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AI market to grow at CAGR of 36.8% to 2030, according to market study

August 17, 2023

CHICAGO. The global artificial intelligence (AI) market, which totaled $150.2 billion in 2023, is predicted to grow to $1.35 trillion by 2030, at a compound annual growth rate (CAGR) of 36.8% during the forecast period, according to a new report by MarketsandMarkets, "Artificial Intelligence Market."