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
| Industrials | Other Industrial Machinery & Equipment | 36.76B | +2.37% | ||
| Technology | Other Semiconductor Equipment & Testing | 127B | +28.23% | ||
| Technology | Integrated Circuits | 13.88B | +53.18% | ||
| Technology | Other Semiconductors | 9.09B | +0.14% | ||
| Technology | Social Media & Networking | 2.16B | -13.50% | ||
| Industrials | Elevator & Conveying Equipment | 14.82B | +29.26% | ||
| Industrials | Testing & Measuring Equipment | 9.27B | +54.25% | ||
| Technology | Semiconductor Machinery Manufacturing | 45.34B | +51.82% | ||
| Technology | Other Software | 3,139B | -12.58% | ||
| Technology | Other Semiconductor Equipment & Testing | 565B | +35.01% | ||
| Technology | Integrated Circuits | 1,675B | +30.97% | ||
| Technology | Cloud Computing Services | 149B | -31.24% | ||
| Technology | Phones & Smart Phones | 3,967B | -0.60% | ||
| Technology | Other Phones & Handheld Devices | 945B | +80.15% | ||
| Technology | Enterprise Software | 7.37B | -26.98% | ||
| Technology | Semiconductor Testing Equipment & Service | 59.55B | +96.52% | ||
| Technology | Other Semiconductors | 4,900B | +8.14% | ||
| Technology | Search Engines | 4,121B | +9.16% | ||
| Technology | Social Media & Networking | 1,748B | +4.31% | ||
| Technology | Other IT Services & Consulting | 306M | +98.75% | ||
| Industrials | Highway & Bridge Construction | 14.23B | +51.41% | ||
| Technology | Other IT Services & Consulting | 2.56B | -10.97% | ||
| Technology | Other Software | 483M | -24.76% | ||
| Technology | Other Software | 5.45B | -36.49% | ||
| Technology | Enterprise Software | 11.73B | -44.56% | ||
| Technology | Other Software | 350B | -17.64% | ||
| Technology | Cloud Computing Services | 2.97B | -37.42% | ||
| Technology | Enterprise Software | 100B | -36.90% | ||
| Consumer Cyclical | Internet & Mail Order Department Stores | 2,695B | +8.55% | ||
| Technology | Security Software | 60.56B | +3.06% | ||
| Technology | Application Software | 98.81B | -30.16% | ||
| Technology | Other Semiconductors | 454B | +29.99% | ||
| Technology | Enterprise Software | 1.59B | -39.13% | ||
| Healthcare | Other Advanced Medical Equipment & Technology | 167B | -17.15% | ||
| Technology | Mobile Application Software | 10.18B | -25.28% | ||
| Technology | Cloud Computing Services | 10.62B | -22.52% | ||
| Technology | Integrated Circuits | 97.73B | +34.62% | ||
| Technology | Other Communications & Networking | 341B | +11.97% | ||
| Industrials | Other Industrial Machinery & Equipment | 28B | +28.72% | ||
| Technology | Enterprise Software | 215B | -25.01% | ||
| Industrials | Industrial Machinery | 593M | +30.21% | ||
| Industrials | Other Heavy Electrical Equipment | 176B | +27.46% | ||
| Technology | Other Semiconductor Equipment & Testing | 22.65B | +34.76% | ||
| Technology | Enterprise Software | 503B | -10.18% | ||
| Technology | Enterprise Software | 9.44B | -25.38% | ||
| Technology | Technology Consulting & Outsourcing Services | 9.66B | +6.41% | ||
| Technology | Other Electronic Equipment & Parts | 96.36B | +10.82% | ||
| Technology | Other Internet Services | 588B | -14.77% | ||
| Industrials | Other Electrical Components & Equipment | 54.12B | +15.07% | ||
| Technology | Search Engines | 22.17B | -10.72% | ||
| Technology | Servers & Systems | 17.15B | -2.43% | ||
| Technology | Application Software | 16.63B | -19.79% | ||
| Technology | Other Internet Services | 410B | +3.79% | ||
| Technology | Other Software | 21.23B | -1.50% | ||
| Technology | Enterprise Software | 16.08B | -11.56% | ||
| Technology | Other Internet Services | 157B | -5.62% | ||
| Technology | Security Software | 136B | -8.88% | ||
| Technology | Other Software | 85.87B | -0.50% | ||
| Technology | Cloud Computing Services | 10.62B | -17.86% | ||
| Technology | Phones & Smart Phones | 105B | -18.58% | ||
| Financials | Consumer Leasing | 3.28B | -20.95% | ||
| Technology | Other Semiconductors | 177B | +52.53% | ||
| Technology | Financial Technology (Fintech) (NEC) | 36.68B | -28.37% | ||
| Technology | Other Software | 911M | -30.98% | ||
| Technology | Other Semiconductors | 42.62B | +23.60% | ||
| Technology | Other Semiconductors | 8.71B | +8.59% | ||
| Technology | Other IT Services & Consulting | 238B | -14.43% | ||
| Industrials | Other Heavy Machinery & Vehicles | 3.53B | -6.42% | ||
| Technology | Other IT Services & Consulting | 22.16B | -22.25% | ||
| Consumer Non-Cyclical | Consumer Goods Conglomerates | 16.23B | +47.88% | ||
| Technology | Other Household Electronics | 14.48B | +35.15% | ||
| Technology | Other Software | 392M | -18.62% | ||
| Industrials | Other Industrial Machinery & Equipment | 7.94B | +6.17% | ||
| Technology | Other Electronic Equipment & Parts | 29.45B | +24.49% | ||
| Healthcare | Other Advanced Medical Equipment & Technology | 413M | +56.06% | ||
| Technology | Cloud Computing Services | 4.53B | +4.82% | ||
| Technology | Other Internet Services | 117M | -9.56% | ||
| Technology | Other IT Services & Consulting | 11.43B | -30.92% | ||
| Technology | Other Software | 11.31B | -41.32% | ||
| Technology | Other Internet Services | 12.89B | -22.29% | ||
| Technology | Application Software | 44.8B | -6.90% | ||
| Technology | Other Semiconductors | 209B | +32.47% | ||
| Industrials | Other Electrical Components & Equipment | 6.22B | +26.19% | ||
| Industrials | Testing & Measuring Equipment | 4.11B | +18.69% | ||
| Technology | Enterprise Software | 11.4B | -14.96% | ||
| Technology | Other Semiconductors | 1.36B | -6.51% | ||
| Technology | Other Software | 30.13B | -18.71% | ||
| Technology | Other Software | 428M | -37.93% | ||
| Technology | Other Semiconductors | 39.04B | +65.82% | ||
| Industrials | Commercial Equipment | 6.88B | -12.24% | ||
| Energy | Other Oil Related Services and Equipment | 1.35B | +46.09% | ||
| Technology | Other IT Services & Consulting | 65.75B | -9.93% | ||
| Industrials | Other Electrical Components & Equipment | 8.51B | +9.06% | ||
| Consumer Cyclical | Internet & Mail Order Department Stores | 43.32B | +10.10% | ||
| Technology | Other Electronic Equipment & Parts | 3.14B | +39.82% | ||
| Technology | Other Semiconductors | 74.91B | +29.61% | ||
| Technology | E-commerce & Auction Services | 316B | -3.80% | ||
| Technology | Other Software | 4.92B | -36.96% | ||
| Technology | Cloud Computing Services | 1.91B | -22.71% | ||
| Technology | Mobile Application Software | 687M | +43.60% | ||
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