The artificial intelligence market is expected to reach USD 190.61 billion by 2025 from USD 21.46 billion in 2018, at a CAGR of 36.62%

The artificial intelligence market is expected to reach USD 190.61 billion by 2025 from USD 21.46 billion in 2018, at a CAGR of 36.62%. The market growth can be attributed to factors such as growing big data, the increasing adoption of cloud-based applications and services, and increasing demand for intelligent virtual assistants. The limited number of AI technology experts is restraining the market growth to a certain extent Software to hold largest market share during forecast period Software is expected to hold the largest share of the artificial intelligence market. Continuous developments have been witnessed in AI software and related software development kits. Also, artificial intelligence software is used in various applications, such as virtual assistants, marketing, search advertising, identity access management, intruder detection, and cybersecurity Market for computer vision technology to grow at highest CAGR during forecast period The artificial intelligence market for computer vision technology is expected to grow at the highest CAGR during the forecast period.