DUBLIN, Jan. 30, 2024 (Globe Newswire) — The “Artificial Intelligence (AI) in Marketing – Global Strategic Business Report” report has been added. ResearchAndMarkets.com Recruitment.
In an era characterized by rapid technological advances and changing market dynamics, this strategic business report highlights the huge potential of artificial intelligence (AI) in the marketing field. A comprehensive analysis reveals that the global market, valued at USD 30.9 billion in 2022, is on an upward trajectory and by 2030, it is expected to surge to USD 196.2 billion. I did. This reflects a remarkable compound annual growth rate (CAGR) of 26% during the forecast period. .
The report meticulously segments the market and offers an in-depth study of various aspects including the remarkable growth anticipated in the AI Software segment. The CAGR is expected to be 23.9%, and the sector is expected to reach USD 76.1 billion by the peak of the analysis period. At the same time, advances in AI hardware are also being recognized, with a robust CAGR of 25.7% predicted by 2030.
The United States is recognized as a vitally important market, with a current value of US$9.3 billion. In parallel, China, a rapidly growing economic powerhouse, is projected to proliferate at a CAGR of 25.1%. This highlights that China could transform into a US$33.3 billion market by 2030. The report also identifies other geographic regions contributing significantly to the sector's expansion, including Japan and Canada, where the CAGR is expected to be 23.1% and 21%, respectively. Europe, led by Germany, is expected to have a CAGR of 15.9%.
In a dynamic landscape characterized by global challenges, such as the conflict between Russia and Ukraine and efforts to recover in a post-pandemic world, this report provides unique insights into the impact of these events and more. Masu. It details the competitive landscape of the market and highlights the key players shaping the future of AI-driven marketing. A total of 268 contestants were featured, demonstrating the depth and diversity of this competitive field.
Report details
- Insightful coverage of how geopolitical issues, inflation, and policy changes are impacting AI in marketing
- Comprehensive analysis of competitive landscape including market share details
- Expert assessment of market presence in various regions
- Unique data-driven strategic insights and predictions
- 1 year of free updates to stay on top of market trends
This detailed strategic business report proves the importance of AI in revolutionizing the marketing industry. The forward-looking analysis and in-depth assessment provided by the report will help stakeholders, business leaders, and market analysts navigate and capitalize on the opportunities presented within the rapidly evolving AI in the marketing space. will realize that it is important.
The knowledge and insights contained in this report are important tools that enable industry participants to make informed strategic decisions. The trajectory of the global market offers a glimpse into a future where AI not only powers marketing practices, but becomes an integral part of delivering personalized, impactful, and efficient customer experiences.
key attributes
report attributes | detail |
number of pages | 206 |
Forecast period | 2022-2030 |
Estimated market value in 2022 (USD) | $30.9 billion |
Projected market value to 2030 (USD) | $196.2 billion |
compound annual growth rate | 26% |
Target area | global |
Some of the companies mentioned in this report include:
- albert technologies
- alphabet
- Amazon
- Apia
- Baidu
- drawbridge
- gum gum
- IBM
- inside sales
- intel
- Mariana
- micron
- microsoft
- narrative science
- Nvidia
- oculus 360
- oracle
- Persad
- sales force
- samsung electronics
- sentient technology
- xilinx
- Sensed
For more information on this report, please visit https://www.researchandmarkets.com/r/smf6vl.
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Global Market for Artificial Intelligence (AI) in Marketing