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
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.
Company Profile
Google Inc., Microsoft Corporation, IBM Corporation, Intel, Oracle, Amazon Web Services, Salesforce Inc., Cisco, Samsung, Huawei Technologies Co. Ltd.
| Attribute | Details |
| Base Year | 2021 |
| Historical Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Technology · Deployment mode · Function · Organization Size · Industry vertical |
| Regional scope | Marmara Region, Central Anatolia, Aegean Region, Mediterranean Region, Black Sea Region, South-Eastern Anatolia Region, and Eastern Anatolia Region. |
| Key companies profiled | Google Inc., Microsoft Corporation, IBM Corporation, Intel, Oracle, Amazon Web Services, Salesforce Inc., Cisco, Samsung, Huawei Technologies Co. Ltd |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
