The Impact of COVID-19 is included in the Artificial Intelligence Market in Canada. Buy it today to get an advantage.
Request the impact of COVID-19 on your product or industry
The future of the artificial intelligence market in Canada looks attractive with opportunities in the healthcare, security, retail, automotive, manufacturing, and financial technology (fintech) sectors. The major drivers for this market are increasing demand for virtual assistance for easy accessibility of services and growing adoption of cloud-based technology.
Emerging trends, which have a direct impact on the dynamics of the artificial intelligence industry, include growing adoption of artificial intelligence in IoT applications and increasing demand for AI-enabled processors.
A total of 25 figures / charts and 12 tables are provided in this 60 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of artificial intelligence market in Canada report download the report brochure.
Artificial Intelligence Market in Canada by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Artificial Intelligence Market in Canada:
2014-2025 (US $M) (Randomized Data)
The study includes the market size and forecast for the artificial intelligence market in Canada by end use industry, technology, and product and service as follows:
Artificial Intelligence Market by End Use Industry [ $B shipment analysis from 2014 to 2025]:
-
Media and Advertising
-
Security
-
Automotive
-
Healthcare
-
Retail
-
Fintech (Financial Technology)
-
Manufacturing
-
Others
Artificial Intelligence Market by Technology [$B shipment analysis from 2014 to 2025]:
-
Machine Learning
-
Natural Language Processing (NLP)
-
Others
Artificial Intelligence Market by Product and Service [$B shipment analysis from 2014 to 2025]:
-
Hardware
-
Processor
-
Memory
-
Network
-
Software
-
Service
Lucintel forecasts that the machine learning technology will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to increasing adoption of this technology in the autonomous applications and growing consumer preference for IoT-enabled devices.
Within the artificial intelligence market, media and advertising will remain the largest application due to an increasing adoption of customer-centric marketing strategies and increasing use of social platform for advertisements. The healthcare segment is expected to witness the highest growth over forecast period due to advancements in clinical research and growing demand for electronics-based medical equipment and sensors in the healthcare applications.
Some of the features of “Opportunities for the Artificial Intelligence Market in Canada 2014-2025: Trends, Forecast and Competitive Analysis” include:
-
Market size estimates: Artificial intelligence market size estimation in terms of value ($B) shipment.
-
Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by end use industry, technology, and product and service.
-
Segmentation analysis: Artificial intelligence market size by end use industry (media and advertising, security, automotive, healthcare, retail, fintech, manufacturing and others), technology (machine learning, natural learning processing, and others), and product and service (hardware, software, and service) in terms of value.
-
Growth opportunities: Analysis on growth opportunities in different end use industry, technology, and product and service of artificial intelligence in the artificial intelligence market.
-
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 7 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the artificial intelligence market in Canada by end use industry (media and advertising, security, automotive, healthcare, retail, fintech, manufacturing and others), technology (machine learning, natural learning processing, and others), and product and service (hardware, software, and service)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.4 What are the business risks and threats to the artificial intelligence market?
Q.5 What are the emerging trends in this artificial intelligence market and reasons behind them?
Q.6 What are some changing demands of customers in the artificial intelligence market?
Q.7 What are the new developments in the artificial intelligence market? Which companies are leading these developments?