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 | Integrated Circuits | 198B | +182.87% | ||
| Industrials | Other Industrial Machinery & Equipment | 33.96B | -6.25% | ||
| Technology | Other Semiconductors | 286B | +80.38% | ||
| Technology | Other Semiconductor Equipment & Testing | 145B | +38.61% | ||
| Technology | Other Semiconductors | 9.73B | +4.84% | ||
| Technology | Other Communications & Networking | 428B | +40.97% | ||
| Industrials | Testing & Measuring Equipment | 5.36B | +51.99% | ||
| Industrials | Elevator & Conveying Equipment | 12.65B | +5.38% | ||
| Technology | Integrated Circuits | 31.42B | +259.53% | ||
| Industrials | Other Heavy Electrical Equipment | 160B | +20.53% | ||
| Technology | Other Semiconductor Equipment & Testing | 23.49B | +27.17% | ||
| Industrials | Other Industrial Machinery & Equipment | 25.94B | +16.91% | ||
| Technology | Other Electronic Equipment & Parts | 117B | +37.61% | ||
| Technology | Other Electronic Equipment & Parts | 3.48B | +55.56% | ||
| Technology | Other Phones & Handheld Devices | 1,107B | +93.49% | ||
| Industrials | Testing & Measuring Equipment | 9.92B | +63.90% | ||
| Technology | Other Semiconductors | 1,922B | +55.81% | ||
| Technology | Other Semiconductor Equipment & Testing | 643B | +54.59% | ||
| Technology | Other Semiconductors | 44.03B | +90.06% | ||
| Technology | Other Computer Hardware | 78.15B | +145.09% | ||
| Technology | Cloud Computing Services | 190B | -12.84% | ||
| Technology | Semiconductor Machinery Manufacturing | 43.02B | +43.04% | ||
| Technology | Other Software | 3,937B | +9.62% | ||
| Technology | Phones & Smart Phones | 5,092B | +28.34% | ||
| Technology | Search Engines | 3,481B | -9.32% | ||
| Technology | Semiconductor Testing Equipment & Service | 46.31B | +53.04% | ||
| Technology | Other Semiconductors | 5,159B | +14.56% | ||
| Technology | Social Media & Networking | 1,596B | -5.39% | ||
| Technology | Other IT Services & Consulting | 253M | +31.88% | ||
| Technology | Other Software | 419M | +30.45% | ||
| Technology | Servers & Systems | 22.62B | +17.63% | ||
| Technology | Other Software | 37.15B | +70.06% | ||
| Consumer Cyclical | Internet & Mail Order Department Stores | 2,630B | +5.62% | ||
| Technology | Cloud Computing Services | 1.36B | -44.99% | ||
| Technology | Other IT Services & Consulting | 3.22B | +13.67% | ||
| Technology | Other Software | 7.18B | -15.92% | ||
| Technology | Security Software | 102B | +75.17% | ||
| Technology | Cloud Computing Services | 7.97B | +73.28% | ||
| Industrials | Highway & Bridge Construction | 11.4B | +22.02% | ||
| Technology | Other Software | 472B | +10.50% | ||
| Technology | Other Software | 17.28B | -11.09% | ||
| Technology | Application Software | 96.57B | -29.11% | ||
| Technology | Enterprise Software | 11.95B | -40.30% | ||
| Technology | Other Internet Services | 255B | -33.82% | ||
| Technology | Financial Technology (Fintech) (NEC) | 28.75B | -39.51% | ||
| Technology | Enterprise Software | 10.85B | +36.93% | ||
| Technology | Other Semiconductors | 925B | +164.48% | ||
| Technology | Other IT Services & Consulting | 2.96B | +44.70% | ||
| Healthcare | Other Advanced Medical Equipment & Technology | 156B | -20.76% | ||
| Technology | Other Software | 95.46B | +95.48% | ||
| Healthcare | Other Advanced Medical Equipment & Technology | 268M | -3.03% | ||
| Technology | Other Semiconductors | 44.05B | +27.31% | ||
| Technology | Other Semiconductors | 12.56B | +62.37% | ||
| Industrials | Other Heavy Machinery & Vehicles | 3.35B | -6.62% | ||
| Industrials | Other Electrical Components & Equipment | 6.83B | +33.03% | ||
| Technology | Enterprise Software | 269B | +1.70% | ||
| Industrials | Industrial Machinery | 686M | +44.47% | ||
| Consumer Non-Cyclical | Consumer Goods Conglomerates | 11.96B | +1.85% | ||
| Technology | Enterprise Software | 423B | -28.40% | ||
| Technology | Other Semiconductors | 78.18B | +37.24% | ||
| Technology | Search Engines | 19.55B | -27.88% | ||
| Technology | Other Electronic Equipment & Parts | 31.19B | +32.65% | ||
| Technology | Mobile Application Software | 9.61B | -29.62% | ||
| Technology | Other Internet Services | 134B | -19.54% | ||
| Technology | Application Software | 21.14B | +11.82% | ||
| Technology | Other Software | 94.04B | +9.65% | ||
| Technology | Cloud Computing Services | 19.13B | +36.80% | ||
| Technology | Other Semiconductors | 244B | +109.29% | ||
| Technology | Security Software | 268B | +122.84% | ||
| Technology | Cloud Computing Services | 110B | +57.39% | ||
| Industrials | Other Electrical Components & Equipment | 6.84B | -16.06% | ||
| Technology | Other Semiconductors | 198B | +8.40% | ||
| Technology | Enterprise Software | 9.46B | -19.56% | ||
| Technology | Other Internet Services | 433B | -35.96% | ||
| Industrials | Other Electrical Components & Equipment | 57.72B | +22.63% | ||
| Technology | Other Household Electronics | 19.53B | +68.88% | ||
| Technology | Other Software | 93.94B | +4.36% | ||
| Technology | Other IT Services & Consulting | 13.41B | -14.66% | ||
| Technology | Cloud Computing Services | 3.77B | -35.97% | ||
| Technology | Other IT Services & Consulting | 1.59B | -9.38% | ||
| Technology | Phones & Smart Phones | 84.23B | -32.62% | ||
| Technology | Other Internet Services | 11.28B | -23.06% | ||
| Industrials | Other Industrial Machinery & Equipment | 4.86B | -37.14% | ||
| Technology | Cloud Computing Services | 17.62B | +40.70% | ||
| Technology | Enterprise Software | 114B | -28.41% | ||
| Technology | Social Media & Networking | 1.55B | -38.36% | ||
| Technology | Other Semiconductors | 1.16B | -16.01% | ||
| Technology | Technology Consulting & Outsourcing Services | 11.91B | +20.41% | ||
| Consumer Cyclical | Internet & Mail Order Department Stores | 34.45B | -10.70% | ||
| Technology | Other IT Services & Consulting | 23.33B | -11.85% | ||
| Technology | Other Software | 37.05B | +6.38% | ||
| Technology | E-commerce & Auction Services | 247B | -32.09% | ||
| Technology | Enterprise Software | 5.58B | -42.88% | ||
| Technology | Other Communications & Networking | 2.95B | +79.33% | ||
| Technology | Processors | 64.03M | +215.25% | ||
| Technology | Mobile Application Software | 833M | +74.98% | ||
| Technology | Cloud Computing Services | 5.35B | +33.01% | ||
| Technology | Other Software | 739M | +36.14% | ||
| Technology | Application Software | 218M | -32.57% | ||
| Financials | Consumer Leasing | 2.42B | -43.20% | ||
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