The global Artificial Intelligence (AI) market size was USD 85.05 billion in 2022 and is expected to reach USD 1,266.71 billion in 2032 and register a revenue CAGR of 35% during the forecast period. Rising use of cloud-based solutions, increasing need for AI-powered solutions across various industries, and developments in big data analytics and machine learning technologies, are major factors driving market revenue growth.
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