Artificial intelligence, or AI, refers to a branch of computer science that aims to mimic human intelligence to perform numerous activities in real time. It is extensively used for voice recognition, language translation, visual perception, decision-making, handwriting recognition, etc. Artificial intelligence offers various benefits, including high time efficiency, improved productivity, better adaptability, enhanced accuracy, etc. As a result, it is used across several sectors, such as healthcare, construction, transportation, automobile, trade, defense, banking, etc.

Asia Pacific Artificial Intelligence Market Trends:

Increasing digitalization across various sectors, such as telecommunication, automotive, healthcare, and banking, financial services and insurance (BFSI), etc., is driving the Asia Pacific artificial intelligence market. Furthermore, AI programs are utilized in analyzing large amounts of data and obtaining insights to improve the consumer experience, thereby experiencing a high demand. Moreover, the expanding 5G infrastructure and the rising demand for intelligent virtual assistants are also catalyzing the market growth. In the coming years, the growing integration of image recognition technology with optical character identification is expected to drive the demand for AI in drones, robots, and self-driving cars, in the Asia Pacific region.

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Asia Pacific Artificial Intelligence Market 2021-2026 Analysis and Segmentation:

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 Country:

• China

• Japan

• India

• South Korea

• Australia

• Indonesia

• Others

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