With the continuous progress and development of artificial intelligence technology, some technologies have entered the stage of industrial development, and intelligent application has become the core of the current and future long development cycle. At the same time, artificial intelligence is being integrated with all fields of production and life, effectively improving the level of intelligence in all fields. It not only drives the rise of new industries, but also brings reform opportunities to traditional fields, so it has a very broad market prospect.
Industry market size
In 2019, the scale of China's artificial intelligence core industry and driving industry was 108.86 billion yuan and 382.15 billion yuan respectively, and is expected to reach 189.81 billion yuan and 744.21 billion yuan respectively by 2021, with a compound annual growth rate of 32% and 19.5% respectively.
Wechat screenshots _20211105090454
Data source: China Business Industry Research Institute
Industry Development prospect
In recent years, the three driving factors of data, algorithm and computing power have developed significantly. In terms of data, the rapid development of the Internet has made high-quality and large-scale big data possible, and massive data has provided sufficient raw materials for the development of artificial intelligence technologies, including computer vision. In terms of algorithm, machine learning algorithm has made a major breakthrough. The algorithm based on multi-layer neural network model has improved the accuracy of machine learning algorithm in face recognition and other fields by leaps and bounds, laying an important technical foundation for commercial application. In terms of computing power, the improvement of computing power breaks through the bottleneck. The new generation of computing chips represented by GPU provides more powerful computing power, making computing faster. At the same time, the distributed computing realized on cluster helps the algorithm model to run on a larger data set.
The three factors of progress greatly promoted the development of artificial intelligent technology, especially represented by deep learning machine learning algorithms, as well as computer vision, intelligent voice, natural language processing, biometrics to represent important breakthrough in key technology, some technology is close to, and even beyond the human level. In the future, the AI industry still has a huge space for development and progress in data, algorithms and computing power. Related technology innovation and R&D investment will continue to increase, faster and more efficient algorithm model and deployment efficiency, larger and standardized industry data, more powerful and lower cost computing chips, will further promote the industry technology progress.
For more information, please refer to the "Research Report on Market Prospects and Investment Opportunities of China's ARTIFICIAL Intelligence Industry" released by CIIC. Ciic also provides industrial big data, industrial intelligence, industrial research report, industrial planning, park planning, 14th Five-year Plan, industrial investment and other services.
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