U.S. Artificial Intelligence Market Size & Outlook
U.S. artificial intelligence market, 2017-2030 (US$M)
Related Markets
U.S. artificial intelligence market highlights
- The U.S. artificial intelligence market generated a revenue of USD 42,004.0 million in 2023 and is expected to reach USD 233,411.5 million by 2030.
- The U.S. market is expected to grow at a CAGR of 27.8% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating solution in 2023.
- Services is the most lucrative solution segment registering the fastest growth during the forecast period.
Artificial intelligence market data book summary
| Market revenue in 2023 | USD 42,004.0 million |
| Market revenue in 2030 | USD 233,411.5 million |
| Growth rate | 27.8% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Advanced Micro Devices Inc, AiCure, ARM Holdings PLC ADR, Baidu Inc ADR, Alphabet Inc Class A, International Business Machines Corp, Intel Corp, Microsoft Corp, NVIDIA Corp |
Other key industry trends
- In terms of revenue, U.S. accounted for 21.4% of the global artificial intelligence market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. artificial intelligence market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 152,686.3 million by 2030.
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Artificial Intelligence Market Scope
Artificial Intelligence Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 35.89% in 2023. Horizon Databook has segmented the U.S. artificial intelligence market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
Artificial Intelligence is widely used in defense and military applications in the U.S. to improve capabilities, decision-making and address challenges in national security. In order to reduce risks to military personnel, the U.S. military actively develops and implements autonomous systems like UAVs, UGVs, and UUVs.
The adoption and development of autonomous vehicles in the U.S. are experiencing significant growth. As technology advancements continue and public awareness increases, autonomous vehicles become a focal point in the transportation industry.
Natural Language Processing (NLP) has gained significant traction and advancement in the U.S. NLP is used in virtual assistants like Apple's Siri, Amazon's Alexa, and Google Assistant to enable users to communicate with their gadgets using natural language commands.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. artificial intelligence market , including forecasts for subscribers. This country databook contains high-level insights into U.S. artificial intelligence market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. artificial intelligence market size, by solution, 2017-2030 (US$M)
U.S. Artificial Intelligence Market Outlook Share, 2023 & 2030 (US$M)
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