Top 15 Use Cases for Artificial Intelligence

Practical AI Use Cases for Big Data, Vision, and Language Applications: Strategic Analysis and Market Outlook

White Paper Details

Pages:23
Tables, Charts, Figures:4
Release Date:4Q 2016

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Artificial intelligence (AI) is an umbrella term that includes multiple technologies, such as machine learning, deep learning, computer vision, natural language processing (NLP), machine reasoning, and strong AI. Tractica defines AI as an information system that is inspired by a biological system designed to give computers the human-like abilities of hearing, seeing, reasoning, and learning. AI has applications and use cases in almost every industry vertical and is considered the next big technological shift, similar to past shifts like the industrial revolution, the computer age, and the smartphone revolution.

The AI market may be enabled by technology, but ultimately it is a more practical focus on use cases that will define the business of AI.  Based on Tractica’s comprehensive analysis of more than 300 potential use cases, this white paper provides details and insights on the top 15 use cases, in terms of revenue potential during the next decade, that represent the industry’s most promising areas for implementation and growth.  The paper includes real-world case study examples, an assessment of which industry players are pursuing specific applications, and a quantification of the market opportunity for each of the top use cases.

This Tractica white paper presents the top 15 use cases for artificial intelligence, based on their cumulative AI software revenue opportunity during the period from 2016 through 2025. The forecast data presented is part of a larger report published by Tractica, Artificial Intelligence Market Forecasts. This paper provides a deeper qualitative assessment of the top 15 use cases, the categories of which they are part, and an overview of the industries that are represented. The white paper also includes strategic business recommendations for anyone that is looking at taking advantage of the artificial intelligence market opportunity.

Key Questions Addressed:

  • What are the top use cases for artificial intelligence, in terms of revenue opportunity during the next decade?
  • How are the key use cases categorized and what will be the key industries for their implementation?
  • Who are some of the key industry players who are leading early deployments of these use cases?
  • What business models are being utilized for various use cases?
  • What are some of the key business considerations and strategic recommendations for industry participants?

Who Needs This Report?

  • Artificial intelligence technology companies
  • Software companies
  • Semiconductor and component vendors
  • Service providers and systems integrators
  • End-user organizations deploying AI systems
  • Industry organizations
  • Government agencies
  • Investor community

Table of Contents

  1. Introduction
  2. Artificial Intelligence Use Cases
    1. Use Case Matrix
    2. Top 15 Use Cases by Revenue
    3. Use Cases
      1. Static Image Recognition, Classification, and Tagging
      2. Algorithmic Trading Strategy Performance Improvement
      3. Efficient, Scalable Processing of Patient Data
      4. Predictive Maintenance
      5. Object Identification, Detection, Classification, and Tracking from Geospatial Images
      6. Text Query of Images
      7. Automated Geophysical Feature Detection
      8. Content Distribution on Social Media
      9. Object Detection and Classification – Avoidance, Navigation
      10. Prevention against Cybersecurity Threats
      11. Contract Analysis
      12. Text-Based Automated Bots
      13. Sensor Data Analysis (Internet of Things)
      14. Sensor Data Fusion
      15. Human Emotion Analysis
  3. Business Considerations and Strategic Recommendations
    1. Artificial Intelligence Is Not a Panacea
    2. The Risk of Overselling Artificial Intelligence
    3. Data Is a Key Asset for Artificial Intelligence, But So Are Algorithms
    4. Algorithmic Bias Can Have Unintended Consequences
  4. Acronym and Abbreviation List
  5. Table of Contents
  6. Table of Charts and Figures
  7. Scope of Study, Sources and Methodology, Notes
  8. Additional Reading
  9. AI World Conference & Expo

List of Charts and Figures

  • Cumulative Artificial Intelligence Revenue, Top 15 Use Cases, World Markets: 2016-2025
  • Tractica Research Methodology

List of Tables

  • Top 15 Use Cases by Category
  • Top 15 Use Cases by Industry