Artificial Intelligence Use Cases: 215 Use Case Descriptions, Examples, and Market Sizing and Forecasts Across Enterprise, Consumer, and Government Markets

LONDON, Aug. 24, 2017 /PRNewswire/ -- Vast amounts of data, faster processing power, and increasingly smarter algorithms are powering artificial intelligence (AI) applications and use cases across consumer, enterprise, and government markets around the world, enabling machines to speak, listen, move, and make decisions in unprecedented ways. As AI technologies and deployments sweep through virtually every industry, a wide range of use cases are beginning to illustrate the potential business opportunities, attract investment, and inspire changes to existing business processes while pointing the way to new business models.


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Tractica's analysis indicates that the opportunity for AI spans a wide range of industries and geographies and is particularly disruptive in highly domain-specific markets with high-volume data needs and ontologies, as well as those with growing applications for machine perception. From autonomous robots to algorithmic news stories, from product recommendations to processing patient data, and from virtual assistants to voice recognition, AI is widely considered one of, if not the next big technological shift, on par with past shifts like the industrial revolution, the computer age, and the smartphone revolution. Tractica forecasts that annual revenue generated from the direct and indirect application of AI software will increase from $1.4 billion in 2016 to $59.8 billion by 225.

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