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Artificial Intelligence Market Size, Share & Industry Analysis, By Component (Hardware, Software, Services), By Deployment (On-premise, Cloud), By Enterprise Type (Large Enterprises, Small & Medium-sized Enterprises), By Function (Human Resources, Marketing & Sales, Product/Service Deployment, Service Operation), By Technology (Machine Learning, Natural Language Processing, Computer Vision, Robotics, Automation, Expert Systems), By Industry (Healthcare, Automotive, Retail, BFSI, Manufacturing, Agriculture, Government and Public Sector) & Regional Forecast, 2025 – 2032
Report Format: PDF | Published Date: Jan, 2025 | Report ID: FBI100114. | Status : PublishedFrequently Asked Questions
How much will the artificial intelligence market be worth by 2032?
The market is projected to reach a valuation of USD 1,771.62 billion by 2032.
What was the value of the global artificial intelligence market in 2024?
In 2024, the market was valued at USD 233.46 billion.
At what CAGR is the market projected to grow during the forecast period of 2025-2032?
The market is projected to record a CAGR of 29.2% during the forecast period.
Which is the leading component segment in the market in terms of share?
The software segment is expected to lead the market in terms of share.
Which is the key factor driving the market growth?
Increasing adoption of AI assistance for human agents will boost the market growth.
Who are the top players in the market?
Oracle Corporation, Microsoft Corporation, Amazon, Inc., Alphabet Inc., Salesforce.com, Inc., Baidu, Inc., NVIDIA Corporation, H2O.ai, and HPE 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 industry is expected to record the highest CAGR?
The healthcare industry is expected to record the highest CAGR during the forecast period.
- Global
- 2024
- 2019-2023
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