Computer Science

• [New] The rapid adoption rate of AI across all business, estimating that the AI market will reach an approximate of $13 trillion by 2030.
• [New] By 2020, robotics and AI are expected to produce revenue of $258 billion USD; by 2025, that figure will be a trillion dollars: Not long later, robotics and AI (Artificial Intelligence) will become the largest global industry.
• [New] By 2020, about 87 percent of AI users will get some of their AI capabilities from enterprise software with integrated AI.
• [New] Artificial intelligence (AI) will contribute more than €13 trillion to the global economy by 2030.
• The global CONVERSATIONAL AI market is expected to witness high growth during the forecast period.
• The AI healthcare market is expected to increase at a compound annual growth rate of 50.2 percent between 2018 and 2025 - from $2.1 billion in 2018 to $36.1 billion by 2025.
• The entrance of AI in work will create some 60 million net new jobs - out of a total of 133 million new roles by 2022.
• The world of computing, from chips to software to systems, is going to change dramatically in coming years as a result of the spread of machine learning.
• Accenture's work on quantum computing reflects its view that the tipping point for the new technology could arrive within just five years.
• The Global AI in Financial Asset Management Market is Expected to Witness a CAGR of 33.84% to Reach Revenue of $11.39 Billion by 2025.
• The large potential contribution of AI to global economy is being captured by other big international players: AI could contribute up to EUR13.33 trillion to the global economy in 2030, more than the current output of China and India combined.
• A key area for CRM growth in 2018 and 2019 will be the addition of artificial intelligence (AI) to leading CRM platforms.
• Research and investment in new technologies, including artificial intelligence (AI), robotics and machine learning, are climbing to the top of business leaders' list of priorities, with a third (34 per cent) of firms expecting their business to change radically in the next two years.
• Half of Australian businesses are exploring the use of AI, with 35% already using it in selected functions and 95% say they expect their use of cognitive and AI technology to increase or increase significantly over the next three years.
• The AI in education market is expected to reach an approximate market value of USD2 billion by 2023 growing at a 38% CAGR during the forecast period 2018-2023.
• The global healthcare AI market is expected to grow at a CAGR of 51.9% during the forecast period of 2018 to 2023.
• Governments and businesses alike are taking AI seriously as revenue from AI services will increase from $6.7 billion (2016) to $188.3 billion by 2025.
• AI is facing its own frustrating skills gap that may slow growth and leave companies still struggling to fill jobs.
• The global artificial intelligence (AI) market is expected to grow at a compound annual growth rate of 40% percent until 2023, reaching $26.4 billion.
• Use of robots in services industries will accelerate sharply in the next five years, fuelled by advances in AI, machine learning, and engineering.
• In 2019, the promise of 5G will become a new leading priority, followed by artificial intelligence (AI), machine learning, and IoT, as well as blockchain and distributed ledger technologies.
• Gartner expects the global AI economy to increase from about $1.2 trillion last year to about $3.9 Trillion by 2022, while McKinsey sees it delivering global economic activity of around $13 trillion by 2030.

See full forecast

Last updated: 16 July 2019