Artificial Intelligence: Trends and Startups 2019
Next Global Tech 50
We have prepared a series of research reports on the new generation of companies across several sectors around the globe. Our coverage includes 11 industries that have been affected the most by cutting-edge technology and are likely to shape the international economic landscape of tomorrow. This series is to be presented during the World Innovators Meet 2019, an annual event that gathers global leaders from a variety of fields at the heart of Beijing.
In this report, EqualOcean depicts the most significant AI industry trends and presents 50 potentially game-changing startups that have proven their ability to grow and scale. Here are some key highlights from our study.
AI companies listed in this report raised a total amount of USD 31.32 billion; the US, China, UK, and Israel lead the list.
US dominates the AI area with 197 startups that secured investments while China has 59 AI startups that raised a total of USD 6 billion, ranking the second in AI investment activities.
The percentage of enterprises that have deployed AI grew from 4% to 14% worldwide between 2018 and 2019; an additional 23% of the enterprises are set to use AI within the next 12 months.
In 2017, the global AI in banking, financial services, and insurance (BFSI) market size was estimated at USD 2.5 billion, and it is expected to reach USD 19.8 billion by 2025, with a CAGR of 29.6% from 2018 to 2025.
The Netherlands, Singapore, Norway, the US, and Sweden are the top five among the 25 countries that are best prepared for autonomous driving in terms of technology, policy, infrastructure, and consumer acceptance.
Next Global Tech 50: Artificial Intelligence
We expect AI to achieve intelligence ubiquitous in nature. Swarm intelligence – the higher intelligence amplified by combining individual intelligence – is another direction of artificial intelligence. It learns from nature and will be promoted by improved telecommunication technologies and fundamental computing power.
EqualOcean has compiled global AI companies that, according to our analysis, have a strong chance of growing into leading global enterprises by leveraging high technology across various submarkets. Offering innovative AI products and services, these companies are likely to become the next AI global leaders.