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 | 44.78B | +23.52% | ||
| Technology | Other Semiconductor Equipment & Testing | 151B | +52.83% | ||
| Technology | Other Semiconductors | 12.69B | +39.32% | ||
| Technology | Integrated Circuits | 22.28B | +145.18% | ||
| Industrials | Elevator & Conveying Equipment | 17.79B | +53.75% | ||
| Technology | Integrated Circuits | 1,895B | +47.74% | ||
| Technology | Other Semiconductor Equipment & Testing | 598B | +43.20% | ||
| Technology | Other Software | 3,084B | -14.16% | ||
| Technology | Semiconductor Machinery Manufacturing | 50.76B | +70.44% | ||
| Technology | Other Phones & Handheld Devices | 1,175B | +123.94% | ||
| Technology | Enterprise Software | 6.01B | -39.76% | ||
| Technology | Search Engines | 4,836B | +28.05% | ||
| Technology | Semiconductor Testing Equipment & Service | 56.32B | +85.87% | ||
| Technology | Other Semiconductors | 5,228B | +15.39% | ||
| Technology | Social Media & Networking | 1,547B | -7.64% | ||
| Technology | Phones & Smart Phones | 4,308B | +7.89% | ||
| Technology | Other IT Services & Consulting | 239M | +53.75% | ||
| Technology | Other IT Services & Consulting | 2.99B | +3.78% | ||
| Technology | Other Software | 611M | -4.69% | ||
| Technology | Other Software | 5.65B | -34.17% | ||
| Technology | Enterprise Software | 10.16B | -50.82% | ||
| Industrials | Highway & Bridge Construction | 25.92B | +175.87% | ||
| Technology | Other Internet Services | 368B | -6.69% | ||
| Technology | Other Software | 330B | -22.48% | ||
| Consumer Cyclical | Internet & Mail Order Department Stores | 2,933B | +18.14% | ||
| Technology | Cloud Computing Services | 3.32B | -29.06% | ||
| Healthcare | Other Advanced Medical Equipment & Technology | 159B | -20.53% | ||
| Technology | Other Semiconductors | 742B | +112.55% | ||
| Technology | Security Software | 83.51B | +43.65% | ||
| Technology | Application Software | 102B | -27.70% | ||
| Technology | Enterprise Software | 1.61B | -38.11% | ||
| Technology | Enterprise Software | 94.03B | -40.48% | ||
| Technology | Other Semiconductors | 262B | +65.89% | ||
| Technology | Integrated Circuits | 185B | +153.85% | ||
| Technology | Other Communications & Networking | 381B | +25.37% | ||
| Industrials | Other Industrial Machinery & Equipment | 33.4B | +52.15% | ||
| Technology | Social Media & Networking | 2.09B | -16.93% | ||
| Technology | Enterprise Software | 201B | -29.83% | ||
| Industrials | Other Heavy Electrical Equipment | 191B | +38.50% | ||
| Technology | Other Semiconductor Equipment & Testing | 25.05B | +47.65% | ||
| Technology | Enterprise Software | 564B | +0.53% | ||
| Technology | Enterprise Software | 8.39B | -33.51% | ||
| Technology | Other Electronic Equipment & Parts | 130B | +48.50% | ||
| Industrials | Testing & Measuring Equipment | 10.93B | +82.49% | ||
| Technology | Cloud Computing Services | 149B | -31.37% | ||
| Technology | Other Internet Services | 543B | -21.30% | ||
| Industrials | Other Electrical Components & Equipment | 53.27B | +13.19% | ||
| Technology | Search Engines | 22.01B | -11.34% | ||
| Technology | Servers & Systems | 21.24B | +20.84% | ||
| Industrials | Other Industrial Machinery & Equipment | 6.58B | -12.12% | ||
| Technology | Application Software | 16.94B | -15.82% | ||
| Technology | Mobile Application Software | 10.32B | -24.66% | ||
| Technology | Other Software | 30.61B | +41.80% | ||
| Technology | Enterprise Software | 14.17B | -22.40% | ||
| Technology | Other Internet Services | 154B | -7.66% | ||
| Technology | Security Software | 169B | +12.86% | ||
| Technology | Other Semiconductors | 227B | +95.11% | ||
| Technology | Cloud Computing Services | 12.14B | -6.09% | ||
| Technology | Cloud Computing Services | 12.2B | -11.01% | ||
| Technology | Financial Technology (Fintech) (NEC) | 35.01B | -31.43% | ||
| Technology | Other Semiconductors | 53.62B | +55.51% | ||
| Technology | Other Semiconductors | 9.74B | +21.06% | ||
| Technology | Other IT Services & Consulting | 216B | -22.43% | ||
| Industrials | Other Heavy Machinery & Vehicles | 3.91B | +3.90% | ||
| Industrials | Industrial Machinery | 684M | +48.94% | ||
| Technology | Technology Consulting & Outsourcing Services | 9.28B | +2.27% | ||
| Consumer Non-Cyclical | Consumer Goods Conglomerates | 17.43B | +57.32% | ||
| Technology | Other Semiconductors | 51.3B | +118.52% | ||
| Technology | Other Household Electronics | 17.95B | +67.68% | ||
| Technology | Other Electronic Equipment & Parts | 28.79B | +21.67% | ||
| Healthcare | Other Advanced Medical Equipment & Technology | 406M | +52.02% | ||
| Technology | Other IT Services & Consulting | 12.05B | -26.64% | ||
| Technology | Cloud Computing Services | 4.21B | -29.72% | ||
| Technology | Other Software | 12.29B | -36.25% | ||
| Technology | Cloud Computing Services | 4.43B | +3.40% | ||
| Financials | Consumer Leasing | 2.77B | -33.78% | ||
| Technology | Application Software | 71.25B | +47.19% | ||
| Technology | Phones & Smart Phones | 104B | -19.39% | ||
| Technology | Other Software | 100B | +16.03% | ||
| Technology | Other Internet Services | 11.91B | -17.84% | ||
| Industrials | Testing & Measuring Equipment | 5.15B | +48.01% | ||
| Technology | Enterprise Software | 10.86B | -19.04% | ||
| Technology | Other Semiconductors | 1.67B | +14.55% | ||
| Technology | Other IT Services & Consulting | 20.67B | -27.28% | ||
| Technology | Other Software | 479M | -29.95% | ||
| Technology | Mobile Application Software | 705M | +47.96% | ||
| Technology | Other Software | 444M | -7.67% | ||
| Energy | Other Oil Related Services and Equipment | 1.42B | +54.07% | ||
| Technology | Other Internet Services | 107M | -17.08% | ||
| Technology | Other Software | 316M | -2.52% | ||
| Industrials | Other Electrical Components & Equipment | 7.84B | +57.75% | ||
| Technology | Other IT Services & Consulting | 59.52B | -18.54% | ||
| Industrials | Other Electrical Components & Equipment | 10.54B | +33.87% | ||
| Consumer Cyclical | Internet & Mail Order Department Stores | 41.31B | +4.98% | ||
| Technology | Other Software | 30.3B | -18.02% | ||
| Technology | Other Electronic Equipment & Parts | 3.52B | +56.36% | ||
| Technology | Other Semiconductors | 94.31B | +63.42% | ||
| Technology | E-commerce & Auction Services | 320B | -4.45% | ||
| Industrials | Commercial Equipment | 7.26B | -7.45% | ||
| Technology | Other Software | 5.41B | -30.74% | ||
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