Investment Themes
According to PwC's Global CEO Survey 2020, the vast majority of business leaders believe that the artificial intelligence revolution will have even more impact on society than the advent of the internet. Perceived as a human-like intelligence, AI is actually quite different. The AI eco-system includes several scientific fields: machine learning, deep learning, computer vision, robotics and automatic language processing (voice assistance, among others). The detection of moving objects (linked to autonomous driving) seems to be the most promising market. There is also great potential in facial recognition, satellite image processing, algorithmic trading and surgery. According to Omdia, artificial intelligence software is expected to be worth $126 billion in revenue by 2025 (i.e. tomorrow), compared to only $22.6 billion in 2020. A rapidly expanding market with a growth rate of 41% annualized over 5 years. And in 2030, 70% of companies will be using AI in their daily tools. It might be worth it to focus on the companies that can benefit the most. The leaders in AI innovation are the US and China. According to LexisNexis' 2020 PatentSight study, Chinese companies and organizations are the most active in this sector and are catching up to their U.S. counterparts. Of the companies with the most machine learning-related patents, four are American, four are Chinese, and one is South Korean. Let's take a closer look at the companies with the most AI-related progress in the world:
Our selection
| Technology | Other Semiconductors | 269B | +71.28% | ||
| Industrials | Other Industrial Machinery & Equipment | 36.54B | +2.24% | ||
| Technology | Integrated Circuits | 260B | +244.06% | ||
| Technology | Other Semiconductor Equipment & Testing | 184B | +86.55% | ||
| Technology | Other Semiconductors | 10.73B | +19.09% | ||
| Technology | Other Communications & Networking | 445B | +50.05% | ||
| Industrials | Elevator & Conveying Equipment | 13.84B | +19.70% | ||
| Industrials | Other Heavy Electrical Equipment | 178B | +39.45% | ||
| Technology | Integrated Circuits | 36.3B | +294.12% | ||
| Technology | Other Semiconductor Equipment & Testing | 26.2B | +57.02% | ||
| Industrials | Other Industrial Machinery & Equipment | 29.92B | +39.55% | ||
| Technology | Other Electronic Equipment & Parts | 125B | +43.77% | ||
| Technology | Other Phones & Handheld Devices | 1,305B | +126.86% | ||
| Industrials | Testing & Measuring Equipment | 10.83B | +81.10% | ||
| Technology | Other Semiconductors | 2,103B | +66.77% | ||
| Technology | Other Semiconductor Equipment & Testing | 713B | +77.60% | ||
| Technology | Other Semiconductors | 50.87B | +131.73% | ||
| Technology | Other Computer Hardware | 90.75B | +194.21% | ||
| Technology | Semiconductor Machinery Manufacturing | 52.04B | +83.04% | ||
| Technology | Other Software | 3,900B | +10.11% | ||
| Technology | Phones & Smart Phones | 4,858B | +22.51% | ||
| Technology | Search Engines | 4,223B | +11.38% | ||
| Technology | Semiconductor Testing Equipment & Service | 69.5B | +123.56% | ||
| Technology | Other Semiconductors | 5,769B | +29.54% | ||
| Technology | Social Media & Networking | 1,890B | +12.42% | ||
| Technology | Other IT Services & Consulting | 227M | +47.50% | ||
| Technology | Servers & Systems | 28.37B | +47.23% | ||
| Technology | Cloud Computing Services | 1.51B | -38.06% | ||
| Technology | Other Software | 46.21B | +100.96% | ||
| Consumer Cyclical | Internet & Mail Order Department Stores | 2,712B | +10.60% | ||
| Technology | Other IT Services & Consulting | 2.78B | -2.41% | ||
| Technology | Mobile Application Software | 9.49B | -28.81% | ||
| Technology | Other Software | 6.86B | -19.49% | ||
| Technology | Security Software | 135B | +138.01% | ||
| Technology | Cloud Computing Services | 6.87B | +47.86% | ||
| Technology | Other Software | 455B | +8.00% | ||
| Technology | Other Software | 20.1B | +1.49% | ||
| Technology | Application Software | 92.94B | -31.75% | ||
| Technology | Enterprise Software | 11B | -45.17% | ||
| Technology | Enterprise Software | 9.96B | +26.98% | ||
| Technology | Financial Technology (Fintech) (NEC) | 30.52B | -36.95% | ||
| Technology | Other Semiconductors | 1,031B | +205.93% | ||
| Industrials | Highway & Bridge Construction | 16.01B | +83.65% | ||
| Technology | Other Internet Services | 281B | -27.22% | ||
| Healthcare | Other Advanced Medical Equipment & Technology | 144B | -28.45% | ||
| Technology | Other Software | 99.25B | +103.98% | ||
| Technology | Other Semiconductors | 44.25B | +27.89% | ||
| Technology | Other Semiconductors | 12.26B | +54.40% | ||
| Industrials | Testing & Measuring Equipment | 5.63B | +70.66% | ||
| Industrials | Other Heavy Machinery & Vehicles | 4.18B | +19.35% | ||
| Industrials | Other Electrical Components & Equipment | 8.21B | +63.84% | ||
| Technology | Enterprise Software | 239B | -9.48% | ||
| Industrials | Industrial Machinery | 790M | +79.79% | ||
| Consumer Non-Cyclical | Consumer Goods Conglomerates | 12.46B | +14.11% | ||
| Technology | Other Electronic Equipment & Parts | 3.56B | +66.76% | ||
| Technology | Other Semiconductors | 92.24B | +71.43% | ||
| Technology | Enterprise Software | 432B | -25.52% | ||
| Technology | Cloud Computing Services | 189B | -14.06% | ||
| Technology | Search Engines | 21.46B | -21.20% | ||
| Technology | Other Electronic Equipment & Parts | 28.72B | +22.09% | ||
| Technology | Other Internet Services | 142B | -15.14% | ||
| Technology | Cloud Computing Services | 3.27B | -44.96% | ||
| Technology | Other IT Services & Consulting | 3.66B | +72.64% | ||
| Technology | Other Software | 97.35B | +15.32% | ||
| Technology | Application Software | 20.86B | +11.01% | ||
| Technology | Other Semiconductors | 324B | +177.13% | ||
| Technology | Cloud Computing Services | 19.86B | +41.87% | ||
| Technology | Security Software | 280B | +138.11% | ||
| Technology | Cloud Computing Services | 128B | +80.01% | ||
| Healthcare | Other Advanced Medical Equipment & Technology | 299M | +12.12% | ||
| Technology | Other Semiconductors | 1.39B | -3.60% | ||
| Technology | Social Media & Networking | 1.59B | -36.68% | ||
| Industrials | Other Electrical Components & Equipment | 8.09B | +3.78% | ||
| Technology | Other Semiconductors | 193B | +5.62% | ||
| Technology | Enterprise Software | 8.3B | -29.63% | ||
| Technology | Other Internet Services | 485B | -28.51% | ||
| Technology | Other Household Electronics | 27.07B | +152.99% | ||
| Industrials | Other Electrical Components & Equipment | 57.76B | +24.14% | ||
| Technology | Enterprise Software | 5.68B | -41.78% | ||
| Technology | Other Software | 93.61B | +7.40% | ||
| Technology | Other IT Services & Consulting | 12.63B | -20.07% | ||
| Technology | Other Software | 495M | +54.23% | ||
| Technology | Other IT Services & Consulting | 2.3B | +32.89% | ||
| Technology | Cloud Computing Services | 4.92B | +21.12% | ||
| Technology | Phones & Smart Phones | 78.32B | -38.27% | ||
| Technology | Other Software | 593M | +11.64% | ||
| Technology | Other Internet Services | 11.36B | -23.50% | ||
| Technology | Cloud Computing Services | 17.4B | +40.47% | ||
| Technology | Enterprise Software | 141B | -9.90% | ||
| Industrials | Other Industrial Machinery & Equipment | 5.57B | -25.85% | ||
| Technology | Other IT Services & Consulting | 20.63B | -22.71% | ||
| Technology | Technology Consulting & Outsourcing Services | 12.65B | +27.99% | ||
| Technology | Other Software | 31.76B | -9.77% | ||
| Technology | Other Communications & Networking | 2.83B | +71.22% | ||
| Technology | Processors | 77.17M | +294.07% | ||
| Technology | Mobile Application Software | 799M | +68.10% | ||
| Technology | Application Software | 195M | -36.84% | ||
| Financials | Consumer Leasing | 2.37B | -44.20% | ||
| Technology | Other IT Services & Consulting | 209B | -24.81% | ||
| Technology | Enterprise Software | 11.89B | -7.20% | ||
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