“11 Game-Changing AI Technologies: Discover the Latest Trends Shaping the Future”

To begin with, the MarketsandMarkets research states that the global artificial intelligence market is projected to reach USD 1345.2 billion by 2030, at a CAGR of 36.8% during the forecast period of 2023–2030. Such rapid growth is caused by its synergistic interaction with various other technologies. The convergence of artificial intelligence with other transformative technologies such as the Internet of Things (IoT), robotics, natural language processing (NLP), and computer vision enhances artificial intelligence capabilities and expands its application areas. We will describe all these technologies below.

In comparison with the current market size of only USD 150.2 billion, it is really hard to imagine how fast new technologies in AI will develop in the near future. Moreover, the majority of segments that are predicted to be covered by the rapid development of AI news refer to technology and business. The MarketsandMarkets report also ensures that the artificial market has been divided by verticals into Retail & eCommerce, BFSI, Government & Defense, Healthcare & Life Sciences, Telecom, Energy & Utilities, Manufacturing, Agriculture, IT/ITeS, Media & Entertainment, Automotive, Transportation and Logistics, and others.

According to the Statista report, in 2022, the global total corporate investment in artificial intelligence reached almost 92 billion U.S. dollars, a slight decrease from the previous year. In 2018, the yearly investment in AI news saw a slight downturn, but that was only temporary. You can see that AI investment has increased more than sixfold since 2016, a staggering growth in any market. It is a testament to the importance of the development of the new technologies in AI around the world. Moreover, the Gartner survey of 2022 reveals that 80% of executives think that automation can be applied to any business decision. One-third of organizations are applying AI across several business units.

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