Global artificial intelligence market
DUBLIN, March 1, 2024 (GLOBE NEWSWIRE) — Added “Artificial Intelligence Market, Size, Global Forecast 2024-2030, Industry Trends, Share, Growth, Insights, Inflation Impact, Company Analysis” report Ta. ResearchAndMarkets.com Recruitment.
This report on the global Artificial Intelligence market once again highlights the transformative landscape of modern technology as it provides key insights into industry trends, growth patterns, and overall market forecast from 2024 to 2030. Masu. This comprehensive analysis reveals the potential of artificial intelligence. It will revolutionize multiple sectors, touching on the various factors driving its demand and adoption around the world.
Significant growth and diverse applications across key areas
The report provides details about the significant growth anticipated in the Artificial Intelligence market, which is projected to reach approximately USD 1,574.7 billion by 2030. With an impressive compound annual growth rate (CAGR) of 33.81%, the reported growth is driven by AI. It provides features that improve efficiency, decision-making processes, and productivity across prominent industries such as healthcare, finance, and cybersecurity. The proliferation of autonomous AI systems that work independently has been particularly noted for its positive impact on market acceleration.
Deep learning technology leads AI innovation
Within the technology realm, deep learning has emerged as a frontrunner, poised to impact the market with significant advances in analytics and autonomous system development. Its ability to analyze and interpret extensive datasets is transforming operations in healthcare, finance, self-driving cars, and more, positioning deep learning as a driving force in the advancement of AI.
Advertising and media departments take the lead with customized content solutions
A notable trend is that the advertising and media sector is poised to play a leading role in the global AI market as a result of the need for data-driven and personalized content. This area has become a central focus in the evolution of AI adoption, as AI-driven solutions are expected to increase return on investment (ROI) by powering targeted advertising strategies and real-time analytics. Masu.
Geographic regions ready for AI integration
Known for its fertile ground for innovation, the United States has emerged as a robust AI market leader due to significant federal government investment and a strategic focus on developing AI talent and technology.
Internationally, the AI market is witnessing growth trends across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa, with countries such as China, Japan, and India contributing significantly to the market trends.
Key Players Herald AI Advancements
The report also includes an analysis of the world’s leading companies shaping the AI industry. The market sees technology giants such as Microsoft Corporation, IBM, Amazon, and Baidu Inc. driving the industry towards a future powered by sophisticated AI solutions. The company’s developments in cloud-based AI platforms, such as NVIDIA’s recently announced NVIDIA DGX Cloud, point to a more streamlined and accessible AI infrastructure that serves a variety of business needs.
Notable developments from industry leaders
Leaders in the artificial intelligence field continue to make impressive progress, with recent developments boosting the market.
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Microsoft Corporation is enhancing its Azure AI platform to support digital transformation.
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IBM Corporation is expanding Watson capabilities to introduce smarter automation powered by AI.
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Amazon is leading the way in offering AI services on AWS to streamline cloud computing.
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NVIDIA and Oracle Cloud Infrastructure partnership to deliver DGX AI supercomputing power.
key attributes
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report attributes |
detail |
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number of pages |
250 |
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Forecast period |
2023-2030 |
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Estimated market value in 2023 (USD) |
$137.67 billion |
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Projected market value to 2030 (USD) |
$1057.47 billion |
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compound annual growth rate |
33.8% |
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Target area |
global |
Companies mentioned
For more information on this report, please visit https://www.researchandmarkets.com/r/ahwchq.
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