Technavio has been monitoring the artificial intelligence (AI) market and it is poised to grow by USD 75.54 bn during 2019-2023, progressing at a CAGR of over 33% during the forecast period.
According to Technavio, the market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
One can also observed that, to make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increased employee productivity has been instrumental in driving the growth of the market. Request latest free sample report of 2020-2024.
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