“According to SNS Insider, The Human-Centered AI Market Size was valued at US$ 8.2 billion in 2023 and is expected to reach US$ 39.5 billion by 2031 and grow at a CAGR of 21.6 % from 2024-2031”

The Human-Centered AI market research includes regional, application, and type-specific data, as well as market production, market share, revenue, and growth rate for each major business. For the projected term, the report also includes qualitative and quantitative market analyses. The study document also discusses a variety of corporate prospects and growth potential.

By disclosing market risks and restrictions, as well as the impact of various regulatory regimes, the Human-Centered AI market study provides executives with a business plan. This is done to help industries better plan their decisions and achieve their key objectives. A detailed analysis of the leading growth rate territory, an impression of geographical level break-up, regions with the highest market revenue, market size, upcoming technologies, geographical break-up, regulatory policies, and major company profiles and strategies are all included in the global market report.

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Market Segmentation

The analysis divides the Human-Centered AI market by platform, product, capacity, and geography to give readers a complete understanding of the industry. All market segments have been examined in terms of current and future developments. The global market is divided into four categories: company, type, application, and geography (country). For the time being, revenue and forecasting by regions, type, and application are the focus of the thorough segmental study.

KEY MARKET SEGMENTS:

By Function

Decision-Making & Support

Workflow Automation

Safety and Security

Assistance and Support

Collaboration and Others

By Application

Chatbots and Virtual Assistants

Medical Diagnostic

Quality Control

Personalized Learning

Fraud Detection & Risk Assessment

Human Resources

By End User

Retail & E-commerce

Healthcare

Automobile

Education

Transportation & Logistics

Manufacturing

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Russia-Ukraine War Impact on Human-Centered AI Market

The Russia-Ukraine issue, Europe's most serious conflict since WWII, occurs at a critical juncture for the global economy. It has dashed prospects of a global economic recovery from COVID19's ravages, at least for the time being. Economic sanctions, commodity pricing, and supply-chain disruptions are the three main ways via which the Russia-Ukraine war has impacted the world economy and financial markets. This Special Issue will study the influence of the conflict on the behavior of various economic agents, as well as the disruptions and implications for national and global financial markets. The research report covers all the possible impact of ongoing conflict on the global market.

KEY PLAYERS

The major key players are Accenture, IBM Corporation, Sentient Technologies, Microsoft Corporation, Google LLC, Nuance Communications, Cognizant, Amazon Inc., Apple Inc., OpenAI, NVIDIA Corporation, Salesforce Inc., Affectiva, BenevolentAI and Zebra Technologies. and other key players.

Opportunities

Human-Centered AI Market Opportunities: Enhanced user experiences, personalized services, healthcare advancements, workforce augmentation, ethical AI development, education innovations, social impact solutions, cross-industry collaboration, data privacy, and emerging market expansion. Embrace the potential for transformative growth and societal impact in this rapidly evolving landscape

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Regional Outlook

The Human-Centered AI market is divided into various distinct regions, each with its own revenue, market share, sales, and growth rates. Europe, South America, North America, Asia-Pacific, the Middle East, and Africa are just a handful of the regions covered. North America is predicted to maintain its worldwide dominance and gain considerable market share in both volume and value, whilst Latin America is expected to have a low market share in value.

Competitive Landscape

The worldwide Human-Centered AI market's competitive analysis section contains information and insights about the organizations. Competition, market overview by firm status, and prediction by area money earned in business are among the facts offered. These businesses employ product launches, collaborations, technological developments, agreements, and partnerships to increase market revenue.

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 Akash Anand – Head of Business Development & Strategy

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