Industry Background:
Artificial Intelligence in Big Data Analysis uses natural language processing to recognise knowledge, identify different forms of data, and discover potential relationships between datasets. It can be used to facilitate data exploration as well as automate and expedite data preparation operations, such as creating data models. Artificial Intelligence in Big Data Analysis can help users at every stage of the big data cycle, which refers to the procedures involved in collecting, storing, and retrieving various kinds of data from multiple sources. These include goal and risk management, data management, pattern management, context management, decision management, and action management. Artificial Intelligence in Big Data can detect and resolve potential flaws in information by learning common human error patterns. It can also learn by observing how a user interacts with an analytics programme, quickly surfacing unexpected insights from massive datasets. AI can also learn subtle differences in meaning, as well as context-specific nuances, to assist users in better understanding numerical data sources. It can also notify users of anomalies or unexpected patterns in data, as well as actively monitor events and identify potential threats from system logs or social networking data.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Amazon (United States), AOL (United States), Apple (United States), Augury Systems (United States), Baidu (China), C-B4 (United States), Comfy (United States), Facebook (United States), Focus Motion (United States) and Glass beam (United States) |
This growth is primarily driven by Rising Adoption of Artificial Intelligence in Big Data Analysis in the Enterprise, Rapid Growth of Artificial Intelligence Applications, Artificial Intelligence Refer Customer Experience for Big Data Analysis and Surges Acceptance for Business Development.
Globally, a noticeable market trend is evident Artificial Intelligence Will Help Businesses Troubleshoot Skills Shortage
Major Players, such as Amazon (United States), AOL (United States), Apple (United States), Augury Systems (United States), Baidu (China), C-B4 (United States), Comfy (United States), Facebook (United States), Focus Motion (United States) and Glass beam (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The Global market of Artificial Intelligence in Big Data Analysis is included more number of player which are provide high number of services so the global market are less competition. In worldwide market of Artificial Intelligence in Big Data Analysis the presented companies follow the new launch or innovation of product for increasing their revenue and growth
Key Developments in the Market:
In 2020 Accenture has acquired Byte Prophecy, an automated insights and big data analytics company from India. Accenture expects the acquisition to help it meet the region's growing demand for enterprise-scale AI and digital analytics solutions. Accenture has assisted Byte Prophecy in better understanding customer pain points and fine-tuning our solution to respond to clients' needs with greater agility. The opportunity to join Accenture Applied Intelligence will allow Byte Prophecy to collaborate on building stronger assets and expanding our services to more clients in emerging markets. Byte Prophecy and Accenture are looking forward to exploring the numerous opportunities that this union will provide for Byte Prophecy employees and clients
On 7 June 2022 Synopsys Launches ML-Driven Big Data Analytics Technology. Synopsys Design Dash is a comprehensive data visibility and machine intelligence-guided design optimization solution that enables unrivalled productivity in advanced SoC design. It is a complementary product to Synopsys' market-leading Digital Design Family and Synopsys DSO.ai, the award-winning AI-driven design-space-optimization solution. The Synopsys Design Dash solution provides a unified, 360-degree view of all design activities in real time, allowing for faster decision making, a deeper understanding of run-to-run, design-to-design, and project-to-project trends, and improved collaboration in the SoC development process
Regulatory Insights:
In the United States, the Federal Trade Commission (FTC) has the authority to enforce data protection regulations at the federal level; however, due to its federalist structure, the actual enforceability is in doubt, and most regulations are mostly at the state level, leading to even more confusion as various state regulations are often incompatible with one another, impeding how companies across state lines operate. Organizations engaged in Big Data activities must also ensure compliance with any industry or region-specific regulations, such as the Health Insurance Portability and Accountability Act (HIPAA), which governs the use of "Protected Health Information," the Children's Online Privacy Protection Act, the Computer Fraud and Abuse Act, and region-specific regulations. The Massachusetts Data Security Act is one example of a state-specific regulation
Artificial Intelligence in Big Data Analysis Market Dynamics:
Attributes | Details |
---|
Growth Drivers | - Rising Adoption of Artificial Intelligence in Big Data Analysis in the Enterprise
- Rapid Growth of Artificial Intelligence Applications
- Artificial Intelligence Refer Customer Experience for Big Data Analysis
- Surges Acceptance for Business Development
|
Influencing Trends | - Artificial Intelligence Will Help Businesses Troubleshoot Skills Shortage
- Artificial Intelligence for Data Breach and Cybersecurity
- Improved Low Code and No-Code Technology
|
Restraints | - Data Quality
- Data Privacy and Security
- Algorithm Bias in Artificial Intelligence
|
Gaps & Opportunities | - Artificial Intelligence Can Provide Unexpected Business Intelligence for Organizations
- Enhance Knowledge On Their Customers And Improve Customer Interaction With The Company
|
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Artificial Intelligence in Big Data Analysis Market
- Analysis about New Entrants in Artificial Intelligence in Big Data Analysis Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Artificial Intelligence in Big Data Analysis Study Sheds Light on
The Artificial Intelligence in Big Data Analysis Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Artificial Intelligence in Big Data Analysis industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Artificial Intelligence in Big Data Analysis industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.