According to a recent study by Next Move Strategy Consulting, the market for artificial intelligence (AI) is set for impressive growth. Currently estimated at nearly 100 billion US dollars, the value of the AI industry is expected to rise to almost two trillion US dollars by 2030—a twentyfold increase within a decade. The applications of AI are diverse and span numerous industries; these include supply chains, marketing, product manufacturing, research, analysis, and many other areas that will integrate artificial intelligence into their business structures. The main trends driving AI in the coming years include chatbots, AI for image generation, and mobile applications. A particularly rapidly growing market is generative AI. With the introduction of ChatGPT 3.0 in 2022, a new awareness of the possibilities of generative artificial intelligence has developed. An indicator of the growing interest in this technology is the rapidly increasing number of Google searches for generative AI from 2022 to 2023. This interest is expected to continue as both ChatGPT and other providers work on updated chatbot versions and other generative AI programs.
Awareness of AI is also growing in the academic field. Artificial intelligence has long been a fast-paced field, and experts in science must keep up with the rapid technological developments. In North America, for example, most PhD specialists go into the industrial sector, while less than half pursue a career in academia. Traditional academic work on AI often lags because the academic process takes time. However, a trend shift is evident as more and more publications on this topic appear.
Overall, the next decade promises to be an era of significant growth and innovation for the AI market, driven by technological advancements and an increasing inclusion of AI in various economic sectors.
Source: https://www.statista.com/
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