Global AI Software Market Assessment 2020-2025 - Robust Digitization Opportunities in Asia-Pacific's Chemicals Industry

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Jul 28, 2020, 13:15 ET

DUBLIN, July 28, 2020 /PRNewswire/ -- The "Global Artificial Intelligence (AI) Software Market, Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The global AI software market revenue will grow at a CAGR of 41.6% between 2019 and 2025, with IBM representing the highest revenue among all competitors during 2016-2018.

The forecast share of Asia-Pacific (including China) in the total market revenue of the chemical industry in 2020 is about 60%, representing more digitization opportunities in the region. This trend has been led by raising the importance of safer operations in chemical production processes, which is one of the main benefits of AI application in this industry, along with the need for smart and green manufacturing.

In the automotive industry, the global AI market revenue will grow at a CAGR of 51.3% between 2019 and 2025, with the Asia-Pacific region expected to represent the fastest growth.

The global AI market revenue in the healthcare industry will grow at a CAGR of 25.4% between 2019 and 2025, with North America contributing the highest share. Interest in the potential of AI in applications such as drug discovery, medical imaging and diagnostics, predictive analytics, clinical decision support, and lifestyle and chronic condition management has been growing, as shown by the high rate of new companies entering the market every year.

Major Issues Addressed

What are the main applications of AI in the chemicals industry? How is the AI market in this industry and what are the main drivers and barriers?
What are the main applications of AI in the automotive industry? How is the AI market in this industry and what are the main drivers and barriers?
What are the main applications of AI in the healthcare industry? How is the AI market in this industry and what are the main drivers and barriers?
How is the application of AI leading to more efficient manufacturing in the chemicals industry?
How much revenue will AI generate for each of these industries?

Companies Mentioned

BASF
DowDuPont
IBM
Sumitomo Chemicals

Key Topics Covered

1. Executive Summary

Key Findings
CEO's Perspective

2. Market Scope and Definitions

Market Scope
Defining Artificial Intelligence
AI Applications
AI Application in Manufacturing
Global AI Software Market - Revenue Forecast
APAC AI Software Market - Revenue Forecast
Role of AI in Industry
Industrial AI Requirements

3. Application of AI in the Chemicals Industry

Areas of AI Application
Production Disturbance
Global Chemicals Industry - Revenue Forecast by Region
Why is Digitalization Important in the Chemicals Industry?
Chemical Companies - Employee Expectations
Chemical Companies Moving Toward Digitalization - BASF
Chemical Companies Moving Toward Digitalization - DowDuPont
Chemical Companies Moving Toward Digitalization - Sumitomo Chemicals
AI in Chemicals Industry - Key Enablers and Barriers

4. Application of AI in the Automotive Industry

AI in the Automotive Industry
Major Automotive AI Market Participants
Main Applications of AI in the Automotive Industry
Global AI Market in the Automotive Industry
APAC AI Market in the Automotive Industry
Automotive AI Market - Key Enablers and Barriers

5. Application of AI in the Healthcare Industry

Application Areas
Global AI Market in the Healthcare Industry
AI Application in Healthcare
AI Application in Healthcare - Potential Benefits by 2026
APAC AI Market in Healthcare Industry
Healthcare AI Market - Key Enablers and Barriers

6. Growth Opportunities and Companies to Action

Growth Opportunity 1
Growth Opportunity 2
Strategic Imperatives for Success and Growth

7. Conclusions

For more information about this report visit https://www.researchandmarkets.com/r/t6t3n1

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