At a CAGR of 29.79% over the projected period, the Artificial Intelligence (AI) in Marketing Market is anticipated to be worth USD 6.46 billion in 2018 and USD 40.09 billion by 2025. The need for AI-based marketing and sales solutions is primarily being driven by the growth in the adoption of customer-centric marketing tactics, an increase in the demand for virtual assistants, and an increase in the usage of social media for advertising.

Product launches, expansions, partnerships and collaborations, and acquisitions are the primary strategies used by the majority of businesses in the AI in Marketing market. Between 2016 and 2017, the most popular tactic among participants in the AI in marketing sector was product launch. Some of the top players who utilised this technique to gain growth in the AI in Marketing Market include Xilinx (US), Amazon.com (US), NVIDIA (US), Facebook (US), and Samsung Electronics (South Korea).

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=3175268

In 2016, NVIDIA dominated the hardware market for AI in marketing. It is a market leader in the field of visual computing. The company primarily works with significant OEMs and ODMs globally and has a well-established geographic reach. NVIDIA makes large R&D investments. NVIDIA introduced the NVIDIA GPU Cloud (NGC) container registry for AI developers anywhere in October 2017. Through free access to an extensive, user-friendly, and completely optimised deep learning software stack, NGC enables developers to get started with deep learning development in just a few simple steps.

Users of Amazon Elastic Compute Cloud (Amazon EC2) P3 instances with NVIDIA Tesla V100 GPUs can access the cloud-based service right away. Soon, NVIDIA intends to increase support for additional cloud platforms.

In terms of marketing solutions using AI, Alphabet was ranked first in 2016. A leading provider of hardware, enterprise, operating systems, and advertising, Alphabet is a multinational technology firm. In order to develop new AI products and solutions that can be enhanced over time and are more beneficial in the industrial arena, Alphabet has been consistently investing in machine learning. In order to create and combine Google's top cloud and machine learning solution with SAP corporate applications, Alphabet and SAP partnered in June 2017. Through this agreement, developers would be able to use SAP's in-memory database, which is powered by Google Cloud Platform, 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
Visit Our Website: https://www.marketsandmarkets.com