Computer Science

[New] Half of Australian businesses are exploring the use of artificial intelligence (AI), with 35% already using it in selected functions and 95% say they expect their use of cognitive and AI technology to increase or increase significantly over the next three years.
[New] By 2021, the market for AI in healthcare is expected to reach US$6.6 billion, with an annual growth rate of 40 percent.
[New] By 2021 organizations worldwide will create $2.9 trillion of business value and some 6.2 billion hours of worker productivity by harnessing AI to support decision-making, improve efficiencies and to enable new applications.
[New] AI could help to boost the UK economy by 22 pc in the next decade by making companies more productive, and fast-moving businesses could grow by 120 pc in value if they invest in AI tools.
[New] More broadly, the use of AI in the global health care market is expected to grow from US$2.1 billion in 2018 to US$36.1 billion by 2025.
[New] In 2021 AI augmentation will create $2.9trn of business value and save 6.2bn man-hours globally.
[New] The global market for AI is expected to cross USD17 billion by the end of the year 2020.
[New] The market for AI in security is expected to reach more than $35 billion by 2024.
[New] The emergence of a new form of AI, or a second wave of AI, known as augmented AI is so significant that Gartner is predicting that by 2021 it will be creating up to $2.9 trillion of business value and 6.2 billion hours of worker productivity globally.
[New] The global AI market, including technologies such as machine learning, image processing, natural language processing, and speech recognition, will reach a value of more than $191 billion by 2024.
[New] Gartner has predicted that by 2024, Data Scientists will not be needed for adopting Data Science and advanced AI technologies in organizations.
The AI in elder care market is expected to exceed US$5.5 billion by 2022, and will grow into one of AI's most important support roles in societies of the future.
The AI in healthcare market is expected to grow from USD2.1 billion in 2018 to USD36.1 billion by 2025, at a CAGR of 50.2% during the forecast period with Deep Learning expected to hold the largest size of the AI healthcare market.
Global Computer Graphics Market is expected to reach USD280.15 billion by 2025 from USD180.53 billion in 2017 and is projected to grow at a CAGR of 6.5% the forecast period of 2018 to 2025.
With worldwide spend on cognitive and AI systems projected to reach $77.6 billion in 2022, businesses across the globe have started to integrate AI into their systems in order to streamline efficiencies.
Artificial Intelligence, AI, will contribute more than $15 trillion US dollars to the world economy by 2030.
The AI market is projected to become a $190 billion industry by 2025, and global spending on cognitive and AI systems is expected to reach $35.8 billion in 2029, an increase of 44.0% over the amount spent in 2018.
Technavio's Artificial Intelligence Market in the US Education Sector 2018-2022 report predicts a nearly 48 percent growth rate for AI tools over the next three years.
The business value created by AI could reach $3.9 t by 2022, and worldwide spending on cognitive and AI systems to reach $77.6 b by 2022.
The Global Artificial Intelligence (AI) Robots Market is expected to grow with a significant rate during the forecast period 2019-2025, owing to.
In 2021, AI augmentation (a human-centered partnership model of people and AI working together to enhance cognitive performance) will create $2.9 trillion of business value and 6.2 billion hours of worker productivity globally
The global artificial intelligence (AI) market in healthcare sector 2019-2023 is expected to post a CAGR of more than 28% during the period 2019-2023.
Investors and acquirers will tend towards targets that focus on automation via disruptive technology, such as real-time payment processing technology; AI chatbots; and mobile banking, as in-person branch visits are set to fall 36 per cent between 2017 and 2021.

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Last updated: 17 September 2019