DigiTech Insight Magazine

The global spending on the artificial intelligence (AI) market is also estimated to reach $118.6 billion by 2025. A Business Wire research unveiled that the amount spent on cloud AI in the media and entertainment (M & E) industry is anticipated to reach $1,860.9 million by 2025 from $329 million in 2019. The worldwide AI market adoption rate is estimated to reach $118.6 billion by 2025 [source: www.statista.com] Here are some of the examples of how AI is changing the media landscape. The AI market for social media is estimated to reach 3,714.89 million at 28.77% CAGR by 2025.