Technology and Media Market Research Reports

       Artificial Intelligence in Manufacturing Industry Overview The global artificial intelligence in manufacturing market size was valued at USD 4.10 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 44.2% from 2024 to 2030. The rapid progress of artificial intelligence (AI) within the manufacturing sector is gaining momentum through the implementation of sophisticated technological innovations including analytics, augmented reality, virtual reality, smart packaging, and additive manufacturing within production facilities. Sectors presently undergoing their digital transformation are anticipated to embrace AI-driven services in the foreseeable future. The resilience of manufacturing firms and their increasing demand for sustainable solutions stand as pivotal catalysts augmenting the expansion of AI adoption within the manufacturing industry. Gather more insights about the market drivers, restrains and growth of the  Artificia...

The global a rtificial intelligence market is expected to reach USD 35,870.0 million by 2025 from its direct revenue sources, growing at a CAGR of 57.2% from 2017 to 2025, whereas it is expected to garner around USD 58,975.4 million by 2025 from its enabled revenue arenas, according to a new report by Radiant Insights, Inc. Artificial Intelligence (AI) is considered to be the next stupendous technological development, alike past developments such as the revolution of industries, the computer era, and the emergence of smartphone technology. The North American region is expected to dominate the industry due to the availability of high government funding, the presence of leading players, and strong technical base. Advances in image and voice recognition are driving the growth of the artificial intelligence market as improved image recognition technology is critical to offer enhanced drones, self-driving cars, and robotics. The AI market can be categorized based on solutions, technolog...