AI Market: A New Frontier in Technology
Artificial Intelligence (AI) can be described as a field of computer science which deals with the development of intelligent agents. These are machines which can reason, acquire knowledge and behave independently. AI research has proven highly efficient in the development of effective strategies to solve a variety of problems, from games play to diagnosing medical conditions.
The global Artificial Intelligence market size was valued to be worth USD 129.28 billion in 2022. From 2023 to 2032, it is estimated to reach USD 2745 billion growing at a CAGR of 36.8%.
The decrease in the price of computer power. The price in computing energy has decreased in the last few years. This makes it possible to implement AI solutions for a broader array of applications.Artificial intelligence (AI) is an emerging field that has applications across a broad range of industries, such as manufacturing, finance, healthcare and transportation.
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