Artificial Intelligence Research Report 2024 - Global $386.1 Bn Market Trends, Opportunities and Competitive Analysis 2018-2030 [Yahoo! Finance]
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Source: Yahoo! Finance
The global artificial intelligence market is expected to reach an estimated $386.1 billion by 2030 with a CAGR of 29.2% from 2024 to 2030. The future of the global artificial intelligence market looks attractive with opportunities in the healthcare, security, retail, automotive, manufacturing, and financial technology (fintech) sectors. The major drivers for this market are increasing demand for virtual assistance for easy accessibility of services and growing adoption of cloud-based technology. Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies artificial intelligence companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Artificial In
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