The Artificial Intelligence (AI) in Marketing Market is expected to be valued at USD 6.46 Billion in 2018 and is likely to reach USD 40.09 Billion by 2025, at a CAGR of 29.79% during the forecast period. Growth in the adoption of customer-centric marketing strategies, increase in demand for virtual assistants, and increased use of social media for advertising are the major factors driving the demand for AI-based Marketing and sales solutions.
The key strategies adopted by most companies in the AI in Marketing Market include product launches, expansions, partnerships and collaborations, and acquisitions. Product launch was the most preferred strategy by players in the AI in marketing market between 2016 and 2017. Xilinx (US), Amazon.com (US), NVIDIA (US), Facebook (US), and Samsung Electronics (South Korea) are some of the leading players that adopted this strategy to achieve growth in the AI in marketing market.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=3175268
NVIDIA held the first position in the AI in Marketing Market for hardware in 2016. It is one of the global leaders in the visual computing business. The company has a well-established geographic footprint and mainly deals with major OEMs and ODMs worldwide. NVIDIA makes substantial investments in R&D. In October 2017, NVIDIA launched NVIDIA GPU Cloud (NGC) container registry for AI developers worldwide. In just a few steps, NGC helps developers get started with deep learning development through no-cost access to a comprehensive, easy-to-use, fully optimized deep learning software stack.
The cloud-based service is available immediately to the users of Amazon Elastic Compute Cloud (Amazon EC2) P3 instances featuring NVIDIA Tesla V100 GPUs. NVIDIA has plans to expand support to other cloud platforms soon.
Alphabet was ranked first in the AI in Marketing Market for solutions in 2016. Alphabet is a global technology company offering search engine, advertising, operating systems and platforms, enterprise, and hardware products. Alphabet has been investing continuously in machine learning to build new AI products and solutions, which can be improved over time and be more useful in the manufacturing domain. In June 2017, Alphabet and SAP formed a partnership to develop and integrate Google’s best cloud and machine learning solution with SAP enterprise applications. This partnership would help developers get the benefit of SAP’s in-memory database that runs on Google Cloud Platform, allowing developers to store and index data in SAP HANA.
Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-in-marketing-market-3175268.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/ResearchInsight/artificial-intelligence-in-marketing-market.asp
