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Artificial Intelligence (AI) Market Size to Worth USD 521.3 billion by 2030 With a 35% CAGR

The exponential ai growth statistics of digital data from various sources presents immense opportunities for the AI market. With the proliferation of connected devices, social media platforms, online transactions, and sensors, an unprecedented volume of data is generated every day. This abundance of data offers a vast and diverse resource for AI algorithms to leverage.

The “Artificial Intelligence (AI)” Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global Artificial Intelligence (AI) Industry presents a market overview, product details, classification, and market concentration.

The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles, product picture and specification, capacity, production, price, cost, revenue, and contact information. The Artificial Intelligence (AI) Market report provides an in-depth study of SWOT analysis i.e.

Strength, Weakness, Opportunities, and Threat to the organization.

The global artificial Intelligence (AI) market is expected to grow at 35% CAGR from 2023 to 2030. It is expected to reach above USD 521.3 billion by 2030 from 35 USD billion in 2022.

Artificial Intelligence Market Growth Dynamics

The increasing adoption of autonomous artificial intelligence (AI) is driving the growth of the Artificial Intelligence Industry. This trend is fueled by advancements in algorithms, machine learning techniques, and natural language processing, enabling the development of sophisticated autonomous AI systems.

These systems offer improved accuracy and reliability, attracting organizations from various industries.

Autonomous AI optimizes operations, leading to cost savings and enhanced productivity.

It finds applications in healthcare, finance, manufacturing, transportation, and retail sectors. The cost reduction associated with autonomous AI industry, driven by automation, further drives its adoption.

As technology advances and more industries recognize its benefits, the Artificial Intelligence (AI) Market size is poised for expansion, fostering innovation and new opportunities.

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Top Companies in the Global Artificial Intelligence (AI) Market: Alphabet Inc. (US), Microsoft Corporation (US), IBM Corporation (US), Baidu, Inc.

(China), Intel Corporation (US), Samsung Electronics Co., Ltd. (South Korea), Amazon Web Services, Inc.

(US), SAS Institute Inc. (US), Facebook, Inc. (US), SAP SE (Germany),, Inc.

(US), NVIDIA Corporation (US), Oracle (US), Cisco (US), Siemens (US), Huawei (China), Alibaba Cloud (China).

The research study evaluates the overall size of the market, by making use of a bottom-up approach, wherein data for different industry verticals, and end-user industries and its applications across various product types have been recorded and predicted during the forecast period. These segments and sub-segments have been documented from the industry specialists and professionals, as well as company representatives, and are outwardly validated by analysing previous year’s data of these segments and sub-segments for getting an accurate and complete Artificial Intelligence (AI) market size.

Market Segment:

Artificial Intelligence (AI) Market by Offering, 2022-2028, (In USD Billion)






Application Program Interface (API)

Machine Learning Framework


Deployment And Integration

Support And Maintenance

Artificial Intelligence (AI) Market by Technology, 2022-2028, (In USD Billion)

Machine Learning

Deep Learning

Supervised Learning

Unsupervised Learning

Reinforcement Learning

Other Technology

Natural Language Processing

Context-Aware Computing

Computer Vision

Artificial Intelligence (AI) Market by Business Function, 2022-2028, (In USD Billion)

Marketing And Sales




Human Resource

Other Business Function ()

Artificial Intelligence (AI) Market by Vertical 2022-2028, (In USD Billion)


Retail And Ecommerce

Telecommunication And It

Healthcare And Life Sciences


Government And Defense


Energy And Utilities

Other Verticals (Education, Media And Entertainment And Travel And Hospitality)

Influence of the Artificial Intelligence (AI) Market Report:

-Comprehensive assessment of all opportunities and risk in the Artificial Intelligence (AI) market.

-Artificial Intelligence (AI) market recent innovations and major events.

-Detailed study of business strategies for growth of the Artificial Intelligence (AI) market-leading players.

-Conclusive study about the growth plot of Artificial Intelligence (AI) market for forthcoming years.

-In-depth understanding of Artificial Intelligence (AI) market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Artificial Intelligence (AI) market.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Survey Tool in these regions, from 2024 to 2030, covering

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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The report provides insights on the following pointers:

Chapter 1 Study Coverage

Chapter 2 Executive Summary

Chapter 3 Artificial Intelligence (AI) Market Competitor Landscape by Players

Chapter 4 Artificial Intelligence (AI) Market Size by Type and Application

Chapter 5 Global and Regional Analysis

Chapter 6 Company Profiles, recent developments, and investments

Chapter 7 Market Opportunities, Challenges, Risks and Influences Factors Analysis

Chapter 8 Value Chain and Sales Channels Analysis with breakthrough product developments

Chapter 9 Research Findings and Conclusion

Chapter 10 Methodology/Research Approach

Finally, the Artificial Intelligence (AI) Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure, and so on.

Artificial Intelligence (AI) industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Category: Industry Reports & Market Analysis Profile: Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
What we aim is to provide a holistic picture of the market taking into account all the possible market drivers.
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