Artificial Intelligence Market in India 2021-26, Size, Share, Growth, Trends and Forecast

artificial intelligence market in india

Sheridan, Wyoming, US, September 23, 2022 / – According to the latest report by IMARC Group titled “The Artificial Intelligence Market in India: Industry Trends, Share, Size, Growth, Opportunities and Forecasts 2021-2026, is expected to witness Artificial Intelligence Market in India Strong Growth During 2021-2026
Artificial intelligence (AI) refers to a technical solution concerned with building intelligent machines capable of performing tasks, which require human intelligence, speech recognition, translation, and decision-making based on past experiences. It provides automation, reduces errors, manages repetitive tasks, processes large amounts of data, and provides useful insights.
Covid-19 scenario: We regularly track the direct impact of COVID-19 on the market, along with the indirect impact of associated industries. These notes will be incorporated into the report.
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Market Trends and Drivers:
Artificial intelligence is used in the automotive industry to manufacture components for various vehicles. This, along with the growing demand for autonomous, hybrid and electric vehicles (H/EVs) due to the growing concerns over carbon emissions, is one of the major factors driving market growth in India. Additionally, the increasing adoption of cloud-based solutions for analyzing large amounts of data, improving overall operational efficiency, and enhancing user experience in organizations, along with significant growth in information technology (IT), is contributing to the market growth. Apart from this, rapid digitization, expanding purchasing power of individuals, busy lifestyles and increasing penetration of smartphones with high speed internet connection are driving the demand for online applications. This, in conjunction with the booming e-commerce industry, creates a positive outlook for the market in the country.
India Artificial Intelligence Market Segmentation and Analysis 2021-2026:
The report has segmented the market on the basis of region, type, supply, technology, system, and end-use industry.
Segmentation by type:
Narrow/weak AI
Artificial General / Strong Intelligence
Separation by Subtraction:
Technology break up:
machine learning
natural language processing
context-aware computing
computer vision
Break up by system:
intelligence systems
Decision support processing
Hybrid systems
blur systems
End-use industry disintegration:
Health Care
the cars
selling by pieces
Financial Services
Transportation and logistics
Division by region:
North India
West and Central India
south india
East India
Ask the analyst for customization and explore the full report using the table of contents and figure list:
Highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market drivers and success factors
SWOT Analysis
value chain
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
If you want the latest primary and secondary data (2021-2026) with cost unit, business strategy, distribution channel, etc. Click Request a Free Sample Report, and the published report will be delivered to you in PDF format by email within 24 to 48 hours of receiving full payment.
Related report by IMARC Group:
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information about us
IMARC Group is a leading market research company providing management strategy and market research worldwide. We partner with clients in all sectors and regions to identify the highest-value opportunities, address the most critical challenges, and transform their businesses.
IMARC’s information products include key markets and scientific, economic and technological developments of business leaders in pharmaceutical, industrial and high-tech enterprises. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and new processing methods are on top of the company’s expertise.

Elena Anderson
IMARC Services Private Limited
+1 6317911145
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