What is Citizen Services AI?
In order to surging automation and agility, the need for IT modernization in government departments increased cost savings are the major growth factors for the market. It also offers strategies for governments as they consider implementing AI. While the potential future use cases of AI in government remain bounded by government resources and the limits of both human creativity and trust in government, the most obvious and immediately beneficial opportunities are those where AI can reduce administrative burdens, help resolve resource allocation problems, and take on significantly complex tasks
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | AWS (United States), Microsoft (United States), Accenture (United States), Alibaba (China), IBM (United States), NVIDIA (United States), Intel (United States), Tencent (China), Pegasystems (United States), Baidu (China) and ADDO AI (Singapore) |
CAGR | 45.9% |
The Global Citizen Services AI market is expected to see growth rate of 45.9% and may see market size of USD9.4 Million by 2028. The study covers a detailed analysis segmented by key business segments i.e. , by application (Traffic and Transportation Management, Healthcare, Public Safety, General Services and Others) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Citizen Services AI market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Citizen Services AI market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are AWS (United States), Microsoft (United States), Accenture (United States), Alibaba (China), IBM (United States), NVIDIA (United States), Intel (United States), Tencent (China), Pegasystems (United States), Baidu (China) and ADDO AI (Singapore).
European Union laws (GDPR) is taking important measures to protect data privacy and is expected to impact ~4% of global annual sales. California Consumer Privacy Act (CCPA) is passing a law for protection of data in United States which will be effective by January, 2020. It is expected to be country’s highest commendable security and privacy law. Also, SEC is taking risk prohibiting steps to overcome breaches in financial sectors specific to public listed companies to increase risk assurance.
Influencing Trend:
Growing Demand for Automation
Market Growth Drivers:
Need for IT Modernization and Integration of AI and Analytics With Citizen Services
Challenges:
Integration Issues With Organisations’ Internal Processes and Lack of Expertise and Infrastructure Among End Users
Restraints:
Lack of Awareness Among Government Organisations About New Technologies
Opportunities:
Growing Demand for Image Recognition Applications to Identify People, Places, and Objects and Advent of New Technologies
Key highlights of the Global Citizen Services AI market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Citizen Services AI market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Citizen Services AI market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Citizen Services AI Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Citizen Services AI market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Citizen Services AI market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Citizen Services AI Software Providers, System Integrator, End User Industries and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.