What is AI market worth?
Table of Contents
What is AI market worth?
AI could contribute up to $15.7 trillion1 to the global economy in 2030, more than the current output of China and India combined. Of this, $6.6 trillion is likely to come from increased productivity and $9.1 trillion is likely to come from consumption-side effects.
What is present demand of AI globally?
Answer: The global Artificial Intelligence (AI) Robots market size is projected to reach USD million by 2026, from USD million in 2020, at a CAGR of during 2021-2026. Market Overview: The global market is anticipated to rise at a considerable rate during the forecast period, between 2021 and 2026.
Who is the market leader in AI?
Market research firm IDC ranked IBM as the leader in AI software platforms with a 8.8\% market share in 2019, or $303.8 million in revenue, up 26\% from the prior year.
Is AI a growing market?
16, 2021 (GLOBE NEWSWIRE) — The global Artificial Intelligence (AI) market size is expected to gain momentum by reaching USD 360.36 billion by 2028 while exhibiting a CAGR of 33.6\% between 2021 to 2028….
| Report Coverage | Details |
|---|---|
| Market Size in 2020 | USD 35.92 Billion |
| Historical Data for | 2017 to 2019 |
| No. of Pages | 150 |
How fast is the AI market growing?
Artificial intelligence software market growth forecast worldwide 2019-2025. In 2020, the global AI software market is expected to grow approximately 54 percent year-on-year, reaching a forecast size of 22.6 billion U.S. dollars.
How big is the global AI market?
USD 93.53 billion
The global AI market size was estimated at USD 62.35 billion in 2020 and is expected to reach USD 93.53 billion in 2021….
| Report Attribute | Details |
|---|---|
| Market size value in 2021 | USD 93.53 billion |
| Revenue forecast in 2028 | USD 997.77 billion |
| Growth Rate | CAGR of 40.2\% from 2021 to 2028 |
What is the most complex form of AI?
4. Self-awareness. Self-awareness AI machines are the most complex that we might ever be able to envision and are described by some as the ultimate goal of AI. These are machines that have human-level consciousness and understand their existence in the world.