Europe Citizen Services AI Market Size, Share & Industry Trends Analysis Report By Component (Solution and Services), By Technology, By Deployment Mode (On-premises and Cloud), By Organization Size, By Vertical, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Citizen Services AI Market would witness market growth of 38.9% CAGR during the forecast period (2022-2028).
Artificial intelligence offers ample opportunities for government organisations where they can forecast and plan to upgrade their legacy systems. In the recent past, artificial intelligence has been increasingly implanted in our virtual and physical environments. In an era of big data, current advancements in AI have propelled the future of our economy. Government organizations worldwide are testing AI applications in various citizen services worldwide.
The driving force finding the adoption of artificial intelligence by companies involves the application of AI services for customer satisfaction, enhanced organisational management, and data organisation sets. Various AI service providers have collaborated for the innovation & development of new products & services with research and development departments as well as government institutes to fulfil the rising demand for AI-powered technologies.
With innovative entrepreneurs, industrialists and tech start-ups based on scientific discovery, Europe is among the leaders in the artificial intelligence research and development community. Europe produces a large quantity of the world's industrial and professional service robots and tools in the field of health, logistics, security, energy, and farming, with a strong industry setup. Almost all major industries including manufacturing, healthcare, transport, e-government, and space technologies rely heavily on artificial intelligence.
The Germany market dominated the Europe Citizen Services AI Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,059.5 million by 2028. The UK market is anticipated to grow at a CAGR of 37.8% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 40% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Technology, the market is segmented into Machine Learning, Natural Language Processing, Image Processing, Face Recognition, and Others. Based on Deployment Mode, the market is segmented into On-premises and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into Government & Public Sector, Healthcare, Transportation, Energy & Utilities, Education & Training, and Agriculture. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Citizen Services AI Market will Hit $48.6 Billion by 2028, at a CAGR of 39.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ServiceNow, Inc., Microsoft Corporation, IBM Corporation, Accenture PLC, Amazon Web Services, Inc. (Amazon.com, Inc.), Nvidia Corporation, Intel Corporation, Alibaba Group Holding Limited, Tencent Holdings Ltd., and Pegasystems, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Machine Learning
- Natural Language Processing
- Image Processing
- Face Recognition
By Deployment Mode
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
- Government & Public Sector
- Energy & Utilities
- Education & Training
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- ServiceNow, Inc.
- Microsoft Corporation
- IBM Corporation
- Accenture PLC
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Nvidia Corporation
- Intel Corporation
- Alibaba Group Holding Limited
- Tencent Holdings Ltd.
- Pegasystems, Inc.
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