Artificial Intelligence Market to Reach a Value of USD 3,582.75 Billion by 2034 at 31.3% CAGR from 2025 to 2034 – PMR [Yahoo! Finance]
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Source: Yahoo! Finance
from banking to image recognition and virtual assistants to self-driving cars. New York, USA, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Market Outlook: The market for artificial intelligence is poised to witness robust growth, according to the latest research report by Polaris Market Research. The artificial intelligence market size was valued at USD 235.27 billion in 2024 and is projected to grow to USD 3,582.75 billion by 2034. It is anticipated to exhibit a CAGR of 31.3% from 2025 to 2034. What Is Artificial Intelligence? Artificial intelligence (AI) is a set of technologies that allow machines and computers to simulate human learning and reasoning. AI is a broad field that draws from several disciplines, including neuroscience, statistics, computer science, and philosophy. AI systems can learn from their errors and improve their accuracy. They can understand and translate spoken and written language. Also, AI systems are capable of analyzing vast amounts of
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