Global Artificial Intelligence Market 2022: Investments vs Potential – ResearchAndMarkets.com – QNT Press Release

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The “Global Artificial Intelligence (AI) Market: Investments vs Potential” report has been added to ResearchAndMarkets.com’s offering.

In recent years, AI has gained significant traction worldwide in businesses in both the public and the private sectors. This is mainly due to the perceived benefits associated with the integration of AI in business processes, such as higher productivity, cost reductions and efficiency improvements. Going forward, technology is expected to have a significant impact on virtually every business sector and every human being. Continuous advancements in the field are also expected to drive the adoption of other emerging technologies in the market, such as the IoT, robotics and big data .

AI systems are defined as machine-based systems that have the ability to make predictions, recommendations or decisions to influence real or virtual environments for a given set of human-defined objectives. With the expanding economic landscape of AI technology, it is emerging as a general-purpose technology. By delivering more accurate and cost-effective predictions, recommendations and decisions, the technology is enabling businesses to enhance productivity and address complex business challenges.

In terms of technology, the AI ​​market can be classified into four types: ML, computer vision, NLP and context-aware computing. The rapid expansion of the field is attributed to the maturity of an ML modelling technique known as neural networks, as well as the growing availability of large datasets and advancements in computing power abilities.

The scope of this report is broad and…

Full story available on Benzinga.com

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