Artificial intelligence (AI) within the consumer, enterprise, government, and defense sectors is no longer considered a technology that is “nice to have.” Tractica believes the global market has entered a new era where AI is viewed as an essential technology to driving improvements in quality, efficiency, and speed. In some industries, such as consumer services and telecommunications, AI has already become commonplace. Numerous vendors have established client rosters with both Fortune 500 bellwethers and nimble upstarts. Although the market is still nascent and significant work remains to be done before AI becomes a mainstream technology, end users and solutions providers must identify the technologies and use cases where they want to invest in AI. Tractica has built a taxonomy of more than 330 AI use cases across 28 industry sectors that captures the business-to-business (B2B) software opportunity related to AI. The use cases cover three major meta categories: vision, language, and analytics. Analytics is a major driver for AI and is a continuation of business analytics and classical machine learning (ML) techniques. However, according to Tractica’s analysis, deep learning (DL)-based human perception derived from vision and language is a bigger driver for AI in the long run. Annual global AI software revenue is forecast to grow from $10.1 billion in 2018 to $126.0 billion by 2025. This Tractica report provides a quantitative assessment of the market opportunity for AI across the consumer, enterprise, government, and defense sectors. The study includes market sizing, segmentation, and forecasts for 333 AI use cases, including more than 200 unique use cases. Tractica has added use cases spread across multiple industries, including energy, manufacturing, retail, consumer, transportation, public sector, media and entertainment, telecommunications, and financial services. We have also removed or combined use cases to better reflect the current and future AI market landscape. Global market forecasts, segmented by use case, technology, geography, revenue type, and meta category, extend through 2025.
The Analyst Team
Principal Analyst , AI Vertical Applications
Keith covers artificial intelligence and advanced computing technologies, with a focus on the use of machine learning, deep learning, natural language processing, computer vision, and machine reasoning within the enterprise market. He also covers emerging and advanced technology, including high-performance computing technology and quantum computing.
Keith joined Omdia (formerly Tractica) in 2016, having previously contributed research and analysis for ABI Research, Navigant Research, and Freedonia Group, as well as his own firm, 4K Research & Consulting, LLC. Based in New York, Keith began his career as a financial and technology journalist in 1995 and has written for a wide variety of national and trade publications, including Investment Dealers’ Digest, Red Herring, BusinessWeek, Communications of the ACM, and Mobile Computing & Communications. Kirkpatrick is a member of the Association of Independent Information Professionals (AIIP). He holds a bachelor’s degree in magazine journalism and sociology from Syracuse University.
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