Adaptive AI Market Outlook 2024-2033: Trends and Projections
Adaptive AI Market Expansion 2024-2033: Growth Drivers and Dynamics
Global Adaptive AI Market Analysis 2024: Size Forecast and Growth Prospects
Adaptive AI Market 2024-2033: Technological Advancements, Competitive Landscape and Strategies
Global Adaptive AI Market Overview 2024: Size, Growth Rate, and Segments
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The adaptive ai global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Adaptive AI Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The adaptive AI market size has grown exponentially in recent years. It will grow from $1.07 billion in 2023 to $1.55 billion in 2024 at a compound annual growth rate (CAGR) of 44.1%. The growth in the historic period can be attributed to growing demand for more intelligent ai systems, increasing demand for ai in various sectors, and rising adoption of self-learning platforms.
The adaptive AI market size is expected to see exponential growth in the next few years. It will grow to $6.55 billion in 2028 at a compound annual growth rate (CAGR) of 43.4%. The growth in the forecast period can be attributed to rising demand for eLearning solutions, increasing government initiatives, and increasing focus on ai-driven solutions. Major trends in the forecast period include technological advancements, product innovations, and proliferation of data from various sources.
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Scope Of Adaptive AI Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Adaptive AI Market Overview
Market Drivers –
The increasing government initiatives are expected to fuel the growth of the adaptive AI market going forward. Government initiatives refer to specific actions, programs, or policies undertaken by a government to address issues, achieve specific goals, or bring about positive changes in various aspects of society. Governments can provide financial support for research and development in AI, including adaptive AI, by making data and tools readily available to a wider community. For instance, in June 2023, the Ministry of Innovation, Science, and Industry, under the auspices of the Government of Canada, a Canada-based government agency, initiated the second phase of the Pan-Canadian artificial intelligence program. Further, this rollout, supported by a substantial investment exceeding US$ 443 million, underscores the government’s commitment to enhance the integration and commercialization of AI across various sectors of the country’s economy. Therefore, increasing government initiatives is driving the growth of the adaptive AI market.
Market Trends –
Major companies operating in the adaptive AI market are developing innovative and advanced adaptive AI systems to gain a competitive edge in the market. Adaptive AI with spam and fraud call protection features observes the patterns left by spammers in the network traffic and adapts in real-time to detect illegal and unwanted calls. For instance, in November 2021, Hiya, a US-based company that provides spam and fraud call protection, launched Adaptive AI. This is the first self-learning call protection system that hunts and shuts down illegal callers in real time. This technology evaluates calls by looking for emerging patterns of scammers, such as the originating carrier and its reputation, the country where the call originated, and the network signature indicating spam risk.
The adaptive ai market covered in this report is segmented –
1) By Component: Platform, Services
2) By Technology: Machine Learning, Deep Learning, Reinforcement Learning, Natural Language Processing (NLP), Computer Vision
3) By Application: Offline Learning And Adaptation, Real-time, Context-aware Adaptation, Autonomous Decision-Making, Other Applications
4) By End-User: Banking, Financial Services and Insurance(BFSI), Healthcare And Life Sciences, Aerospace And Defense, Information Technology And Telecommunications, Media And Entertainment, Retail And E-Commerce, Manufacturing, Other End Users
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Regional Insights –
North America was the largest region in the adaptive AI market in 2023. The regions covered in the adaptive ai market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Cisco Systems Inc., Tech Mahindra Limited, Databricks Inc., Ness Digital Engineering, C3.ai Inc., SofturaInc., Leewayhertz, KITRUM, Suffescom Solutions, Slang, Brighterion Inc., Cerebri AI Inc., Apexon, OpenXcell, Arka Softwares, Risingmax, Markovate Inc., Dynam.Ai, Cygnus Software Inc., CanopyLAB A/S, Testive Inc., 5StarDesigners Ltd., Ask Technologies Inc., A.I. Global Media Limited, Numerai, Skyline AI Ltd.
Table of Contents
1. Executive Summary
2. Adaptive AI Market Report Structure
3. Adaptive AI Market Trends And Strategies
4. Adaptive AI Market – Macro Economic Scenario
5. Adaptive AI Market Size And Growth
…..
27. Adaptive AI Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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