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 | 236B | +49.25% | ||
| Industrials | Other Industrial Machinery & Equipment | 35.5B | -0.61% | ||
| Technology | Integrated Circuits | 189B | +163.29% | ||
| Technology | Other Communications & Networking | 434B | +43.10% | ||
| Technology | Other Semiconductor Equipment & Testing | 158B | +61.45% | ||
| Technology | Other Semiconductors | 10.11B | +6.41% | ||
| Industrials | Other Industrial Machinery & Equipment | 28.37B | +32.37% | ||
| Industrials | Elevator & Conveying Equipment | 13.73B | +18.93% | ||
| Technology | Integrated Circuits | 22.57B | +152.47% | ||
| Industrials | Other Heavy Electrical Equipment | 177B | +33.70% | ||
| Technology | Other Semiconductor Equipment & Testing | 19.61B | +17.90% | ||
| Technology | Other Electronic Equipment & Parts | 123B | +45.11% | ||
| Technology | Other Computer Hardware | 69.43B | +118.28% | ||
| Industrials | Testing & Measuring Equipment | 9.85B | +62.70% | ||
| Technology | Other Semiconductors | 43.95B | +89.62% | ||
| Technology | Other Semiconductors | 1,934B | +53.23% | ||
| Technology | Other Semiconductor Equipment & Testing | 668B | +62.30% | ||
| Technology | Semiconductor Machinery Manufacturing | 47B | +58.81% | ||
| Technology | Other Software | 3,619B | +0.76% | ||
| Technology | Phones & Smart Phones | 4,529B | +14.15% | ||
| Technology | Other Phones & Handheld Devices | 1,181B | +114.35% | ||
| Technology | Search Engines | 4,238B | +11.20% | ||
| Technology | Semiconductor Testing Equipment & Service | 57.05B | +88.52% | ||
| Technology | Other Semiconductors | 5,049B | +11.79% | ||
| Technology | Social Media & Networking | 1,424B | -15.31% | ||
| Technology | Enterprise Software | 5.64B | -42.60% | ||
| Technology | Other IT Services & Consulting | 280M | +90.62% | ||
| Industrials | Highway & Bridge Construction | 15.19B | +62.19% | ||
| Technology | Servers & Systems | 22.75B | +20.16% | ||
| Technology | Other IT Services & Consulting | 2.56B | -9.59% | ||
| Technology | Other Software | 34.18B | +56.49% | ||
| Consumer Cyclical | Internet & Mail Order Department Stores | 2,827B | +13.54% | ||
| Technology | Mobile Application Software | 9.35B | -31.47% | ||
| Technology | Other Software | 8.65B | +10.34% | ||
| Technology | Other Software | 8.59B | +1.10% | ||
| Technology | Enterprise Software | 12.18B | -39.16% | ||
| Technology | Security Software | 112B | +91.40% | ||
| Technology | Other IT Services & Consulting | 2.94B | +43.96% | ||
| Technology | Cloud Computing Services | 6.17B | +34.28% | ||
| Technology | Other Software | 20.31B | +4.51% | ||
| Technology | Other Software | 423B | -1.05% | ||
| Technology | Other Semiconductors | 746B | +113.27% | ||
| Technology | Other Software | 81.07B | +66.02% | ||
| Technology | Other Internet Services | 333B | -14.67% | ||
| Technology | Application Software | 110B | -21.06% | ||
| Healthcare | Other Advanced Medical Equipment & Technology | 132B | -34.04% | ||
| Industrials | Other Industrial Machinery & Equipment | 5.2B | -32.72% | ||
| Technology | Other Semiconductors | 40.3B | +16.46% | ||
| Technology | Other Semiconductors | 11.59B | +46.42% | ||
| Industrials | Testing & Measuring Equipment | 5B | +45.30% | ||
| Industrials | Other Electrical Components & Equipment | 8.07B | +4.42% | ||
| Technology | Enterprise Software | 252B | -10.84% | ||
| Industrials | Industrial Machinery | 662M | +47.23% | ||
| Consumer Non-Cyclical | Consumer Goods Conglomerates | 13.61B | +25.77% | ||
| Industrials | Other Electrical Components & Equipment | 55.56B | +18.03% | ||
| Technology | Search Engines | 24.2B | -7.84% | ||
| Technology | Other Electronic Equipment & Parts | 28.98B | +22.41% | ||
| Healthcare | Other Advanced Medical Equipment & Technology | 311M | +17.68% | ||
| Technology | Other Internet Services | 162B | -2.96% | ||
| Technology | Security Software | 194B | +62.71% | ||
| Technology | Cloud Computing Services | 18.02B | +29.00% | ||
| Technology | Application Software | 16.74B | -11.42% | ||
| Technology | Financial Technology (Fintech) (NEC) | 39.73B | -22.01% | ||
| Technology | Other Semiconductors | 255B | +118.44% | ||
| Technology | Cloud Computing Services | 14.18B | +13.17% | ||
| Technology | Other Semiconductors | 1.34B | -4.62% | ||
| Technology | Social Media & Networking | 1.72B | -31.51% | ||
| Industrials | Other Heavy Machinery & Vehicles | 4.71B | +26.62% | ||
| Industrials | Other Electrical Components & Equipment | 7.8B | +63.54% | ||
| Technology | Other Semiconductors | 169B | -7.32% | ||
| Technology | Enterprise Software | 8.89B | -29.42% | ||
| Technology | Other Electronic Equipment & Parts | 3.28B | +53.87% | ||
| Technology | Enterprise Software | 410B | -26.91% | ||
| Technology | Other Semiconductors | 81.94B | +46.33% | ||
| Technology | Other Internet Services | 504B | -26.31% | ||
| Technology | Other Household Electronics | 24.34B | +117.41% | ||
| Technology | Cloud Computing Services | 171B | -21.08% | ||
| Technology | Other Software | 390M | +20.54% | ||
| Technology | Other IT Services & Consulting | 12.73B | -18.99% | ||
| Technology | Other Software | 87B | +1.07% | ||
| Technology | Cloud Computing Services | 3.66B | -38.94% | ||
| Technology | Cloud Computing Services | 5.25B | +24.41% | ||
| Technology | Other Software | 614M | +11.87% | ||
| Technology | Phones & Smart Phones | 91.37B | -29.31% | ||
| Financials | Consumer Leasing | 2.91B | -31.65% | ||
| Technology | Enterprise Software | 132B | -16.41% | ||
| Technology | Other IT Services & Consulting | 218B | -22.00% | ||
| Technology | Other IT Services & Consulting | 22.06B | -22.95% | ||
| Technology | Technology Consulting & Outsourcing Services | 12.75B | +32.94% | ||
| Technology | Other Software | 35B | -6.88% | ||
| Technology | Other IT Services & Consulting | 3.65M | -86.63% | ||
| Technology | Other IT Services & Consulting | 1.96B | +12.13% | ||
| Technology | Application Software | 617M | -8.83% | ||
| Technology | Mobile Application Software | 806M | +69.24% | ||
| Energy | Other Oil Related Services and Equipment | 1.47B | +59.01% | ||
| Technology | Other Internet Services | 13.29B | -9.35% | ||
| Technology | Security Software | 286B | +90.50% | ||
| Technology | Scientific & Super Computers | 16.31B | -8.49% | ||
| Technology | Enterprise Software | 13.53B | +0.88% | ||
| Consumer Cyclical | Internet & Mail Order Department Stores | 39.24B | +1.74% | ||
News of the components
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