Turkey artificial intelligence (AI) market is anticipated
to register growth with an impressive CAGR in the forecast period, 2023-2027.
Artificial Intelligence refers to a wide range of computer science primarily
concerned with building smart machines that perform tasks that are typically
performed by human intelligence. The market growth can be attributed to the
proliferating demand for artificial intelligence across various industries such
as healthcare, BSFI, supply chain and logistics, food & beverages, retail,
etc. In addition to this, several small and medium-scale enterprises are
looking forward to improving their operations by integrating with
technologically advanced tools and techniques such as AI, Big Data, etc., which
is further expected to drive the growth of Turkey artificial intelligence market.
Increasing Digitization Facilitates Market
Growth
The world is transforming digitally and the
dependence of digital transformation on AI is quite significant as it helps
enterprises accelerate their process of digitization. Research has shown that
the adoption of AI will contribute to approximately 60% of the potential productivity increase by 2030. This holds true
for Turkey artificial intelligence market as AI and several other digital technologies have
the potential to bolster the country’s healthcare, fintech, retail, and
healthcare sectors. Artificial intelligence smoothens the digitization process
in the healthcare sector as it not only scans the medical reports and
pharmaceutical documents but also helps in designing digital medical tools like
Babylon at hand.
Moreover, Turkey has a young population that
facilitates the adoption of technological advancements and fintech services. AI
in FinTech is utilized for carrying out numerous procedures such as fraud
detection, lending decision making, credit risk assessment, customer support,
wealth management, insurance, and much more. Modern FinTech companies in Turkey
are increasingly adopting AI for improved efficiency, enhanced precision
levels, and high-speed query resolution.
Growing Internet Penetration and Government
Initiatives
The wide deployment of computers and rising
access to the internet, resulting in increased internet penetration is further
augmenting the growth of Turkey artificial intelligence market. Turkey’s
information technology is anticipated to be one of the largest emerging markets
in the upcoming five years. Moreover, the country is moving forward with a
road map for its strategy in the field of AI for which the Presidential
Circular on the National Artificial Intelligence Strategy for 2021-2025 was
published recently in the Official Gazette. In the circular, the country’s
priorities in the field were determined to meet its "Digital Turkey"
and "National Technology Move" visions.
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Market Segmentation
The
Turkey artificial intelligence market is segmented by offering, technology,
deployment mode, function, organization size, industry vertical, competitional
landscape, and regional distribution. Based on offering, the market is bifurcated
into hardware, software, services. By technology, the market is differentiated into
machine learning and natural language. Based on deployment mode, the market is
fragmented into on-premises and cloud. Based on the function, the market is
segmented into human resources, marketing & sales, product/service
deployment, supply chain management, others. Based on the organizational size
the market is divided into large enterprises, small & medium enterprises.
Based on the vertical the market is segmented into it and telecommunication,
retail and e-commerce, BFSI, healthcare, manufacturing, automotive, and others.
The market analysis also studies the regional segmentation to devise regional
market segmentation, divided among Marmara Region, Central Anatolia, Aegean
Region, Mediterranean Region, Black Sea Region, South-Eastern Anatolia Region,
and Eastern Anatolia Region.
Company Profile
Google Inc., Microsoft
Corporation, IBM Corporation, Intel, Oracle, Amazon Web Services, Salesforce
Inc., Cisco, Samsung, Huawei Technologies Co. Ltd., among others is a partial list of
major market players of the companies responsible for the growth of Turkey artificial
intelligence market.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 –
2020
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Estimated Year
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2022
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Forecast Period
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2023
– 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue
forecast, company share, competitive landscape, growth factors, and trends
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Segments covered
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·
Technology
·
Deployment mode
·
Function
·
Organization Size
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Industry vertical
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Regional scope
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Marmara Region, Central Anatolia, Aegean Region, Mediterranean
Region, Black Sea Region, South-Eastern Anatolia Region, and Eastern Anatolia
Region.
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Key companies profiled
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Google Inc., Microsoft Corporation, IBM
Corporation, Intel, Oracle, Amazon Web Services, Salesforce Inc., Cisco,
Samsung, Huawei Technologies Co. Ltd
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Customization scope
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10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We
can also provide the editable version of the report in PPT/Word format on
special request)
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Report Scope:
In this report, Turkey artificial intelligence market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Turkey Artificial Intelligence Market,
By Offering:
- Hardware
- Software
- Services
- Turkey Artificial Intelligence Market,
By Technology:
- Machine Learning
- Natural Language
Processing
- Turkey Artificial Intelligence Market,
By Deployment Mode:
- Turkey Artificial Intelligence Market,
By Function:
o Human Resources
o Marketing & Sales
o Product/Service Deployment
o Supply Chain Management
o Others
- Turkey Artificial Intelligence
Market, By Organization Size:
o Large Enterprises
o Small & Medium Enterprises
·
Turkey
Artificial Intelligence Market, By Industry Vertical:
o IT and Telecommunication
o Retail and E-Commerce
o BFSI
o Healthcare
o Manufacturing
o Automotive
o Others
- Turkey Artificial Intelligence Market,
By Region:
- Marmara
Region
- Central Anatolia
- Aegean Region
- Mediterranean Region
- Black Sea Region
- South-Eastern Anatolia Region
- Eastern Anatolia Region
Company
Profiles: Detailed
analysis of the major companies present in Turkey artificial intelligence market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
Turkey Artificial Intelligence Market is an upcoming report to be
released soon. If you wish an early delivery of this report or want to confirm
the date of release, please contact us at [email protected]