Global Artificial Intelligence (AI) Market (2018-2025) Global Artificial Intelligence (AI) Market (2018-2
BFSI, Healthcare and Retail sectors to foster the growth of the global
artificial intelligence market by 2025
Posted by Sarah Nash October 22, 2018 in Electronics &
Semiconductor
The global artificial intelligence market exhibited a value of USD 6.2
billion in 2017, and is projected to reach USD 153.4 billion by 2025,
growing at a CAGR of 49.6% during 2018–2025. The key factors
boosting growth of the market are increasing adoption of artificial
intelligence solutions across a broad range of industries, rise in
demand for analysing and interpreting large amount of data as well as
development and acceptance of technologically advanced artificial
intelligence solutions for upgrading consumer services.
Surging demand from several industries, such as retail, BFSI,
healthcare, automotive & transportation, media & advertising and
manufacturing worldwide has led to burgeoning market growth of
hardware solution.