The global artificial intelligence (AI) software market size is expected to surpass around USD 1,094.52 billion by 2032 and poised to grow at a compound annual growth rate (CAGR) of 22.97% from 2023 to 2032.
Ottawa, Dec. 28, 2022 (GLOBE NEWSWIRE) — As per Precedence Research, the global artificial intelligence (AI) software market size was estimated at USD 138.4 billion in 2022. Artificial intelligence software includes machine learning, voice recognition, and virtual assistants. It mimics human behavior by learning data patterns. Artificial intelligence software can recognize speech, images, and text to solve problems and develop better analytics. Artificial intelligence software is admired globally due to its supervision to manage the business and operating systems with reduced risk management techniques.
Artificial intelligence software is used in multiple sectors such as education, healthcare, automotive, IT & Telecommunication, defense, and BFSI. As more industries become dependent on artificial intelligence techniques, the artificial intelligence software market is expanding all over the globe. The Covid-19 pandemic has fueled the artificial intelligence…
