🎱Market Potential

Market Potential

  • The AI market is project to grow from USD 58.3 billion in 2021 to USD 309.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 39.7%. This growth highlights the rapidly expanding demand for AI technologies across various industries.

  • Natural Language Processing (NLP) is a major driver of this market growth, with increasing demand for AI-enabled NLP tools to analyze consumer behavior on social media platforms. The NLP market size itself is expected to grow from 11.5 billion USD in 2020 to 42.4 billion USD in 2026.

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