World AI Software Growth Forecast, 2020-2024
Worldwide revenue for the artificial intelligence (AI) market, including software, hardware, and services, is forecast to grow 16.4% year over year in 2021 to $327.5 billion. AI software platforms and AI application development are the top 2 growing categories in 5 years.
As an example, our CAITO platform utilizes Cognitive AI technologies to learn organizational data and save time when searching for relevant information. We are driving a new era of development, growth, empowerment, and productivity for clients with the ability to access and leverage any quantity of unstructured and untapped data in real-time.