AI Market Soars: Projected to Reach $1 Trillion by 2031
Summary
The AI market, encompassing technologies like computer vision, machine learning, and natural language processing, is poised for explosive growth, projected to soar from $244.22 billion in 2025 to an astonishing $1.01 trillion by 2031, with the United States leading the charge.
Key Points
- The Artificial Intelligence (AI) market is projected to reach $244.22 billion in 2025 and grow at a CAGR of 26.60% to reach $1.01 trillion by 2031.
- The AI market includes various technologies like computer vision, machine learning, natural language processing, AI robotics, autonomous & sensor technology, and generative AI.
- The United States is expected to have the largest AI market size globally, reaching $73.98 billion in 2025.