Global AI in Energy Market to Reach $7.78 Billion by 2024

According to a new market intelligence report by BIS Research titled'Global Artificial Intelligence (AI) in Energy Market – Analysis and Forecast, 2019-2024', the artificial intelligence in energy market is expected to reach $7.78 billion by 2024. The market is projected to witness a CAGR of 22.49% from 2019 to 2024. This growth is anticipated to be driven by the demand for increasing operational efficiency, rising concern for energy efficiency, growing market penetration of decentralized power generation, and rising concern for battery storage systems. Browse more than 60 Data Tables and 150 Figures spread through 259 Pages and in-depth ToC on "Global Artificial Intelligence (AI) in Energy Market". Artificial intelligence utilizes advanced algorithms and stacks of data accumulated from the source to provide systems and machines with the ability to perceive, think, calculate, and analyze information like a human brain.