Analysis on Impact of Covid-19- Artificial Intelligence (AI) Market in Manufacturing Industry 2019-2023 | Use of Industrial IoT to Boost Growth |…

Technavio has been monitoring the artificial intelligence (AI) market in manufacturing industry and it is poised to grow by USD 7.22 billion during 2019-2023, progressing at a CAGR of about 31% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Artificial Intelligence (AI) Market in Manufacturing Industry 2019-2023 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amazon Web Services Inc., FANUC Corp., General Electric Co., Google LLC, H2O.AI Inc., IBM Corp., KUKA Aktiengesellschaft, Microsoft Corp., Rockwell Automation Inc., and SAP SE are some of the major market participants. The use of industrial IoT will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Use of industrial IoT has been instrumental in driving the growth of the market.

Artificial Intelligence (AI) Market in Manufacturing Industry 2019-2023: Segmentation

Artificial Intelligence (AI) Market in Manufacturing Industry is segmented as below:

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Artificial Intelligence (AI) Market in Manufacturing Industry 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our artificial intelligence (AI) market in manufacturing industry report covers the following areas:

This study identifies increasing human-robot collaboration as one of the prime reasons driving the artificial intelligence (AI) market growth in the manufacturing industry during the next few years.

Artificial Intelligence (AI) Market in Manufacturing Industry 2019-2023: Vendor Analysis

We provide a detailed analysis of vendors operating in the artificial intelligence (AI) market in manufacturing industry, including some of the vendors such as Amazon Web Services Inc., FANUC Corp., General Electric Co., Google LLC, H2O.AI Inc., IBM Corp., KUKA Aktiengesellschaft, Microsoft Corp., Rockwell Automation Inc., and SAP SE. Backed with competitive intelligence and benchmarking, our research reports on the artificial intelligence (AI) market in manufacturing industry are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Artificial Intelligence (AI) Market in Manufacturing Industry 2019-2023: Key Highlights

Table Of Contents:

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY APPLICATION

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

PART 11: VENDOR LANDSCAPE

PART 12: VENDOR ANALYSIS

PART 13: APPENDIX

PART 14: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Contacts

Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.com Website: http://www.technavio.com/

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Analysis on Impact of Covid-19- Artificial Intelligence (AI) Market in Manufacturing Industry 2019-2023 | Use of Industrial IoT to Boost Growth |...