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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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