Press Release: March 28, 2020
Artificial Intelligence can be defined as that branch of computer science that makes a computer-controlled robot, computer, or any software think intelligently in a manner similar to which the intelligent humans think. Artificial Intelligence is accomplished by studying how humans learn, decide, how the human brain thinks, and work when it’s solving a problem and then using the outcome of this study as a basis of the development of intelligent systems and software. It can be found in various applications such as image & video recognition, translation, and content recommendation.
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The landscape of artificial intelligence is dynamic and evolving rapidly in France and the country is emerging as a leader in this field of technology in Europe. Increasing government initiatives for helping France position as a global leader along with increasing involvement of the private sector in France’s national artificial intelligence strategy. For instance, in 2017, “France is AI,” an initiative was launched to promote French artificial intelligence network. Increasing acquisition and partnering of niche French AI firms by American companies and also French multinational corporations such as BNP Paribas and Loreal which are acquiring the artificial intelligence start-ups, are some factors paving a way for artificial intelligence in France during the forecast period . In 2018, France announced a plan to work with the United Kingdom to boost investment and unite AI research along with building an alliance between Chinese and French universities to promote artificial intelligence research. The stringent
European policy in which data protection is considered as the fundamental right is creating challenges for artificial intelligence in the market in France.
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Various notable players operating in the France artificial intelligence market include Microsoft Corporation, Fujitsu Ltd., Google LLC, Samsung, Facebook, Deep Mind, Snips, Shift Technology, Linkfluence, Tinyclues and Prophesee among others.
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The France artificial intelligence market has been segmented on the basis of offering, technology, end user and key geographies. On the basis of offering, the market is segmented into Hardware, Software and Services. On the basis of technology, the market is segmented into Machine Learning, Natural Language Processing, Deep Learning, Machine Vision and ASI & AGI. Based on end user, the market is segmented into Healthcare, BFSI, Retail, Manufacturing, Automotive & Transportation, Agriculture, Media & Entertainment and Others.
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