ITR Co., Ltd. (ITR) announced on August 26, image recognition, voice recognition, voice synthesis, text mining / knowledge utilization, translation, search / search, which are the eight major markets related to AI (artificial intelligence). Announced time-series data analysis, machine learning platform market size trends and forecasts. The eight major AI markets are projected to reach 120 billion yen in 2025.
The total sales amount of the eight major AI markets in FY2020 was 51,330 million yen, an increase of 19.9% from the previous year. Although some vendors struggled to acquire new projects due to Korona-ka, vendors that made a leap forward due to the expansion of the use of AI in companies that are promoting work efficiency at home and DX (digital transformation) initiatives. Was also seen a lot. The number of new entrants in each market is increasing, and competition is intensifying.
Of the eight major AI markets, the machine learning platform market saw the largest increase in sales in 2020, up 44.0% from the previous year. As the number of entrant vendors increases, prices are becoming lower, and it is expected that the introduction will continue to expand in the future.
The next highest growth was in the translation market, up 38.0% year-on-year. It is said that the increase in company-wide introduction by large companies, mainly in the manufacturing industry, is due to the increase in the use of documents for exchanges with foreign countries due to the Korona-ka. With the improvement of the accuracy of translation products and services, there is a movement to in-house translation work that has been outsourced so far, so continuous growth is expected in the future.
Looking at the total of the eight major AI markets surveyed in this report, each market showed extremely high growth in FY2020, and further expansion is expected in the future. The ITR predicts that the compound annual growth rate (CAGR) of the eight major AI markets will be 18.7% in 2020-2025 and will reach 120 billion yen in 2025.
Masato Tateno, a senior analyst at ITR, said, “AI technology is now being positioned as a tool for gaining directly useful value for business. In addition, a machine learning platform that supports self-made AI environment and The expansion of markets such as translation that streamlines daily communication shows that AI technology is gaining a foothold as a tool not only for some engineers but also for business users. “
Mr. Tateno continued, “We expect that demand will increase in the future for solutions specialized for specific industries and applications, and solutions that support performance monitoring and operation management after production operation.” There is.