The global artificial intelligence market is expected to reach a staggering $1,811.75 billion by 2030, growing at a compound annual growth rate (CAGR) of 35.9% from 2025 to 2030. This growth can be attributed to the increasing adoption of AI technologies across various industries, including healthcare, finance, retail, and automotive.
The market is driven by advancements in deep learning and machine learning, as well as the availability of rich datasets for research and development. North America dominated the market in 2024, driven by favorable government initiatives and investments in AI research and development. However, the Asia Pacific region is expected to register the highest CAGR, driven by increasing adoption of AI in the financial sector.
The market is expected to be led by key players such as Advanced Micro Devices, AiCure, Arm Limited, Atomwise, Inc., Baidu, Inc., Clarifai, Inc., Google LLC, IBM Corporation, Microsoft, and NVIDIA Corporation. As AI continues to transform industries and revolutionize the way businesses operate, the market is poised for significant growth and innovation.