Ai In Energy Market Size Projected To Hit $19.8 Billion By 2031

This report from Allied Market Research provides an analysis of the AI in Energy Market, including its size, components, applications, end users, deployment types, and regional markets. It is estimated that the market size was valued at $4 billion in 2021 and is expected to reach $19.8 billion by 2031, growing at a CAGR of 17.4%. AI is being used in the electric vehicle sector within cars themselves in order to manage it and transmit information, as well as outside the car to facilitate the effective management of reports, intelligent mobility solutions, etc. The safety and security segment is anticipated to register the highest CAGR of 18.0%, while the utility segment is anticipated to register the highest CAGR of 17.9%.