AI and Data Analytics firms must be swift to seize the window of opportunity to expand across various sectors and geographies, before the demand plateaus. As per IDC, worldwide AI market revenues are likely to surpass $300 billion in 2024 with a five-year (CAGR) of 17.1%.
Business leaders across the globe are struggling to make decisions and navigate their technology companies through this period of persistent economic uncertainty, as they must de-risk the current business and find new avenues for growth very rapidly. Amidst this economic backdrop, the ascent in market demand we have seen across our strategic enterprise clients and investors for investment in AI and Data Analytics companies is not surprising.
This report provides key insights on AI & Data Technologies market opportunities and a snapshot of how specialized AI and Data Analytics companies have entered into with established global enterprises across verticals and expanded market size.