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
ARTIFICIAL INTELLIGENCE MARKET SIZE AND FUTURE OUTLOOK
Frequently Asked Questions
The market is projected to reach a valuation of USD 1,771.62 billion by 2032.
In 2024, the market was valued at USD 233.46 billion.
The market is projected to record a CAGR of 29.2% during the forecast period.
The software segment is expected to lead the market in terms of share.
Increasing adoption of AI assistance for human agents will boost the market growth.
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.
North America is expected to hold the highest market share.
The healthcare industry is expected to record the highest CAGR during the forecast period.
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