Product Code: ETC4394845 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The India AI market is experiencing remarkable growth, with AI technologies being applied across diverse sectors. Businesses are using AI for predictive analytics, automation, and personalization, while AI-driven innovation in healthcare, finance, and manufacturing is becoming increasingly prevalent.
The India AI market is experiencing significant growth due to the wide range of applications across industries. AI technologies, including machine learning, deep learning, and natural language processing, are being used to drive automation, enhance customer experiences, and optimize business processes. In sectors such as finance, healthcare, and retail, AI is being harnessed to create personalized services, improve diagnosis and treatment in healthcare, and analyze consumer behavior. The India government`s support for AI research and innovation is also fostering the growth of AI startups and initiatives. As companies seek to gain a competitive edge by harnessing AI`s predictive and prescriptive capabilities, the market is poised for continued expansion.
The AI market in India faces challenges in terms of data quality and quantity, which are essential for training AI models. There`s also the challenge of explaining AI decisions and ensuring transparency. Ethical and regulatory considerations, such as bias and fairness in AI algorithms, are other significant challenges.
The COVID-19 pandemic accelerated the adoption of artificial intelligence (AI) across various sectors in India. AI played a pivotal role in areas like healthcare, supply chain optimization, and customer service, enabling automation and data-driven decision-making. The pandemic highlighted the potential of AI to address complex challenges and enhance business resilience. As AI continues to be integrated into India business strategies, the market is expected to see sustained growth and innovation.
The India Artificial Intelligence (AI) market is witnessing significant growth, with key players like Tata Consultancy Services (TCS), Infosys, and Wipro leading the way. These technology giants provide a wide array of AI solutions and services across industries, from financial services to healthcare. Their AI capabilities span natural language processing, computer vision, and predictive analytics, contributing to the adoption of AI-driven applications and solutions in India business landscape.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Artificial Intelligence (AI) Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Artificial Intelligence (AI) Market Revenues & Volume, 2021 & 2031F |
3.3 India Artificial Intelligence (AI) Market - Industry Life Cycle |
3.4 India Artificial Intelligence (AI) Market - Porter's Five Forces |
3.5 India Artificial Intelligence (AI) Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.6 India Artificial Intelligence (AI) Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 India Artificial Intelligence (AI) Market Revenues & Volume Share, By Business Function, 2021 & 2031F |
3.8 India Artificial Intelligence (AI) Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F |
3.9 India Artificial Intelligence (AI) Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.10 India Artificial Intelligence (AI) Market Revenues & Volume Share, By Verticals, 2021 & 2031F |
4 India Artificial Intelligence (AI) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of AI technologies across various industries in India |
4.2.2 Government initiatives and investments in AI research and development |
4.2.3 Growing demand for automation and predictive analytics solutions in Indian businesses |
4.3 Market Restraints |
4.3.1 Lack of skilled workforce and expertise in AI technologies |
4.3.2 Data security and privacy concerns hindering AI implementation |
4.3.3 High initial investment costs associated with AI adoption |
5 India Artificial Intelligence (AI) Market Trends |
6 India Artificial Intelligence (AI) Market, By Types |
6.1 India Artificial Intelligence (AI) Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 India Artificial Intelligence (AI) Market Revenues & Volume, By Offering, 2021-2031F |
6.1.3 India Artificial Intelligence (AI) Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 India Artificial Intelligence (AI) Market Revenues & Volume, By Software, 2021-2031F |
6.1.5 India Artificial Intelligence (AI) Market Revenues & Volume, By Services, 2021-2031F |
6.2 India Artificial Intelligence (AI) Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 India Artificial Intelligence (AI) Market Revenues & Volume, By Machine Learning, 2021-2031F |
6.2.3 India Artificial Intelligence (AI) Market Revenues & Volume, By Natural Language Processing, 2021-2031F |
6.2.4 India Artificial Intelligence (AI) Market Revenues & Volume, By Context-Aware Computing, 2021-2031F |
6.2.5 India Artificial Intelligence (AI) Market Revenues & Volume, By Computer Vision, 2021-2031F |
6.3 India Artificial Intelligence (AI) Market, By Business Function |
6.3.1 Overview and Analysis |
6.3.2 India Artificial Intelligence (AI) Market Revenues & Volume, By Finance, 2021-2031F |
6.3.3 India Artificial Intelligence (AI) Market Revenues & Volume, By Security, 2021-2031F |
6.3.4 India Artificial Intelligence (AI) Market Revenues & Volume, By Human Resources, 2021-2031F |
6.3.5 India Artificial Intelligence (AI) Market Revenues & Volume, By Law, 2021-2031F |
6.3.6 India Artificial Intelligence (AI) Market Revenues & Volume, By Marketing and Sales, 2021-2031F |
6.3.7 India Artificial Intelligence (AI) Market Revenues & Volume, By Other Business Function (IT operations), 2021-2031F |
6.4 India Artificial Intelligence (AI) Market, By Deployment Mode |
6.4.1 Overview and Analysis |
6.4.2 India Artificial Intelligence (AI) Market Revenues & Volume, By On-premises, 2021-2031F |
6.4.3 India Artificial Intelligence (AI) Market Revenues & Volume, By Cloud, 2021-2031F |
6.5 India Artificial Intelligence (AI) Market, By Organization Size |
6.5.1 Overview and Analysis |
6.5.2 India Artificial Intelligence (AI) Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.5.3 India Artificial Intelligence (AI) Market Revenues & Volume, By SMEs, 2021-2031F |
6.6 India Artificial Intelligence (AI) Market, By Verticals |
6.6.1 Overview and Analysis |
6.6.2 India Artificial Intelligence (AI) Market Revenues & Volume, By BFSI, 2021-2031F |
6.6.3 India Artificial Intelligence (AI) Market Revenues & Volume, By IT/ ITES, 2021-2031F |
6.6.4 India Artificial Intelligence (AI) Market Revenues & Volume, By Telecommunication, 2021-2031F |
6.6.5 India Artificial Intelligence (AI) Market Revenues & Volume, By Government and Defense, 2021-2031F |
6.6.6 India Artificial Intelligence (AI) Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.6.7 India Artificial Intelligence (AI) Market Revenues & Volume, By Healthcare and Lifesciences, 2021-2031F |
6.6.8 India Artificial Intelligence (AI) Market Revenues & Volume, By Automotive, Transportation & Logistics, 2021-2031F |
6.6.9 India Artificial Intelligence (AI) Market Revenues & Volume, By Automotive, Transportation & Logistics, 2021-2031F |
7 India Artificial Intelligence (AI) Market Import-Export Trade Statistics |
7.1 India Artificial Intelligence (AI) Market Export to Major Countries |
7.2 India Artificial Intelligence (AI) Market Imports from Major Countries |
8 India Artificial Intelligence (AI) Market Key Performance Indicators |
8.1 Rate of AI technology adoption across different sectors in India |
8.2 Number of AI research and development projects funded by government initiatives |
8.3 Growth in demand for AI-related skills and training programs in the Indian workforce |
9 India Artificial Intelligence (AI) Market - Opportunity Assessment |
9.1 India Artificial Intelligence (AI) Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.2 India Artificial Intelligence (AI) Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 India Artificial Intelligence (AI) Market Opportunity Assessment, By Business Function, 2021 & 2031F |
9.4 India Artificial Intelligence (AI) Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F |
9.5 India Artificial Intelligence (AI) Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.6 India Artificial Intelligence (AI) Market Opportunity Assessment, By Verticals, 2021 & 2031F |
10 India Artificial Intelligence (AI) Market - Competitive Landscape |
10.1 India Artificial Intelligence (AI) Market Revenue Share, By Companies, 2024 |
10.2 India Artificial Intelligence (AI) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |