with various business operations and thereby reducing manual labor significantly.

It also involves automation of data collection and preprocessing, which is another major factor driving growth of the global AI engineering market revenue. Furthermore, wide utility of artificial intelligence is leading to significant rise in private investment for the purpose of research & development. Large enterprises are collaborating with universities in order to fund state-of-the-art research in AI technology. In addition, rising demand for intelligent automation in different sectors is increasing demand for artificial intelligence engineering.

Request a sample copy of the report to gain valuable business insights for Artificial Intelligence Engineering at @ https://www.emergenresearch.com/request-sample/941      

Artificial Intelligence Engineering business analysis covers techniques of key players including comprehensive information on key business developments, Company Overview, Financial Highlights, Product Portfolio, SWOT Analysis, Key Strategies, and Developments.

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.

 It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

Further key findings from the report suggest

Software segment revenue is expected to grow at a rapid CAGR during the forecast period, due to rising demand for enterprise AI software that mimics human behavior by learning various data patterns and insights, and also helps in decision-making.

On-cloud segment is expected to register a significantly robust revenue growth rate over the forecast period, due to availability of virtual machines with powerful Graphics Processing Units (GPUs), which enable the user to perform advanced computation.

North America is expected to account for a larger revenue share in the global AI engineering market over the forecast period as compared other regional markets, due to robust presence of international and domestic AI solution providers for large enterprises, such as Google LLC, Cisco Systems, Inc., Meta Platforms, Inc., and Oracle Corporation, among others

Read more on the global Artificial Intelligence Engineering market report at: https://www.emergenresearch.com/industry-report/artificial-intelligence-engineering-market

The report further segments the global Artificial Intelligence Engineering market on the basis of product types and applications and provides insights into key factors influencing the revenue growth of the segments.

For this report, Emergen Research has segmented the global AI engineering market on the basis of solutions, technology, end-use, deployment, and region:

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

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

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

Deployment Outlook (Revenue, USD Billion; 2018–2030)

Regions Covered in the 2022 Global Market Report:

Quick Buy—Artificial Intelligence Engineering Market Research Report At: https://www.emergenresearch.com/select-license/941

The Artificial Intelligence Engineering market research process can be done by conducting surveys, conducting interviews, and other similar processes. The main objective of conducting industry research is to understand or take a look at the business related to a specific product or service. The data acquired from conducting research can be used to tailor marketing activities or to decide what the feature priorities require.

What Questions Should You Ask before Buying a Market Research Report?

• How is the Artificial Intelligence Engineering market evolving?

• What is driving and restraining the Artificial Intelligence Engineering market?

• How will each Artificial Intelligence Engineering submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?

• How will the market shares for each Artificial Intelligence Engineering submarket develop from 2022 to 2030?

• What will be the main driver for the overall market from 2022 to 2030?

• Will leading Artificial Intelligence Engineering markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?

• How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?

• Who are the leading players and what are their prospects over the forecast period?

• What are the Artificial Intelligence Engineering projects for these leading companies?

Thank you for reading our report. Customization of the report is available according to the requirements of clients. In case of further queries about the report, do get in touch with us. Our team will make sure your report is tailored according to your needs.

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Eric Lee Emergen Research +91 90210 91709 sales@emergenresearch.com Visit us on social media: Facebook Twitter LinkedIn

The global Artificial Intelligence (AI) engineering market size reached USD 8.05 Billion in 2020

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