Global AI in the medical coding market is anticipated to grow at a moderate CAGR of 13.7% during the forecast period (2024-2031). AI technologies are being used in various healthcare applications to enhance coding accuracy, improve revenue cycle management, detect fraud, and provide clinical decision support. These applications leverage AI algorithms and data analysis tools to assist […]
Category Archives: Artificial Intelligence
Global AI in fashion market is anticipated to grow at an exponential CAGR of 26.0% during the forecast period (2024-2031). AI is revolutionizing the fashion industry by offering a range of advanced tools and technologies. These include personalized product recommendations, visual search capabilities, virtual try-on solutions, demand forecasting, trend forecasting, supply chain optimization, customer service chatbots, and […]
Global artificial intelligence (AI) in beauty and cosmetics market is anticipated to grow at a significant CAGR of 19.6% during the forecast period (2024-2031). AI-powered skincare tools use computer vision and machine learning algorithms to analyze skin conditions, provide personalized skincare recommendations, and enable virtual try-ons and makeup simulations. It additionally analyze skin tone, undertones, and other […]
The global artificial intelligence (AI) in banking market is anticipated to grow at a CAGR of 25.1% during the forecast period. There is an exponential increase in the number of people using mobile devices and internet such as smart phones and tablets according to International Telecommunication Union, that approximately 5.4 billion people – or 67 per cent […]
Global AI-enabled testing market is anticipated to grow at a significant CAGR of 17.4% during the forecast period. The growing shift of users towards adoption of intelligent automation in testing, utilizing AI to automate test case generation, execution, and analysis for faster release cycles and improved accuracy driven the market demand. The new release of AI-powered featured […]
Global AI-based clinical trial solutions for patient market is anticipated to grow at a significant CAGR of 22.6% during the forecast period (2024-2031). AI technologies play a significant role in various aspects of clinical trials. It contribute to personalized medicine and biomarker discovery by analyzing genomic, proteomic, and other omics data to identify biomarkers associated with disease […]
Global AI training dataset market is anticipated to grow at a significant CAGR of 17.9% during the forecast period (2024-2031).AI training datasets have a wide range of applications across various industries. It is used for tasks such as speech recognition, predictive analytics, recommendation systems, healthcare diagnostics, training autonomous systems, fraud detection, virtual reality, augmented reality, and content […]
Global AI powered storage market is anticipated to grow at a significant CAGR of 17.4% during the forecast period (2024-2031). The AI-powered storage sector is anticipated to see significant expansion in China mainly due to rapid advancements in AI R&D, alongside improvements in its digital infrastructure. With strong government backing for AI technology and initiatives such as […]
The global artificial intelligence (AI) in telecommunication market is anticipated to grow at a CAGR of 41.4% during the forecast period. AI is widely used in customer service and support, predictive maintenance, fraud detection and prevention, quality of service (QoS) management, IoT device management, and data analytics. In customer service and support, AI-driven chatbots and virtual assistants […]
Global AI in renewable energy market is anticipated to grow at a CAGR of 24.8% during the forecast period. Considering the benefits of Artificial Intelligence (AI) in renewable energy, regulators and governments globally are also promoting the use of AI in clean energy by introducing better policies and investments. For instance, in August 2023, the UK government […]