The commerce artificial intelligence market rises at a CAGR of 7.87% while it is analyzed by offering, platform, application, technology, implementation, and end users.

Artificial Intelligence Market was valued at USD 92.33 billion in 2023 and is projected to reach USD 590.29 billion, with a CAGR of 26.1% by 2031

Global Artificial Intelligence (AI) Platform Service Market, By Component (Tools and Services), Tools (NLP and ML), Solution (Hardware, Software and Services), Service (Managed and Professional), Deployment Mode (Cloud and On-premises), Technology (Deep Learning, Machine Learning, Natural Language Processing (NLP) and Machine Vision), Application (Forecasts and Prescriptive Models, Chatbots, Speech Recognition, Text Recognition and Others), End User (Manufacturing, Healthcare, BFSI, Research and Academia, Transportation, Retail and ECommerce and Others), and Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028    

Artificial Intelligence (AI) in Insurance Market was USD 3.64 billion in 2022 and will reach USD 35.77 billion by 2030, at a CAGR of 33.06% during the forecast period.

Artificial Intelligence (AI) Chipset Market was valued at USD 19.47 billion in 2023 and is projected to reach USD 241.59 billion, with a CAGR of 37.00% by 2031

Artificial Intelligence Market was valued at USD 92.33 billion in 2023 and is projected to reach USD 590.29 billion, with a CAGR of 26.1% by 2031

Artificial Intelligence Platform Market will grow at a CAGR of 32.48% during the forecast period by 2029. It is categorized as component, deployment mode, application and end-user.

Artificial Intelligence (AI) Chipset Market was valued at USD 19.47 billion in 2023 and is projected to reach USD 241.59 billion, with a CAGR of 37.00% by 2031

Artificial Intelligence (AI) in Insurance Market was USD 3.64 billion in 2022 and will reach USD 35.77 billion by 2030, at a CAGR of 33.06% during the forecast period.

The artificial intelligence (AI) insurtech market, which was USD 3,640 million in 2022, has the potential to cross USD 35,770 million by 2030, at a CAGR of 33.06%.