Home / Information & Technology / Technology / Artificial Intelligence Market
Artificial Intelligence (AI) Market Size, Share & Industry Analysis, By Component (Hardware, Software/Platform, and Services), By Function (Human Resources, Marketing & Sales, Product/Service Deployment, Service Operation, Risk, Supply-Chain Management, and Others (Strategy and Corporate Finance)), By Deployment (Cloud and On-premises), By Industry (Healthcare, Retail, IT & Telecom, BFSI, Automotive, Advertising & Media, Manufacturing, and Others), and Regional Forecast, 2024-2032
Report Format: PDF | Latest Update: Oct, 2024 | Published Date: Apr, 2024 | Report ID: FBI100114. | Status : PublishedSummary
TOC
Methodology
Market Segmentation
Frequently Asked Questions
How much will the artificial intelligence (AI) market be worth by 2032?
The market value is projected to reach USD 2,740.46 billion by 2032.
What was the value of the global artificial intelligence (AI) market in 2023?
In 2023, the market value stood at USD 515.31 billion.
At what CAGR is the market projected to grow during the forecast period of 2024-2032?
The market is projected to record a CAGR of 20.4%.
Which is the leading function segment in the market?
The service operation segment was leading the market in 2023.
Which is the key factor driving the market growth?
Government initiatives and investments in artificial intelligence technologies to drive the growth of market.
Who are the top players in the market?
Microsoft Corporation, IBM Corporation, Amazon.com, Inc., Apple Inc., and NVIDIA Corporation are the top players in the market.
Which region is expected to hold the highest market share?
North America is expected to hold the highest market share.
Which region is expected to grow at a significant CAGR?
Asia Pacific is expected to grow at a significant CAGR.
- Global
- 2023
- 2019-2022
- 190