The year 2019 has witnessed numerous strategic disruptions in artificial intelligence domain. With developments such as investment of $1 billion from Microsoft on OpenAI, the Elon Musk-founded AI venture that plans to replicate the human brain, AI’s potential for leading the next-generation of technological innovation is well-evidenced.
BIS Research AI segment offers insightful market intelligence reports covering various applications of AI such as healthcare, agriculture, security and surveillance, aerospace and defence, and others to help the key players with their strategic decision making.
Following are the key highlights of our AI market intelligence reports published in in 2019 that can act as a supplement to the strategic initiatives of your company:
Artificial Intelligence (AI) in Agriculture Market
AI-as-a-Service (AIaaS) is a relatively new product offering type in the agriculture market. Software-as-a-product offering maximizes the growth of AI in agriculture. North America is leading the market, expected to generate the highest revenue, $476.9 million, in 2019. This is attributed to the developing advanced technology-based farming infrastructure, growing government and academic support and initiatives to adopt precision agriculture, and increasing number of companies, which offer data-based products for agriculture, in the region. [REPORT SAMPLE]
Military Artificial Intelligence (AI) and Cybernetics
The increasing need for situational awareness, and growing demand for cloud services in military around the world are expected to drive the market. Cybersecurity is the most used application in the market. Naval platform is the fastest growing platform in the market with its growth attributed to the rising automation in various naval equipment such as submarines, unmanned marine vehicle, and ships. It is expected to grow at a CAGR of 20.18% from 2019 to 2024. North America dominated the military artificial intelligence market in 2018 and the U.S. recorded the highest market revenue in 2018. [REPORT SAMPLE]
AI-Enabled Medical Imaging Solutions
The market growth in the global AI-enabled medical imaging solutions market can primarily be attributed to the factors such as expanding range of applications of AI, shortage of healthcare workforce, and huge R&D investments as well as funding. The AI-based software segment is expected to witness an impressive growth at a CAGR of 33.34%, during the period 2019-2029. The global AI-based medical imaging solutions market by specialty imaging was dominated by cardiology with a market share of 28.22% in 2018. Further, the segment is expected to witness the highest growth during the forecast period 2019-2029. [REPORT SAMPLE]
Clinical Decision Support Systems (CDSS)
Clinical decision support systems market is largely going to be driven by the urgent need to reduce global healthcare costs. The global CDSS market was valued at $1.57 billion in 2018 and is anticipated to grow at a CAGR of 8.3% during the forecast period, 2019-2028 owing to the increasing use of CDSS to control the rising number of deaths due to medical errors. North America had the highest market share of 60.7% in 2018 and is expected to grow at a CAGR of 6.1% during the period 2019-2028. [REPORT SAMPLE]
The agriculture drones and robots market is projected to grow at a CAGR 24.76% from 2018 to 2028. Milking robots dominated the agricultural robots market (by type) in 2018, valued at $1,293.7 million in 2018 and is projected grow at a CAGR of 10.95% between 2018 and 2028. Indoor farming environment dominated the agricultural robots market (by farming environment) in 2018 and is projected to grow at a CAGR of 22.38% between 2018 and 2028. Owing to the amount of arable land available, dependence of agriculture on the countries for their economic and social growth, Asia-Pacific is expected to have the fastest market growth from 2018 to 2028. [REPORT SAMPLE]
More from the BIS Artificial Intelligence Repository: (hyperlinked)