In a recent interview, Subi Chaturvedi, Senior Vice President at InMobi, discussed the projected growth of the global AI market, which is expected to reach $1.81 trillion by 2030. This estimation highlights the transformative potential of artificial intelligence across various sectors worldwide.
Chaturvedi emphasized the profound impact AI technologies are poised to have on economies and businesses globally. She noted that AI's evolution from a nascent technology to a critical driver of innovation is accelerating, fueled by advancements in machine learning, natural language processing, and computer vision.
The interview underscored the role of AI in enhancing operational efficiency, customer engagement, and decision-making processes across industries. Chaturvedi highlighted how businesses are increasingly integrating AI to streamline operations, personalize customer experiences, and gain actionable insights from data.
Looking ahead to 2030, the outlook for AI remains robust, with continued investments driving technological advancements and adoption. Chaturvedi expressed optimism about AI's potential to address complex challenges and drive sustainable growth in diverse sectors such as healthcare, finance, retail, and manufacturing.