Artificial Intelligence Trends 2020 to 2030

Dublin, June 04, 2020 (GLOBE NEWSWIRE) 

The "Artificial Intelligence Global Market Report 2020-30: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.

This report provides the strategists, marketers and senior management with the critical information they need to assess the global artificial intelligence market.

This report focuses on the artificial intelligence market which is experiencing strong growth. the report gives a guide to the artificial intelligence market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

The global artificial intelligence market is expected to grow from $28.42 billion in 2019 to $40.74 billion in 2020 at a compound annual growth rate (CAGR) of 43.39%. The growth is mainly due to the COVID-19 health emergency across the globe that has led to a new wave of transformative technologies including the revolutionary artificial intelligence technology (for example - smart machines and robots) emerging as a possible solution to contain the epidemic. The market is then expected to recover and reach $99.94 billion in 2023 at CAGR of 34.86%.

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The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. it traces the market's historic and forecast market growth by geography. it places the market within the context of the wider artificial intelligence market, and compares it with other markets.

• the market characteristics section of the report defines and explains the market.
• the market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
• Market segmentations break down market into sub markets.
• the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. it covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
• the artificial intelligence market section of the report gives context. it compares the artificial intelligence market with other segments of the artificial intelligence market by size and growth, historic and forecast. it analyses GDP proportion, expenditure per capita, artificial intelligence indicators comparison.

The artificial intelligence market consists of sales of the artificial intelligence software and related services. Artificial Intelligence (AI) sometimes referred to as machine intelligence. Artificial intelligence is a wide-ranging branch of computer science related with building smart machines that can perform tasks that require human intelligence.  READ MORE...

Next Decade Predictions

At the beginning of every year, trend forecasters the world over put together expensive reports predicting what the future will bring. As a trend forecaster myself, I’ve read literally hundreds of predictions in the past few weeks made by the likes of McKinsey, WGSN and countless others so that you don’t have to. So, what do these professional speculators of the future think the next few years hold?

Many of the themes are predictable: automation, artificial intelligence, climate crisis and climate-related migration, virtual reality and augmented reality, China’s rising power, cryptocurrencies, Zoom, remote work and people agitating for their rights.

Like all predictions, these should be taken with a grain (or boulder) of salt. For example, the firm Mintel “predicts” that by 2030 “corporations will shape transnational politics”, something they have clearly already been doing for decades, or that by 2025 “more subtle gender labels will emerge”, something that’s also already here. Barclay’s 150 trends for investors to watch in the 2020s report, meanwhile, puts smartdust (microscopic sensor systems) in the same “unlikely to happen” quadrant as cryptocurrencies, which are booming. Needless to say, operating in the realm of the speculative and pandering to potential clients is an unsteady combination, though not without its jewels.

Still, here is a sampling of the big and compelling trends that forecasters seem convinced will come to pass, if not in 2021 then over the next five to 10 years:

1 Universal work from home policies
Remote work due to Covid-19 has exposed the inadequacies of compulsory office attendance; now that people are working from home, it will never go back to the way it used to be; geographical requirements around talent acquisitions will loosen or expand beyond urban centers.

2 End of the open-plan office
Besides being notoriously difficult for concentration and privacy, an airborne pandemic has lessened the appeal of cramming big groups of people shoulder to shoulder in a single room.

3 Digital commutes and forced mindfulness
Microsoft is reportedly introducing a “virtual commute” feature intended “to create mental bookends for the remote workday”. It is also partnering with the meditation app Headspace to add a new “emotional check-in feature”.

4 Carbon labelling for consumer goods
Like nutrition facts on food, listing carbon expenditures related to various products on their packaging or in marketing materials will become a norm. This could be used to justify higher prices for certain more “carbon-responsible” items.  READ MORE...