AI Market Forecast to Hit $1.8 Trillion in 2030

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The global value of the artificial intelligence market is expected to surge in the next decade, growing from about $95.6 billion in 2021 to $1.8 trillion by 2030, according to Next Move Strategy Consulting, a market research and management consulting company.

“Everything from supply chains, marketing, product making, research, analysis, and more are fields that will in some aspect adopt artificial intelligence within their business structures,” said Statista, a provider of business data. “Chatbots, image generating AI, and mobile applications are all among the major trends improving AI in the coming years.”