How Big is the Artificial Intelligence Market?
The Global Artificial Intelligence Market size was valued at USD 214 Billion in 2024 and is projected to reach USD 863.79 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 32.19% during the forecast period, i.e., 2025-30. Most of the market growth would be propelled by the growing awareness across different industries about the advent of new technologies that can help them expedite research, development, production, & distribution processes, i.e., leading to increasing investments in Artificial Intelligence (AI)-based solutions to improve the functionality & performance of their operations at low costs.
Market Statistics
- Market Size in 2024: USD 214 Billion
- Market Size By 2030: USD 863.79 Billion
- Market Growth Rate (CAGR): 32.19% from 2025-2030
If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/artificial-intelligence-market.html
Artificial Intelligence Market Insight:
Driver-
Accelerating Adoption of Hyper-Personalized AI Services by Customers – As industries are aware of the risks that AI holds, many new entrants across diverse sectors are using these solutions for business growth. Because of it, a rise in customer engagement with these technologies for a successful business in a competitive and dynamic environment is augmenting the demand for AI solutions, tailoring the overall market expansion through the forecast period. Since businesses can build hyper-personalized marketing strategies as per their needs, the provision of AI is increasing rapidly globally and driving the Artificial Intelligence Market through 2030.
Artificial Intelligence Market Segmentation:
The report has segmented the market into the following categories:
By Offering
- Hardware
- Software
- Services
By Technology
- Machine Learning
- Natural Language Processing
- Context-Aware Computing
- Computer Vision
By Deployment
- Cloud
- On-premises
By Business Function
- Marketing and Sales
- Security
- Finance
- Law
- Human Resource
- Other
By Organization Size
- Large enterprises
- Small and medium-sized enterprises (SMEs)
By End User
- BFSI
- Retail
- Law
- Healthcare
- Advertising & Media
- Manufacturing
- Automotive and Transportation
- Others (IT/ITES, Telecommunication, etc.)
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
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Competitive Landscape:
- Intel Corporation
- Microsoft
- IBM
- Amazon Web Services
- Baidu, Inc.
- NVIDIA Corporation
- H2O.ai.
- Sensely, Inc.
- Enlitic, Inc.
- AiCure
- Arm Limited
- Clarifai, Inc.
- Cisco Systems Inc.
- Kyndryl Inc.
- Others.
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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Key Highlights of the Report:
- Market Performance (2025-2030)
- Strategic Recommendations
- Current, Historical and Future Market Trends
- Market Drivers and Leading Competitor
- SWOT Analysis
- Structure of the Market
- Comprehensive Mapping and Recent Advancement
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