Artificial Intelligence – Techniques & Use Cases

The artificial intelligence (AI) market is estimated to grow from $0.42bn in 2014 to $5bn by 2020, at a CAGR of 54%. In another report, BofA Merrill reckons the market will blossom to $153bn over the next five years – $70bn for artificial intelligence-based systems, and $83bn for robots. That compares to roughly $58bn in 2014. This growth can be attributed to the factors such as diversified application areas, improved productivity, and increased customer satisfaction.

With recent advances, AI is gaining confidence to drive business growth. In this blog, I have taken a close look at inventory of AI Techniques / Technologies and applicable use cases. The following chart provide “Artificial Intelligence – Techniques & Use Cases” snapshot.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.