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January 2018
Artificial Intelligence
Sectorwatch
Machine intelligence now has certain growth prospects which is attributable key players focusing on developing integrated solutions such as hardware and software. Other factors driving industry growth are improvements in the commercial prospects of AI deployment and advancements in dynamic AI solutions. The market, according to Grand View Research, is projected to reach USD 35,870.0 million by 2025 by its direct revenue sources, growing at a CAGR of 57.2% from 2017 to 2025, whereas it is expected to garner around USD 58,975.4 million by 2025 from its enabled revenue arenas.
Industry Trends:
- Current revenue growth rate exceeds the average of the last 3 years, indicating that market momentum is increasing
- Current gross profit margin is less than the average of the last 3 years gross profit margins, indicating customer pricing power
- Current EBITDA margin is less than the average of the last 3 years EBITDA margins, which may signal further consolidation
