New York, NY, May 23, 2023 (GLOBE NEWSWIRE) -- Polaris Market Research has published a new research report titled “Citizen Services AI Market Share, Size, Trends, Industry Analysis Report, By Technology; By Component; By Organization Size; By Deployment Mode; By Verticals; By Region; Segment Forecast, 2023 - 2032” in its research database.
“As per the latest research analysis, the global citizen services ai market size/share will be valued at roughly USD 6.35 Billion in 2022, and its revenue is projected to reach about USD 237.39 Billion By 2032. The market is forecasted to expand at a compound annual growth rate of approximately 43.7% between 2023 and 2032.”
What is Citizen Services AI? How Big is Citizen Services AI Market Size & Share?
The foremost citizen services AI technologies include machine learning, natural language processing, image processing, and face recognition. Machine learning is utilized to inflate adept acumen to massive data sets. The rapidly rising demand for citizen services AI market can be attributed to its usage to approach justice, help users in traversing healthcare systems and standardize knowledge.
Enhancing citizen services, demand for digital conversion in the government sector, and escalating costs of automation of manual procedures to relieve pressure are some factors that propel the business advancement of artificial intelligence for citizen services. Also, the depletion in administrative weight, intricate task execution, and assistance to settle allotment issues spearheaded the market growth.
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Market Drivers
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Top Report Findings
Top Trends Influencing the Market
Segmental Analysis
Based on technology, the machine learning segment accounted for the largest market share. Citizen services AI market demand is on the rise due to this technology procuring escalated approval and traction as it can dependably and swiftly scan, inspect, and respond to irregularities and impulsively enhance the cohesive performance with experience which in succession propels the segment market growth at a speedy pace.
Based on components, the solution segment dominated the global market. Citizen services AI market trends include continuous escalation in the confederation of artificial intelligence covering several firms to handle and obtain information productively and service inspections from government firms more efficiently.
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Citizen Services AI Market: Report Scope & Coverage
Report Attribute | Details |
Revenue Forecast in 2032 | USD 9.10 Billion |
Market size value in 2023 | USD 73.72 Billion |
Expected CAGR Growth | 43.7% from 2023 – 2032 |
Base Year | 2022 |
Forecast Year | 2023 – 2032 |
Top Market Players | IBM Corporation, NVIDIA, Microsoft Corporation, AWS, Accenture, Automation Anywhere, Pegasystems Inc, OpenText, Amazon Web Services Inc., Intel Corporation, Alibaba Group Holding Limited, Tencent Holdings Ltd., ServiceNow Inc., ADDO, Alfresco, Voyager Labs, Waymo, and Baidu. |
Segments Covered | By Technology, By Component, By Organization Size, By Deployment Mode, By Verticals, By Region |
Customization Options | Customized purchase options are available to meet any research needs. Explore customized purchase options |
Geographic Overview
North America: This region held the largest citizen services AI market share due to the growing distribution of AI solutions for citizen services, extensive usage of AI in several end-use applications, and the existence of the most advanced markets of the world in the region.
Asia Pacific: Increasing application of 5G technology in countries such as India, China, South Korea, and Japan and several accomplished game plans that have been inferred by government agencies in these countries, together with enormous escalation in start-up registration covering the region.
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