Europe Artificial Intelligence Market Share, Growth, Size, Trends and Forecast 2021-2026

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Europe Artificial Intelligence Market Share, Growth, Size, Trends and Forecast 2021-2026

Posted By dean ambrose     March 29, 2023    

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According to the latest report by IMARC Group “Europe Artificial Intelligence Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“. The Europe artificial intelligence market report is expected to exhibit robust growth during 2021-2026. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Artificial intelligence (AI) refers to a technological solution for building smart machines capable of performing numerous tasks that require human intelligence. It includes several chipsets with high computing capabilities and core technologies, including natural language processing (NLP), deep learning, machine learning (ML), augmented and virtual reality (AR/VR), etc. Artificial intelligence offers human-like visual perception, speech recognition, translation, and decision-making based on past experiences. It can also process a large amount of data, provide meaningful insights, and assist in automation, minimizing errors, managing repetitive tasks, etc.

Request for a free sample copy of this report: https://www.imarcgroup.com/europe-artificial-intelligence-market/requestsample

Europe Artificial Intelligence Market Trends:

The expanding information technology (IT) sector and the widespread adoption of digitization that utilizes AI-integrated systems for streamlining the work process and improving operational efficiencies are primarily augmenting the Europe artificial intelligence market. Furthermore, the escalating demand for reliable cloud computing infrastructures to process accurate real-time data and enhance overall productivity is positively influencing the regional market. Apart from this, the increasing usage of AI-based algorithms and tools by various online websites is acting as another significant growth-inducing factor. Moreover, they enable organizations to analyze large amounts of data for extracting specific insights that are further used to enhance customer engagement. Besides this, the emerging trend of streaming content on over-the-top (OTT) platforms and extensive R&D activities by key market players are also catalyzing the market growth. Additionally, continuous improvements in 5G infrastructures, the introduction of AI-powered industrial and surgical robots, and the inflating need for intelligent virtual assistants are expected to fuel the Europe artificial intelligence market in the coming years.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

  • Narrow/Weak Artificial Intelligence
  • General/Strong Artificial Intelligence

Breakup by Offering:

  • Hardware
  • Software
  • Services

Breakup by Technology:

  • Machine Learning
  • Natural Language Processing
  • Context-Aware Computing
  • Computer Vision
  • Others

Breakup by System:

  • Intelligence Systems
  • Decision Support Processing
  • Hybrid Systems
  • Fuzzy Systems

Breakup by End-Use Industry:

  • Healthcare
  • Manufacturing
  • Automotive
  • Agriculture
  • Retail
  • Security
  • Human Resources
  • Marketing
  • Financial Services
  • Transportation and Logistics
  • Others

Breakup by Country:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/europe-artificial-intelligence-market

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2022 to 2027, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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