India Artificial Intelligence Market

SHERIDAN, WYOMING, UNITED STATES, September 23, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group, titled “India Artificial Intelligence Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the india artificial intelligence market is expected to exhibit robust growth during 2021-2026

Artificial intelligence (AI) refers to a technological solution concerned with building smart machines capable of performing tasks, which require human intelligence, speech recognition, translation, and decision-making based on past experiences. It offers automation, minimizes errors, manages repetitive tasks, processes large amounts of data, and provides meaningful insights.

Covid-19 Scenario: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Trends and Drivers:

AI is employed in the automotive industry for manufacturing different vehicle components. This, along with the escalating demand for autonomous, hybrid, and electric vehicles (H/EVs) due to the growing concerns about carbon emissions, represents one of the major factors bolstering the market growth in India. In addition, the rising adoption of cloud-based solutions for analyzing large amounts of data, improving overall operational efficiency, and enhancing the user experience in organizations, coupled with significant growth in information technology (IT), are contributing to the market growth. Apart from this, rapid digitization, expanding purchasing power of individuals, busy lifestyles, and the growing penetration of smartphones with high-speed internet connectivity is driving the demand for online applications. This, in confluence with the thriving e-commerce industry, is creating a positive outlook for the market in the country.

India Artificial Intelligence Market 2021-2026 Analysis and Segmentation:

The report has segmented the market on the basis on region, type, offering, technology, system, end-use industry.

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 Region:

North India
West and Central India
South India
East India

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Key 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 a part of the customization.

If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Related Report by IMARC Group:

United States Artificial Intelligence Market Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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

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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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IMARC Services Private Limited
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