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Software and Services Drive Growth in U.S. Consumer Technology Market

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The Consumer Technology Association (CTA) announced its first U.S. Consumer Technology Software and Services Industry Forecast.The report shows that software and services account for 31% ($151 billion) of the U.S. consumer technology market in 2023. The sector's rise is driven by a broadening portfolio of subscription services including new offerings like Digital Therapeutics (DTx). It finds consumers want a seamless experience when using different services, and service providers will continue to merge. Based on CTA's U.S. Consumer Technology One-Year Industry Forecast, this report reveals how software and services are evolving traditional views of how content is consumed. It previews how AI, IoT, cloud services and connectivity create new possibilities as designers leverage new tools to deliver compelling products.


Global Artificial Intelligence Market Analysis & Trends 2013-2016 - Industry Forecast to 2025 - Research and Markets

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DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Artificial Intelligence Market Analysis & Trends - Industry Forecast to 2025" report to their offering. The Global Artificial Intelligence Market is poised to grow at a CAGR of around 44.3% over the next decade to reach approximately 23.4 billion by 2025. This industry report analyzes the global markets for Artificial Intelligence across all the given segments on global as well as regional levels presented in the research scope. It presents historical market data for 2013, 2014 revenue estimations are presented for 2015 and forecasts from 2016 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.