Artificial Intelligence (AI) Makert: Industry Trends and Developments 2019–2026

The market report studies the impact of COVID-19 on the market while covering many aspects of the industry such as market size, market status, emerging trends, and forecast. The report also offers a brief information of the competitors and the specific growth opportunities, along with key market drivers.

Key Drivers of China AI Market:

The growing adoption of advanced technologies by several industries is surging the growth of the China AI market. Artificial intelligence is rapidly implemented in various sectors to improve their R& D activities and induce automation in their processes. AI improves decision-making and in solving problems by its reasoning. This is the reason why AI is being installed in every program by numerous industries. Several government initiatives are aimed at technological advancements in different sectors, such as retail, oil & gas, defense, manufacturing, healthcare, among others. The â€˜New Generation Artificial Intelligence Development Planâ€™Â illustrated that the state council of China will increase the prevalence of businesses and focuses on becoming a major player in the technologies like virtual reality, military applications, self-driving cars, and smart robots (that are based on inbuild knowledge to have the capabilities to learn from surroundings) by 2030. These specializations of implementing AI and numerous government initiatives are bolstering the growth of the China AI market.

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China is looking forward to implementing artificial intelligence in military operations. There have been various conferences associated with Artificial Intelligence (AI) attended by officials of Chinaâ€™s Ministry of Foreign Affairs, corporates executives of AI companies of China, government think tank experts, and leaders of Chinaâ€™s military AI research organizations. China aims to become the worldâ€™s primary AI innovation center by abolishing Xiâ€™s term limits. This will help its key companies â€“ Alibaba, Baidu, and Tencent, also known as BAT, to become superior and well organized. These factors propel the growth of the China AI market.

China AI Market Segmentation:

The China AI market has been segmented into the following categories:

China AI Market by Product Type:

Hardware

Processors
Memory
Network

Software

AI Platforms
AI Solutions

Services

Deployment & Integration
Support & Maintenance

China AI Market by Technology:

Machine Learning

Deep Learning
Supervised Learning
Unsupervised Learning
Reinforcement Learning
Generative Adversarial Networks (GANS)
Others

Natural Language Processing (NLP)
Context-Aware Computing
Computer Vision

China AI Market by Type:

Narrow/Week AI
General/Strong AI

China AI Market by End-User:

Healthcare

Patient Data & Risk Analysis
Lifestyle Management & Monitoring
Precision Medicine
Inpatient Care & Hospital Management
Medical Imaging & Diagnostics
Drug Discovery
Virtual Assistant
Wearables
Research

Manufacturing

Material Movement
Predictive Maintenance and Machinery Inspection
Production Planning
Field Services
Reclamation
Quality Control

Automotive

Autonomous Driving
Hmi
Semiautonomous Driving

Agriculture

Precision Farming
Livestock Monitoring
Drone Analytics
Agricultural Robots
Others

Retail

Product Recommendation and Planning
Customer Relationship Management
Visual Search
Virtual Assistant
Price Optimization
Payment Services Management
Supply Chain Management and Demand Planning
Others

Security

Identity and Access Management
Risk and Compliance Management
Encryption
Data Loss Prevention
Unified Threat Management
Antivirus/Antimalware
Intrusion Detection/Prevention Systems
Others

Human Resources

Virtual Assistant
Applicant Tracking & Assessment
Personalized Learning and Development
HR Analytics
Job Recommendation
Sentiment Analysis

Marketing

Social Media Advertising
Search Advertising
Dynamic Pricing
Virtual Assistant
Content Curation
Sales & Marketing Automation
Analytics Platform
Others

Ediscovery
Legal Research
Contract Analysis
Case Prediction
Compliance
Others

Fintech

Virtual Assistant
Business Analytics & Reporting
Customer Behaviour Analytics
Others

Construction

Project Management
Field Management
Risk Management
Schedule Management

Defense

Warfare Platform
Cyber Security
Target Recognition
Battlefield Healthcare
Simulation & Training
Planning & Allocation
Threat Monitoring & Situational Awareness
Information Processing
Others

Aerospace

Smart Maintenance
Flight Operations
Training
Surveillance
Virtual Assistants
Dynamic Pricing
Manufacturing
Others

Supplychain

Fleet Management
Supply Chain Planning
Warehouse Management
Virtual Assistant
Risk Management
Freight Brokerage
Others

Building Automation
Consumer
Food & Beverage
Gaming
Media and Entertainment
Telecommunication

Predictive Maintenance & Machine Inspection
Customer Analytics
Network Security
Network Optimization
Self-Diagnostics
Virtual Assistance
Others

Oil & Gas

Predictive Maintenance & Machine Inspection
Material Movement
Production Planning
Field Services
Quality Control
Reclamation

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