African Artificial Intelligence (AI) Market, 2016

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This study provides an analysis of the African Artificial Intelligence (AI) market. The stakeholder scope includes international technology corporations and African start-ups; technology scope includes computer vision, deep learning, machine learning, natural language processing, neural networks, predictive analytics, and robotics; and the end-user scope includes a number of industries such as banking and financial services and insurance (BFSI), healthcare, manufacturing, mining, hospitality and media, amongst others. This study details the key components of an AI ecosystem and explains how AI converges with technologies such as analytics, Internet of Things (IoT), Augmented Reality (AR) and Virtual Reality (VR

Key Issues Addressed

  • What are the main components in an AI ecosystem? How does it converge with analytics, IoT, AR and VR?
  • What are the key global trends in terms of competition, strategy and investments?
  • What are the key market drivers and restraints for the development of the AI market in Africa?
  • How are emerging international leaders like IBM and Cisco advancing in the AI market?
  • Who are the innovative African start-ups disrupting the AI market and what do they do?
  • How is the African AI market growing in terms of market development, competition, impact potential and extent of adoption across industries?
  • What are the key trends shaping the African AI market?
  • What are the ethical dilemmas concerning AI in Africa?
  • How is AI addressing African regional issues and which are the companies developing these solutions?
  • What are the potential growth opportunities in Africa that businesses can capitalise on to improve performance and stay competitive?

Table of Contents

Executive SummaryKey FindingsMarket DefinitionsMarket DefinitionsMarket Definitions (continued)Market Definitions (continued)AI Market—Research PerspectiveResearch ScopeKey Questions this Study will AnswerTopical Areas Within AIAI Technologies and Use CasesAI Components and EcosystemAI—The Cornerstone of AnalyticsWhy and How AI will Help Unlock the Full Potential of IoT?Why will AI with AR and VR be the Next Big Thing?Global AI Market—An OverviewThe AI Maturity ContinuumPositioning of Key Global Providers on the AI Maturity ContinuumAI—Global Competitive LandscapeKey Global AI Investment TrendsKey Global External AI Investments Technology-WiseStrategy Adopted by Global Technology CorporationsDrivers and RestraintsKey Market DriversKey Market RestraintsAnalysis of the African AI MarketWhy are Businesses Adopting AI?How are Businesses Looking to Realise Value from Adopting AI?Degree of AI Development across Key African Countries AI-powered Business Applications LandscapeDegree of AI Adoption across Key IndustriesImpact Potential of AI across Industries and Use CasesKey AI Consumers across Leading Industry VerticalsPositioning of Key Providers on the AI Maturity ContinuumAI Technologies—Market Penetration AnalysisFuture Trajectory of AI Technologies Adoption in AfricaIndustry Landscape—Powerful Examples of Emerging International AI Leaders in AfricaCisco—Product Portfolio and AcquisitionsIBM—Product Portfolio and AcquisitionsStart-up Landscape—Market Insights and CompetitionCompetitive Start-up LandscapeKey AI Start-ups in South AfricaKey AI Start-ups in South Africa (continued)Key AI Start-ups in Egypt, Nigeria and ZimbabweAI Solutions Addressing Regionally Relevant IssuesAI-based Solutions Addressing Regionally Relevant ProblemsKey Market TrendsTrend 1—Chatbots as a Customer Communication ChannelTrend 1—Chatbots as a Customer Communication Channel (continued)Trend 2—Rising Investments in Computer Vision and NLP TechnologiesTrend 3—Surge in AI Adoption in the Banking and Financial Services and Insurance IndustryTrend 4—AI is Not Only the New BI But Also the New UITrend 4—AI is Not Only the New BI But Also the New UI (continued)Ethical Dilemmas Concerning AIEthical Dilemmas Concerning AIGrowth Opportunities and Enterprises to ActionGrowth Opportunity 1—Mobile-based ServicesGrowth Opportunity 2—Bots and Automated MessagingStrategic Imperatives for Success and Growth The Last WordThe Last Word—3 Big PredictionsLegal DisclaimerAppendixAbbreviationsList of ExhibitsList of Exhibits (continued)The Frost & Sullivan StoryThe Frost & Sullivan StoryValue Proposition—Future of Your Company & CareerGlobal PerspectiveIndustry Convergence360º Research PerspectiveImplementation Excellence

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