Artificial intelligence and AI marketing technology can be used to automate decision-making based on data collection, analysis, and further observations of audience and economic trends. In the foreseeable future, artificial intelligence will continue to play an integral role in technologies like big data, robots, and IoT. This article on Top Artificial Intelligence Markets for 2022 will provide information on AI markets for you.
Below we have mentioned a few top artificial intelligence markets for 2022 –
AI in Fintech Market: The AI revolution has given rise to the fintech industry, bringing digital transactions and data aggregation to the forefront. Artificial intelligence has become a crucial part of fintech to catch and analyze data, process financial transactions, and create products geared toward customers.
Artificial Intelligence in Agriculture Market: As technology has advanced, agriculture has been significantly impacted in many ways, including itself. Moreover, a growing global population, which as per UN projections will reach 9.7 billion by 2050, will put more pressure on land since only an additional 4% of earth’s land will be cultivated by that time. The farmers will be forced to do more with less. The same survey indicates that food production has to increase by 60% in order to feed two billion additional people.
Artificial Intelligence in Marketing Market: The use of artificial intelligence in marketing is often essential for speed. AI tools can identify the most effective way to communicate with customers using customer profiles, and then serve them customized messages at the right time without marketing team involvement.
Artificial Intelligence in Security Market: A machine can be said to be intelligent when it’s able to do things on its own without any human guidance. Thus, AI security involves using AI to identify and stop cyber threats with less human involvement than is typical with conventional security strategies. Often, AI-based security tools are used to identify “good” from “bad” by comparing behaviors among entities in an environment. In this way, the system can automatically detect changes.
AI in Education Market: In the education sector, Machine Learning (ML) and Artificial Intelligence (AI) are driving growth and innovation. In the next three years, upwards of 47% of learning management tools will have AI functionality. The EdTech space has had AI-powered solutions for some time, but adoption has been slow. Due to the pandemic, educators were forced to turn to technology to conduct virtual learning. Now, 86% of educators agree that technology should play a key role in education.
AI in Social Media Market: Artificial intelligence has grown so greatly in popularity that it is a key part of social media platforms in the present day. Artificial intelligence is bringing benefits to social media platforms including Facebook, Snapchat, and Twitter. Voice bots, identification visuals, and enhanced security are all examples of how social media platforms are utilizing artificial intelligence, entirely at the discretion of the platform owner.
In the next decade, artificial intelligence will be the biggest business opportunity. Let’s take a look at some more top artificial intelligence markets for 2022.
AI in Telecommunication Market: AI-based technologies can be extremely useful in the telecommunications industry. By applying artificial intelligence to telco companies, they are able to develop highly personalized products, streamline fulfillment processes, and improve network management, allowing them to offer more attractive services and increase customer retention.
Artificial Intelligence (AI) in Construction Market: Through the use of artificial intelligence, construction players can realize value throughout the project lifecycle, including planning, bidding, and financing, procurement, construction, operations, and asset management, as well as business model transformation. Using artificial intelligence in construction helps the industry address some of its most significant challenges, including safety concerns, labor shortages, and cost and schedule overruns.
Artificial Intelligence in Retail Market: AI in retail is taking center stage as online shopping replaces brick-and-mortar stores. During this digital age when consumers are constantly seeking personalized products and services, artificial intelligence solutions in retail are assisting retailers in aligning their offerings with their customers’ expectations.
Artificial Intelligence In BFSI Market: With the help of artificial intelligence, banks become efficient, trustworthy, helpful, and more understanding. This increases their competitive edge in this digital age. As artificial intelligence becomes more widely used, it reduces operational costs and improves customer service and process automation.AI in banking also allows users to select loan amounts at an attractive interest rate.
Artificial Intelligence in Energy Market: Generalizing, there is great potential for machine learning and artificial intelligence to handle the problem of finding the right balance between supply and demand in energy matters. Apart from the two major areas of reliable forecasts and smart grids, there are many other aspects involved with which great advances are to be expected, such as prevention of power theft or detection and prediction of power outages.
Artificial Intelligence in Manufacturing Market: The most widely-used application of artificial intelligence (AI) in manufacturing is to improve overall equipment efficiency (OEE) and production yields. Manufacturing companies can use artificial intelligence, in the long run, to improve quality and consistency, allowing for better forecasting.
AI In Asset Management Market: The asset management industry is experiencing a transformation thanks to artificial intelligence, which makes it possible for fundamental analysts to research and extract more information faster, so they can uncover accurate investment insights. Unstructured datasets can be analyzed with artificial intelligence and natural language processing (NLP).
AI in Auto Insurance Market: The process of getting auto insurance has gotten much easier and faster due to artificial intelligence. There is no doubt that India is one of the most rapidly growing auto insurance markets – but the sector has relied on traditional methods to renew lapsed policies and file repair claims until now.
AI in Fashion Market: The fashion industry has always been at the forefront of technological innovation, whether it is through sewing machines or the eCommerce market. Innovations such as artificial intelligence (AI) or machine learning in the fashion industry in the 21st century are revolutionizing every facet of this forward-looking industry.
Artificial Intelligence In Genomics Market: AI was hitting the headlines in medical news before attention shifted to the COVID-19 pandemic in recent months. In most weeks, high-profile publications were released, or AI initiatives were announced to advance medical research or transform healthcare. The expectations for AI in genomics are high.
The top artificial intelligence markets for 2022 also include the markets from healthcare sector. Two of them are listed below –
Artificial Intelligence in Diabetes Management Market: Despite rapid scientific advances in healthcare, diabetes remains a lifelong disease. Diabetes education aimed at improving self-management skills is an important component of helping patients improve their metabolic control and quality of life. A significant amount of progress has been made in transforming genetic information and clinical information into meaningful knowledge through artificial intelligence (AI) technologies.
Artificial Intelligence in Medical Diagnostics Market: Overworked medical practitioners and facilities benefit from AI-based medical diagnosis and healthcare, thereby minimizing workload pressure and maximizing practitioner efficiency. It is useful for the diagnosis of cancer, identifying critical findings in medical imaging, alerting radiologists to life-threatening cases, diagnosing cardiac arrhythmia, predicting stroke outcomes, and managing chronic diseases.
We hope you found this article on top artificial intelligence markets for 2022 helpful.