June 15, 2024
India Artificial Intelligence Market
According to the latest report by IMARC Group “India Artificial Intelligence Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. The India artificial intelligence market size reached US$ 680.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 3,935.5 Million by 2028, exhibiting a growth rate (CAGR) of 33.28% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form. Artificial intelligence (AI) represents the technological solution used for building smart machines capable of performing various tasks that require human intelligence. It aids in planning, learning, recognizing human-like speech, solving problems according to past experiences, etc. Artificial intelligence comprises hardware components, including a central processing unit (CPU), graphics processing unit (GPU), field-programmable gate array (FPGA), application-specific integrated circuits (ASIC), etc. It also has software components, such as deep learning, natural language processing (NLP), machine learning (ML), etc., that provide meaningful insights and process a large amount of data. Request for a free sample copy of this report: https://www.imarcgroup.com/india-artificial-intelligence-market/requestsample India Artificial Intelligence Market Trends: The escalating demand for AI-integrated systems, on account of the growing digitization in several sectors, including banking, financial services and insurance (BFSI), telecommunications, healthcare, automotive, etc., is among the key factors stimulating the India artificial intelligence market. Moreover, the expanding information technology (IT) industry and the rising usage of cloud-based applications are acting as significant growth-inducing factors. Besides this, numerous benefits offered by artificial intelligence-integrated systems, such as analysis of large amounts of data, improved consumer experience, extraction of insights regarding overall operational efficacy, etc., are bolstering the market growth. Furthermore, extensive R&D activities by key market players are propelling the market growth across the country. Apart from this, the widespread adoption of reliable cloud computing solutions is further augmenting the market growth. Additionally, the increasing popularity of AI-powered industrial and surgical robots, the development of intelligent virtual assistants, and continuous improvements in 5G infrastructures are anticipated to fuel the India artificial intelligence market over the forecasted period. Report Segmentation: The report has segmented the market into the following categories: Breakup by Type:
  • Narrow/Weak Artificial Intelligence
  • General/Strong Artificial Intelligence
Breakup by Offering:
  • Hardware
  • Software
  • Services
Breakup by Technology:
  • Machine Learning
  • Natural Language Processing
  • Context-Aware Computing
  • Computer Vision
  • Others
Breakup by System:
  • Intelligence Systems
  • Decision Support Processing
  • Hybrid Systems
  • Fuzzy Systems
Breakup by End-Use Industry:
  • Healthcare
  • Manufacturing
  • Automotive
  • Agriculture
  • Retail
  • Security
  • Human Resources
  • Marketing
  • Financial Services
  • Transportation and Logistics
  • Others
Breakup by Region:
  • North India
  • West and Central India
  • South India
  • East India
Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players. Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/india-artificial-intelligence-market If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization. About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US IMARC Group Email: sales@imarcgroup.com USA: +1-631-791-1145 | Asia: +91-120-433-0800 Address: 134 N 4th St. Brooklyn, NY 11249, USA Website: https://www.imarcgroup.com/ Follow us on Twitter: @imarcglobal Linkedin: https://www.linkedin.com/company/imarc-group

Leave a Reply

Your email address will not be published. Required fields are marked *