Global Artificial Intelligence Market Size & Outlook
Global artificial intelligence market, 2017-2030 (US$M)
Related Markets
Global artificial intelligence market highlights
- The global artificial intelligence market generated a revenue of USD 196,633.9 million in 2023 and is expected to reach USD 1,811,747.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 37.3% by 2030.
- In terms of segment, software accounted for a revenue of USD 70,453.6 million in 2023.
- 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 196,633.9 million |
| Market revenue in 2030 | USD 1,811,747.3 million |
| Growth rate | 37.3% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data covered | 2017 - 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 30.9% of the global artificial intelligence market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 49,209.2 million by 2030.
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Artificial Intelligence Market Scope
Artificial Intelligence Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global artificial intelligence 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 market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 35.83% in 2023. Horizon Databook has segmented the Global artificial intelligence market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Artificial Intelligence Solution Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- Accelerators
- Processors
- Memory
- Network
- Software
- Services
- Professional Services
- Managed Services
- Hardware
- Global Artificial Intelligence Technology Outlook (Revenue, USD Million, 2017-2030)
- Deep Learning
- Machine Learning
- Natural Language Processing (NLP)
- Machine Vision
- Generative AI
- Global Artificial Intelligence End Use Outlook (Revenue, USD Million, 2017-2030)
- Healthcare
- Robot Assisted Surgery
- Virtual Nursing Assistants
- Hospital Workflow Management
- Dosage Error Reduction
- Clinical Trial Participant Identifier
- Preliminary Diagnosis
- Automated Image Diagnosis
- BFSI
- Risk Assessment
- Financial Analysis/Research
- Investment/Portfolio Management
- Others
- Law
- Retail
- Advertising & Media
- Automotive & Transportation
- Agriculture
- Manufacturing
- Others (Oil & Gas, Education, Aerospace & Defense, Cybersecurity )
- Healthcare
- Global Artificial Intelligence Function Outlook (Revenue, USD Million, 2017-2030)
- Cybersecurity
- Finance and Accounting
- Human Resource Management
- Legal and Compliance
- Operations
- Sales and Marketing
- Supply Chain Management
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Target buyers of Global artificial intelligence market databook
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Our clientele includes a mix of artificial intelligence market companies, investment firms, advisory firms & academic institutions.
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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 market , including forecasts for subscribers. This global databook contains high-level insights into Global artificial intelligence market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global artificial intelligence market size, by regions, 2017-2030 (US$M)
Top 10 countries: Artificial intelligence market size, 2023 (US$M)
Global artificial intelligence market share, by solution, 2023 & 2030 (%, US$M)
Artificial intelligence market: Opportunity assessment by country
Global artificial intelligence market, by region, 2023 (US$M)
Related regional statistics
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