Germany Artificial Intelligence market is estimated to grow significantly at a CAGR of 34.1% during the forecast period. The presence of well-established and start-up companies is one of the major factors driving the growth of the AI market in the country. The government is focusing to create AI environment in the country for the overall growth of the country.  It is working to develop infrastructure together with other partners from the European Union to support AI research. For instance, Germany and France are focused on the development of a Franco-German R&D network that is based on existing infrastructure. The country is also working to develop better regulatory for R&D activities as in the field of AI research. It must meet high regulatory requirements in order to successfully enter the markets.

The market is segmented on the basis of offering, end-user industry, and country. Based on offering, the market is divided into software & services and hardware. The market for software and services was the highest market during the forecast period. Based on the end-user industry, the market is segmented into manufacturing, automotive, IT and BFSI, healthcare, e-commerce & logistics, home appliances, and others.

The country is performing R&D dedicated to gain a position in the AI sector. The country has various sites focused on R&D in healthcare-related to AI which include DFKI (Das Deutsche Forschungszentrum für Künstliche Intelligenz GmbH), Intelligent Analysis and Information Systems (IAIS), and Fraunhofer Institute for Medical Image Computing (MEVIS) and Cyber Valley. The country is focusing on developing the supra-regional Centers of Excellence for AI to provide innovative AI services globally. It is also working for SME funding for research on AI as well as the implementation of the findings in AI research. For instance, in 2017, ADA health received funding of around $47 million led by Access Industries, Len Blavatnik’s global investment group. The company has got overall funding of $69 million till 2019.

Research Methodology

The market study of the Germany Artificial Intelligence (AI) market is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for IT companies, automobile companies, BFSI companies, private companies, healthcare companies, research institutes, hospitals, and government organizations for the overall market and competitive analysis. The report provides an in-depth analysis on market size, future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Germany Artificial Intelligence (AI) Market Research and Analysis by Offering

2. Germany Artificial Intelligence (AI) Market Research and Analysis by End-User Industry

The Report Covers

• Comprehensive research methodology of the Germany Artificial Intelligence (AI) market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Germany Artificial Intelligence (AI) market.
• Insights about market determinants which are stimulating the Germany Artificial Intelligence (AI) market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.