Canada Artificial Intelligence Market – Opportunities & Forecast, 2019-2026
Artificial Intelligence is that part of computer science that mainly emphasizes on the formation or development of intelligent machines that have an ability to perform a work and react in a similar way such as humans. It plays a major part in the technology industry and the research activities which are related to the artificial intelligence is highly specialized and technical. The core problems of such technology include the programming of computers for certain qualities such as learning, problem solving, reasoning knowledge, planning and others. The core part of AI research is Knowledge engineering.
The growth of artificial intelligence in the Canada market was facilitated by a critical mass of research and entrepreneurship by various experts. The other verticals which are responsible for fuelling the demand of artificial intelligence over the short term includes the customer service, fintech, human resources, transportation & logistics and others. Moreover, increasing penetration of internet and connected devices such as smart phones, smart appliances is further propelling the growth of Canada artificial intelligence market. Increasing investments and government support for the development of Artificial intelligence as an industry is bolstering the market growth in this country. The factors hindering the growth of Canada artificial intelligence market includes the loss of human capital as a result of lack in the financial capital due to which the researchers and scientists are shifting abroad particularly in U.S and rising concerns for the privacy of data.
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Various notable players operating in the Canada artificial intelligence market includes Microsoft Corporation, Google LLC., Amazon Web Services, IBM Corporation, Apple Inc., Salesforce.com Inc., Intel Corporation, Facebook, NVIDIA Corporation and Qlik Technologies among others.
The Canada artificial intelligence market has been segmented on the basis of offering, technology, end user and key geographies. Based on offering, the market is segmented into Hardware, Software and Services. Based on technology, the market is segmented into Machine Learning, Natural Language Processing, Deep Learning, Machine Vision and ASI & AGI. Based on end user, the market is segmented into Healthcare, BFSI, Retail, Manufacturing, Automotive & Transportation, Agriculture, Media & Entertainment and Others.
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Key questions answered in this research report:
1- At what pace is Canada Artificial Intelligence market growing? What will be the growth trend in the future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the various application areas and how they are poised to grow?
1- At what pace is Canada Artificial Intelligence market growing? What will be the growth trend in the future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the various application areas and how they are poised to grow?
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