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Global AI in Manufacturing Markets 2017-2018 Forecast to 2024 - Growing IIoT and Usage of Big Data Technology in the Manufacturing Industry is the Key DriverDUBLIN, Oct. 5, 2018 /PRNewswire/ -- The "Global Artificial Intelligence in Manufacturing Market - Technologies, Market Share and Industry Forecast to 2024" report has been added to ResearchAndMarkets.com's offering. Global artificial intelligence in manufacturing market is expected to rise with the CAGR of about 52% during the forecast period 2017-2024. The major drivers for this market are growing industrial IoT and usage of big data technology in the manufacturing industry, rise in usage of computer-based technology extensive usage of robotics by manufacturing companies, significant increase in venture capital investments and cross-industry partnerships. The major restraint for the market is lack of technically skilled personnel. Also, increasing operational efficiency in manufacturing firm and scope for AI based technology across emerging regions are major opportunities for the market. However, data privacy and security concern is the major market challenge. However, Asia Pacific is expcted to be the fastest growing region in artificial intelligence in manufacturing market during the forecast period due to growth in manufacturing sector across the region, increasing investments in artificial intelligence technologies, etc. The growth in global artificial intelligence in manufacturing market is also influenced by the presence of major players such as NVIDIA Corporation (United States), Oracle Corporation (United States), Microsoft Corporation (United States), Intel Corporation (United States), IBM Corporation (United States), etc. To gain competitive advantage, the major players of global artificial intelligence in manufacturing market are adopting various strategies such as mergers & acquisitions, product launch, strategic partnership, collaboration, joint ventures, investment, strategic expansion, funding etc. during the forecast period. Key Topics Covered 1. Introduction
For more information about this report visit https://www.researchandmarkets.com/research/hg5vwn/global_ai_in?w=5 Media Contact: Research and Markets SOURCE Research and Markets |