Since then, course of the technology has been a like that of a rollercoaster, with a mix of waves of elevation and dip, nonetheless, in the more recent times has witnessed new approaches, success and renewed funding.
For example, the healthcare industry perceives AI and its many applications can improve patient care to a great extent, by way of diagnosing and treating patients or helping the elderly and disabled live fuller and healthier lives.
Taking a cue from the effectiveness of current AI systems, stakeholders in the AI market are making concerted efforts to develop early warning systems. Savvy players are reaching out to social platforms and news channels to obtain data and useful information, and use AI-based systems to extrapolate risk of occurrence in vulnerable regions.
The banking, financial services, and insurance sector reaps sizeable advantages with the deployment of AI for new customer-centric approaches and next-gen business processes.
Furthermore, banking compliance and financial forecasting processes are creating value grab opportunities for players in the artificial intelligence market.
However, the road ahead for self-driving cars to be established, negating the high risk of fatal accidents is quite long.
Robot Operating System MarketĀ – The global robot operating system market is expected to reach a value of US$ 438.0 Mn by 2027 on account of ever expanding robots across a number of industries.
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