Big investments show AI is poised to revolutionize marketing

Unprecedented volumes of data and advances in AI are transforming the marketing services industry, according to new research from technology advisory and investment firm GP Bullhound. The firm's new report, AI and the Services Revolution, reveals that investments in marketing-related AI have grown steadily, with $2.5 billion of investments in emerging companies in 2018--and $1 billion invested in Q2 2019 alone. In all, a total of $11 billion has been invested in the sector since 2014. While North America accounts for the majority of funding into AI marketing companies, with a yearly volume of around $1.5 billion in 2014-2018, Europe is showing the highest growth rate. The European market grew to represent 30 percent of all transactions in H1 2019, while Asian transactions have declined from 20 percent in 2018 to only 5 percent as of H1 2019.