(ZY.4.04) Cognitive Science

Artificial Intelligence (AI) is predicted to add £232 billion to the UK economy by 2030, and one industry set to benefit from what it offers is leisure.
The military artificial intelligence (AI) and cybernetics market witnessed a revenue of $4.77 billion in 2018: The market is projected to reach $13.11 billion 2024 and is anticipated to grow at a CAGR of 18.66% during the forecast period.
With a market projected to reach $70 billion by 2020, artificial intelligence is poised to have a transformative effect on consumer, enterprise, and government markets around the world.
The UK's pavilion at the Dubai World Expo 2020 will use artificial intelligence to write poems in a giant illuminated message to space.
The global market for memory and processing semiconductors used in artificial intelligence (AI) applications will soar to $128.9 billion in 2025, three times the $42.8 billion total in 2019.
Global Artificial Intelligence in Healthcare Market is expected to rise from its initial estimated value of USD 2.07 billion to an estimated value of USD 54.10 billion by 2026, registering a CAGR of 50.37% in the forecast period of 2019-2026.
A challenging economic climate may persist this year: according to the Global Risks Perception Survey, members of the multistakeholder community see economic confrontations and domestic political polarization as the top risks in 2020.
Global spending on artificial intelligence (AI) will reach $35.8 billion in 2019, a 44% increase over the previous year.
The Artificial Intelligence In Aviation market is expected to be valued at USD 152.4 Million in 2018 and is likely to reach USD 2,222.5 Million by 2025, at a CAGR of 46.65% during the forecast period.
Artificial intelligence in Retail market is expected to grow from US$ 712.6 million in 2016 to US$ 27,238.6 million by 2025 at a CAGR of 51.2% between 2017 and 2025.
The Global Artificial Intelligence in Aviation Market is expected to reach USD 2209.03 million by 2025, from USD 110.4 million in 2017, growing at a CAGR of 45.4% during the forecast period of 2018 to 2025.
Artificial Intelligence (AI) will double growth rates for 12 developed countries by 2035 and increase labor productivity by as much as a third.
Artificial Intelligence (AI) will create value in the range of USD1.8 to 3 trillion a year by 2030 in Asia.
In 2017, Beijing laid out plans to become the world leader in artificial intelligence by 2030, with the aim of making the industry worth 1 trillion yuan ($147.7 billion).
The Artificial Intelligence in Transportation Market is projected to grow at a CAGR of 17.87% during the forecast period from 2017 to 2030, and the market size is expected to grow from USD 1.21 billion in 2017 to USD 10.30 billion by 2030.
The Artificial Intelligence market is expected to reach USD 190 Billion by 2025, growing at a CAGR of 36% between 2018 and 2025.
In the coming years, online businesses are expecting to deploy new technologies such as artificial intelligence and even voice assisted systems to open up a whole new world for the online retail experience.
The global artificial intelligence in modern warfare market was valued at USD 1036.584 million in 2018, and it is expected to reach a value of USD 7687.182 million by 2024, at a CAGR of 40.25% during 2019-2024.
Three-quarters of C-level executives believe if they do not move beyond experimentation to aggressively deploy artificial intelligence (AI) across their organizations they risk going out of business by 2025.
The global market for artificial intelligence (AI) in agriculture is growing at a staggering rate of 23% annually and is expected to hit USD2 B in 2024.
Spending on artificial intelligence in the Middle East and Africa is expected to grow almost 43 per cent year-on-year this year as local businesses invest more on AI-enabled projects and platforms.
A year removed from its ascension to the top in global Artificial Intelligence (AI) venture capital investment, China is now bumped back to second place by the resurgent United States: the gulf between the United States and China will continue to get wider, with the U.S. share expected to reach 70%.
The artificial intelligence (AI) in agriculture market was valued at USD 432.2 Million in 2016 and is expected to be valued at USD 2,628.5 Million by 2025, at a CAGR of 22.5% during the forecast period.

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Last updated: 18 February 2020