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China AI Market Research Report

Growth opportunities in the China AI market look promising over the next six years. This is mainly due to the accelerating adoption of advanced technologies across numerous sectors along with the increasing number of government initiatives that are focused on different technological advancements in industries such as retail, manufacturing, defense, oil & gas, healthcare, among others.

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China AI Industry Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

One of the major factors that is contributing to the growth of the China AI market size includes the rising adoption of advanced technologies by numerous sectors. Artificial intelligence is increasingly introduced in numerous industries to improve their research & development activities and induce automation in their processes. AI facilitates better decision-making and problem solving by its reasoning abilities. This is one of the biggest reasons for the rising implementation of AI in the different programs among various industries. In addition to this, the government initiatives are emphasized on technological advancements in industries which include oil & gas, defense, retail, healthcare, and manufacturing. The 'New Generation Artificial Intelligence Development Plan', aims to increase the prevailing businesses and become a prominent player in the technologies such as self-driving cars, virtual reality, smart robots, and military applications (that are based on inbuild knowledge to have the capabilities to learn from surroundings) by the end of 2030. All these factors are propelling the growth of the artificial intelligence industry in China.

The country is looking forward to the introduction of artificial intelligence in military operations. There have been an increase in the number of conferences related to Artificial Intelligence (AI) attended by officials of China's Ministry of Foreign Affairs, corporates executives of AI companies of China, government think tank experts, and leaders of China's military AI research organizations. The main objective is to become the world's primary AI innovation center by abolishing Xi's term limits. This will allow the top players such as Baidu, Alibaba, and Tencent, also known as BAT, to become superior and well organized.

Offering Segment Drivers

On the basis of the offering, the software is projected to grow at a higher CAGR during the forecast period. AI software is increasingly opted by various enterprises due to the high computing power, enhanced information capacity, and parallel processing capacity to bring advancement in their technologies. AI offers a meaningful value to the given data.

China AI Market Segmentation:

Segmentation by Offering:

Hardware

Software

Services

Processors

Memory

Network

AI Platforms

AI Solutions

Deployment & Integration

Support & Maintenance

Segmentation by Technology:

Machine Learning

Natural Language Processing (NLP)

Context-Aware Computing

Computer Vision

Deep Learning

Supervised Learning

Unsupervised Learning

Reinforcement Learning

Generative Adversarial Networks (GANS)

Others

Segmentation by Type:

Narrow/Week AI

General/Strong AI

Segmentation by End-User:

Healthcare

Manufacturing

Automotive

Agriculture

Retail

Security

Human Resources

Marketing

Law

Fintech

Construction

Defense

Aerospace

Supplychain

Building Automation

Consumer

Food & Beverage

Gaming

Media and Entertainment

Telecommunication

Oil & Gas

Patient Data & Risk Analysis

Lifestyle Management & Monitoring

Precision Medicine

Inpatient Care & Hospital Management

Medical Imaging & Diagnostics

Drug Discovery

Virtual Assistant

Wearables

Research

Material Movement

Predictive Maintenance and Machinery Inspection

Production Planning

Field Services

Reclamation

Quality Control

Autonomous Driving

Hmi

Semiautonomous Driving

Precision Farming

Livestock Monitoring

Drone Analytics

Agricultural Robots

Others

Product Recommendation and Planning

Customer Relationship Management

Visual Search

Virtual Assistant

Price Optimization

Payment Services Management

Supply Chain Management and Demand Planning

Others

Identity and Access Management

Risk and Compliance Management

Encryption

Data Loss Prevention

Unified Threat Management

Antivirus/Antimalware

Intrusion Detection/Prevention Systems

Others

Virtual Assistant

Applicant Tracking & Assessment

Personalized Learning and Development

HR Analytics

Job Recommendation

Sentiment Analysis

Social Media Advertising

Search Advertising

Dynamic Pricing

Virtual Assistant

Content Curation

Sales & Marketing Automation

Analytics Platform

Others

Ediscovery

Legal Research

Contract Analysis

Case Prediction

Compliance

Others

Virtual Assistant

Business Analytics & Reporting

Customer Behaviour Analytics

Others

Project Management

Field Management

Risk Management

Schedule Management

Warfare Platform

Cyber Security

Target Recognition

Battlefield Healthcare

Simulation & Training

Planning & Allocation

Threat Monitoring & Situational Awareness

Information Processing

Others

Smart Maintenance

Flight Operations

Training

Surveillance

Virtual Assistants

Dynamic Pricing

Manufacturing

Others

Fleet Management

Supply Chain Planning

Warehouse Management

Virtual Assistant

Risk Management

Freight Brokerage

Others

Predictive Maintenance & Machine Inspection

Customer Analytics

Network Security

Network Optimization

Self-Diagnostics

Virtual Assistance

Others

Predictive Maintenance & Machine Inspection

Material Movement

Production Planning

Field Services

Quality Control

Reclamation

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the��'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

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