According to the latest report by IMARC Group, titled “Europe Artificial Intelligence Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” The Europe artificial intelligence market is expected to exhibit robust growth during 2021-2026.
Artificial intelligence (AI) refers to a segment of computer science that aims to imitate human intelligence to perform various activities in real-time. It is widely used for multiple purposes, such as visual perception, voice recognition, decision-making, handwriting recognition, language translation, etc. Artificial intelligence has numerous benefits, including better adaptability, higher time-efficiency, enhanced accuracy, improved productivity, etc. Owing to these benefits, it is used across various sectors, such as automobile, healthcare, trade, construction, defense, transportation, banking, etc.
The rising internet connectivity and increasing penetration of smart devices are primarily driving the Europe artificial intelligence market. Furthermore, the European Commission is heavily investing in numerous innovation programs for supporting the development of AI applications. Additionally, the continuous government support towards the expansion of the 5G network is further propelling the demand for AI. Besides this, the growing deployment of AI-based algorithms across e-commerce platforms for gathering specific insights is also providing a thrust to the market. Moreover, the rising integration of image recognition technology with optical character identification is expected to further bolster the demand for AI in drones, robots, and self-driving cars, over the forecasted period.
Request Free Sample Report: https://www.imarcgroup.com/europe-artificial-intelligence-market/requestsample
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.
Europe Artificial Intelligence Market 2021-2026 Analysis and Segmentation:
The report has segmented the market on the basis on country, type, offering, technology, system, end-use industry.
Breakup by Type:
- Narrow/Weak Artificial Intelligence
- General/Strong Artificial Intelligence
Breakup by Offering:
Breakup by Technology:
- Machine Learning
- Natural Language Processing
- Context-Aware Computing
- Computer Vision
Breakup by System:
- Intelligence Systems
- Decision Support Processing
- Hybrid Systems
- Fuzzy Systems
Breakup by End-Use Industry:
- Human Resources
- Financial Services
- Transportation and Logistics
Breakup by Country:
- United Kingdom
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/europe-artificial-intelligence-market
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.
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.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800