The U.S. artificial intelligence market is expected to grow to $6.6 billion by 2021, according to an Accenture report.
Here are five key market trends:
1. The AI market is anticipated to grow at a compound annual growth rate of 40 percent through 2021.
2. Accenture analysis shows combining key health AI applications can potentially create $150 billion in annual savings for the U.S. healthcare economy by 2026.
3. Robot-assisted surgery, virtual nursing assistants and administrative workflow assistance are the top three AI applications in the market.
4. Other key applications include fraud detection and dosage error reduction.
5. New market entrants and the explosion of data is making a strong case for AI adoption.