Big data and artificial intelligence market are becoming part of business organizations driven by the availability of data from sources such as the Internet of Things (IoT). Nowadays, companies are striving to analyze the consumer data obtained from CRM systems, product reviews, and media comments to understand their customers at a granular level, making their marketing more targeted and effective.

Artificial Intelligence Market Size, Share, Price Analysis 2021-2026
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Artificial Intelligence Market Size, Share, Price Analysis 2021-2026

The global artificial intelligence market reached a value of around USD 1.2 trillion in 2020 and expected to grow at a CAGR of about 23% in the forecast period of 2021-2026 to reach a value of about USD 6 trillion by 2026.