Market Research Future (MRFR) has published on the “Global Artificial Intelligence Based Personalized Market”.
Market Research Future (MRFR) has published a cooked research report on the "Global Artificial Intelligence Based Personalized Market" that contains information from 2018 to 2032. The artificial intelligence based personalized market is estimated to register a CAGR of 4.80% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Artificial Intelligence Personalized market— Bounteous, Inc., Adobe Systems Inc., Accenture, Copyright Blueshift Labs, Inc., H2O.ai., Infinite Analytics, Amazon.com Inc., Crownpeak Technology, Inc., Apple Inc., Alphabet Inc.
Artificial Intelligence Based Personalized Market Highlights
The global Artificial Intelligence Personalized Market is accounted to register a CAGR of 4.80% during the forecast period. It is estimated to reach USD 672.19 billion by 2032.
The rising penetration of mass marketing, increasing customer data creation, and increased online activity utilization are the major drivers for the growth of the artificial intelligence-based Personalized market. The biased algorithms and assault on privacy are restraining the market growth. Additionally, advanced technology, investment into new industries, and emerging innovative products are anticipated to promote the growth of the global Artifartificial lintelligence based Personalized.
Segment Analysis
The global Artificial Intelligence Based Personalized market has been segmented based on type, technology, and application.
On the basis of type, the market is segmented into website personalization, display ads personalization, social media personalization, email personalization, and others. The website personalization segment was attributed to holding the largest market share in 2022 due to businesses customizing their websites to each customer's wants.
Based on technology, the global artificial intelligence-based Personalized market has been segmented into machine learning, deep learning, and natural learning processing. The machine learning segment was expected to hold the largest market share in 2022 due to the delivery of genuinely personalized emails and messages.
Based on application, the global Artificial Intelligence Based Personalized market has been segmented into travel, retail, media & entertainment, and others. The retail segment was expected to hold the largest market share in 2022 due to support organizations tailoring their marketing campaigns.
Regional Analysis
The global Artificial Intelligence Based Personalized market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of U.S. and Canada. The Europe Artificial Intelligence Based Personalized market comprises of Germany, France, the U.K., Italy, Spain, and the rest of Europe. The Artificial Intelligence Based Personalized market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Artificial Intelligence Based Personalized market comprises of Middle East, Africa, and Latin America.
The largest market share for Artificial Intelligence Based Personalized was maintained by the North American regional sector. This increase is attributed to the occurrence of big data and A.I. technologies in the region. Additional factors promoting market growth include increased investor investments, government support, and the viability of the technology in the area. The implementation of stringent rules, several retailers, and e-commerce companies all have an impact on the U.S. market.
Moreover, the Europe market has been persistently growing over the forecast period. The demand for artificial intelligence-based Personalized is driven by rising investment in digitalization.
Additionally, due to the increasing emphasis placed on a high customer base and a rapidly growing economy, Asia Pacific is anticipated to experience the quickest growth over the forecast period. The Asia Pacific market will benefit from a growing emphasis on customer preferences.
Furthermore, the rest of the world's Artificial Intelligence Based Personalized market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's rising online activity utilization. Government support, a rise in investor interest, and the viability of technology in the sector are all contributing factors to the expansion of the market.
Key Findings of the Study
- The global artificial intelligence-based Personalized market is expected to reach USD 672.19 billion by 2032, at a CAGR of 4.80% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market due to the increasing emphasis placed on a high customer base and a rapidly growing economy.
- Based on application, the retail segment was attributed to holding the largest market in 2022, with an approximate market share of X–X%.
- Bounteous, Inc., Adobe Systems Inc., Accenture, Copyright Blueshift Labs, Inc., H2O.ai., Infinite Analytics, Amazon.com, Inc., Crownpeak Technology, Inc., Apple Inc., Alphabet Inc.
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Companies Covered | 15 |
Pages | 100 |
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