Global Artificial Intelligence (ai) In Animal Health Market Size & Outlook
Global artificial intelligence (ai) in animal health market, 2018-2030 (US$M)
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Global artificial intelligence (ai) in animal health market highlights
- The global artificial intelligence (ai) in animal health market generated a revenue of USD 1,108.0 million in 2023 and is expected to reach USD 3,764.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 19.1% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 698.9 million in 2023.
- Software & Services is the most lucrative solution segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,108.0 million |
| Market revenue in 2030 | USD 3,764.0 million |
| Growth rate | 19.1% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software & Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software & Services |
Other key industry trends
- In terms of revenue, the North America accounted for 39.0% of the global artificial intelligence (ai) in animal health market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 301.4 million by 2030.
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Artificial Intelligence (AI) In Animal Health Market Scope
Artificial Intelligence (AI) In Animal Health Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global artificial intelligence (ai) in animal health market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial intelligence (ai) in animal health market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 63.08% in 2023. Horizon Databook has segmented the Global artificial intelligence (ai) in animal health market based on hardware, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Artificial Intelligence (AI) In Animal Health Solution Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software & Services
- Global Artificial Intelligence (AI) In Animal Health Animal Type Outlook (Revenue, USD Million, 2018-2030)
- Companion Animals
- Production Animals
- Global Artificial Intelligence (AI) In Animal Health Application Outlook (Revenue, USD Million, 2018-2030)
- Diagnostics
- Identification, Tracking, & Monitoring
- Others
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Target buyers of Global artificial intelligence (ai) in animal health market databook
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Our clientele includes a mix of artificial intelligence (ai) in animal health market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global artificial intelligence (ai) in animal health market , including forecasts for subscribers. This global databook contains high-level insights into Global artificial intelligence (ai) in animal health market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global artificial intelligence (ai) in animal health market size, by regions, 2018-2030 (US$M)
Top 10 countries: Artificial intelligence (ai) in animal health market size, 2023 (US$M)
Global artificial intelligence (ai) in animal health market share, by solution, 2023 & 2030 (%, US$M)
Artificial intelligence (ai) in animal health market: Opportunity assessment by country
Global artificial intelligence (ai) in animal health market, by region, 2023 (US$M)
| Solution | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 248.7 | 267.1 | 297.3 | 358.5 | 391.9 | 431.8 | 484.5 | 553.2 | 642.7 | 759.4 | 912.4 | 1,114.4 | 1,383.3 | 18.1% |
| Europe | 235.4 | 253.6 | 283.1 | 342.4 | 375.5 | 415.2 | 467.3 | 535.4 | 624.0 | 739.9 | 892.0 | 1,093.3 | 1,361.8 | 18.5% |
| Asia Pacific | 87.3 | 96.9 | 111.4 | 138.7 | 156.4 | 177.8 | 205.7 | 242.0 | 289.7 | 352.5 | 436.0 | 548.0 | 699.7 | 21.6% |
| Latin America | 31.7 | 35.0 | 40.1 | 49.6 | 55.7 | 63.1 | 72.6 | 85.1 | 101.5 | 123.0 | 151.6 | 189.9 | 241.7 | 21.2% |
| MEA | 10.1 | 11.2 | 12.8 | 15.9 | 17.8 | 20.2 | 23.3 | 27.3 | 32.5 | 39.4 | 48.6 | 60.9 | 77.5 | 21.2% |
| Overall | 613.1 | 663.7 | 744.7 | 905.0 | 997.3 | 1,108.0 | 1,253.4 | 1,443.0 | 1,690.3 | 2,014.1 | 2,440.6 | 3,006.4 | 3,764.0 | 19.1% |
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