DATA STORY: Next investment opportunity? Artificial Intelligence market projected to grow 25-fold in eight years

In next eight years, revenue from Artificial Intelligence (AI) market will grow 25-fold to be more than Rs 3.9 lakh crore by 2025. This year the revenues globally stood at Rs 15,628 crore, according to a report by Tractica, a market intelligence firm that focuses on human interaction with technology. The recent track of investments into the field is equally encouraging. In last four years, the investments into AI companies rose by almost 10-times reflecting the interest and investor sentiment regarding the new technology. The surging interest in implementing AI systems among institutions and companies across the world is responsible for the exponential growth projection.