Report: Artificial intelligence market growing at 37% a year | WRAL TechWire

Authored by WRAL TechWire - July 3rd, 2023

RESEARCH TRIANGLE PARK – The widespread discussion surrounding artificial intelligence is not merely exaggeration. According to a recent report, it is swiftly emerging as a lucrative industry.

According to a report from Grand View Research, the interest in AI is skyrocketing, with a yearly increase of 37% in monetary value. This trend is predicted to persist until the end of the decade, resulting in a staggering $1,811.75 billion market for AI.

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The report published on Monday outlines several key factors fueling the demand for AI.

The report mentioned companies that dominate the market.

For further information regarding the report, visit this website.