AI software market to hit $78B by 2025, here are the top applications for the technology

In 2017, the global software system market size for artificial intelligence (AI) was $2.65 billion. By the end of 2025, however, a new report from QY Research found that it is expected to skyrocket to $78 billion. The market concentration of AI software systems is high, and is expected to stay that way, according to the report. SEE: IT leader's guide to the future of artificial intelligence (Tech Pro Research) The US currently holds the leader position for AI consumption globally, according to a press release, and is expected to keep that title for the next few years. In 2017, the US held 35.88% of the global market, according to the report.