Multimodal Al Market Worth $4.5 Billion By 2028

The Multimodal AI Market is estimated to grow from USD 1.0 billion in 2023 to USD 4.5 billion by 2028, at a CAGR of 35.0%. Multimodal AI refers to artificial intelligence that leverages a variety of data types, such as video, audio, speech, images, text, and conventional numerical datasets, to enhance its ability to make more precise predictions, draw insightful conclusions, and provide accurate solutions to real-world challenges. This report covers the offering, data modality, technology, type, vertical, and region of the multimodal AI market.