Global Artificial Intelligence - Market Summary, Competitive Analysis and Forecast to 2025
Global Artificial Intelligence industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
- The Artificial Intelligence market is defined as the revenues generated from services of computer science concerning the intelligence of machines and is calculated on the basis of its direct revenue sources. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
- The global Artificial Intelligence market had total revenues of $58.8bn in 2020, representing a compound annual growth rate (CAGR) of 60.4% between 2016 and 2020.
- The value of the global artificial intelligence market grew by 37% in 2020, remaining at the strong double-digit growth trajectory of recent years.
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