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Multimodal AI Market size was valued at USD 1.35 billion in 2024 and is projected to reach USD 5.6 billion by 2030. Along with a CAGR of around 32.91%.
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Generative AI Market Share size and share are expected to exceed USD 283.37 billion by 2034, with a compound annual growth rate (CAGR) of 34.6% during the forecast period.
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The Embedded AI Market Report is Segmented by Offering (Hardware and Software & Services), by Data Type (Sensor Data, Image, and Video Data, Numeric Data, Categorial Data, and Others), by End-User Vertical (BFSI, IT & Telecommunication, Retail & Ecommerce, Manufacturing, Energy & Utilities, Transportation & Logistics, Healthcare & Life Sciences, and Other End-User Verticals), and by Geography (North America, Europe, Asia, Australia and New Zealand, Latin America, and Middle East & Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
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[228+ Pages Report] The global artificial intelligence (AI) market size is expected to grow from USD 137 billion in 2022 to USD 1812 billion by 2030, at a CAGR of 38% from 2023-2030
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Global Artificial Intelligence Market is estimated to reach at a Significant CAGR during the forecast period 2024-2031 | Datam Intelligence
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The artificial intelligence market is estimated to grow from $273.6 billion currently to $5,267 billion by 2035, at a CAGR of 30.84% during the forecast period, till 2035.
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The global artificial intelligence market size was valued at USD 115.62 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 854.51 Billion by 2033, exhibiting a CAGR of 23.64% from 2025-2033. North America currently dominates the market, holding a market share of over 30.6% in 2024. The growth of the North American region is driven by technological innovation, robust infrastructure, strong governmental support, and increasing investment in research and development (R&D).
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 115.62 Billion |
Market Forecast in 2033 | USD 854.51 Billion |
Market Growth Rate 2025-2033 | 23.64% |
IMARC Group provides an analysis of the key trends in each segment of the global artificial intelligence market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on type, offering, technology, system, and end-use industry.
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By 2032, Global AI In Healthcare Market estimated size and share is predicted to surpass USD 431.05 billion, with a forecasted CAGR of 5.4% during the projection period.
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The conversational AI market size is projected to grow from $12.82 billion in 2024 to $136.41 billion by 2035, representing a CAGR of 23.98% during the forecast period 2024-2035.
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The AI in Video Surveillance Market Report is Segmented by Component (Hardware, Software, Services), by Deployment (Cloud, On-Premises), by End-User (Commercial, Residential, Military & Defense, Government & Public Facilities, Other End-Users), by Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
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The AI hardware market size is estimated to rise from $31.40 billion in 2024 to $624.45 billion by 2035, growing at a CAGR of 31.23% from 2024 to 2035.
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The adaptive AI market size is projected to grow from USD 1.48 billion in the current year to USD 61.52 billion by 2035, representing a CAGR of 40.35%, during the forecast period till 2035.
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The Industrial AI Software Market is Segmented by Type (Cloud-Based and On-Premise) and End-User Industries (Automotive and Transportation, Healthcare and Life Science, Aerospace and Defense, Energy and Utilities, Retail and Consumer Packaged Goods, and Other End-User Industries) and Geography (North America, Europe, Asia-Pacific, Latin America and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.
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Generative AI Market will reach $233,611.6 Million by 2033 from $13,646.7 Million in 2023, growing at a CAGR of 32.85% in the forecasted period of 2023-2033
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The quantum AI market size is projected to grow from USD 280 million in 2024 to USD 7,796 million by 2035, representing a CAGR of 35.29%, during the forecast period till 2035.
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[206+ Pages Report] Global generative AI market size is expected to grow from $21.56 Bn in 2023 to $517.67 Bn by 2032, at a CAGR of 37.40% from 2024-2032
Cloud Artificial Intelligence (AI) Market Size 2024-2028
The cloud artificial intelligence (ai) market size is forecast to increase by USD 12.61 billion at a CAGR of 24.1% between 2023 and 2028.
The market is experiencing significant growth, driven by the emergence of technologically advanced devices and the increasing adoption of 5G and mobile penetration. These factors enable the integration of AI technologies into various applications, leading to improved efficiency and productivity. However, the market also faces challenges from open-source platforms, which offer free AI solutions, making it difficult for market players to compete on price. Despite this, the market is expected to continue its growth trajectory, driven by the increasing demand for AI solutions in various industries, including healthcare, finance, and retail. Organizations are leveraging cloud-based AI solutions to gain insights from their data, automate processes, and enhance customer experiences.The market analysis report provides a comprehensive overview of these trends and challenges, offering valuable insights for stakeholders looking to capitalize on the growth opportunities In the cloud AI market.
What will be the Size of the Cloud Artificial Intelligence (AI) Market During the Forecast Period?
Request Free SampleThe market is experiencing robust growth, driven by the increasing adoption of machine learning (ML), deep learning, neural networks, and generative AI technologies. These advanced algorithms are revolutionizing various industries by emulating human intelligence in speech recognition, digital media, diagnostics, cybersecurity, and business decision-making. Hyperscale cloud platforms are becoming the preferred infrastructure for AI applications due to their ability to handle massive data processing requirements. Cloud AI solutions are transforming IT services by automating routine tasks, enhancing data analytics, and improving human capital management. They offer significant cost savings by eliminating the need for expensive hardware and maintenance. Moreover, AI-driven cloud management and data management solutions enable predictive analytics, personalization, productivity, and security enhancements.In addition, AI is playing a pivotal role in threat detection and cybersecurity, ensuring business continuity and data protection. Overall, the cloud AI market is poised for exponential growth, as organizations continue to leverage AI to gain a competitive edge In their respective industries.
How is this Cloud Artificial Intelligence (AI) Industry segmented and which is the largest segment?
The cloud artificial intelligence (ai) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ComponentSoftwareServicesGeographyNorth AmericaUSEuropeGermanyUKAPACChinaJapanSouth AmericaMiddle East and Africa
By Component Insights
The software segment is estimated to witness significant growth during the forecast period.
Artificial Intelligence (AI) software replicates human learning and behavior, revolutionizing various business sectors. AI development involves creating new software or enhancing existing solutions to deliver analytics results and trigger actions based on them. Applications of AI include automating business processes, personalizing services, and generating industry-specific insights. The digitization trend has driven industrial transformations, with healthcare being a prime example. According to BDO's Healthcare Digital Transformation Survey, 93% of US healthcare organizations adopted digital transformation strategies in 2021, integrating AI, computing, and enterprise resource planning software. AI functionality encompasses speech recognition, machine learning (ML), deep learning, neural networks, generative AI, automation, decision-making, and more.Hyperscale cloud platforms, IT services, infrastructure, data analytics, human capital management, cost savings, cloud management, data management, predictive analytics, personalization, productivity, security, threat detection, integration, talent gap, and chatbots are significant AI applications. AI tools process data, power business intelligence, and enable lower costs through ML-based models and GPUs. Enterprise datacenters, virtualization, public clouds, private clouds, and hybrid cloud solutions leverage AI for non-repetitive tasks. AI streamlines workloads, automates repetitive tasks, monitors and manages IT infrastructure, and offers dynamic cloud services. AI is transforming industries, from retail inventory management to financial organizations, providing competitive advantages through cost savings and improved decision-making capabilities.
Get a glance at the Cloud Artificial Intelligence (AI) Industry repo
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The AI Model Risk Management Market estimated size and share is projected to exceed USD 19036.19 million by 2032, with a forecasted CAGR of 12.8% during the period.
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Market Analysis for Artificial Intelligence Models The global artificial intelligence (AI) model market is projected to reach $267 billion by 2033, exhibiting a CAGR of 39% from 2025 to 2033. The market growth is primarily driven by the increasing adoption of AI in various industries, including scientific research, computer development, game development, and robot development. Key trends include the rise of cloud-based AI models, increased demand for data analysis, and the proliferation of edge computing devices. However, regulatory concerns, data privacy issues, and the requirement for skilled professionals pose challenges to the market. Segment Analysis Based on application, the market is segmented into scientific research, computer development, game development, robot development, and others. Scientific research holds the largest market share due to the increasing use of AI models in complex simulations, modeling, and data analysis. By type, the market is divided into search, questions and answers, marketing, and others. The search segment dominates the market, driven by the widespread use of AI models in search engines and online platforms for recommendation systems and personalized experiences.
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The global AI for Customer Service Market is expected to rise USD 117.87 billion by 2034 And anticipated to grow at a CAGR of 25.6%.
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Multimodal AI Market size was valued at USD 1.35 billion in 2024 and is projected to reach USD 5.6 billion by 2030. Along with a CAGR of around 32.91%.