The global AI market is expected to reach USD 1,847.58 billion by 2030 with a CAGR of 32.9%. AI technologies are being adopted across various industries for their ability to enhance efficiency, productivity, and service quality while reducing human errors. Deep learning, a subset of AI, is particularly useful in image and speech recognition, while the integration of AI and robotics has revolutionized industries. The healthcare sector is a key adopter of AI, utilizing machine learning for precision medicine, diagnostic assistance, and administrative tasks.
