AI Market Trends: Growth, Drivers, Challenges & Industry Impact
The artificial intelligence (AI) market is witnessing exponential growth, with a projected increase of USD 237.4 billion from 2024 to 2028, according to Technavio. The market is expected to grow at a compound annual growth rate (CAGR) of 30.07% during this period. While the rapid adoption of AI solutions is driven by the need for fraud prevention, enhanced security, and cloud-based services, there are challenges such as a shortage of skilled AI professionals.




